The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-05-20
GOOD PROGRESS MADE.
BY the Senate in Considering
the War Bill.
MONEY POWER ASSAILEO
By Mr.. MCLaurin-- Teller Pre-
diets Another War.

Washington, May 19.-While several i'm
portant passages in the war revenue
measure were passed over today for future
consideration, excellent progress was
made by the senate in the consideration
of the bill, two-thirds OF the measure
having been read and the committee
amendments generally having been agreed
TO. Mr.. McLaurin Dem, S. c. opened
the discussion of the bill with a carefully
prepared speech The proposition to place
stamp tax upon proprietary articles ana
perfumes now in stock aroused Lively
discussion. 1t was regarded as Tetroact-
i've legislation and as such was opposed
by many senators. The paragraph has
not been disposed Of finally.
PRELIMINARIES.
The death of Mr.. Gladstone was made
the theme of the chapain's invocation
az the opening of the senate.
A resolution presented by Mr.. Minis
(Texas) was adopted. 1t calls upon the
president for the plans and specifications
for the improvement Of the Arkansas har-
Dor, the removal of the bar and the i'm
provement Of the channel. making it 20
feet deep and $50 feet wide at the bot
tom.
WAR BILL RESUMED.
At the conclusion Of the morning bust
ness, consideration of the war revenue
bill was resumed. Mr.. McLaurin Is. c.
made a set speech upon the features Of
the pending bill. Speaking of the bring
ing Of the war in which we are now en-
gagged, he said Spain had supposed that
commercial greed hal stified patriotism.
This, to her sorrow, she had learned at
Manila was not the fact. She had real
ICED that Dewey was a worthy successor
TO Decatur and Perry.
He was ready, he said, to vote for any
measure that would tend 10 bring the war
10 a successful conclusion.
People on the island of Cuba are dying
every hour. Their condition is beyond
the power of description. Every day now
means the loss Of hundreds, perhaps thou
sands. of lives in Cuba" Mr.. McLaurin
declared. Liberty on the island is at
stake and the war has placed our own
national prestige at stake
THE MONEY POWER
Concerning the proposed issue OF bonds |
he said that there was an influence at
work in this country, more powerful than
the president more potent than congress. |
1t was the silent, secret influence of the /
money power, which was endeavoring to
force an issue of bonds.
"Once the senate. the forum Of the peo-
pc. yields to this clamor." Mr.. McLaurin
declared, and becomes entangled in the
meshes Of the money octopus. the people 4
Will suffer indeed.
There is an army in this country" /
said he ''just as anxious to raid the
United States treasury as our volunteers /
are to raid the island of Cuba To the /
army refer to no volunteers are needed. /,
These jobbers and spectators form a
greater menace to us than the war with
Spain"
Mr.. McLaurin defended the bill as re-
ported by the majority of the finance
and hoped that with the posi-
bic exception of the stamp tax, which he
deemed unnecessary, the bill wouu be
passed as reported
At the conclusion of Mr. McLaur4n's
speech, the clerk proceeded with the read
ing OF the bill.
THE STAMP TAX.
When the paragraph providing for a
stamp tax upon all transfers of stock
was considered Mr.. Bacon of Georgia
said the committee had not carefully COW
cred agreements TO sell stocks and that
If 1t could he established that agree
nents to sell" should not bear stamps
unless an actual transfer of stock took
place, agreements might be made and then
settlement effected between the parties
without an actual transfer of stock. The
paragraph was amended so as to clearly
cover all agreements 10 sell stock, whether
he stock actually was transferred or not.
Mr. German thought that checks for
small amounts ought not TO be required
10 bear stamps.
Mr.. Aldrich. in reply, sal dthat the eimi-
nation of checks for small amounts would
reduce the revenue from this source
about S3,o00 600. The tax ne said, did