The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-08-18
FINANCE COMMITTEE ACT.
ifs Report Likely TO Be Handed in
To-Day.

One may ShOOSS " W SPOA AS'
1rdemnifcation for the Heirs of the
widow of Robert E. Lee for Timber
Used.
Washington, Aug. 19.-The meeting of
the Senate finance committee to-day was
attended by every member, and conclu-
sions were reached which may enable the
committee to report the repeal bill to-
\ morrow. There has been, from the day
the committee first met this session, a
difference of opinion between the silver
4 and anti-silver men that apparently
could not be reconciled, and the differ
pnces are no nearer settled than when the
conferences began.
DECLARATION FOR BISrETALLIsM.
The attitude of the chairman (Mr.
Voorhees, to-day, however, gave the sill
yer men in the committee but little hope,
4 for he said he would vote to report favor
ably the repeal bill, provided there was a
declaration coupled with it declaring for
bimetallism.
The bill, when reported, will contain
such declaration, and the vote by which
A it will be reported is estimated by mem
bers of the committee at six to five, the
minority consisting of Messrs. Harris,
Vest.V Vance, Jones of Arkansas, and Jones
of Nevada.
When the committee adjourned this
morning all had been substantially agreed
upon except the verbiage of the bill, and
particularly the language of the declara
q tion in favor of bimetallism. 1t was
hoped that this could be disposed of at
4 the meeting tomorrow morning and the
bill then reported. When it is reported
the chairman will ask that day be fixed
for the taking of the vote, and the sug-
gestion will be made that this day be al
most Immediately after the conclusion of
the vote in the House
UNLIMITED LEGAL TENDER.
At the meeting to-day the draft of a
declaration was submitted which favors
the continuance of the use of both gold
and silver Ito the extent of the existing
coinage) as unlimited legal tender, and
declares that all our forms of money,
whether gold, silver or paper should be
maintained at parity and equal in pur-
A chasing power. 1t will further declare
1 that every effort shall be put forth to Sc
cure an international agreement for the
adoption of a fixed ratio between gold and
"A silver.
woRDED TO MEAN ANYTHING.
This declaration, prominent member
q of the committee stated, would be worded
so that it could be interpreted any way
TO suit the position of the member. Am
biguity, he boldly stated would be
sought rathep than avoided, ia order that
the bill might be reported. With the IA
"A vorable report on repeating the purchas-
4 ing clause of the Sherman act, coupled by
the declaration here indicated, the com
mittee was able to at least transfer the
scene of the struggle to the floor of the
n Senate, and, according to the programme
OF to-day, the report will be made to-
morrow.
PROBABLE INDEMNIFIoATIoN.
Senator Hunton has again introduced
the bill which has been in congress before
and failed to pass, to appropriate to the
heirs Of Mrs Mary Ann Randolph Curtis
Lee, of Fairfax county, Va, the sum of
S2l7,236 allowed by the court of claims
for timber used by the United States
army during the war Mrs. Lee was the
wife Of Gen. Robert E. Lee, 1t is to be
hoped that the government will be lit
tle more prompt about paying this debt
than it was about paying for the Arling-
ton homestead property.
Nowhere is the continued business de-
preston more sensibly felt than by the
u government. Its revenues rise and fall
IN touch with the business of the people.
Inc receipts of the government SO far
IhlS month, are 50, 100000 less than last
month, and during the past three days
the falling off has been very heavy. At
the present rates the treasury receipts
A VIII not be over $27, ,000, 900 for the month,
instead of S35, 100000 as estimated.
n VOORHEES, BILL WELL RECEIVED.
n The bill introduced into the Senate by
Mr. voorhees,, of Indiana, and reported
IdEofa0ly by the finance committees, auth
oorlzmg national banks to issue currency to
4 Ihe par value of government bonds de-
posted by them to secure circulation, has
Deeh discussed very generally by national
ana private bankers of this city. The
measure is said to have staunch sup
h PorIerS IN nearly every banking house
mere 1t has been said by persons skilled
III nnance that the rise of 2 points in
4 governments the day after the commit
.ee favorable report on the bill was due
70 70 that favorable report. Almost any
1nIhg that promises more currency is
gfasped at eagerly.
To GUARANTEE DEPOSITS.
"A bill has been prepared and will prob
aoiy be introduced by Senator Hunter
providing that the government shall
guarantee the deposits in national banks.
& ~ VIII require every national bank to re-
Ptorl tf IN writing its true financial condi-
;ts StVu TO the Secretary of theTreasury, and
a I9Qnd by the secretaryto be in a solvent
s-''4' ACpUSlIS b06EbdlbCI lluu6 III
SH SSuyH oank In good faith in due course of
BUSINESS, by persons not officers of the bank,
4or tI stockholders, shall be guaranteed by
;nc United States to be paid to the depos-
aolS' e.oIS' or their lawful assigns, or transfer
81 5,, When drawn ON by draft or check,
Su Sus no person shall be allowed to over
do" Sa" ms account in any manner. To in
srnull s0n.ul The United States from loss, an
snIl5. snnua. TAX would be levied on all deposits
s5o9 S5IaI 10 one-tourth of one per cent. of all
81 Saon ueposlts, the tax to be paid to the
ofSCoIeiary Of the Treasury on the last day
& Of tScn tScn month of the year, on the deposits
QUARANTINE AND HYGIENE.
bmIsHen the Pan-American congress is
rooe. ,,~ III lhls city next month, one of its
s. Co..; CO.. III teresting features will be the pro-
MAJ nI,'sS OF the section on quarantine and
VI ter JIl me hygiene of which Surgeon Wal
VIC" " man Of this city is president. In
Veil, ol The prevalence of cholera and
den;" ieVer and the dread of an epi-
III r. li,rf ,rir oI these diseases, the general pub
h thau lu probably take a greater interest
AM, ,Ie ~ }uIscussions on these topics than in
bv oyuer subject that will be considered
eranYae yue congress. An extensive pro
ranga5 re Tor this section has been ar
Yer y7bu, although all the topics has not
Prem, assigned to physicians for the
C7Iafatlon CaI of papers.
N Rem, .-Ddlton, postmaster of the House of
bs ssgseht ses'eIh tatives, has not changed any of
OfbisI pl(oyes under him This retention
nen5,s5u uJoordinates 4 viii doubtless be com