The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-05-05
BOND ISSUE IS OPPOSED
DEMOCRATIC SENATORS FIRM
LY AGAINST THE PROJECT
Whole Day Devoted to the Nott
the Finance Committee With Nh
very Definite ResuIt-Gepe-aJ
Deficiency Bill VIII Carrv O,ar
One Hundred Millions, According
to the Present Estimates.

WASHINGTON, May 4.-The senate
committee on finance, which was in
session the greater part Of the day. de-
Voted itself principally to a discussion
Vi tne pond provision OF the war rev.
enue Dill. The Democrats commended
that the feature could and should be
dispensed with, while the Republicans
ileld that bond issue was necessary
10 carry on the WAR
Inc democrats informally suggested
various means of securing money
Wnlcn, they argued, would be more ac-
o o1 IMAM bonds, but did not offer
any FORMAL substitute The Republi-
cans ala not manifest a disposition to
accept substitute of any character.
out lnolcated purpose Of holding OUT
Ior the bonds substantially as provid-
ed by the house.
Inc democrats will formally suggest
some substitute proposition within a
day or two. Whether their Man will
succeed IN committee will depend upon
the vote OF Senator Jones, of Nevada
VINO holds the balance of power. The
democrats feel confident that thew will
nave his vote, but the Republicans do
not concede this. They say, however.
mat II the bond provision Is stricken
out IN committee it will be restored in
H fhe senate ard they appeal to the
democrats to allow the bill to be re-
ported without its elimination on the
ground that it affords the only feasible
means Of raising immediate funds for
the prosecution of the war;
Inc members Of the committee do not
expect to conclude their work before
the end Of the week.
1t Is expected that the extraordinary
expenditures for the army and navy
on account of the war for the first six
months of the coming fiscal year will
make the general deficiency appropria-
tion bill now being held in the house
committee on appropriation reach an
aggregate Of about $12O. ,OOO
This is the rough calculation of
chairman Cannon, of the house COM
m1ttee on appropriations, and others of
that committee, assuming that all these
expenditures will be provided for in a
single deficiency bill instead of earlier
separate bills. The amount is depend
emit upon the prosecution of the war.
The general deficiency bill has been
in readiness for report from the COM
mlttee TO the house for several days,
and now will not be reported until just
before the adjournment of congress.
which many of the leaders of the house.
including Chairman Dingley. of the
ways and means committee, and Chair
man Cannon, of the appropriations
COMMITTEES, believe will be reached
about the middle Of next month. Be-
tween now and then the war depart
ment will submit its war estimates for
the first part of the next fiscal year,
covering expenditures to be made until
month after congress reconvenes.
On the basis of rough reckoning of
the needs Of the service and in the
light of the present situation, some
thing over $80.000,000 is expected to be
asked for the army, principally for pay,
subsistence, transportation, ETC., and
the estimates for the extraordinary ex-
penditures for the half year, together
with other estimates that may supple
merit the s14,00O,0O0 already in, is ex-
pected to make up that total
The secretary Of the navy sent to the
senate deficiency estimate of $40, 975,-
500 for the remainder Of the present
fiscal year, and on. account of the fiscal
wear 1885, -f