Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1893-08-25
NATIONAL CAPITAL.
CONGRESS CAREFULLY DISCUSS
ING THE FINANCIAL SITUATION.

IlN0 ! FllNF>iNSlNG 81 VI WV
The Committee Hard at Work.
Repeal FOregOne Conclusion.
but What Next.-The Bering
Sen Decision Regarded as About
$50 In Favor OF Great Britain
The President Misreprescnted.
From our Regular Correspondence
WASHINGTON, August l6, 1898.
Senator Voorhees, tumbled down a
good many imaginary structures when
he asked and obtained the consent Of
/ the Senate for the Finance Committee
to hold daily meetings while the SEN
ate is in session, in order to consider
and report financial bill. A number
OF industrious liars have been working
double time to create the impression
/ that Senator Voorhees, and the other
Democratic members of this commit
tee were purposely delaying the con-
sideration by the committee of finan-
cial bills that have been introduced
The facts speak for themselves and
need no comment.
The Senate is now considering the
bill favorably reported by the Finance
Committee and endorsed by Secretary
Carlisle, authorizing National banks
to issue currency to the full amount
OF bonds they have deposited to secure
the same. Senator COckrell has pro-
posed several amendments to the bill,
because Of his belief that the National
banks already enjoy too many privil-
eyes. But inasmuch as the countr,
is greatly in need of the additional
currency which would at once be put
in circulation were the bill law there
is little doubt that but it will be passed
without material amendment.
The House has another week OF sill
yer debate ahead of it before the vot-
ing begins. The unconditional repeal
men appear to grow more confident OF
the result, although they admit that if
the rumor which is current, that forty
or fifty of the Republicans have agreed
to vote with the silver men for the
amendment providing for the free
coinage Of silver at a ratio of 20 to /,
shall prove to be true they will be de-
feated and the amendment adopted.
That rumor, however, appears to have
a very slender foundation, as Represen-
tative Bland, the silver leader, saws he
knows nothing about any such ar
rangement and does not believe that
it exists, and ex-Speaker Reed says the
Republicans of the House, with less
than twenty exceptions, will vote for
unconditional repeal.
Members OF the administration we're
not surprised at the result of the
Boring Sea arbitration, hints of the
probable outcome having been received
in advance OF the decision. Nor are
they disappointed, as the United
States comes out of it quite as we'll
as they expected. The fact is that
the present administration has never
enthused over this particular arbitra.
ton, and had it not found the whole
business arranged for when it assumed
office3 something would have been
done in accordance with its own ideas.
The decision will, of course, be accept
ed by this government as final, and
advices from London bring the same
assurance from the British govern
ment, 80 that the long and trouble
some dispute may be considered as at
an end, and the advantages gained by
the arbitration as about six points in
favor Of Great Britain to four in favor
OF the United States. A Congressman
speaking of the matter said: at
seems to me that the rich seal ring
gets more out of the arbitration than
either the United States or Great
Britain, as the prohibition Of the use
of firearms in sealing gives that ring
a stronger hold than ever upon the
business. The only people who still
use the spear in sealing are the native
Alaskans who are in the employ Of the
seal ring, 30 you can see what the
prohibition of firearms means"
| Representative Grosvenor, of Ohio,
appears to be in q bad way. He
claimed in a speech made in the
House this week that President Cleve.
lands message to Congress was an ap.
peal to partisanship. Many things
have been said about the message, but
} so far Grosvenor is the only man who
has been able to see partisanship in it.
During the Harrison administration
GrosvenOr had to be sent to Europe
on government mission to keep him
. out of mischief, and it is a great pity
, that he cannot now be sent somewhere
to remain until the financial matter
is disposed of.
Senator Hill introduced this weel
: q bill for the repeal of the Fedora
election laws. 1t is short and to thu
Z point, and will in due time be passed.
It has been stated here this weel
r that President Cleveland was un
!. alterably opposed to any compromis'
and desired Congress to either uncon
ditionally repeal the purchasin,
T clause Of the Sherman law or to let j
}, alone. Your correspondent vainly en-
i deavored to find q Democratic Senate
;. or representative who had persona
. knowledge that such are Mr.. Cleve
+ lands sentiments. That he woul,
9 prefer unconditional repeal is certain
:. but that he would veto conditional re
!, peal do not believe. Dem.
9 A LEAP INTO ETERNITY.