The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-03-26

the Wilson hill. He ridiculed the state
r11ent OF the minority that IL offered no SUI
stltuse for the bill because II mad hao no
time to prepare enc. and inquired lno
Democrats expected tnsf the S'.ss
would be willing TO let them air their the
ors@S AT the cost .. a million dollars Gay.
IL they stiu raised the maximum amount
calculated by the chairman or the commit
tee IL would WELD none too mucn 70 pay
the interest and principal or the Dou"s ~
SIZED. TO resist the attempt made on the va
tons life BY the Democratic party. anu
the bonds issued 10 make good the aeicis
incurred during the last administrator.
He defended the bill against the charge
that IL fostered trusts.
"The political economy Of Adam Smith
has long since been reiegated
where it belongs he said The
Industrial w9 rid ,a, as ssen Of V9 the
factory system. II is no longer the single
farmer or the single mechanic. but the
great agrregations OF wealth necessary
to engage in vast enterprises which are
recognized by the laws OF every state"
He would not say there were not abuses
Incidental TO the system. but IN free-trade
England there were more monsrous
trusts than the United States knew any
thing about and he cited the English
steel rail- trust, and read from an En-
glish paper concerning the new eombina-
cry about trusts was an exhibition OF ig-
norance Of economic conditions.
Dalzeu was congratulated when he con-
cludei.
Steele. OF the ways and means commit
tee gave Il as his opinion that the meas
IRE was the most complete tariff bill ever
framed. not only because of the duties
imposed, but OF the superb method pro-
yiaed for collection OF those duties. While
ha 90
cattle in the present law, simpson asked
IL * was not q fact that the price or cat
Tie had increased since the reduction OF
duty.
Il, IL not a fact" replied steele.
II insist that IL Is" persisted simpson
What are known as stoekers are one
third less than few years ago.
TIawley treated the house to ar argu-
nent in favor OF protection from the
standpoint OF the Lone Star state. and
vas applauded by his colleagues
De Almond charged that the real pur-
nose az the Republicans was 70 pile up a
surplus in the treasury which could ee
used 20 lock Up greenbacks ana treasury
notes and thus so contract the currency
that the people IN desperation ~Vuia
eventually be forced 20 accept one OF their
schemes for the ACKNOWLEDGEMENT OF ma
tionai banks
"ronIs not ne surplus be used 20 pay
of sasa 900 GO Of the bonded indebtedness
Contracted BY the Democratic admins
trsti<n7' asked Milliken.
~ was not the Democratic adminisfra-
,fon - replied De Almond, 81 was an ad-
r,fnistration placed IN poweT by the Dem
ocraftc party. bat Il issued bonds IN DE-
6ance OF that party. and with the con-
nlvanre Of gentlemen. the Ike of Tnefn
are represented hy my friend from
Maine" Democratic applsuseJ
Mnliksn declared this statement lacked
.ha slightest @c4ntfilsttor OF truth. II did
not vote Cor Grover Cleveland" he de-
csared.
'sNo. but you vos@a for the bonds. yell
ed q Democratic voice.
~-~he cvfnue was not ~ ceiling fhe
bonds observed Nlliken. but n pass
tnr revenue Bills nat siaTvesi ths reVs-
rue Republican aDplauseD
White speaking % The national banking
svsfena. Arnold interrupted 30 inquire
whsthsr a national bank note was not as
good as gold.