Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1890-01-18
Te|egraphic 7jdings
SILVER Is SAFE.


WASHINGTON, Jan. 1S.--On Monday
next the house committee on coinage
weights and measures will give hearing
to the advocates of the free coinage anC
those interested in the silver question.
Treasury officials who have seen Secre
tary WINDOWS bill as finally revised say
that it is much safer measure thar
when first drafted. The provision limit
| iny the acceptances OF sill er to the prod.
ucts Of American mines has beer made
as binding as possible, and if lie bill is
passed serious effort will be made to have
this provision enforced.
Senator Mcpherson, one of the Demo
cratic members of the senate finance com.
mittee, is Outspoken in his opposition to
the Window measure and says that he
does not believe that the bill can get
through the committee.
| The radical silver men seem more op-
posed to it than the conservative repre-
sentatives OF eastern oplnian. They de-
clare that it gives too much discretion to
the secretary and it treats silver as com
modify instead OF a money metal,
Gen, Warner, the Chairman of the sill
NSI GaptuGlNt " uS az httl IbT
a. expression of his views of the Window
plan.
II think" said Gen. Warner, "that the
silver men are generally opposed to the
plan, or at any rate with the discretionary
power left with the secretary to suspend
the operation of the law. The silver men
are united on the one proposition OF full
bi-metallism, but the money volume must
be left to the natural regulation through
the production of the precious metals,
therefore to give to the secretary the
power to suspend the regulation by natural
laws and make it depend upon the will or
judgment of one man would be to place
in the hands of that one man power that
no man on earth has ever before poss essed.
"With this discretionary power eIimi-
mated from the Window plan, its adoption
or not becomes question of the method
of reaching the end arrived at by all sill
yer men, i. e., the restoration of silver as
a money metal, because undoubtedly the
plan, faithfully carried out, would result
gnally ia bringing the two metals togeth-
er at the ratio provided in the bill as the
limit Of the price to be paid for silver.
"But l can't undertake to say in ad-
vance," Gen. Warner continued, "wheth-
er, as mode of reaching that end, the
silver men would agree to accept the Win
dom PLAN"
"Isn't this plan substantially the one
proposed by you three or four years ago."
Except the discretionary power given
to the secretary the plan does not differ
from that contained in the bill | intro
duced in the 49th congress, which had the
approval of Mr.. Tilden and many leading
public men,"
"What will congress do about the silver
question this winterW
81 think congress will discuss it and act
upon it. Just what form its action will
take it is now difficult to foresee, but you
may be sure that no back ward step will be
taken. Whatever is done will be a move
forward to the final restoration of silver
and the re-establishment of bi metalisnp."
"What will the silver men propose
Will it be unlimited coinage or the coinage
of the maximum already provided by
law?"
"The silver men are almost unit in
favor of free coinage, some of the abltst
advocates of silver, however, like Jonn
Thompson, of New York, are in favor OF
the coinage or rather the issuing of Ger
tifcates upon bullion upto the maximum
required by the Bland-Allison act, believ-
ing that such step wosld very soon re-
suit in restoring the parity OF the two
metals but the difference among the sill
yer men, at any rate is only one OF
method of reaching the same end-the
restoration of bi-metalism. All phases Of
the question, however, will be discussed
by the committee while in session, and it |
is not easy to anticipate what result may
be reached, except that it is safe so say
hat they will not deviate from the one
object in view, the full restoration OF si.-
YER"