Daily independent. [volume] (Elko, Nev.) 188?-1915, 1892-12-29
FREE COINAGE OIi NC COL.
AGE.

tho New York World, writing Decem-
Der Is, gives the following interesting
facts regarding a struggle likely to be
made during the present session On
the silver question:
III Congress is not doing much just
now, it 10 at any rate laying tho foun-
dations for much that PROMISES inter
eat later in the Winter. When Senator
Hill introduced his bill for the simple
repeal of the Sherman Silver Purchase
law it was said in this correspondence
that something Was suro To he hang
on tho peg which would Civ" 0ppnr,
tunity for open battle between ":r.,-
lutte free coinage on the one hand ard
no coinage at all on tho other. Sem
atOr Stewart has not allowed . vrrk
to pass without doing ~sourtaju: IA
that direction. On Monday b" an.
nounced to the Senate that irr bad
discovered Il omission" ~ S"I"l0r
Hills bill, and that as .Mr. !Iii' WHs
not himself present he, .;cnntur Stew
art, wished to correct the oversight.
addition to the bill prov, dag for 'h"
absolute free coinage OF SILVER for al
corners, and the immcrIiaie cnin.Y,,
OF all the bullion in Tn" Treasury ia
fnst as it may be done w]j;iI"ut inter
fering with the pronD mr"tiVC nt
bullion deposited for That purlmsN Ivy
private persons. Apparently senator
Stewart need not have butilorcd
about this last point, inasnuch ns his
bill provides that depusitors of bullion
need not walt for their coin, but may
take legal tender Treasury notes in
eteud.
Tho bill, or amendment, is the
simplest and most radical free coinage
measure eYe presented in Congress
It. not only provides for the compul-
cory conversion OF all silver into legal
tender coin-fDr it makes full legal
tanders cut Of the half. dollars, quar-
tors and dimes as well tho dollars
but also converts the Treasury into q
warehouse for the safo Keeping of all
these coins and initiates the Treasury
note circulation to IN extent equal to
their total amount. Fortunately it
gives the Treasury tho option Of re-
deeming these notes either in silver or
gold. Without that choice there would
Soon be u fino field for speculation
opened to the gold shippers.
"Fhe introduction OF this amend
ment was meant to force a silver fight
during the present session. Whether
it does 30 or not will depend upon the
comparative sagacity Of the leaders ON
the two sidas. But il tho fight comes
it will be upon tho direct issue Of free
coinage ag aiRst no coinage. For that
reason the anti-silver mon will spare
No effort tn keep the subject down.
On a direct vote upon that issue they
500 very clearly free silver would win
hands down, to quote the words Of
u Of the anti-silver leaders used in
conversation this week. But in the Of.
fort to keep tho matter out Of Con
gross for the session tho forces will
not be divided in the same way as up
on tho mtsa question. There are
many memhers OF the lover House
who win vote for FREQ silver If the
question is brought to issue, but who
worry greatly prefer not to vote upon
it at nll. Some Of them ure sincerc
believers in free silver who fear party
discussion and for that reason desire
- avoid tho question. Others arc
uot believers in FREQ silver, but the
Representatives Of free silver constit-
uoncieH. These or somo Of them
",:r" more for their own continuance
IA Congress than for any o victlons
hey may happen to have about their
ICONS. They will vote for free silver
= lhD question is brought to n vote,
80