Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1878-02-06
Idaho City, l. T.; ]. w. Ford, Fort Lar
annie, Wy. T.; Mrs. Myra Rckstock,
Manitou. Col.

Idaho City, /. T.; ]. w. Ford, Fort Lar.
annie, Wy. T.; Mrs. Myra hrckstock,
Manitou, Col.
SHERMAN on SILVER.
a Washington dispatch dated Jan.
10Th, states that Secretary Sherman in
an interview says that he recognizes the
fact that the silver bill will become a
law. He believes there is clear two
thirds for it in each branch of congress.
He saw no reason for n belief or nope
that it could be defeated. He thought
an amendment might be put in, but
that not much difference could be made.
he thought that the people in New
York did not fully understand the
strength of the silver bill move
ment in congress. Up to to-day the
correspondents Of New York papers
have insisted that the bill could not
command two-thirds vote. He was
not, therefore. surprised at the course of
THE GOLD MARKET.
Besides, the reconciliation of silver
will not affect gold o. greenbacks ut
once. All the silver that can be coined
for several months would he used for
the payment of duties, and the people
III general will not see much of it until
sometime after the passage of the bill.
He sad that as the supply of silver in.
creased gold would entirely disappear.
and then Gre cnbacks will gradually de-
preciate. Mr.. Sherman was of the
opinion that the silver people will be
greatly disappointed with the imme-
date effects of the reconciliation of
silver, and that the greenback mon.
who are at the bottom of the silver
movement, will be the only ones
strengthened. He believes that the
sale of bonds Of
THE POPULAR LOAN
ready been sold. The banks are taking
them up. The state of Kansas has
bought $4,000 worth of these bonds to
be delivered this week. 1t is estimated
that it will take month yet before the
silver bill will become a law.
EWING DEBATING TERMS.
Gen. Ewing indicated in tho house
to-day that the amendment to the Bland
bill would be accepted. This amend
ment provides that the government
shall have
THE PROFITS OF TIE COINAGE,
and with this provision the hill is now
certain to become law. At the treas
ury department they say that the Ca
pacity of the minis is only $i0,OOO,0OO.
They propose at the treas
urys Office, If the silver
bill passes, to send up to the capitol
few dray loads Of silver to be used in
the payment of members. BY an anal
ysis Of the vote taken in the house tO-
day, it will be found that there were
twelve members from the south and
west who voted against Matthews reso
luton. These men were Cole, of Mis-
souri,, Davis, of California, Stewart, Of
Minnesota, Ellsworth and Williams. of
Michigan. Garfield, Of Ohio, Jorgcnson,
of Virginia, Bisbee, of Florida, Schlei-
cher, of Texas, Seward, of Louisiana,
Rainey, Of South Carolina, and Will
ans, of Oregon.
PARTY LINES
in the vote were completely lost. 1t is
expected now, after this overwhelming
test vote in the senate and house, that II
rapid push will be made to pass tho all
yer bill and thus drop the financial
question for II time; but the friends Of
the repeal Of the resumption act are
waiting. After short test they will be
clamering for that, but they will not
command any such vote as the silver
bill.
BEGGING FOR SUBSIDIES.
Washington advices OF Jan. 9th state
that arguments were heard before the
house committee on Pacific railways
from the parties now seeking subsi-
dies. Mr.. StOrrs spoke for the Southern
Pacific, Gov. J. G. Brown, vice presi-
dent OF the Texas e. Pacific road, dis
cussed fully the broad, general ques-
tons which had governed tho
policy Of the government in aid
ing the construction Of CONNER
cia. highways. The Texas Pacific,
he said, had built 445 miles Of rrad
without dollar of aid from the gov
eminent, and justice required the ex-
tension of road asked by it, as the
Union and Central Pacific companies
had rec, ived tifty-four millions Of dol
lars of bonds and fifty-hve millions OF
acres of land; the Northern Pacific for
ty-seven millions Of acres, and the
Texas and Pacific only eighteen mil
lions of acres. No portion could the
letter receive until after it built thou
sand miles through Texas.
TOM SCOTT.
Thomas A. Scott, president OF the
road then reviewed briefly the grounds
on which government mid was asked.
lie said the government would alone
save g, 600 600 yearly by the building
Of the oad,-more than the entire
interest on the bonds. if it never earned
cent more. If their bill passed they