The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-12-23
rD.cI,l nlrnntrh 10 tho IntellIEeneer

WASHINGTON. d. c., Dec. a.
When the house meets tomorrow II
should have before Il the concurrent
resolution providing for o holiday re-
csss, as amended by the senate, but the
prospect is Il will not receive immedi-
ate consideration. The intention seems
70 be to take no Risks.
AS heretofore predicted in the Intelli-
Eencer, there win, without doubt, be
tariT legislation ut the present session,
the sentiment In It's favor being strong
er since the Cleveland financial scare
message OF Friday, than before. The
Mckinley schedule as 20 wool and lum-
ber Is strongly favored. Congress will
authorize as 4 temporary means of re.
NED short term bonds At low interest
and the tariff measure viii be eou-
pled with that proposition. President
Cleveland will probably have TO lndorse
the one TO secure the other. II ts said
that II Congress shall adjourn without
authorizing a bond issue the admlnis-
tration will Immediately form anoth-
er syndicate and let loose the bonds
anyhow. This latter day record - be-
ing sompared with the past Of party
tnent bonds without reserve. II - not
probable that there win be any change
In the internal revenue schedule.
ThsProgramms In Detail,
Before adjournment Is reached next
Saturday the Republican leaders Of the
house Intend that a bill shall have been
sent 70 the senate in response to the de-
mAnd OF the Presidents message OF
Friday for some means OF relieving the
treasury situation and protecting the
sold reserve. The Republican leaders
determined 10 act promptly as soon as
the message was sent In aud oil idea OF
taxing a recess for the holidays was
abandoned in the face OF the situation
presented. The ways and means COM
rittee was organized yesterday and
last night the Republican members
held a secret meeting ut the capitol, at
which Speaker Reed was present TO dis
euSs the details OF n bill. which. IN their
opinion. would furnish the desired re-
lief.
AS a preliminary II was decided that
while the situation IN the senate as 70
the fate there OF any measure passed
by the house. should be kept In mind,
the house must act independently OF
result In the upper branch OF Con-
Eress. The general outline Of q measure
was practically agreed upon. but the
details have not been completed. The
sentiment was unanimous that no gold
bonds should be authorized. but that q
bill on the lines OF Mr.. Reeds amend
ment Of last year should be drawn up,
and with that should be coupled come
tariff changes for the purpose OF rails
Ing additional revenue. Last winter
the Republicans took the stand that
the menace TO the gold reserve was
caused primarily by the lack OF revenue
10 meet the expenses OF the government
and that Il stiii their position.
Mr. Reeds bond proposition, which
the committee will adopt, provides.
hrst, for the reduction OF the rate OF
interest on bonds TO be issued under
the acts OF 1870 and 1875 for the purpose
Of resuming specie payment and pro.
tectins the specie reserve from 20
per cent, and, second, for a low rate,
low den0minational coin bond which
would practically be o debt certificate
TO be used TO supply deficiencies In the
revenues. By the terina OF the blu y Is
probable that provisions will DO insert
"a 70 provide that the proceeds OF any
bonds Issued under the acts OF 1870 and
1875 as amended shall 20 TO the reserve
and Of the latter bonds to pay current
expenses. In this way q separate ac-
count can be kept and the proceeds OF
bonds sold 10 maintain the reserve can
no: be used TO pay current expenses.
The Tariff Changes.
Tho details OF the thrlR changes win
furnish tho most difficult task in franz
Ing the bill. There Is practical unan-
unity OF sentiment 80 far as can be
learned umonE the Republican men-
bcrs Of the committee for duty on
wool and compensatlng duties on WOOL
ems The western members wanted the
duty on wool to be at least eight cents
ler pound, but the Indications are that
Il will not exceed fvo cents. There Is
sDme discussion OF propo1itlon 20
make n horizontal increase on all the
sehodules. except sugar Of from 10 10
~ per cent, but that 10 opposed In cer-
tain quarters na being not on protec-
ton lines
II seems probable. therefore, that
wool and woolens, lumber and various
other nrtlcles will be selected. While
there IN. II 10 said. some difference OF
opinion on this point, II scemH certain
that there will be tIme limitation OF
Of the tarlff pruvisiona q the bill.
Tho point win be made that II II an
tm.rgeHcy measure mr. raising revenue
md therefore. could meet with the APP
IrpYgl u all who believe that the treas
urY he"dB additional revenue, no mnitGr
wat the individual opinions may bo
fcflrllng protective dutie1. The house
rI probably adjourn Immediately to-
morrow, and the Republlcang Of the
ways and mcnns committee Will go 70
york 70 perfect tho details Of the bill.
n 80 hoped that II can be- ready by
WV l0y. and II 30 II VIII probably be
i under n special order OF the
tmWIitc' on rules or poabibly under
N.rnllDn NJ the rlleB.
Speaker Heed and his lloutenantB hrc
~ dlNpp7oi TO brook delay Thoy bo-
lnNn tho houfo should do lta duty
W0mutlY After the blll haH been sent
No" senate. tho question of whothor
''trtHW nhnll remain IN session for the
i'r.lHlor of the h0ildnya Will remain
NliIl ihnt body. N the senate Will pro-
,''l ~ The consideration Df the bill,
w" huuhe win remain In session and
l.g.nnIy adjourn from dhy IN dny. but
" lnH senate nhpuld nftar The pnnsnre
NJ 'hf hnuro blll. Hhuw that II lid not
ll.. 'rn "a Eu ahead with II, and bhould
WN"rnirly IAaH reanlutiDn FOR n hul-
.' tr0rFH II IN probable that the
mouse would lrrco Ia H.
bomurmn oIny ObsirnsL
hH To The attitude Of the Democratic
Wa'fl ih" hll, II seems probable that
'' 'lll uH Upp0fod w most, NJ not nIl VI