Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1893-10-16
POWER Of MINORITY
Shown in Settlement OF
Silver Question.
MAY Be A COMPROMISE.
National Banks Now to Receivu At
tention in the House.

WAsHNGTON, oct. l6.-rhe silver situa-
ton remains unchanged. A day Of rest
from weary silver speeches sn( attend
Rnce at the capital has given senators an
opportunity for the interchange Of views,
and nm attempt to agree upon some plan
OF action for this week.
There have been conferences of a more
or less informal character going on, but
they have resnlt,G in nothing. AS yet the
opponents Of repeal have not been able TO
present any proposition which would
meet with the united support Of their side,
while no plan which does not have such
inited support will be successful.
The repealers and the administration
are doing nothing. A member Of the cabi-
net outlined the position OF the adminis-
tration by saying that there was nothing
for the administration to do.
As TO the matter Of the rules there Is no
belief that any change will come within
the immedilte future, despite the intro
duction of several amendments intro
duced recently by members who want the
senate governed by rules which will en-
able the majority TO control debate within
what they conceive 20 be reasonable limit
The time for modification of the rules
observers, until the consideration of the
subject can lie entered upon without pas
sion.
As to the silver question, the common
expectation is that some compromise will
be brought forward on the Democratic
side aud be pressed To vote at the earliest
possible moment. Just when this mo-
ment will arrive depends largely upon the
nature Of the forthcoming comprom mise,
for Il it Is not acceotable 10 the silver
Republicans and Populists they can aud
probably will put many obstacles in the
way of its enactment into law.
The probable course of events mean
while is "A continuance Of the debate for a
few days at least. The debate has as
sumed a more interesting character since
Senator Jones began his speech Saturday,
and promises to revive a tagging interest
an the subj cct Probably Mr.. Morgan will
follow Mr.. JOues, but the order of speak
ers has not been definitely arranged.
During the continuance Of the debate
there will be IA fair opportunity for look
ing TO the expected compromise.
Important Business on Hand.
A vote will be reached by consent of the
house at 3 O'Clock this afternoon upon Mr..
McCreary's bill TO amend aud modify the
Geary Chiness regis ration act Mr.. Nc
Creary says there il no doubt OF the pass
ing of the bill, provided quorum be pres
ent and vote.
Immediately after the vote on the
Chinese bill has been announced Mr. Cox
of Tennessee will call up his bill fer the
better regulation of national banks which
has been favorably repor ed from the
committee on banking and currency. He
will probably not ask consideration of the
measure until Tuesday. The bill provides
That no national bank shall make any loan
to its president, vice president or any persons
In its employ until the proposition to make
such loan shall have been submitted in
writing by lle person desiring the same to
meeting of the board of directors or executive
committee Of such board, If any, and accepted
and approved by majority OF those present
constituting "A quorum. No bank shall per-
NIT its president, directors or other persons Ia
its employ to become liable to il by reason OF
overdrawn account.
1t is also provided that schedule of all
such loaus shall he reported to the comp
troller of the currency. Not much debate
Is anticipated on this bill, as Representa-
tive Warner, a member Of the committee,
is the only antagonist the bill has so far
seen. Representative Hepburn of Iowa,
who was solicitor Of the treasury under
the Harrison administration, commends
the measure.
After the bank bill is out Of the way
the bill to establish a uniform system of
bankruptcy throughout the United States
will be taken up, and its consideration
will doubtless exhaust all the remainder
of the week.