Evening star. [volume] (Washington, D.C.) 1854-1972, 1890-06-05
A SILVER CAUCUS.
The House Republican Caucus Medh
fes fits Former Action.

The republican House caucus yesterday
adopted . modification and improvement e
the silver bill formerly approved in caucus
The silver question alone vas discusseA
some time ago, after many conferences. the
JOINT caucus committee of the House aud SEN
ate agreed uron a bill which provided FOR the
purchase OF i.50o. 600 ounces OF silver . month.
against which certificates were 10 be issued.
payable IN lawful money aud 10 be legal tender
for all public debts.
Ihe House caucus promptly approved this
measure, but the SenAte caucus failed 20 DO 90.
In View OF the failure on the part o, the senate
the question came up in the House caucus yes-
terday. After several proposition, h,d been
made and considerable discussion INDUCED IN
Mr. Mchlnley moved that the cAucu, reindora
the measure 1t had already adopted ON the
sapJsc, some weeks ago with certain changes
Inc oil as changed provided that the Secrs-
tary OF the Treasury purchase SILVER bullion n
the aggregate amount OF 81 500. 600 worth n
month. instead 4 of 800. 600 ounces . month q
provided IN the measure previously adopted
HIS next change was that the Treasury notes
issued in payment OF this bullion should no re-
deemable on demand I'm coin" instead Of
lawful money" and that silver bullion be
coined 10 meet the demand of redemption. The
next amendment WAS that the Treasury notes
should be a full legal tender for all dues. pub
lie and private. instead OF being legal tender
for public debts only. Another change pro-
vided Tor free coinage OF silver whenever the
market price of the bullion should be 81 for
SIL2o grains OF pure silver. or IN othor words
whenever silver should be AZ par with gold
under the existing standard. There was no
free coinage clause in the Caucus bill previouslv
adopted. Mr.. McKinley's bill further provided
for covering into the general fund the money
now held IN the Treasury as a special fund for
the redemption of national bank notes.
TINT pT-r n raN
One provision in the bill adopted At the pre-.
vious caucus was not included in Mr.. McKip-
ley's bill. That provision read ~ follows
Provided, that upon demand OF the holder
OF any of the Treasury notes herein provided
Tor the Secretary OF the Treasury may, at his
discretion and under such regulations AZ he
shall prescribe. exchange for such notes an
amount OF silver bullion which shall be equal
TO value at the market price thereof on the day
OF exchange to the amount OF such notes pre-
sented."
Mr.. Mckinley stated TO the caucus that he
preferred TO have this bullion REDEMPTION
clause In. but his object was 10 draw out the
sentiment OF the caucus on the subject and 10
he had left 1t out. Mr.. Dingley immediately
moved TO insert the clause in the proposed bill
anu ne supported that with a vigorous speech.
Mr.. Cannon UlL) made a speech to the same
effect. as did Speaker Reed. while some OF the
western members opposed il. A vote was
finally taken and the bullion redemption clause
was inserted by ayes IS, nays %. With this
amendment the bill, ne proposed by Mr.. Mo
hinley, was adopted. Quite a number Of those
present did not vote, and owing TO the intense
heat a number of others had gone home.
1t is understood that several members will
not abide by the caucus action.
twenty Dollars for the Name OF Smith.
Henry Smith. a drummer from the fats Of
Jersey, wrote his name on one Of the outside
windows in the top OF the Washington monu-
ment this morning. Officer Jas. b. Evans. Who
is stationed at the monument. promptly ar
rested him and Mr.. Smith forfeited eco cob