Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-04-14
THE SILVER QUESTION.
Secretary Window Attends ihe Re
publican gaucus Meeting.


WASHINGTON, April 1.-THE
republican caucus committee hav-
ing under consideration thequestiOn
Of legislation on the silver question
had another meeting today. The
subject was thoroughly discussed
with view to arriving at some
common ground upon which all can
stand.
Secretary Window was before the
committee by invitation. and re-
manned about two hours engaged in
discussion. He was not disposed to
intrude upon the original hill but
expressed himself willing to accept
the terms Of the measure reported
by the House committee.
The session of the committee
lasted until O'Clock, and then an
adjournment was taken until Mon
day morning.
No vote wac taken on any propO-
sition, and no conclusion reached.
The delay in arriving at a conclu-
sion appears to he caused by the
insistence Of the extreme silver
men upon absolute free coinage.
The conservative element favOrs
the House bill, and there is n leaven
of restrictive feeling at work.
The section Of the House hill par
ticularly attacked by the silver men
is that making the treasury notes
issued in payment for bullion re-
deemable in bullion. They argued
that the elect Of this would be to
4. N.un -. 4
give warrant for the demand Of the
radical farmers element for govern
ment warehouses in which their
agricultural products may be stored
and government notes issued there
on They want the
TREASURY NOTES REDEENABLE
IN lawful money, which may be pro-
cured by coming the bullion pur-
chased. On this point Secretary
Window contented himself with
reiterating his preference for the
House provision. He also expressed
regret that the committee hadstrick-
en- out Of his bill the provisiongiving
him discretionary authority to sus-
pend bullion purchases.
The members OF the republican
silver committee have not had n
meeting since Thursday night, and
the indications are that they will
wait until the House caucus an
nounces their conclusions upon the
subject That committee consists
Of Senators Morrill,, Allison. Adj
rich sherman, Jones and Hiscock,
the six republican members OF the
committee on fnaI,e, and Davis,
Mitchell, Mcmillan. AIandersOn,
Plat, Pierce and Teller. The silver
men on this committee are contend
ing for the free coinag- Of the bull
lion produced in the United States
and of Mexican ore sIueited in the
United States refineTirs. They say
the entire amount produced in the
United States and Mexico, a.
SHOWN BY THE STATISTICS
OF the Treasury Department, is 81
000,O00 ounces annually, all but
1000, 900 ounces being Of native pro-
ductiOn. This entire amount, they
claim, is not as great at present
values as the Secretary il required
to purchase by the terms of the
Jones bill. That bill requires to
purchase monthly silver bullion to
the amount of Si,5'lO,O O0, but they
admit that the effect Of the passage
OF the bill would he to increase the
value OF silver
In case they are unable 10 secure
anything from the committee more
favorable to them than the Jones
bill, the silver men viii insist on a
substantial increase Of the paper cur
rency of the country. There are
several suggestions made respecting
this toint.