Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1891-01-06

mality was laid aside and the conferences
split up into little groups of senators, VINO
discussed the situation with each other.
The general impression prevailed that the
financial bill would have to be disposed OF
before ANYTHING else could be taken up.
The silver senators, several of whom were
present. insisted on this and it was agreed
informally 10 continue the discussion OF
the bill and to try to pass it by Thursday
under the existing rules.
Free Coinage Sure to Win.
1t was generally conceded that the Tree
coinage amendment of Senator stewart
or something like it, would prevail IL
was suggested that the Democratic sena-
tors. in order TO prevent the consideration
of the election bill, would prolong the uis-
cussion of the financial bill. In this event,
it was said il would be necessary 10 auop'
the cloture rule When the necessity for
this appears another caucus will be called
They Depend on the House.
leading Republican senator said after
the adjournment that the eastern Repuo-
6cans were not frightened at the prospect
of the passage OF a free coinage bill, as they
felt assured it could not pass the house.
He said further that the other friends OF
the election bill did not share the opinion
of Hoar that the bill was beyond hope.
The Vote i'm the Senate.
II was big surprise for Hoar when he
moved in the senate to take up the cleo
ton bill to have that motion antagonlzed
by Stewards to take up the silver bill.
George had the floor to speak on the cleo
ton bill. but Welded to Stewards motion,
and when Hoar attempted to call his at
tention to 1.-THE arrangement we have
made" he was shut off by Goman's point
of order that the motion was not debata'
BILE. The Republicans responsible for the
sudden change OF situation were Jones OF
Nevada, Mcconnell, Shoup, Stanford
Stewart, Teller, Washburn, and Wolcott.
Otherwise the vote was party one.
sherman Makes Prote st.
As soon rs the bill had been read Stew
art WAS on the floor with an amendment
providing for absolute free coinage. lie
supported the amendment for few mo
ments and then Sherman said that the sud
den and unexpected change of scene, ano
the introduction OF new topic OF debate
should not allow the revolutionary meas
ure now proposed (Stewart's amendment,
to pass without the serious attention oi
every senator He appealed to the sober
sense of responsibility on the Democratic
side OF the chamber against measure
which he regarded rs revolutionary and
dangerous, and the effect of which Cf il
should become law)would be more destruc'
tive than that of any measure that had
been proposed for years. The amendment
offered by the senator from Nevada
would change entirely the whole basis Of
the valuation OF all the property of the
United States.
Would Disminish Circulation.
1t would demonetize one-half of the
money of the country (gold) and would
degrade the other half (silver) 10 a low
level; so that its effect would be TO diminish
the volume of circulation. If the friends
of silver had only patience and would wait
until the element of time acted on the
silver law OF last session, the policy of the
United States government and of the
French government, together with the use
of silver in the South American states,
would lift up silver again to the gold
standard. The recent rise and fall in sill
yer had not taken place in the natural
course of business, but AS the effect OF a
struggle between the bulls and bears. Rea-
gan and Stewart replied TO Sherman, the
latter saying that it was not the silver
men, but the gold ring which had tam
pered with the price of silver.