New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-07-06
BLANUS POINT DISCUSSED.
The DEFECT ~ TIE SILVER BILL GENER-
ALLY ADMITTED.
CONFERENCE OF DEMOCRATS DECIDES TO TRY
TO PASS TIE ELL As IT STANDS.
tBY TELEGRAPH TO TIE TklBUSE.i

tBY TELEGRAPH 10 TIE TkiBCNEi
Washington. July THE point raised by MI
Bland against the silver bill that unless It should De
amended IL would destroy the legal tender quality Of
the Treasury notes issued under the act OF July a.
1880 was the subject OF much warm and earnest dis
cussion among members Of the House to-day. good
many of the friends of the bill disposed. at first
Z, believe. as one of them expressed IT, that Bland
Is jealous and has discovered mares nest but when
Chairman Culbcrson Ezra b. Taylor and all the other
members Of the judiciary Committee who coula DC
found held that BANDS objection was well founded
they changed their tone. several members OF the
judiciary Committee went even further than Bland
and declared that the base repeal OF the act OF 1eoo
without provision for the redemption Of the Treasury
notes issued Hereunder would in effect amount 10 re-
pudiatlon OF those notes.
That the opinions OF such able and eminent law
ycrs as Messrs Culberson, Ezra b. Taylor and others
had shaken the confidence Of the authors and support
ers OF the Stewart Morgan bill soon became EVIDENT
and It announced In the course OF the afternoon
that conference would be held by the latteT toisnt
TO consider the question.
Senator stewart WAS quoted this morning rs say
Ing that there nothing In BANDS point because
section -, Of the Revised statutes provides That:
The repeal Of any statute shall not have effect 10
release or extngulsh penalty. forfeiture or liability
Incurred under such statute Unless the pealing act so
expressly provides and such statute shall be treated as
still in the purpose o. sustaining any proper
prosecution for tho enforcement OF such penalty
forfeiture liability
In conversation with Tribune correspondent To-
day Ezra b. Taylor referred 10 this and declared that
the section quoted by Senator Stewart has no bearing
whatever upon the case. lie added:
AZ the bill should become n law In It's present
form and person should tender Treasury notes Issued
under the Act OF July, 1890. in payment OF a debt,
and his creditor should refuse to receive them and
bring suit the cOurt would hold that the tender was
not good II II should be offered defence. Cnder
decisions OF the supreme Court Of the United states
tender to be legal must consist CT money based upon
a law I'm existence at the time the tender IL made
IL IS not sufficient that law should have existed
ii must still exist This IS wellesabshed rule Of
law"
OF course the friends Of the bin extremely averso
TO making any changes I'm IT, mainly because thoy fear
that il ii should be returned 70 the senate II would
NOT fare so well A. 1t did last week and yet II seems
An Informal conference OF between thirty and forty
Democrats who favorable TO free coinage Wac
held at the Capitol 70 night, with q view OF ~cer.
talung the sentiment existing concerning the alleged
defects In tho ,,late silver b and whether IL would
be wise b. attempt 10 pass the bill without amending
H. There was a general Interchange OF opinion r.
gaIding the pnop1cy II attempting 10 secure action
on the bin IN Its present shape. Notwithstanding the
divergent views held by the members present n mo.
ton was adopted expressing IL As the sentiment o'
the meeting that the bill should be passed as II came
remedial legislation, I'm case such should be deemed
necessary. for future consideration, legislation which
those present thought there would be 10 dmculty In
securing Among those present at the conference
whom have expressed the opinion that the bill n
pa ed by the senate IS defective senators stewart
ard Morgan, and Representatives Bartne and Towns
end. Of Colorado RepubicanSl, were present by IN
HAT