Crawford avalanche. (Grayling, Mich.) 1879-19??, 1892-06-09
WASHINGTON LETTER
wAsHIseros, D. O.. June 8, 'ss.

way there or preparing 10 go. An I'M
derstanding has been reached by which
the business of the House will be con-
fined to continued matters until the re-
publican members get back, and the
Senate has unaniously agreed that a
vote shall not be- taken on the free
coinage bill until after the Gath inst.
There Is no change In the situation
80 far as the nomination 10 concerned.
and none is looked for by those well
informed until the delegates get to-
gether and exchange ideas, although
there are plenty of men who will tell
you positively that the nomination of
the President ON the first ballot Is as
sured, and just as many who say they
are cock-sure that Secretary Blaine,
will be nominated by reclamation,
and that the Presidents name will not
go before the convention. These
statements are necessarily based al
most entirely on guesswork and the
personal wishes Of those who make
them. Who ever the majority of the
delegates, who are instructed, shall
agree upon will be the nominee, and
the next President. That much all
republicans are confident Of.
Senator Hill was very neatly trap
ped into showing his hand on the sill
YER question this week, and he voted
with the silver men, as 1t has been
generally supposed that he would when
he could no longer dodge vote. The
new Senator from Virginia. unton-
also voted with the silver men. Sena'
tor Morton says he intends to try to
force a final vote upon the free coinage
bill before the democratic national
convention meets.
What, If any. effect will the SYRIA
cuse convention have upon Mr.. Cleve
lands chances at Chicagof IL is be
lieved by most outsiders, that Is tc
say, those who do not care whether
he lie, or Is not nominated, that it will
have very bad effect, If 1t does not
result In getting him absolutely repu
dated. But the Cleveland democrat:
try to appear to mean what they say
when they claim that the appearance
at Chicago of contesting delegation,
elected by a boiling convention, will
not injure Mr.. Cleveland, although
they do not succeed very well. Re.
publicans are much pleased at the sit.
uation. The Syracuse convention
has, in their opinion, made 1t GER
tain that neither Hill nor Cleveland
could possibly carry New York.
About the first party to get off for
Minneapolis were guests of Senator
Stockbridge In his prfvate car, aurows
them being the following gentlemen
Senator Quay, Gallinger, Pettigrew,
Sawyer, and Jones of Nevada; Ex-
Senator Malone. and Representative
Burrows.
Senator Sherman's speech against
the free coinage bill. which took up "a
portion o: two days. this week, is re-
garded as the greatest of his life by
those who agree with him. and Is con-
coded by those opposed to have been
the ablest presentation of the opposi-
ton to the free coinage of silver yet
made in Congress. Mr.. Sherman pre-
faced his speech with the statement
that he did not consider the question
a political one, aud followed with u
plain, condensed statement of the H.
nancial legislation of this country for
the past thirty or forty years. He
spoke with more earnestness than
ever remember to have seen him dis
play before, and his speech is certain
TO be in demand as campaign docu-
ment, If the silver question is to play
any part in the coming Presidential
He made several startling
assertions. For instance, that under
the pending bin "any holder of silver
bullion may have 1t minted into silver
dollars at the rate of sixteen ounces of
silver to one of gold. But the tronble
is that one ounce of gold Is worth
more than sixteen ounces of silver.
An ounce of gold will buy to day in
any market IN the W orld twenty three
ounces OF silver. And again: 1.-The
deposits in our savings banks foot up
81, 623, 900, 900. What will be the eff
feet of the free coinage of silver on
that vast amount Of money! It would
take away one-third, or $5, O0o, 600. 900
from its value. If the depositors
should attempt TO draw out their mon
ey 10 gold or on basis of gold It would
precipitate a panic and bankrupt the
country. The laboring classes, the
pensioners and the savings banks de-
positors are the people who would be
injured. God only knows-I do not
who would be- benefited by it".
The joint resolution making the IL,
of October 1892, a general holiday in
commemoration of the four hundredth
anniversary of the discovery of Ameri-
ca, has been adopted by the Senate.
Ex-speaker Reed will be one Of the
last Congressman to start for Mime
apolis. but he will be neither last nor