Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-11

WASHINGTON. Aug. 1o-slowly but
surely tho lines of battle are being drawn
ON the financial question and before
another day passes the country will
probably bo acquainted with tho full
plan OF procedure mnumernblc confer
encss have been held the past three days,
between self constituted committees aud
many were fruitlcss, but out OF the
wranglc a plan has been finally evolved
today which will likely win the approval
OF majority OF an clements, The great
question has been not what action should
be taken on the financial question, but
when That action Is to be lakon, aud
when the country may expect relief from
the present suspense. Tonight all lndi'
cations point to II drawn battle On the
floor of the house without reference to
the question TO the committee ON coinage
weights and measures. Bland, who Will
probably he chairman of that committee,
will rcndily acquiescc In the program TO
light the battle out On the floor Of the
house Ia committee Of the whole aud
In this arrangement the ant-silycr mon
OF course readily agree.
The two bills ON which Is TO turn all
The discussion on the financial question
werc today fully prepared aud are ready
for presentation Tho Que lrawn by
the anti silver incn II brief aud to the
point. II lerscly provides for the un-
conditional repeal of no much OF the act
Of July IL. 1880, "a directs The monthly
purchase Of 4,5O0,OO0 ounces of silver
bullion, aud the issuing treasury notes
thereon.
The measures drawn by the free coin
age people are longer, aud are unique In
being drawn IN manner which viii de
ycop the greatest possible strength OF
the free coinage element on the iloor Of
the house. The hrst portion OF thr bill
provides that all holders Of 500 or more
OF silver bullion, II standard weight,
shall be entitled 10 have the same coined
into silver dollars at TIE niihts Ot ihe
| limited States Tile dollars 50 coined
nre 10 be legal tender for all debts, dues,
mud demands, both public aud private,
and nny holder Of silver dollars may at
Ma discretion deposit the same III the
United States treasury and receive ~
yer certificates for the SHINE. ~ 10 mo
number OF grains 81 silver 70 Nc a S2n, i.iu
I al
Srhe silver dollar provided for ~ thls
act shail consist Of -T~- grains OF stan
dard silver" thus leaving me Inlu W
lInnk 10 DO determined on the noor OF
The closing section OF the pm pro
,idea briefly for the repeal OF me Shef-
NAN nnrshasing clause thus making free
eoinnee Of silver al revised rhiig 70
l.. determined by congress condition
precedent 10 the repeal Of the purchasing
moi. The bill drawn by the Tree coinage
men Il regarded by its opponents Ms
well Az by its friends, as The. slrongepi
measure that could be possibly pre-
scented by the silver men. IL forces ne
disrta,inn first on the question OF wheth-
or a majority Of the house IL in favor Of
the principle OF blmeinllism, rms being
determined II calls FOR IN. Judgment OF
the house On the ratio that should DC
established. thus rendering q conpro'
misc by practically abandoning w
hme.hoiior,d ratls 81 10 10 j. In III,
| way the silver men nllege no excuse WI
| H. given the falicring free coinage men
fnr The abandonment Of their principles
and every bimcialllst will have p meet
! she issue fairly or 90 home 70 bis con
: sfituents rs false 10. free coinage.
/ IN lilo opponents of FIRE coinage have
the numerical strength 'Jey can OF cours,
successiyely strike ? g every sepuoh y
d me Iii relating 10 free cQinnge, and
Q leave onlv fhe last section which DrOvidei
+ w III 81" immeiiate repeal Of tho Sherman
= n,',,dasinr clause. Tho great question
l,iii 10 be determined is. which Of The
saa MIS- TO be introduced II to .hny'
,-ioritv Of consideration In the house
irhe numerous conferences had between
tha free coinage aud the anti.hlyer mel
, have been for the purpose of arriving d
An INCREMENT AZ 10 the order Of consld
T. GRAFTON IN tho house. To facilitate th,
n Is proposed that In the absence p
rnier me house adopt q special ril
which shall govern confederation Of Nv