Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1892-02-11

received a setback in the north wing Of
the Capitol to-day. The Senate COM
mittee on finance reported adversely
Senator Stewards Free Coinage bill.
While the coinage men are surprised,
they say that n bill to their liking will
yet pass the Senate. Senator Stewart
believes that the very measure which
was given black eye to-day will pass.
All the members of the finance com
mittee, except Jones, Rep, (Nev) and
Mcpherson, Dem, IN. J.) were present
this morning when the bill was taken
up. The discussion over the measure
was short. AS the views of the two
absentees were known, il was decided
that their votes should be counted by
permitting them to be paired. Senator
Voorhees, was accordingly paired with
Senator Mcpherson and Senator Aldrich
with Senator Jones. Then, by the vote
of to 4, it was decided to report the
bill adversely. The seven votes against
the bill were cast by Senators Morrill,,
Rep, (Vt) Sherman, Rep, (O.) Allison,
Rep, (la.) Aldrich, Rep, Or - Hiscock,
Rep, IN. 70 McPheison, Dem, IN. J.)
and Carlisle, Dem, (Ky.) The four
friends of the bill were Senators Jones,
Rep, (Ncv) Harris, Dem, CTenn.)
Vance, Dem, IN. O. and Voorhees,,
Dem, Qnd.)
The action Of Senator Carlisle in vot-
ing to kill the bill caused considerable
surprise, as it was supposed by many
that he favored free silver, in view of
his action last year in voting for the
| Vest bill. The silver men had counted
| upon Allison, but he disappointed them.
| In Difference to the friends of the bill
in the Senate it was decided to recon-
mend that il be permitted TO 60 on the
| calendar. This was done, and there is
| nothing now to prevent Senator Stewart
from calling il up. This he will do, if
his uttcrances connt for anything. He
and his friends do not believe that the
action of the finance committee indi-
Gates that u free coinage bill cannot be
passed through the city. The silver
men insist that they have the votes, but
their opponents are inclined to doubt
their estimates Of strength.
While the adverse report on the Free
| Coinage bill from the Senate finance
committee represents the convictions of
the majority Of that committee, ii is not
at all certain that the bill will not be
passed. The opponents Of the free coin
age of silver arc stronger than they were
in June, 1890, when the Plumb free
coinage amendment went through by a
vote Of 43 TO "a
in the face Of an impending national
convention it is probable that the Demo-
Gratis and the Republicans will be con-
sentative Several of the Republican
votes cast i'll 1890 were lent to the Demo-
Gratis by sort Of consideration that the
favor may be returned. There was then
not the concern about tte evils that
would follow free coinage that there is
now. II is not now certain that German
would vote for free coinage. 1t is GER
tain TINT Mr. Carlisle would not !.
Unless the desire to wreck the Demo-
cratic party has extended from the
House to the Senate, the report Of the
finance committee will be sustained and
the President be deprived of the oppor-
tunity Of winning the approval Of the
east and the sound money north west,
and Of putting himself in excellent posi-
tion for the campaign in the fall.
THE bill introduced by me and which
the majority OF the committee will to-
morrow order 10 be favorably reported"
said Chairman Bland tonight, sis differ
ent from all other bills introduced in
one particular. 1t contcmplates the con-
verting of all our silver money, silver
certificates and treasury notes issued %
bullion, and gold certificates issued GA
gold, into coin notes redeemable in coin.
thus converting our paper into bi-metal
paper, instead Of keeping up the dis
tinction between gold and silver in our
paper issues. This conforms to the idea
of coming both metals on ali equality,
gold and silver free. The coin notes are
redeCmablc in coin, and of course, in
whatever coin it may be most conven-
lent foc the government to redeem them
in. The depostors of gold and silver
bullion have the privilege of waiting
until their bullion is coined and having
the coin returned to them, or they may
deposit the bullion and receive coin
notes at the coin value of the bullion
/ deposited The bullion then becomes
the property of the government and is
coined as fast as may be necessary for
the redemption Of any notes presented
for redemption. 1t obviates the expense
OF coming all the bullion at the time it
is deposited
DIscouRAGING TO PETER.
Senator Calamity PETER left the SEN
ate chamber considerably dazed to-day.
lie had received smashing blow at the
hands OF the finance committee, of which
the venerable Senator Morrill, is the
chairman. This committee had pre-
sented adverse reports on two of the
great calamity howler's pet measures
his bill to increase the circulating
medium by issuing treasury notes based
, on gold and silver coin and bullion.
: and that other wonderful bill, proyid-
, Ing for the loan Of money to the farmers
of Indiana.
Those lndianans who read the news
papers have felt very much aggileyed
: since PETER introduced this bill. which
represented the people Of the state as
staggering under load Of MORTGAGES
which nothing short of the loan OF
SlOo,OO0,0O0 at 2 per cent per annum on
flrst mortgage security could remove.
VI course, there never was the slightest
foundation for belief that Peffer's bill
would be fayorably acted upon, but the
Indiana people don't care to get a blacl,
$ eye such as PETER, Simpson and com.
S pany gave Kansas by their msrepre-
. sensations of her financial condition.
! Inc finance committee, having
: squelched two OF PETERS fool bills. Il
5 now ready for any more Of his produce
Z. tions that may be referred to it, These
y be dark days, indeed, for the Farmers
s Alliance.