The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-07-02
SIZES AND SEVENS.
What Will be Done With:
..=....-= Silver :?
~. ...<. = =:
NONE so WISE AS TO TELL.
=: :. -: :: ~ -. ::
The Impression Prevalent That the
Senate Will Prove the More
Intractable Body. =
NONE SO. WISE AS TO TELL.

special to THE MORNING CALL


do?" AS a matter.of fact tnobody-can:t Il:
The House, which is. always: more alnlc-
able to the executive than the: Senate, Will
probably repea :the Sherman law, but: not
without fight: Bland and 9th er free
silver men Will exhausteyery privilege al
lowed tbenIunder the rules to delay*action,
and will. fllbuster; just as long as @they:are
permitted. But it. is virtually settled by
the Democrats that the rules o f. the next
: House viii partake somewhat of the
nature of. the. Reed rules. : FTlibustering
viii bereduced to the minimum Indeed,
itis 20 secret that the Democrats. of the
House intend TO follow very closely" upon
the Reed drules in some res poets: *.: s +. i ::
The House viii be organized in a hurry
under: the pressure from the President.
. Crisp will be reelected Speaker without
opposition. 8. !. Z: .... =.
He will arrange the committees expedi-
tiously, and meantime the Committee on
Rules, which will be appointed first. will
proceed to prepare a code of rules. There
will be certain provisions deliberately de-
signed to. prevent the friends of silver
from delaying the vote on the repeal of
the Sherman act. and at the south end of
the capitol, at least, the Presidents pro-
grsmme will be carried out. ~ =
T.. The opposition in the Senate will be
more effective. Senator'S Stewart and
Jones of Nevada, together with other siver
advocates, will make a deterI4ined fight.
They will oppose the repeal Of the Sher-
man law, unless legislation more Favorable
to silver be offered as substitute. That
wilfnot be conceded. =. -
:. The Republicans and Democrats who
demand. the repeal of the Sherman act will
insistupon It's unconditional repeal: s
=: :There will be no previous question in
the Senate; no way whatever of curtaling
the+debate except by fixing tile hour for a
final vote and then making it a question of
ply sical endurance. Senator Stewart is a
long and enduring talker himself, and he
could consumed week at least. r. =.
There is noway of changing the Senate
rules SO as to cut of debate. That would
not be tolerated. 1t would be contrary to
established usages. -:
" The President himself has entertained
doubts as TO whether the majority OF the
Senate would vote to Tepealthe Sherman
act. Hels not yet entirely convinced that
a majority will promptly show up on that
side. -. 8. ~. ...-~
g. The opinion held by number of Con-.
gressmen on the extraordinary session is
that it. could not be lengthy and that
fnancial matters alone will engage its at
tention. : - - :.
&C. F Wheeler of Alabama said: ~ see
no. reason why the country should be bur
deDed by a long and tiresome session with
attendant debates ald set speeches. The
dov- hoca Iln3 <Io,1, l.
sonrof the gravity of the money Quest ton
and that alone e.-There are numerous men,
bets of Congress who believe it will be
wise for Congress as soon as it organizes
to. pass resolution giving the President
authority to susr end the purchase act or
deal with it as he may deem best. Com
gress could then adjnnrn at once. When
convened in regular session in nDecem ber
the financial condition could be dealt with
intelligently and with deliberation and in
the Light Of he result of the. four months
work under .policy the President might
undertne res IN inaugurate .:-.~.>
General a. q. -ner, president of the
Bimetallic League, to-day sent to The
members of the executive committee a
elegraphlcinquiry as to what date would
best suit them for. convention of the
league, and suggesting July % and the
place Chicago. All replies thus far re-
ceived have been favorable. and the mat
ter is left in General Warmers hands.
Although he has not fin nallydecided. he i
of the opinion that the convention will be
held at the time and place named. The
object of the gathering will be to>organize
so as TO influence Congress favorably in
3 1iaI oF oil =.
peaiof the Sherman law. If such repealis
i to be made without offering some kind of
substitute. '--"
= The public debt statement issued this
afternoon shows that there was a net de-
crease Of S1,216, 253 during the month OF
:: june, The'interest- bearing debt increased
So 900; the debt on which Interest has
: ceased since maturity decreased SOC, $50 ::
the: debt bearing no interest decreased
S224 162, and the cash, in the treasury in
CREASED 1897. 1856; The aggregate interest
ana; on-interest bearing debt June 80 was
S96l. 42l, ze6; May 81 it was 1851. 750, SS8.
.Certlnca tes and reasury notes offset by an
equal amount of cash in the treasury June
30, 1854, 55S,9 800 decrease %S9.97z097 Total
cash IN the treasury, S7450 004 COL; gold re-
serve, $50 485, ,413;.. net cash balance,
S26,976,S77. Int the month there was de-
crease of S8o63s177 in gold coin and bars,
the total at the close being S1SS, 455, 443
-" OF silver there was an increase of
S5,369. 905. OF the surplus there is in ma
tional bank repositories S12 0S2. .573. against
S11,049,142 at the end OF the previous
month. The receipts for the month of
June were $50. 983. 32l and the expendi-
lures S29. 266 45l. In May the rereipts
were 30.971A97 and the expenditures
$50, ,S72, ,502. Tie customs rereints de-
creased from S15,424,S53 to S14,964. $50.
while the revenue receipts increased from
S13.2l2, 103 TO $14.003. 1877. Payments for
pensions decreased from S14, ,26S, ,O20 to
S11, All, ,301
A statement prepared by the Comptroller
OF the Currency shows that the amount of
National Bank notes outstanding to-day is
Sl7G,6l4.535. an increase during the fiscal
year ended June 80 of S6.03S, ,897.
MERCHANTS FEEL RELIEF.
re