Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1903-04-07

Washington, D. c.. April l, 1903
The date practically agreed upon for
the calling of the extra session of Con-
gress is November 9th, Immediately
following the fal! elections. This is
the statement made by the President
to certain Senators. An effort will be
made probably to confine action to the
Cuban Treaty. It goes without saying
that there will be strong opposition to
this measure, as strong as there has
been at any time. and the opposition
will seak to encompass its defeat by
bringing in the entire tariff question.
The House will have a Republican ma
jority of thirty, which is nine less than
it had in the last Congress. Even II
the new House adopts the Reed rules
and the treaty is forced through with
out debate. nothing can prevent long
and wearisome discussion in the Sen
ate and it is understood that many Of
the Senators who apparently acqui-
esced in the treaty this March will be
heard from in November at no little
length.
o.
During his trip West the President
climbed up into the engine attached
to his special train and took q I'll
over the mountains Of some so miles.
He remarked to the engine crew that
being a member of the Brotherhood Of
Locomotive Firemen he ought to take
his turn at feeding the furnace.
o.
The Hon. Wayne Maceagh has been
selected as the representative of the
United States before the Hague Tri-
bunal in the Venezuelan dispute. The
appointment of a statesman Of Mr..
Macveagh's wide experience and nota-
BILE qualities indicates that the United
States expects to take q prominent
part In these deliberations. The main
question, it Is presumed. is over the
claim that England. Germany and
Italy by virtue Of bulldozing and bonn.
bardment have established a claim Of
preference owe other Venezuelan cred.
TORS who contented themselves with
peaceful coercive asu
~
1t is q well-knOwn fact that invest
ments made in Central and South
American Republics are long risks and
excessive rates of interest and profit
are demanded. European interests in.
vesting In Venezuela have practically
assumed the role Of noteshavers and
nothing less, accepting such security
as Venezuela was able to Offer. It is
now q question whether the European
powers can with propriety come down
and exact full payment. interest and
principal several times over. the same
as though investments had been made
upon a six per cent basis: When note
and pawnbrokers in our own country
who lend money at usurious rates on
insufficient security are bitten the re.
cital Of their disappointment greed
simply evokes the remark good
enough for him."
~
The United States will be heard
from further regarding the Venezuelan
matters. President Roosevelt first in.
sists and to the discontinue Of the
European powers, upon the reference
OF the issue to the Hague Tribunal,
and next he chooses for our repre-.
sentative Hon. Wayne Macveagh than
whom there is no more astute or bet.
ter qualified statesman and lawyer.
o.
Some of the Eastern papers are ex.
pressing alarm and II told you Sos
e the prospects Of the irrigation
OF the western lands by the Govern.
ment Is going to cost more per acre
than was indicated by assessmenta
and statements made during the dis
cussion Of the irrigation bill. This ID
needless fear in view Of the fact that
the money IL all to come back to the
government. II q certain dam and
ditch costs . million dollars and pro