The Olneyville tribune. (Providence, R.I.) 1893-189?, 1893-09-23
TALK OF COMPROMISE
Harmless Gossip About Posi-.
bic Silver Legislation.
FIGURING WITHOUT cLeveLANc
sides-what Night Sessions Of the Senate
and Consequent Physical Exhaustion
May bring Forth.

WASHINGTON. Sep. 90 here l., y
marked increase in the number and ,ariety
of the rumors indicating a compromise on
the silver question. According To one OF
these stories the Secretary of the Treasury
is To appear before the Committee ON FL
nance this week for consultation on the
subject, but various members OF that COM
mittee deny the truth of the statement,
while others assert that they have never
heard il meDt oned either on the floor OF
the Senate or in committee. Senator Nc
Iherson permits the use OF his name in
denying that such a proposition has been
advanced Still, the fact remains, that q
great deal il being said looking in that d.
rection. The compromise. IL there is 10 be
one. upon which il il thought the offer
would he made would consist OF concessions
not only by the eastern, but by the silver
rnen. The latest proposition discussed IL
one that directs the coinage OF the seign-
orage now in the treasury and the pur-
chase and coinage of further amount Of
silver to about the aggregate provided for
| in the Faulkner amendment. the silver 10
be coined TO its full coinage value, thereby
preventing the storage OF any more segn-
orage. This would appeal to two classes.
those who want the the purchases contin'
ued and these who believe that what the
country needs IS an enlarged currency, and
advocate the coinage OF the seignoraye
rather than the purchase Of more metal.
This would he n concession OF the east
ern men, but il such concession Is made
by them they will insist that il be coupled
with a concession on the part Of the west
ern men that will incorporate in the law
| the authority given TO the secretary OF the
treasury To issue bonds and buy gold when
ever in his judgment it becomes necessary
to do so in order To maintain the parity be-
tween the two metals. Unless the silver
men agree to this it is said there can be
no compromise. 1t was upon such propo-
siton IA this, or one akin TO it, that il
was said the secretary OF the treasury was
| to he invited TO come before the commit
tee Secretary Carlisle was in the marble
room during the afternoon, but whether
his visit had anything to do with the
financial question is not known.
Those who favor the compromise out.
! lined state that il Is known that President
| Cleveland would veto it,, but that would
| be provided for. and after Mr.. Cleveland
| had stated his exceptions TO the bill IL
would, by the same combination that put
it through before, be pushed to n passage
over the veto. IL is very certain that
nothing has been said in committee indi-
eating any thought of compromise OH the
part OF the friends of the administration,
81 L.. Cab In tL.t
direction will be taken by members OF the
committee as senator's only.
The fact is that there appears to be an
| unusual amount OF lethargy about the
Finance committee. There seems To be no
| way for il to force a vote on the pending
bill and until that il out OF the way its
sessions are held a perfunctory perform
ance Of specific duty. The discussion
yesterday WAS Of the most desultory sort
and very little interest was manifested, it
being taken for granted that there was
| little need for talk until the Repeal bill
| had been voted upon, or at least, until the
| dawn of the breaking of the debate could
| he seen in the distance. The bill of Mr..
| Morgan for the establishment OF a Joint
| commission OF the two houses IL looked
| upon by the Finance committee as meas
| ure intended to usurp their own functions,
| and very naturally, the members Of that
COMMITTEES will hardly report favorably a
bill to legislate themselves out OF pr stige
and power. The Faulkner amendment
was talked about, but with no purpose in
view, because it is looked upon as com
promise pure and simple and until the
point Is reached wh,re compromises are in
order il will receive but the most casual
| discussion.
The whole situation NAV be summed up
by saying the committee Is playing watch
| ing game, and the action Of Mr.. Voorhees,
| on the floor later in the day was but
move intended TO force their opponents To
take the next step and indicate their pro-
gramme. The appearance OF things now
indicate that night sessions will be the
usual thing before the committee is willing
10 take up the faulkner or any other
amendment and discuss IL In serious way
as a possible solution OF the pending diff
Guilty Still, there are Senators who pro-
fess To believe that a compromise PROPOSE
tion will be crystallized before next week
Is over.
Race Troubles Follow LynohIng.