Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1893-08-30
BRIEF RESUME
Of the Silver Cslsat in The Heuse-Carlisls's
views.

WASHINGTON, Aug 29-After the read
| ing of the journal in the house Mr.. Weaver
| of New York appeared at the bar OF the
house and was sworn in BY the speaker.
/ The resolution contained in the order Of
procedure on the silver question was re-
ported by the clerk, providing for q vote
| first upon free coinage Of silver at the
present ratio of 10 to 1.
Representative Bailey of Texas asked IL.
| in the event Of all the amendments in
cIuded in the order being defeated. it
would be in order to propose an additional
/ amendment germane to the subject
Speaker Crisp replied that as at present
| advised he would answer no; that the
| order provides exhaustively all that the
house may consider, but that when the
| lime came to formally present the ques-
| ton the gentleman from Texas might be
| heard
Representative McMillin Of Tennessee
l desired to offer an amendment providing
| for the free coinage Of the product Of the
| silver mines of the United States, but Mr..
| Bland objected to even having it read,
saying that such proposition was not
free coinage at all.
How the Vote Stood.
The first vote on the bill for the repeal
| Of the silver purchasing clauses Of the
| Sherman law was taken shortly after Il
| O'Clock yesterday afternoon, the point being
| the first amendment, which calls for free
| coinage at a ratio Of 10 to i. 1t WAS de
feated by a majority Of 225 nays to 1913
yeas.
The vote on the second amendment,
which proposes ratio of II to !, was de-
| feated by vote of 240 to 100.
The vote on the lS to / ratio was still
| another bad defeat for the silver men,
| being 239 to l02 against its adoption.
There was majority Of 1872 against the
| 10 to proposition.
The vote on the 20 to proposition was
| nays 90, yeas 1l9.
The Wilson bill was then passed by a
] vote Of 240 to lo9
In one sense the voting in the house was
| uninteresting. When it was seen that the
| anti-silver men were In a strong majority
| upon the first vc<a taken the galleries re-
lapsed into theii Vuai buzz of converse
| ton and on the floor the victors and
| vanquished alike retired to the cloak
| rooms to fight the great battle over again
in a genial mood. The silver men felt
chagrined at their overwhelming defeat,
but they took their overthrow philosophi-
cally and found in their late opponents
men who were too generous to say any
thing ungracious.
viii Restore Public Confidence.
All the members Of the administration
| took the greatest interest in the votes on
the Wilson bill, Secretary Carlisle espe-
cialiy, in his Office in the treasury, where
the official announcement Of the several
votes were seen as soon as they were
flashed across the wires When the first
vote was received, which showed that
free coinage at the ratio Of IL to was
beaten by l02 majority. he said the ma
jority was greater than he had anticipated,
| and that he would have been satisfied
with 90 majority. At the conclusion Of all.
the votes, Secretary Carlisle stated to "
representative Of the American Press that
he was much gratified at the result and
felt that it would do much to restore pub
lie confidence.
He expressed the hope that the .snate
would take speedy action on the silver
question" In the course Of converse
tion, Secretary Carlisle was asked IL the
present stringency was due TO lack OF
money. He refused the idea, and among
other things said:
mo greater mistake could he commit
ted than to assume that the present finau-
eial embarrassment is caused by an actual
scarcity Of money In the country. The
fact is that the amount Of currency Of all
kinds in the country, outside OF the
United States treasury. on the 18th day of
the present month was t5s, 452. $50 greater
than the amount outstanding on the
first day of the month, and &c, ,2g4. .7s3
| more than the amount outstanding on the
first day of September. fs92, when business
was active and prosperous. There L.
money enough to transact all the leRiti-
mate business Of the people, but the diff
Guilty Is that 1t has been Withdrawn from
circulation aud boarded. The true remedy
is to restore confidence and credit, and
thus put the money now In the country
| In circulation again.