Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1885-02-19
A POSSIBLE SUBSIDY
For American Bottoms After All
the Fuss
MADE AGAINST THE scHEn
What Mr.. DOrsheimers Silver Bill Pro-
poses To Do For Those
Who Hold
THE suzzaRD CLIPPED DOLLARS.
SpseiaI. o he ReqiAer.


WASHINGTON, February l9.-lt stated
here and apparently on the best authority
that the friends Of the Pacific Mail and
steamship subsidy will make strong effort
to secure the endorsement Of their provision
which was fsvorably reported in the House
but was killed By the adverse vote OF the
Senate when that body came to consider
the Postal Appropriation bill The provision
alluded to gives 100000 for the carrying
of the mails in steamships of American reg
istry Many Of the Democratic members
of the Senate are very warmly in favor OF
the measure, and it is said that majority
Of Republican Senators will give to 1t the
sanction Of their votes. It is,believed that
if the Senate passes the postal bill with this
amendment, the House will not feel called
upon to oppose it in conference committee.
There seems TO be no reason to doubt, IN spite
of all that has been SAID to the contrary, that
this is an honest effort in the direction OF
Government encouragement to an Amer.
question that the British Government did
precisely the same thing when its mercantile
marine was being developed, and that fact
has been used toexcellent advantage by the
statesmen who have been engaged in defend
ing our present shipping laws against the
attacks Of freetraders.
The most important measure introduced
into the Lower House during the present
Sc ssion of Congress, is the silver bill OF Mr.
Dorsheimer, which, as already stated, is uu-
derstood to embrace the views OF
the President elect on that much
mooted topic. II this understanding
is correct it must beconceeded that Wisdom
is justified of her children and that the gen
uine craftsmanship of Mr.. Cleveland has
been most signslly proven. For the meas
ure of Mr. Dorsheimer is wisely conserva.
i've though radical in its final ejectment Of
the last wheel of coinage from the body
polite. 1t provides for the immediate issue
of notes redeemabls at par and to
call in dollars of 480 grains Of
silver instead of 4l2!!, as in the Bland abor-
ton, thus coming as close as possible to the
actual amount Of silver, which a gold dol.
lar will bring in the market to-day. The
coinage of the Bland dollar is stopped, but
for one year it will be possible for all
holders of the buzzard dollars to
exchange them for the notes
above mentioned; tbat is;for tl24 grains of
silver the government will give to each
holder $50 grains. This looks on its face
ike clear loss to the government Of about
l3 cents on every dollar so exchanged and
so il is. But il must not be forgotten that
in assuming this loss the Federal Treasury
is only making good what it has
taken out of the pockets of the
people into whose hands their
ipped coin has zone. Ever since the
Bland bill was passed this process has been
going on The Government would buy
$40, 900, 600 worth Of silver in the market,
out Of that it would be able to make
$ll 800, 900, or thereabouts, of the standard
weight and 6neness Or IN other words
the men vino were compelled to accept the
forced legal tender, were swiudled
out of 1900, 900 on every SIC, 900, 900, sent
from the mint. This is what the Dor
sheimer bill equitably proposes to return
to their pockets. Justice is always the
Wisest governmental policy.
1t is unfortunately certain that the bill as
introduced cannot be passed at the presen'
session. The silver kings would defeat 1t
in the Senate even if 1t were possible to get
II off the fateful Hsuse calendar.
Senator Kenna succeeded in getting
through the Upper House Yesterday a bill
authorizing the construction of bridges
across the Great Ksuawha river, below the
Falls This will probable pass the House
as Senate Bill
Mrs J. J jackson and Mrs. Wu. Fl.
Smith, Of Parkersburg, are at the Ebbitt
House. j. a.