Evening star., 1898-04-29
:. a. DI
The House Discussing Taxes and
Bonds.
SILVER MEN srErE tHElR OBJECTIONS
Representative Grosvenor Criticises
0.2T
Their Position.
MR.. DINGLEY,s STATEMENT


revenue bill before the bill was taken up
at noon for amendment under the five-min-
ute rule
Mr.. Bland CMo.) discussed the bond fea-
ture of the BILL to which, he said, the
democrats could never agree. They coull
not agree to the issue of any more coin
bonds which would be construed under
republican administration to mean nothing
but gold. So long as the mints we're closed
to the coinage of one-half the money metal
OF the world the democrats only under cir
cumstances or extreme stress could consent
to the issue of such bonds. He argued the
advisability of the immediate coinage OF
the silver seigniorage.
Mr.. Newlands (Nsv) argued that the war
would be confined 10 the navies of Spain
and the United States, and that its dura-
ton would depend upon how long Spain
could maintain upon the sea the guerrilla
warfare she had been accustomed to wage
W on lard. He thought the war should be
vigorously prosecuted, and apparent eX-
travagance now might prove economy in
the end. The only difference between mem
bers was as to the methods OF raising
means. By the terms of the bill two thirds
of the taxes were to be laid upon con-
sumption and one-third upon the current
transactions of business. Not dollar
was to be raised from the accumulated
wealth of the country. This was unfair,
he said.
Criticism by Mr.. GrOsvenOr.
Mr.. Grosvenor (Ohio) said at such crisis
this there were, as Stephen A. Douglas
said, but two classes in the country, pa
trlots and traitors. He was willing to ac-
cept the suggestions emanating from the
democratic side, however wild or imprac-
ticable, in good faith. He would not I'M
pugn or even suspect q lack Of patrlotlsm
Mr.. Grosvenor then proceeded to criti-
else some of these suggestions.
Speaking of the bond feature he declared
that the bonds would be taken by the peo-
pie Of the country, not only as profitable
Investment but as evidence to the World
that this country proposes to free Cuba IN
the face of Spain. Austria or any othef ma
ton that saw fit to interfere.
The other spehkersi before noon were
Messrs. Curtis (KanAr Shafroth (Col), ana
At noon the House went through the for
mality of adjohrning and reconvening.
Then under the drderrthe bill was taken up
for amendment 5undernthe five-minute rule
To Strike Out ROnd Provision.
Under the arrangement made the bond
sections of the bill were first to be open to
amendment Mr.. McMillin (Tenn.) offered
on behalf Of the minority the amendment
to strike out section u, the. bond provision,
and insert. in lieu thereof the income tax
amendment. It Is Identical with the in
come tax provision of the Wilson tariff
law, with the taxable income reduced from
81 900 to 50 900 per annum and the per cent
increased from 2 to 3 per cent.
Mr. Walker CMass.) offered as an amend
ment to the original section proposition
to change the terms of the bonds so as to
make them redeemable one year after the
cate of their issue and payable after three
years and upon the expiration OF seven
years or due or a certain day within three
years as the Secretary of the Treasury
might elect.
Mr.. Walker declared that his amend
ment would save the people from $2O,00O,-
600 to $50, 900, 900. He protested against the
application of the party LASH" Members
should not, he said, be driven like sheep
to the support of this bill. 1t was too i'm
portant a matter. The House should have
more time to consider and perfect this BILL
or IL would &c to the Senate and be kicked
about for three or four months. The demo-
Gratis enjoyed Mr. Walkers vigorous ut
teranceS intensely.
/ Continuing, Mr. Walker declared that the
bill should be recommitted and that every
republican should vote for the motion.
Congress should not impose on the people
the annoying, irritating and perplex!ng
stamp tax system. A tax should be placed
upon tea and coffee The Loud bill, which
would save from $6,eOO,O00 to $12,O0oO00,
should be passed. He declared that the
bill was to force it's repeal as soon as the
war was over and leave the bonds unre
deemed. He believed the war taxes should
continue until every dollar of the war debt
was paid.
Mr. Berry uly) called attention to the re-
markable coincidence that by this bill it
was proposed to issue $500, 600 the
amount which Secretary Gage had recon-
mended for the purpose of redeeming the
greenbacks. There was no necessity for
such an enormous loan The fortifications
of Matanzas had been reduced In thirty
minutes. Havana could be reduced in two
hours, and the war would be at an end The
war should be pushed. The reins should
be loosened. Havana would fall before
Sampson, the Philippines before Dewey and
the Spanish fact, crowding across the At
lantic, before the onset of the flying squad
ron. The seriousness OF the situation was
thoroughly exaggerated. While our feet
was being held in leash the population of
Havana werer starving and the end for
which we aimed, the relief of humanity,
was being defeated. In ninety days, In his
opinion, the war would be over and the
American flag would be flying over Porto
Rico and the philippines.
Mr.. Dfnsfey Replies.
Mr.. Dfngley, replying 10 Mr.. Walker.
said that if we Had fibt 1856. 100000 of bonds
due in six or sevenp years the suggestion
to make the boflds provided for in the bill
short-term bonds wodld have force These
bends which we're ttSifall due carried and
5 per cent interest," and every expert con-
suited mad beeini n=of opinion that the new 8
per cent issue should be 10-2Os. Mr.. Walk
er's amendment wap lost without division.
Speaking ON the Income Tax.
Many five-mfnute, speeches on the in
come tax amendment followed.
Mr. Brumm Pa.J. In the course Of his
remarks. advocated an issue of $t5e,oeo, 600
of greenbacks.
SENATE.