The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-02-26

portant, not from partisan standpoint,
nut from the standpoint of an American
senator charged with great interests
charged with doing that which the sciIatc
mas shown ilself incompetent TO do--and
nobody more tncomretent that the men
who voted FOR the gold proposition OF this
administration; charged 10 bring 20 thls
country The prosperity which has been de-
ned to II under our legislntion now for
twenty years. charged to devise some sys-
tom that shall satisfy the people that we
ran enter upon that decree of prosperity
to which we are entitled by reason of ad-
vautagta which exist in this country.
Il wish 10 enter my protect and to ray
that am not TO be frightened by the
tnoers OF the chairman Of the rommit &c
nor by the attncka OF the press. shall
do what | think II is my duty TO do here,
regardless of consequences, ana N seems
10 me that II would be IN better taste aud
more IN accordance with me dignity OF inc
senate II We should hear less here and
elsewhere about our paftisan duty"
Mr.. She rman of Ohio followed MI Teller
mud said MIR. President, as member OF
the committees ON finance ! disclaim NIL
part san feeling IN respect to the bill winch
the senator from Vermont moves TO bring
before the senate. That bill does not be
long 10 any party II is not representative
OF any party The only merit Of the bill
is that II proposes 10 furnish $40, 0010p Of
revenue for the support OF the govern
nent--enouGh 10 meet che current cA-
bill prepared for an occasion not
political one, nay now, NJ
President. shall vote for any tax
whatever which may be proposed by any
body. whether democrat, populist or re-
publican, which fhail supply Sufficient
revenue for the support OF the govern
ment
IN is a disgrace TO our civilization, II IL
n Disgrace to the country Itself that we
are now oxpending fS00D,0oo year moro
than the receipts Of the government, ana
tho congress now in session Win boih
houses fully armed with the power 10 iuf-
ulsh the revenue. is idle and refuses to
ret. ,,o
m anvtbinp in order TO meet TINS de-
fciencv. and | say that II the present con
grcss should adjourn in the face OF me
declarations now made to US In the ON
cial rcuoits sent 10 us; of the statements
made nv the president Of the United
states md of tho secretary Of the treas
ury that We are now going on Guy 10y
day like careless spendthIlit 10 lhNoiNr
the country In debt. selling bonds wnen
il is thc duty Of congress 10 at once sup
ply the revenue
Mr, pcffer-The president asserts that
We do not need any more revenue.
Mr.. Shorman-i don't care what the
president says,
MIR sherman--Eyery man within INC
sound of my voice Know ,na. W. ~, ~
inc that since the first day Of July ana up
to the present month OF February, ~,
there has already been deficiency IN the
f='fN''f'Tf.ff
fore the end Of the fiscal year, ~ the
same ratio, tho amount OF the deficiency
WIN be '1o0o0,0O.
'sIr such condition should occur IN
Grcnt Britain or any other country whore
they have n parliamentary law, II wouin
dethrone any party IN power. and an I'M
mediate effort would be made 10 Increase
the Income tax or to provide some other
form OF taxation 10 meet the current eN-
penses Yet new--and every day ana every
hour aince the passage OF the present law
and even before, IN view OF its pa ssage--
nc have been running ia debt and increis'
ing our debts There is no occasion Tor
It.
"a tax on tea and conee wonln DC palu
chserfully by the people OF the inlteo
States. Any tax whatever the most on
noxious that could be collected, woul1
be supported by the people or the United
States rather than see thf iunneh nept
Increased Already s2h2,WJ,op OF bonds
have been issued during the present al
ministretion.
"The issuance Of the great body OF these
bonds was made necessary by deficiency
OF revenue aud rs for the remainder, II
was caused BY the doubt whether, under
this pfocess Of financiering, we should pe
able TO maintain the standard OF our
money In this country.
"Sir. ! have not one WORD TO say about
populiat-. have not one word 10 say 10
wound my friend. the senator from Color
ado (Nr Teiler) or anyone else; do not
Wish TO arralgn any Individual. but what
do is 10 appeal TO the senate OF the