The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1893-08-25
MUCH TALK.
What Is Expected of Congress for
the Week.
SENATOR VEST OFFSET BY VOORHEES,.
The Proposition to Increase the Currency
May Pass the Senate, But VIII
Meet a Radical Counter House
Proposition.

WASHINGTON. Aug. 21.-A half month
of the special session of congress has
passed, and the third week of the finan-
cial contest opens with both parties
confident, but with many significant
| changes in the situation. The devel-
opments of the week gone have brought
surprises to both elements and have
demonstrated the impossibility of par
tisan politics entering into the battle.
The republican senators from the sill
yer states have reiterated with greater
emphasis their loyalty to the silver
cause, while Dan Voorhees,, from lndi-
ana, with free coinage record of twen-
| ty years, has declared for the uncondi-
tional repeal of the Sherman act. and
as chairman of the finance committee
has cast the deciding vote for the favor
able report of such measure to the
senate.
Thus the disappointment which re-
peal men felt when Senator Vest, of
Missouri, SO emphatically declared for
free coinage and against unconditional
repeal of the Sherman law has been
more than offset'by the accession
their ranks of Voorhees,. But the free
coinage men of the senate are still reso-
lutte and determined and no one familiar
with the situation can hope for a settle
ment of the question in the senate with
out almost endless discussion for many
weeks. and votes upon innumerable
propositions to he submitted by the
silver men in case of the defeat of their
leading proposition.
1t is not improbable the coming week
may see the bill to permit national
| banks to increase their issue of bank
notes to the par value of their bonds
on deposit forced to a vote in the SEN
ate and the indications are it will re-
ceive a majority vote. Some of the
silver senator's are in favor of resisting
all remedial legislation whatever I'M
less it is coupled with a law for free
coinage. The majority considers this
policy ill-advised and does not think
the silver men can afford to oppose the
currency bill. which will Immediately
swell the volume of national bank
notes $4,000 900 and not tend to affect
| tic cSSpIlIldl ulpTlIS Vi Tie
question.
| Any legislation further than this will
meet with n solid phalanX of opposition
from the silverites, and if they see any
proba bility of finding themselves in
the minority they will demand prompt
action on the conte sted cases of Sena-
tors Mantle and Allen. whose admis
sion. it is believed. will give the silver
element at least two more votes in the
senate. Silver men at the capital arc
| Just now criticising Gov. Osborne, of
Wyoming. for his delay in appointing
successor to Senator Beckwith, who
has recently resigned. AS any man APP
pointed from Wyoming would, they
think. be for silver, they hold Gov. Os-
borne is showing a neglect of free COIN
age interests by not promptly appoint
ing man to represent his state in the
senate to protect the silver measure
when that proposition comes up for
vote.
In the house last weeks discussion
has brought but little to encourage the
free coinage people. Congressman
| Bryan, one of their most eloquent lead
ers. has spoken and his speech has
elected the highest praise, but it is
doubted by many whether even such
able efforts could change many votes
in the house now, so little does the situ-
alton seem to depend upon argument
or past predictions.
1t is the expectation of the free coin
age men in the house, that whatever
be the result on the various votes on
repeal. conditional or unconditional,
On the 2Sth the senate will within
short time pass the Voorhees, bill to in
crease the volume of the national bank
notes and send the measure to the
house for it's concurrence. People who
expect the house to adopt this PROPOSE
ton in toto and with promptitude are
likely to be disappointed. 1t will give
rise to prolonged debate and the silver
men are preparing to meet the bill
with an even more liberal p-opo-
sition. They are to propose
measure, which, instead of
swelling national bank currency
1900, 900 as contemplated by the
Voorhees, bill, would increase this cir
| s.o.OOt.OOU at Vic siiiiC
time satisfy the demands of a strong
element of the American people by
making it impossible for the national
banks to increase or diminish at will
the volume of circulating currency.
The measure which is being discussed
| by the silver men as counter PROPOSE
ton to the Voorhees, bill has been
drawn by Representative Bailey, of
| Texas, an ardent bimetallist, who is
| coinage men to be the real author of
the free coinage bill now pending in
| the house as the proposition to be of
| fered by Mr.. Bland as the substitute
for the Wilson repeating bill.
After Tuesday the programme of the
senate can scarcely be defined. The
| bill to increase national bank circula-
| ton has the regular order, and while
there was some expectation last week
that it could be disposed of in a day or
two at most, it appears now that it
may prove that the debate will con-
sumo the entire week. The Butler
amendment which is pending to repeal
the state bank tax is one of the planks
of the Chicago platform and is sub
ject of much greater and far more
reaching consequence than the mere
proposition to extend the national
bank circulation contained in the bill.
Senators take strong measures on this
ground and it is fair to presume that
it cannot be disposed of without a
severe and prolonged struggle.
The outlook for the week is one OF
much talk but little achievement
HITS AND MISSES.