New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-08
WHAT SHALL THE HARVEST bE'
SILVER MEN FOR DELAY. ANTLSlLVEh MEN
FOR PROMPT ACTION.
ALL EYES TURNED TOWARD THE hu'a~
SPECULATION AS TO THE PRESIDENTS
MEsSAGE-EoCRKE COCHRAN sEEMo
TO BE LEANING THE ADMIN
IsTRATION FORCES.
InY TELEGRAPH TO THE TRIBUSE.J

IBY TELEGRAPH TO THE TRIBUNE.J
,,-as,i,rton Aug THE loaves and fishes nav
ing been distributed even the most selfish ca'eeI
and Indifferent member OF Congress can "o" <, o.,
himself the question. when shall the Tray oee".
"rhe sooner the better Is almost the uiia'','o"
voice of the advocates of the repeal OF the pu'aS.
clause of the Sherman act. Not until the uha''
boa becn thoroughly discussed and our people nave
had q chance to amend any proposition you ""s
bring forward" is the answer made by INC =.
coinage men. On the one hand the'eio''
the desire to act promptly; on the other the u'''
nosition to contest the ground inch by men, "o
matter at what cost. For the present 1t Is asreet
among those favoring repeal that the House must
take the initiative in any repeal legisatoh' lio' W
cause IL would be a violation OF precedent anu "au
ton for the Senate to start in upon uisc"9''o "
the financial situation Independently vi nv
House. but as a measure of precauton ana soo''
politics. on this point many Deniocra''o anu
Republican Senator's are of one opinion, il U" ho
other They admit, what everybody Oh cou'se
knows that the silver men are much s''o"e ~
the Senate than they are In the HOUSE, anu ,'"
the fate of a naked proposition 10 repea 'ie nv
man act is in the Senate uncertain 10 say TIC ~
In the House. on the contrary, a proposiuoh " re-
peal the Sherman act has "A much better chanoe VI
passinC and IL passed by a handsome MAJORITY e'c
effect of such vote upon the senate "ou "
obvious For this reason the present disposition
among the friends OF repeal In the senate 10 ~
await the action Of the House
Whether the silver men will permit them W w
this is quite another question. They can pre-
cipitate a discussion of course by the introduction
Of IL bill repeating the Sherman act ana pro''',is
for free coinage. This would AT once ope" ','o
food gates Of oratory, and no one VIII ,''e" w
able to foretcll the consequences. bnt cochs
as the silver men pretend to feel, they are not
ukcIv tn take the risks Of sortie but will prob
ably prefer to await the attack OF the enemy
behind the brcastworks Of existing statutes MT"
like sherman, Allison, Hawley ana "ashoui" i"S
great stress upon the importance OF prompt ac"""
The last one named of these. indeed thinks That II
action is not taken by Congress within the mex.
,no v,eeLs a series of failures and commercial
catastrophcs will be the result such as the country
Is not prepared for even now. the cohui'ioh vi
business in the West is such that relet must oe
afforded at once he says. Delay Will DC la'a'
discussion disastrous .
The repeal Of the Sherman law must DC nv
cited upou by Congress promptly. coupled WIN
no condition likely TO arouse suspicion u ~.
the further distrust OF the business coihhi"'''''
saws he III we start in upon uIScuSs'o" w
shsu he lost II we allow other countries to sus-
pect our sincerity we shall be worse OF IMAM pc-
,o,e v.a came together Repeal. and instant repeal
is the only thing that can save MS now Let 'oh-
cress repeal the Sherman act ana 'heh 20 nom
rha, is the best it could do to restore confluence
in the commercial world
otb.r Ecpublican senators share the views oil
Mr. Vashburn but they go still further and say
chat while the repeal OF the sherman law VIII 90
much to alleviate the present distress II VIII not
wholly restore confidence nor ally the dlsu"St
raised by the return to power - the Democratic
partv ana the certainty that the tariff VIII be re-
vised 10y unfricndly hands.
There is much speculation as to what the PreSi-
dents message may contain III the wa! OF -sus-
restons and recommendations, and until TINS Il
known few Democratic Senator'S or members OF the
.1s.as lnfg N
If they have any opinions OF their own They seem
All Of them, 10 await the signal from the white
House before committing themselves. Those VINO
are supposed to enjoy tnc eontdenee CT tho rh,"'
Executive agree In saying that the message o. 'ne
President viii be- moderate and conservative !"
tone whatever that may mean in the present IN
stanc, Even silver men who have received hihts
~ IA th. contents Of the message reported to
nave said so.
OF course the President recommends the repeal
and unconditional repeal. Of the sherman law but
say they. he recognizes that silver is one oil u'e
money metals OF the country which must DE
maintained and therefore h. points out and demon
sratcs by series of arguments that IN view oil the
present attitude Of the leading countries Of Europe
it is impossible for this country alone ana unaideh
to maintain the proper ratio between So' ana
silver. Coinage OF silver. therefore. under present
conditions except FOR subsidiary purposes IL ont
II the question lie thinks that European nations
by the suspension OF It's coinage IN this country
except for subsidiary purposes. bc more readily
brought to terms than In any other way In
other words. they viii be more likely 10 enter
into an International agreement II this country
raises, itself to the level they occupy than II IT
.or,irucs in the course where it will ultimately
become tho dumping ground Of the worlds silver
I'm conclusion. the President INDUCES IN few safe
patitudes. such that he Is I'm favor OF silver
on = parity with gold. and that he stands by the
CHICAGO platform OF 1872 but that that platform |
cannot bc carried out for the reason that ixed
parity cannot bc mantained-a conclusion which |
reminds ono forcihy of the oracular outpourinss |
Of one Jack Bunsby
4 good deal o. gossip is afOat regarding certain |
conferences said 10 have taken place between |
Rourke Cochran Of NcwYork, and Mr. Bynum. Of
Indiana the hand. representing the Pres |
dent and anti-sver element and Mcssrs. Bland |
of Missouri. and Culbcrson Of Texas. on the other
representing the free-coinage people. 1t is rumored
that the distinguished New-York orator has made
silver a special study for the last few months |
at the request OF no less parsonage than Mr. |
cleveland himself. That he has mastered the in
tricatc subject must be assumed for otherwise he |
would not appear on the floor of the House !
in the role of Mr.. Clevelands special silver cham
pion. without boasting OF the title OF my commits !
sioncr.' or claiming to be- invested with paramount
authority" h. called upon Messrs Bland and !
Culberson yesterday and informed those two states
that far he and the friends of repeal !
wcre concerned. they were willing to begin the
discussion of the silver question now, at any
rate the second day of the session, |. O.. to-
morrow. Tuesday. waving the formality of ref
erencc to committee and all other parliamentary
hindrances.
Messrs Bland and Culberson whose policy is to
waste time. or. what is the Them gain
II. and who. moreover. suffer under the hallu-
cinaton that the Speaker may appoint COM
mittee composed OF majority favorable to them
and their cause, promptly declined Mr.. Cockran's
offer. maintaining that the only way in which
they could get their Views properly before the
country by means of a committee report"
Mr.. Cochran again urged the necessity for
prompt action. expressing his readiness and that
of his friends to jump into the middle of the dis