The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1890-06-13
OUR WASHINGTON LETTER.

fOIlll Jul hCSuAdL Correspondents
WASHINGTON, ID. c., June 9-On rising to ad-
dress the Senate on the silver question, MIR. Sher-
man said that he had not intended to discuss the
subject until some practical measure had been
brought forward; because the bill reported from
the finance committee was only an uneasy gn0St,
wandering without father, without compass with
out guide with no one to call for a vote upon it,
and no one to demand solution OF the dlfhcult
problem. But as he was compelled to absent
himself upon more important business he availed
himself of present opportunity to say something
which he had written. He harangued against the
free coinage idea, and quoted certain figures fro5
government report the accuracy OF which was
instantly challenged by Senator Teller. Mr. Sher-
man insisted that the figures were from govern
ment report and therefore must be correct, and
wanted TO know what newspaper scrap would be
brought in to controvert what he had read. Sena-
tor Teller still politely insisted that the truth had
not been told and wanted to correct the state
ment before it was made public. Mr.. Sherman,
however, would not yield the floor.
On Thursday MIR. Mckinley reported resolution
that the House Immediately consider his silver bill,
until Saturday at 3 p NJ, when the previous ques-
tion should be considered as ordered. Forty minu-
ties were given for debate.
Mr. Blount said that he had no objection to the
time allowed for debate but that the
chairman of the committee OF coinage weights and
measures would be allowed to offer all the amend
nents that were admissible under the rules of the
House. and that when these were offered there
would be given no opportunity to the minority to
offer any amendment, or to ask the House to vote
on the tree coinage of silver. At the Republican
caucus the other night there had been much dis
cussion and it was necessary to whip in the friends
of free silver by this resolution. 1t was wicked,
shameful and an outrage OH the minority. There
were many Republicans who would vote for free
silver but for fear of the President who in
cord with the Secretary of the Treasury, and both
i'll accord with Wall street. 1t was.a humliating
sight to an American citizen when in the presence
of the President the Republicans were driven to
trampling down the rules of the House. II the
majority and the President yielded TO the money
power the masses hereafter would dictate and en-
force legislation.
Mr. Bland said that there was no doubt but that
a large majority of the House favored the unlimit-
cd coinage of silver, and i'll order to prevent that
fact from appearing Oh the record it was necessary
To gag all the Democrats and many OF the RepuD
licaus. Mr.. Williams said that the resolution was
intended to prevent the majority from legislation,
but the slick drivers of the Republican flock easily
rounded most of it up, and gained their point as
usual, 100 yeas, III nays.
This bill, which goes into effect 30 days after its
passage. directs the issue of 81, 100000 worth OF
silver every month to be paid for by silver bullion
treasury notes. redeemable in coin, and made d
legal tender for all debts public private, except
where otherwise stipulated in contract. The Secre-
tary OF the Treasury may redeem them In silver
bullion at the market price. and may coin such bull
lion as is needed to redeem silver notes, but the
81 900 900 coinage act Is repealed. IL silver goes up
to par coinage shall be free. Finally $50 coo 900
held in the Treasury as a redemption fund, for
the notes of retired national banks, is to be turned
into the general fund
The business men are now having hearing be-
fore the Finance committee OF the Senate, in pro-
test against the injustice of the Mckinley bill Mr..
A III. Saxton, of New York, represented the job
bling hardware trade of the United States and an
investment of $50, 900 900. He fully and strongly
exposed the misstatementS OF the cutlery manu-
facturers by which they had induced the commit
tee Ways and Means TO reduce the cutlery rates.
He showed by their own statements and government
tai statistics that their products have increased so
per cent. i'll the last six years, instead OF largely
falling off as was claimed; and that importations
had decreased 7 per cent That instead OF this
profit being $4,000 in 1887 as stated by them, 1t
was 81 100000 The malt dealers are next in order.