The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-05-09
Dividend Paying and Invest
ment Mining Stocks.
W. E. HUBBARD & CO.,
TEL. sos. Is w. I'd So. ST.
BOND ISSUE IN THE SENATE
ADVOCATES OF BONDS ARE
LIKELY TO WIN.
Proposition Strengthened By the
State of War-Hawaiian Annexa-
ton Will Garry In the House.

Washington, May S.-The expecta-
| ton is that the war revenue bill will
1 be received in the senate from the COM
mittee on finance about Wednesday
but its report may be delayed for a
day or two beyond that date. The fact
is that the committee has found ST
many changes considered desira BILE
from its standpoint, that progress has
necessarily been slow. The Republi-
cans have suggested many more
amendments TO the bill than have the
Democratic members, and many OF
those suggested by them have been OF
such Importance as to require careful
attention and much time. There are
many matters yet requiring considera-
ton. and until these shall have been
voted upon in committee it will be inn
possible to fix a day for reporting the
bill.
Whether the bill shall carry a provi-
sion for new government loan on the
bonds depends entirely upon Senator
Jones Of Nevada So far as it can be
learned. he has not yet made known
his position in the committee, and the
other members profess to be ign"~ant
on the subject. The understand 80 on
the outside is that he will oppU.- the
bond feature. and that consequently
sion will be eliminated and probably an
an authorization for the issuance OF
greenbackS substituted for it.
Whatever the verdict of the commit
tee on the bond clause, the bond ques-
ton will form the basis of the senate 5
consideration of the bills This subjecr
will, in any event, be debated at length
in the senate. 1t is generally conceded
that even though the committee dis
q no of %
bond policy will be strong enough to
restore it in the senate if q vote is
taken. The opponents of the bonds
hold that the strength of the bond pro-
vision is due to the fact that a state
of war exists, and they are hopeful that
war may come to q. close before it Will
be necessary to vote upon the bill.
They do not indicate any purpose of
holding the bill in the senate with this
purpose in view, but they now assert
it to be their intention to debate the
bill at length or at least to the extent
necessary to present their views fully
to the country.
HAWAIIAN ANNEXATION.
The definite programme for house
procedure during the present week is
fixed. If the president shall send to-
morrow a message to congress review
ing the operations of the American
fleet in Philippine waters and recon-
mending a vote of thanks to Acting
Admiral Dewey. the house Immediately
will act unanimously in response to
the suggestion of the president. Then,
unless unforeseen developments arise
the house will devote the day to the
consideration of matters affecting the
District of Columbia. On Tuesday the
committee on foreign affairs probably
will report a joint resolution providing
for the annexation of the Hawaiian ISL
ands. 1t will have the support of all
Republican and some Democratic men,
bers of the committee, and, further
mere. in view of what seems a recentlV
growing sentiment here favorable to a
policy of colonization, its passage by
the house this week without very
strong resistance is likely.