The Providence news. (Providence [R.I.]) 1891-1906, 1893-08-16
N|I QUITE 50 BRIGHT.
Unconditional Repeal appears to Hnt
With DlsiaYor.
PRESENT BALANCE OF POWER
- the senate Committee u In voorhsss'
Hands. and n Cannot BE Predtefed
what Action IL wilI Take on Repeal.


WAsHrNGroN, Aug. 16.-The house yes
tsrday showed very slim attendance and
3 growing indifference to the important
ousstiop which Is now engaging the atten-
Hon of mat body. The belief IL now very
general that there Il no prospect whatever
ofthe repeal of the silver purchase act. with
ont compromise. receiving the concurrent
ectien of the two houseA II measure
should get through the house 1t will be
radically amended In the senate.
Whether . committee of conference
could agree upon q measure which would
Feceivs the approval Of the president is
regarded ~ extremely doubtful by the
most sagacious Of both houses. The Dem
ocratio managers are now turning their
attention to some other legislation which
viii meet the necessities Of the situation
and approval of the president and people.
The senate Finance Committee.
The committee on finance of the senate
had meeting yesterday at which for an
hour and half the silver question In its
various phases was discussed. The only
result Of the meeting was that authoriz-
ing Mr.. voorhees, to favorably report the
bill inWeasing the circulating notes of
national banks to the par value of the
bonds deposited. In the committee room
there was some very persistent opposition
20 the reporting Of this measure by Messrs.
Jones Of Arkansas and Harris Of Tennes-
ga
Tho discussion only tended to show that
the finance committee was as far removed
- ever frdm common ground on the Ques-
tion Of the financial situation and the re-
peal Of the purchasing clause Of the 6her-
man law In particular. II was decided that
with the long time between the meetings
Of tho committee the members could never
como 10 definite understanding, and it
was agreed that the committee should,
thsssfor4 beginning with Thursday next,
hold daily ssaSionA
No signs Of Yielding.
The mcmbsrs of the committee are as
firm and unyielding as the day they first
met The anti-silver men on the commit
tss are Sherman, Mcpherson. Morrill,, Al
lison and Aldrich. The silver men are
Senators Harris, Vance, Vest, Jones Of
Arkansss and Jones OF Nevada, with Mr.
VOORHEES,. O. chairman, holdingithe balance
Of power. Haw he win vote may decide
the action o{ths com nittee.
He has said that be is IN favor Of the re-
peal Of tho Sherman law, either with con-
fitions or WITHOUT that he viii vote for 1t
without condition. but by so doing does
not give DIP his allegiance to silver rs
money metal He has said that the vote
on tho repeal will not indicate the stand
Ing Of the senate on the question Of BIZ
metallism at all, and for that reason is
willing to 60 ON record In that way.
On the other hand, should the ultra
silver men agree upon some measure not
too radical In its character, 1t is said that
possibly Mr.. Voorhees, might 90 with
them. So far the committee Is divided on
che lines that show the extremes of the
proposition. The silver men insist that
they will submit to nothing but free coin
ago at the present ratio, and tho other
aide. with equal emphasis, assert that the
only thing they will endorse will be the
unconditional repeal OF the purchasing
n1ausa