Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-07-14
SILVER RTII
fhe conference Report Adoptesi hF
nsfrfct Perfy v,sr,

/ u "FlN NHNeh
i WASHINGTON, July i2-Tp IN,
House, Dingley lAIainel presented
a memorial from the State confer.
ence OF the Congressional ghi,rch
OF Maihe, Tor the passage Of the
original package BILL Referred.
| Conger Ia called up the confer
ence report ON the silver bill. Coager
said TIT bill presented in the report
was, as an conference bills must he.
In the nature Of a compromise. It
was not Just such a bin as he
thought Congress ought to pass;
was not just such a dill, perhaps, as
any member OF the House would
Ike TO pass II he were preparing n
measure 10 slate his convictions. bst
It was n bin that would answer the
demands OF the country; that would
answer the demands OF the silver
miner; that would answer the de-
mands OF the agricultufist, lnborers
anu business men OF the country.
me bill would give The country. at
the present price OF silver, an iu-
crease Of 5000, O10. The last see
ton Of the bill unlocked sTO, OOg. 900
now tired up fOs the redemption of
tank NOTES, r''ShilE Z total increase
OF circulation in the next twelve
months Of $40, 600, 600. The work
OF the House had been moving the
country rapidly towards the estab-
Ashment Of party between silver
and gold. When Congress met sii-
yer was ninety-twO cents au ounce.
Yesterday it sold for SlOT}. Since
It had been announced that the
conference lad agreed upon a Hill,
silver bad gone M NOR then three
cents IN u.nce. Republican aP-
niaUseI.
Cutchean CMich.l regarded the |
conference bill rs vast improve I
ment over the mOnstrUsity sent here !
~ the Senate, which proposed to
make the United States mint a |
dnmping-ground for all the silver OF
the world for the benefit OF specuIa-
ton. 1t was also an Improvement
over the bill as originally passed by
the House.
Herman tOregonl favored ibe
bill Although Il d!I mol contain
The fullest recognition Of the equal
lily oil gold anu silver a a money
metal, II was 4 concession on both
sides Of the question, and was a
victory for the Popular demand. I'll
was long step towards free COIN
age.
Bland wis. hoped that the next
House would be a free coinage
house, but that the House would he
composed Of those who advocated
Tree coinage and stood by their
'olors. Ii would not lie composed
ii the Republican party, which. by
gag rule, had voted down and stiiltI
Tree coinage. II free coinage came
a all IL wOuli come from that marty
which stood firm 10 the Gag Of free
coinage, and which had not SIR
-sndened its principles az tire heck
u Wall street. He denied that the
bill was the result Of a free and
air conference. II was the result Of
secret meeting u the republican
'onicsees. He, rs confrrec. had
lnoTu nothing Of The measure until
{ had been framed a'.i TIKI se.i1tt
'eady - bc Signed. The democratic
members had been ignored IN the I
PREPARATION Of the bill. IL was a &
quiuine uill. There
;Ould lie traced in this measure, a I
tealthy and Italian hand. The bin {
urrendered every principle Of bi- !
nelallisn. II surrendered free coin
.se. 10 made combination with /,
ne bullion sEeCulaigns Of Wal! ]
street. He denOgLcei itasa fraud !
nj cheit on the people, Iwho were
demanding 4 ratio Of sixteen To one. &
was neither a silver bill nor n :
.reenback bill, but simply q political q
evice, concUcted to tide over an 1
He denounced il rs a '
rand and would Genounce any
MEASURE rs fraud that did not pro- I
ide for free coinage. II the con i
srence report was rejected another Z
difference would be- held and the s.
lJeciionable features Of the repgrt J.
,Ticken out, and that was what ne l
4 undertaken to do. q
Morrow tCal.) expressed approval Z
{ the conference repOrt and urged >
nat tie depression in the price of
liver in recent Yeas resulted from y
manipulation. b
In the course OF debate Townsend a
colo.) said he and some other re- 81
ublicIns had voted for free coin "
&c ami If the gentlemen On the ..
-her side had stood solid a free :
liuage bill would have passed the L
louise. Then they had recognized &
IA; the only way to get silver legis- n
ItiOn at this session was to 20 hack
the republican party where they 4
adj always belonged, and get il y
ON that party. m
The conference report was finally N
greed to by n strict party vote
-as l222, nays 90.
The bill now goes 10 the President /