Evening star. [volume] (Washington, D.C.) 1854-1972, 1897-12-03


mental or practical interest in silver than
those ss Of New little
SILVER w Mass
of them have become strongly impressed
VIII t ibey 'c eaa be conx,nes s t,.t ,.n.,n
currency issued upon). commercial assets
with sufficient gold re5srye, with authority
for the banks to establish branches. would
| change. large PROFESSION would be en-
tirely satisfied. I believe such a currency
! is exactly what the sgItb needs, and that
it would extend credfh5f manner that
the national bankings A9L and would af
| ford the convenient medium of exchange
| OF which our people so much feel the need.
| There is no reason why ;strong southern
support should not be- given to proper
banking plan, even so moderate measure
| as Secretary Gage intends to propose, ii
| the subject is properly presented and thor
| oughly discussed. While currency reform
Is of great Importance TO the business men
| or the north and east, in order to prevent
distrust and business paralysis it is of per
| haps greater Importance in the south he
cause of the lack there Of a proper means
CT doing business -,
The. people of Louisiana. especially ought
stantially restore their system of BANKING
existing at the outbreak of the war. That
! system to be perfect only requires in add.
| ton banks of smaller capital. such as Sec
Tetary Gage proposes, or branch banks
located in the country districts, to the end
that each locality could enjoy the rtiliza-
| ton of all it's credits and a safe and s,Iffi
cient currency convertible into gold on de-
n.and." " "
| Systematic Expenditure Needed.
Representative Roswell P Bishop of tho
| ninth district of Michigan has come down
from his home in Ludiasten anu will live
at H. street northeast. AS one of the
ne" members 2f the rivers and harbors
committee. he will have 10 helm face
good deal of hard work during the session
IN view of the administrators desire to
cut down river and harbor and all other an
preparations. Mr.. Bishop agrees that
| economy is good thing but is not willing
| to carry 1T too far. 1.-The continuous con-
tracts for river and harbor work should
not DE allowed to walt for appropriations
he said. There is one harbor in nv dis
.rict upon which upward Of 100000 has
been spent, and yet I will guarantee 10
take 100000 in cash and do more than has
been done upon it. Some years only $1,000
or so would be appropriated to carry on
the contract, and then again for several
years no money would be available at all.
The result has been an extravagant waste
the weather beating down the improve
| ments already made during these long
contracts which have been authorized, but
on which no work has been started. cali
safely be left until the revenues are heav-
Ter. OF this class is the proposed s2,9O0.OOO
breakwater a San Pedro, Cal, about which
he have heard so much"
Upon Cuba Mr.. Bishop also has decided
views. I'm my opinion" he says 1.-The peo-
pie of the country do not feel so much like
urging Congress to action they did
year or less ago. They see a CLEAN of
prosperity ahead. and in view of the hard
| times We have passed through they are not
anxious to have us do something inconsid-
crate enough to bring the country into
trouble I also think the leaders in the
House will be willing to wait to see how
things develop in Cuba, having full conf
dence that the President. will recommend
the proper action whenever the situation
demands it. AS for my itfdividuai desires.
l do not believe in being fash in the mat
ter. l do not want to. .hit-plve the country
| in war. / do not believe I'VE will need TO.
But 1 do say that when tho necessity really
faces US twill go as fay the next man
| for the cause Of liberty, and humanity" Az"
- Expects "a Bankruptcy Law.
Senator Gear of Iowa said today that he
did not anticipate much general legislation
by Congress daring the coming session
| There lis no doubt that >the bankruIIcy
hill will pass the House,. he said. This
| meas ure providing for voluntary bankrupt
oy will probably be APPENDED. however, so
as to provide for both voluntary and In
voluntary bankruptcy y, 90,
do you think Congress will act on Gu
| bag hs5E asked: = ~ 49,; - .4h)
Il do not believe tflpt either the Senate
or House will take any action on Cuba.
The Morgan resolution providing for the
granting of belligerent rights will probably
come before the House, but there is every
prospect that it will be defeated / believe
that the granting of belligerent rights is a
prerogative of the President and should not
be interfered with by Congress-
What will be done with regard to re-
vision of the currency?"
while the situation demands some revi-
sion of the currency laws, the outlook for
passage Of bill is not encouraging. Some
measure may pass the House. but the COM
position of the Senate precludes any action
there. One of the first bills to be passed
will probably be the immigration bill, which,
by educational test. will restrict entrance
of foreigners The Senate will also probably
pass my bill providing for the settlement
of the Pacific railroad debts by the Secre-
ares of Treasury, Interior and Attorney
General, subject to approval of the Presi-
dent
"Busy and BusinesSlikc.'
Representative Northway of Ohio says he
thinks this will be a busy and business
like session. The committees have not yet
considered any Of the many pending meas
ureS, the assignments not having been
made until just before the adjournment of
the special session. Therefore it will nee
essarily, he says, be some time before the
House can get down to work, but when the
committees are ready to report their vari-
Gus propositions the House will proceed
rapidly enough with it's work, and Congress
ought to be able to adjourn by the first
part of June.
He says he thinks it likely that a bank
| ruptcy bill will be passed and that great
many bills not of general Importance will
be disposed of. The annexation of Hawaii.
he says, he thinks will be completed with
reasonable promptness.
AS to Cuba, much will depend upon de-
velopments with respect to the policy of
the new Spanish ministry. The autonomy
proposition and the general policy of Spain
in Cuba will have to be better understood
before the course of Congress can be deter
mined If Spain is acting in perfect good
faith and will do the right thing, he says,
the sentiment in the House will be more
conservative than it was, but if it is round
that Spain is simply trying to fool us, the
very instant that fact is developed Con-
gress will act. If it becomes apparent that
in 10 Gin rbtf<,