The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-10-14
Conferences During the Day.

WASHINGTON, Oct 13.-The Democratic
leaders spent nearly all day and night in
conferences on compromise propositions.
The President remains firm for uncondi-
tional repeal, and, Mr.. Voorhees, says. will
hold out to the end. The failure Of the
thirty-eigh session, that broke up
early this morning, however, without &C
copplishing a single result beyond a dem
stration to the country that the silver
men were capable Of staving off a vote
on the Voorhees, bill indefinitely.
dampened the enthusiasm of the weary and
broken repeal Senators, and they returned
to the fight disheartened and discouraged.
Meantime the efforts of the compromisers
to find a common ground goes on. The ba-
sis seems to be the Harris and Vest amend
ments, but there is a wide difference of
opinion as to whether bond provision
should or should not be added If the
President continues to reject all PROPOSE
tions looking to a compromise, nothing is
left but an adjournment Of Congress. I'M
less the leaders should decide TO go ahead
and pass a compromise measure. and send
it to the White House and place the re-
sponsibllity of vetoing or signing it at Mr..
Cleveland's door
The room of the Senate committee on APP
Of the conferences which have taken place.
and Senator Cockrell, the chairman of the
committee on appropriations, has rapidly
come to the front as the moving spirit in
securing compromise. He has not. in this
work, had the active cooperation Of
Messrs. German, Harris, Vest and Fanlll-
ner. Their object has been to find means OF
settling the question so as to preserve
the autonomy ofs the Democratic party.
and to grant such recognition to silver as
money as may be possible. They have had
before them all the amendments so far
offered, and have been getting up a patch
work. which, when il is turned out, viii
prove to have some of the features OF all,
with possibly some of those Of the present
law 1t will. In all probability, provide for
the coinage of the seigniorage or
silver now in the treasury, for
the continued purchase and coinage
of silver at the rate of from two to
S3,OOO,CO0 per month for a specific time, and
for the retirement of all paper currency
except silver certificates and of all gold
coins of smaller denomination than $40. All
that is being done is done by the Demo-
cratic Senator's. 1t seems probable that the
measure will encounter the opposition of
the solid Republican party in the Senate.
The silver Republicans will make vigorous
objection to any limitations Of the time OF
purchase to a period within the term Of
Mr.. Cleveland, but will probably not fill
buster to prevent action as their efforts
would be futile. There have been attempts
on the part of some Senator'S to have the
bank tax removed, and on the part of
some others to have provision for the is
suance Of bonds included in the proposed
substitute, but at last advfces neither
proposition was agreed upon.
The President has not yet given his con-
sent to any compromise. The leaders Of
the repeal forces still say for publication
that they will not be party to a compro-
mise but they nevertheless partici-
pating in the effort to arrange one.