People's Pilot, Volume 4, Number 33, Rensselaer, Jasper County, 2 February 1895 — WASHINGTON. [ARTICLE]
WASHINGTON.
A message to congress urging im mediate financial legislation has been prepared by President Cleveland. From the results of a canvass made by the internal revenue bureau it is believed the income tax will yield 850,000,000. Sundry civil bill, carrying appro priations aggregating 830,125,71, was hurried through the house Friday. Total gold shipments for the week have been more than 814,000.000. leaving the treasury reserve at 851.500,000. Bill pledging the faith of the Uniter! States for the construction of the Nicaragua canal {Kissed the senate Friday. Secretary Gresham lias suggested to Guatemala and Mexico that the United States will act as arbitrator in t heir dispute. Widely differing plans to meet the currency complication were offered in the senate Wednesday by Messrs. Jones of Arkansas and Smith of New Jersey. JolmG. Woods'petition fora mandamus to prevent collection of the income tax was overruled iti the district equity court. A bill to incorporate the National Ventral Railway company, which proposes to construct a r<i i I way from the Hudson river to New York, was offered in the house. Senator Tornio made a vigorous spi-cch against the Nicaragua canal Lili. which he said had been conceived in fraud. The house passed the Indian appropriation bill and the bill to establish a national military park at Gettysburg. The senate passed the Ute bill and adopted resolutions calling for information on various subjects. President Cleveland sent a message to congress Monday urging prompt action to restore confidence in our financial soundness.
