Morris tribune. [volume] (Morris, Minn.) 1880-2000, 1896-01-08
CONGRESS NEWS
Interesting Items Cleaned at
the Capital by the Tribune
Reporter.
All the Important Doings in
the House and Senate Re
corded Weekly.


has something to say, and when he
does talk he is carefully listenedto by
those who disagree with him as well
as by those who agree with him
His Offering Of the following was one
of the greatest surprises that the pre-
zsentsession of congress has produced:
"REsoLvED, That by injudicious
Legislation by the tifty-third congress
the revenues of the government were
reduced below it's necessary expendl-
4ure, and the fund created by law for
the redemption of the I. IS. notes has
been invaded to supply such defici-
sepcy of reserve that such a misappli-
cation of the redemption fund Is of
doubtful legality, and greatly injuri-
eus to public credit, and should be
prevented by restoring said fund to
the sum of not less than $l0O.0OO,OOO
ia gold or coin bullion, to be paid out
only in redemption of U. S. notes and
treasury notes, and such notes, when
redeemed, to be reissued only in ex-
change for gold coin or bullion"
To-day Senator Sherman made a set
speech in favor of the adoption of the
resolution, and no speech delivered at
ahis session has been SO closely
listened to by the senate. It is i'm
possible 10 say at this time whether
either the senate or the house will
adopt the resolution. The prejudice
against the retirement of the =. S.
notes igreenbacks) is widespread in
congress, and for that reason it would
seem that such a resolution could not
be adopted. But, while the adoption
of this resolution might result in the
Temporary retirement of some of the
greeRbacks, it would only retire those
presented for redemption. In other
words, it would leave it for the spec
sllators in gold to decide whether it
would pay them to get gold upon
such terms, and Senator Sherman be-
lieves the knowledge that the green
backs SO presented would be even
temporarily retired would deter the
spectators from presenting them
He believes that if any greenbacks
were thus returned that as soon as
the revenues of the government
reached surplus stage they would
be exchanged for gold, as was often
done when the governments revenues
exceeded its expenditures. Such a
resolution is too important to be
hastily acted upon. It will go to the
sen ate finance committee for careful
consideration.
The senate finance committee has
been hard at work on the house tariff
bill this week, and Senator Morrill,,
he new chairman Of the committee,
expects to get it reported to the SEN
ate at once. Unless the Democrats
act different from the the way they
talk an earl y vote will be reached on
the bill, and probabilities all favor it's
passage.
Chairman Dingley of the house
ways and means committee, charact-
erizes the December treasury state
anent as a palpable fraud, and shows
that a true statement of the receipts
and expenses of the government for
December would show deficit of
more than $3,500,0OO, instead of the
half million surplus claimed by Secre-
fary Carlisle's official report.
Senator Elkins has offered reso-
tuition the adoption Of which might
block Mr.. Cleveland's new bond deal
with the bankers syndicate. 1t de-
clares the sense Of the senate to be
that no U. S. bonds shonld be sold at
private sale or by private contract,
but they should be advertised and
sold to the highest bidder.
The naval inspection board has
made its report on the battle ship
Texas and as a result the Texas will
probably go out of commission and
be sent to the Norfolk navy yard to
have her bottom strengthened and
other defects remedied. The Texas
is the result of a very brilliant idea
which got into the head of Hon. w.
G. Whitney, when he was Mr.. Cleve-
lands secretary of the navy. He
thought the English could design
better ships than the Americans, and
he paid out good American money to
Englishmen for the plans Of the Tex
AS, although prominent naval officers
lid not hesitate to saw that the plans