New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-02
CARLISLE on THE RIGHT SIDE.

Senator Carlisle declares emphaticay for abb
! solute repeal of the silver-purchase law with
| out any revival Of silver coinage In his state
ment to "The New-York Hcrald' he says: "
believe the country has had all the silver it can
stand or consume at present" He believes
that Democratic Senators will shortly get
together and agree upon some action, 80 that
before the Senate adjourns the purchase of
silver will either be abolished or suspended.
The importance of this declaration is not mainly
due TO the report that Mr. Carlisle has been
asked to serve as Secretary of the Treasury by
Mr.. Cleveland That might not increase, and
might even decrease. his influence with Demo-
cratic associates. But for the rest OF the session
| he will be a member of the Senate and he is
| dcscrvedy one of the most influential on the
| Democratic side, especially in regard to such
questions. Presumably he vii! be able TO
speak. as to silver legislation, with definite
knowledge of the wishes of Mr.. Cleveland.
It is an interesting fact that Mr. Carlisle in
the Senate and Mr.. Bourke Cochran in the
House are Of one mind on this matter. Mr..
Cochran declares emphatically for repeal OF the
silver-purchaso act, without any provision for
silver coinage. As he has been shining light
of Tammany Hail. and Ivy no means wor-
shipper Of the President eject, his position in
accord with Senator Hi from this State and
Senator Carlisle from tie West indicates a
strong concentration OF influence. If the Cleve-
lsnd and Hill factions. though agreed upon moth
ing else are united in trying TO get the silver
question out Of the way before the present
session ends, there is some reason to hope for
satisfactory result.
On the Republican side Senator Sherman has
already made known his position. and the bill
offered by him is in the hands of the
Finance Committee. The Republicans who
consented to the silver-purchasc act only as the
best compromise attainablc in order to arrest
silver coinage, will probably not be slow to
support Mr. Sherman's efforts. Senator Ali
son, who has returned from the Brussels con-
ference will doubtless be able 70 testify that
tho hope of free coinage or continued purchases
of silver by this country was the one inSuporable
obstacle TO any international agreement there,
and there seems little chance Of an improvement
in the disposition Of foreign Powers SO long
as the United States consents to take all tho
risks and burdens upon its own shoulders.
These different elements in the Senate, when
united in support of a definite policy. on almost
any nucStI'I NOhEu NcuiHIdIH % iihJ'ii.' '"'
the Western and Southern opposition to what
ever is considered n Wall Street policy and
the prejudice against anything that looks like
restriction OF the note circulation, will make
strong opposition in the Senate, whore the small
mining States have cqUai representation with
Ncw-Yosl; or Pennsylvania. and perhaps also in
the House, whore the Democratic majority is
enormous 1t is already evident that union
Of all the conservative and sound money forces
in both houSrs will Doe necessary 10 acc 'mpli,h
anything At this Session The people who cry
for free silver. bat actually want deprecated
paper. not only have many votes, but the riloS
in both house, give them much opportunity to
block legislation by flibu,tcsinc.
Only nine weeks OF the session remain. and
there i, danger that some time will be wasted
in getting ready TO act. promptnc,S Of action
as well as unity of action will be needed. if the
forces OF prejudice and ignorance are 10 be
overcome before the session ends. But il would
be grand Now Years gift TO the people. and
ono of inoaculahlc value, if the vast iul at
tempt 10 control the worlds markets for silver
by United States legislation alone could be
stopped at once. That attempt ha, continued
long enough 10 prove that il does not support
the price Of silver but does array other com
IN rcial nations in hostility 10 any proposal for
international bimctallism