The Portland daily press., 1897-07-08

Jones of Arkansas and Mr.. Vest of
Missouri. while Senators White, Gallery,
Gray and Allen have frequently figured
in the debate. The bill as it goes back to
the House re-enacts the antitrust sections
of the Wilson act, while the reciprocity
and retaliatory provisions are substitute
for those of the House. One of the most
important new provisions added by the
senate is that placing a stamp tax on
bonds, debentures and certificates of
stock. Aside from these more important
changes the bill as it goes back to the
House has e74 amendments of various de-
grees of Importance, which must be
reconciled between the two branches of
Congress.
Washington; July 1.-THE Senate met
today with a definite agreement made
last night that the final vote on the tariff
bill would be taken before the days ses-
sion closed.
A renewal of attention to Spanish-C Gu
ban affairs was promised in report
made by Mr.. Lodge, from the commit
tee on foreign affairs. 1t empowers the
President 'tto take such measures as in
his Judgment may be necessary to obtain
the indemnity from the Spanish govern
ment for the wrongs, injuries, ETC., and
to secure this end he is authorized and
requested to employ such means or exer-
else such power as may be necessary.
Mr.. Lodge gave notice that he would
II nm tho raCO1Tti0T iD,rnpdiatalv after
the tariff bill was disposed of.
The tariff bill was then taken up and
Mr.. Allison proceeded to perfect its
phraseology. The section placing tax
on tea which had been inadvertently
passed over was struck out.
Mr. Allison moved to sUrike from the
free list hide cuttings raw, with or with,
out hair and other glue stock. Il
This caused some conflict, Mr.. Jones
of Arkansas opposing the change. There
upon Mr.. Allison withdrew the amend.
ment, but Mr.. Mason of Illinois vigorous.
ly protested against the withdrawal II
was agreed to, 30-19.
Mr.. Stewart proposed an amendment
limiting the treasury reserve to 500, O00, :
600 and providing that when an excess OF
y
of the Treasury shall purchase and retire
United States bonds to the extent of $780,
-0O0 COO.
He declared that the accumulation of a
vast surplus bearing no interest, while
bonds were outstanding drawing inter
est, was 'the genius of imbecility," he
would not say rascality.
Mr.. Vest expressed the belief that there
would be no surplus by the bill in 1898.
The Senator said he estimated that
there would be q deficiency of from StS,.
100000 to $4,000, GOO under the bill il
1895.
Mr.. Vest said the average of the Ding
ley duties when adopted would be largely
above 80 per cent. certainly "a per cent
and probably 81 per cent.
The senator turned his attention to thu
benefits conferred by the bill on trusts an(
submitted a table of 100 trusts with thu
tariff duties calculated to benefit each.
Mr.. Morgan of Alabama opposed thu
Stewart amendment on the ground tina
it gave indirect recognition to the main
tenance of the gold reserve now in thu
treasury. The senator intimated that th'
sequestration of this hundred million golt
reserve had cost the country $S75 900,
0u0 in the last IS years.
While Mr.. Morgan spoke, the hour of
O'Clock was reached, and the Vice Presi
dent announced that the five-minute Iul
of debate would prevail, in accordance
with the agreement.
By this time the galleries were fillet
on the floor. Mr.. Stewart modified, thu
amendment emitting reference to the
PRESERVE" in the Treasury.
Mr.. Lindsay of Kentucky remarked that
as there was S239, 0U0,000 in the treasury
the effect of the amendment would be tx
compel the secretary to Immediately
purchase and retire $3.50, 900, 600 of bonds
Mr.. Jones of Arkansas expressed cordia
and hearty support of the amendment.
Messrs. Chiffon, Bacon, Allen and Can
non supported the amendment and Messrs
Chandler, Gallery and Gray opposed it
Mr.. Allison moved to lay the amendment
on the table.
just before the vote was announced
Mr.. Jones of Nevada, who had voted with
the Republicans in the affirmative ant
changed his vote to the negative.
Mr.. Allison's motion was carried, IS tx
80.
Mr.. Aldrich made his appearance OF
the floor during the progress of this vote
He had not been in the chamber for SOM
weeks. Messrs. Gallery, Gray and Lind
say voted with the Republicans ant
Messrs. Mantle, Stewart, Teller, Allen
Pettigrew and Jones with the Democrat
insthe negative. Mr.. Pettus of Alabama
moved an amendment to make the bill
go into effect on and after its passage.
Mr.. Allison adopted this amendment
saying that he did SO in order to throw
the question of when the bill should q
into effect into conference.
Mr.. Morgan then offered the amend
ment Of which he gave notice yesterday
making combinations among dealers il
cattle or swine engaged in interstat,
commerce to increase or depress the price.
thereof criminal and punishable by fin,
and imprisonment. Lost, 20 to 81.
Mr.. Caffery moved to strike out tn,
countervailing duty on sugar. In con
nection with this amendment Mr.. Caffery
read statement in effect that Secretar1
Gage had proposed an international reve
nue. tax of one cent per pound on raw
sugar imported prior to the passage of tn,
pending bill.
Mr.. Platt of Connecticut called atten
ton to the fact that the countervailins
duty had already been stricken out O
the paragraph alluded to.
"Then my remarks are intended for thu
section in which that duty appears, - re
marked Mr.. Gallery smiling. 'I'll with
draw the amendment and let the speecl
stand"
Mr. Tipdcav moved to D1aca q tav n,