The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-04-09
WANTSA FLEET IN CUBAN WATERS
Strong Speech of Senator Turpie
on Cuba Yesterday.
no demands Radical Action in the
matter-Debate on Banking In the
senate-The Metric System Bill Re-
committed in tho House-Bfi Ex-
empting Coastwise Trading Vessels
From Compulsory Pilotaee Debated.

WASHINGTON, April 8. Senator
Turpie's speech on Cuba WAS the event
OF the day in the Senate and In many
respects it WAS the most picturesque ut
terancs heard on that subjecs. The
Senator had an inexhaustibie vocs.
bulsry and bitter satirical style.
While arguing for radical action on
Cuba. even to tho extent OF sending a
feet to Cuban waters, much OF Mr.,
Turpie's speech was given to sarcasm
and ridicule of the course OF MT. Sher-
man and Mr.. Lodge in managing the
Cuban resolutions. The Senator created
much amusement by his graphic Dor.
trayal OF Senator Lodge as s warrior
about to fight duel with Minister
Dupuy de LONE, Of Spain.
Most OF the day was given to the In
diSn appropriation bill, which was not
completed. Unanimous consent was
secured for taking up the resolu ton for
Senate inquiry into the recent bond
issues next Monday.
Something of . debate on banking
came up on Mr.. Teller's request that a
bill requiring national banks 80 keep
their reserves in their own vaults be
referred TO the committee ON finance.
Mr.. Teller said there was q congestion
OF money in the large Eastern cities
growing out of the fact that the law
permits bankers to keep their reserve In
New York city, drawing interest and
thus taking the funds from local use.
List September, he said, 5000. 600, OCO
OF this outside money was tied up in
New York. Il tended to increase Spec
ulation. He WAS Informed that rs per
cent. OF these funds were used in stock
speculation end not in legitimate busi-
ness. He urged the finance committee
to devise some method of reform
Mr.. Hosr agreed with Nj. Teller that
reform was necessary. Since the Ma
tional Bank law went into force the
practice had grown up of having outside
banks deposit their reserve funds in the
large cities in order to get the interest.
1t prevented the former reciprocity be-
tween the local borrowers ana the local
banks. In his opinion the banking law
should be amended 80 as to prevent the
payment of interest on reserve deposita
In all cafes.
Mr. Morrill,, chairman Of the snance
committee, said both the Senators wore
miathken, as the banks of standing did
not pay interest on reserve deposits.
Mr.. Hoer insisted that they did, and
cited the Boston banks, which. no said,
paid 3 per cent. on outside deposits.
The bill went 30 the finance committee.
Mr.. Turpie, of Indiana. was then re-
cognized in support of the joint resolu.
tion of Mr.. Call for the sending of O
United States fleet to Cuban waters to
protect Americans and to prevent Span
Ism barbarities. He then proceeded to
criticize Senators Sherman, Hoar and
Lodge for their course in regard to the
Cuban resolutions. The Senator closed
with strong word picture Of the future
OF Cuba.
Mr.. Sherman 1T once moved sn ex.
ecutive session and st . o'clock the
doors were closed.
House Proceedings.
In the House tho bill to ADOPT the
metric eystem OF weights AMI measures
WAS sent back to the committee on
coinage, weights and measures for con.
slderation. OF the first vote i. had
majority OF two, but the opposition was
aggressive, and after Q series OF votes IL
WAS recommitted.
The remainder Of the day was devoted
70 DEBATE on the bill TO exempt sailing
vessels engaged in the coastwise trade
from compulsory pilotage laws with the
understanding that the vote should be
taken at 2 p. m. tomorrow. The bill
was champtoned by Mr.. Payne (Rep,
N. ~ and Sims, Of Massachusetts, and
opposed by Mr.. Cummings (Dem., N.Y.
mr. Cummings in the course Of his re-
marks charged that Mr.. Chamberlin,
com missioner OF navl alton, had been
lobbying In favor Of the bill. The con-
ference report on the agricultural bill
was adopted.