CHAPTER LXV.

PASSAGE OF THE WILSON TARIFF BILL. Second Session of the 53rd Congress--Recommendations of the President Concerning a Revision of the Tariff Laws--Bill Reported to the House by the Committee of Ways and Means--Supported by Chairman Wilson and Passed--Received in the Senate--Report of the Senate Committee on Finance--Passes the Senate with Radical Amendments-- These are Finally Agreed to by the House--The President Refuses to Approve the Bill--Becomes a Law After Ten Days--Defects in the Bill --Not Satisfactory to Either House, the President or the People-- Mistakes of the Secretary of the Treasury--No Power to Sell Bonds or to Borrow Money to Meet Current Deficiencies--Insufficient Revenue to Support the Government--A Remedy That Was Not Adopted-- Gross Injustice of Putting Wool on the Free List--McKinley Law Compared with the Wilson Bill--Sufficient Revenue Furnished by the Former--I Am Criticized for Supporting the President and Secretary.