The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-07-08


free list hide cuttings, raw. with OF
! without hair. and other glue stock. This
| caused some conflict. Mr.. Jones (Ark. }
| opposing the change.
Thereupon Mr.. Allison withdrew the
amendment, but Mr.. Mason Q1l.,) vigor-
| ously protested against the withdrawal
II was agreed to, 30-17.
THE TREASURY RESERVE.
Mr.. Stewart, CNev.) proposed an
amendment limiting the treasury reserve
10 s100, 300, 900 and providing that when
en- excess of s5.0o0,0oo was reached then
the secretary OF the treasury shall pur-
chase and retire United States bonds to
the extent of the excess over 500. 000, 0G0
He spoke a length on the amendment,
ard against the piling up OF large sums
il the treasury. He declared that the
accumulation of a vast surplus. drawing
no interest, while bonds were outstand-
Ing, drawing interest, was "the genius
OF imbeciltty." he would not say rascal
fly.
Mr.. Vest expressed the belief that
there would be no surplus yielded by the
bill! in 1898. When protective rates were
increased imports decreased, and in de-
creasing imports you decreased the rev.
enue.
The senator said he did not see how
/. was possible to escape the conclusion
that here would be a deficiency OF from
SIS, 000, 900 to sec, 900. 600 under the bill in
1898.
The senator turned his attention TO
he 49,, Ill
trusts and submitted a table Of 100
trusts, with the tariff duties calculated
TO benefit each. Referring 70 the Sewart
amendment. Mr.. Vest said he regarded
1t as "a crime against the people Of the
United States to take money out of their
pockets and lock it up to be gazed at by
Mr.. Morgan (Ala) opposed the Stew
art amendment, on the ground that it
gave indirect recognition TO the mainte-
nance Of the gold reserve now in the
treasury.
II was a disgrace, he asserted. to main
tain this Speculative Jackpot" for spe-
culators and gold gamblers 70 run after.
Mr.. Lindsay (Ky) remarked that as
there was $3.50 900. 600 in the treasury,
the effect of the amendment would be
10 compel the secretary 10 Immediately
purchase and retire s1S9, 900. 900 Of bonds.
Mr.. Jones (Ark) expressed a cordial
and hearty support Of the amendment.
Messrs. Chiffon, Bacon, Allen and
Cannon supported the amendment, and
Messrs. Chandler, Caffery and Gray |
opposed il.
Mr.. Allison moved to lay the amend |
rent or the table. Mr.. Allison's motion |
was carried, $3.50.
LOST AMENDMENTS.
Mr.. Morgan then offered the amend |
nent, of which ne gave notice yesterday.
making combinations among dealers in |
commerce, to increase or depress the
price thereof. criminal and punishable
oy fine and imprisonment: LOST, 26-31
M. Caffery moved to strike out the
,ountervailing duty on sugar. but fin
lily withdrew il. as technically il was
,ut OF order
Mr.. Lindsay moved TO place tax on
wood alcohol equal TO half the presen:
AK on grain alcohol, but after a brief
debate the motion failed, 1884
Mr.. Alien re-ofIered his sugar boun-
Y amendment in another form. provid-
ng for a premium of so cents per ton on
iusar beets for FIVE years, beginning Ju-
y i. 1898, and it was lost. 1924.
Mr.. Chiffon (Tsxas) moved 70 place
isnnels, blankets and other grades OF
yoolen goods on the free list: lost. 1886.
Mr.. Allen moved an amendment pro-
riding that all surplus funds in the ;rea-
ury should be used for the REDEMPTION
Z the interest bearing debt; los;. 1886.
Another amendment offered by him.
irected a. trusts. providing for the i'm
'osition OF tax Of Is per cent on the
PRODUCTS OF all trusts. was also lost. o.
c.
Mr.. Alien offered another amendment,
Erecting the secretary OF the treasury
Q send annual reports 10 congress as 20
ne extent 70 which trusts and combina-
Ions produce or control articles receiv-
ng tae benefits OF the tariff; lost. 1851.
Mr.. Cray offered an amendment recit-
ng that no duty shall -ceed IS per cent
d valorem on any article except spirits.
vines and o;her beverages: lost.
M Allen offered an amendment. re-
a>-ng 70 The .re-entry and re-5ond OF
distilled spirits: lost.
TELLER'S EXPIRING KICK.
The melotony OF amendments and
oil call was broken by Mr.. Teller. who
eok the fioo- 20 state his altitude on he
III. He had intended. he said, 70 ad-
rsss the senate a some length against
as bill. bu, had coneludei sha; il was
est 70 allow ne measure 20 SO inc con-