Savannah morning news. [volume] (Savannah) 1868-1887, 1886-01-10
GOLD GOING ABOVE PAR.
a BELIEF THAT THE EUsIiS
BILL Will BE PASSED.

Eha Leading Eeuu otlG'AA AA5tAAf''- Va
Banking and Carrencv Committee 7 re-
ficts that rhe Present. Financial Per
plexfsfss VIII be Left UnsolVed %
rons-ess-The g Hour Law-Prospects
fer Tarif Eeform.
WASHINGTON. Jan. 9.-Ex-Goy. Ding
lev. oTMaiue. the leading Republican on
,1s Banking and Currency Committee
avs he has no idea that this Congress
rilI take any action for the relief OF the
aanouaI banks beyond the possible enact
nent Of a law similar % the Mcpherson
in. which passed the Senate during the
.ast Congress. This bin gives the banks
me power to issue circulating notes up 60
.1s f1Il par value Of the bonds deposited
20 secure circulauou-
DO YOU anticipate any other financial
egislal0u|
NO. Z do not think there Is any pros
rect tor the passage OF any bill affecting
the banks. the currency or the coinage
Then in your opinion there is no pros
rect that the coinage Of silver Will oe
suspendedT
i tnink from what know OF the tenn
-er 0f the House ChaE nothing less than
N actual financial calamity viii induce
i congress- TO suspend silver coinage
DO you fear Ghls disaster IN the near
.-ure2"
MANNLNG's POWEE.
-.Ir IS within the power Of the Secretary
4 Lhe Treasury t0 orI1g II about WITHIN
week. AL he has Co d9 i % issue cal
j ar thirty or forty millions Of bonds and
i rva notice tha5 they viii be paid IN sil-
-ar This would lG once prove whether
i silver and gold would come together or
a part company
DO y0u think the resolution offered by
4 Mr. Eustis in tne Senate yesterday ti-
citing the Secretary Of the Treasury 60
make she next paymentOf bonds in silver.
& VII pass p
II DO. There are A great many men in
a 1gress who, y lIIe opposed 20 the Idea.
VIII vote for tne resolution just to test the
--su5.7
Il -Waat VIII be the effect upon the dnan-
al wOridg'
II believe the result VIII be TO force
old to a premium Of 8 per cent or more
umedia5ely upon the passage Of the res
1li0a.v
TIE LABOR COMMITTEE.
The House Committee on Labor organ
ed to-day at the residence Of its chair
80. Mr.. O'NeiIl. OF Missouri. Mr.. F0-
q. Of O1i0, y 40 wanted to be chairman
rae committee, and Mr.. Daniel of Nir.
a. were not present. The committee
lksd for several hours about the various
maasures affecting the labor interests
ligh had been referred 80 the commit
e. with a view 10 determine which
y l0uld De frst presented TO the House for
0csiderau0n. and dnally authorized its
lirman 10 report 10 the House next
eek, 4 resolution asking the President
1et1er the s-hOur law Is beng aud mas
s B. "a enforced in the different departments
ne Government, If 30 what are the re-
la Of It's operations, and If It 1as not
been enforced she reasons for its nOu-eL-
ela8u. This resolution the majority Of
3 committee think, viii be passed By
ia Houses.
TARLEE REBORN
The Democratic members Of the v avs
j ld Mans COm mi5tee held informal con-
sgeaces Yesterday and GO-daV with a view
securing s0me tariff legislation at this
8siJn. All the Democrats Of the W aYs
- Means Committee are revenue re-
rulers; therefore the only question for
Der cons Iteration was a. to " Lal sort OF
.eVenHe reform OIL should be presented
me House. lis Is understood tla5 i5 vas
ally dererml ned That tariff bill should
framed which would not only pass the
II use but would stand some chance OF
4essi1g the senate. I5 Is evident such
] would provide tor very I'm Ted reduc-
11s Ia the rates Of duty. 0as 1t might
rect some Of the moons IsEsncies and
eongru ties OF tae tariff. The prepara-
ou " the irs5 draft OF the proposed bIIl
4 probably be left TO Dir. Hewitt, OF