The Daily bulletin., 1890-06-28
FREE, SUGAR
Accepted BY the United States
Senate Slight Changes in
Sugar Schedules.
Eiaine's Views and F9o-
ilcy Rejected.
Colonel arrrcItcss on the situation.
Free silver ColSpg', shipping,
Etc, etc.
(CoacIuded.) }
SAN Francisco, June 10Th.
FREE SILVER COINAGE.

The United states Senate, the
most conservative and perhaps the
the weallhiest body Of represent
ative men in the world, passed a free
silver coinage bill on the 18th inst,
making silver certificates and silver
coin legal tender for all debts, pub
lie and private, aud making compul-
sorry the purchase and mlntage of
"a 800, 900 dollars OF silver bullion
montbiy. Tie silver dollar may he
coined OF standard silver 4l2t grains
Gue or 20 $40 grains standard gold,
"said coins to he equally legal ten
der for debts, public or private"
This bill was passed despite the OPP
position Of the President and Adj
ministration who are the advocates
of gold standard in the interest Of
Wall street spectators and the bank
ring. The Democratic Administra-
ton was similarly controlled by the
usurers and manipua,ors of credit,
and this revol, of the Senate against
the tyranny of Wal! street and the
gold ring is one of the most signif-
cant signs of the times. The vote
was AZ for free silver coinage and %
against 1t. Senator Stanford, who
is in Europe, is strong silver coin
age man. An attempt will be made
to have the bill shelved by getting it
into q conference, butihere is q ma
jority to carry it in the House and it
is believed that the Senate bill will
be agreed 10. Should the President
veto the bill, which would absorb,
for coinage purposes, the visible
silver output of the United States,
the great West wonld be lost TO the
Republican party. 1t is very singu-
lar that the aggregated wealth Of the
United States. outside bill shavers
and spectators, is in favor Of BIZ
metallic standard, and regard the
silver dollar of 4l2a grains as the
full money equivalent of "a gold dol
lar of 20 8.l0 grains, while the Ha-
waiian law discriminates in favor of
gold, and makes silver legal tender
for only SO. This gives the eapi-
taiist class an advantage over the
non-cspitalisf, which would not ex-
ist were fixed ratio between the
metals established. Would it not
be prudent to adopt the American
monetary standard as laid down in
the Senate bill after the most ex-
haustive and scientific debate 10
which the question Of the single and
double standard has ever been sub
jected. 1t is only question OF time
when this will be the monetary basis
not only Of the United States hut OF
the entire commercial world. Even
the British Cabinet is divided on
the subject, and the Directors Of the
Bank Of England have been pretty
unanimous in favor Of the double
standard. Its adoption would emanci.
| pate British trade and manufacture
ers from the thraldom of Lombard
street, Just as the tyranny and ma.
lign influence Of Wall street would
be got rid Of by the complete reno
netization Of silver in the United
States.
THE AMERICAN REFINERY CASE.
The Chronicle intimates that notice
OF motion for new trial in the SUI
gar case entitled Havemeyer VS.. th,
] superior Court OF California was ill.
cd on the 18th instant in the Su
preme Court by Mr.. w. II. Pierson,
of counsel foi the respondent, Tho
grounds OF the motion are irregular.
i,y in the proceedings, abuse OF dis
cretion by the Court, accident snc
surprise, insuiliciency of the evi
dence 10 justify the decision, thai
the decision was against The law
and errors in law occurring Mt ih'
time.
SHIPPING NorE5, ETC.
The Commercial News, San Fran
cisco, June 10Th, reports: "Th,
steamer Australia. waa inspected b.
the United States Local Inspector
Of Hullo and Boilers Tuesday after
noon, and having been found il
good condition was allowed to H.,
the American dag. Heretofore th
steamer has flown the Hawaiian flag
but by an act recently passed b,
Congress is now an America
steamer, she having been PRACTICAL
rebuilt, ct heavy expense, at IL!
port"
Advlces have been received froi
Captain Dodd, OF the :. ). C!au
dine, at st. Vincent, Cape Verdes
May l7lh, giving details OF the acoI
dent to the screw on 18th May, q
miles from the Cape, The weathc
Was ine, sea moderate, engine
making eighty'Hye revolutions. Ih
second engineer who was on walc
felt Il shock, bat nothing wps ylsibl
from the deck sail was set an
; 81. Vincent reached on the l5,i
Steps were taken 10 replace III
! screw, the blades Of which WEI
brohen short Oh, The ciaudiu
wonld probably put into Mont
Nideo for coal, II would take abol
is days 10 reaoh that port, The shI
averaging 30 miles per day on