The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1890-07-10
WILL VOTE TO-DAY.
Informal Understanding on the
Silver Bill.
The Jealousy Of Central American Re-
publicS May End in War.
Particulars Of the Death Of President Me-
nendeZ-The Bill for Public Building
at Oakland FaVOrably Reported.
Special Dispatches to THE MORNING CALL

WASHINGTON, July 9Th the Senate
this morning Presiding Officer ingalls,
announced his signature to the bill
for the admission of Wyoming. The bill
On motion of Blair the Senate proceeded to
executive business. The doors we're opened
at o'clock. The Sundry Civil Appropria-
tion Bill was reported. Allison stated he
would ask its consideration tomorrow.
The consideration of the conference report
on the Silver Bill was resumed.
Cockrell continued his argument against
the report and criticized the last clause of
the second section of the conference bill
and said the language therein indicated
preference for the single gold standard
The section reads, so he would interpret,
that until parity between the metals be
established gold would be given the prefer
ence and legal tender notes be redeemaed
in gold.
Teller contrOverted this assertion.
Jones of Arkansas read an extract from
an article in yesterdays New York Even
ing Post, a paper opposed, he said, to sill
yer legislation in all its forms, to the effect
that the conference report contained some
features not embraced in either the House
bill or the Senate bill, and tending to make
it better measure than either. 1t also
stated lEat the purpose Of the silver men
was "f0iled"
Cockrell-Precisely what / have said.
That article is from a very able representa-
tive of the gold interest, and it is warning
to the Senator from Nevada (Jones) that
he has abandoned the cause of the equaliza-
tion of silver with gold. Under this con-
ference report the Secretary Of the Treasury
can drive the country to part with every
dollar of gold, and lock up in the vaults of
the Treasury every dollar OF silver. That
is the most dangerous power given to the
Secretary OF the Treasury since the founda-
tion of this Government.
Platt-Does the Senator mean to say he
would not give the Secietary Of the Treas
ury discretion as to which coin he would
pay in?
Cockrell-I certainly would give him that
discretion. l would say ''redeemable in
coin"
Platt-That is all there is TO say.
Cockrell-That is true, but there is with
IN Il which 10 q Adlai kHihSs anu
that is that the gold standard still exists
and must be maintained.
Taking up the third section of the con-
ference bill, Cockrell entered most earn
est and solemn protest against 1t as mean
ing practical cessation of silver coinage
after July, 1891.
Jones OF Neyada-That is all we want.
Cockrell-ln other words, the Senator
from Nevada is willing to abandon the
double standard, to make silver mere
commodity, to stop its coinage and to tell
the people of the country he has done
something for them in the restoration of
the double standard. The conference bill
is total Abandonment Of all pretentions to
a double standard.
Mitchell, in the course of some questions
involving Cockrell's consistency, remarked
that while he was in favor of the free and
unlimited coinage of silver, he would sup
port the conference bill because it was all
the friends of silver could get.
s Cockrell-l believe that if the Senate will
reject this report the House will, in the
end, agree to the Senate bill. We have
made no determined effort to support the
Senate bill. We show no backbone; we
show no disposition TO stand by what we
have solemDly done, and we give truth fully
to the assertion Of the mOnometalists of tie
East that the bill was only a project to fur
nish market for silver bullion.
Daniel addressed the Senate in opposi-
tion to the Silver Bill, question which he
said was a great deal bigger than the Presi-
dent Of the United States, or whether the
Presidents name was Benjamin Harrison
or Grover Cleveland. Daniel argued that
under the cor ference bill S70,000,000 worth
of silver bullion would be piled up in the
Treasury every year, for all the years that
the silver stream would be flowing, and not
dollar of it could be coined to pay the bonds
or the obligations of the United States,
which were payable in coin. Such an
enormous discrimination against silver as
that never existed in legislation, except
when silver was completely de-
monetized. he admitted it would
be better that the conference
bill should become law than no bill on the
subject should become law; but it was
mere makeShift. Sooner or later, Daniel
said, Congress and the Executive had got
to come into collision On the silver ques-
tion. Why not let the collision come nOwP
If the friends of silver stood up to the fight
they could win it, and if they ran away they
would lose it. If they believed in the free
coinage of silver. as he did, they should
stand by the Senate bill and let the Presi-
dent IF the United States take care OF him.
self.
Morgan then took the floor, but saw he
could not finish his remarks to-day.
An informal understanding was had that
vote be taken tomorrow, and the Senate
adjourned.