The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-04-13

Secretary WIndom Appears Before the
Republics Co@nfstee.
wAsHrseros CrrY. April 1.-THE Re
publican caucus committee having under
confederation the question Of legislation on
the silver question had smother meeting
today. The subject Il being thoroughly
discussed with . view TO arriving At some
common ground upon which ali can stand.
Secretary Window Was before the commit
tee today by invitation. and remained
about two hours. He engaged in the dis
cussion. He IL not disposed to intYude
upon the original bill bnt expressed him.
self willing 70 accept the terms OF the meas
ure reported 70 the house committee. The
session Of the committee lasted until 2
O'Clock. then an adjournment Was taken
till Monday morning No vote was taken
on any Of the propositions. No conciu-
sion was reached.
The delay in arriving at an agreement
appears TO be caused by the insistence oil
the extreme silver men upon absolute free
coinage. The conservative element favor
the House bill, and there h . leayen Of re-
strictive feeling at work.
The section Of the House bill particularly
attacked by the silver men is that making
the treasury notes issued In payment for
bullion redeenable in bullion.
They argued that the effect Of this would
be TO pile up bullion in the treasury and give
a warrant for the demand Of the radical
farmer element for ten government ware
houses in which their agricultural products
may b stored and government notes issued
thereon. By the want Of treasury notes re-
deemed IN lawful money which may be
procured by coining the bullion purchased.
On this point Secretary Window contented
himself with reitsrating his preference for
the House provision. He also expressed
regret that the committee had stricken out
Of his bill the provision giving him discre-
tionary authority to suspend the purchase
OF bullion.
The members OF the Senate Republican
silver committee have not had . meeting
since Thursday night and indications are
that they will wait until the House caucus
announces its conclusion on the subject.
That committee consists Of Senators Mer-
rili. Allison. Aldrich, sherman, Jones and
Hiscock. six Republicans, members of the
committee on finance, and Davis, Mitchell.
Mcmillan. Henderson, Pistt, Pierce. and
Teller.
The silver men on this committee are
c0ntsnding for the free coinage OF bullion
produced In The United States and Of Mexi-
can ores smsltcd in the United States re-
fineriss. They say that the entire amount
produced In the United States and Mexico
- shown by statistics Of the treasury de-
partment Is 81 .000.000 ounces annually, all
but 100000 ounces being native produc-
ton This entire amount. they claim. Is
not ~ great ut present values. as the sec
rotary Is required to purchase by the terms
Of the Jones bill That bill requires the
purchase monthly of silver bullion to the
value Of so. 10000, but they admit that
the effect Of the passage Of the bill would
Be the increase Of the value OF silver.
In case tey are unable TO secure anything
from the COMMITTEES more favorable to them
than the terms OF the Jones bill, the silver
men will insist upon . substantial increase
Of the paper Currency OF the country. There
are several suggestions in the bill by the
committee respecting this point