The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-08-16
Senator Quay Seeks to Pre-
vent a Catastrophe Like
That at Ford's Theatre.
THE SENATE STEERING COMMITTEE
Petition Received against the
, Manifest Injustice Of the Pres
ent Civil Service Law

pension OF the ten per cent. tax on State
bank circulation. and in support of which
he stated his reasons so plainly and forci
bly, cannot be reported back today, even
il the Finance Committee should be in
clined to report Ii at all, inasmuch al
there will be no meeting of that COM
mittee till tomorrow. The bill to
allow national banks to increase
their circulation to the amount Of
the par value of the bonds deposited
by them in the Treasury will be taken
up, and Mr.. Voorhees,. chairman OF the
Finance Committee, will make . strenu.
Gus effort to have it passed. 1t will
meet. however, strong opposition on the
part of Mr.. Cockrell aud other Senators
who have no love for the national bauks,
aul are in favor of removing the restric
lions now placed by law on State banks.
The Lodge resolution Is to come up
again today after the morning. business.
aud Mr.. Gallinger will address the
Senate on an amendment which he has
offered to it. and which declares against
any radical change in the tariff before
1884,
Is PoURRE COCHRAN PLAYING ACHILLEsf
The marked absence of Mr.. Bourke
Cochran from the an5f-silver mems meet
ing at the Arlington last night and the
appointment of General Tracey as chair
man OF the Executive Committee in his
stead. occasioned rumors to be started
that the distinguished TammRny orator.
like Achilles, had taken umbrage ana
retired to his tent and would
no onger seek to lead the
forces who favor unconditional repeal,
The additional surmise was ventured
upon that Mr.. Cochran would be found
eventually siding with Senator Hill in
favor OF q bi-metallio standard. But as
Mr.. Cochran himself was not present,
aud no one was authorized to speak for
him and explain his absence, these sug-
gestions were received with the qualiti-
c,tion that 1t would be better to await
further developments before accepting
them as facts.
NICARAGUA CANAL UP AGAIN.
The Nicaragua Canal DILL is up again.
Mr.. FRYE has relntroduced in the Senate
The measure which General Sherman
anu reported favorabIy from his
Committee on Foreign Relations and
which Was discussed for several
days in the Senate without action. The
capii al stock of Ihs company is iixsd at l.
0o0 600 shares OF 500 each. The main pur-
ose of the bill, of eour se is TO have the
Government practic ally assume the con-
struction of the canal and the control Of
the comta1V. t
MR.. KYLE's POSTAL SAVING SCHEME.
Mr. Kyle. he Popuilst senator from
South Dakota, has laid before the Senate
"a postal savings bank, which not only
efpbodles the features of previous post
bank saving bills. but includes some ad-
dItionsl features on the lines OF the third
pa ty's peculiar theories. Under his
Lii the Postmaster General "
autnorizei to designate certain
po.toeices. one in each county.
10 receive small deposits for re-
mi tance ro sub treasures. He is to issue
D~stal saving stamps from 10 cents to one
dollar. The savings are not to excssd
Sl.OOO for any one person, aud are to draw
interest at Two and one-naif Der cent. per
aunum. The Secretary of the Treasury
Is 10 loan the postal savings to farmers
owning laud valued as not more than
StMO. the loans are TO be made at four
per cent.
IN THE HOUSE
immediately fter he reading of the
Journal. Mr.. Meiklejohn (Rspublican).
Nebraska. asked unanimous consent f,r
the consideration of a resolution request
ing the Secretary of the Treasury to
communicate 10 the House certain infor
nation relating to the purchase and
Coinage OF silver under tLe Sherman
low.
The silver debate was then resumed.
Mr. Mccall (Rep., Mass, speaking in
favor of repeal, said that be agreed with
the opponents of the bill that bimetalism
and monometalism We're at issue, but the
cause OF bimetalism WAS represented by
the friends Of repeal. continuance of
The policy OF buying silver would lnevi-
fably deprive the governments OF its
stock of gold and place this country upon
the silver standard, aud this would prac-
tically demonetize gold.
Mr. Mccall was followed by Mr..
Coombs of New York. While speaking
Tor the repeal OF the purchasing clause OF
the Sherman act he referred TO notes and
hereby broke the natural flow of his
eloquence.
MR.. PREsToN's srATEMEYE.
AT the request OF representa- Bland
OF Missouri, Mr.. Preston, the Acting
Director of the Mint. sent to the House
today statement showing the number
OF grains Of standard silver In the dollar
at he following ratios-Seventeen to one.
1880: eighteen to one. 463 40; ninetee to
one, 400 20; aud at twenty to one, 516
AN ANTI-sILvER POLL.
The Executive COMMITTEES OF the Anti
forces IN the House. appointed at the con-
ference last night. held a meeting this
afternoon for consultation. poll of
the House has been practically COM
pleted by the canvassers in the interest
Of the anti silver faction. which Is said
by one OF the leaders to show an
impregnable majority of 81 in
favor of unconditional repeal of the pur-
chasing clause as provided In the Wilson
bill. There is substantial agraemen OF
opinion among the silver and anti-silver
leaders as to what is TO he the real test of
the strength of the two par ties on the
several questions to be voted on at tha
close OF the present debate, but wide
divergence exists as to the number OF
votes that will be cast by the two sides
thereon.
Mr.. Harteris doubtful as to the result
ef the vote on tha proposition TO coin
enyer at ratio OF 90 TO L This is said to
be due to Information conveyed TO the
anti-silver executive committees that there
are upwards or 40 Republicans who will
vote for establishing coinage Vt that
ratio. Mr.. Bland. however, believes that
the ratio of Ii TO ! will be stronger in the
House than auy other, despite the report
ed for Repu blican votes for 90 20 l.
IN THE SENATE.
Among the petitions presented in the
m rning hour WAS one from Cass County,
Irdiana 1t was directed Said Mr..
Voorhees,. In presenting it) against the
manifold iniQnities of the D. esent civil
service-in which petition heartiIy con-
cur,
Mr.. Mandsrson (Rsp.. Neb. introduced
two bills which. he sail, had been pre-
pared and sent To- him By a gentleman of
financial ability. and which were read
by their titles aud rsferred to tna FL
nance Committee. The titles are:--
Directing the purchase of silver
bullion and the issuance of treasury
notes therefor, su for the appointment
OF mint commits gion.
Providing Tor the Issue Of treasury