The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-12-05


non Alludes to the Free Silver
Battle OF 1900.
New York, Dec. 4.-"What, in your
opinion, is the prospect of bankruptcy
legislation at the coming session of
congress?" asked correspondent Of
the Tribune in Washington last night
OF General Henderson Of Iowa, who is
chairman OF the house committee on
judiciary
"On Monday I propose to introduce a
bankruptcy bill which win be substan-
tally identical with the one pressed by
the house Of representatives in the last
congress. There has also been referred
to this committee the bill passed by
the senate at the special session. There
VIII be a meeting OF the committee
early n the week and we viii exchange
views on the subject and see what
prospect there is OF favorable commit
tee action Then q subcommittee VIII
take the matter uD and frame a meas
ure. either q substitute for the senate
bill. cir taking that as Il basis, propose
amendments TO It.
PRESSURE IN FAVOR.
do you think there is a strong pub
lie demand for such leSislaUon?' asked
the correspondent.
Yes, I do, and I believe there viii
be a strong pressure brought TO bear
in favor cf it. Such legislation, prop
ely framed and guarded, is required
in the opinion of a great many people
besides myself, and all for the same
reason.
During the hard times OF the last
administration thousands of men went
TO the wall and their energies We're
bottled UP, who, if they could find legal
release from the chains which now
bind them. would again and immedi-
ately resume the activities OF q business
l1c and add immensely to the leverage
in favor OF general business prosper
ity. They would be able to share in
the benefits Of the tariff legislation OF
last summer, and the country would
be all the better Tor il.
RES STANCE AGAINST.
And yet" continued General Hen
Gcrspn, strong resistance viii I'M
douotedly be offered. to the enactment
OF such legislation. and no man ought
now to attempt to predict what the
outcome may he, SO far as the coming
session is concerned. The most 1 dare
say is thai my hope is strong"
Representative Mercer of Nebraska,
who is chairman OF the house commit
tee on public buildings and grounds,
agrees with General Henderson as to
the desirabiity CT bankruptcy legis-
ladon. In conversation with a Tri-
bune correspondent Mr.. Mercer said:
NECESSARY LAW.
II IS absolutely necessary, in my
opinion, that bankruptcy law should
DE enacted at the coming session We
have thousands Of men II Nebraska
Who we're damaged by the hard times
WIo win never be able to regain their
feet, financially speaking, until such
law is passed If they We're released
from the burden Of Indebtedness which
continues TO hold them down, they
would At once engage in the activities
OF business, and not only be SharerS in,
but contributors 70 The prosperity
which the Dingley law Is restoring to
the country not only by the direct ad-
vantages il is giving to American home
industries. but by the hope and conf
dencc il has inspired throughout the
country. a good bankruptcy law would
be fairly supplementary to the new
tarin. because it would add to the in
lueGces at work in behalf Of the ma
tiopal prosperity
CHAIRMAN CANNON.
Chairman Cannon, of the house ap-
preparations committee, was found in
his committee room. In reply to
: JCstion as to whether the people in his
part Of the country are in favor of
bankruptcy legislation at the coming
session, Mr.. Cannon said
X not in the country districts.
There is considerable feeling in favor
of it in Chicago and also considerable
70 7 t.
perhaps be a good thing to have a vol
untary bankruptcy law, to expire by
limitation six months after its enact
ment''
What do you think of the prospect
OF currency legislatiOn?" asked the cor
respondent.
FREE SILVER BATTLE.
"Oh, what's the use of talking about
that in the face OF the condition Of af-
fairs in the senate? Why, if the house
should pass a currency bill, the senate
would probably strike out everything
after the enacting clause and send us
a free coinage bin. What's the matter
with the currency, anyhow, if we can
collect revenue enough TO pay the cur
rent expenses OF the government and
have q little left? SO far as the re-
tirement Of the greenbacl1s is concern
cd. l do not believe that q bill contain
ing such q passage could pass the house
of representatives. Then why not let
well enough alone? We've got to fight
the free silver battle over again in
1900, and we had better prepare for
it"
What about appropriations" Chair
man Cannon was asked.
KEEP OUT BRENTWOOD.
''Well, If we keep the driftwood out
of the appropriations, I guess we
should manage to get along. but ! do
not see how great reductions can be
made. We cannot cut down the appro-
priations for pensions. As the country
grows in population. the cost of the
postal service naturally and .ecessar-
jIy increases. The expenses Of the
military and naval establishments can
not be very well reduced We will be
obliged to pay $20000, coo : year for the
next two years or contracts already /
made for river and harbor improve
me2ts, and so on. The fact is. the
country is growing. and for that simple
reason the multifarious expenses of ]
the government are also growing. That !
is all there is to it.
Holiday Mufiers.
Advance sale on silk mufflers; ST.
nuffier 75c; $l.50 muller, $10n.
p x THOMAS DRY GOOnc 90