Democratic Sentinel, Volume 19, Number 47, Rensselaer, Jasper County, 29 November 1895 — WORK OF CONGRESS. [ARTICLE+ILLUSTRATION]

WORK OF CONGRESS.

MEMBERS OUTLINE WHAT WILL BE DONE. Borne of the More Important M eas urea to Be Introduced by Senators and Representatives—The Ship Canal Project to Receive Attention. Capital City Chat. Washington correspondence:

THE coming session of the new Congress promises to be full of interesting work for its members, and from first to last |«l will hold the attenjfa tion of people gengßSi orally. With a ‘■Uj view of getting advance information t h e writer has made inquiries of a number of the nrovum-- distingui shed members of both ■FjlYj houses for a fair I II I" outline of the pros|ll * peets for legislation of interest to

toe people. Answers made to these inquiries by Senators and Representatives substantially' agree in the main in two things. One is that the revenues of the Government must be increased. The other is that the outlook for general legislation is poor. The session promises to* be one of inactivity, enlivened by stage plays in the interest of parties and Presidential aspirants. While there is general agreement that the revenues should be increased the manner of providing this increase promises to make a conflict between Congress and the President right at the start, for many Republicans insist that the revenue bill shall be drawn on protection lines, and there is an intimation of a possible conflict and even deadlock between the President nnd Congress on this question. The principal subjects singled out for tariff protection are lumber and wool. There are suggestions also of an increased tax on beer for the purpose of increasing the revenues. Cuba, Venezuela and the Monroe doctrine promise to furnish sufficient material for discussion and for resolutions. The Nicaragua Canal, a railroad pooling bill and the Union Pacific situation will Jeceive attention, as will also the pension juestion. An effort will be made to deprive the Commissioner of Pensions of Ihe right to cut off pensions arbitrarily or ':o reduce their allowances. It looks as if he questioii of retiring the greenbacks, if pressed by President Cleveian 1. as it probably will be, will overshadow in importance the silver question. It may be made one of the leading issues in the next campaign. Oil the whole, very little legis'ation of importance may be expected

from the coming session of Congress. Fortunately the party strength is so divided between the two houses and the Executive that very little dangerous or disturbing legislation need be feared. Treasury Stock Is Sinking. Recent withdrawals of gold for export by New York bahking houses have reduced the balance in the treasury to $89,439,039, which is about $11,000,000 betow the lawful reserve, and witfiin $14,000,000 of what is considered the danger point. The bullion in the vaults is valued at $54,088,730 and the coin was $88,073,048 before the withdrawals of Saturday, of which $50,338,739 represents outstanding gold certificates. This leaves a margin of less than $30,000,000 in coin available for the redemption of greenbacks and other United States notes. All the mints, have been working steadily through the summer coining gold with the hope of escaping another such emergency as occurred in February, when coin had to be borrowed from trust funds to redeem notes and replaced with bullion. The shipments of gold last week amounted to $3,207,000, and it is expected that they will reach $5,000,000 this week unless something unusual happens to affect exchange, it is believed, too, that the flow eastward will continue at the rate of $3,000,000 or $4,000,000 a week during the remainder of the year, and after the first of January, when dividends are payable, it will be even greater. The best authorities anticipate a depletion of the treasury gold to $50,000,000 or $00,000,000 before Feb. 1, unless some action is w taken to stop it or replenish the reserve by the sale of bonds. No aid tan be expected from the public revenues. The deficit is piling up larger and larger every month. The exports in October were only $12,000,000 in excess of the imports, while Urey were $23,033,135 in excess during tlie corresponding month last year. For the ten months of 1895 ended Oct. 31 the balance of trade in our favor was only $31,119,749, while during the corresponding period in 1894 it was $90,001,396, and this difference is not sufficient to settle balances in Europe and meet mercantile obligations. Assistant Secretary Curtis went to New York last week to confer with the bankers of that city concerning this situation, and he was advised by every one that it would be necessary for the treasury to issue another loan in order to maintain the Government credit until Congress takes some action. The same syndicate that has been supporting the treasury all summer and manipulating exchange so as to prevent the withdrawal of gold is willing to come to the relief of the Government again on much better terms than they demanded last February, but stipulates that action be taken at once before public confidence is unsettled aud the reserve is reduced bejow the danger point. They agree to furnish $25,000,000 In gold coin in exchange for $20,000,000 par of 4 per cent, bonds, and it is believed the President will accept their offer without taking the risk that he did early in the year, and then call upon Congress for.permanent relief. The New York bankers told Mr. Curtis that while the Government can place bonds at the rate of 3 per cent, now it will be compelled to pay at least 3% per cent, if the reserve is reduced below $60,000,000, and if the administration gets into the same fix as it was in last February he will be compelled to make anoth-

er contract similar to that made then wtt& the Morgan-Belmont syndicate. Carter’* Two Hat*. The Hon: Thomas H. Carter, the member of the United States Senate from. Montana and the chairman of the Repub-

can National Committee, wears two hats. The change is made when he crosses the 88th meridian of longitude. One is of the broad, sombrero kind, about the complexion of a ■ dun-colored mule, /, and carries around \ the crown outside a strap of leather, which may be tightened or let out to accommodate the

alterations in Senator Carter’s head. That is the hat he wears in Montana, - where he is one of the boys, drinks his whisky straight, chews plug tobacco, greases hi* boots and uses double negatives and other forms of bad grammar. But as he crosses the 88th meridian this hat is folded up carefully and tucked away in the pocket of his gripsack, so that he may resume it when he reaches the same point on his next journey westward. At tjie same time Mr. Carter folds up his frontier manners and lays them aside to keep until they are needed again. His other hat is a sleek and glossy example of the stovepipe variety, cut after the pattern of that which the Duke of Marlboroughwore at his wedding. This he only wears in the East, when Ije puts on a bold face, white shirt, and his manners are those of a prosperous New York banker. While he wears this hat he shaves and has his boots polished every day, he abstains from, chewing tobacco, smokes expensive cigars, and his vocabulary is gauged to the Boston standard. But opije in awhile Senator Carter gets tired of the frills and formalities thaJ go with his silk hat and 1 takes a night off. He releases himself entirely from hie eminently respectable obligations and relaxes all over. He gets out his old dun-colored hat, puts on a common-looking overcoat, dulls the polish upon his boots with a wet towel, shoves his necktie around under his ear. musses up his hair and whiskers and his shirt, gets a big plug of tobacco and leaves the gilded halls of the Holland, Waldorf and Fifth Avenue hotels and goes to a cheap chop house where you can buy a plain but wholesome dinner for 40 cents and most of the patrons eat with their knives. I met the Senator there the other evening' and to my inquiry he responded: “Yes, by gosh, I’ve been high-toned as long as I can stand it and I’m laying off tonight.”

EFFECTS OF CLOSING CHICAGO BARBER SHOPS ON SUNDAY.

T. H. CARTER.