The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1896-01-04
Senate Is Not United on a Plan
to Replenish the Treasury.
SHERMAN WANTS IT ALL GOLD
Mitchell Intimates That Previous Adj
ministrations Erred in Not Pay.
ing Notes With Silver.


nous consent for the consideration of
a resolution directing the committee
on finance to report an amendment to
the house tariff bill, laying an addition
al duty on raw sugar equal to the other
increases of the bill.
Senator Berry objected. 1t was agreed
to adjourn over until Friday. Senator
Morrill, explained that the finance COM
mittee desired to consider the bond
and tariff bills on Thursday.
Senator Chambers resolution, offer
ed yesterday, directing the committee
on naval affairs to investigate the prices
paid by the government for armor plate
and as to whether any official of the
government was interested in patent
processes, was called up.
At the suggestion of Senator German
the words directing an inquiry into the
facts as to whether the prices paid by
the United States were as low as paid
by foreign governments, were stricken
out.
Senator Mills could not see the reason
for the amendment
Senator German explained that it was
well known that an armor plate COM
pany had competed with England for
furnishing armor plate for a Russian
vessel. The prices asked were lower
than received from the United States.
The contract, he thought, had been
made at a loss.
AS to the remainder of the resolution,
Senator German said it contained an
intimation that officers of the govern
ment were interested in armor plate
patents. If the information of the SEN
ator from New Hampshire warranted
these limitations, he had no objection
to the resolution. Great discretion had
been given to the secretaries of the
navy and the results had been marvel
Gus to the world. The honesty, integ-
rity and intelligence of the heads of
the navy department had not been ques-
toned
Senator Hale also spoke of the
achievements of the navy department
and expressed the hope that nothing
would be found amiss.
Senator Chandler said he shared the
general regret, but he was ready to
assume the responsibility for the reso-
luton. Facts had come to his knowl-
edge that required investigation and
publicity in order that future contracts
for armor in the equipment of vessels
now building and to be built should
be above suspicion.
The resolution was adopted
SHERMAN'S IDEA.
Senator Sherman introduced the fol
lowing resolution, which was listened t
with keen interest in view of the sena
tors utterances against the retirement
of greenbacks. He gave notice that or
Friday he would submit some remark:
upon it, The resolution was as follows
Resolved, That by injurious legisla
ton by the Fifty-third congress- tn,
revenues of the government were re
duced below it's necessary expenditure
and the fund created by lawful redemp
ton of United States notes has been in
vaded to supply such deficiency of tn
reserve; that such misapplication o
the redemption fund is of doubtful lie
gality and greatly injurious to the pub
lie credit, and should be prevented b.
restoring said fund to a sum not les
than 500, 900 900 in gold coin or bullion
to be paid out only in redemption O
United States notes and treasury note:
and such notes when redeemed to be re
issued only in exchange for gold col
or bullion"
PROTECT OUR WOOL.
Senator Mitchell of Oregon then too
the floor and spoke in favor of his res(
luton instructing the finance committe
to restore the Mckinley duties on wo,
in any revenue bill reported to the sci
ate Senator Mitchell declared that 4
industry had received such a stagge
ing and deadly Legislative blow as thu
inflicted upon the wool industry by II
Wilson tariff act. 1t had drained fro
the United States within the last we;
$4,000 900 of gold to pay for foreign wo
and occasioned to the wool growers
this country loss of more than $1C
10000 Unless this legislation WI
changed the sheep industry Of the 2
cific coast would be annihilated
Senator Mitchell referred to the co
dition of the treasury and the pre-,
dents appeal and added that while pr
viding at the earliest possible nome
legislation which will produce suffice
revenue to relieve the administrati
IF its present embarrassment other il
nortant question should not be lost sig
Of in the performance of our patrio
response to the president, and we shot
CO 1eg.islate as to relieve from dang
of destruction some of the great
dustries stricken down by the wills
tariff act.
senator Mitchell said the tariff !
nassed by the house would proba
Increase the revenue S40O00000 a We
Amended as it should be by afford
wool lumber, barley hops and OF
AGRICULTURAL products ample protect
a. will give an additional revenue
$50 600 900 and place paddock upon
so-called "endless chain" by which s
&c drawn from the treasury, stop
necessity for further issue OF bonds