New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-04-16
A STATESMAN AGGRIEVED.
GEORGE FRED WILLIAMS DOWN ON MIR
LODGES SILVER BILL
HE WANTS Mr.. ANDREWS DEAD MEASURE
RESURRECTED-NEW-Y FINANCIERS
WHO FAILED TO CONSULT HIM.
lgY TELEGRAPH TO TIE ThIDU,


lBY TELEGRAPH TO TIE Tribune
Washington, April 15--Dudding. immature and in
experienced fnanclers like Abram S. Hewitt, George
6. Coo, Cornelius " Biss, Charles S. Smith. ]. Ed
ward simmons Charles S. Fairchild and other gentle
mon whose names not wholly unknown or I'M
familiar in business circles should be careful;
peciay should they refrain from rushing into resOlu
lions and petitions in favor Of the passage OF a
measure which that veteran statesman and eminent
fnancicr Representative George Fred Williams, OF
Dcdham. Mass, regards irrerievablv bad
The gentlemen mentioned, we'll many other
men who have hitherto stood high as business men,
will not only feel humiatcd but stand abasled, when
they learn that the Dedham lawmakcr has rcprOved
themnOt only reprOved them but delicatey suggested
that they didn't know what they were doing when
they expressed their approval OF the Silver bill offered
by Mr. Lodge. of Massachusetts, two weeks ago 1t
seems they did not consult Representative
George Fred Williams, of Dedham, Mass, before they
expressed the opinion that Mr.. Lodges bin is one
which is urgently required for the well-being OF
the finances of the country" and requested It's
speedy passage by the House o. Representatives.
Il IL any wonder therefore tina. George Fred VIII
isms of Massachusetts, upon whose shoulders ths
Of honest money rests, should fe@ agereVca
ard should impart his grievance TO the Washington
correspondent Of The New York Times'' MI WIZ
Jams Is unseish he Is patriotic he wants moth
ing for himself, bat he does desire tha. the friends
Of honest money should rally about bill offered by
which bill is quietly sleeping the sleep that knows
no waking and had never been heard of until Mr..
Williams mentioned 1t yesterday. The reason why
Williams wants the friends Of honest money to rally
about Andrews bill is in order that they "may not
inuIe their cause and parayze their natural support
BY identifying themselves with such measure as Mr.
Lodge has proposed"
Men who do not know how unselhsh Mr.. Williams is
might suspect that he moved by envy or Jealousy
rather than by keen socitude for the late OF hocS'
money! when he attempts TO dccry Sensible pracuca
bic measure, tries to dead imPacticaoc
one When the attention OF Mr.. Lodge was called DS
a Tribune correspondent to-day to the criticism OF MI
Williams. he sad:
Il an sorry that Mr.. Williams should dsapprove
so strongly OF my bill he does in Tho newborn
Times this morning for think this Is time wieh al"
friends of sound currency should stand together ana
not differ about details The first section OF my DiH'
to which Mr.. Williams takes especial exception was
kindly drafted for at my request by ;. Dana
Horton, TIE we-known writer on the silver question:
Mr. Horton Is not, perhaps, eminent hhahoier "a
Mr. Williams but he has given years OF study 10 TINS
question: lie has been employed by our Government
In all negotiations with other nations on the sHVet
question, aud certain that he would not Willingly
draft clause which would put this country at the
mercy of foreign countries.
"Ihe second section provides for suspension OF the
purchase OF bullion and issue Of Treasury no'eS undet
the Act OF 1890 until international ratio Is agreed
BY international agreement its free coinage Is hahn
less Until that is done, suspension under this bill
Is in force. | took it In preference 70 mere naked
repeal because thought it more practicable ana also
because it left the door open for settlement Of TINS
question BY International agreement. Details. now
ever are Of secondary importance and cold be easily
arranged II the bill could he taken up IN committee ana
acted upon in the House.
The principle Of the bill Is the important thing ana
consists In suspcnding tie purchase of bullion and tue
issue OF Treasury notes thereon until an ntcnsuonai
agreement is reached. The adoption Of this principle
would protect our currency from the dansSo which
now seem to threaten It, and it las received the hearty
Endorsement Of the BANKERS. merchants and business
men of Boston. shown by the petitions from them
which have introduced this week. am further con-
soled for Nr. Willamss disappoval by petition from
New ork signed by some Of the sbiest business mon
and best inancers in the city, Who apparently con-
slider that without reference 10 details the principle OF
my bill is right and practcable'
Mr. Lodge received this morning from correspond
emf in New York a petition in behalf Of his bill, with
the request that he would hand 1t TO Mr. Tracey fo'
pr,sentaton TO the House. when will be done as soon
rs Mr. Tracey who is absent. returns. This petl,
lion for ihe suspension Of the purchase Of bullion and
Inc issne OF Treasury notes thereon until an ln,ernn-
onal ratio he's been agreed upon Is sgned b. chacs
stnwart smith president OF The Fourth National Bank
and ~ The New York Chamber OF Commerce j. flWad
simmons vcepFeden Of ne FonT I, Ss' i;as E y
Company Clarke. Dodge Co.. John H. Rhosdes Presl-
dent The Greenwich >aVllles l'dIh IL.
Iyresldent Of the lank OF America Dallas H. Pratt,
cashier OF the Bank Of Amenca E. j. Mason. cashier 81
Tho hank Of YORK: F. a. FNnch president OF me
Manhattan Trust Company Edward King president OF
the Union Trust Company: Kuhn Loeb 90, Charles >
Fair hid ex Secretary OF the United States Treasury ana
PRESIDENT Of The security Trst ComPany tsidel6acn.
cketeirner d Co.. George s. Coz president OF Tie Amer
lean Exchange Bank; Abram (. Hewitt, T.. H. PERKINS,.
jr pr sGent Of the Importers and Traders eank "a,
waoi TOWNSEND. cashier Of the Importers ana Traders
rank: Goldman Sachs Co., and COnelus y. BlisS, OF
Bliss. Fsbysn 81 Co.
,rrYr- r,D-u.r .DpDnDDr ALTON T.