The herald., 1897-03-28
SLOWER'N
MOLASSES
CONTINUED from Page one.)

| OcAhOCkal WHO WILL NOlS IOT lHc laiiAA
bill, said today as to his course: my
position is this: The policy of largely
supporting the government by indirect
| taxation will not be abandoned. While
| it is to be continued, 1 can see no good
reason why the people of my district
should not share in the advantages of
it's assessment. l believe in a revenue
tariff levied without discrimination, as
suggested in the national Democratic
platform. The people of my district
were greatly outraged by the free raw
material policy of the Cleveland admin
istration. They regarded it as legisla-
against the producer. Its blighting effect
was felt throughout the district. In
1894 the assessors in Texas collected
taxes upon 1851, 900 sheep; in 1896 upon
2. .140,SS9. If this ratio of decrease is con-
tinued we will apparently soon be COM
PEELED to buy all our wooden clothes
abroad, and in the event of war and
blockaded ports our condition might be-
come really deplorable.
THE district convention upon the plat
form Of which I made my race for con-
gress, demanded tariff upon imported
cattle, hides and wool. / promised the
people Of the district that If they elected
me l would vote for free silver and
against free wool and hides, and shall
cast both votes when the opportunity
presents itself"
A CURRENCY SCHEME.
WASHINGTON, March 27.-Repre-
sentative Walker of Massachusetts, to-
day introduced two bills relating to
banking and currency, entitled respec-
lively: ITO modify the rational bank
ing laws so as to provide the people with
a safe. ample. elastic and cheap curren-
cy," and ITO call in fractional paper
money now injuring the prosperity of the
country"
The first bill provides that hereafter
no national bank shall be required to de-
posit bonds to secure circulation, and
circulating notes are to be issued up to
the amount of the unimpaired capital
of the bank. The same reserve Is re-
quired for the circulating notes as for
individual deposits. The cash shall be
in specie, and at least one-half of 1t in
gold The specie shall be paid on de-
mand, under penalty of "a per cent in
terest as damages during the time of re-
fusal so to pay. The other bill provides
for the issue of $3.50, ooo. 900 of bonds un-
der the act Of January 10, 1875. running
from two to ten years and drawing ~
per cent interest. The proceeds are to
be used in redeeming and carceling |
United States legal tender |
notes, treasury notes and SILVER GER |
The biM further authorizes the |
sale of silver bullion and silver dollars |
in the treasury at the market value |
whenever such silver dollars cannot be |
kept in circula tton as money. The pro- |
,eeds of the sale of silver shall reduce |
the issue Of bonds to that extent
CAPITAL CITY NOTES.
WASHINGTON. March 277.-President |
Mckinley attended the dinner of the |
Gridiron club. which was given tonight |
In honor of the president and his cab
several senators and representatives |
were among the guests Mr.. Mckinley |
met not only many public men with |
whom he was acquainted, but nearly all |
the members Of the club were his per- |
sonal friends when he was in congress.
The dinner was conducted on the usual |
Gridiron style. bright speeches. good |
songs. roliicking choruses and sparkling |
wit.
Additional applications for appoint
ments to presidential offices under the
treasury department have been filed as
follows: H. o. Davis. as assayer Of the
mint at San Francisco; J. B. Gamble, as
collector of customs at Sitka, Alaska.
Representative Shafroth of Colorado
today introduced a bill to permit the
location of mining claims ON forest re-
serves.
President Mckinley was visited today
by committee Of the Academy of Forty
composed of Ruth G. Havens, Sarah
Spencer, Emma M. Gillett Helen r.
Holmes and Mary Durham. who sought
to secure a modification in the civil SER
vice rules SO as to prevent discrimination
against women in certification by the
commissioner to the appointing author
tiles. Thep resident promised to give
the petition his personal attention.