The record-union., 1891-02-19
Hearings Before the Silver Com
mittee to Close on Friday.
THE SENATE PASSES THE COPY
RIGHT BILL
The Revenue Department Investigate
ing the Alleged Mistake Made in
the Tables eIating to the Per
Cent. of Alcohol to be Used in the
Fertilization of Sweet Wines.
Special to the REcoRD-UN1oN.


WASHINGTON, Feb. 1S.-Francis New
lands to-day resumed his statement be-
tore the House Coinage Committee in ad-
vocacy of the free coinage of silver. New
lands and Representative Walker COM
batted each other on the assertion of the
former that prices of products always rose
and fell with the advance and decline in
the price of silver. Bartine and others
wanted to know how long the examina-
ton would be kept up and another
wrangle ensued.
Williams of Illinois moved the hear
ings close with to-day's session.
Tracy of New York, as a substitute,
moved the hearings cease at II o'clock
Friday, and he adopted the suggestions
of the other members that vote should
be taken at l o'clock Friday on reporting
the bill.
Williams said he would vote for the
proposition of Tracy under protest, be-
cause he could not help himself
Bland made a similar statement, so by
unanimous consent 1t was agreed the
hearings should cease Friday noon, and
that a vote on the bill should be taken
at l O'Clock that day.
Warner of Ohio called attention to the
charge that the advocates of free coinage
NStO llcI WllllllS w anu
stated that he was willing to answer any
inquiries which might be made.
Walker asked If he was not the head of
the National Silver Executive Committee,
and when Warner responded III the
affirmative Walker inquired how much
money had been expended to promote
silver legislation.
Newlands interrupted with the remark
that he had given a statement of the ex-
penditureS to the Silver Pool Investi-
eating Committee, and advised Warner
not TO answer the question.
Warner declined TO give the amount,
out declared that five dollars had been
expended by the gold pool and bank pool
Tor every dollar spent by the silver men,
Warner declared that he represented no
pool, and said he had been advocating the
cause of silver ever since he had learned
of its demonitiZation.
Walker several times pressed Warner
as to his knowledge of the existence of
any gold pool or bank pool
warmers response was i'll effect that he
had no knowledge, except that which was
in tho public press.
The committee adopted a resolution to
close the hearing at noon Friday, and 10
vote on the silver bill at l o'clock on that
day.
MARKET PRICE OF SILVER.
WASHINGTON, Feb. 1S.-Acting Secre-
tary of the Treasury, Nettleton, in an
SWer 10 senate resolution, says the basis
on which he estimates the market price
of silver is the daily quotations of silver
in London, New York and San Francisco.
The market price, the Secretary estimates
from comparison of these prices and
the prices at which silver is offered for
sale to the Government, the rule being to
accept the lowest offers, provided they do
not materially exceed the highest market
price in the three named cities.
Mr.. Nettleton further states that no
silver bullion has been purchased by the
Government outside of the States, but un-
doubtedly large quantities of foreign sill
yer bullion have been delivered on pur-
chases to the Government, made from
parties residing in the United States.