The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1897-05-26
MODIFICATION OF rRDArY


There should be no difficulty in Sc
curing through the treaty -making power
such notifications Of the treaty as will
ha satisfactory to both countries with
out injury to either. 1t certainly cannot
be expected that the United States will
continue for any length OF time to pay
bonus Of $7,000,000 or 5000, 600 per an
mum as an inducement TO any foreign
country to trade with us. assume
there will not be no difficulty in secur-
ing proper notifications Of the treaty
SO that it will not be necessary for the
Government OF the United States to give
the one years notice Of it's abrogation,
as provided for by its terms.''
returning to the schedules, Mr. AID
! rich said:
LEAT TOBACCO CLAUSE
I'm Schedule T. we have suggested a
| return to the rates imposed by the act OF
laSt on leaf tobacco. This action is far
wrapper tobacco IN the United States
There is Very wide difference Of opinion
among those whose interests are affect
ed as to what rates Should be imposed
THE COTTON SCHEDULE.
"In the cotton schedule the rates,
which are practically those Of 1894, have
not been changed from the House sche-
dules except in the paragra phs rela ting
70 hosiery. underwear and corduroys y
|
! somewhat lower than the House provi-
| sons." = -
N conclusion Mr. Aldrich said:
| .ihe committee also hopes, before the
pill passes from the consideration Of the
senate. to be able to present certain
ministration law
FAR FROM SATISFACTORY.
Inc industrial system of the United
| states is growing more and mor. COM
p!eX every year. It Is becoming more
| uitiicuit every year to satisfy, In u tariff
| revision. conflicting claims OF sections,
| or 10 so adjust rates as to do no intus-
tice to any or the varied interests Of this
great country. The revision Of para
sraphs ana rates recommended by the
committee are undoubtedly far from sat
sitactory In many cases to interested
| parties. - -
The amendments recorded present
Inc concensus Of opinion Of q ma aicrity
| or the members of the committee We
nave no pride Of opinion or authorship
| IN regard to any OF the provisions re-
ported We have given careful consid-
Grafton to the numerous important ques-
| tlons involved in the various schedules
! we present to the Senate the result of
| our labors and shall cheerfully accent
your judgment as to the wisdom Of our
| conclusions"
Mr. Aldrich closed at $40 o. m. Mr..
f'ettiGreW then presented an amendment
that when articles are manufactured by
trust, articles Of this character i'm
| ported from abroad shall be free Of duty.
| lie said he would ask It's consideration
Immediately after the committee
amendments.
Mr. Vest. Democratic member OF the
rihanee Committee. was then recognize
ed We know" he said, "the desperate
condition of the country, the ruined
homes, the blasted hearts. If prosperity
can come from any source, even from
our adversaries we will bless the mo-
nlent. | do not believe the imposition
OF higher tariff duties will dispel the
clouds hanging above as, bringing back
the sunshine and illuminating the whole
country"
1t had been said, Mr.. Vest proceeded
that adversely came with the advent Of
me, me D,emocratic party and prosperity
with the Republican party. But that
adversity did not come with the advent
or the Democratic party. Mr.. Vest said
ne would summon as q witness no less
an authority than Mr.. william McKin-
.sy. ne senator read from a report
hlaue py Mr.. Mckinley on April l. 1890
setting forth the distress which the
I4rlncrs or the country were suffering.
i1oW was IT expected. the Senator asked
mat by Increasing the burden of tariff
taNes the farmers would be helped to
puY more goods?
Republican party was about to abandon
US record and urge tariff not for pro
tectlon. but for the amount OF revenue it
Will produce? -
The Senator said there was at this
llme an available balance in the Trea-
sury OF s229, ,350.65O DeducinG the gold
reserve of $100.000.O 600. the available BAL
ance was s129. $50 ESQ.
Ihls vast amount OF Idle money was
now accumulated in the Treasury. And
yet the Senate was told that it must
impose on our suffering people addi-
tional taxes When President Harrison
turned over the Government to Presi-
dent Cleveland the Treasury balance
stood at s24,12s,os7. To-day there was
siO5, 1000 more than when Mr.. Harri-
son turned over Government affairs.
Mr. Vest declared that the proposi
tion to raise s31 100000 Of revenue by q
tax on tea and increasing internal reye-
nue. taxes was n naked and bold" aban
donment Of the protective policy of the
Republican party.
MI Vest discussed the different sche
dulles. and In conclusion said there was
no disposition to delay the considera-
tion Of the bill. There would be no
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