The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-12-10


WASHINGTON, December S.-The COM
mittee which was appointed by the Re.
publican caucus last Tuesday to propose a
plan Of action for the party with reference
to financial legislation that has been or
will be proposed, had several meetings
and is ready to report to the caucus. The
committee consists OF Senators Morrill,,
Conkling, Hamlinn Mcmillan, Booth,
kirkwoOd Logan and Carpenter. The
committee has decided unanimously, with
the exception OF Senator Morrill,, to recom.
mend that the Republicans in Congress, us
party, oppose all legislation whatever the
passage Of which will effect the present
financial status OF the country. They will
report that even the agitation OF the sub.
ject might disturb and may damage the
commercial prosperity that is being en-
joyed, and that no sort OF legislation, pro-
posed or unproposed, affecting the
finances, could improve the present mon
etary condition.
This report receives the assent OF all the
committee, except Senator Morrill,, who
will recommend as aminority an immedi.
ate attack upon the legal tender quality OF
the Government notes and the adoption
OF plan for their future retirement.
Senators Conkling and IIanlin, OF the
committee, agreed to the report, although
both Of them favor Senator Morrills views
as far as the greenbaCk Is concerned.
The legislation that the committee op-
poses includes, not on the Bayard resolu-
nan kAI a., Nt,a
greenbacks, but also all silver legislation
the Warner unlimited coinage bill, the
resumption Of trade dollars and kindred
propositions. The recommendation of
the caucus committee will without doubt
be adopted by the Republicans, and their
policy in Congress for the session will be
in opposition to all tinkerihg with the
money Of the Nation. Messrs. Edmunds,
Hoar and some other New England men
would like to see Secretary Sherman's re-
concentrations carried out, but they are
willing to concede their wishes with refer
ence to legal tenders II the silver
men of the Senate will abandon their at
tempts to pass more silver laws; and on
the other hand the silver men will aban-
don their schemes II the bullionists will
let the greenbacks alone.
Asthe Democracy is widely divided in
the Senate on the financial questions and
the Republicans hold the. balance OF
power, the action OF the Republican
caucus is thus of great importance.
The Finance Committee OF the Senate
meets tomorrow, and the Bayard resolu.
ton will probably be taken up, but the
Republicans will oppose its consideration,
and with Beck and Voorhees,, who are op.
posed toi it, will carry their point.
INTERNATIONAL COINAGE CONFERENCE.
The House Committee on Coinage,
Weights and Measures, have been instruct
cd by It's Chairman, Hon. Alex. Stephens,
TO report resolution calling upon
the Secretary Of State for report as TO
the expenditure Of $4,000 appropriated at
the last session, to secure an international
conference on the coinage question. This
means that Secretary EVarts must report
what George Walker, OF New York, spec.
lal agent OF the State Department, who
was sent to Europe to interview Ministers
OF that country, accomplished. Mr.. Walk.
er has completed what Is said to be very
able and comprehensive report upon the
attitude OF European Powers toward silver
money, and American coinage in particu.
lar, and 1t was Mr.. Evarts' intention Ia
send 1t to Congress without waiting for 1t
to be called for.
SECRETARY EvARrS' POSITION.
Secretary Evarts advised tho President
against recommending financial Legislation
in his message. The Secretary thought
that as the country WAS in fine condition