The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-05-04
II. SAVERS SPEECH
the Issuance of Bonds nm

''""' SSSNpH - SugciS vi ltNuS
house OF representatives today
he issuance Of United States
in favor OF an income tax:
Eers: Mr.. Chairman, we have a
Pm before us to put in the treas
sum OF $69o.Oo0,o0O through tax
b the sale of interest. bearing
be expended In the prosecution
lr. 1t is distlnctively a war meas
president of the United States
, for $4,000 volunteers. If all of
Pops were in actual service, with
Ion of the regular) Army and the
fy would approximate about 200.-
Dre told this morning by the gem
IN charge of the measure (Mr.
A, in his defense of the PROPOSE
omitted, that in 1865 we expended
u 100, 900, 200; and in 1864 about
|R0o for war purposes. 1t must be
mind that during those years the
PINT was maintaining fully, IL not
n. 100000 Of soldiers and sailors.
Ivy, including vessels of all kinds.
5your times as large as the one We
with currency worth from 40
its on the coin dollar. The price
bling was then excessively high.
Mr.. Chairman. 1t may appear I'M
and ungracious to raise the uues-
Economy in q crisis like the pres
pre- Is no gentleman on this floor.
i his political opinion, who Is pre-
20 further than in maintaining
Eiive army and navy during this
Ipr one, | am willing to vote for
pillar that may be necessary to
iced and care for every soldier and
1at may be enlisted. and to provide
~ the greatest abundance OF ali the
ees of war. would not have him
q thing that Is necessary to his
Sor efficiency.
Rking the last year Of the civil war
Ris- with an expenditure OF about
p,O00, with a much larger navy
PHI over 100000 men in the mil
fvice,and with the currency ranging
TO 6D cents Oh the dollar-the sum
of S690,00s,0O0 is, in my judg-
ktravagant and altogether unne ces
4 this time.
|fmen say that the president and
pinistration will not eXpend this
$f II should not be nece ssary.
khere 10 oriticise or to call in ques-
. action of the president or Of his
Nration.
y be time enough to do so after the
VI have ended. But IL / were re-
y and responsible for the acts OF
ninistratlon | would be slow indeed
ht its command so large a sum OF
u In my judgment neither the presi-
N the cabinet will be able TO resis,
luences that will be brought TO bear
n TO secure the expenditure OF this
S%hen once In the treasury.
~ we have here In great numbers
Pc seek contracts with the govern
$Ihey are around these corridors
nni the rooms Of the appropriations
zee, Of the committee on naval af-
the committee on military affairs,
fident must be more than human
puid successfully repel the impor-
4 that VIII be made to expend this
zeal of our patriotism, in our de-
prosecute this war successfully, we
2ot to forget, Mr. Chairman. that
y VIII come when the people will
respond. They ought TO be heard
pre- we undertake this vast expsnii
Pt yet authorized, It is true, but I,
Eau,horized. My friend, the chat,
the committee on appropriations
swould have to he Appropriated L,
y before it could be expended.
y appropriation OF $50 900 900 nessed
= Few weeks Ego in almost the
ng OF an eye. A large naval appro.
hill is ready t. he passed. ~
NJ has been passed; other large an,
fions VIII surel, follow. Inasnilrr
press viii facet again in December
q measure mcst pass a1thorizins
lanee of bends ito which | am ND
they ought not 10 exceed 5000, D0i>.
the furthest. a larger amount at tn,
time would be extravagant and uu.
|ry.
,cost OF maintaining the regular
|n the time OF peace does not tx,
;Am informed, $1,000 per man for eaci
q he 125, 600 volunteers, together viii
kular army and the navy. maxim;
100000 in all. should therefore, II
Cost not more than 5000 0Uu, 0o0 pc
fditlon OF $500 per man for war pur'
land which is a liberal allowance
increase the expenditure TO $500. 0C0,
annnm. Hcnceforth and until tn
shall end we must rely upon our.
|ior all munitions OF war. We cal
rchase them from abrc1d, nor car
gurs or mortars or battEeshlps O
+ be completed in so short a timl
demand so heavy an expenditure
tho first year.
'le this amount. Mr.. Chairman, an,
Niil be expended or covered by eoa
Gentlemen should remember tha
repditures are not always limited Il
There are such thing
|oiencics, and these must b. met b.
rs. 4 surplus In the treasury Is al
dangerous, both IN peace end in war
lcre especially IN war, The mos
and economical admin 'straticn ca
'tvtn' waste and extravaganza dur
period or actual hcstilities.
a ~ ~. he /. l.
Viii be ri excessive figures. II ha
\ been so. Resides. much that
,gsery and altogether unfit viii |,
!. War Is the iiine for speculation
blic nlHnder. General demoralizatio
! and the contractor resels 10 h
ten gains, These are some OF III
?. Mr.. Chairman. why ! am oppos !,