The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-04-17
THEY FAILED TO AGREE.
REPUBLICANS BADLY MIXED ON
THE SILVER QUESTION.

fhe Conclusion of the subcommittee
Not Satisfactory to the House Com
mittee, Which Presents PROPOSE
ton Unacceptable to the Senate
Subcommittee-AP Profitless Meeting.
WASHINGTON, April 16.--The House re-
publican committee on the silver question
held meeting this morning and heard the
report of the subcommittee appointed to
confer with the subcommittee Of the Senate
republican committe, with the view of COM
ing to some agreement as TO basis for the
passage of silver bill. The subcommittee
reported that it had been agreed that the
bill should provide for the purchase of 4,50o.-
900 ounces of silver every month, certifi-
Gates issued in payment thereof to be re-
deemable in lawful money.
At first. it is said, members of the
full committee were inclined to
accept and adopt this basis
and voted to do so. Afterward, however.
in discussing the manner of redeeming the
certificates sentiment developed in favor of
making them redeemable in bullion. This
proposition was advocated by the majority
Of the committee. and the subcommittee
was instructed to again confer with the
Senate committee and endeavor to induce
them to agree to provide for the redemption
of certificates in accordance with the views
of the House committee. A meeting of the
two subcommittee will be held this after
noon for that purpose.
NOT LIKELY TO AGREE
A member of the Senate subcommittee
said, in conversation upon the subject, when
the action of the House committee was
under consideration, that no such agree
ment as that would be recommended by his
vote. He said he did not believe there
were five senators who favored the re-
demption of the certificates in bullion.
They should be redeemed, as agreed
yesterday. in lawful money. That gave
TO the government the option OF
determining with what form of lawful
money 1t would take up the certificates
gold, silver or legal tender notes-but it
must be all money. The senator said that
it was expected that at first the cost OF the
silver purchased would be less than 81, 500,-
900 a month. but that under the operations
of the bill the price would be enhanced so
that in a short time the cost of silver
Tas, wSaid tbSs rSa'A ,um and probably sIso sGT,
expected. he said, that for a time at least
other silver than the product of the mines
Of the United States will be necessary to
make up the full amount OF the monthly
purchases
Anotner senator SAID IL was rapidly be-
coming manifest that an agreement must
be reached by the republicans, else a prop
osition would be made for unlimited free
coinage, and would pass both houses Of
congress-
FRUITLEsS MEETING.
The meeting of the subcommittees this
afternoon was productive of no result. The
House members presented the proposition
contained in the bill as reported by the COM
mittee on coinage, weights and measures
making certificates issued for purchase of
bullion redeemabe Ia bullion, the amount
to be fixed by the market price
ON the day the certificates are presented.
This was not acceptable to the senatorial
members, however, although some of them
are willing, in order to reach a conclusion,
to add proviso that, in the discretion Of
the Secretary of the Treasury, certificates
might be redeemed in bullion, but this re-
striction or limitation did not meet the
views of the House members, and the COM
mitteas separated. The Senate silver COM
mittee will not meet again until Friday
morning, as several of the members will be-
out of the city tomorrow.