New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-12-16
NO CONCLUSIONS REACHED
THE prPI-RIICAN SENATORIAL CAUCUS FAIL
TO AGREE On A SCHEME OF FlNAN-
CBAL LEGISLATION
TBY TELEGRAPH TO THE TRiRUNE'1

WASHINGTON Dee 15.-The conference o. hePo"-
uoar Senators called tonight 10 consider hhahcl'1
measures deridcd upon by the SPECIAL aucu' 'oll-
mittcc reached no conclusions, ana al''r ulS'"N',
inc the various measures suhnH'ei' "'JI"i"
until Wednesday evening. The ch'i Poi"O vi
difference was the intcrcoHVcr;lblc feature sur
rested by Mr. Window. II met some opposi""n
and was finally dropped. while the o'"cI ic''"iv'
of the proposition Of the committee me- "i''.
practically unanimous approval II" ''""" 81
those present was that the different measures
soon 70 be brought in the senate Suo'u" oo"'ii''u
the entire support of the RepuoIo'"''
Tho report of the committee went over Tor
,,rtbcr action al another caucus to he hcld III
day or two. The pending Elections olil was not
oven discussed and the understanding Is 'na' u
will remain before the Senate at least until 'he
next caucus makes some order in the matter
Tho caucus committee of eleven reached their
agreement upon the report to ne Suomi''u To INC
evening conference about o'clock this afternoon
Tho subcommittee Of five. NcSSIS. Nhermah' Al
icon ,drch. Plumb and Teller. had hecn IN >eS-
sion all the morning and after nearing tn' views
81 Secretary Window on the various proroslto9S
orercd for consideration, had decided t. combine
as many of them rs practicable into a sort OF
- ourihns" financial hill. Mr.. Window recon-
ue,ded the purchase of the surplus silver product
ord ,be Issue of tie iutcrconvcrtihc per cent
hands as measures which would have sanitary
ACCT unon the money market. and would tfnd IN
. marked degree To loosen the present Nhahclu
s,riD.cncv. and his advice had a GOOD deal 10 90
with the incorporation of IL" second at least 4"
these two measures of relief into me eenerh
scheme of legislation. Tie other features ol 'ic
nrocr,rnrc were then tackled on e. these two nam
nropositions They included the issue OF silver o'
Treasury notes 10 take the place oi Nalio' al MIX
90 -
notes which had been retired, the Tree ''IlI-' "'
silver when that metal would remain for year
ION a par" with gold, and the au'h"Il/dI'" /"
National banks TO issue currency prartl ally up ''
tho ful amount Of their holil. IS OF h''dS Inc
committee of eleven was called ,o-cihcr a'out "
o,clocL N tie afternoon. and after an hour ; us
cussion the work of tire subcommittee WIS i.-
aorsed unanimously The conclusion e'nhodc'
in the omnibus measure were wholly satisfactory
N no individual committeeman, yet an atIt'u
That no better scheme Of legislation could ne d'-
,.isod which should both meet the present einei-
oencv md content al conflicting Interests
Tho first in order Of the committee prop'Si-
,ions that TO buy mp the surplus silver pI"o''''
has been under consideration for several days a"'
WAS practically determined upon last N''''"'N'
Tho outstanding surplus is thought to amount To
eholt II 100000 or 12.0o0.oo0 ounces ana VIII
IN tina, case cost from $4,000. 600 10 %l5."v'o''.
This bullion Is 10 be purchased by the SECRETARY Of
tho Treasury At The market price al the I''e Oh
so, moro Ian $4,000, 600 IN bullion "a mon D.
such purchases. Of course. are TO ~ I'D 'I.'-""
10 The monthly pIcsdsc VI t'''',VV'
authorized by lie SILVER ldW ~ last >ui'''I'I
N. < leo station II l. t.ougt. VIII nave u" liH
mei.at,. erect Of forcing silver almost ~ u par
The proposition I" 1851" PER cent '"' IN '''
first from senator sherman, "h' l.H d WA -"
Loivinl, tn. scheme referred recently - l-' 9.'
afc Finance Committee. th" amount OF l.r p"
no.eJ i.,ue was fixed hy the caucus committee ~
= lac .eN. lt