The San Francisco call. [volume], December 27, 1895, Page 2, Image 2

About The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913

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2
WORK OF THE WINDS
Spread of the Big Storm
Throughout Eastern
Sections.
A PANIC AT A CHURCH.
During a Christmas Celebration
a Portion of the Roof Was
Blown Away.
MANY PEOPLE WERE INJURED.
Unusually Heavy Rains Block Traffic
in Many Portions of the
Country.
PHILADELPHIA, Pa., Dec. 26.— The
li;«;li wind that accompanied to-night's
rainstorm nearly caused a terrible disaster
at the Mariners' Bethel Church, at Front
and Union streets. A Christmas-tree
celebration was being held at the church
and the little building was packed with
about (JOO peopie, many of whom were
children.
Just before 10 o'clock the merry partici
pants in the festival were startled by what
sounded like a heavy blow on the roof
above their heads. The noise was followed
by falling bricks and mortar, and in the
efforts to escape from the impending
dancer a wild panic ensued among the
people in the church.
A rush was made for the single exit, and
women and children were trampled under
foot by the stronger in the rush for safety.
About half of the people succeeded in get
ting out of the church before some of the
cooler head? in the crowd pacified the
fears of the panic-Mruken people.
Although a number of people were
knocked down in the flight from the
church and a number of others were cut
by the falling bricks and mortar, no one
was very seriously hurt. An examination
of the cause of the panic showed that
about half of the roof of the building had
been lifted off by the wind.
PITTSKrnt;,'PA. Dec. L'tT.— One of the
worst storms in a long time for telegraph
and telephone companies in this vicinity
: over Pitteburg and Western Penn
sylvania. Wires are down in all directions
and communication with the East is badly
impaired. Rain began here early in the
afternoon ana the downpour gradually in
creaseu until about 8 o'clock to-night.
High winds also prevailed, which played
sad havoc with the telegraph wires.
The storm seems to have been at its
worst east of Pitteburg. Near Hopewell
on the Hnntington and Broad Top Rail
way a tree was blown down across the rail
road track. A train crashed into the ob- J
struction and a railroad foreman was
killed. The rain has now ceased, but snow
is falling. The signal station here has had
no communication with points east of
Pittsbnrg up to 9:;r> o'clock to-night.
NEW YORK. N. V., Dec. 26.— About 9
o'clock to-night this city was visited by an
unusually heavy wind and rain rorm.
The velocity of the wind continued to in
crease gradually up to about 10:30 o'clock,
when the registers in the weather bureau
indicated that the wind was blowing at
the rate of six'y miles an hour. At that
hour the rain feil in torrents and the
s-treots were wholly deserted. Up to a late
hour there were but few accidents re
ported, and they were of a trifling
character.
INDIANAPOLIS, Ixn.. Dec. 26.— The
worst blizzard that ever visited this
vicinity struck the city early this morning.
It has continued with increasing violence
ever since, until now the streets are almost
impassable and telephone and electric
wires are one tangled mass.
There is not a telephone in working or
der. One horse was killed and several per
sons knocked senseless by coming in con
tact with large wires.
Large gangs of men are trying to get ac
cess of the streets, but the storm is increas
ing in force and bids fair to ieave the city
without electric light. The damage to the
telephone company is enormous.
JEFFERSON CITY, Mo., Dec. 26.— The
Gasconade and Osage rivers are falling
and the situation is more encouraging.
No estimate of the loss to farmers has
leen made yet. In some districts the
floods have left desolation and destitution.
Aionc the Osage and Moreau valleys the
crops were almost entirely ruined and
there is much distress.
At Bagnell the Osage is still thiee miles
wide and no train has been able to get
within a mile and a half of the town for
four days. Only the roofs of the highest
buildings can be seen in Tuscumbia, which
is almost entirely submerged. The proo
erty loss has been exceedingly heavy.
NOBLESVILLE, Ind., Dec. 26.— A furi
ous snowstorm has raged here since last
midnight. The snow is wet, sticking to
and breaking off the tops of trees and im
peding travel general iv.
BAN ANGELO, Tex., Dec. 26.-News
reached here this afternoon of a dieaster in
which several lives were lost and much
property destroyed last Tuesday night.
The wind and rainstorm which swept over
Western Texas assumed the fierceness of a
hurricane.
At Is an ini bricks' ranch, near Sterling
City, on a branch of the Concbo River,
about sixty miles northwest of this place,
Ortano Cardez, his wife and daughter,
lived in a cabin, and Juan Yergas and
Elimo Dealto, two herders, boarded with
Ihem. The cabin was wrecked and blown
into the stream and the rive occupants
were drowned.
Two miles farther down the river Al
berto Jardin and Pedro Sard is were j
drowned while trying to escape from a
sudden rise in the Concho. The storm
coming on suddenly in the night, the vic
tims had no warning and could not pro
tect themselves. The whole country in
the Concho valley is overflowed and many
sheep and cattle have been drowned.
ISniCTMJSSTS DISMISSED.
Some of the Jftu) York Police Egcape
Prosecution.
NEW YORK, N. V., Dec. 26.-In the
Court of Oyer and Terminer this morning
indictments against a number of members
of the police department which were found
as a result of disclosures before the Lexow
Committee were dismissed. The men
against whom indictments were found and
which were dismissed to-day were: For
■ mer Captain Michael J. Murphy, dead;
Sergeants George G. Liebers, Hugh Clark,
CnarJes' A. Parkerson and James W. Jor
dan; Wardmen John lioch, Bernard Mee
han, Jeremiah S. Levy arid George Smith,
and Roundsmen Michael A. Dows and
John Kenny and A. S. Larkin. The others,
Colonel Fellows said, would be brought to
tiial speedily.
KILL DOOLIN IS BOLD.
Will Only Surrender Upon His Own
Terms.
PERRY, O. T., Dec. 26.— 8i1l Doolin,
the only remaining member of the old
Dalton gang, was in Perry last night, so
men who know him say, and his object in
coming here was, it is said, to surrender to
Deputy Marshal Steve Burke. The plan
fell through, however, and he rode out of
town. A large force of marshals is here
to-day, and unless Doolin can get terms to
suit him no arrest will be made. Doolin
was accompanied by three comrades, one
of whom is said to have been Bill Carr,
who is wanted at Oklahoma City for the
murder of Chief of Police Jones and who
recently skipped his bond.
There is a large reward out for Carr, and
there is said to be a reward of $6000 for the
arrest' of Bill Doolin. Deputy Sheriff
Burke says Doolin will be under arrest
soon.
MORRILL IOR TEMPERANCE.
Kansas' Governor Favors State Control
of Saloons.
TOPKKA, Kan., Dec. 26.— While Gov
ernor Morrill is very mucb of a Republican
in most everything he is quite a Populist
when it comes to the solution of the
temperance ques tion. He favors State
control of the liquor traffic.
In an interview to-day the Governor
declared that he was an enemy of the open
saloon and did not want to be understood
as opposing the work of the temperance
society. He simply believed that State
control of the liquor traffic would bring
better results for the temperance cause
than prohibition. "If 1 have occasion to
make another temperance speech," the
Governor added, "1 will talk for State con
trol."
HOWARD FOR PRESIDENT.
An Interesting Petition Sent Out
by Friends of the Chris
tian Soldier.
Grand Army Men Asked to Assist in
the Movement to Boom the
General.
WASHINGTON, D. C, Dec. 26.— A pe
tition of some interest has been sent to
the Grand Army officials of the district in
favor of General O. O. Howard for Presi
dent. His name was suggested by Rev. A.
B. Deming of Oakland, Cal., in a recent
sermon, and petitions have been sent out
to clergymen and Grand Army men for
their signatures and pledges of support at
the polls if General Howard should be
nominated.
The heading of the petitions exliorts the
enrollment and organization ot all the
friends of General Howard into legions in
every ward, election and school district of
every State immediately. California le
gions are requested to send their lists of
officers to Mr. Deming, and to procure
from him campaign documents. When
the petitions are filled a request is made
that they be sent to General Howard at
Burlington, Yt. General Howard is char
acterized in the preamble as one of the Na
tion's competent, loyal and worthy citi
zens. He is further denominated in the
preamble as the first choice of God's peo
ple for the Presidency of the United States
in 1896.
The Grand Army posts of the District
are not allowed by their by-laws to indorse
any candidate or office-holder, and no ac
tion was taken concerning the petition.
It may, however, be circulated among the
veterans for their signatures and also
among the churches, especially the Con
gregaiionai, as General Howard is of that
faith and is particularly popular with Con
gregational people.
Some argument has been made by per
sons, not politicians, that General Howard
might be a dark horse and would have a
fighting chance if Mr. Reed could not
secure the nomination, in tne fact that he
is himself a Maine man and had com
manded a Maine regiment at the battle of
Bull Run.
AX IMMENSE CAFE.
It Promises to Surpass All Others in
Kentucky.
BOWLING GREEN, Ky., Dec. 26.— The
section of country lying north of this
place, famous for its immense caverns,
has yielded another cave which promises
to far surpass any that has previously
been discovered, the Mammoth cave noj
excepted. The entrance to the newly dis
covered cavern is in Edmonson County,
and only two miles from ttie Mammoth.
It is called "Colossal Cave."
Nothing of the interior of this cave was
known until recently, and it has as yet
been only partially explored. Exploring
parties have entered it for upward of
twelve miles without finding the end, and
they met with new and varied attractions
at every step. One of the most curious
formations is in the shape of a gigantic
piano in Floral Hall. It is perfect in form
ana emits a musical sound. The walls of
many of the chambers and avenues are as
smooth as a slate, and gorgeously and
beautifully colored in many hues.
MINORITY ASSIGNMENTS.
Call of a Caucus of Democratic Members
of the Senate.
WASHINGTON, D. C. Dec. 26.— Senator
Gorman has issued a call for a caucus of
the Democratic members of the Senate to
be held to-morrow morning at 11 o'clock
for the purpose of acting upon the report
of the committee charged with the duty of
filling the vacancies on the committees
and making the minority assignments.
All the assignments to the important com
mittees have been given in previous United
Press dispatches.
The Republicans have acquiesced in an
understanding that reorganization shall
not be operative until January 1, inasmuch
as all employed have been paid for the
present month and endiess confusion
would result from an immediate transfer.
' The Kentucky Senatorshtp.
FRANKFORT, Ky., Dec. 26.— The sev
eral candidates for Senator on both the
Democratic and Republican tickets are ex
pected here to-morrow. All the candi
dates have selected their headquarters and
will have lieutenants at the various hotels
and boarding-houses where the members
expect to stop. It is believed the Republi
can nomination is about an />qual chance
between Hunter. Holt and Wilson and is
by no means settled.
To Purchase Granite Ouarrie*.
NEW YORK, N. V., Dec. 28L—Arrange
ments are being made to form a big stock
company for the purchase of all the lead
ing granite quarries of Vermont. At pres
ent the plan of consolidation includes only
the Vermont quarries, but, if successful.it
may be expected to extend to the quarries
in Rhode Island, Massachusetts, Maine
and N*W Hampshire.
Jieaten With a, Clttb.
JALAPA, Mex., Dec. 26.— A. H. Woods,
superintendent of the Mexican Inter-
oceanic Railway, was attacked by a dis
charged station agent last night near Paler
and probably latally injured. He was
beaten with a club and would have been
killed outright but for the interference of
the police officers.
THE SAN FRANCISCO CALL, FRIDAY, DECEMBER 27, 1895.
WILL RAISE REVENUES
Continued from First Page.
States refuse to vote for tbis bill? You
have been crying year after year for a tariff
for revenue with incidental protection, and
this is your time. We give it to you as a
necessary measure. We give it to you to
increase the revenue. We give it to your
President and your Secretary of the Treas
ury to help lift the treasury out of the
bankrupt condition which it seems to be
the fate of every Democratic administra
tion that ever had full control of the Gov
ernment to get it into, from the time of
Monroe to the time of Grover Cleveland.
[Loud applause from Republican ranks
and from the galleries.]
Dalzeli (R.) of Pennsylvania, a member
of the Committee on Ways and Means,
repeated what he had said in the discus
sion as to the rule that the pending meas
ure was in no sense a protective tariff bill,
or a revision of the tariff, or an attempt to
correct tariff irregularities, but was simply
an emergenc}' revenue measure, matured
in haste under the whip and spur of a
pressing and cruel necessity. When passed
it would be a conspicuous tribute to the
patriotism of the Republican party rising
above party prejudice at the summons of
a Democratic President. Believing that
the cause of the trouble was the lack of
revenue, the Committee of Ways and
Means had responded to the President's
appeal for aid. He trusted that when the
bill went to the Seriate it. would find xte
publican support there, and that when it
went to the President he would do that
which patriotism demanded and that the
bill would become a law for the immediate
relief of the country.
"And then," he said, "a year hence
when a succession to the two tidal waves
that have already swept the land shall
sweep some great Republican leader into
the White House and give us a Republican
Senate and House, we will frame a tariff
bill that will be in the interest of America
for Americans." [Applause on the Repub
lican siue and in the galleries.]
Bell (Pop.) of Colorado did not believe
that the remedy for the trouble was in
increasing taxation, but in the coinage of
silver bullion in the treasury and paying
it out.
Dockery (D.) of Missouri argued against
the bill.
Hop Kins (R.) of Illinois argued in favor
of its passage. He asked why the Demo
crats, if they did not like that remedy, had
not provided a remedy of their own.
Grosvenor (R.) of Ohio said that he
gave his support to the pending measure
because it was a revenue measure, and
because it was demanded oy the message
of the President. If it were not so de
manded, then the President was guilty of
an assault on the integrity of the treasury
—a charge which he could not lay at the
door of an American President.
The discussion was ended for the oppo
nents of the bill by Turner (D.)of Georgia.
The administration of President Harrison,
he said, came into power with a surplus in
the treasury over the gold reserve of
$243,000,000. It turned over to the present
administration four years later a surplus
of $62,000,000, of which $54,000,000 belonged
to the fund deposited in the treasury for
the redemption of greenbacks. The Sec
retary of the Treasury had hoped, as had
been stated, to issue bonds to protect the
gold reserve and to meet deficiencies in
revenue. It was under these embarrass
ing conditions the Democrats returned to
power in 1893. That party said the remedy
for that situation was not to raise taxes,
but to lower them, and it went forward
courageously and passed a law putting
that principle into operation. Under that
bill wages went up from New England to
California, and exportations from the
United States had actually increased.
There lay behind the bill, he said, a mo
tive which was not apparent on its face. It
spoke with a sort of popgun report upon
one or two articles in the tariff bill. The
Republicans should, Turner said, send an
apoiogy to W. M. Springer amid the In
dians, where he is now located. [Laugh
ter.] "A resclution of thanks," he said,
"was also due to the Democratic party for
furnishing the planK upon which the bill
was framed — a tariff for revenue only."
Turner said he was informed that no
amendments could be offered to the bill.
If that privilege were open to him he
might utilize it to suggest that no tariff
iaw now on the statute book took effect on
August 27, 1894, as recited in the bill. The
so-called Wilson bill, he said, became a
law on the 28th day of August, 1894. That
was a sample, he said, of the hostility and
carelessness with which it had been pre
pared. For his part, he said in conclusion,
he would prefer to lower than to raise
taxes. [Applause.]
• Arnold (R.) of Pennsylvania and Knox
(R.) of Massachusetts spoke briefly in sup
port of the bill.
Dolliver (It.) of lowa, closing the de
bate, said:
"There is much in what the gentleman
from Georgia (Turner) said as to the hurry
and anxiety with which this bill has been
prepared. He ought not, however, even
in the midst of such remarks that he has
made to the House, to lay upon the ma
jority of the Committee on Ways and
Means any responsibility for such a blun
der in the date of the act of 1894 as that to
which he haa called the attention of the
House. The act of 1894, for reasons which
the Democratic party ought to appre
ciate, was not signed by the President of
the United States, and it appears upon the
statutes at large without the signature of
the President, with the annotation at the
beginning of it that the date of it is
August 27, 1894. [Applause.] If that is
not the true date of the act of 1894, it only
indicates that the State Department is
mixed up with the general incompetency
that has marked the present administra
tion."
Turner — It only shows that my friend
did not thoroughly investigate the subject
for himself.
Dolliver — I understand that if we cannot
rely upo^n the statute at large, printed by
a Democratic Secretary of State, where on
God' 9 footstool ought we to go for informa
tion unless to the Secretary of the Treas
ury? [Laughter.]
"Now, the gentleman aays," continued
Dolliver, "that notwithstanding all we
have seen, and know, we are in the midst
of a general revival of prosperity, that
wages have increased in all parts of the
country and that all these blessings we
owe to the tariff law of 1894. I don't Dropose
to enter into a controversy on the subject
of protection. Everybody must judge that
for himself; but i do say that my Demo
cratic friend from Georgia (Turner) ought
10 be very careful about attributing any
great amount of American prosperity to
the operation of the law of 1894. If the
American people can be persuaded of that
it will do more to popularize 'perfidy and
dishonor' 1 than anything that has ever
happened in this world. [Laughter.]
"My friend asks the Republican majority
why we do not bring in a general tariff law
(and he refers to the leadership of this
House as wanting in courage), but the
le9dership of this House can always be re
lied ou not to 'fight as one that beateth
the air.' Why, we know and everybody
knows, that a general Republican tariff
law cannot be enacted by this Congress.
We do not know that the President would
not sign the present bill. Does my friend
speak by some commission when he says
that the administration declines this re
lief? We have the best reason for know
ing that this law will please the present
chief magistrate. W r e had a letter from
the President in the last session of Con
gress which contains evidence that he will
sign this law restoring a reasonable reve
nue duty upon wool.
"With atl his eloquence and all his
ability the gentleman from Georgia
cannot explain how this fifth agri
cultural interest of this countW was
put on the free list, while 60 per cent
of the McKinley law was retained upon
iron ore. There is one thing that we
all ought to be agreed upon whatever else
we are divided about, and that is that the
treasury of the United States should no
longer be left at the mercy of the organ
ized avarice of the world, without money
to pay or power to borrow, or means for
increasing the public revenues, and so, Mr.
Speaker, closing this debate, I appeal to
the patriotic sentiment that may still be
supposed to reside in the Democratic
breast to come to the level to which the
Republican party has come in offering
upon revenue principles a measure to re
lieve the embarrassment and distress of
the treasury of the United States." [Ap
plause.]
The bill was read a third time, and o n
the question of its passage the ayes and
noes were called, resulting: Ayes 205,
noes 81.
The vote was on strict party lines, the
Populists votinc with the Democrats
against the bill. Newlands (silver) of Ne
vada voted aye.
Cannon (R.) of Utah offered a joint res
olution, which was passed, calling upon
the Governor and Secretary of the Terri
tory of Utah to turn over to the Governor
and Secretary of the State of Utah, upon
the issuance of the executive proclamation
announcing its admission to the Union,
all the public property in their possession,
Including that of the Utah Commission.
Under cover of debating the resolution
Bailey (D.) of Texas had read what he
described as a substitute for the bill to be
presented reported by the Committee on
Ways and Means. It directed the Secre
tary of the Treasury to coin all the silver
bullion now in the treasury purchased un
der the Sherman act of 1890 into standard
dollars and with them to redeem the notes
issued under that law.
At 5:40 o'clock the House, on motion
by Dingley (R.) of Maine, adjourned.
MUST INCREASE REVENUES.
Report of the Ways and /leans Com
mittee on Finances.
WASHINGTON, D. C.Dec. 26.— The bills
introduced by Dingley were accompanied
by the following reports:
"The Committee on Ways and Means to
whom was referred so much of the Presi
dent's annual message and so much of the
annual report of the Secretary of the Treas
ury as relates to revenue and the condition
of the treasury, and also the President's
special message presenting the urgency of
immediate action of Congress in a direc
tion calculated to bring relief, report that
the committee appreciates the seriousness
of the situation and the importance of
prompt remedies so far as Congress can
give them.
"Your committee regards the chronic
deficiency of revenue for the past two
years and a half as a most potent cause of
the difficulties which the treasury has en
countered, and an important factor in the
creation and promotion of that serious dis
trust which has paralyzed business and
dangerously shaken confidence even in the
financial operations of the Government.
It is a3 impossible for a Government to
have a continuous deficiency of revenue
for two years and a half without affecting
its financial .standing as it is for an indi
vidual. It is impossible also for a Govern
ment to continue in this condition without
casting a shadow of doubt and discourage
ment over all business operations within
its borders.
"The serious fact which we are called
upon to confront is that in the two and a
half years that have elapsed since July 1,
1893, this Government has had an insuffi
ciency of revenue to meet current expend
itures amounting in the aggregate to $13-V
000,000. And even in the first half of the
present tiscal year the deficiency will reach
about $20,000,000 and about XI^OtiO.OOO in
this present month. And up to the pres
ent time there is no sulliciebt ground for
opining that this insufficiency of revenue
will not continue during the remainder of
the fiscal year, and how much longer no
one can safely predict.
"If the consequences of such a chronic
deficiency were only the necessity of bor
rowing money to meet current expenses in
time of peace, even this would afford
abundant reason for increasing the reve
nue. Bu t the consequences are more wide
reaching than that. Insufficiency of reve
nue has made it necessary to use the
redeemed United btates legal tender notes
to pay current expenditures, aud thus to
supply additional means to draw gold from
the greenback redemption fund — in short,
to create the 'endless chain' of which the
Secretary of the Treasury complains, and
which has maae it necessary to sell issue
after issue of bonds to replenish the re
serve.
"This will be clearly seen when it is re
membered that the Becretary of the Treas
ury has issued and sold a little over $152,
--000,000 of|s per cent ten-year and 4 per cei.t
thirty-year bonds, from which he has real
ized about $182,000,000, and after redeem
ing about $1*2,000,000 of United States
legal tender notes with the proceeds he
has been obliged to immediately pay out
$133,000,000 of these demand notes to meet
current expenditures, and thus has fur
nished $i:}.'i,ooo,ooo of governmental de
mand notes to be again and again used to
draw gold from the treasury.
"It is evident that so long as there is in
sufficient revenue thjs performance will go
on, and bond sale after bond sale will be
required. It is also evident that if there
had been a sufficiency of revenue these re
deemed legal tender notes would not have
been paid out at once, and there would
have been so much the less opportunity to
draw gold froni the treasury.
"Indeed, there is good reason to believe
that if in the first six months of the dis
trust wnich inaugurated the run on the
redemption fund the treasury had been
receiving revenue more than adequate to
meet expenditures, so as to temporarily
hold the redeemed Government notes, the
disposition to present these notes for re
demption would 83on have been overcome.
"That would have undoubtedly been the
case if the redemption fund had been in
creased in the spring of 1893 and never
he allowed to fall below the $100,000,000
minimum mark, and the necessity for
more revenue from the point of view of
maintenance of the redemption fund is not
taken away by the fact that we have $50,
--000,000 of cash in the treasury in addition
to the $100,000,000 (part gold) required for
the redemption fund and the twenty-odd
millions required as a working balance.
This $50,000,000 represents $.~>0,000,000 of
redeemed United States legal tender notes
for whose redemption we borrowed $50,
--000,000 in gold.
"If we continue to pay them out to meet
a deficiency of revenue, then presently they
will come back ajjain to draw $50,000,000
more from the treasury, which we must
supply by selling $50,000,000 more of bonds.
The suggestion, therefore, that we need no
more, because we have a cash balance of
$50,000,000 of Government notes in the
treasury that can be used to Day any defi
ciency for the next six or twelve months,
is in effect a proposition to issue more
bonds to meet a deficiency which should
be met at once by providing that revenue.
In other words, those who oppose raising
that revenue in such a situation, in effect
— whether they intend to do so or not —
favor borrowing in preference to paying as
we go along.
"Your committee believes that it is the
duty of the House of Representatives, to
which body the constitution commits the
inauguration of revenue bills, to frame
and pass a measure that will yield not far
from $40,000,000— sufficient to put an end
to the deficiency— and to do this without
delay, too, leaving to others whose co
operation is required to finally place such
legislation on the statute-books to meet the
responsibility in their own way ; and tne
President's* special message, setting forth so
pointedly the seriousness of the situation
and the necessity for the promptest ac
tion, only emphasizes the duty of the
House. i
"In response to the urgent call of the
President, your committee has felt im
pelled to act with all possible dispatch.
Two facts have led your committee to ioois
to an increase of customs duties as the
most appropriate source of additional
revenue. They are, first, the fact that
we are already raising a disproportionate
amount from internal revenue, which has
already been regarded as a war resort —
indeed, Jefferson took the ground that
excise taxes should not be resorted to by
the Federal Government as sources of
revenue in times of peace, and the Demo
cratic National Convention maintained
the same doctrine in 1884.
"And, secondly, the face thai by increas
ing customs duties on imported articles,
which we can and ought to produce or
make at home, for revenue purposes, we
can at the same time incidentally encour
age stricken industries and materially aid
in turning in our favor the balance of
trade, which has been so heavily against
us all through this calendar year, and
which has caused a demand for gold for
export, which our treasury has been called
upon to supply. For so long as the bal
ance of trade is against us on account of
excessive imports we must export gold, or,
what is the same thing, promise to pay
gold for the excess of imports over the ex
ports.
"Your committee has hot undertaken a
general revision of the tariff on protection
lines, as a majority hope can be done in
1897-98, not only because they Know that
such tariff legislation would stand no
chance af becoming a law, but also because
general tariff revision would reauire
many months, and the need is more reve
nue at once. We believe, however, tnat
this need of more revenue is so great that
a simple measure increasing all duties of
the dutiable list and taking from the free
list of the present tariff a few articles that
were always on the dutiable list until
August 27, 1894, and which have always
been impartant revenue producers, and
limiting the operation of such legislation
to about two years and a haif — until the
present deficiency of revenue is overcome
— ought to receive the approval of
even those who do not favor protective du
ties on patriotic grounds; and that the
fact that it may incidentally encourage
the production of many articles that we re
quire at home instead of abroad will not
be regarded as a ground of opposition un
der present circumstances.
"In framing the bill submitted for your
consideration it has been necessary, if
action was to be taken promptly, to resort
to a considerable extent to a horizontal
raise of duties, for the reason that it would
have required months to deal with each
article separately. -Horizontal dealings
with tariffs cannot be justified in ordinary
times, but if such an exigency as exists
now is so serious that the President felt it
his duty to send us a special message of
extreme urgency, and especially for a lim
ited time, it is not only defensible but is
the only alternative.
"But while we have presented in the
brief measure reported a horizontal in
crease of 15 per cent of existing duties on
all schedules but two, which is an addi
tion of less than 8 per cent to the average
ad valorem rate, giving about $15,000,000
revenue frpm that source, yet more than
$25,000,000 of the $40,000,000 which is esti
mated this bill will add to our annual reve
nue will come mainly from wool, which is
taken from the free list and given a mod
erate duty, and from manufactures of
wool, which are given a compensatory
duty equivalent to the duty on Wool
(which is always necessary when a duty is
placed on wool) in order to give the wool
grower the benefit and make it possible to
manufacture woolens at home.
"The bill reported by your committee
proposes to make the duty on imported
clothing wool 60 per cent of the duty im
posed by the act of 1890, which would give
an equivalent of G.H of a cent per pound
on unwashed wool, or about 40 per cent ad
valorem. This reduction from the duty of
the act of 1890 has been made because the
restoration of the full duty in that act
might seem to. be too great a change from
the present law to those whose co-opera
tion it is necessary to secure in order to
have any legislation. It is not a measure
of what might be done when all branches
of the Government are in harmony with
the majority of the House on protection
lines.
"The duty on manufactures of wool is
increased by a specific duty equivalent to
the duty on wool. The duty or. carpet
wools is left at the 32 percentum ad valor
em, where it was placed in 1890. This is a
purely revenue duty, as we raise very few
carpet wools. Such lumber as was placed
on the free list by the act of 1890, without
the slightest justification, is restored to
the dutiable list, but with a duty of only
60 per cent of the duties provided by the
act of 1890, giving an equivalent of only
about 15 per cent.
"Such a reduction from the lower rates
of 1890 is justified only on the ground
that the object of your committee has
been to frame a bill mainly on revenue
grounds, in the hope that it would secure
the approval of tho9e in official place whose
co-operation is essenttal to legislation
and who may be supposed to feel that in
such an exigency as now exists the public
necessity must control.
"Believing that such an increase of
revenue as is proposed is essential as a
first step in the restoration of confidence
and the restoration of the treasury to a
sound condition, and that other legisla
tion to be proposed to this end cannot be
effective without adequate revemie to meet
the expenditures of the Government, your
committee recommends the passage of the
accompanying bill to temporarily increase
revenue to meet the expenses of the Gov
ernment and provide against a deficiency.
"The Committee on Ways and Means,
to whom was referred so much of the
President's annual message and of the re
port of the Secretary of the Treasury as
relates to the maintenance of the redemp-
tion fund and the condition of the Treas
ury, report that the Secretary of the Treas
ury now has the authority under the
resumption act 6f 1875 to issue and sell
ten-year 5 per cent bonds arid thirty-year
4 per cent bonds to maintain the fund for
the redemption of United States notes,
and that he has sold $100,000,000 of the for
mer description and about $62,000,000 of
the latter description of bonds in the past
two years. As the redemption fund has
declined to almost $60,000,000. tlie Secre
tary requests authority to issue a lower
rate and shorter time bonds in lieu of the
higher rate and longer time bonds, in ex
pectation that at an early date he will be
required to sell additional bonds to pro
cure coin for this end.
"The question involved is not whether
or not the bonds shall be sold for this pur
pose. The Secretary announces his inten
tion to avail himself of the authority given
by the resumption act and sell the high
rate and long term bonds, and the only
question is whether it is not clearly for the
public interest that he should have author
ity to sell a lower rate and shorter term
bond.
"Your committee thinks it is clearly in
the public interest that he should have
this authority. In granting this author
ity, however, we have included in the bill
a provision that the proceeds of bonds sold
under the act of 1875 and under the bill
which is proposed shall be used exclu
sively for redemption purposes, our object
being to secure such a separation of the re
demption fund from the ordinary cash in
the treasury as will maintain and protect
the reserve. We also provide that such
bonds shall be offered for sale in such man
ner as to invite investment among the
masses of the people.
"The section of the act reported author
izes the issue of certificates of indebt
edness of small denominations, pay
able in three years and bearing 3 per cent
interest, not to exceed $50,000,000 in the
aggregate, to meet temporary deficiencies
in the |treasury, and to be used for other
purposes. In our judgment the Secretary
of the Treasury should always have such
authority as this to meet temporary de
ficiencies that are liable to arise. Unless
this authority is given the Secretary will in
directly use the proceeds of bonds sold un
der the resumption act for redemption pur
poses to meet the deficiency of the rev
enue, as he has been doing the past two
years and a half.
"Your committee, therefore, recom
mends the passage of the accompanying
bill to maintain and protect the coin re
demption fund and to authorize the issue
of certificates of indebtedness to meet
the temporary deficiency of revenue."
OPPOSE THE BOND BILL.
An Interesting Conference of Repub
lican Representatives.
WASHINGTON, P. C, Dec. 26.— The
conference of Republican representatives
who disapprove of the bond bill prepared
by the Ways and Means Committee, was
well attended to-night notwithstanding
the drenching showers which fell previous
to the hour of meeting, and which doubt
less accounted for the absence of a score of
other members who had signed the call.
The forty Republicans present repre
sented twenty-rive States. They elected
Broderick of Kansas chairman and Colson
of Kentucky secretary. The purpose of
the conference was to determine a plan of
action with regard to the rule which will
be reported from the Committee on Rules
to-morrow fixing the time and manner in
which the bond bill shall pass the House.
It has been announced by the Commit
tee on Ways and Means that this measure
would be passed to-morrow before the
hour of adjournment, presumably with no
longer debate than was given to the tariff
bill to-day.
This hasty action was manifestly unpop
ular at the conference. The speeches made
by the members showed a unanimous sen
timent in opposition to the retirement of
the greenbacks. They indicated a be
lief that the bill in question' permits
this, and that the amendment which Hop
kins of Illinois will try to secure in the
Ways and Means Committee to-morrow
before the House will not successfully pre
vent it. The speeches further showed that
it was not advisable for the United States
to issue bonds in time of peace and that
under no circumstances should the green-
backs be retired, at least in the manner
proposed.
After a long debate it was decided that
the Committee on Rules should be re
quested to bring in a resolution providing
a reasonable time for the discussion of the
bond bill and for the offering of amend
ments.
The committee which was appointed to
confer with the Committee on Rules con
sisted of seven members, of whom Brod
erick of Kansas is chairman. His asso
ciates are Baker of New Hampshire,
Bowers of California, Pickler of South Da
kota, Milnes of Michigan, Burton of Mis
souri and Cannon of Utah.
No resolutions of any character were
adopted by the conference which had been
called simply 10 secure an expression of
views concerning the bond bill and whose
action, it was felt, ought not to be binding
on any of its members.
VIEWED WITH CONCERN.
New York's Produce Exchange Urges
Prompt Action.
NEW YORK, N. V., Dec. 26.— The
members of the New York Produce Ex
chanee at a meeting at noon to-day unani
mously passed the following resolution:
Whereas, The members of the New York
Produce Exchange view with concern the de
pletion of the gold reserve of the United States
Treasury in distrust of the Government's
ability and determination to meet its obliga
tions, tending to gravely injure all business
interests and disastrously affect values, there
fore
Resolved, That we strongly urge upon Con
Grand
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gress the necessity of taking, in accordance
with the recommendations contained in the
recent message of President Cleveland, such
immediate action at this time as will meet the
exigencies cf the case and restore public confi
dence in the financial ability ana integrity o!
our Government, and we appeal to the patri
otism of our representatives to see that the
action taken is free from political bias or party
prejudice, which might endanger its success.
And the president of the Exchange is directed
to transmit a copy of these resolutions to the
President of the United States Senate and to
the Speaker of the House and to each member
of the New York delegation in Congres%
J. Pierpont Morgan, who has returned
from Washington, was at his office this
morning. Mr. Morgan when seen stated
that he had no statement to make about a
bond issue or any other matter pertaining
to his visit to Washington.
BOTH MEASURES LIKED.
Opinion of Business Men on Tariff
and Financial Bills.
ST. LOUIS, Mo., Dec. 26.— The following
expressions of opinion by leading banker*
and manufacturers on the new tariff and
finance bills were made to-day.
J. C. Richardson, Chemical National
Bank : "I like both measures. The leak
will be plugged and prosperity renewed."
L. C. Nelson, of the St. Louis National
Bank: "Nothing better could be done
under the circumstances, though I regard
the measures as only temporary."
T. E. Yeatman of the La Cledeßank:
"The local effect will be good. It will
favor better trade conditions."
F. W. Brown, president of the Brownell
Car Company: "The effect, I think, will
be to restore confidence and help business
generally. I hardly believe that there will
be a marked rise in prices here. I have
confidence enough in it to believe it is a
good bill."
President Prince of the Cotton Ex
change: "I am opposed to any increase
on wool. To my mind the proposed
changes are not at all wise, and I don't
believe the bill will pass. What they
ought to do is to raise the duties on sugar,
beer, whisky and tobacco, and not on
wool and lumber. There is no necessity
to raise the duties, so I regard it as an ex*
treme measure. I believe it will injure SI,
Louis trade. If Congress would pass an
act to sell bonds at alow rate of interest
and retire greenbacks to stop this drain of
gold from the country, I believe the present
tariff would furnish us all the revenue we
need."
Mr. Rumsey of the L. M. Rumsey Manu
facturing Company: "I am always op
posed to increasing the duties on raw
materials."
ENGLISH POINT OF VIEW.
The Prospect of Increased Tariffs
Not Pleasing.
LONDON, Exg., Dec. 26.— The Standard,
commenting on the new American tariff
bill, will to-morrow say that it can only
offer the British industries affected by the
prospect of a heightened tariff the consola
tion that it cannot hold sway in the
United States very long unless the con
ditions of trade improve very much.
The Union, it adds, will simply be hur
ried toward economic destruction by the
effort to draw more money from the peo
ple and to narrow down its foreign trade
through an excessive tariff. The right be
tween progress and reactionism is sharper
now than ever, and a raised tariff will
soon show the people that bad as their
circumstances were under a reduced tariff,
they are easily capable of being worse.
There is no need for the British to re
§ard the revival of McKinleyism as the
eath-knell of their industries^ but it is le
gitimate to tell the American people that
they cannot have more British money so
long as their trade is conducted on lines
calculated to destroy the productiveness
of all capital or while it is impossible to
know whether their debts will finally be
paid in gold or in paper worth 20 to 25
cents on the gold dollar.
NEW TO-DAY.
BEHIND THE TIMES."
If you read the Call " carefully you'll
not be "behind the times " — on the ques-
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For you'll see our ads.
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rather than big and full of hollow noises. •
This week :
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First-class Reefer Suits at $2 50. •
Boys' Cape Overcoats, $3 50 — good ones.
Men's Chinchilla Overeats, $5; .Men's
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