Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1893-12-16
SOME SILVER CHAT.
White Metal Men Surprised at
Voorhees, Statement,
wANqsD INSTRUMENTATION BILL.

And Expected vO0rhees' Measure to Have
Cleveland's Recognition. which It Hss
Not-A Hint, However. That the Execu-
tive Is Descending . Little-Carlisle
Likely to Endorse Part of the Voorhees,
Bnl-weicomed by the Silver Men.
WASHINGTON, Dec l6-Voorhees' denial
that the financial bill introduced in the
senate by himself has the sanction of Pres
ident Clcveland's administration has cre-
ated some surprise among some senators
and otherswho have kept informed upon
the financial question. The silver men say
they were led to suppose from what Voor-
bees said during the debate on the silver
repeal question in the extra session that
with that bill out of the way the admins
tration would propose a measure for the
substantial recognition of silver as money,
and they had therefore expected that when
Voorhees, should bring in a bill it would
come with the sanction of the president
and the secretary Of the treasury. They
admit, however, that neither Cleveland
| no. Carlisle has given out any utterance
to justify this expectation, and accept this
as confirmation of Voorhees, assurance
that the bill is entirely his own.
Might Hide Its Sentiments.
There is a we'll grounded suspicion also
that if tine administration should really
| feel friendly to the bill the fact would be
suppressed because of its supposed desire
| to have foreign governments understand
| that this country is committed to the gold
standard. 1t is asserted by the supporters
| of the administration who are not an,ago-
| nis;ic To silver that it is the policy of the
president aud especially OF the secretary
| of the treasury to thus force England,
Germany and other European nations to
| themselves seek a renewal OF the interna-
| tionaI negotiations tor "A more liberal use
| of silver. This is in accord with assurances
| made ut the Brussels conference upon
Cleveland's behalf
Another View Of the Situation.
II this Is correct the admins: rat ion
| would certainly not commit itself to a
| measure pro, iding for the further par
chase of silver even at time as ren. ote
| in the future AS that proposed by the
voorhees, bill. 1t is also asserted that for
the same reason the administration would
not be likely to suggest legislation look
| in;, TO the revival Of the international con-
| J,
| 10 Cleveland WHO hold that he is on priuci.
pie opposed To any recognition of silver
whatever, and that without regard to
international co operation he would rot
lend his sanction 10 any measure in the
interest of that metal. This view does
not correspond, however, with the assur-
ances given cut by his adherents while
the repeal bill was under discussion.
Just What Carlisle Was Waiting For.
| There is little room for doubt that Sec
retary Carlisle will indorse the first Sec
tion of the voorhees, bill providing for the
coinage of the seigniorage. He has been
anxiou, 10 find authority for such coinage
ever since the treasury deficit began to
make itself painfully manifest, and soon
after the adjournment OF the extra ses.
sion he undoubtedly had under coniempla-
tion the coinage of this silver without fur
ther authority from congress, believing
that the unrepealed portion Of the Sher.
man act afforded that authority. He
seems. however, 10 have changed his mind
as to the wisdom of this proceeding, and
is now presumably waiting upon congress
to provide explicit legislation for it.
The silver men welcome the measure as
u basis for the revival OF the silver discus.
sion at the proper time. but say that i; 1t
should ever be passed it would he mater.
iially amended.