Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-08-18
ACTION AT LAST.
The Vest Bill.


Mr.. Harris proposition being disposed 81.
Mr.. Vest came TO the front with the ulfi-
matum OF the silver men. and the five votes
rallied TO his support, but went down IN
tne lace OF superior numbers Mr.. Vests
proposition was the bill he had previously
introduced In the Senate to fix the number
OF grains of gold and silver In the gold ard
silver coins OF the United States.
on Inns Oh provlaes that each dollar shall
grains of standard silver: that coins hith-
erto minted, as well treasury notes is-
sued under the act Of July IL. 1880, shan
be Withdrawn from circulation and e.
changed, and that after the expiration ~
two years they shall cease TO be legal ten
der. The final section repeats the purchsa-
inr clause of the sherman act
This Is bill that establishes the frss
coinage OF silver at the proposed ratio a
% 70 !, and is the only compromise 20 which
even that compromise is rejected by ultra
silverites OF the silver producing states
AFTER its defeat Mr.. Vest said he would
offer the bin as a substitute in the Senate
Quently did.
There has been some quiet talk among
the anti-silver men of the COMMITTEES as
70 the chance for a vote and final action ca
the BILL and 1t is ascertained that while
the House they appear by no means no
sanguine OF the Senate. There seems &c
be feeling that the bill OF Mr.. Vest es-
tanlishing free coinage at the ratio of 20 20
i may possibly be successful. In that event
even they look for the final triumph Of The
administration measure
Straight Repeal Bill.
The two bills would then go to conference
ana In that stage of the proceedings the
Senate could. without sacrificing the dig
nifty which IL SO zealously guards receds
from Its position and adopt the bill OF the
House IL is believed that members fav-
orabls to free coinage. having by that time
put themselves on record. would be willing
TO vote 10 recede. and the straight repeal
bill would go to the President for his sie~
nature.
The Voorhees, Bill.
The full text OF the bill 10 a. follows.
emitting the enacting clause:
That SO much OF the act approved July
IA. 1890. entitled IAN act directing the purs
chase Of silver bullion and issue OF treasury
notes thereon, and for other purposes" az
directs the Secretary of the Treasury to
purchase from time TO time silver bullion
TO the aggregate amount OF four million
nve hundred thousand ounces. or so much
thereof as may be offered each month az
the market price thereof, not exceeding
u for three hundred and seventy one and
htty-five one-hundredths grains OF pure
silver and to issue in payment for such
purchases treasury notes of the United
states. be and the same is hereby repea led.
AND IL Is hereby declared 20 be the policy
or the United States 70 continue the use a
both gold and silver as standard money
and to coin both gold and silver into money
INTO equal interest and exchangeable value
Such equity to be secured through inter
national agreement or by such safeguards
or legislation as will insure the rnaintens
ance or the parity in value of the coins OF
the TWO metals. and the equal power OF
every dollar at ell times in the markets
ana In the payment Of debts And q 70
hereby further declared that the EFFORTS 81
the government should be steadily directed
TO the establishment OF such a safe system
OF oimetallism as Will maintain at all times
the equal power of every dollar coined OF
issued by the United States In the markets
and In the payment OF debts