The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1892-07-12
Minority Report Prepared on the
Free Coinage Bill.
OPPOSES THE SENATE MEASURE
ON MANY POINTS
The Anti-Sllver Men VIII Resort to
Every Means to Defeat Vote on
the Free Coinage Questiou-Senator
Washburn Argues at Length Before
the Senate in Opposition to the
Anti-Option Bill.
Special to the REcoRD-UNrox.

WASHINGTON, July 11.-Represents-
tive Stone of Pennsylvania, in behalf
of the minority of the House Coinage
Committee, has prepared the draft of
report in opposition to the Senate's free
coinage bill. The report viii be sub
mitted to other members of the minority
Tor approval. The chief points which
the report will urge against the bill are:
Ii IS exceedingly crude and clumsy in
structure and uncertain in it's effects;
that the repeal of the law of 1850 carries
with it the discrediting of S1O0, OOO, 900
Treasury notes outstanding; that though
the notes will still be receivable for GUS
toms and duties to the Government, the
desire Of the people to get rid of these,
as evidenced by the fact that nearly half
OF the customs dues collected at New
York last month were paid in such notes,
will lead to the rapid contraction of the
currency; that there is no bullion in the
treasury answering the description of
that purchased with silver or coin GER
tIlcates, and that the passage of the bill
Will destroy the hope OF any practical re-
ruItS from the proposed International
Monetary Conference.
The plan of the campaign of the anti
silver men against the bill has not yet
been finally decided upon. 1t is evident,
however, from their talk, that they will
resort 10 every means to defeat vote on
the bill Itself.
THE LEADING QUESTION.
WASHINGTON, July 11.-Though not
formally before the House for cousidera-
ton, the silver question is really the
paramount subject of discussion in the
House. The friends OF the bill held
conference this evening, and are getting
the active and united support of the
seventy-tour anti-tree silver Repub-
licans. Three members of the Rules
Committee, two Democrats and one Re-
publican, met this morning and consid-
cred the rule agreed upon Saturday by
majority Of the committee, providing for
the consideration of the silver bill
Wednesday, and next legislative day.
No formal vote was taken on the rule,
but there was tacit understanding that
the proposed rule shall be reported favor
ably. Ehe anti-silver committee meets
tomorrow.
CAUCUS OF SILVER MEN.
WASHINGTON, July ia call for a
caucus tonight was addressed to ''AH
Friends of Free SilYer,' but only two
RepublicanS-Bow of California and
Clark OF WyOming-felt called upon TO
obey the summons. Fifty or sixty Dem
ocratS were present, and Dockery of Mis-
souri, was in the chair.
Bland made an argument in favor of
the bill. In the course of his argument
he stated that the anti-silver men would
take every possible method to prevent
silver legislation and cautioned the
silver men to be on their gusEd.
Representative Culberson, Chairman
of the Committee on Judiciary, argued
that the Stewart bill was legally detective.
He was ably seconded by Terry of Ar
kansas, who spoke in the same vein.
After further debate the caucus agreed
to recommend that the bill be amended
in two particulars. First, by providing
that it shall not affect the legal tender
quality of treasury notes issued under
the Act of 1890, or the obligation of the
treasury to redeem them; and second,
that the authority given to coin the bull
ion now in the treasury shall not inter
fere with the coinage of silver when pre-
scented by private parties.
Committees on Parliamentary Proceed
ings and Committee to Summon the
Absentees was appointed, and the caucus
adjourned.