The daily morning journal and courier., 1895-12-26
TARIFF AND FINANCE BILLS
BOTH VERB ORDERED IMPORTED
 BY 4 STRICT PARTY TOTE.

Them But Without Avail-Duty of Sixty
 Per Cent. Placed on Wool-A Duty on Lumber-Provisions of the Financial Bill
 Washington, D. C., Dec 25.-Despite democratic appeals for delay and dem- ocratic assertions that such legislation was unnecessary, the tariff and bond bills prepared by the republican mem bers of the ways and means committee were ordered to be favorably reported at the full meeting of the committee held this morning by a strict party vote. All the members of the commit tee except Mir Grosvehor of Ohio and MT. McLauren of South Carolina were in attendance. The session lasted two and one-half hours. The democrats made a general protest against both measures, The tariff bill was first con- sidered. As each section was read Mr. Turner of Georgia moved to strike it out, the democrats voting in the affirm ative and the republicans in opposition MT. McMillan of Tennessee then enter ed an earnest plea for more time in which to consider both bills. He argued that this being a holiday the depart ments were closed and that it would be impossible to secure from the treasury before Thursday the data necessary to support the democratic contention. He moved that further consideration of the measure in committee be postponed for two days.
 This motion was defeated, as was also his motion for twenty hours delay After this the discussion for a while be- came general. The democrats contend ed that the treasury with a cash bal ance of $170,0 GOO, was sufficient to meet emergency; that the receipts be- fore the close of the fiscal year would equal expenditures, and that no tariff legislation was necessary. To this Mr Dingley responded with a general dis claimer. He stated that $70,000,000 of that amount was in greenbaCks which had not been received as revenues, but which were redeemed with gold, and that they belonged practically to the redemption fund. They were a part, really, of the cash balance and ought
  He showed that the gTeenbacks were used as an endless chain to draw gold from the treasury, and approved the policy of the secretary in locking them up. The purpose of the tariff bill, MT Dingley continued was to furnish the money needed for the expenses of the government without trenching on the gold reserve or the greenbacks which had been redeemed in gold He admit ted that in offering these revenue meas ures the republicans had waived, for the moment, their protection principles and they made this concession, hoping that the president would be equally un- selfish in putting his own objections be- hind him.
 Mr. Dingley insisted that the bill was not intended as a party measure, It was, he explained, non-partisan in char acter and he hoped that it would poll the full vote of congress in order to save the credit of the government which, according to the presidents mes sage and in disclosures made in private by MT Carlisle, was in great danger. The condition of the treasury, he in- sisted, demanded prompt action Every days delay added to the embamass 4nent of the administration, Inasmuch as no revision of the tariff was attempt ed. no discussion in committee at this time was necessary. The republicans he said, in conclusion, had taken the tariff law of 1894 as a basis, and accord ing to the importatiOns for that year, the new fbill would add $40, 100000 an- nually to the revenues Of this sum SIP 900 900 would be derived from du- ties on raw wool; $14000,000 from in creased duties on manufactures of wool and s14. 900 additional from the hori- zontal increase on the remaining sched- ules, except sugar, which was not changed, and lumber, the duty on which would be 60 per cent. of the Mckinley tariff rate.
 The first and only break in the dem ocratic column was on the mouon or MT. Turner, dem, to strike out the sec ond section of the bond bill authorizing +be issue of S5O,O0O 000 in certificates of indebtedness On this motion MT. Tars- ,ov, den, of Missouri, voted with the ronuh1icans and the amendment was 1os+ Thereupon MT McMillan, dem, of Tennessee, offered an amendment That the certificates should be subject +o +axation. as are the greenbacks and other moneys. but this amendment was also rejected, the republicans voting against it.
 MT. Dingley was authorized oy ms associates to prepare the report or the majority which he will present to the house tomorrow. There is no indica- ton that report will be presented by the minority as they have not yet been furnished with copies of the bills as amended in committee.
 The following is the text Of the rev. enue bill which the ways and means committee will report:
 "A BILL TO TEMPORARILY IN CREASE REVENUE TO MEET THE EXPENSES OF GOVERNMENT AND PROVIDE AGAINST A DEFICIENCY.
 Be it enacted, etc.,.
 That from and after .he passage of this act and until August l, 1898. there shall be levied, collected and paid on all imported wools of classes one and two as defined in the act hereinafter cited. approved October l. 1890. and sub feet to all the conditions and Limitations