The daily morning journal and courier., 1895-12-23
T0SEI THROUGH THE RECESS
THE OCCASION FOR I'll IS W.4S PRESI-
 DENT TCLETELAND,S MESSAGE.

 The Ways and Means Committee Will Get
 to Work as Rapidly as Possible on the
 Consideration of BnIs-Tariff Changes
 May Add Millions to the Finances--The
 Banking Com mittee Will be at Work.
 Washington, Dec, 22-For the first time since the short session of the For ty-seventh congress, in the winter of 1SS2-3, congress will enter holiday week tomorrow with the intention of sitting through the season usually devoted to recess. The occasion for this unusual zeal and devotion to public service was President Cleveland's message of Fri day last, which asked the congress not to take it's usual respite from labor at this season of the year, but to remain and provide the legislation necessary to relieve the financial situation. The house will enter upon this work prompt ly tomorrow through it's committees announced on Saturday.
 The ways and means committee will meet at II o'clock and proceed as rap
 idly as may be with the consideration and preparation of a bill or bills to meet the condition which confronts it. The measure of relief which it is ex- pected the committee will propose will include, either in one bill or several, as may be deemed most eXpedient brief amendments to the tariff law, not in volving general revision, such amend
 ments to expire at the end of thirty months; authority to the secretary of
 the treasury to issue a 8 per cent. bond as a popular loan to maintain the gold reserve and for no other purpose, with
 proviso that the redeemed green
 backs shall not be used to meet ex- Ipenses, but be retained as long as nec- essary as part of the redemption fund; authority to issue to national banks cir culating notes up to par of the bonds
 deposited as security therefor and to reduce the tax on national bank circu-
 lation; and authority for the issue of certificates of indebtedness to meet the
 temporary deficiency in receipts until
 the revenue can be provided.
 It is estimated that the proposed tar if changes will add from thirty to thir- ty-five millions to the income of the
 government. Although there is some criticism of this scheme from the re-
 publcans, the proposition will receive the united support of the majority. One
 suggestion was that the Reed substitute for the issue of gold bonds, made in the last congress, when financial schemes were being considered, could
 be reported and passed.
 While it is not probable that the eonn-
 mittee will be ready to report before Wednesday or Thursday at the earliest, there will be no adjournment for more than a day or two at time until the proposed relief shall have been enact | ed. Should this be accomplished this week the house will probably then in- dulge in three day recesses over the l New Year holiday.
 In the meantime the committee on banking and currency will be at work on a bill to remodel the financial sys- tenn of the country in the hope that it will be ready for report when business
 shall be regularly resumed in Jan uary.
 Although the senate will be nominally in session it is believed there will at no time be quorum. A financial de- bate may be precipitated Tuesday If MT. Vest presses the resolution for which he asked immediate considera- l tion Saturday. This resolution directs the secretary of the treasury to coin 1 the silver bullion in the treasury and apply the silver dollars so coined to the redemption of the treasury notes issued in payment for the bullion un-
 der the Sherman act.
 If the senate should be in a humor | to permit the resolution to come to vote it will surely pass, for the silver men are in the majority by possibly a dozen. It is likely that the senate will meet only at intervals, as legislation relating to finance and revenue must orinigate in the house. Until some
 measure is sent over from the house there will be little occasion for the senate to remain in session.
 Now that the holiday recess has fallen | through the republicans may urge the democrats to fill their committee list, but there is little probability of this
 being done until the New Year is in- augurated. Taken together, the com | ing week in the senate promises to be unproductive unless the unexpected happens.