Southwest-sentinel. [volume] (Silver City, N.M.) 1883-189?, 1893-11-14

Sherman admitted this when he
said that he feared very much that
after a little while, and after the
purchasing clause Of the act Of 1890
was suspended, people would find
that that act had not been the germ
and root of the evils under which
they had been suffering, and they
would look upon the senate as
having provided an inefficient
measure-a measure which would
not meet the exigency. Senator
German, representing the demo-
cratic side of the question, thought
it might, under existing circum-
stances, be the wisest thing to pass
the bill as it came from the COM
mittee, but he qualified his remark
by the prophecy; "That there is
to be further trouble with our fin
ancial affairs everybody who has
watched the operations Of the
Treasury must know" Even Sem
ators Voorhees,, who has charge of
the measure, was compelled as a
last resort TO beg for votes "to
clear the deck for action" 30 i'm
possible was it for him to deny the
merits of some of the amendments
offered and suggested or TO argue
against them. The situation as
developed Saturday shows a SER
ious misunderstanding somewhere
on the question of issuing bonds.
Mr.. German said:
We could have passed a bill re-
pealing the purchasing clause of
the Sherman law-and it is a mat
ter of no consequence whether it
took effect tomorrow or the next
could have strengthened
the Treasury, giving the Secretary
power to use 5000, 1000 of gold.
1t would have been a notice to the
world that this country, in that
matter as in all others, had the
power and the will to maintain our
honor and keep our finances at the
very highest possible level. 1 am
not here to violate a confidence;
but 1 can say, though, with pro-
priety, that there is scarcely one of
us who, in the very heat of this
controversy, has not been most an
xious to make a suggestion and
look to a better bill than the one
we have now.
To this somewhat startling con-
f%ession, because the public has been
led to believe democratic senators
would not vote for an issue of
bonds, Mr.. Sherman replied:
lam quite sure that if our friends
on the other side had made any
such proposition, as the senator
now mentions( authorizing the
coinage of what is called the seign-
forage, and providing also for the
maintenance of all forms of money
at par with each other, and back
of that the authority to sell $780,
100000 of bonds their proposition
would have been very agreeable to
this side. But l understood that
our friends on the other side de-
clined to agree to any proposition
which contained authority to issue
bonds. l think hat was the gem
eral understanding on this side.
Mr.. Germans answer certainly
indicates that the attitude of those
democrats who follow the lead of
the senator from Maryland was
misinterpreted by the republican
leaders, Mr.. Sherman. Mr.. Cor
man said:
would not, TO relieve myself or
for any other purpose in the world,
violate condolences or repeat con-
versations that have been made;
but l have the right to say that we
have been most unfortunate if we
were not understood as thinking
that a proper bill, and one provid-
ing for bonds, could be passed
without any trouble.
Here we find at the close of a de-
bate Of ten weeks, at the last mo-
ment, when a majority has been
forced into line by the power of
the executive, the most powerful
leader on both sides admitting that
without the issue of bonds the
passage of repeal will be abortive.
What a commentary on statesman
shipl Senator Sherman says un-
conditional repeal without the
issue of bonds will be abortive;
Senator German says it will not
our financial trouble, and SEN