Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1890-12-18
Republican Caucus.

TIE shId caucus of the republican Sene-
tors on the state Of business was held in
Washington las. night, and resulted in
agreement. The basis was the adoption OF
the financial scheme reported by the eau
Gus committee, With the exception CT the
two per cent. bond reject, which was elm
mated. So the measure vii provide for
the purchase CT ihe twelve million dollar
silver bullion surpre; the reduction of the
compulsory requirement OF bond deposits by
national banks; the extension OF the ma
tionai SaL circulation TO the full smouni OF
eheir Goud deposits; the replacement Of the
deficiency 10 national bauk circulation be-
low $3.50 coo 000 By treasury Dotes based 90
silver baiion purchases; the provision for
free coinage woea silver Is Usntaine G at Dsr
| for cno yaRr the provisions for charge op
the conversion OF gold ccin into bare, ard
the yecoinaee Of the subsidiary silver coius.
Tbis maasure was not satisfactory in every
ioia:. o 81 Senators, but WAS accepted a.
tho oeet possible ccmprcmiss.
TIE measure was recomunittad to Tho eau
GU ocG G3i.;ee with instructions 70 perfect
Il il form anl: give it over 70 the fnGnce
ooumitiee. wbioii vi report it 90 the Seq
$40 at an early day.
Tha caucus s!so instructed The committee
on Iu'es 90 prepare aud report through
Gbai, ;ian Aldiich cloture rule. II is un-
detstood that 1t will be framed on lines OF
the rue PROPOSED last session by Senator
Hear and wil! provide for ordering the pre-
vious question On any pending proposition
after o reasonable time allowed for debate.
This rule is not to bs reported until the f.
4 b.s hae f...S IN tho 2ap-
alta by the finance committees. No provision
Was made for the adoption of extraordinary
measu fes to secure action BY the Senate up
CO the proposed rule, and future develop
naents are expected to shape the policy OF
the majority in that respect While the f.
psncial bill ia IN prccese Of construction. The
debate en- The elections bin ia expected to
continue The friends Of this measure we're
satisfied with ;ne programme agreed upon,
US they thought they eew in the proposed
new clotuse rule mesns Of securing final
action upon their teyorite bill.
The twelve million ounces OF silver bu-
lion is TO ne pufchssed during the calendar
wear, net exceeding theee million ounces
10 any ono month, and is ia sdditloo to the
amount Dow required to be purchased
monthly.
TIE financial problem being ee.ilsd to the
satiafaction Of those present, the next ques-
tion was whether it should take preoeoence
OF the House bill. Mr.. Hoar opposed the
latter proposition. bus was overruIed, and
the fusnoe Committee was sutboE'z d 10
move temporary postponement Of the force
till until tue financial measure is dispoe-
ed of.
Il was argued that the democrats could
not eff1rd to oppose the foaacie! bill in
view ofthe public statemsnts Of their lead
ers, and under the circumstances there will
probably be nc delay In passing 1t.
To sole Senator Hoar sDd the friends
of1he force bill! sn agreement was reached
by which the committee on Jules wss In
sttuc,ed to bring in rule providing for tbs
previous question. 80 that the force bill Gay
be taken up and another effort made to dis
posa of it "a soon as the financial bill is out
of the way. They also decided TO do away
withtt usual holiday fecsts.