New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-04
PROCEEDINGS OF CONGRESS.
THE REGULAR REPORT.
SENATE
r,vo IMPORTANT AMENDMENTS TO THE
WAR REVENUE BILL ADOPTED.
o THE


WAR REVENUE BILL ADOPTED.
,yo.,,,g,on. June "A LII authorizing the secre-
81 IRE Treasury keep certain lfe-saving sta
,ore an the Atlantic and Gut COASTS open and
manned IN Jlre and july. ana appropriatins S'o'V'
Or the necessary expe re, was passed by the SEN
- a. the opening OF ;o-day's session.
The Senate coAcurred in the House amendment
- he III removing ELL disabilities imposed oy the
-.rv,h Amendment - the Constitution.
consideration OF the War Revenue bill was re-
s,-oes NJ he close Of morning business.
In the course Of brief coloquy concerning the
-,ori,v ~ amendments yet 10 be considered MT
,,oyr,s Dem. ArkD expressed the opinion that all
.,a -evanue features Of the bill ought to be com
- and acted on before the bond provision was
oossed on because the amount of revenue raised
Itch, have great weight in The determination or
,,her pendng amendments. He was satisfied he
o,6 that the bond provision would he incorporated
80 ,he h,i but held that Senators ought 10 know
what the bill would raise approximately before No'-
,,g on the bond question
mp HA1E's ESTIMATE OF WAR EXPENSES.
II, HALE G2ep.. Me) inquired whether Mr. Jones
.n,rynt the comparatively small amount which
I'D he raised by the pending revenue amend
o,.s would be sufficient. Il have no doubt. he
an,,nu.s that Il this war lasts year II will
.os, ,he Government between S7N,ooorn and $500
r1ooo That IS my prediction, and put myself on
o,ord 10 that effect"
Mr. Jones SAID that so much money might be
.an,, bur he did not think so. He satisfied.
=, all events. that issue OF bonds unneces-
cary 81 do not believe he said. that the war
will last year, six months. Ut anything Ike
that time And the cost Will certainly be much
,sss than stated by the Senator (Alr. Hale). The
Secretaries OF War and the Navy each made an
estimate q the expenses for one year. and their
aggregate estimates were only about half the est-
mates Of the Senator from Maine"
Hale pointed out
pensiye as an expedionary lie said he had
examined all the estimates made Of the expenses OF
:he war and he was satisfied they would reach
certainly $7OoOo,m
Mr. TELLER ISL. Rep. COLI reviewed tariff egis-
aion in the last years. and said il was evident
,ha; this Dill was be a temporary measure
|; Was 20 all intents and purposes 10 be per1na-
neni law. The expenses OF the war would be largo
but they woula not end with the close OF the war
The United States proposed to have great Navy.
commensurate with the dignity and development
Of the country. and in addition all the cities along
,he Atlantic ana Pacific coasts had right 10 dc
aiand protection from foreign !Hvasion Ihe eX-
penses Of thu Government wera great now. but
they were certai. bo greater al the close OF the
war 1t is the duty OF the Senate" he said. TO
take sufficient time for the consideration OF the
pending bill TO determine how much money !; VIII
raise ] do not want TO vote on the bill un.N We
know what !, will produce in revenue. The Gov
eminent will not be hampered In any way II this
bll does not pass for ten days or until July l."
THE R1JJ, AS A REVENUE PRODUCER.
Mr. AIDRICH CRep r. ID said that careful osti-
mates had been made Of the revenue-prooucing
qualities OF the bill and ne was satisfied me
amour. would be between $50 900 90 ard $4,000 co:
certainly not IN excess Of The latter sum. The eX-
penscs Of the war would not be less than 5000
u, and he believed they would far exceed tina;
Mi Hale interrupted Mr.. Aldrich 20 say that the
expenses OF the war thus far had been quite goo
900 900 The General Deficiency bill would carry
more than 100000 Of war expenses already in
CURED.
Mr. ALLISON Rep. Iowa. IN charge OF the BILL
said he had made as careful an estimate OF the
revenue producing qualities OF the bill pos
sible Estimates had also been made Of the
penses Of the war. Without including the last
Is Ossa volunteers called for. the estimate made
tha,g, ne expenses for the first year would
be at'ieast ss-oeooco. lie regarded addition OF
s7......s for the additional volunteers entirely
reagYx bks
Mrs Aidreh then proceeded with his statement.
maintaining that while 1: impossible 70 give
accurate figures the revenue producing qualities
Of the bill. the committee had made the closest
possible estimates
In a coloquy between Mr. Aldrtch and Mr.. ALLEN
pop Neb) the former said: Il never have agreed
with the Senator from Nebraska on any matter
concerning the Treasury. and If ] stayed here
hundred years believe never should agree with
him"
"Ths: indicates TO me-" said Mr. Allen, chat
an quite right"
Mr. Teller insisted that IL evident the COM
ni,ee did not propose TO make an estimate. be
cause its desire TO keep the Senate and the
country In the dark
Mr. MORGAN Dem Ala) said The committee
knew (; had the power force issue Of interest
bearing obligations. and It simply proposed TO ex-
erclse that power
Nh PLATT CRep.. Comm made brief argument
In support OF The position taken by the Republican
minority OF tae committee.
SENATOR MORRILLs SPEECH
M MORRILL, CRep vt). the venerable chairman
OF the Finance Committee. delivered short speech
IN opposition TO tire propositions that come 10 us
from the Poprlst side Of the Senate TO issue
greenbaoks ard coin the seigniorage This scheme.
he said was being helped alcos by some OF our
rq1rh;y boys" He thea made brief argument
against the coinage OF the seieniorsge. closing ty
saying tha; II 5imetallism should ever be- adopted
II would be at a diferen. ratio than IS to l.
Following this desultoiy debate. II w0S agreed 10
consider The committee amendments yet 70 be dis
posed o.: me motion OF Mr. Aldrich 10 strike out
The committee amendments providing 70. the coin
age OF The silver seigniorage. the issue OF silver
certificates and the iss OF United States notes.
and the substitution Of the bond provision being the
pending questions
Mr.. "OLCOTT Re0.. COLI proposed an amend
ment 10 the amendrant OF the committee on coinage
q the seigniorage II In the nature OF subsi-
tute and. after being slightly amended. a direct
vote on X was reached. Nj. Jones. OF Arkansas.
giving notice that he would move hereafter TO
substitute the committee amondmen for the VOL
colt amendment
TO COIN SILVER BULLION.
Mr wocoets amendment was agreed 10 by the
following vote:
Ayes.
Alea raul.n,, Mantle poact
Sseoa, Gray. Martin. Sh0uI.
nntM u'nsbsough. Mills. stewart.