People's Pilot, Volume 4, Number 33, Rensselaer, Jasper County, 9 February 1895 — UNION PACIFIC STEAL. [ARTICLE]

UNION PACIFIC STEAL.

Killed in the House After Three Days of Battle Royal. SICVER MEN CONTROL FINANfUL BRAKES. Belmont’ft Bonds Must Kot be Worth More Than the Southern Cotton, Which is &Oe on the Dollar. $100,000,000 OF 30 YEAR 4’S. Washington, Feb. I.—The statement has been made in this correspondence that the silver men were masters of the situation as far as the senate was concerned. That statement has been confirmed on the floor Of the senate by two members of the finance committee —Sherman and Vest—both of whom stated in tne most positive terms that the silver men made it impossible for the finance committee to report any sort of a financial out that does not include free coinage. These statements are all the stronger because the men who made them represent the two sides of the financial question, Mr. Vest making the statement as a defiance to Mr. Cleveland and Mr. Sherman regretfully. This being the state of affairs in the senate the efforts that are being made in the house to pass the bill embodying the recommendations of President Cleveland’s special message would seem to be a mere : ,waste of lime. Meanwhile the administration is preparing for another bond issue under the law of181'5, and it is said that they Wilf be thirty-year 4’s this time, instead of tern year’ s*s as in the two previous issues. The contest over the Pacific Kailroad Funding bill in ' thft house was not long, but during, the three days it lasted it w;i»abattle royal of the plainest of plain speaking. The result will not be surprising. It may not be true, as some opponents pf the bill charged, that agents' Of C. P. Huntington were jjuyiqg. as much as *20,000 a piece soy, v >ies lor the bill, but it is. certain that lobbyists known to. ha, Mr. Huntington’s* friends' have* been in Washington ever- since tins session of congress began wonting for votes for this measure, which its author declared tn bp in the interest of the government and not of the railroads. kseuat.nr Teller is by gPfiterUl consent regarded as the leader of the silver men in the senate. It was to him therefore that seekers of information as to, whether the silver senators would go to this extent of defeating one of the regular appropriation bills, if the attempt, now talked of, were made to attach a rider authorizing an issue of bonds to one of them. When the question was squarely put to Mr. Teller—would the silver senators deliberately prevent the passage of an appropriation bill with a rider providing for the issue of bonds or other financial legislation objectionable, to them?—he replied in the most positive tone: “They would. We believe that all the present developments are a part of a £lan which had its origin when It. Cleveland entered upon his second administration to put the country on a gold basis and create a permanent debt for the investment of the capitalist class in this country. We do not propose to see this tone, even if itj should result in an extra session. We have no fears of an extra session, and no threats In that Ime can di u uro us. We should : certainly fight an appropriation bill, with such a rider, just as Vigorously as any other bill, and y<u cannot make that statement too strong.” There has been no end of talk about the alleged remarks of a southern senator to August Bel mom, the American agent of Kot ichilds, who came to Washington to talk about needed financial legislation. After Mr. Belmont had given the senator his idea of what ought to be done—those who desire to know what that idea was may find it in President Cleveland’s message which was sent to Congress last Monday—the Senator is reported to have said: “Mr. Belmont, you are a very rich man. You own a great many government bonds; now let me tell you something. We. in the soutn, own a great deal of cotton, and cotton is not worth 50 c<»nts on the dollar, t<> day. Now, we do not propose that your bonds shall Bh worth mor<- tuan our cotton.” If ihat “onrersaiiou r • illy oc-ur-J d it i.-» not snrni-i«sbo.' sh ,i- M■ ->ni did !■ ..1.....1u iVashiug.on. Few people who have not stud-

ied one of the annual reports of the public printer have any idea of what an immense establishment the government printing office is. It cosis *125,000 a vear to run the Congressional Record; more than *1,000,000 to pay for the books and pamphlets, mostly reports, turned out every year. In addition to the printed matter the office turns out every year something like 350,000 blank books. Three of these blank books are made annually for the names, addresses, and accounts of the senators and representatives with the government. Each of these books has 1,200 pages, weighs 85 pounds and costs to produce *GS. It is claimed that no such blank books are made anywhere else. Last year the bindery used 53,000 sheep skins, 3,000 Turkish goatskins, known as “morocco,” and 100,000 square feet of Russian leather, which is made from cow-hide, besides other binding material. "