The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-02-26
1.-THE LARGEST CIRCULATION OFF AMY NORTH CAROLINA DAILY

IF such q condition should occur IN
Great Britain or any other country
where they have parliamentary
law, it would dethrone any party in
power, and an immediate effort would
be made to increase the income tax, or
to provide some other form of taxation
TO meet the current expenses. Yet now,
and every day and hour, since the pass
age of the present law, and even before,
in view of it's passage, we have been
running in debt and increasing our
debts. There is no occasion for it.
Sir, / have not one word 20 say
about Populists; | have not one word
to say to wound my friend, the Sena-
tor from Colorado (Mr. Teller), or any
one else: / do not wish to arraign any
individual; but what | do is to appeal
to the Senate. The other House having
sent us, ever so faulty, a bill, let us
taEe it up and if ii is not right let us
make it right, and send it back to
the House and we will have ready
concurrence. But for US TO adjourn
with these DEFICIENCIES accruing more
and more is, as / say, not u manly
action to be taken by either o. the
great parties, or by any party that is
responsible for 1T.
Every Senator here appreciates the
necessity for increasing revenue. Every
Senator knows that the hopes and
expectations of the President and Sec
retary of the Treasury, as made in
their reports, have been erroneous, not
from any wilful design on their part,
but because they did not see the ma
tural tendency Of a course of measures
which every day left the government
more and more in debt, and every
month the necessity"
Mr.. Harris: ''Why does not the Sena-
tor from Ohio advise the Treasury De-
partment to coin the $55,O00,000 of
seigniorage and the balance of the sill
YER that lies in the Treasury idle, and
utilize it to answer the purpose of the
Treasury"
Mr.. Sherman: "The Senator from
Tennessee wishes to divert me TO the
question OF free coinage of silver. That
has been tried and tested, and if
ever that question met its solution it
was in the House, freshly elected by
the people, whereby majority of al
most 2 to i, of the House of Represen-
tatiyes, the representatives of the peo-
pie, from equal and exact districts
tUTOUgHOHD tllG COuubIy, pronounced
their dtnunciation of the most foolish
and dangerous policy of departing
from the now lawful standards Of mo-
ney in the country.
Mr. President, l have said great
deal more than / intended to say. /
will merely add that l shall not con-
slider my duty in the Senate discharged
during the present Sc ION until some
action is taken, according to the wishes
OF the President and the Secretary of
the Treasury, not their form Of action
but until we give them, as the execu-
tive department Of the government,
sufficient money, collected from the
people of the United States, to carry
on the expenses of the government. If
we go home to our constituents with
out performing that duty, every man
who can be held responsible for that
condition will be severely dealt with,
as believe, by the people of the Uni
ted States"
Mr.. Frye added his Judgment that
the Tariff bill was dead, as dead as
Julius Caesar" and there was no res
direction whatever for it.
The Cuban resolutions occupied the
latter part Of the session, and the
debate was in progress when the
Senate adjourned.