The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1893-07-19
THE SILVER QUESTION.
Senator Sherman Talks of the Repea
of the sherman Act.

THE SILVER QUESTION.
Senator Sherman Talks of the Repeal
of the sherman Act.
New YORK, July Ex-senator Jones of
Nevada is in New York arranging for the
Free Silver Convention at Chicago Aug
ust LIST. The Senator told the reporter
that whatever disposition the House
makes of the Sherman Act. its repeal can
not pass the Senate unless u substitute is
offered satisfactory to the champions of
silver free coinage.
81 can, if | WISH" continued the Sena-
tor, 'tie up the Senate from now until
the term of its members expire. OF
course there is likely to be prolonged de-
bate. Stewart, Teller, Walcott and the
rest of US, who demand free coinage, or
something akin TO it, will have a great
deal to say.
at we get tired of talking, a motion to
adjourn, to go into executive session, or
indeed any motion at all will continue
the delay"
But what if closure is attempted?"
There is no more chance of closure
than there was during the Federal cleo
tions bill fight in the Fifty-tirst Con-
gress. The gold men must come to us.
We shall not surrender to them by any
means.
"Our Chicago convention bids fair to
prove very popular aud large one. We
shall exhibit a strength of which our OPP
ponents, perhaps, do not dream"
AGAINST REPEAL.
LITTLE Rock (Ark.). July 1S.-Not-
withstanding the fact that all the leading
commercial organizations in Arkansas
have declared in favor of the uncondi-
tional repeal of the Sherman silver law,
the delegation in Congress will, with pos
sibly one exception, vote against repeal.
This one exception is Congressman w.
l.. Terry of this city and he refuses to
commit himself on the question.
ACTION OF THE CHAMBER OF COMMERCE.
SAN Francisco, July lS.-At meeting
of the Chamber of Commerce this after
noon silver resolutions came in as a re-
port from committee from the Board Of
Trustees. Changes were made in the
wording, providing that the ''silver pur-
chase clause of the Sherman bill should
be repealed; also, recommending the
changing of the National Bank Act so
that il will permit note circulation equal
to the par value of Government bonds
hypothecated to secure said circulation.
Captain Merry moved the adoption of
the resolution.
+. Is. Pond seconded the motion.
George X. Porter offered substitute
resolution and spoke against the measure,
1ah ho
ing bills and paying interest on bonds at
the same time.
George X. Porter advocated the free
and unlimited coinage of silver, and, if
necessary, the placing Of an export duty
on gold.
Porter's substitute resolution provided
for free and unlimited coinage of silver,
that of full legal tender for all debts ex-
cept customs dues, and that the Govern
ment cease to coin gold or issue any note
below the denomination Oslo.
Captain Merry spoke against the
adoption of the substitute resol ution of
fered by Mr.. Porter, and in favor of the
resolution reported by the Board of
Trustees.
Hugh Craig spoke in favor Of with
drawing paper currency from circula-
ton and issuing bonds in lieu of the
paper currency. Silver would then take
the place of the notes in circulation. He
opposed the Porter amendment.
w. I. Coleman spoke in favor Of the
repeal of the purchase clause of the
Sherman Act; in favor of ratio of gold to
silver of l to 20; for the free coinage of
American silver only, and without
royalty to the Government, and an I'M
port duty of 10 per cent. on foreign silver.
Arthur r. Briggs said that the Cham
Der, at its last annual meeting. placed
itself on record in favor of the repeal of
the Sherman bill. If there is reason for
a change of heart that reason ought to be
made known.
MIR. Coleman offered a resolution as
substitute for the Porter substitute. The
Porter substitute was lost.
Mr.. Porter then moved a consideration
of the report of the Committee on Reso-
buttons by resolution. He spoke at
length. The report of the committee was
then adopted as given in the foregoing,
with the amendments mentioned.
NEVADA SILVER MEN.
VIRGINIA CITY, July 1S.-Members of
the State Central Committee of the Silver
party met last night, and elected dele
gates to the Bimetallic Convention.
which meets in Chicago on August LIST.
a committee of five, comprising c. E.
Mack, w. +. F. Deal, f. NJ. Hufaker
W. E. Sharon and Clayton Belknap. was
appointed to draft suitable silver resolu-
tons to present to the convention. A
full delegation will represent the silver
party of Storey County at the Chicago
Convention. Stirring resolutions, favor
ing the free coinage OF silver, viii be pre-
scented.
A Mysterious Shot.