New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-11-11
DeIiciously Refreshing,
COLGATE &. CO.'S
Violet Water.
,,opE REVENUE DEMANDED
.ur TREASURY DEFICIT CONSTANTLY
INCREASING.

,yr,JuOOD THAT THE D1NGLEY EMER-
.,rv TARIFF BILL WILL BECOME LAW
s,,,r,A1. SESSION OF THE LvTH
CONGRESS PROBABLE.
inv TELEGRAPH TO THE rRiBrNE.1
washington, Nov. 10.-Now that the all-ao-
80 excitement Of the Presidential cam
and election is over the attention OF
p.s..,,en is again sharply called to the condi-
49, =, the public finances and the vital neces-
Wv. =, some action to swell the National
IT, nrss The receipts Of the Government con-
.,',. n he inadequate to meet current expenses
.he condition Is somewhat worse tnan II
year ago The deficit for the first four
-.h. and ten days Of the current fiscal year
.,,nt. in round figures to S37 100000. and for
AZ, ron DAYS Of November to about S4,ZUO.-
~ u IA true that the inflow OF foreign golo
"a the breaking UP of gold hoardiinss at nome
:. account of the triumph OF sound money at
-. mills have swelled the Treasury gold re-
..~v. some S20.OO0.0OO above the legal require
-.,,s hut there is no assurance that this con-
,,,,or mat not change and disappear at an!
49,. On the other hand. the amount OF avail
..,. cash In the National Treasury Is steadily
.-.,,a,,rs down on account Of the insufficiency
- -.vsnue Exclusive Of the $100,OOO.OOO gold
-..s-re and certain items like fractional silver
..,, minor coin. etc the total amount OF avail
.,,. .ssh In the Treasury is now somewhat less
49,, s112 OOO. 600 and this balance. as has al
,..dv been said. is subject to a constant drain
n. Dineley Revenue bill. which was passed
- the House Of REPRESENTATIVES last December
"a held up in the Senate by the Democrats
al Populists. with the aid Of half dozen
s.oators who were nominally Republicans. but
/, whose opinion the claims Of silver outweighed
IN o,ber considerations. was designed to make
4. temporary provision to meet this constant
a,,jn It was estimated that the measure If en-
acted would add some S30,000.0OO year to the
,.venues while It remained in force. and by Its
own terms it was to expire on August i. 1898.
v.tber Chairman Dingley Of the Ways and
Means Committee nor any other supporter OF
the bill pretended that II was anything more
than temporary expedent to provide against
immediate and pressing emergencies. IL was
not regarded as in any sense Legislative settle
ment OF the tariff question which should be al
lowed TO stand longer than the necessity which
cave birth TO 1t should continue.
The question now is. Will the Senate at It's
coming session reconsider its hostile attitude
OF last winter and pass the bill. and, II so, VIII
President Cleveland approve 1t or permit IL 10
become q law without his signature? An al
answer
relieve the situation. Is such an answer PROB
able? Chairman Dngley thinks not and his
opinion Is shared by many Of the more careful
md experienced statesmen whose opinions have
been thus far obtained. On the other hand. me
onIv Republican silver Senator who has had
ANYTHING to say on the subject In washington
.ince the election-Mr Carter OF Montana-is
81 the opinion that factional opposition to reve-
nue. legislation on the part OF Senators VINO
favor protection to American Industries. what
ever may be their views In regard to silver
COINAGE. need not be feared at the coming ses-
sion. Senator Pettigrew. Of South Dakota. VINO
voted with the minority last winter Tor the
Of the Dingley bill but who with
arew with Senator Teller and others from the
4 Louis Convention. has also pledged himself,
q a conditional sort of way. to support revenue
IxisIation. but whether he will vote for an
emergency measure like the Dingley bill Is
different matter. -.
On the whole, the prospect OF the passage OF
that measure by the Senate in this Congress
appears to be the reverse of favorable. Whether
ne President would allow the bill to become
iaw II II should pass the Senate Is wholly un.
certain. despite recent assertions to the enec'
that he would do so.
Taking everything into consideration. the I'M
preston that a special session Of the LVtn
Congress. to deal with questions affecting the
National revenues. will be found necessary
seems TO be q reasonable one.