The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1893-08-09
-FOUR PROPOSALS,
Which the Administration Will Sub.
init to Congress on the Financial
Question.
Two OF Them, IL Is Anticipated, Will
BE Rejected-The Third Is the
Presidents,
And the Last One a Compromise i'm
the Event the Other Three
Fail.

WASHINGTON, Aug. 9.-The admins
tration has taken q hand In the matter
Of adjusting the question of silver legis-
lation in the house and turning it in
the pr oper channel. 1t Ia learned re-
garding Mondays conference between
the silver and anti-silver leaders that a
scheme which emanated from the
White House was substituted for dis
cussion through tho medium of the
treasury department. The proposition
is to take up the money question with
out delay and dispose of it without
waiting for the organization of the
committees. This can be done by the
house organizing itself into committee
OF the whole for the purpose of CON
sldering measures contemplating the
application Of remedies Of existing evils
under the rules of the last congress.
which can be adopted by resolution.
The Four Propositions.
When the house is SO organganiZed
the administration proposes to submit
through its representatives on the floor
the following tour propositions, to be
voted on In the order here given: First,
h continuance of the coinage of silver
at the ratio of l6 to /; second, the COIN
age OF silver at an increased ratio of say
~ to l; third, the unconditional repeal
OF the purchase clause OF the Sherman
act; fourth, the indefinite suspension Of
the purchase clause OF the Sherman act.
The first two propositions are conces-
stons to the silver advocates. The adj
ministration expects that both will be
rejected. Bnt it will give the silver
men first call and remove all cause ofirri-
tation. The question will then be on adop-
ton of the third proposition, which is
the administration programme. Should
that. too, be defeated the COMPROMISE
clause under the fourth head will then
be in order, which is intended solely to
neutrallze matters as an experiment
that can be at any time discontinued
and so restore pubic confidence until a
permanent measure of relief can be
agreed upon, possibly at the regular
session. The whole plan bears the
marks of Carlisle's handiwork, though
it is said to have been inspired by the
president in its general nature. The
object in not waiting for the commit
tees to be organized is not alone to save
time, but is primarily intended
To Prevent Irritation
growing out of disappointments ever
the organization of the committee on
coinage, weights and a The
proposition wa advocated in the 0 n
ference by Representative Bourke
Cochran of New York. which lends
color to the rumor hat the late spokes-
man OF Tammany has come to terms
with Mr.. Cleveland and is prepared to
lead in the repeal forces on the floor of
the house. 1t is approved by such men
as Bland, Boatner and Culberson, free
coinage leaders on one hand, and by
Tracy and the leading anti-silver men
on the other, and there is apparently
nothing in the way of an understand
ing on the basis Of the lines here indi-
Gated. MIR. Springer of Illinois, who
confirms the story. predicted that the
whole question will be before the house
on Wednesday.