The times. [volume] (Richmond, Va.) 1890-1903, 1898-05-20
WAR REVENUE
IN THE SENATE
McLaurin on --Senator
Daniel Opposes Tobacco Tax.

WASHINGTON, May 19.-While several
important paragraphs in the war revenue
measure were passed over to-day Tor
future consideration. excellent progress
was made by the Senate in the consider
alton of the bill. Two-thirds OF the
measure has been read, the committee
amendments generally having been
agreed to. Mr.. McLaurin Dem, OF South
Carolina) opened the discussion OF the
bill to-day with a carefully prepared
speech touching all OF its features.
READY TO VOTE, BUT
He was ready, he said. 10 vote for any
measure, hat would tend to bring the
war to 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
thousands, or lives IN CUBA Mr.. McLaurin
declared. Liberty on the island is at
stake and the war has placed our W
national prestige at stake Concerning
the proposed issue Of bonds he said that
there was an influence at work in this
country more powerful than the Presi-
dent, more potent than Congress.
IL 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 people, yields
to this clamor, Mr.. McLsurin declared,
and becomes entangled in the meshes Of
the money octopus the people will suffer
indeed.
ANOTHER ARMY.
There is an army I'm this country"
said he, Just as anxious to raid tho
United States Treasury as our volunteers
are 10 raid the island Of Cuba To the
army ! refer to. no volunteers are need
oil ThQcp fghhpFu aud gpgrutqf tors form
a greater menace to US than the wal
with Spain"
Mr.. McLaurin defended the bill as re-
ported by the majority of the Finance
Committee and hoped that with the pos
slble exception Of the stamp tax which
he deemed unnecessary, the bill would
pass as reported.
He strongly urged the adoption OF the
proposition TO issue legal tender notes.
1T Is the dealers in futures" declared
Mr.. McIaurin. the financial spectators
and cormorant, the transportation
| companies, he manufacturers Of ammuni-
ton who make money out of the war.
Upon these financial burdens of the war
ought TO fall, and not upon the families
OF the men who go to the front TO fight
for their country"
At the conclusion OF Mr.. McLaurin's
speech. the clerk proceeded with the
reading Of the bill
When the paragraphs providing for
stamp taxes upon all transfers of stock
was considered. Mr.. Bacon. OF Georgia,
said the committee had not carefully
covered agreements TO sell stock and
that If It should be established that,
agreement to SELL" should not bear
stamps unless an actual transfer of stock
took place, agreements might be made
and then a settlement effected between
- ---.g.- ..f.Al.s 80, uaFtF,T Yr1nafar
Of stock. The paragraph was amended
so as to clearly cover all agreements TO
sell stock whether the stock was actually
transferred OF not.
DANIEL AGAINST TOBACCO TAX.
Mr.. Daniel, Virginia), speaking upon
the tobacco AK expressed his gratifca-
ton that the Senate Committee had
stricken out the House provision, sub
tecting stocks on hand to the additional
tax proposed. He objected seriously 10
the retroactive feature Of the House bill
as applied 20 the tobacco schedule. II
had aroused a storm Of protest in every
commercial center of the country. He de-
clared the adoption of the retroactive
feature would result in the ruin Of all
small dealers and leave the tobacco
trade in the hands or monoDolies.
The proposition 10 place a stamp tax
upon proprietary articles and perfumer-
les UUH III HANAh diuATfh a hf'As htF
cussion. II was regarded as retroactive
legislation and as such. was opposed by
many Senator'S. The paragraph has not
been disposed Of finally.
At $50 T.. NJ. the Senate went into exc
cutive session, and at j:3j L. NJ, adjourn
ed.
HAWAIIAN ANNEXATION.
WASHINGTON, May 19.-The adjourn
ment of the House until Monday post
PONIES until next week any consideration
Of the Hawaiian resolutions. The I'M
pressioa That the Committee on Rules
viii provide for bringing up the resolu-
lions next week Is strong. IL Is said that
Speaker Reed is ready 10 yield TO the de-
mands for consideration and II Is beleV-
ed the revenue bill by the middle OF the
coming week will be so well on It's way
toward passage IN the Senate that action
upon the Hawaiian matter in the House
VIII promise no delay in disposins of the
revenue bill.
This will remove the ground for what
has been Weighty objection 10 acting
upon the resolutions upon the part OF
Mr.. Dingley and a considerable element
i'm the House. and with that out Of the
way. tits believed consideration Of the
Hawaiian question will follow speedily.
An agreement TO postpone consideration
of the Brown-Swanson election case from
the Fifth Virginia District until the next
session of Congress was reached. Notice
that the case would be called up to-day
was given yesterday.
After passing the labor arbitration bill
as amended by the Senate, and expert
encing a brier political tilt, precipitated
by a personal political explanation from
Mr.. Tongue. Republican. Oregon, the
House adjourned until Monday.