The morning call., 1890-04-30
NEWLANDS' OPINION.
Not Satisfied With the Con-
ference Bill.
The Unlimited Coinage Of Silver NeGeS-
Sary TO Restore Its Value.
The Caucus Of Republican Senators Post
pOned-Belief That TelIer'S Measure
Will Be Passed.
Special by the California Associated Press.

WASHINGTON. April 29.-The Post to-
morrow will print a two-column interview
on the silver question with Francis G. New
lands of Nevada, who is we'll known as a
trustee of the Sharon estate. and who was
one of the delegates to the silver conference
which was recently held at st. Louis.
Mr.. Newlands says: 1.-THE bimetallists,
who are enormously called silver men, are
not satisfied with the bill agreed upon by the
conference Of the Senate and House for the
increase Of silver coinage. They hold that
the only way to settle the question definitely,
wisely and for all time is to open the mints
of the country to the free coinage of silver
just as they are open for the free coinage Of
gold, and to establish by law the number Of
grains Of gold and silver which shall con-
stitute gold and silver dollars respectively.
'"This being done, either the actual coin
can be issued or United States Treasury
notes representing and redeemabe in coin
or any lawful money Of the United States
can be issued, and the inconvenience of
handling either gold or silver can be
avoided. This question can never be set
tied until silver is restored to its old posi-
tion as a standard money. So long as it is
treated as a mere commodity, even though
the purchases of it by the Government be
largely increased and its market value
thereby raised, no satisfactory solution can
be reached"
Not enough Senators could be got to-
gether TO hold caucus tonight, but the in
dications are favorable to the passage by
the Senate of Teler's free-coinage measure.
A 70 ha dierasttfon 81, C.,-
toms Administration Bill the next calendar
business will be the consideration of the
Jones Silver Bill. The plan of the Demo-
cratic Senators. as far as can be ascertained
by the California Associated Press Agent
will be to vote for free coinage; at any rate,
enough Of them to put the responsibility Of
rejecting 1t upon the Republican Western
Senators if 1t is rejected.
All the silver men except Teller are will
ing to compromise. The silver men seem
anxious to pass some measure which Y
feel sure the President will approve s. $
10 insure some kind OF silver legislatit n
something which will increase the vol ne
of currency.
With the assistance of few Democrat
the free-colnage measure Will command 5ile
votes of the Senators from Oregon, Nevaf
Montana, the two DakOtas, Nebraska, X ~
sas. at least one from Minnesota, Stanford
Evarts aud perhaps Cameron and Quay.
The Western Senators seem confident OF this
favorable result, and that the House will
pass the caucus measure, and compromise
can be effected between the two houses ia
vorable to silver.
A resolution has been drawn up at the
suggestion OF Mr.. Reed. to be offered in the
Republican caucus, providing that the Tar
i'll Bill, the Silver Bill the Morrill, Limited
Service Bill and the Federal election scheme
shall be disposed of during this session. 1t
is expected that there will be strong oppo-
sitiOn to the Lodge Election Bill, and posi-
bly, to any other that may be presented.