Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-08-29

clause Of the Sherman silver law, 10
Ia not probable that President Cievo.
land was pleased with the speech.
Although he gave Mr.. Cleveland and
Secretary Carlisle liberal support oil
'iaGy," the speech IA a whole was not
10 accord with the administration. Mr..
Voorhees, favors tho repd Of the pui-
chasing cause OF tho sherman law
merely 10 clear the deck for future
legislation which shall give silver
its rights a. money metal, while Mt.
Cleveland IL believed to favor II for n
very difeTen, reason; Mr.. Noofhtes
opposes the present peneion policy %
the administration, which II under.
stood to be Mir. ClovelAnd's personal
idea, he advocates the pOpulist Idea Of
n graduated income tax, and the sub
stitutiou oi state banks for tue national
bank, two matters upon which Mr.
Cleveland has been non cOmmittRl NJ
to the pf, sent time. 10 IN n question
whether tue speech Of Mr.. NoUfhu,u
made any votes for unconditional
feroal Of the purchasing clause VI the
sherman law, but there are Tumois
that several Southern senators, hereto
fore supposed ~ be against uuoou.
diti0nal repeal, will follow his exam.
ple--maku strong silver speeches and
then announce heir intention 10 vote
for repeal.
rnv increased interest In the House
began with the announcement OF the
committees, which owing to good
newspaper "gutsses" contained lew
turprists, nud has been kept up during
the week ~ tbs spirited speeches Tor
AMI against repeal, the running i've
minute speeches In the debate Of yes.
tetday and today bUing the most In.
tureAliug Of al because o. the largU
number OF members present and takiug
part therein. The House viii begin
voting on Monday and unlets there ~
some unexpected hitch tho matter
viii be- dlsp. sud Of ON that date. Con.
sefvatiye men on both Sides consider
tnat the outcome lsstiil In doubt, with
tie chance, slightly iavOfing repeal.
The HuministTatlOu played ttfoua
card against the Increased alto" men
when Secretary Carlisle sent to Scna.
tot voorhees, for tue Information oil thu
Seuato finance c1mnliituu nn estimate
VI what tho cost would b. Of ouaugl Is
the ratio OF coinage than SHE.
OUO,UUO.
EVERY bondhodor his own bank.
en-" Ia the popular title when has buon
given 10 the Dill introduced by unaUi.
NOUS consent OF the Home o.
II preventative johnson, Of Ohio,
making u. 3. bonds exohaugcablc f0r
treasury uOluB aud vice vsrsn, at tho
option VI the holder, the interest ON tho
bonds ~ cease while they are Ia the
governments possession. Tue idea IN
an old one, having been originated by
a gteenbaukUT, IN the hUyday Of tue
party, away back In tho seventies.
rhe banks and money lunlcrs will OF.
pose u, because II II were law IL
would deprive them OF a profitable line
n busincss-losuit < money upon u. >.
bonds.
senator Hil's speech today In favor
OF the repeal Of the purchasing clause
Vt the Sherman law was listened 10
with great intcrUsl.
Senator Feiicr threw the Senate Into
a cOmmOtiun when he called up his
resolution calling upon the secretary
OF the treasury for Information Aa 10
the conduct Of national banks la roius.
ing 10 pay promptly this checks ore.
sented by their uep0sitOrs. Senator
HoAT wanted the resolution roferfel TO
lp2 aaallga cassslllee,~ apt said tina,
ia times Of panic the national banks
should not be held up 10 thu strict letter
of the law, and that II would be vol
10 wait week or ten days before pOk.
ing Into the matter Tho came viuw
OF the matter was taken by VOORHEES,.
MoPhrrOn, White Gnd German, ard
was opposed with spirit by KYLE,
Mandofsou, Wolcott and Hin, the
latter saying SHARPLY Ia answer TO NJ.
GormRnis argument against the rigid
enforcement OF the law; "rhcre new
has been a case In the history Of the
country that ils advocates have n /
always pleaded that the matter COM
plainod OF was not In the interest
the public welfnre.D The matter was
temporarily disposed Of by sending
the resolution TO the foot OF the cal.
endar, but Il will DO heard from again.
The senate, by vote Of 20 10 &C., de-
olded against seating Lee Mantle, wto
was appointed senator by the governor
OF Montana, but motion for recon.
sideralion IL now pending. The dc.
cision will practically settle the fate u
the applicants from Washington aud
ANVnU.tnn