The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-01-09
THE SILVER QUESTION.
The President and the Cabinet Take Ht
Under Consideration.
IChicagO Tiues,J

WASHINGTON. Jan. 4.-Mr. Hayes and his Cab
met began to day the consider alton Of the sill
settle the whole matter. In the Cabinets de-
cision to-day 1t was thought best to prepare
bill upon the subject as means Of escaping
contest with Congress over the Bland silver
bill. It remains TO be seen how kindly the MEM
bers will receive bill prepared for them by a
II seems that President Hayes. while he IL
pretty yell decided in his mind as to what he
would do should the Bland bill be presented to
him for approval, is nevertheless quite anxious
to avoid beng placed Ia q position OF hostility
toward g majority of the two Houses Of Con.
what Is known as the Bland silver bll, i''c or one
not materially unlike II. should pass, President
HAYES would veto it, and TO make the point en-
based upon information furnished by one whose
high official position affords him the fullest OPP
portunity for knowing. the sentiments OF the
With y view therefore, OF testing the sense OF
the Cabinet npon the general question OF silver
matter up at to-day's meeting. and requested
OF each member. OF the Cabinet the fullest ex-
preston OF his views on the subject. With the
sented by Assistant Secretary OF State Seward,
and Secretary Thompson, ali were present, and
each bd as his 6onni2n upon the
longed. informal discussion, In which there
was q great difference Of opinion. the matter
clusion being reached other than that the Bland
bill was impracticable. impolitic, and should be
vetoed III passed.
;. 1t is understood upon unquestioned author
ity that the real motive Of the President In in
Producing the subject In the Cabinet to-day was
for the purpose oil seeing whether or not bill
be agreed upon by the m members Of the Cabinet.
The objec' Of this novel procedure Of discussing
diency from the Presidents own standpoint.
tex, as stakd aboye, the passage OF the Bland
bill or anything like It. would seriously embar-
rass him: He is determined in his attitude
against q bill OF this nature, and in view OF the
rupture between himself and his party IN Com
gress on account Of his civil service and South
ern policies, his theory would be rather to make
friends than to engender further opposition on
account Of the veto which would undoubtedly
bs ns 3 n The m Il t ba
submitted in an informal way TO conservative
men On both sides in Congress. and be urged as
net circles that such @ bill as might be agreed
upon In the Cabinet could pass both houses OF
Congress. and Il determined upon, in time.
could be substituted for the funding bill In the
Senate In view OF these facts, therefore, 1t fs
interesting to note the general tone Of the In
formal discussion in the Cabinet to- day In the
for q time seemed thoroughly irr concilable
with the rest But this only related to the manner
in which remonetization Is to be brought about,
for the reconciliation OF silver ought In view
OF the apparent popular sentiment be agreed
itself down TO two propositions Ono was that
II silver is to be remonetized 1t should be upon
the principle Of eonalizing 1t in value with aolds
ceivabe for all dues for which gold is now re-
ceivabe. 1t ought to be made edu u.l In intrin-
SIC value t to the gold dollar The other theory
and this took in two points One was to make
the silver, dollar interconvertible. with green
dues for Which, It Is to be made recev
Bile. There was no indication OF what the final
agreement would be, and 1t ID understood that
the discussion will be continued at the next