The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-05-26

majority Of the members OF the coumi,
tee. We have no pride Of opinion o
authorship in regard to any Of the pro
visions reported We have Siyen care
ful consideration Of the numerous i'm
portant questions involved in the var
| fous schedules. We present TO the sen
ate tne result Of our labors, and shal
/ cneerfuiiy accept your Judgment as |,
| the wisdom OF our conclusions"
Mr.. Aldrich closed az $40 D. m, hav-
| ing spoken a little over an hour
Mr. Pettigrew presented the amend
menr, OF which he has hitherto given
notice. that when articles are manufac-
tured by trust. articles OF such char
acter imported from abroad shah be free
OF duty. He said he would ask its con-
sideration Immediately after the COM
mittee amendments.
MR. VEST SPEAKS.
Mr. Vest. Democratic MEMBER OF the
nnance committee, was then recognized.
We know, he said, the desperate
condition OF the country, the ruined
homes. the blasted hearts IL prosperity
can come from any source, even from
our adversarieS, We Will bless the move
ment- do not believe that the fnpo-
sition OF higher tariff duties will dfspei
the clouds hanging over US. bringing
back the sunshine and Illuminating the
whole country"
1t had been said, Mr.. Vest proceeded.
that adversely came with the advent OF
the Democratic party, and prosperity
with the Republican party. But lha,
adversely did not come with the advent
OF the Democratic party. Mr.. Vest said
ne would summon az a witness no less
an authority than Mr.. William McKin-
ley. The senator read from a report
made by Mr.. Mckinley on April l, 1890.
setting forth the distress which the far
mers OF the country were suffering. How
was II expected. the senator asked. that
by increasing the burden Of tariff taxes
me farmers would be helped TO buy
goods All agreed that there must be
sufficient revenue TO meet the require
men1s OF the government. that the gov
ernment's credit should be sustained ana
her flag honored. But every dollar col
lected by The government beyond its
needs was crime.
Why was il, Mr.. Vest asked, that the
Republican party was about 10 abandon
its record and urge a tariff. not for pro-
lection, but for the amount Of the reve-
nue. it will produce. Why does II aban-
don it's record and propose tax on Tea?
The senator said that there was at this
time an available balance in The trea-
sury Of $229. $50, $50 Deducting the gold
reserve Of $100 o00, 900. The available ball
ance was $12e, 800, $50. This vas, amount
Of idle money was not accumulated in
the treasury. And yet, the senate was
told that IL must impose on our suffering
people additional taxes. When Presi-
dent Harrison turned over the govern-
ment TO President Cleveland, the trea-
sury balance stood at S24.12S,0S Today
harthere was sos, 100000 more than
when Mr.. Harrison turned over the gov
ernmer: to Mr.. Cleveland. How could
.nis OBVIOUS fac. be avoided?
Governor Dingley admitted 1t, Mr..
Yes. said, ard tried 10 explain II on the
ground th,t subsidiary coin and certain
deficits were included in this present
treasury 5o'anIe. But with these items
(a5out s3G00e, eeo) out. there remained
abeu; so, oG9, 900 available for the uses of
the government To overcome this. Gov
ernor Dingiey said, we ought 20 increase
the gold reserve to $50, 009,090 Even
il there was deficit % sixty-flvs mill
lions this year--which Mr.. Vest did not
a@mit--yet there was ample in the trea-
sury to meet that deficit. Why, then.
should We hurry TO put more taxes on
the people. when every dollar unneces-
sari'y boarded by the government is
crime agains: the people. Mr.. Vest said
Il vas most unfortunate that the Repub-
Hcan side had offered no estimate OF rev.
enueu ntil today. Inquiry had been
made OF Statis:ician Ford as 10 the
promised comparative statement, and he
had stated that it was turned over TO
the senator from Rhode Island (Ald-
rich)
Mr.. Vest asked what the estimate Of
Mr. Ford was on the bill.
Mr.. Aldrich replied that me s;atisician
stated that, in his opinion. neither the
house nor the senate bill would furnish
sufficient 10 meet the expenses Of tie
government.
Mr. Vest, proceeding. declared that
the proposition 10 raise $31. 100000 OF
revenue by a tax on tea and increasing
Internal revenue was a naked and bold
abandonment of the protective policy Of
the Republican party. Where was the
protecfiGn to American manufactures in
these takes. ne said
The senator said that the greatest suf-
fering ir. the country was felt in the
agricultural states. With abundant
hsrvests the people were without money
end were appealing 10 congress for relief.
Mr.. Chandler interrupted with an in
quiry as 20 where the vast accumuls-
ton in the treasury which Mr. Vest al
luded 20 came from.
Does the senator mean mat the VIII
son bin pu, IL there: and. IL not. how did
il ger there?'' asked Mr. Chandler.
I'VE all know" answered Mr.. Vest.
".nat !. came from the sale Of bonds,
which I did TO; approve. but II makes
I'd difference where X came from There
II IS in the treasury. and what right have
sR1 ~ fsSa'4-I -44t AdA'c ga Ns4t PNCA--
w1en enough il n the treasury al
ready.
Tie senator declared that TIE urgest
need vas not for greater taxes. but FOR
Eore .norey and better prices.
TIE fall IL prices mrst be stayed De-
fore there could be any prosperity He
mentioned a. one source of EVIL. that Our
--a-e r,.f5 - q 111H hzsfz zr1
tame into competition wi;a hose paid
d.. a silver basis.
THE senator from Nevada tSssgaTtJ
usually makes argument" interposed Ar.
Sal,inger % New Hampshire. He has
ssssd j. Usually OF Japan's uss % ST.
Yer ara rnr Ianan has ra7sfif ed e."