The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1893-07-07

WASHINGTON, D. O., July 6,-"What
Of the night" said a reporter to Gen.
All. Warner, president OF the Ameri'
can Bi-Metallic League.
General Warner said; ~ SEQ that
tbe legislative council Of India has de-
cidcd to receive soyerelgus at the treas.
ury of India without limit in exchange
for rupees, but not Bank Of England
notes, nor will they pay out gold for
rupees. The council has also carefully
abs.alned from making gold legal
hnder. II they should do so Europe
would rapidly bo drained OF its gold to
settlo balances due to India. Tho policy
therefore ia simply to sell council bills,
which are drafts on the India treasury
for rupees for gold, and then to buy
silver on government account at the
ratio fixed iu council, aud from this
silver coin rupees with which to meet
any excess OF drafts over the tax collGc-
tions Of the Indian treasury.
1--WE may look for purchases OF silver
on account Of the Indian government at
any time. In fact, that government has
adopted u sort OF q Bland law, except.
inc that it has fixed the ratio at 2lt for
converting rupees into silver. II the
mines OF tho west remain closed for
any lenpth OF time silver will rise us the
result OF purchases by our government
and on account OF 1ndia."
Questioned as to the allegedpurpose Of
the silver convention which is to meet
in Chicago August lst to pass q resolu'
lion iayoring the demonetizaLion OF
rold, Mr.. Warner said: II know nothing
Of a purpose to introduce such bill. Ii
the gold monometallists insist on sub
division Of bimetallism by demone.
tizing the only metal which can be pro-
daeed ia sufficient quantities TO main
tain staple relations between money,
supply, and business, and II they persist
in their evident intention to destroy the
automatic regulation OF money through
the mines, they neod not be surprised
at d spontaneous movement to demone-
tie tile other metal and transfer the
control OF money from the mines to
legislation"
ltisnow stated that the silver men
may play part in the selection OF q
speaker. The announcement that there
is possibility that Mr.. Bland, their
champion, may bo displaced as chair
man OF the committee on coinage,
weights and measures, has stirred them
to renewed efforts. Stories of an at
tempted combination between the free
silver advocates and the Populists to
place q candidate for tho speakership
in the field, upless they have the assur-
anCe Of Mr.. Crisp that Mr.. Bland will
be retained at tho head Of the COM
mittee, are floating about but are not
generally credited, for though 1t is
openly said by some that Mr.. Bland
will not again be chairman OF the com
mittee, there are no facts that would
warrant such an assertion. Mr.. Crisp
has not even intimated such n thing.
Among tho more conservative the
impression is that Mr.. Bland will lead
the committee. This would not, how
ever, indicate that tho entire committee
will remain. II Mr. Bland is chairman
1t may be expected that tho mako up OF
the committee will be SO changed that
a majority at least will be in favor OF
the repeal Of the purchase clause in the
sherman law. II is known that MIR.
Crisp has made absolutely no pledges,
one way or the other, other that this
one will bO retained or that the other
will be given a craftsmanship.
Senator Harris, president pro tom OF
the senate, says there will bo no flibua-
tering in the senate against tho bill to
repeal tho Sherman law.