Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-03-24
It impossible to get money for these I'M
provements." daughter ana appiaNs0'
MR.. sWANSON'S VIEWS.

It impossible to get money for these I'M
provements." daughter ana appiause'
MIR. sWANsON's VIEWS.
MIR. Swanson DemocraO. OF Virginia,
a member of the Ways and Means Com
mittee. referred to the great polltical
revolutions which have occurred IN TINS
country for the last twelve years az
every national election. He claimed that
IL did not indicate any hckieness on the
part of the people, but an honest enort
on their mart 10 obtain the prosperity
so often promised. The pending bill. by
its title. claimed that the present distress
arose. first from an insufciency OF reve-
nue.. and second, from the want OF pro-
lection for American products ana INDUS
tries. He argued that each OF these
causes assigned was untenabie. Inc
nresent distress could not arise from any
lack OF money In the Treasury, since the
government has nearly hye times as
much money al It had az the time the
Republicans turned II over 10 the Demo-
Gratis. He argued that IL did not AFFECT
tho solvencv OF the Treasury whether
the money in IL was procured By taxation
ar bv the sale Of bonds; the only
object of revenue was to meet the debts
Of or the demands against the govern
uent and he claimed that there was,
and would be for the next four years,
ample money in the Treasury FOR this
purpose.
featuring industries ne said, had not re-
suited from foreign competition, but the
home manufacturer had lost his market
because his customers were too poor 10
make purchases. Therefore, relief could
not come TO the manufacturer until the
III a
and other products should be Increased.
The low price Of these products he as
cribed TO the appreciation OF gold, which
would continue so long as silver was de-
monetized.
THE SUGAR SCHEDULE.
He discussed the sugar schedule OF the
bill and stated that the American Sugar
Trust. under this bill, would have more
complete control of the American market
for sugar than II has ever had.
Mr. Swanson claimed that the pro-
visions Of the bill would make it possi-
BILE for the reorganization of the steel
pool. which was recently broken. The
present tariff imposed about IS a ton on
steel. Steel rails fell from 81 TO SIS per
ton when the pool dissolved. He said
Carnegie was able to make profit of s.
per ton at the price Of So. and he added
that nothing showed more completely
the iniquity Of the tariff taxes than the
story of this steel pool
He pointed out in detail how the seve-
raj schedules Of the Dingley bill had been
prepared absolutely by the protected in
dustries. seeking to tax the American
people. The bill proposed to collect about
one fourth of all the customs duties from
the woollen clothing of the people.
The rates Of duty, he said were on an
average II per cent higher than those Of
the Wilson bill, and per cent higher
than those of the Mckinley bill. In
brief. It was the most exOrbitant. the
most prohibitory, and the most inquitious
tariff bill ever sought 10 be enacted in
this country.
The Senate Joint resolution appropri-
ating $1,000 to enable 1.-The Secretary of
War to purchase tents'for the hOuseless
victims Of the Mississippi river flood was
agreed to-
At o'clock a recess was taken until
$40 O'Clock
EVENING SESSION.
The first address Of the evening session
was that Of blr. Howard POpulisO, Of Ala
bama. lie said he would vote for the
bill, because he believed in the broad,
patriotic principle of protection TO Amer
lean industry.
Mr.. Adamson DEMOCRACY. OF Georgia,
followed in opposition to the BILL speak
ing "as one of the 6.500OO alleged An
archists who voted last fall for honest
money, honest taxation, and honest gov
eminent"
lie said the proceedings Of this Con-
gress afforded much interest, if but lit
tie satisfaction"
THE novel method Of legslating en-
tirely by machinery, unless its results
happily disappoint our expectations will
demand the insertion Of a new plank in
our next platform. to denounce legisla-
ton by machinery, as weA as govern
ment by injunction"
Mr.. Kelly PopulisO, o. South Dakota,
denounced the bill as "a specimen Of rob
berry" protection.
The last speech was by Mr.. Clardy
DemocraO, Of Kentucky, who devoted
himself to the exposition of an amend
ment he proposed TO offer to the BILL by
which American lumber could be adj
mitted TO foreign countries. whence it is
now debarred.
At 1920 the committee rose, and the
House adjourned until tomorrow.