The age-herald., 1899-02-10
CANNON SOUNDS
 NOTE OF WARNING Against EXtraVaSant Appropriations on
 the Part of Congress. THE NICARAGUA CANAL BILL Nor Ship Subsidy Bill Wlli Be Allowed
 to Pass.
 
BOND ISSUE WILL BE THE RESULT
If Congress Does Not Show Economy in Appropriating Funds From the Public Treasury-His Speech
 Was Notable One.

Washington, February 9.-Chairman Can- non, of the appropriations committee of the house, in the course of the general debate on tho sundry civil bill, today sounded a note of warning against extravagant appro- priations and practically served notice that neither the ship subsidy bill nor the Nc- aragua canal bill could be passed at this session.
 Although ie specifically dlsclaimed speak, ing for any one but himself, the statements he made, coming from the chairman of the appropriations committee, caused great in- terest Mr. Cannon made a general state ment of the revenues and expenditures for the present fiscal year, increasing Secre- tary Cages estimate. of the deficiency in the revenues from $112,0o0,000 to $l59.0OO,00O, eX- elusive of the $20,00OO0O to be paid to Spain under the provisions of the treaty of Paris
 Mr GrosVenor of Ohio, MT. Hepburn or Iowa and MT. w. A. Smith of Michigan, al tho igh they did not enter into any lengthy discussion, took issue with MT. Cannon but he maintained that our revenues might be sufficient to meet our expenditures for the next two years if no new expenditures were entered upon.
 Might N can Bond Issue
 But he indicated that 1t would be close margin and that new expenditures might mean new bond issue.
 MT. Cannon's speech was in every way a notable one, and doubtless will furnish the text for good deal of discussion dur ing the remainder of the session. The gen. era debate on the sundry civil bill was not concluded today. Before it was taken up quite number of minor bills were passed by unanmuos consent
 A the opening of the session a bill to amend the war revenue act was passed, pro, iding that when a bond or note was secured by a mortgage, but one stamp should be fixed, of the higher rate due on sulf. instruments.
 MT. Hopkins, republican, of Illinois, on behalf of the ways and means committee, explained that the bill was to prevent double taxation.
 Mr. McRae, (dem) of Arkansas, called attention to the fact that in the case of leases there was a double burden, which should be corrected.
 ''Now that the war is over and the peace treaty has been ratifd," asked MT. Sulzer, (dem.) of New York of MT. Hopkins, "how long are the people to be burdened with these war taxes?'
 That question is not pertinent to this issue" replied Mir Hopkins.
 Answer me, please, insisted Mr. Sulzer.
 Refused 10 Answer Su1zer
 "I am not on the witness stand,' re- sponded MT. Hopkins, waving MT. Sulzer aside.
 Bills were passed to grant to the Fort Smith and Wabash Railroad company a right of way through the Choctaw and Cherokee Indian reservations; to grant a right of way through the Nezperces reser- vation in the state of Idaho; to permit homesteaders in Florida driven from their homes by the storm of September, 1896, to return within one year and perfect title to their homesteads; to construct bridge across the Monongahela river at Morgan town, w. Va.
 To remove the disability of ex-confeder- ates which prevent them from sitting on federal, petit and grand juries, 0his was the last of the political disabilities of ex- confederates to be removed) and for the relief of the heirs of the late Edwin De Leon, consul-general to Egypt
 The house then went into executive com mttee of the whole and took up the con- sideration of the sundry civil appropria- tion bill Mr. Cannon rep.) of Illinois, in charge of the measure made a general
 
 Bill Carries S6.,4ss,IOI
 It carries $62, ,42S ,101, but $2O 900 is for payment to Spain to carry out the provis- ions of the Paris treaty. Exclusive of that the bill carries $s,095,75S less than the esti- mates and $5,929,311 less than the current law
 In connection with the bill MT. Cannon made a general statement as to the condi- tions of the revenues. The secretary of the treasury in October last, Mr. Cannon said, had estimated the deficiency of the reve- nues for the fiscal year ending July 1, 1899, to be l22,000,000, or a monthly average of $9,3S3,0 ,00O In his judgment in the light of the receipts and expenditures for the first seven months thus estimated, the deficiency was too low. The actual deficiency up to February 1, 1899, was S93, ,f51 ,0O9, an average of s13, ,907 900 per month. At this rate the deficiency for the fiscal year would be $15900 900. But this would not include the S20, ,000, 900 provided by the bill to carry out the provisions of the Paris treaty. The cash balance in the treasury February l. Including the 0O,oO0,Ooo gold reserve, was $274, GOO.
 The hundred million of that had been put into the revenues by the war loan. Deduct ing the monthly statements in the de- ficiency for the next five months there was, he said, in the treasury July l. $208 000, ,0OO This was 0 conservative estimate. There would be, therefore $10S,O00,OO0 to meet the ordinary expenses of the government xn that date These figures, he continued, took no account of the sinking fund. To care for it would require $53OOO,O0O additional
 Intense Interest Manifested
 As MT. Cannon proceeded the most in- tense interest was manifested in his state ment. The secretary of the treasury esti- mated the expenditures for the next fiscal year, exclusive of the sinking fund, he said, at s641 ,O0O, ,000 and the revenues at s6i00 0000,- GOO, or a deficiency of $31,000.000. Yet, MT. Cannon continued, Secretary Gage could not possibly hace foreseen in