The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-02-10
BLAND'S NEW Bill.
The Democratic Silver Policy
Defined.
Text Of the New Free Coinage Bill to
Be FaVOrably Reported.
advocates Of the Measure Claim Large
FOlIOEilg-COnYertible Coin Notes
Red8emabIe in Gold or Silver.
Special to THE MoRSINs CALL

mouse committee on Coinage, Welghts ana
Measures tomorrow. This was formally
decided upon by the fTee-cOinage members
OF the committee, and as a result of the
series of conferences of the free-cOnage
men, which closed to-day, it has been de-
termined that not only shall the Bland bill
be favOrably reported, but that a speedy
consideration is to be forced in the House.
The free-coinage men tonight claim that of
the $50 members of the House they will
have 200 votes in favor of the bill. Ten or
eleven OF these, they say. will be Repub-
llcans and the remainder Democratic. OF
the opponents to free coinage, about forty
will come from the Democratic side. The
bill as it will be reported is substantially as
follows:
THE BLAND BILL.
SECTION 1.-The unit value in the United
states shall be the standard silver dollar as now
coined, containing 4l2l2 grains OF standard
sllYer, or the gold dollar OF % $40 grains Of
standard gold. The standard gold and silver
coins of The United States,are 10 be legal tender
IN payment Of all debts. ANY holder of gold or
silver bullion Of the value OF ) 100 or more, stand
ard hneuess, shall be entitled 10 have the same
struck INTO any authOliZ standard CONS OF the
United States, free OF cha ge at the mints OF he
United States, or may deposit The same at such
min's and receive therefor coin notes equal 10
amount 10 The coinage value Of the bullion de
posted ana the bullion 10 become the properly
OF he Government Tie coin notes so issued 10
be IN denominations OF not less than 81, nor
more nan $1,000, and Will be also legal tender.
Sec. 2. Alter the passage OF This act II Will not
be lawful 10 Issue OF reissue the gold or silver
certificates or treasury notes provided for In tile
act OF July IA, 1890. All such notes received IN
the Treasury ale to be Cancelled and DESTROYED,
and coin notes, provided for 10 the first section
OF this act, issued IN lieu thereof; provided that
this shall not alter the legal tender character OF
such notes now issued.
Sec. ). The coin noleS herein authorized may
be re issued; but The amount at any time out
standing shall not be greater or less than the
value OF the coin and bullion at the eolning value
held 10 the Treasury; said notes to be redeemed
In coin on demand at the Treasury or any sub
Treasury, ana The bullion deposited to be coined
as fast as necessary for such REDEMPTION.
Sec 4. Any holder OF full legal Ieuder gold or
silver coin OF the United states to the amount of
$40 OF more may deposit the same al the Treas
ury auy sub Treasury and receive therefor
coin notes herein authorized.
sec. 8. The act Of July Il, 1890, is hereby
repealed.
Sec. g. AS soon as France shall reopen her
mints 10 the free and Unrestricted coinage OF
silver al her present TatO-15I4 pounds OF silver
20 be worth one pound OF gold tOy-it shall be
the duty Of The President Of The United States 10
make 4 public proclamation Of that fact, where
upon lie said ratio shall be the legal ratio OF the
United States, and thereafter the standard silver
dollar snail consist OF 400 grains Of standard
silver and the aW relating 10 The standard silver
dollars 0f i12i2 grains shall he applicable 10 tie
new dollar, ana the silver dollar OF 4l213 grains
IN The treasury, or coming IN IN IedfitTt sDa Ue
coined a. fast as practicable into dollars Of 400
grains; any gain arising theIefrOm 10 be ac.
accounted Tor into the treasury.
BLANDS VIEWS ON THE BILL.
In an interview this evening Bland said
the bill is different from all others in one
particular: 1T contemplates the convert
ing of all Of our silver money, silver certf-
Gates and Treasury notes issued on bul-
lion, and the gold certificates issued on gold
into coin notes, Iedeemable In coin, thus
L..
stead OF keeping up the distinction between
gold and silver in our paper issues. This
conforms TO the idea Of coming both metals
on the equality of gold and silver, free"
TIE DIFFERENCE WITH FRANCE.
His BILL he said, also differs from others
in the provision about France. 1T is
claimed" said Mr.. Bland, that France
will not resume free coinage now because
the difference between our ratio of 10 to l
and the French ratio Of 15R to l would
cause all of our silver to 90 to the French
mint. There can no longer be any preteXt
on the part Of France to coin silver free be-
cause our ratio is different. Personally |
care little for this, but there are many peO-
pie who think we ought TO have a common
ratio and | have no objection to it,"
Bland asked If any Secretary Of the
Treasury would dare to pay out gold for a
silver certificate.
Taylor replied that no Secretary dare do
anything else.
Biand-Then he violates the law every
time he does it aud is liable TO impeachment
for the act distinctly says they are redeem
able IN silver dollars and in nothing else
Bartine said that Director Of the Mint
would not state that he would pay out gold
for silver certificates. He might say he
would on demand lay gold for treasury
notes.
Taylor and Williams insisted that the
practice Of the Government was to Day out
fnr of 10 oh ions ltarn do
manded, and Williams OF Illinois and others
insisted that the silver law by its terms made
the certificates redeemable in silver
Senator Stewarts Free-coinage Bill was
to-day reported adversely by Senator Nor
rill from the Committee on Finances
FOREIGNERS DRAWING PENSIONS.
The bill introduced by Representative
Newberry of Illinois cutting off pensions TO
foreigners and nOn-reSdentS of the United
States Is becoming the subject of great In
ternatiOnal interest The dispatches state
that IN one province Of Canada alone over
thirteen hundred people viii be affected by
the proposed legislation, and General New
berry himself estimates that the foreign
benenciarles Of the pension laws aggregate
at least $4,000 In an interview, General
NewbeTTy said: after the war foreigners
who had come here as soldiers Of fortune
took advantage Of the liberal pension laws
and returned TO their native country where
they have ever since lived, rearing families
on the money paid them by the United
States 1t is not now, nor was It ever their
purpose to return TO this country; nor do
their sons acknowledge allegiance to the
United States. The pensiOner himself takes
advantage of his position to absolyc himself
from his duties To his home Government and
lives in ease and luxury on the bounty of
the United States. He is a constant source
OF annOyOnce TO our Consuls abroad, de.
manding protection under our flag from the
(Y6VprumpDt
are several thousand Of such pensioners lly-
ing in the Kingdom OF Wurtemberg, Ger
many, and our Minister TO Turkey says
that they are scattered all over Eastern
Asia and Western Europe. We know that
many are living in Great Britain and
Canada.
Pacific COAST DEFENsEs.
General Flagler chief of the Bureau of
Ordnance, appeared before the Senate Com
mittee on Coast DefenSeS this morning and
urged the establishment OF a gun factory on
the Pacific Coast Regarding the number
of guns necessary for the protection of the
three PRINCIPAL points on the Pacific. viz
San Diego, San Francisco aud the mouth of
the Columbia River, General Flagler said il
would require 135 new steel guns and 100
new steel mortars. Relative to the defenses
OF San Francisco the general said il was
the present plan to mount all the 8-inch and
10-lnch guns on disappearing carriages, the
larger guns to be placed in barbette and
metal turrets. These disappearing car
riages would cause the gun to disappear be-
hind the parapet which cOnceals and pro-
tects the gun and its personnel while load
ing aud firing. In response to a question as
to the carriages for the guns already om-
pleted, General Flagler said that none were
now finished, but three weeks ago (evi-
IDENTIFY having In mind the Chilean affair
he was prepared to mount in haste the guns
on the old carriages now on the Pacific Coast.
DEMOCRATIC PARTY PLEDGES.
Representative Wike of Illinois to-day in
tToduced a series Of resolutions, which have
secured the approval of number of his
Democratic colleagues, declaring that the
tariff is tax and calling upon the Ways
and Means Committee to report as speedily
as possible the bills enlarglng the free list