El Paso daily herald. (El Paso, Tex.) 1881-1901, 1900-12-08

Enormous Gold Reserve.
BYD. OF.)
| special Correspondence Of the Herald.
WASHINGTON, Dec. 2-At the
present moment, Mr.. Mckinley is in
the white house thinking over his mes
sage for Monday and wondering wheth-
er or no to put in a trust plank.
| Speaker Henderson it at the capitol
brooding over the house committees
like the tabled hen which the boy set
on hundred eggs-"not," as he ex,
planned, with the idea that she could
cover them all but merely to see her
spread herself" Representative Hull
and Gen. Miles are comforting over
the army bill in the effort to see what
| they can agree upon while Livingston
of Georgia and a select committee of
democrats are also scanning 1t with
a view to finding what they can dis
agree on: Senator Hanna is hustling
around in the advocacy of the ship SUBJ
sidy bill and incidentally Growing over
his victory at the expense of Senator
Pettigrew; President Hutin of the Pa
mama canal outfit is lobbying therefor:
Minister Corea of Nicaragua is point
ing out the manifest absurdity of his
claims; so is Senator Morgan; the
beer, tea and tobacco people are trying
to convince the ways and means COM
mittee that bank checks are the natur-
al things to tax while the bankers
and brokers are talking just the other
way around: and generally most ev-
erybody is busy. Nearly all the con-
gressmen are back with their wives
and their sisters and their cousins and
their aunts-real. step and -in-law;
so are their secretaries, and so are
their more miscellaneous hangers on.
Outside the streets seem almost
crowded at times.
The Work Before Congress.
Enough work has been laid out for
the coming short session to do for
two long ones and much more than
there is any chance of completing. If
would be bankrupt. There are four
teen appropriation bills which must
be passed-in themselves enough to
fill up the time between now and in
auguration; the army bill must be dis
posed of in some way since the present
legislation expires by limitation next
July: and there is universal agreement
to try and put the canal bill through.
In the senate. the Nicaragua canal bill
is special order for December 10.
Ship subsidies are up for discussion
and every representative has speech
ready: some have two. The reduc-
tions in the war taxes will also prove
nucleus for much talk. The demo-
Gratis are figuring on demanding an
entire repeal. The senate seems dis
posed to make heavy cut. The river
and harbor bill will bring on the usual
amount of acrimony. Fortunately the
house cant discuss all of them at once.
The Nicaragua Canal Treaty.
Secretary Hay and Minister Corea.
signed treaty today in which Nicar-
aqua does all in her power to secure
the building of the canal. We acquire
the exclusive right to dig and police
the canal. Nicaragua binding herself to
get rid of any outstanding treaties or
franchises which would interfere with
the work. A similar arrangement al
ready exists with Costa Rica. which
owns the right bank of the San Juan
river. a necessary part of the route.
On the other hand, Colombia is also in
the market and offers to concede what
ever Nicaragua and Costa Rica will
so far as she can consistently with
existing rights of the French COM
pany-if only we will build at Panama.
However this is large limitation. The
two corporations which have success
sively made a bluff at working at
Panama. have made whole lot of
stockholders money disappear some
how and they must have acquired some
rights. Congress apparently leans to
Nicaragua as much on this basis as
any other. While a cute country at
torney may be apie to afford buying
real estate with a flaw in the title. I'm
Gle Sam can't.
The Chinese Middle.
The Kentucky is bound in Turkey
and Morocco by diplomatic exigen-
cies-and much good it's likely to do
| us-but the state department would
| like to get her out on the China sta
ton as quick as possible. Although
not much is being said in print, mat
| tiers out there are coming to focus and
something will drop soon. The pre-
ternatural harmony among the allies
| is not able to stand comparative peace
hussia and France have entered into a
sort of agreement to freeze out the
other powers-of whom we are which.
| The heather Chinee never knows any
| thing except what he sees, and the
Franco-Russian combination has gone
| to work to let him see quite distinctly
that they are 1T from Itville, while
| the rest of us are merely accessories
From the highest point in Pekin orig
inally hung a string of flags, repre-
senting all the allied nations. One
night the American and British flags
mysteriously disappeared while high
above the remaining banners was
floating a new one; an ingenious COM
bination of the French tricolor and
the Russian emblem. And this is a
mere instance; the same type of thing