The morning call., 1895-01-15
While Neither Can Suggest an AIDE
quate Remedy.
ALDRICH CALLS THEN BOTH TO TINE.
The Pressing Need of the Government Now
Is for Money to Keep Up
Its Credit.

Hill on various phases of the tariff and
financial situation. At times the debate
between the two distinguished Democratic
Senators took on an added interest from
the keen personal criticism and satire di-
rected at each other. German spoke for
two hours. The speech was mainly re-
markable in its arrayal of facts to show
that the tariff law which German took so
large part in framing was wholly INSULT
cient to raise the revenue absolutely re-
quisite to carry on the Government. In
presenting this view, German dwelt on the
personal features of the contest over the
Wilson bill and arraigned Hill for his atti-
tude then and since on the tariff question.
The speech of Hill was equally personal
and equally vigorous and was received
with the same close attention from his
! associates and intense interest in the gal
leries as had been shown to the Maryland
Senator. Hill directed his remarks mainly
at German, who sat few feet away.
Senator Allison also contributed to the
feature of the day by short but very
effective presentation of the need of i'm
revenue instead of further fruitless agita-
| llOIi Ou Tic CuIIGHCN IeNlSiOl.
After the routine business Senator Stew
art resumed his speech begun Saturday
Stewart spoke of the extent to which
banks controlled Congress, political con-
ventions, telegraph companies and the
press. The banks always maintained a
| lobby in Congress. They dominated ma
tional conventions, Republican, Demo-
cratic and Populist, and secured the nom
nation of their friends. There had been
| bank rule in the administration for twenty
years.
Stewart closed at o'clock and then Cor
man of Maryland rose for the speech
which had been expected for some days.
At the outset German gave his attention to
| the proposition to cripple the income tax
by cutting off its appropriation. He de-
| clared himself opposed to that line of at
tack. He then proceeded to take up the
tariff legislation, as bearing on existing
conditions The tariff bill which first came
to the Senate from the House brought
forth an era of demagogy such as the
country had seldom before seen. 1t over
looked the greatest essential of legisla-
tonic realize sufficient revenue to carry
on the Government.
The Senator said that he, for one, would
never have voted for the tariff bill
if he had not believed it had been shaped
so as to raise ample revenue for the ex-
penses of the Government. The Senate
had added 0,000,0 600 to the revenue under
that law and yet it was now demonstrated
that the revenues under the law were in
sufficient to carry on the ordinary expenses
OF the Government.
According to your estimates" inter
rupted Vest, 'do you claim that the reve-
nues for the present year will not meet the
expenses"
81 do
"Do you include in your estimates the 40
per cent tax on sugar and the increased
whisky tax, which will not be available for
this year? / desire to call the Senator's
attention to the fact that the revenues of
the Government have been steadily in
creasing for three months and that it is
reasonable to presume that by April 1 the
revenues will meet the expenditures"
~ will allow another to answer that
question" replied German. 81 will allow
the foremost man of finance in the Demo-
cratic party to answer, the Secretary of the
Treasury, who amid all this turmoil has
stood for tax sufficient to meet the de-
mands on the treasury. He stood there
while SANDER was rampant and the vipers
of the press were splitting at him, and he
stands there now.
1.-THE Wilson bill, or the German bill. or
the Brice bill, or the Smith bill, or by
whatever name you.desire to call it, was a
compromise bill. The Senator from New
There is something about Democrats from
the section whence he comes that prevents
them ever compromising. Laughter
'sThe Senator fought the bill manfully,"
said Mr.. German, continuing. 81 admire
manliness. But in addition to opposing
the income tax, which, as l have shown is
necessary, the Senator from New York
Joined with all the extreme tariff reformers
to cut down duties on imports. | will
never follow leader" said he emphat-
ically, "who will in time of peace increase
the national debt to pay the current ex-
penses of the Government.
"Before the election of 1892 it had already
been demonstrated that the Mckinley law
did not raise sufficient revenue to meet the
demands of the Government. The esti-
were erroneous, just as the estimates on
which this last tariff law was framed were
erroneous. 1t had been clearly pointed
out prior to the election of 1892 that the
Mckinley bill reduced revenues to the
point of threatening the treasury with
bankruptcy"
German reviewed the circumstances I'M
der which the Wilson bill was taken ND in
the Senate and declared that the expenses
of the Government could not be reduced
German quoted from report of the con-
dition of the Treasury on January II, show
ing that the dificit since July 1, 1894, or
the excess of expenditures, as Mr.. Carlisle
called it, was $34, 100000 on January 10.
Mr.. Carlisle, while the tariff bill was pend
ing, had estimated the receipts under the
Senate bill for the ensuing fiscal year at
1868, 0OO, 900, and the expenditures at $685.
900, 900, or a deficit of $f5,000,0O0. The de-
felt was already double that sum, and the
wear was but half over. Mr.. German spoke
of the difficulty of making accurate prog
nostications, and declared that in his
opinion the Secretary ought not to be held
to his figures.
But" said he, addressing the Demo