The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-08-28
The Wilson Bill win Carry by
Sixty Majority.
AL AMENDMENTS Will FAIL.
The Senate win Probably Pass the
Voorhees, Repeal Bill.
Msrs Favor 20 . Rattle raaa 10 10 I
-The Next step Of the Free Coinage
sfen-sprs.ser rAisks wiideas Bank
ing Has No Chance.


WASHINGTON Crrr. Aug. 27-Ths finan-
cial debate is closed and the line Of hattie
is now being sharply drawn for the deci-
sive contest that taxes place in the house
tomorrow. The leaders Of both siaes have
exerted every effort 70 have their men all
here, and it isexpeeted the first roll call
will find almost every member Of the
house present am voting. The result Of
the successive roltealls tomorrow Is no
longer matter Of doubt 70 any one famil-
lar with the situation. The free coinage
bill to be offered BY Bland ~ substitute
for the repeating bill Of Wilson will be de-
feated. An extra yofe Is certain, az the
fealty of certain members 20 the measure
depends much on the ratio that receives
the largest support in the house. There
seems TO be no doubt that instead Of the
highest ratio, 20 to 1. being the most pop
uiar, the old ratio, rs 70 I. will receive the
greatest vote and viii be the only one se-
riously considered. bur whatever may be
the result Of the vote on separate ratios
the Bland bill viii be rejected as substi-
tute for the Wilson bill. and the majority
for rejection will not be less than forty.
After the rejection Of the Bland bill. and
when the question has resolved itself TO
the simple one OF repeal Of the purchasing
act of the Sherman law, the Wilson bill
viii by passed by majority Of not less
than sixty.
Immediately after the passage OF the
Wilson bill il will be reported to the SEN
ate, and, If the usual course IL pursued.
will be referred to the committee on finance
ofthat body. II 10 expected tbs policy of
the senate will be TO let the bill siumber
there while all ths efforts Of the upper
chamber are directed TO securing adoption
Of the repeating bill now pending in that
body. The reason for this 10 that the re-
pealing bill reported by the senate COM
mittee ON finance II believed to be supe-
rior to the house bill because Il contains q
declaration, originated by Senator Hill,
pledging the governments to the policy Of
bi-metallism.
It Is quite certain that no bill can pass
the senate without : declaration endors-
ing the policy OF hi-mstallism, and IL no
declaration is explicitly msde in the Will
son oili the psogramms viii be 70 pass
the senate bill and send it to the houss for
the concurrencs Of the latter body. OF
course the effect Of this viii be to revive
the whole question In the house. but IL is
not thought any considesAble time will be
consumed by the house an passing upon
the question secnnd time -
Considerable spsfhfasson 10 bsing in-
duiged in 40 to the next step to be taken
in financial legislation after passage Of
the bill repeating the sherman Law. The
committee on coinage. under the leader
ship of Chairman Bland, will, il is ex-
toA a aasx - 2.,~
time. and Chairman Springer's committee
on banking and currency is expected to
present several relief measures to the
house. Congressman MeCrcary OF KEN
lucky. one of the delegates on the part of
the United States to the recent interna-
tional monetary conference at Brussels,
has prepared JOINT resolution for intro
duction in the house next week. The
resolution provides for the appointment
of a commission of three Democratic sen.
ators and an equal number of Repub-
licans, with three experts to be selected
by the president, who shall inquire into
the whole financial question in its broad
est phases, mot as TO bi-metaliisrn alone.
but also as to Reorganization of the bank
ing system. Means of promoting inter-
national bi-metailism win also be q sub
ject for the commission to consider. 1t is
provided that the report of the commits
sion shall he presented to the senate and
house not later than January l, 1894.
With reference to report that the COM
mittee on banking and currency may take
up the question of repeating the 10 per
cent. tax on the circulation OF state banks.
Chairman Springer is quoted as saying:
'sI do not believe the committee will re-
port bill in favor OF repeal OF the tax OF,
state banks. do not believe in going
back TO the days Of the old state banking
system. / favor stable currency rood
alike in all states. Any other currency is
an obstruction TO business, and shall op-
pose it."