Omaha daily bee., 1893-08-28
WAITING FOR The BALLOT
Silver and Anti-silver Men Anxiously Look
Forward to Todays Vote.
FATE OF THE REPEAL BILL IN THE BALANCE
That It VIII Pass tho House There is
No Doubt-some OF the Peculiar
1 hases OF the Present Cur
rency Agitation.

WASHINGTON, Aug. 27.-Tho financial de-
bate is closed and the line OF battle Is now
being sharply drawn for the decisive contest
that will take place In the house Of repro
sentatives tomorrow. The leaders Of both
sides have exerted every effort to have their
men all here, and it is expected that the first
roll call will find almost every member Of
the house present and voting. There is ap-
parently no inclination on tho part of any of
the representatives TO dodge the issue, and
as most Of them have had an opportunity to
explain on the floor their reasons
for action, 1t is expected the
record will show full vote on
every proposition. The result Of
the successive roll calls of tomorrow is no
longer matter of doubt to any one familiar
with the situation. The free coinage bill to
be offered by Mr.. Bland as substitute for
the repeating bill of Nh. Wilson. will be de-
feated. The exact vote is uncertain, US the
fealty of certain members to the measure de-
pends much on the ratio that receives the
largest support in the house. 1t was the
impression two weeks ago that the largest
ratio to be voted upon-20 TO would be the
most popular, as the impression at that time
was general that n revision of the ratio of
coinage would be necessary if the FREQ coin
age men could hope for n victory in the
light OF the recent depression in silver.
Favor tho Ola Ratio.
This impression received n check week
ago, however, in the announcement of Jerry
Simpson that the populist members would
tolerate no departure from the existing ratio
and would leave the free coinage men in
event of n failure to adopt the old ratio of l6
TO l. This announcement at once had its
effect on the sentiment tlat had been con-
vnlp m n hu mod
ately dozen or more of the oldest free
coinage men announced that they would sup
port no ratio but that of 10 to L. Now there
seems to be no doubt that instead of the
highest ratio, 20 to |. being the most popular,
the old ratio of 16 to will receive the greatest
vote and be the only one seriously consld-
cred. But. whatever may be the result of
the vote on the separate ratios, the Bland
bill will be rejected as substitute for the
Wilson bill, and the majority for rejection
will not be less than forty. After the reIec-
.tion OF the Bland bill and after the question
has resolved itself into the simple one of the
repeal of the purchasing clause of the Sher-
man law. the Wilson bill will be passed by IL
majority of not less than sixty. These
figures are conservative, and will be borne
out by tomorrow's developments-lf, indeed,
the maiority for the Wilson bill be not larger
than the figures given.
When 1t Cots to the Senate.
Immediately after the passage of the Will
bUH Oil III Will DC FepOrteu 10 Tue senate, ana
If the usual course is pursued will be referred
TO the committee on finance of that body 1t
Is expected that the policy of the senate will
be to let the bill slumber there, while all the
efforts of the upper chamber are directed to
securing the adoption of the repeating bill
now pending in that body. The reason for
this is that the repeating bill reported by the
senate committee on finance is believed
to be superior to the house bill be-
cause it contains the declaration orig
mated by Senator Hill, pledging the
government to the policy of bimetalllsm
1T is quite certain no bill will pass the senate
without declaration endorsing the policy
of bimctallsm and as no such declaration is
explicitly made in the Wilson bill. the pro-
gram will be to pass the senate bill and send
II to the house for the concurrence of the
latter body. OF course the effect of this will
be to revive the whole question in the house,
but IL Is not thought any considerable time
Will be consumed by the house in passing
upon the question second time AS most of
the members have already had full oppor-
tunity to be heard and Will have placed
themselves upon record by their votes on
the several distinct propositions and ratios.
Indulsins In Speculation.
Already considerable speculation is being
indulged in to the next step to be taken in
s. financial legislation after the passage of the
bill repeating the Sherman law. The COM
mittee on coinage, under the leadership of
Chairman Bland. will it is expected, report
Springer's committee on banking ana cur
rency is expected to present several relief
measures to the house.
Congressman McCreary of Kentucky, one
OF the delegates on the part of the United
States to the recent international monetary
conference at Brussels, has prepared the
following joint resolution for introduction in
the house newt week:
Resolved, BY the senate and house OF repre-
BehtatlVes or the United states OF America, in
congress-. assembled, that commission is
hereby authorized and constituted TO consist
OF three senator's, TO be appointed by the presi-
dent OF the senate; three representatives, to
be appointed by the speaker of the house OF
representatives, and three exports. TO be So
lected by tho president OF the United States
with authority to determine the time and
place OF meeting and TO take evidence in
Washington or In any other city OF the United
States, before the whole committee or before
subcommittocs, and to enquire and report:
IA the relative value OF gold and silver, and
whether the change is due to the depreciation
OF the change, whether permanent or tempor-
aryi tho effect thereof upon finance, trade.
ests OF the country and upon the standard OF
value In this and other countries.
douSe ,hS poifSS Of nisd iaidPtanins the
and gold when coined.
Tkird-on the best means OF reorganzing
In commercial and financial circles and pro-
Fourth-The report OF the commission shall
be presented not later than the LIST day OF
January, 1894
McCreary ON His Resolution.
"This resolution" said Mr. McCreary to-
night, gives the commission authority to
inquire into the whole financial question in
Its broadest phases-not AS TO bimetallsm
alone, but also as TO the reorganization of
our banking system. The means of promot-
ing international bimetallism will also be a
subject tor the commission To consider
There can be no doubt but that the passage
OF the repeal bill will help TO open the way
for international bimetallsm on fixed
ratio among the great nations of the
world, which is the best remedy of
which ! have any knowledge for the
monetary evils from which all nations are
sunering. Great Britain, Germany and all
inc gold standard countries would be de-
hghted 10 see our country go To a silver basis
so they might add our gold 10 their stock
They are now watching with interest tho
congress Of the United States. There have
been three international monetary confer
ences held, two Of them by request of this
country and one by the request Of the United
States and France. The first was in 1878,
the second in 1881 and the last in 1892. The
nrst assembled In 1878 and there were but
twelve nations represented. When the sec
ond assembled, 1881, there were but thirteen
nations present. When the conference
was held last year twenty nations
were present, and all delegates were
their seats the very day the
meeting was called together What does