The Portland daily press., 1898-06-04
READY FOR FINAL VOTE.
Senate Will Pass Revenue Bill To-
day Without Doubt.
HOUSE BOND PROVIS0 ADOPTED
BY GOOD MAJORITY.

Amend ment PROVIDES Aof S"'"A%0 Vi d
limited Amount of Silver Bullion in
Treasury and Issuing Certificates
Therefor.
Washington, june 3.-While the war
revenue measure WAS not passed by the
Senate today, two very Important votes
vera taken. one on a proposition to coin the
silver bullion in the treasury and to is
sue silver certificates against the coin,
and the other on bond proposition pre-
sented by the Republican minority of
the committee on finance. In lieu of the
seigniorage amendment offered by the
majority OF the finance committee, Mr.
MolcotG proposed an amendment direct
ing the secretary of the treasury to coin
the silver bullion in the treasury and to
Issue silver certificates against it. After
some discussion vote was reached and
the amendment was agreed to 4S to 81,
several Republicans voting for it,
Mr.. Aldrich pressed the amendment of
the minority OF the finance committee
providing for the issue of 100, 000 900 OF
certificates of Indebtedness and 300, 000,-
600 of bonds, to be used exclusively for
the payment of the expenses of the war.
After an extended debate by the vote of
~ W u, uilS DOIiu etiucuuIAcHb Ndto iIIGOI-
porated IN the bill as q substituts for
the amendment to issue legal tender
notes. "'he bond proposition received
the votes of 81 Republicans, { Democrats
and l Populist. The Democrats who
voted for it were Gallery, Faulkner, Cor
ply, and the PopuliSt was Kyle.
No Republican voted against the issue
OF bonds, the votes in opposition to bonds
being cast by II Democrats, 3 Populists
and Silver Republicans.
just before adjournment this evening
a sensational speech was made by MIR.
Wolcott in reply to some suggestions con-
corning the bimetallic commission made
by MIR. Allen. Mr.. Wolcott regarded MIR.
Aliens statements as personally offensive
and he made an attack upon the Nebraska
Senator and Populist party.
Washington, June ga bill authoriz-
ing the secretary of the treasury to keep
certain life saving stations on the Attain
tic and Gulf coasts open and manned DUR
ing June and July and appropriating
$40, eco for the necessary expenses was
passed by the Senate at the opening of
today's session.
The Senate concurred in the House
amendment to the bill removing all dis
abilities imposed by the 18th amendment
to the constitution.
Consideration of the war revenue meas
ire was resumed at the conclusion of the
morning business.
In the course of brief colIoauoy con-
corning the priority of amendments, to
be considered, MIR. Jones, Democrat of
Arkansas, expressed the opinion that all
the revenue features of the bill ought to
be completed ana passed upon the bond
provision because the amount of revenue
raised might have great weight in the
determination of some other pending
amendments. He was satisfied, he said,
that the bond provision would be incor-
porated in the bill, but held that senators
ought to know what the bill would raise
approximately be fore being called upon
to vote on the bond question.
Mr.. Hale, Republican of Maine, in
Quired whether Mr.. Jones thought the
small amount comparatively which would
be raised by the pending revenue amend
ments would be sufficient. II have no
doubt" he continued, THAT if this war
lasts a year it Will cost the government
between 500 600, QUO and $500, 600, 200.
That is my prediction, and pat myself
on record to that effect"
Mr. Jones said that SO much money
might be spent, but he did not think So
1L6 Was otOASAOA oO ali SfSlUS bubO tt1
issue of bonds was unnecessary.
Nj. 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 500, GOO. 900.
MIR. Teller. Silver Republican of Colora-
do, reviewed tariff legislation during the
past ten years and then said it was evil
dent that this bill was to all intents and
purposes to be permanent law. The
expenses OF the war would not end with
the war. The United States, he said,
proposed to have great navy, comDlen-
surate with the dignity and development
OF our country, and in addition all the
cities along the Atlantic and Pacific
coasts had right TO demand protection
from foreign invason. sit is the duty
Of the Senate,' said he, ito take suffic-
lent time for the consideration of the
pending bill to determine how much it
will raise. 1 do not want to vote upon
the bill until we know what it will pro
duce in revenue. The government will
not be hampered in any way if this bill
Goes not pass for ten days, or until July
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 $l50, OO0, 900
IF the latter sum.
Dlr. Allison, in charge of the bill. said
he had made as careful an estimate of
The revenue producing qualities of the
ILL as was possible. Estimates had been
made also Of The expenses Of the war,
without including the last Is 010
ca led To-, h estimate W N de that the
LIST yeal would he at Ie.sL $37g. COO. Con
lie regarded an addition CT SIS, 000, coo for
the additional volunteers as entirely rea
sonable.
After a desultory debate it was agreed
to consider the committee amendment
yet to be disposed of, the motion of Mr.
Aldrich to strike out the committee
amendments providing for the coinage of
the silver seigniorage, the issue Of silver
certificates and the issue of United States
notes and the substitution of the bond
provision being the pending questions.
Mr.. Wolcott, Repu blican of Colorado,
proposed an amendment to the amend
ment of the committee upon coinage Of
the seigniorage. 1t was in the nature of
a substitute and after being slightly
amended direct vote upon it was reached
and it was agreed to 4S 10 81.
Mr. Jones' Democrat of Arkansas, gave
notice that he would move hereafter to