The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-11-06
And a Observation-Disclosures Bill Passed
by Both Houses with All the
Haste Possible.
DINGLEY MAY PREPARE 1T
AND 1T is NOT LIKELY TO BE
STRONGLY OPPOSED IN SENATE.
2O1 Republicans Elected to the House
and Several Districts Still in
DOubt-Only 124 Democrats.
Special to the indianapolis Journal.

Special to the Indianapolis Journal.
WASHINGTON, Nov. 5.-Majo McKin-
ley's election and the fact that he enters
the White House supported by a Repub-
lican House and Senate puts an end to all
fear Of free-coinage laws in this country.
President McKinley's first action on enter
ing the White House will be TO issue a
proclamation converting the Fifty-fifth Con-
gress in extra session some time in April.
Moreover. it is the programme to have the
new tariff bill. which will beIthe specific
purpose OF the extra session or Congress,
practically drawn up and ready for passage
before it is introduced into the House. In
deed, 1t is quite likely that Congressman
Dingley, of Maine, 70 whom will be in
trusted the business Of drawing up the first
draft of the new bill. is already at work
on the preliminary outlines. There will be
but few radical changes in the composition
of the House ways and means committee,
because every Republican member of the
has been ~triumphantly elected TO
the House. There is gossip that possibly
Chairman Dingley may be asked by Mr..
Mckinley to accept the secretaryship Of
the treasury, but the drafting Of the tariff
bill will be transferred simply from the
ways and means committee room at the
Capitol to the Secretary's office In the
treasury.
The Republicans can count on SO power
full a majority in the House that under the
existing rules In that body the bill ought
to be IN the Senate chamber within a fort
night after 1t is introduced into the House.
It's history in the Senate will be vastly diff
ferent from the ill-starred life OF the Ding
ley bill in the last Senate. There will be
40 longer in hat bod a determined band
Of reckless ~highwaymen who are conscious
Of their power to hold up all legislation and
em.and q free-silver bill as a ransom.
Voorhees, Of Indiana, Blackburn of Ken
lucky, Cameron of Pennsylvania, Hans
brough Of North Dakota, Kyle of South
Dakota-all free-silver votes-will be re-
placed by Republicans. except in the case
of Mr.. Blackburn, who may perhaps be
succeeded by Secretary Carlisle. Senator
Teller. of Colorado. has stated on several
occasions that the free-silver men in this
country would regard the election this year
as the verdict Of the people on the question
of the free coinage of silver, and that if the
silver men were defeated this year they
themselves simply to recording their votes
- eeOts 1OaICS ~ 10
evident that with the silver forces reduced
almost to anrihilation, and with the prom
Use Of NO further ~factious opposition from
even the handful that remains. the Repub-
lican tariff bill in the Senate has nothing
to fear.
1t would be premature to attempt any
outline of the proposed tariff legislation.
Mr.. Dingley was careful to state and ear
nest in ronpaffnQ On Qvprv nocSihlQ OPca-
sion that the measure which he framed
in response to President Cleveland's appeal
to Congress for aid was purely an emer-
gency Measure. without any attempt at
scientific construction. The new bill will,
Of course. be the result of careful study OF
the economic conditions. Its sole purpose
will be to raise sufficient revenue to con-
duct this government properly, and to Sc
cure sufficient protection for the American
~workingman to enable his employer to
compete with the paupcr labor Of Europe.
1t is not likely that at the extra session
Of Congress any attempt will be made at
currency legislation. The reason is Obvious.
1t Is held by many careful observers of the
Republican PARTY that the ills from which
the treasury has suffered are due only to its
constant deficit, and not to any inherent
in cur financial system, and that
as soon as legislation HAS been placed upon
the statute books which will make the re-
ceipts OF the government equal to It's ex-
penditureS all currency troubles Will be
ever. and that any attempt to tamper with
the laws existing would be unwise. When
the Fifty-fifth Congress meets IN regular
session one year from next December the
new tariff law will have been in operation
for several months, and there Will then be
ample time to take up the subject OF the
currency, If the operations or the law
should fail in any particular to justify the
cxpecta ton of its office.