The times. [volume] (Richmond, Va.) 1890-1903, 1891-01-16
TIE COINAGE OUTLOOK.
EFFECT OF THE SILVER BILL u
IT BECOMES LAW.

I
simple Free C)inage bill instead Of the COM
plicated piece Of patch work which they had
made out Of the Financial bill agreed upon
by the Republican caucus, improves the
T chances Of favorable action by the House.
TWO IMPORTANT FACTS.
; But whether the Free Coinage bill passes
the House now or not, and il it passes the
, House, whether it be approved now by the
President or not. two important facts have
been demonstrated which must not be lost
sight Of. One is that free silver coinage Is
inevitable either now or during the next
Congress, or at farthest during the Fifty !
third Congress. If free coinage is defeated
by President Harris0n's veto, 1t will be an
issue Of the next Presidential campaign, |
and no candidate can be nominated by /
either party whose views are known To he /
in opposition TO the demands OF the people /
OF the West and South upon this issue
SEAT OF POLITICAL POWER
Aswas said by Mr.. Ingalls, in his remark
able speech OF yesterday. "Ihe seat Of pO-
ltical power in this country has been trans
| ferred from the circumference to the CEN |
tire. IL has been transferred from the sea-
board to that great intram0ntane country /
between the Alleghanies and the sierras
/ IN0ot6oibHo
the Gulf OF Mexico. a region whose growth
is one OF the wonders and maryels Of mod
ern civilization" The population OF that
! region are almost unanimous in demanding
the free coinage of silver.
CIRCULATION OF NATIONAL BANKS.
The other important fact demonstrated
| positively by the action OF the Senate yester-
day, as il has been negatively demonstrated
| by the House Of Representatives in eyerv
Congress during the past ten years by the
refusal Of that body to act upon any meas
ure proposed for the relief Of the National
banks, is that the circulation of the Ma
tional banks will be retired with the pay
ment of the bonds upon which II is based,
and its place supplied by silver and
| legal tender notes, issued by the
United Stltes, and redeemable in
coin. st is a condition, and not theory
which cOnfrOnts the money centres OF the
East. The temper Of the majority in this
Congress, composed OF members of both
political parties, is such that they will re-
ject any proposition, merit)rious or not,
which bears the stamp OF approval Of the
national banks, and Of the great masters
of finance" The temper Of the next Con-
gress will be even more bitter if the Free
Coinage bill fails now.
GIVING EvARTs A CHANCE.
But for Senator Eyarts' importantly to be !
given chance TO deliver his speech on the !
Force bill, the indications are that that !
measure would not again have been taken
up. When the bill was pending before, z
Eyarts prepared his elaborate speech, in d
tending to deliver ii at some time when the
galleries were well filed. lie gave out adj.
vance copies to several Republican ,
papers and they put the speech in
type before il was delivered. The :
Force bill was suddenly laid aside, aud ,
fearing he might BE- made ridiculous by the I
publication Of speech that had not been :
delivered. Eyarts PleaGed with Senators t. ,
again take up the bill that he might get of i
his rhetoric. 1t is said that senator H0ar /
promised that il the bill were taken up to let ,
Eyarts speak. he would then consent 20 =,
again laying it aside but he did not keep =
faith, as this afternoon he gave notice that
ne would ask the Senate to sit out the bill .
tomorrow. ,
IMPATIENT SENATOR'S.
iIe will fail again, however, as Hale is
demanding consideration Of the AppOrtiOn-
mtut bill. Allison has served notice that
ne must demand right Of way for apprOpil- :
,tiOn bills, and other Republicans are
'llmorng for the Coptu ht b.ll. the Pure
Food bill, and the bin 10 transfer The rev
niue marine 10 the navy. The Democrats
are more confident than ever that they
nave the result in their own hands. There
ls no chance for the Force bill unless the
Republicans are reckless enough TO abandon
yerything else and force an extra session.
THE SILVER BILL IN THE HOUSE.
Chairman Mckinley. Of the Ways and
Means Committee. said tonight that the
Free Coinage DIll would pass the House by
majority Of thirty tO lorty. It's passage,
ne said, could not be prevented, though he
Is not in favor Of t. IS to "a veto, Mckln-
ley said he could MT say, but that the pref
~ure for silver is so Powerful the President
may yield.
MR.. HOAR IMPATIENT.
Mr.. HOar, AT the conclusion OF Mr.. EYarts
speech. gave notice that at noon tomorrow
ne would ask the Senate TO remain in ses-
sion until the disposal Of the bill. The
Senate then went into Executive session,
and soon afterwards adjourned.
AMENDMENTS TO THE roRCE BILL.
Several proposed amendments to the pro-
posed Elections bill were submitted in the
senate Today by MIR. Pasco. The amend
ments provide that no petition for Federal
supervision shall be Ofany elect unless one
| Of the petitioners is candidate Tor Con-
gress; hearings on the petitions shall he
| held, and that no chief supervisor shall hold
any other public Office.
GREAT BRITAIN CONDEMNED.
In the Senate to-day Mr. Morgan intro
.uced a concurrent resolution cOUdemning
the action Of Great Britain IN bringing the
| lSchrng sea controversy before the supreme
Court. A long preamble sets iofth the facts
connected with the case. The resolution l.
as follows:
Resolved, That the action OF the Impe
| rial Government Of Great Britain in au-
thorizing and approving the presentation OF
the aforementioned information or sugges-
liJn to the supreme Court Is without prece
lent, and is prejudicial TO the com
Ity of nations and to the usual
| and amicable conduct OF International
relations, and Is not in cOnsOnance with the
| lignity OF Government and the people OF
/ the United States. ana the respect that Is
lue to the President Of the United states.
"Resolyed, Further that the President be
| requested to communicate copy OF this
resolution to the Government Of her Brit
tanc Majesty, il, in his Judgment, such
communication be nor inconsistent with the
| public interests"
The resolution was referred 10 the Com
mittee on Foreign Relations.
THE VEST FINANCIAL BILL.
The Vest Financial bill substitute, which
was 80 UNEXPECTEDLY submitted to the SEN
ite at protracted session last night, and
which was adopted JUS. before midnight, is
similar ia lis provisions TO the Silver DILL
passed By the Senate last sumner. IL VIII
be remembered that the Republican MEM
oers OF the House, after several caucuses.
brought forward a measure in ended as
COMPROMISE between the extreme silver /
men and the conservatives on the silver
question. This bill Was passed by the
House and sent to the Senate, where sub
,titute for II similar to the bill passed last
night was adopted. la accordance With |
the rules Of parliamentary procedure, a
conference between committees OF the two |
houses was held, and the c0nferrees agreed |
upon a measure that ultimately passed |
both houses and became the present law |
for the purchase OF 4,5OOOOV ounces oil sil |
yer bullion per month. The bill passed BY |
the senate last night was this afternoon re- |
,eiyed In the House and referred TO The
House Coinage Committee.
! TO SETTLE WITH THE PACIFIC.
| c.-..o. MoHaunaII infrOdupp1 fn-laN