The morning call., 1890-06-07
WILL FIGHT IT OUT.
Silver Men Will Continue the
Struggle.
Francis G. NeXlandS Expresses His
Views on the Outlook.
He Says the House Bill Simply Reduces
the White Metal 10 a COmm0d-
lty-BulliOn Redemption.
Special Dispatches to TIL MORNING CALL.


WASHINGTON, June 6.-To-morrow the Post
viii contain the following: The action Of The
House Republicans at theiI conference and de-
bate In the House has added fresh interest 10 the
silver question, and there Is considerable curl
lily on tie part OF the public 10 learn how the COM
promise measure is regarded by the bImetallists.
When Post reporter called on Mr.. Francis G.
Newlands, the member OF the National Silver
Committee from the State OF Nevada, lie was
found in the midst OF dismantling process at his
home, as he is preparing 10 return 10 Nevada to
spend the summer months.
Have the silver men given up the fght?" re-
peated Mr.. Newlands IN reply TO the reporters
question. "Not all. We are very much in earnest
In this matter and do not intend 10 run at the hfSt
hre OF the gold men,"
" Then you do not regard the measure proposed
In the caucus OF the House Republicans as sub
stahtial recognition OF the request of the silver
men?"
"rhey simply juggling with
THE SILVER QUESTION
In the House." said Mr. Newlauds, "and as result
the Pill apparently providing for the increased
use OF silver. but really demonetizing it, has been
placed before the House. aud is TO be rushed
through debate of another day and a half without
The privilege OF Offering any amendments"
bus wilEbe bimetaliiStS not MAKE an effort TO
amend This bill ?"
liam unable to say that will be the action OF the
silver men In the House The only opportunity TO
test their strength Will be on motion TO reeommlt
II motion to recommit is made to provid
for free coinage and is lost, then there can b. no
test ON the bullion redemption feature. L think all
the silver men IN the House should vote against the
bill. Itreduces silver to commodity and de-
prlves II Of Its chief element of value as money
metal
" Then you do not regard the bill az being as much
OF compromise as has been claimed for It"
THE BILL Is MoNoMETALLIC,
Nothing more or nothing less. Silver bullion is TO
be used simply as security for the cert hca,es
issued upon it, -Four and a half million dollars
worth pure hased the first month can be redeemed
the next month. Should the increased purchase OF
bullion go until 800, 100000 is accumulated the
entire amount could be withdrawn at any moment.
The currency would thus be contracted to this
amount and large amount of bullion thrown on
the world. predict that If this b.ll were to
pass the Treasury would be but a conduit through
which England would draw ner silver for use IN
India. But the gold monometallists, who are push
ing this measure say this power viii never he exer
cised DO you doubt that If Cleveland Manning
and Jordan were in power it would be exercised?
WHY THIS POWER ASKED FOR
And Insisted upon If not to be exercised? Can
there be any doubt that 1t will be exercised at some
time under some Secretary and by some system Of
Juggery. The bimetalsts insist that Whatever gold
or silver goes into the Treasury should come out
only as money either In the shape OF actual coin or
certificates calling for coin in the Treasury"
DO yOu think the silver men in the House VIII
stand together regardless of party lines ?'
"I don't know. The party whip Is being applied
to the Republicans, although tne caucus was de-
clared to be
NOT BINDING
On the participants. 1t was meeting for confer
only. The business of the House, by reason
OF the power of Committee on Rules is under the
control OF three men-Reed, Cannon aud MCKin-
age can be safely entered upon, but will not make
fight Tor his views. Reed and Cannon are pro-
bic for the action Of the House. and upon them will
rest either the honor or the odium of this measure.
l am told that in the conference, when Mckinley
made his motion to strike out
THE BULLION REDEMPTION CLAUSE,
Reed opposed 1t in vigorous speech in which he
declared we must adhere TO the gold standard,
otherwise we would sink to the level OF China aud
iThen you do not concede this argument has any
force ?"
"No. Does any one suppose the condition of
India or China would be changed il they were to
adopt the gold standard? Mr.. Reed might just as
well advise Us TO refrain from eating rice. lest
become Cinnamon. ! hope the bmetalists of the
House Will act their conviction, regardless of
party and not delegate their right to think and
TO select coterie. If they have an opportunity let
ble let them vote to strike out the bullion redemp
tion feature II these fail let them Kill the bill, and
falsely masquerading as the friends OF silver, be
HELD RESPONSIBLE
By the country for their violation of that plank in
the Republican national platform which condemns
Cleveland for his efforts to demonetize silver and
declares for the use OF both gold and silver as
money"
Are the silver men discouraged over the out
look, MIR. NewlaudS?"
Not in the least They are annoyed because
there is not immediate action on the question,
which Involves the prosperity of the whole country.
and to the favorable solution of which the Kepub-
Newlands.
The Senate is overwhelmingly opposed to bullion
NJ.
tors from Western States in which silver is the ALI
important issue to hold the Tariff B up until favor
able silver legislation be secured. If was i'll
the Senate would join the Democrats in
LAYING THE TARIFF BILL
To one side until the East would consent to deal
fairly with the West question OF such vital I'M
portaucc. am tired of seeing men whose vision does
extend west of Wall street controlling the leg
slation OF the country The Republicans OF the West
have cheerfuly joined the Republicans of the East
in protecting industries of the country, although
those interests lie almost entirely east OF Ohio thus
and vi inr Tha NAT Iinr
East proposes take all the turkey and to give the
West the crow. The West now has good taut
there is something more like equal division of
beneficial legislation. These men who are cOntinu-
ally opposing Western interests do not hesitate to
use the party
To ADVANCE THEIR OWN INTERESTS,
And when it is necessary they ignore party lines.
The Western members should no longer allow them
selves to be forced into the position of hewers of
weod and drawers OF water by the crack OF the Re-
publican lash"
"Has the National Silver Committee decided on
any action?"
''Yes. the committee has been in session and has
determined that IL any bill is passed which contains
the bullionredemption feature n National Silver
Convention shall be called to assemble Immediately
cluding labor and farming organizations. will be in
ved TO participate. predict that In such an event
that convention VIII be the largest and earnest
ever held in the country. The organization of the
National Convention recently held in st. Louis is
complete in every State in the Union and
AN ACTIVE CANVASS
VIII be conducted against all Representatives who
betray their constituents in this question and es-
peciay those Republicans who vioate their pledges
on question which is above party and involves the
prosperity and happiness of mankind. The man who
votes for gold redemption votes for demonstration
of silver aud Will have to defend himself on that
ground. The uphogders of this new system of op-
preston only seventeen years ago, by which the
their boards and the burdens of all obligations by
cutting off one of the natural sources of money,
simply VIII have 70 meet the producers the farmers
and the laboring men at the polls. 1t is
TINE FOR PLAIN SPEECH,
And therefore the note of warning OF threat"
'Is there any interest at work, Mr.. Newlands, to
retain the bullion redemption in the bill that Is
pected to become a law ?"
{" here must be- 1 regard the bill as a device {
the gold metallists to divert what they call the sill
yer craze by measure apparently favorable TO
silver. Tho bankers of the East are doubtless sup
porting It, II is strange what Influence the opinions
of the bankers have the average in reference
TO this monetary question. As rule the banker
should have knowledge OF human nature, knowledge
of values the caution to that every loan is amply
secured and the conservatism to resist the temp
tations TO risk. Most of them do not kn much
OF monetary science, the relation of
THE VOLUME OF MONEY
To population the effect of change OF standard and
average public man. Talk with one OF them on the
subject and he will look WISE wag his head omi-
nously and will say nothing that is worthy the name
of argument. For the last twelve years the banks
have been predicting disaster from the coinage of
silver but II has not taken place. They crowded
Mr.. Cleveland W tn fears and are doubtless inhuen-
cling many able and wel-intentioned men who think
lucy ought 70 kuOW SOHuebulHk uu luiS SupJcCt
Why, we might as well he guided by railroad presi-
dents to the control of railroads and gas and
wafer directors to regulating the price of gas and
water by bankers In relation monetary legsla-
tion. 1t Is part of their business to make money
scarce and dear as to increase purchasing power.
II the volume OF money is only sufficiently con-
tracted the baukers will be able TO the world"
IN EARNEST.
Mr.. Newlands WAS very much In earnest In
discussing the money question. and In referring
10 that class of men who. in order to secure pat
ronage from the Administration, or favors from
the Speaker OF the House, surrender their con-
victions and imperil the interests OF their con-
stitueuts, he used language more vigorous than
diplomatic. He also took occasion to refer In
uncomplimentary terms to those members who
dodged the vote In the House ON Thursday,
when the cffoIl was made 10 iecommt The bill.
However. Mr.. Newland is very sanguine That the
silver men will yet succeed.