New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-04-26
4 SCHJVAB LETTER READ.
Senators Deny That Rails Can BE
Sold for $40 q Ton

washington. April 25-Tn the Senate this after
noon. Mr.. Penrose submitted a conference report
on the POstofice Appropriation bill. which went
until tomorrow.
Mr. McCumber called up his resolution for the
revision of the pension laws Mr.. GaIlinger ss'd
that a revision now under way by a commits
sion OF competent persons and another revision
would require unnecessary work
why IS It necessary for Congress 10 do any
labor on pension affairs?" asked Mr.. Bailey. why
not leave Il all the Secretary OF the Interior,
and let him run by executive order in the future
as he has in the past2"
The resol ttiou went TO tho calendar without
action Mr.. Bacon spoke Mr.. Delivers
luton on the question OF the capital invested in
trust" combination, in comparison with invest
ments Of independent individuals firms. He
took issue with Mr.. Dover in the statement. as
Mr. Bacon construed It, that evidence OF good
trust the fact that the trust still alive
In speaking Of the fate OF his resolutions calling
on tbs Secretary of Commerce and Labor FOR
tain trust" 'anti-trust' information. Mr. Bacon
said it sufficient notice to him that tho resolu-
lions would not be adopted when Mr. Aldrch
asked to have them go TO the Committee
Finance "for know that the Senator from Rhode
Island is mouthpiece OF his party in the Senate
on all matters OF tariff" he added.
Mr. Aldrich said he had made the motion for the
purpose of putting the resolutions "ln of
shape"
Mr. Bacon continued to discuss the sale in for
eign countries of American products at less price
than the same products sold in the United
States He said he would give concrete illustra-
tons and proceeded to speak Of sewing machines
sold in the United States at SO and at SIS in Eng
can the Senator give the Of the COM
pany?" asked Mr. Aldrch. He has said he would
II can give the name, and later will do So
Mr.. Bacon then read letter from Charles NJ.
schwab TO H; c. I'rick giving the cost OF manu-,
that the trust" needed no projection against Eng
co Sh s he sod at 6ro ct SIG 6G a fS
1T will be very difficult to convince pig iron
have been receiving SIS and $50 their iron. said
Mr.. Aldrich. that the statement is correct
That is information given by Mr.. Schwab in n
II don't care how private it is" exclaimed Mr.
Aldrch; ''he can be mistaken 3 well any
else What he states there Is absolutely untrue and
Mr. GalIinger said that Mr. Schwab had not al
Mr. Aldrich declared Mr. schwab's letter to be
merely part Of stock jobbing affair. to which
Mr.. Bailey replied chat Mr. Schwab is as reputa-
bic and truthful as any man VINO ever h!ched
money from the pockets Of the people through a
protective tariff"
the head and front OF the steel industry. and
therefore spoke by authority.
The General Deficiency Appropriation bill was
sent to conference with Messrs. Hale Allison and
The Military Academy Appropriation bill was
taken up and Mr. Hale made q point of order
against the amendment for the reorganization OF
The medical and ordnance departments of the army
He said that putting the provision in the Academy
bill extraordinary proceeding.
Mr.. Warren defended the proposed change as
harmony with other changes in the War Depart
ment.
memory of the late Representative Charles w.
Thompson of Alabama. Eulogies were delivered by
tus. The Senate then. as further mark OF re-
spect. at $50 p. m adjourned -
the Senate tomorrow on the foreign relations OF
the United States