The age-herald., 1898-05-29

time of war 1t would be necessary for the United States to occupy. No man could say that the war would come to speedy conclusion and it could not be said that It might not result in complications of the most serious nature. It would re- quire but a spark to set the whole of Eu- rope afiame and the spark might be struck from the clashing swords of the United States and Spain at any moment. He did not believe any country in Europe would intervene between the contending nations except on the grounds of pure humanity for no one cared to assume the risk of a war confiagration that might sweep the civilized world.
 France Our Friend
 Referring to the suggested enmity of France to the United States MT. Wolcott declared that the papers of that country did not reliably announce the sentiment If France. He was personally familiar with the situation in France and was satisfied that except In the newspapers and among a few of their followers, French sentiment toward the United States was most friend ly. He paid high tribute to thespremer of France He said he was onek of the staunchest friends America had in Europe, and was in perfect consonance with our ideas and policies. No complications, he was certain, would arise from that quarter. from whatever source complications might spring, however, the United States must be in a position to meet them with com posture, dignity and honor. The attitude of Great Britain during the present war had been of incalculable benefit to this country. He then entered uro1 discus sion of the pending bill. Discussing the tax upon corpora tions he said taxes sh u'd be levied with a view to the ability to pay Proceeding he said all railroad mileage was paying now 3.4S per cent. upon gross receipts: 16.4 per cent. upon net receipts CT 445 per cent. upon net receipts after flxed charges had been paid He said 16.75 or all the railroads in the country were now III the hands of receivers. He criticised the tax upon bank investments as likely to re- suit in double, triple and probably quin- tuple taxation by reason of the law requ r. ing banks to keep a per cent or thelr ue- posits in depositories designated by the government He said he favored in this re- spect a bill as reported by the repno'can rremhers of the committee. Addressing himself to the coinage of the seien.oraSe MT wolcott advocated the provision as a general proposition. but offered an am nd ment directing the coinage to proceed al the rate of not less than $4O O0Vo per month and authorizing the seer tary or the treasury to issue silver certlncates as the silver was coined.
 Coirave of Tin
 He said: "Mr Priesldent, am shocked and surprised at men whom know arc nor of the populist element, who simply want the coinage of silver, tin or anything else for the sake of having more money; men of the rock-ribbed democratic party; a marty that has always been a hard-money nartv. and continually declared itself de- srous of only gold and silver as the money of the constitution. voting now to put out $50 100000 of greenbacks without a dollar of gold or silver to back 1t up."
 Concluding his speech, MT. Wolcott sup ported the minority bond provision proVld- ing for bond issue in the nature of pop ular loan, which could be taken by the peo- ple generally.
 He contended such a lon would be readily taken by popular subscription. In this connection he criticised Secretary Gage, who he said recently expressed before the committee on finance his belief that the people would not absorb such loan as was proposed
 "fIis wish, I am inclined to believe" said the senator, twas father to the thought, and trust he is the only man In the coun- try who cherishes the belief.
 At the conclusion of MT. Wocott5 speech a proposition was offered to vote upon the amendment offered by MT. German limiting the excise tax on railroad, stoamb)at, cleo tric light, telegraph, telephone, express and other corporations to those whose gross receipts exceed $25O, 900 annually and mak- ing the tax one-half of 1 pa- cent.
 MT. Aldrich moved to lay upon the table the amendment offered by the committee for which MT. Germans amendment was intended as a substitute. The motion to table was made with the understanding hat MT Germans amendment should be placed cpon its adoption, should the motion to table prevail. This brought on the most important vote yet taken in the senate cn the revenue bill The vote resulted ayes 4l rays 27, as follows:
 Vote on the Motion
 Yeas-Aldrich, Allison, Bacon, Caffery, Carter, Cullom, Davis, Deboe, Elkins, Fair banks, Foraker, Frye, Gallinger, Gear, German, Hale, Hanna, Hansbrough, Kyle, Lindsay Mcbride, McEnery, McMillan, Ma son, Mitchell, Morrill,, Murphy, Nelson, Penrose, Perkins, Platt, of Connecticut; Pritchard, Proctor, Quay, Sewell, Shoup, Spooner Warren, Wellington, Wetmore and Wolcott-41.
 Nays-Allen. Bate, Berry, Butler, Can non, Chiffon, Clay, Cockrell, Daniel, Faulk- ner Harris, Hetfeldt, Jones (Ark.), Jones (Nev.), McLaurin, Mallory, Mantle. Money, Morgan, Pascoe, Pettigrew, Rawlins, Stew art, Tillman, Hurley, Turpie and White H
 Upon the announcement of the vote MT. German under the arrangement that vote should be taken on his amendment, again offered it so modified to make the tax apply only to gross receipts of corporations in excess of $250,00 a year.
 WI proposition of MT. German, reducing the amount of the tax levied from one-half to one-quarter of 1 per cent. The amend ment was discussed in a desultory way for an hour, Messrs.aAllen, Lindsay ~Platt, of Connecticut, and White participating in the debate.
 MT. Pettigrew, gave notice of amendments he proposed to offer to Mr. Germans prop osition and was proceeding to speak upon them. At MT. Enkin's request he yielded for motion that the senate go into execu- tive session. An effort was made pending the putting of the motion to get vote upon the German amendment but it was unavailng.
 MT. Mason, of Illinois, moved that when the senate adjourn it be until Tuesday next MT Allison in demanding the yeas and nays said it was highly important that the pending bill be disposed of at the earliest possible moment as every days de- lay meant the loss of needed revenue. Mr. Mason's motion prevailed by the close vote of to 31.
 The senate at o'clock went into execu- tive session and twenty minutes after ward adjourned until Tuesday. Flanagan Again Convicted