New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-02-26
yoA. XXXVII.. No'li,5lS.
WASHINGTON.
VETO EXPECTED THIS WEEK.

TIE SILVER ELL NOW syNT TO THE President
FREE COINAGE AGAIN Observation-Disclosures
GENERAL CONGRESSIONAL NEWS.
The Silver Bill was signed by the Speaker
and the ce-President yesterday, and MS
Matched to the White House. The veto mes
sace is looked for this week, and will pro-
bahly set forth the silver policy Wlleh
the President can approve. New bills proposing
free coinage were offered i'll the House yester-
day. Mr.. Wheeler has asked for the election
Of President of the Senate pro TEN. MI.
Southland proposes that the country elect three
Presidents, one each from the East, South,
and West A House Committee has reported
IN favor of transferring the Indian Bureau to
the War Department. A report has also been
made adverse to the Chinese. A great many
new bills were offered in Congress yesterday.
The important ones are referred to below.
THE SILVER BILL WITH MR. HAYES.
A GROWING CONVICTION THAT THERE WILL BE
yETo-ANXIETY IN LONDON AS TO TIE he
Try TELEGRAPH TO THE TRIBUSE'l
y.sp1xGroN. Feb 25.-The day has brought
<orth Ettle that was new in regard to the Silver
question The concurrence of the House OF repre-
a,+atives on the Senate amendments to the Bland
hill was announced early in the session OF the lat
ter and later i'll the afternoon the bill was slSieu
bv the Speaker and Vice-President, and taken 10
the White House.
No attempt was made in the House of Represent
atIves to pass any supplementary Silver Legislation
under suspension of the rules. The general feel
ing was that 1t was better to wait another week,
and TO see what is to become of the bill already
nossed before proceeding to amendOr supplement IT,
The conviction seems TO be growing more ana
marc universal that the President will veto the
modified bill, and that it Will be sent back to the
House late this week. Every reported private ut
terance OF the President during the time the SILVER
Eill WAS under discussion. and since its passage
outs TO such an intention and tins course Il also IN
harmony with the Presidents public declarations III
his annual message. The veto message WILL 1t is
bo,ieved be considered in the meeting of the Cabi-
net tomorrow. 1t is expected that 1t Will
NOT only set forth the Presidents objections
20 the bill which passed. but repeat his behef
fiat silver as well as gold ought to be utilized in the
currency of the country and will also set forth what
fine President believes should be the conditions OF
reconciliation. These as il is well known, are
that the new silver dollar should be made as nearly
Ms possible of the same commercial value as the goid
dollar and not worth percent less that II should
be legal-ender only for limited amounts that the
rrincipal and interest Of the bonds OF the United
States should be payable only in gold; and that sil
Yer should be legal-ender only IN the execution OF
contracts made after its reconciliation.
To be sue, it is not customary for President to
make recommendations to Congress in veto mes
sage. but there is no law preventing 1t, and the
President will probably adopt this course, III TIE
hope that his suggestions may contain the basis OF
legislation that will meet with his approval. There
is reason to believe that the President believes that
his efforts to influence legislation should be confined
10 Official communications made TO one or both
Houses. -, ,,--
There are no signs of break in the silver ranks
either in the Senate or House of Representatives:
Some of the extreme men in the lower branch OF
Congress are still dissatisfied and would IKE TO
sust ain veto, but they fear the consequences to
themselves if the present bill should be defeated
and no other should afterward he passed. Their
constituents would be sure to blame their repre-
eentatives If they allow this bill TO he beaten
through their opposition. All the silver men VIII he
likely therefore, to vote against sustaining veto
when the question is fairly presented 10 theln
Interest in the fate of the Silver Bill seems TO he
increasing also on the other side of the water Sec
retarv Evarts received dispatch to-day from an
eminent fnancier in London on the subject. Refer
ring 10 the anxiety which exists there III regard 10
tbe course the President will take with the bill, the
writer of the dispatch said that the enactment OF
The Silver Bill was calculated 10 cause dlstTust
among the holders of American Government secur
ties and was regarded III financial circles as tue first
step toward reputation.