The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-06-11
THE SENATE AGREED
To the Report Of the Committees on
Finance.
OPPOSITION To The BOND ISSLE.
Senator Teller Accuses the Govern
ment of Bad Faith
MADE lNCONSEQUENTIAL WAR
A Pretext to Create an Immense
Public Debt.
MADE lNCONSEOUENTIAL WAK
W0LC0TT DEFENDS THE MEASURE,
Agreed To After vigorous Debate u,
N Vote of Forty-three Ayes to
Twenty-Five Noes.

Washington, June IVA Dlli 10 pIoNluo
an American register for the steiner Ar
cada of the New York and Porto Rico
line was passed by the senate today. The
bill provides that the vessel shall not en-
gage in the coastwise trade, although it
may trade between New York AMI Porto
Rico.
Mr.. Jones (Ark.) offered resolution d.
rectng the secretary of the interior to
inform the senate what special instructions
had been given to Charles Z. NJ. Schiller
! holz, special agent of the general land
office at Batesvllle, Ark.
| Mr.. Jones complained that MS agent OF
the government Schlierholz was in the
| habit of sezlng timber RATS ticatsd down
| the White river to Batesville and COM
| pelling the raft owners to prove that the
| timber was not cut from government land.
| He said that some of the acts of this ''ua-
| derling" were "a disgrace and an out
| rag and he ought to be kicked out of
| his position" The resolution was adopted.
| Mr.. Aldrich (Rep.) presented the report
| OF the committee on finance on the war
| measure and said as the senators were
| familiar with the details OF the report he
would make no formal statement
| Mr.. Jones (Ark.) said as one Of the con-
| ferees he had not signed the report and
would vote against it, Many things In the
report were not satisfactory to him, partic-
| ularly the beer rebate, the Inheritance, the
| 81 eping car. the tea taxes and other taxes
nut in the bill. He did not think the redu
| ton In the amount of silver to be coined
each month necessary, but he was grati!ieI
| That the provision for the coinage OF all
| in ha ~
manned in the bill.
lie opposed an addition to the bonded
debt of the country. He said he would 50
| pose the adoption OF the report on that "a
count. He read newspaper clippings. saying
arrangements had been perfected at the
| treasury department for the Immediate Is
| sue Of 5000 900, 900 OF bonds He had no
| doubt the statement was accurate
| Mr., Aldrich called Mr.. Jones attention
| to the provisions of the bill which ware
| that bonds should only be issued as a
means of raising money with which 10
prosecute the war.
| MIR. Jones replied that he did not DOUBT,
| however, the statement in the newspape s.
! He had one other very serious objection he
said. to the adoption OF the report. It re-
tanned the stamp tax on deeds, checks. ETC.
Of the people and had released the rail-
roads from the requirement to pay d
similar tax on bills OF ladlng. This he be-
| leved, was harsh on the people and en-
tlrely unnecessary.
Mr. Wolcott (Colo0. In a brief sp7ech
paid high tribute TO the senate conferees
Ire said 1t had been n long time since
bill of so great importance as this one was
had created so little friction The report
al the conferees he thought was eminently
fair and just and reflected great credit
upon the conferees of both the senate ami
horse
at may be true said Mr.. Wolcott "as
the senator from Arkansas (Mr Jonesl
says, that the secretary of the treasury IN
adVertently may have done Just what ne
senator says he has. The secretary OF the
treasury has cone many foolish things, hut
the hill so hedges about the secretary with
the law
Mr. Wolcott said he was satisfied tina,
the people OF the country would take nil
the bonds offered by the government. lie
uid not snare In the fear of Mr.. Jones that
the secretary would place the bonds In the
hands of the big banks and financial oorpo-
The bond section of the bill provides tina,
the lowest and individual bidders for bon1s
should first have their bids accepted nv
IKE secretary lie VAS certain the secretary
would give the people ample time and on
poltuniiy 20 bid for the bonds, and he he.
lleNed subscriptions for them yonld cor,e
United States W |'N
The people or the country sofa y.
WIN take up these bonds as a manifesto
tlop OF their patriotism and their pride ot
country
He was glad that the provision for .he
coinage of the silver bullion had been re-
tanned Many OF us would have been glad
the Dill as finally agreed upon provided
FOR the coinage OF four millions a month
but the principal recorded by the senate
mas been retained and believe IL IS gen-
orally satisfactory"
Mr. Chiffon tTexas) regretted no could
not express the satisfaction with the re-
port waich Mr. Wolco,t felt He obirrt.
ca 10 the striking out of the provisions
,neu, lOl"leu py the senate, and was partlc-
ularly annoyed by the STAMP tax amend
ment which he had offered and which had
not been retained. In discussing that fea
,ure ne said. after making a sharp com,
iuont upon the action of the conferees.
was about To say that | would nav
.h,se gentlemen back in their own com,
s"t l WIN not say that. for II ! am eyer
hohotcd so far as to be placed on an inn
portant conference committee shall on
deavor TO carry out the wishes of the sen.
ate" "'e sem
MI bacon announced his opposition 10
'he conference report saving tfe bin wos
enen more objectionable now than when
~ 'h'"Hs ptiV'e the senate. Referring 10
me silver proposition. Mr.. Bacon ssi5 !,
Was merely an effort to deceive tbe co,ntr,.
INTO the belief that something had hesn
cone IN their behalf as the coinage OF sin.
yer authorized by the conference agreement,
YES put very slightly in excess OF the coin
age under the existing law.
Mr' ieller called attention 10 the chanra
hIade by the conference In regard To IN
par. "N' 'eSs tuun
Mr.. Aldrieh replied that the change was
maa. 20 remove an apparent Inconsistency
anu that under the language adopted there
was no possibility OF sale OF any Of m
bonds for less than par. ' VI 'ne
MI Nilsson also gave the same oninicn
as 10 the provision o''''''"
Mr' Keller also asked why the certif,-
popular loan. to which Mr.. Aiarieh re-