The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-10-23
REPEALERS SURRENDER.
All Washington Is Talking Of the
Compromise Measure.
THE PRESIDENT QUOTED AS STILL
AGAINST SUCH A BILL.

Democrats Expected to Muster Votes
Enough to Pass It-Republican
Leaders in the House Not Disposed to
Talk About the Mattcr-One OF Its
Features Particularly Obnoxious-SilveY
Senators.say They VIII Not Obstruct It
Washington, October 22.-The proba.
bilities of the proposed compromise upon
the silver question becoming law were
vigorously discussed here today The
friends of the measure are sanguine it
will be accepted by the majority of the
Senate. A few have not yet signed the
request to Chairman Voorhees, to offer
the substitute for this pending bill and
it is still uncertain when it will be pee.
sented. The silver Senators from the
West are by no means satisfied with it.
They are quoted as saying that they will
not offer any obstructive tactics to the
vote upon it after being allowed an op-
portunity to vote inssfavor of free coin
age substitute.
The Republican leaders in the Houss
declined to talk for publication on the
grounds that the terms of the compro-
mise are not yet made known. Talk
with Messrs. Reed, Perkins of Illinois
and others demonstrated that on ons
point they are not satisfied. That is the
coinage of the seignorage of the Bullion
now in the treasury and that of YEARS.
bullion to be purchased increasing the
currency by that amount without pro-
viding in any way for the purchase Of an
additional gold reserve sstos. aid s.in mains
tanning the parity of the two metals. Un<
less a provision of this sort is made il
will be difficult, from the present indica,
tions, to secure any Republican votes
for the compromise in the House.
The compromise as outlined in the
paper addressed to Mr.. Voorhees,, is az
Hon. D. W. Voorhees,, chairman finance
committee, us. Senate:
"We, the undersigned Democratic
Senators, hereby agree to vote for and
support House bill Mol, provided said
bill is amended as follows:
"The purchase clause of the act of July
IA, 1890, shall be repealed, to take effect
October i, 1894.
"The seigniorage silver bullion now in
the treasury, and which may hereafter
accrue, shall be coined as soon as practi.
cable, and silver certificates issued there.
for.
"All treasury notes and legal tender,
below the denomination of $40 shall be
retired and silver certificates or silver
dollars issued in place thereof.
"The silver bullion now in the treasury
or which may be purchased hereafter
shall be coined as directed by the secre,
tary of the treasury. except SO much
thereof as may be necessary to retire
from circulation the silver certificates
now issued, ,and which bullion shall re-
main in the treasury"
By the time the Senate adjourned at
8. 80 yesterday afternoon, of the a Demo-
Gratis in the Senate, 80 had signed the
paper, leaving only five to be accounted
for. These five are Hill of New York,
Mills OF Texas. Caffrey of Louisiana,
Villas of Wisconsin and Irby of South
Carolina. Of these it. is known that
Caffrey and Irby will sign, and it is
believed that Villas will come in by Mon
day. Hill and Mills will probably re-
fuse any overture of compromise, and
will permit the amended bill to GO
through without their votes.
With the signatures already secured
and those additional which can be safely
counted upon, the Democrats have votes
enough to pass the measure. The repeal
Republicans, 1T is said, will content
themselves with voting against it, and
SO will the silver Repu blicans, unless the
plan of settlement should be in danger,
when they will lend their votes to carry
it through.