New-York tribune., 1877-11-14

THE SILVER AGITATION.
THE SYNDICATE ALAMEDA NEw-YORK cont
MITTEE IN WASHINGTON, AND THOROUGHLY IN
EARNEST.
IBY TELEGRAPH TO THE TRBUNE.l
WASHrNGTON Nov 13.-Sccretary Sherman read
in the Cabinet today letter. signed by ir. BEL
mont aud other members of the Syndicate IN refer
ence to the House bill for tho reconciliation of
silver These gentlemen declare that the effect Of
such radical revolution in the monetary system Of
the United States would be exceedingly disastrous
and are said 10 have intimated that If il should
take place 1t would be impracticable for the Synfi
cate 90 conduct their operations in dspOag of the
new per cent. bonds any further Many other let
tiers have been received from business men in all
parts Of the country, in which the same views are
expressed. There was no formal discussion Of the
silver question in the Cabinet to-day but tie sub
iect is likely to receive attention from the Sec
retarv Of the Treasury and the President than they
have heretofore given % it,
Tho committee of distinguished gentlemen from
III. N.w-York Chamber Of Commerce. accompanied
bva & g, prominent business men from Philadelphia
arrived here this 9ftewoon for the purpose Of pro
testing AGAINST The passage OF tLe Silver BILL Among
tla number were " s,r-. Jesse Selgman, j. p. Nor
gan. D. G.. Arnold. William 7. Dodge ir., NJ. x. Jes-
up. s. D. Ba1cock, /. EIal.ey, c. Fiatt c. vi. Fry,
B. n h
CmUs. George Plummcr Smith W. A. Hanes,
j. W. Ellis. T. O.. French J. W. Fisk.
e. A. Stewart and James NJ Brown
These gentlemen are terribly in earnest
in their daaluoi9uons OF the silver bIl and u
the united deioruiultion Co 10 everything in t.e.r
power TO defeat 1t lid tb. Senate. They say hat It's
passage would De financial rum. aud t-lt the sale
Of the United States bonds would cease, that ,lo
capital of tae country which they SO LARGELY repre-
s..t. would be kept from Che avenues oi commerce.
THE committee held a conference with the Iuaucia
,-.....+...c ,l ..... a.. .,-,-t,.- ,. ,,--,. -
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,...,
anu 'i- -N ~ '~.' '- " '' " ' 90 t'
tAe senate
The Finance Committee held meeting tbs morn
ing for the liberation Of the Bland SILVER Bill,
and general sentiment was found n favor of strIk-
iu- cu t1c section au. lorziug le coinage of silver
bullion. The bill which VIII probably be reported
has NOT vet I.e, are.l upau but DO vi.i doubtless
BE- brought into the senate within lcw days.
IlD friends of tHc silver 1871. .r7 Sul confident OK
rs passage. Senator ioaa>' oi Nr'aia' m"-,51er
ui OBJ. ~'l...'. w" ...'.'-.. -i-. ' D."
I'.. fr.Il.Ir Of tt. II,l
nv lie tGog.bt tIat Congress sboad net
le-i-'ate tor Wal.-~t, and that If the
cllait re votes t9 hear the ArW-l of!, o..-ati'n,
pr o'-4Iru l1 ol-I- ''iI IL " .-Ji' ~ ~ i.o'l
Z d. I , III ,i ,.',,.r t,.II f,+ W. t.i
a., .,j I y-.. il t.-..,r ,f .i. r..,I. ,f.. c..,,
1..it.e decided 10 hear Il.e ucIeg..+isu
The Senate Finance Committee held meeting
ri, evening no which the gentlemen, presenting the
blrAuz ana other financial interests were present by
appointment. Mr. Frederick FiuI.,y, Of Philadelphia,
argued that 30 would be lucxp, now o adopt silver
for fII le-lI tender for o9L-.tioa5 due
10y the Government and hc people Of tbs United States
IL rrl certainly, ,ai,-s "a -lr,t a4 On -la ,lY. os am
,.. 4..-.. .----. -.. - ~, . =.
"''". 1-lle--'1 I'D p'A7 'ie ".4 i' t1e pres
e time Or was question solely ot Tie J.ited States
there would De DO great harm in adopting Tie measure
rr,.e ff. c-.a,,f..,. n,,t Ia sil. " A, ,,c l-, 1..
n '' '''"'
O.ei--' "4-" tA1 ""t'iAc ""i'''' eI"u4+ we dU'pl
deprctiatcd standard, people would have 10
s-rr .,o ,e.,l-r T1o tlo,,i- If tho r.r,.r ,rre,,
7 ~ i~i '''i'
were aIoWeu 10 cI-uaie t "ouI4 ne Only IeW months
before IL would he az with gold He further eX
,--7 ,l % ,.,to, tl,,t +lo ross,-o , +tc f,I ,-,1a
I' say i -- ' '' "'''@
completely check the negotiation OF loans 10
fund the sir nor ccrt honda and oavisod
lLe committee D" '''A az 'l- t'''ou 40 '1o "Alu cuA
meets the United states Government with the outer
world ana NOT % act hastily rpou so scrou, a matter
A. ~ -,o, no. s,,,rI5 +t him ,,. ,,s.so1 r, o,,
D.. 80,
eo~d pie4e' the amount oi INJURY ana -Os9 u "ouu oc-
casOu.
M p.too. ors3 Tho I,ll b.d two r,ror,i,er+ faa
" " ~ ' ~
tures, one beng the reconciliation OF silver and the
other the CcrDouenzation Of Gold aud That v.ben
-, ht1I bo.,--. q 1.u- a., :. - - -,
N' "a" '""' " " ever suou47 EoIu
"oulu 20 rom our country ana silver would
come n He further argued that II the bill was passed
- re coyo,rroc,t and = 1-orro -" -. .l'-l'