New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-26
nrcIpED CHANGE OF SENTIMENT.

~v,~.I,c,na IN CONGRESS IN FAVOR OF A VETO
@,p rar BILL SHALL PAss-DETERMINATioN TO
PREVENT ITS PASSAGE If POSSIBLE
yBY TELEGRAPH TO THE rRBuSEI
yv.sH,sGTON Feb 25.-A correspondent OF IHE
rssruSs called upon Secretary Sherman late th's
evsnjng and asked If he proposed to take any
farther steps to relieve TIE money market. he sa'o
10 reply that he had not received closing adVices
from New-York He expected to hear in the morn
ing that the ten millions authorized to De paia oue
for bonds this morning had been so expended, and
that the pressure had been relieved. He could not
tell whether or not any further steps would be taken
an the same direction until he should see what might
he the condition of affairs in the morning.
Have you seen reason to change your mind re-
rardine the action of the President 7" was asked.
:. Upon that subject can say pothing Even III
knew what he will do could not make 1t puphc.
MEANWHILE there is q marked change of sentiment
,erarding the bill among Republican members OF
the House of Representatives. When the bill first
re.sed the House Republicans contented themselves
with believing that the Senate would amend 1t so
that il would substantially represent their views
In this they were disappointed but they dd not at
hrst appear to realize that anything worse wouid
Aappeu than the failure of the to refund
it's bonds at per cent and there was accordineiy
general belief among the Republicans that the Pres
which after-all, was only an expression OF opinion
nv Congress that refunding at per cent was prac-
ticable They did not discover the mischievous
aetuaties a. we'll az pOtentiaities. contained in the
ffth section of the bill week ago il was difficult
10 find prominent man in Congress, Democrat or
Republican who could be made to believe that the
nassa ee of the bill would seriously affect business
interests,
The events of the last six days have startled every
body who is in any way responsible for the present
condition of affairs. Democrats like Mr. Randall
say--as Mr Randall did to-day" Oh. 1t Is nothing
but the snarIing of the bulls and bears; they may
eat each other for all care" Other Democrats.
like Mr. Carlisle, admit the gravity of the stuation
INIT perzist in declaring that the National banks
onsbt not to be alarmed at the present condition OF
efYairs None the less auxiously, however, does Mr.
Carlisle watch the effect of the measures taken by
a Republican Secretary Of the Treasury TO avert
nrsss Which persists ID dealing with problems in
fnance and political economy In splr1t Oh strlct
craftsmanship. ,
fn one thus far manifested is that which has taken
place IN the minds Of Republicans One cannot md
q Republican now who does not think the President
couA find reasons to justify veto. An almost
nnanimons desire is expressed that he shall veto the
bill If it ever reaches him; for there IS already
sufficient doubt manifested to justify tho mention
Of contingency that would have been deemed ut,
terly impossible week ago. The developments of
the past few days aud the critical financial situation
have aroused sentiment among Republican mem
hers Of the House favor of preventing the passage
of the bill II it lies within their power to do so.
resort to parliamentary tactics of delay is freely
talked Of and q number OF memoers-variously
ectimated at twenty-five to forty have expressed
thenselyes more less strongly in favor OF such
course. ,
One of the ablest Ananciers In Congress was asked
by a TRIBUNE correspondent tonight what the
President ought to do with the bill. He ought by
ali means to veto It," was the prompt reply. This
gentleman expressed fferent opinion week ago.
fhe Ways aud Means Committee will make ON ef-
fort 10 take Ntbe Funding bill from the Speaker s
table tomorrow and dispose Of 1t. No prediction
van be made as to its fate.