The morning call., 1893-08-28
READY FOR FIGHT.
Forces MarsE1aIed for the
Fray.
SILVER'S FATE IN THE HOUSE
Senators White and Perkins Believe
the Unconditional Repeal Bill
VIII Pass.

WASHINGTON, Aug. 27.-The financial
debate Is closed and the line of battle is
now being sharply drawn for the decisive
contest that takes place in the House to-
morrow. Leaders on both sides have ex-
erted every effort to have their men all
here ard it is expected that the first roll
call will find almost every member of the
House present and voting.
&The result of successive rollcalls to-
morrow is no longer a matter OF doubt to
any one familiar with the situation. The
free-coinage bill to be offered by Bland as
q substitute for the repeating bill of Will
son will be defeated. The exact vote is
uncertain, as the fealty of certain mem
bers to the measure depends much on the
ratio that receives the largest support in
the House. There seems no doubt that
instead of the highest ratio of 20 to 1 be-
ing the most popular the old ratio of 16 to
! will receive the greatest vote and be the
only one seriously considered.
But whatever may be the result of the
vote on the separate ratios the Bland bill
will be rejected as a substitute for the
Wilson bill, and the majority for rejection
will not be less than forty. After the re-
lection Of the Bland bill and when the
question has resolved itself into the simple
one of the repeal of the purchasing act of
the Sherman law the Wilson bill will be
passed by a majority of not less than
sixty.
Immediately after the passage Of the
Wilson bill it will be reported to the SEN
ate, and If the usual course is pursued it
will be referred to the Committee on
Finance of that body, and the expected
policy Of the Senate will be TO let the bill
slumber there while all efforts in the
upper chamber will be directed to secuf-
ing the adoption of the repeating bill now
pending in that body. The reason why this
repeating bill reported by the Senate Com
mittee of Finance is believed to be superior
to the House bill is because it contains the
declaration originated by Senator Hill
pledgng the Government policy to BIZ
metallism. 1t is quite certain that no bill
can pass the Senate without a declaration
indorsing the policy of bime llsm, and as
no such declaration is explicitly made in
the Wilson bill the programme will be to
pass the Senate bill and send il to the
House for concurrence by the latter body.
Or course the effect of this will be to re-
Vlve-+4e whole question n the House, but
it4 mot thought any considerable time will
II consumed by the House in passing upon
W : uestion a second time.
\ Els predicted on all sides that the repeal
~ the silver bill will pass the House uncon-
dit.onally by a good majority. The an
nouncement of Senator Morgan that be
will vote for repeal is very encouraging to
the administration people.
Senators White and Perkins adhere to
their opinion that the unconditional repeal
bill will pass the Senate as well as the
House.
Considerable speculation is being in
dulged in as to the next step to be taken in
financial legislation after the passage of a
bill repeating the Sherman law The
Committee on Coinage. under the leader
ship of Chairman Bland, will, it is ex-
pected, report a free-coinage bill in due
time, and Chairman Sprlnger's Committee
on Banking and Currency is expected to
present several relief measures to the
House.
Congressman McCreary of Kentucky.
one Of the delegates OF the part of the
United States to the recent International
Monetary Conference at Brussels, has pre-
pared Joint resolution for introduction
in the House next week. The resolution
provides for the appointment of a comm!s-
sion Of three Senators and an equal num-
Der of Representatives, with three experts
to be selected by the President. who shall
inquire into the whole financial question
in its broadest phases, not as to bimetal-
lism alone. but also as to the reorganiza-
tiOn of the banking system. The means
OF promoting International bimetalls
will also be a subject for the commission to
consider. 1t is provided that the report of
the commission shall be made TO the Sem
ate and House not later than January /,
1894.