Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1897-07-12
WASHINGTON LETTER.
ESPECIAL coRREsPoNDENcE THE MONITOR.
Wnshirlnto11 .LlLale 22th 1907

worked hard to get the tariff bill
through the Senate last week, but fate,
in the shape of several undisposed of
amendments, could not be overcome
and the bill is still before the Senate,
and the Senators are working when
most other people are celebrating In
dependence Day in some more pleas
ant manner. But they have the CON
ISOLATION of knowing that they will
certainly pass the bill this week.
Probably no amendment added to
the tariff bill by the Senate will give
more general satisfaction than that
which imposes a tax on every certifi-
cate Of stock and bond other than
those issued by the Government, Ma
tional, State or Municipal In addi-
ton to raising revenue to a large
amount from a class who will not find
it burden, this amendment, if it re-
remains in the bill until it becomes
law, as it probably will, will drive the
places known as "bucket shopso out
of business, because to fail to pay the
tax on each transaction will be to
acknowledge that they do not actual
" sell the stock, but merely accept
bets on whether the price will go up
or down, and to make their proprie
tors amendable to the laws against
camping; to pay the tax will bank
rupt them. 1t will probably also les
sen the business done in the legiti-
he
tax will add to the expense of buying
and selling stock for speculation, but
there are thousands who will regard
it q great blessing to the country if
stock speculation as a business was
entirely broken up. 1t is a business
that produces nothing useful and adds
nothing to the real wealth of the
country, while it annually democrat
ICES and drives to the dogs thousands
of business men who might continue
to be useful citizens if it were not for
stock specializing. There was an IN
usually large attendance at the meet |
ing of the House today, as all repub
ican absentees had been notified to |
be present, because of the expecta I
ton that the tariff bill would be sent I
back from the Senate. All Of the
republican Representatives now in
Washington, will remain in reach I'M
til the tariff bill is disposed of. The
House took its usual adjournment I'M
til Thursday, and it is hoped that the
Senate will have passed the tariff bill
before that day.
The last democratic Senator to find
out that Senator Chandler is always
loaded, was White of California. Mr..
Chandler was making few remarks
on the reciprocity amendment to the
tariff bill, which was reported from
the Finance Committee and adopted
by the Senate, when Mr.. White tried
to be ;'funny" by asking him if he
had been commissioned by the FL
nance Committee to occupy the floor
until the next amendment was ready.
Quick as q flash, Mr.. Chandler re-
sponded, with an eXasperating smile:
ooh no! I have been asked merely to
occupy the floor to look out for any
thing that the Senator from California
may say worthy of notice. AS moth
OF the kind has occurred, I will con-
tinue to confine my remarks to reel
procity." Mr.. White dropped into
his seat and sought consolation by
putting extra vigor in the movement
of big palm leaf fan, while Senator
who had received his dose of
Chandler drops several days before,
made no attempt to conceal a broad
grin. t
1t is learned from authoritative {
source that President Mckinley may t
send a special message to Congress in L
n few days, strongly recommend @
ing legislation for the appointment of t
4 Commission to investigate and re q
port upon the reform needed in our {
present currency system. IF this mes o
'age is sent to Congress, it will not be o
With the expectation that the matter n
will be acted upon at the present SEES 4
hon, but for the purpose of getting it e
before the country for discussion and t.
Tt is pretty thoroughly II
understood that no other legislation II
viii be taken up by Congress after q
he tariff bill is disposed Of. b
Nir. n. D. Scott, the West Virginia e
member of the Republican National d
says he has information e.
hat the big strike in the coal mines is L
Iart of a democratic scheme to carry W
)hio. He says the idea of the demo n
ratio instigators Of the strike is that N
! will cut off the supply of coal and 81
esult in at least partial paralysis Of sc