The daily morning journal and courier., 1895-12-24
AND NOW A TARIFF BILL
CONGRESS TOTES TO TAKE NO HoLI-
 DAY RECESS.

And the New Tair Bill Comes Up on
 Thursday-No Bond Issue Untn Congress
 Takes some Action--CIeariug House Ger
 tiiieates to be Issued.
 Washington, Dec. 23.-Chairman Dngley stated to the house to-day that the committee on ways and means hoped to be able to report a bill or bills to relieve the financial situation by Thursday, The house, after brief session, adjourned at 12;So o'clock un- til tomorrow,
 Owing to the fact that the republi- cans on the ways and means commit. tee had not formulated their proposed revenue-raising bill, the meeting this morning was brief and wltAout result. The full committee met ,before the house convened, and it was expected that the republicans would outline their policy as to the tariff and the bond proposition.
 To the surprise of the democrati, members, however, Chairman DingleN announced that the majority was not ready to proceed to the consideration of such measure as they have in contemplation. The republican mem- bers of the committee propose hold ing secret meetings until they fix up their bill, and they will invite the demo- cratic minority in to take peep at the new creation before it is reported to the house.
 There is not likely to be any ad- journment of congress during the hol- days, or for this week at least. At the meeting of the ways and means committee the adjournment resolution which passed the senate on Saturday last was called up,
 After some discussion which showed that the committee generally deemed it inadvisable to agree to it, a resolu- ton was offered by MT. Payne of New York as follows:
 Resolved, That it is not expedient that the two houses of congress should now adjourn for the holiday recess, and that further consideration of the senate resolution be postponed"
 The republican members of the com- mittee will meet this afternoon and begin the work of formulating meas ure of relief for the treasury, as was recommended in the presidents mes sage on Friday last.
 The attendance this morning was unusually large. Those present were Messrs. Dingley, Payne, Dalzell, Rus sell, Dolliver,. Steele, Johnson, Evans. Tawney, Crisp, McMillin, Turner and Wheeler
 Mir Cannon of Illinois, chairman of the house appropriations committee to-day informed a United Press reporter that the appropriations for the next fiscal year would be reduced to the lowest limit consistent with the needs of the public, service.
 He explained that this did not mea1 a cheese-paring policy, but that no ap- propriations would be made for new work which can by any possibility be postponed until the national finances are more redundant On the other hand, where new work is vitally neees- sary, appropriations will be made for it even if bonds had to be sold to pro- cure the means.
 The house committee on banking and currency met to-day and organized af- ter a general informal talk on finances and then adjourned until January 8. No effort was made to-day to outline a policy to be followed
 Assitant Secretary Curtis was. in his office at the treasury department early this morning and opened up communi- cation with the sub treasury in New York over the long distance telephone.
 MT. Curtis stated that he is not ad- vised that there will be an issue of bonds to relieve the gold reserve until after congress has had a fair opportu- nifty to act He declined to go into the subject further than to say that, as indicated by the president in his mes sage, the credit of the government will be maintained at any cost
 Several other treasury officers who were interviewed on the subject. said that no steps had been taken to pre- pare for the sale of bonds, as it is gen. erally understood that Secretary Car l:sle proposes to wait a reasonable time for congress to come to the relief of the gold reserve.
 It is still asserted that revenue bill will not solve the problem, but it Is contended that immediate steps must be taken to replenish the gold reserve. NEW YORK BANKS PUT THEIR
 SHOULDER TO THE WHEEL.
 New York, Dec. 23.The call for a special meeting of the Clearing House association at noon to-day was issued this morning, At the meeting it was understood the clearing house commit tee would recommend that, in view of the existing unsettled and panicky fi- nancial situatlon,an issue be made of clearing house certificates, and that a loan committee be appointed, who will take charge of the issue of certificates and general supervision oflthe situation, extending aid to any of the institu- tions, members of the Clearing House association, which may require it.
 This issue of clearing house certifi- cates will be similar to previous issues nf o like kind in tir,aS of r,a,,io Io,,