The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-01-30
Mr.. REED TALKS SENSE
Aud Tells Why tho Gold Reserve
Has Disappeared.
LACK OF REVENUE THE SECRET.
Tho one.tonth Difrerentiai Sugar
Duty In tho Houso-sir. Wilson
Opposed to Farther Ameudmcn,s
to tho Sugar Daties-air. Mnnder.
sons COmprouniso In tho Senate.
bankruptcy Bill Debate.

WAsHisoroS, D. c., Jan, 2o-A special
order was invoked to-day to bring up
the bill to repeal tho one.ten.h OF n
cent dltierential duty imposed by the
new tariff law on sugar imported by
bounty paying countries, and It was
passed without amendment by vo.o Of
$50 to 81.
A series Of amendments, two oaorcd
by Mr.. Hepburn and Mr.. Hopkins. look.
ing to retaliation In case Germany 70.
fused TO admit our meat products after
tho repeal Of tho dtidrential, ono by
Mr.. Hit, OF Illinois, to repeal the one
eighth diherential in refined sugar, one
by Mr. DingIey, OF Maine, to provide
that this act should not be construed to
mean that the United States surrendered
the hight under treaties containing
favored nation clausel, to effect boun-
tics by tho imposition OF equivalent
diderential duties. and one BY Mr.. Van
Noorhis. OF New York. to place all
sugar, raw and refined. on the free list,
were lost by practically atrictly party
votes. The debate on the amendments
was Of an interesting character. aud q.
times very spirited. Il touched quite.
extensively on the treasury situation
and the remedies to be applied.
Mr. Dingley, OF Maine. made q long
statement OF the receipts and expendi.
lures 10 show that the treasury was
suffering IRON lack OF revenue, and that
the first duty OF the governmen, was to
increase the receipts Of the treasury.
Mr.. Reed (Rep.. Maino), who closed
tho general debate for his side, de-
clared the pending bill was tritiinS be-
cause no one expected it to became an
act. Il was In that respect. he said,
like much OF the legislation proposed In
tais Congress. Inttinsically the bill
was OF importance in that he did not de.
sire Congress 10 commit itself too
secre;ary OF state. But the bill was be-
ing pressed not because it was OF i'm
por.ance to US from any economic point
OF view, but because it was said to con-
travene some OF the treaty rights. This
proposition involved q peculiar situa-
tion. Mr.. Reed called attention TO the
conflicting opinions Of the secretary OF
state and the attorney general, the lat
ter being strong in the opinion that this
duty did no: violate the treaty with
Prussia.
Proceeding Mr.. Reed asked what eyi.
dence had been adiuced to show that
our meats had been excluded BY Ger.
many because We had imposed this
diferentiai on her sugar.
When this administration came into
power there wa. slo7. 100000 in the
treasury in gold. That was the sur
plus. Since then the administration
has borrowed III, 100000, making in all
S224, 100000. Suppose the revenues had
equalled the expenditures, and the gold
had been paid out. there would be in
place OF gold the equivalent in green
backs. That is the situation in nut
she'll. II this had occurred, Mr.. Reed
declared that no one would have asked
that the Creenbacks should be retired
from circulation. "Whnt Is our duty :?
It is very plain. Make the revenues
equal to the expenditures. We, on our
side, are always ready to do our part to
sustain the government" Republican
applause.
The attempts to amend the bill by re.
pealin2 tho other, ,portlons OF the sugar
duty were opposed By Mr.. Wilson on
the ground tina. ii the bill was loaded
down with amendments ilwould sur ely
meet Its doom In the senate.