Omaha daily bee., 1897-07-20

aRdin 10 pay on the principal OF the pubic
debt. which had been increased by the late
administration In conclusion Mr. Dingley
received round after round OF applause from
his republican colleagues by predicting as
Tesult Of the enactment OF this bill a rise
Of prices and restoration of pro lperity
OPPOSITION OPENS UP.
Mr.. Wheeler. democrat of Alabama opened
the debate for the democrats, crticising the
bill as the most vicious and burdensone
ever imposed on the American people. In
particular he discussed the serious effect OF
the measure on the laboing and agricultural
classes. Mr.. Wheeler referred to the advance
on sugar stock in the New York market to-
Gay ana said this was the clearest evidence of
the benefits conferred on the Sugar trust.
Mr.. Swanson. democrat Of Virginia a
member OF the ways and means committee
to whom Mr. Wheeler yielded a portion of
his time, devoted his attention to assailing
the sugar schedule agreed upon by the con-
ferees. He asserted that the proposed sched-
ulc gave sugar double the protection re-
ceived under the present law and it had
been loudly proclaimed. Mr.. Swanson sad
that the house conferees had won a bril-
liant victory over the senate on sugar and
he had seen in the morning papers pictures
OF the speaker OF the house with the sugar
trust crushed and bleeding under his feet
He then compared the two schedules to
show that the duty on refined sugar in the
senate schedule and the new schedule were
exactly the same and he figured cut that
the trust would receive a differential on
refined sugars of 92 degrees (the average
of sugars imported) of cents per 100
pounds more than the house schedule.
I'VE might be mistaken here continued
Mr.. Swanson. I'VE might not be able to
figure out this complicated schedule, but
there are those who make no mistake. They
are the holders of the trusts stock. They
know the effect of the intricacies OF this
schedule. When this bill was reported to
congress sugar stock was worth 500 a
share. Today 1t is worth $144. The stock
has gone up $36 a share since 1t became
evident that this house and this congress
intended to give this gratuity to the trust
democratic applause) and since the news
paper pictures have appeared portraying the
speaker with his heel on the throat of the
trust, the stock has gone up S11 share.
(Renewed democratic appause) One more
such victory over the trust as this, gentle
men, and the stock will go up to $780,
(Laughter)
Mr. Lacey, republican, of Iowa, asked Mr..
Swanson whether the trust had not made
great profits in 1894 by anticipatory i'm
portations just as the trust probably would
make great profits now. Their profits were
estimated at $15,O00.000 next year. Might
not this account for the increased value of
the stock he asked.
If the trust was to make SIS 900 900 out
of anticipatory importations Mr.. Swanson
replied it was not entitled to differential.
eve cannot prevent anticipatory importa>
tions," said Mr.. Lacey.
CAGES PLAN.
"You could do what Secretary Gage recon-
mends," replied Mr.. Swanson; "you could
place an internal revenue tax on this sugar
which has been imported. If you want to
strike blow at the trust why don't you
follow the advice of your secretary OF the
treasury"
Mr.. Swanson and Mr.. Northway, repub-
lican of Ohio, then held a brief controversy
S,,lI n hn
stocks. in which the latter contended that
sugar stocks had gone up in sympathy with
the whole market.
Mr.. Ball, democrat of Texas, who secured
few minutes time, declared that 1t was
not undemocTatic to advocate the raising Of
revenue by duties on wool, sugar lumber,
etc. but he denounced democrats who sought
protection for the industries of their sec
tions
Mr.. Kelly, populist Of North Dakota,
thought that If an antitrust amendment
had been placed in the bill its most danger
GUS fangs would have been drawn.
| Mr. Grosveuor, republican of Ohio, inter-
| rupted Mr. Kelly to say that the increase
| of the duty on lead ore was placed in the
senate By populist senators and held by the
| popuists on the conference committee Mr..
| Kelly challenged Mr.. Grosvenor to name the
| S majors.
THE two senators from Nevada" replied
Mr.. Grosvenor.
more than one populist senator at most"
said Mr.. Kelly. mo man who votes for the
Sugar trust is a populist."
! Mr.. Lewis asked Mr. Grosvenor whether
| it was not a fact that the duties on white
lead gave the Lead trust 100000 of pro-
| lection.
| II do not know and I do not care" re-
piled Mr.. Grosvenor, smiling.
| 81 knew the latter was true responded
Mr.. Lewis with his most debonaire air. The
| republican party does not care what outrage
| IL commits"
| The house then, at p. m took recess
| until p. m. under the agreement made
earlier in the day.
| EVENING SESSION.
At O'Clock. when the night session be-
| gan. the galleries were crowded. many
women being present. Mr.. Dingley stated
at the outset that he hoped TO secure q
| vote by 10 o'clock.
Mr. Bailey said 10 o'clock was too early
but he thought the vote could be taken by
! II O'Clock He would not however, make
| a definite agreement on the vote
| Thereupon Mr.. Dingley gave notice that
| he would move the previous question not
| later than II o'clock.
| In the galleries were many distinguished
| pcrsonages of both sexes. In the executive
| gallery sat Secretary of the Navy Long and
| on the floor at the side of Mr., Hit of Illi-
nois sat Attorney General McKenna, who was
| a member of the ways and means committee
| in 1890 when the Mckinley law was passed.
| Altogether it was brilliant setting for the
| close of a memorable struggle.
| Tho republicans still pursued the tactics
| they had adopted during the day session.
| None of them claimed the foo! and the
minority was compelled 10 put forward
| their speakers Therefore, after Mcdowell
| OF Ohio and Mr., Berry of Kentucky. both
| democrats, had made brief speeches, Mr..
| Bailey, the democratic leader, who had been
reservng his speech for the close, took the
| floor. He made a carefully prepared argu-
ment dealing more with the general princi-
| pies involved than with details. Time and
| again during the progress OF his remarks
| the democrats were aroused by his eloquence
| to high pitch OF enthusiasm. Just before
| the close of Mr.. Baleys remarks the most
| sensational incident of the debate oc-
| Cured. He had been assailing the doctrine
| of free raw materials as a comparative in
| novation In the democratic creed. In order
| to demonstrate that 1t was product of
| Clevelandism he sent to the clerks desk and
| had read an extract from a newspaper COM
menting ON the fact that in the Forty-ninth
/ congress Senator Mills. then a member of
| The house, Mr.. McMillln of Tennessee and
| two other democratic members of the ways
and means committee, had voted against
| FREQ wool.
Mr.. McMillln Jumped to his feet and de-
manded to know If II was charged he had
| voted against free wool
| GIVES