The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-04-22
STILL SPLIT on SILVER.
THE REPUBLICANS AGAIN TALK
II CAUCUS


Twice IS Many il Opposition 70
windows Bill IS II its Fsvor-Hr-
Perkins Presents the Views Of the
western Element OF the Subcom-
rnittee Of the Caucus.
WASHINGTON, April 21.-The republican
members q the House held a caucus to
ni-bt 70 receive the report Of Its coumlttee
On The silver question Every one expected
a lively time. and the expectation YVES real
5sed Representative Henderson Of Illinois
prssided. and there was good attendance
Chairman Conger Of the coinage commit
tss opened the proceedings by presenting
tie report Of the committee. He recited
the concessions which the House caucus
committee hsd offered to the Senate, told
how the negotiations had failed mainly on
the redemption and national bank PROPOSE
tons, and summed Up by reporting that the
House committee had withdrawn all con-
csszions, and that nine Of the fifteen mem
bers had decided 10 recommend that the
House pass a modified Window bill as II
came from the coinage COMMITTEES.
Representative Walker Of Massachusetts,
another member of the committee, upheld
the committees action. He maintained that
its bill would secure all necessary relief IN
the way Of expansion OF the currency and
in substance reiterated Secretary WINDOWS
objection to the redemption features OF the
Senate bill, pointing out the dangers under
lying positive requirement that treasury
notes should be redeemed in lawful money.
PROPOSITION OF THE OBSERVERS
The six members of the caucus committee
who refused 70 accede 70 the majority re-
>
Messrs. Perkins of Kansas, Bartlne OF
Nevada, Wickham of Ohio, Carter Of Mon
tana, Taylor of Illinois. and Henderson OF
Iowa They represented the western sentl-
ment and had proposition Of their own 70
offer, which was submitted by Mr.. Perkins.
It was set forth as a compromise measure,
and, in fact, is a composite Of the Senate
and House committee bills. 1t preserves
the feature of the Senate bill, which pro
vides for the purchase Of !, 500, 600 ounces OF
silver CT so much thereof as may be offered
monthly at q price not exceeding 81 Tor
37L25 grains. but contains a provlso re-
quiring the purchase in any event OF not
less than 2. 000, 900 ounces in any one month,
and continues the operation Of the existing
law respecting the issue Of gold and silver
certificates on deposits Of coin.
BULLION NOTES LEGAL TENDER.
Like the Senate bill the minority measure
many silver dollars as may be necessary TO
redeem treasury notes issued in the
purchase Of bullion, but it goes further
IN that it makes these notes directly
full legal tender Saving existing contracts,
and, therefore, does not make it necessary
10 redeem them in lawful money as pro-
posed by the Senate bill. Then, too, whereas
the Senate bill says that notes may be re-
issued when received for customs, taxes and
public dues, the minority bill absolutely
requires their reissue. From the House bill
is culled ''the free coinage" paragraph per-
uniting persons to deposit silver bullion and
have il coined whenever the market price
exceeds SIX. Like the House bill, this
compromise measure omits any reference to
gold.
PERKINS ARGUMENT.
MIR. Perkins made a strong argument in
support Of the minority view. He declared
that the Window bill, even as modi-
fed when rendered into plain Eng
fish, meant characterization of silver.
1t was a delusion, and so far from
relieving the present stringency in the circu-
lating medium, would make matters much
worse. At present the treasury had to pur-
chase and coin 100000 of silver every
month, and that was so much clear
gain. But-the Window bill proposed
to lock up the bullion and stop its coinage,
and that was decentralization. Bullion
would be commodity, nothing more or
less. There was as much justification for
piling up wheat In government warehouses
Mr.. Cannon, also member of the caucus
committee, thought that the House bill was
the measure best calculated to meet the
present necessities, and moved that it be
adopted by the caucus.
TALKING AGAIN PRECIPITATED.
MIR. Perkins, however, offered as an
amendment a motion that the subject be
again referred to the caucus committee,
with a formal expression of the preference
Of the caucus for the measure presented by
the minority.
These motions representing fairly well
the views of the two sections revived the
discussion. Speeches in favor of Mr. Can
mons motion to adopt the House committee
bill were made by Messrs. Mckinley of
Ohio, Rowell of Illinois, and Bayne of
Pennsylvania. Messrs. Buchanan of New
Jersey, Sweeney Of Iowa, Kerr and Payson
Of Illinois. and Anderson of Kansas op-
posed 1t vigorously, Mr. Anderson making
straight out free coinage speech.
Mr. Farquhar of New York took a middle
ground in favor of the purchases of
1900, 900 of bullion monthly.
Mr.. Dorsey of Nebraska entered solemn
protest against the eastern restrictive
policy. He prophesied that if the Republi-
can party hesitated to adopt free coinage
or something equivalent it would surely be
defeated at the polls this fall.
Mr.. Moore Of New Hampshire was op-
posed to cheap money.
The discussion ran on until II 80 O'Clock.
when finally the entire subject was recon-
united to the caucus committee without the
instructions, however, proposed by Mr..
Perkins. 1t became evident from several
votes on minor propositions taken during the
debate that the republican members are op-
posed to the Window bill in the proportion
of two to one. The committee win report
TO another caucus to be held Wednesday
night.
IN 1880 "Brot1n's Bronchial Troctes'' were
introduced. and their success as a cure for
Colds, Coughs, Asthma and Bronchitis has been