The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1898-06-03
PERMANENT REVENUE.
The So Called War Measure
a New Feature Of Re-
publican Policy.
TELLER BURSTS A BUBBLE.
Dingleyism a Demonstrated
Failure---Cost Of the Wan
Expenses Of Our
Great Future.

a
assa nneds during June ana July and appro-
priating $4,000 for the necessary expense
was passed by the Senate at the opening
of today's session.
The Senate concurred in the House
amendment to the bill removing all disa-
bilities imposed by the fourteenth amend
ment to the constitution.
Consideration of the War Revenue
of morning business.
In the course of a brief coloquy con-
cerning the priority~ef amendments yet to
be considered, Mr.. Jones (Dem., Ark.) ex-
pressed the opinion that all the revenue
features of the bill ought to be COM
pleted and passed upon before the bond
provision was passed upon, because the
amount of revenue raised might have
great weight in the determination OF
some pending amendments. He was
satisfied, he said,s that the bond pro-
vision would .be incorporated in the bill,
but held that the Sena tors ought to know
what the bill would raise approximately
before being called upon to vote on the
bond question.
Mr. Hale (Rep.. Me.) inquired whether
Mr.. Jones thought the small amount COM
paratively which would be raised by the
pending revenue amendments would be
sufficient. 81 have no doubt" he con-
tinued, that if this war last a year 1t
will cost the government between $700, ,000,-
900 and $500, 900. That is my prediction
and put myself on record to that eff
fect.'
Mr.. Jones said that. so much money
might be spent, but he did not think so.
He was satisfied at all events that an
issue of bonds was unnecessary. do
not believe said he, that the war will
last one year, six months or anything like
that time And the cost will certainly be
much less than stated by the Senator
.(Mr. Hale) The Secretaries of War and
the Navy each made an estimate of the
expense for one year, and their aggre-
gate estimates were only about half the
estimates of the Senator from Maine
Mr. Hale pointed out that no war was
SO expensive as an expeditionary war;
He said he had examined all the esti-
mates made upon the expenses of the war
and he was satisfied they would reach
certainly $7000oo,o00.
Mr. Teller (Silver Rep.,a Cob reviewed
tariff legislation during the past ten
years and then said it was evident that
this bill was not to be a temporary meas
ure 1t was to all intents and purposes to
be a permanent law. The expenses of the
war would be large, but they would not
end with the close of the war. The United
States, he said, proposed to have great
navy, commensurate with the dignity and
development of our country, and in addi-
tion all the cities along the Atlantic
and Pacific coasts had right to demand
protection from foreign invasion. The
expenses of the Government were great
now. but they were certain to be greater
at the close of the war. 'It is the duty of
the Senate,'' said he ''to take sufficient
time for the consideration of the pending
bill to determine how much money it will
raise i do not want to vote upon the bill
until we know what it will produce lin
revenue. The Government will not be
hampered in any way if this bin does not
pass for ten days. or until July 1st."
Mr.. Aldrich said that careful estimates
had been made of the revenue producing
qualities of the bill and he was satisfied
the amount would be between $3.50 000, 600
and 5000 900, 0C0, certainly not in excess of
the latter sum.
The expense of the war would not be
less, he said, than $500, ,000. 600, and he be-
lieved they would far exceed that sum.
Mr.. Hale interrupted Mr.. Aldrich to
say that the expenses of the war thus lar
had been quite $3O0,o0O,0OO. The general
deficiency bill would carry more than
$50 100000 of war expenses already in
Cured
Mr.. Allison, in charge of the bill, said
he had made as careful an estimate of
the revenue producing qualities of the
bill as was possible Estimates had been
made also of the expenses of the war.
Without including the last 1900 Of volun-
teers called for the estimate made was
that the war expenses for the first year
would be at least 1870 O,000. He re-
garded an addition of $75.000000 for the
additional volunteers as entirely reason
able.
Mr.. Aldrich then proceeded with his
statement maintaining that while 1t was
impossible to make accurate figures upon
the producing qualities of the bill the
committee had made the closest possible
estimates.
In a colloquy between Mr.. Aldrich and
Mr.. Allen (Pop.. Neb.), the former said:--
Il never have agreed with the Senator
from Nebraska upon any matter concern
ing the Treasury, and if stayed here a
hundred years believe never should
agree with him."
THAT indicates to me-" said Mr.. Allen,
ethat am quite right"
Mr.. Teller insisted that It WIS evident
the committee did not propose to make
an estimate because its desire was TO
keep the Senate, and the country in the
dark.
Mr.. Morgan (Dem.. Ala-), said the com
mittee knew it had the power to force an
issue Of interest bearing obligations and
it simply proposed to exercise that power.
Mr.. Platt (Rep., Conn., made brief
argument in support of the position taken
by the Republican minority of the Com
nittee.
Mr.. Morrill, (Rep.. yt). the venerable
chairman of the Finance Committee, de-
livered a short speech TN opposition to
sstfe propositions that come to us from
the Populist side of the Senate to issue
greehbacks and coin the seigniorage." "
This scheme. he said, was being helped
along by some Of our naughty boys He
then made brief argument against the
coinage Of the sedgniorage. concluding by
sayinE that df bimetallism should ever be