New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-02

HOW CONGRESsNfEN TALK ABOUT r.
MOST or THOSE MENTIONED HERE FAVOR TIE
EXTRA sEssIoN-sOME DON'T
Boston. July 1 ,SpecaD.-Congressman Co,swell
| has been talked with at hi, home In Salem on the
Presidents proclamation. He says: 81 think the
Presidcn; was wise Ia calling Congress together In
an extraordinary session. 1t ought to have been
done long ago. There has been no business con-
fdence since the election last November, and the
sooner the new Administration and lis party forrpu-
late and put into effect Its policies the sooner the
! confidence VIII be restored. As thcr, seems TO be
! an agreement that the repeal OF the sherman act
will relieve our financial troubles 1t ought TO b.
tried
Congressman Morse Of Canton, says It is entirely
allacious to ascribe the present situation the Sher
act (so-callcd), and 1t Is also entirely false to
ascibe the Democratic opposition 70 that to
a zeal for sound finance, at the time when exactly
the true. The sherman net opposed
By the Democrats almost 20 q and denounced by
Bland IN the interest CT Wall street and
"gold bngs., Under this financial the country
propercd for two years never before and, the
Republicans returned to power to redeem their PROM
ise to repeal the act, II had served its purpose,
all would be well.
Concord, n. H., July 1 (SD,clfD.-Uritod states
Senator Gainger commends the OF the Presl-
dent in calling Congress together. this action. he
in all parts Of the country, ana viii tend to restore
confidence In the business world As,ed ato3t the
chances for the repeal OF the Sherman law, he said:
The great battle vii ccmc in tie nate. With the
slender majority possessed by the Demccrcts, II Is
difficult to how III repeating the he
carried through that body II the silver make
a determined fight. Her rules governing the Senate
all in favor of the minority. Under them a final
vote can be delayed for any length OF time, ard my
impression Is that the opponents OF repeal will ex-
haust every parliamentary right guaranteed them.
The only way that repeal could be consummated
quickly would be TO change the rules but they have
been In force for so long time almost from the
foundation Of the Government, that / do not think
a movement looking to that end would find much
favor, especially with the minority, whose rights are
fully protected by them"
General Henry NJ. Baker, representative In Congress
from I'D New-IIampshIre District says: Il am
very glad that the President has called special
session Of Congress. think that the fact Of one
having been called will have beneficial effect upon
the country and help, - a measure at least, to
restore confidence In financial circles II Is early now
TO predict what Congress will do, but am confident
that the House Will repeal the Sherman bill, and that
the Republican members I'm that branch will vote
practically solid for It's repeal. On this question
think the Senate Is In doubt for 1t Is quite likely that
the Republican Senator's from the silver states win
Oppose repeal. 1t is difficult forecast what
the outcome Of the special session will be-
Washington. July 1.-Congressman NcMilln. OF
Tennessee, said that the President had taken the
surest and promptest way OF the difficulty. and
he expected good results 10 from the session.
Early action would restore confidence throughout the
country and settle the present turbd elements. Con-
gross wouli, he thought, reach the problem In an
unbiased spirit, and doubtless frame law that
would meet the approval OF the Pr, sident and the
people
Representative II. G. Davey. a member from
\ ,,tcfan nAoAt onfiap Of iant
and thought he spoke for his own state and the
Louisiana delegation which will vote Tor the repeal
Ct the sherman law. :" II Is law that has brought
the country into perous Position" said Mr.. Davey.
ana Its repeal will be good radiance OF bad rub
blsh.'
senator Gerry OF Delaware, thought that the lesson
Of bad 6nince had not been thoroughly learned by
The country and the special meeting OF Congress
would tend more to breed confidence In the silver
men than anything else. The time between March
and the first Monday in December none too
ong to enable the people tO have the knowledge
borne In them that the country. the passage Of
the sherman law had suffered from crminally faulty
leg station OF financial character. He thought that
Congress Lad met IN regular session the members
would have had clearer understanding OF what was
leeded. and might do better work so far statutory
equation OF the cointry's currency WAS concerned.
Representative O'Ferrdl. OF Virginia, said that
ny public action Of President Cleveland should be
ndOrsed. lie tommends the stand he has taken and
links The sherman law win he repealed.
epeai OF the sherman act, ana with that out OF the
way, the passage OF sensible and broad gauged
tatute." lie would oppose Tree coinage because 1t
ould inevitably react the producing classes OF
be country.
Representative Tucker. OF Virginia, In favor Of
epe ling the Sherman law, but bsiievet that act
onewhat similar TO the Bland-.i Allison act should be
he initial step toward reform.
Representative Alexander, OF North Carolina,
Brought aoa ali and The
~, he said, could have been repealed last session
compromise measure could have been Agreed
pom lie wanted 10 relieve the agricultural dis
lets from depreciation In land values and thought
lat repeal OF the tax on State banks would go lar
)wnrd helping the South.
Representative Grady, OF North Carolina, agreed
Atm his colleague ana also contenied that II Con-
ress should dem0ne1ze silver I'll, states had the
ght under the Constitution to remonetize it. and
c predicted that this would happen.
Richmond, Va, July l.-An the leading bankcSs
this city are practically unanimous In the opinion
lat the action OF Mr.. Cleveland will Restore con-
icnce.
Congressman Il. ID. Wise surprised when told
lat Congress would meet soon. He did not
INK IL would be convened before september. Mr.
se is heartily In favor OF iep,alng the sherman Law