The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-02-22
4 SPIRIT RAMPANT.
| p.r'sg Grover c'eve-
nv ~ Second Term
Isl s1oRsY SINCE JACKSON

-. roth in Thi" co""-
:. ). e,lsf occurrences
r.,,uary i3.-(correspond-
a''r'e s,re. .pemocrat')--in the II, . III,
1 % .,,,s or a Hallam Will tell
q ~ American people, and not
81 . ..,,ns chapter of that ms
~ -. ,se narrative of the political
VI ! '.,,,, Of the second admln's'ra-
~ a' WI Cleveland as president OF
O s,,,e. This country as yet
lisS more stormy administration
ima !, ueace--since that OF jack
y u'N IN puchanan's time the scene
tu Vs., IN, there was single string
a'''- then. Party spirit was as
" w. cents time. but there was only
i. not only party spirit hut
= h ~ ,, !, as pronounced as was
~, charleston in lSto. .,,s
Ne n,ish Is paramount ia our poll
e. s.,,u Affairs or domestic ppi,c,e .s i.
fa. Y. Monroe doctrine has become
ny y, as The tariff question, and
rslDsa' rrnblem scarce prccedes the
s ,srsral arbitration Of in'e mai
indeed 1t some times seems as
y 4, world has lived longer since
Y ~ :, selastopcl than II had lived
NJ s,N Al Hastings to the jieid or
IN ,.l,riur is an attempt at a review
q All X the chief events OF a legiSld-
illustrative and social nature ,hat
i...S The attention of the American
/ me March 4, 1897
,yrr REVENUE AND TAXATION.
"a President Cleveland convened
~ IN extraordinary session August
/. ussssre to the two houses was
"a ia ne subject. the currency or
I, Ne strenuously recommended the
y n, purchasing clause q the act
\, n. 1900, known as the Sherman
~ under the terms Of which the
~ vs. required 10 purchase 1000, :
~, n silver bullion every month,
!, n market price the cor. and is
h psynent thereof treasury notes
United States.
IA 10 hat effect was promptly re-
and provoked almost acrimonious
I, IN Inc house Of repre- entatives.
l,rorats In congress were torn by
and the republicans were no.
Under The operations OF Gapecial
rpcrted from the committee OH
M house passed the bill, and 1t
10 NE senate for concurrence. In
rtf kdy II was debated for weeks,
Y Which time many proposals Of COM
= we're made, and all rejected. and
Ekf the president had the satisia3-
Approving bill embodying his sue-
Ia Il was the first and the last time
N Ad that satisfaction during his
n. snure where the legislation in
h political issue Of financial ma
IN veks later congress met In reg
lsfn The ways and means COM
h tst wporied the tariff legislation
IN IN b wilson bill. After one of tho
kiaM. debates In the annals Of
M d MEASURE, amended by the in
ta 4 the income YAK feature.
Az house early in February. 1885,.
4kufiyely debated In the senate
nzl amended Finally. In Au-
hNS 1t became law without
zsz the executive. 1t satisfied
fah'rinaire nor the opportunist.
- ~ real friend Before it vas
N supreme court decided the
y 'utare unconstitutional. and SO
~ ras deprived Of large revenue
Aas deri'e front that source.
iHE BOND SALES.
y y fund Of gold in the treasury,
n ihe redemption of the United
Ms Tell below the SloO. 900 COO
y The treasury issued $50. 900 600
'kr cent bonds, dated February
MI realized to the eovernnopt
N sold In November follow
q ssue OF like amount OF the
bonds was made, Which real
y w, naaury SSS,53s, 500 In gold. In
I., ~, the redemption fund was
ss'ed, and the administration
,anlied TO replenish the gold re-
NV. wmM end a contract was made
49, o. bankers under the terms
'sNvev ounces Of gold coin were
1, ~, ~ LOT which United tGtes A
ul,y'year bonds were paid
nv. nc s,,in OF sS9 .3l5. 100.
NY. congress has rarely pre-
ktpr ~ dramatic scene that when
ssnsa me president announcing
=, Az u ihtsrisl could be saved
~ conds read gold" .as read
) ma ne Proposition was scorn-
- ~ IVY, y sloo.ooo.oOO Of 4 per cent
ssrpliooss was made ihr3us h pop
vi ,ma invited in January iSeG
~ ~Ouht Of bonds issued sinc ,
me ,n ,or me protection of the
Y ,n,su eun's to S26? ,3l5, 400. for
' received $3.50, i54 ESQ. "a
GREsS. N 0oN-
~ 4. :, mt' In regular session in
Ant,,. 'N' elections had resulted in
~. victory for the rsnub. b.
~ .s''a was busy in the as vno
u both the senate and the
Standardization could a't sc,r rn.
VI lss q supporters in the ,wo
tnrtnes NV salts We're assai 81
'su,3fus,,,an Unprecedented IN dcba @
IN deel,,ssn was the issue. ma
; y 4 s.,ss that as long as tho gold I'D
siiss'sH ea,,, was adhersd to the tha
Wi n ,, ire sale of toad5
~ uenty u ! interest 10 do 81,
atlhs o,l,sa.,uoii1ans, Will n I
81 de,jsrsSy Of The see,e aIy OF
~ s,ity Nv W mat 1t was rendere
III h, y ,neascn OF the lat Il : al
I'm, To- meet n he p e',rr Cd SUI
! = / s'ssss'l lSsH l., vile TO ID