Milford chronicle., 1895-01-25

ssy. |,
-1d currency
Of t.oy. up hope Of
.a3 sislatlon al this
t iNoIf the Republicans.
sA running hither and
5,IaIng hourly conferences
..sSiplshing nothing and they
,.Snit 1t. A definite appeal has
.spy Democrats friendly to the
~ yason to Senators Sherman and
H5 .;slking them to come to the rescue
z ssk y treasury and to prepare a com
ASomise non-partisan financial bin. 1t isl
9not at all probable that these Senators will
prepare bill, but they, and other Republi
cans, have told the Democrats that, in
their opinion. what the Treasury most
needs is more revenue, and that a bill to
Increase the revenues Of the government,
either by an increase in the tariff on all
dutiable articles, or BY Increasing the in
ternai revenue tax upon special articles
beer, for instanee-wculd receive the votes
of the Republicans in both House and Sen
ate.
For the Democrats to accept this hint
would be to confess to the country what
is already plain to all except those who re-
fuse to see-that the Democratic tariff pol
cy is failure and is at bottom respon-
sibe for all the troubles Of the Treasury
and the country, but there are Democrats
who do not hesitate to advocate that the
confession be made, and while such action
can hardly be said to be probable, it is
quite as much so as that any financial bill
will become a law at this session.
Representative Hit, who was chairman
Of the House committee on Foreign Affairs
In the last Republican House and will al
most certainly occupy the same position in
the next House, is strongly opposed to the
recommendation Of Mr. Cleveland, that
the United States should agree to give up
the advantage it now holds under the
reciprocity teeaty with with Hawaii, and
agree to a modification of that treaty
which would allow Great Britain 10 lease
one Of the smallest of the Hawaiian Islands
to be used as a station for proposed sub
marine cable between Canada and Aus
tralia would be very desirable, both for
that country and the United States, he in
ssts that this country should control such
cable, not only as a matter Of business sa-
gacity but as precaution in case of war. {
This IS no new position for Mr. Hit. As
long ago as the Fifty-frst Congress he
tried to have the diplomatic and consular t
appropriation bill amended so as to pro- g
vide for the survey of a cable route be-
tween San Francisco and Honolulu.
Mr.. James j. Hill the northwestern =
railroad man and snancier who is at pres a
ent in Washington, says of the financial y
situation: "lt's hard to say what should v
be done by Congress in the way of fnan +
clal legislation. It seems to me that it I,
would be good idea to leave it to a com. \
mission to frame bill. Take two of the CT
ablest Republicans in Congress, two Dem n
ocrats, and then appoint John Sherman :,
chairman of the commission It would b
be safe to wager ten thousand dollars Ii
against cent that such a body Of men p
would originate a plan of currency relief
that would settle this vexed question for
the next twenty years n,
Senator Teller, in replying to Senator kl
Hills attack on the income tax, did some ae
plain talking, as he uoually does when he tr
speaks upon any subject. He said that in
any proposition for the repeal of the in re
-ome tax must be accompanied by one to a. a.
'aise as much money, owing to the very M
pronounced need of the Treasury for ou
money He called attention to the fact "
hat if the present monthly deficit was i,y ay
Iept up the deficit for the year would tr,
each 500, 100000; also, that the proceeds sit
7 100000, 900 in bonds had already been ~ "a.
Wallowed up by the deficit under the Of
Cleveland Administration and that the
old reserve fund was down to s77,o Of
90 and still rapidly falling "What the "a. AZ
ouutry is suffering from particularly" he "
ontlnued, us a lack of revenue, not a lack An,
I gold in ihe Treasury. If the revenue in
'aS ample there would be no difficulty in spr
cqulrng gold, and no question of main he
lg the parity between different kinds of edr
loney He paid his respects to the ad fab
linlstraJion thusly: whenever a mem bat
er OF the executive department appeals to car
le legislative department to do something. the
nd has not plan to present, it is good anC
ldence that the executive branch is in lit
e wrong hands viii
the