The Providence news. (Providence [R.I.]) 1891-1906, 1893-09-08
The Props Upon Which SilVeriteS De-
pend Are Weak.
ARE RUMoRS OF A COMPROMISE
That Secretary Carlisle Is Not To Suggest
Any Financial Legislation = That
Task VIII Doubtless BE Left TO
Factotum Dan Lamont.

WASHINGTON, Sept s--Senator voor.
hees. who Is managing the administration
forces In the senate. said: II do not think
the silverites will hold out longer than
two weeks more. BY that time they will
have exhausted their speeches and will
have no grounds justifying them In pro-
tracing the debate any longer"
IL has been ascertained that not more
than eight or nine silver senators on the
: Republican side manifest disposition to
resist the efforts to get vote after the
speeches are through. The other Republi-
can senators who are opposed to repeal are
also opposed to delay. The sentiment is
growing every day in the senate that the
majority should rule.
III the Democratic silver senator's take
the same stand and refuse to join the sill
yer state senators la the obstructive tac-
tics, the small group of silverites will have
very little ground upon which to stand.
This Democratic wing has not yet defined
fits position on this question, but 1t Is be-
lieved by the friends of the administration
that IL will allow a vote TO be taken when
the subject shall have been fully ex-
hausted.
Senator Cockrell, who has been maui
Testing refractory spirit, said that he did
not intend to be fractious but would do
everything In his power TO defeat the bill.
He does not like the idea that Republic
like sherman, Allison, Aldrich. Hoar and
others should be allowed to go forward as
leaders in controversy which belongs ex-
clusively to the Democratic party.
Compromise Rumors.
Rumors OF an impending and indispens-
able compromise on the bill to repeal the
purchasing clause Of the Sherman act
were current in the lobbes and on the
floor of the senate. The speech made by
Mr.. Walthall Dem., Miss.). to whom Mr.
Stewart had yielded the floor in a spirit Of
accommodation. may have been an indica-
tion of the character and direction Of such
compromise.
He declared himself willing to cooper
ate with the chairman of the finance COM
mittee In having speedy action on the
billion condition that the bi-metallic pol
icy in Mr.. Voorhees, substitute be clothed
in the forms and given the force of law
He could see no reason why that should
not be DONE and If it were done the bill
could be passed In half the time that it
would otherwise take.
Mr. Stewards courtesy to the senator
from Mississippi was appreciated. After
senator resumed the floor, and discoursed
ON silver up to AIS, when he announced
thst, although there were several other
branches Of the subject which he had de-
sired to discuss he would close his speech
then.
The spirit Of compromise was prevalent
in the senate yesterday and was evinced
In several instances. Ia the rirst place, no
obstacle was interposed In the way of TAX
ing up the repeal bill an hour and half
before the time when II should come mp
~ the unfinished business. Then Mr..
Morgan Dem., Ala.) intimated that after
some conference with the chairman of the
finance committee he would not make a
motion, which he had intended to make,
TO take up his resolution for the appoint
ment of q joint select committee on
finance.
The most significant incident Of the
days session took place at the close when
Mr.. Daniel (Dem., Val, having given no.
tice that he would address the senate next
Thursday, Mr.. Platt (Dem., Comm sug-
gested an earlier day, as senator's hoped to
have vote on the bill before Thursday.
Relief Measures.
1t has frequently been suggested to Sec
retary Carlisle by friends of the admins
tration In congress and by leading finan-
ciers in the east and west that the silver
bullion now In the treasury should be
coined. and that the secretary use the
seigniorage of about $50, 900, 600 to relieve
the treasury from the existing stringency.
The secretary said yesterday that he has
no intention whatever Of recommending
any legislation on coinage, currency, bank
ing or any other subject until the pending
question OF silver purchases In the senate
has been disposed of.
1.-THE idea," he said, "of commencing the
coinage of the bullion In the treasury
while the purchases of silver bullion are
still 4, ,500, 900 ounces q month would be the
height Of folly. i do not propose TO do
anything of the kind. When the senate
has disposed Of the pending question. 1
will then be prepared to consider what the
next step shall be" 1T has been decided"
be said, '.after full conference of the
friends Of the administration In the senate
and house, not to make any move In either
body, or financial legislation Of any charac-
ter, until silver purchases are stopped"
There has been strong disposition on
the part Of several members Of the bank
ing aud currency com mittee In the house,
and In the finance committee in the SEN
ate. to 20 ahead at once with other relief
measures. There are many propositions
before both committees, but Ia Difference
60 the wishes Of the president and Secre-
tary Carlisle they have been postponed,
and Will await Developments in the
senate.