The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-04-28
POOR WILL PAY IN BLOOD
MORE THAN THE RICH WILL
PAY IN TREASURE.
Sentiment Uttered By the Democratic
Leader, In Opposition to the Gen
eral Features of the BiIl-ofer
to Yield If Republicans Would
Concede Income Tax.


ance on the floor was also large. Rev
Heszwem, who delivered the invoca
ton, asked the divine aid and direction
/ for our army and navy.
Without any evidence of excitement
or preliminary Of any kind, the house
went into committee of the whole after
the reading of the journal and entered
upon the consideration of the bill Ow-
ing to it's Importance Mr.. Dingley
chairman of the ways and means COM
mittee, did not ask that the first read
ing of the bill be dispensed with as
usual with bills of minor Importance
DINGLEY TOOK THE FLOOR. :
The reading of the bill, which con-
sists of Al pages, occupied an hour and
ten minutes. Mr.. Dingley then took
the floor to open the debate. The bill,
he said, was distinctly war meas
ure. 1t was essential that we should
stand as a unit, shoulder to shoulder,
as it was only through such united ac-
ton that hostilities could be abbrevi-
ated and brought to an end at the earli-
est possible moment.
War was much more costly than for
merly. This demand upon our re-
sources, he said, came just as the coun-
try was emerging from a long period
| of deficiencies of revenue and was just
beginning to see the light Mr.. Dingley
then proceeded with his argument,
pointing out the condition of the treas
ury. the extraordinary demands upon
it for war purposes and the necessity
not only of providing the additional
revenue which would be raised by the
bill, but authorizing the secretary of
! the treasury to borrow money on the
! ere dit of the government. He followed
closely the lines Of the report.
UNITED ACTION URGED.
He emphasized the necessity of united
action in support of the measure in
order not only to impress Spain, but
! the countries of Europe, with the pro-
/ found conviction that the American
congress and the American people stood
shoulder to shoulder without regard to
party, in the determination to prosecute
to successful termination the war we
had undertaken.
Mr. Dingley spoke with great ear
nestness and was listened to with pro-
found attention. Many of the Demo-
Gratis left their places and took seats on
the Republican side in order to hear
the better With great impressivenesS
Mr.. Dingley said that unless all signs
failed, the war would not be a three
months affair, nor a six months affair.
made for the offense and defense, the
shorter it would be- When he reached
the question of the bond issue he was
besieged with questions by Mr.. McMil-
lin and other Democrats and there was
some discussion on the cost OF war.
BILLION DOLLARS PER ANNUM.
Mr. Sayers ventured an estimate of
$500, 600 per annum, which Mr.. Ding
ley rejected, calling attention to the
fact that the civil war cost 81, 100. 5000
per annum.
Mr.. SayerS, while avowing his will
lingnsss to vote every dollar necessary
to prosecute the war, commended that
there was no necessity for authorizing
in this bill the raising of 500, 100000
when congress would meet again in
December A plethoric treasury in time
of war, he argued. would invite endless
schemes of spectators until it was
gone.
Mr. Dinghy pointed out that the au-
thorizaticn for 100000 900 bonds was
simply an authorization. If not needed /
all the bonds would not be issued.
INCOME TAX.
Mr.. Dingley briefly discussed the |
proposition which the minority would /
advance tor an income tax as a sub
stitute for the bond proposition. The /
supreme court HdS QeClOGu li-S TAX
unconstitutional, and it proposed in
place of an authorization to borrow
money, to remand the government to
what would come out OF a lawsuit
which had already been decided
against the government.
1T seems so preposterous in such an
said Mr.. Dingley, that 1
can hardly believe such a proposition
is to be seriously presented" The
re- "a eli ri
age he characterized as one of the
in finance, which was new
er heard or beyond the borders of the
United States. Seigniorage was the
profit from coinage. We are not now
coming silver
Mr.. Dingley was given a hearty
round of applause when he concluded.
BAILEY's ARGUMENT.
Mr.. Bailey. the leader of the minor
lty, followed Mr. Dingley with the
opening argument on his side.
He said that his side realized as
much as the other the necessity of
and they stood willing to cooperate
in placing at the disposal of the gov
eminent every material aid for the
prosecution of the war to a success
Ful and speedy termination. There
would be no difference in opinion that
The government should be abundantly 7
provided with revenue. But said he,
the minority would not be either led
)r driven into the support of measures
which commended themselves neither
o their conscience nor judgment. They
reserved the right to oppose the meas !
Tres by which the majority proposed {
o provide the war fund.
BANK TAX OMITTED.
Mr.. Bailey spoke with a trace of bit I
erness at the treatment the minority {
lad received at the hands OF the ma t
ority. The chairman of the ways and '
means committee had said the pending I
ill followed closely the system of war c
axation which obtained at the close /
# the civil war. That system, Mr. G
Bailey said, had been followed in re-
pect to those taxes which fell most +
leavily upon the producing and con- +
uming classes. Beer, tobacco and S
ther articles were taxed, but in one t
aspect, in his opinion utterly indie r
ensible, the system in vogue at the t
nd of the civil war had been dis t
arded. The tax on bank capital and S
ank deposits was omitted. At one s
roduce S10,0 GOO. If there was one
pacies of property above all others f
hat ought to be the subject of extra C
ri1inary taxation, it was bank demos C
IS, the only form of property owned f
y one class which was used by an S
Their. There were in the banks of the
United States s1,70O,000,000 of deposits. t
FAIR OFFER.
Proceeding with his criticism of this S
nd some other features of the bill o