Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-09-29
A WONDERFUL SCHEME.
Pennsylvania Manufacturers and Silver
Men said TO Have Formed an Alliance.

Pennsylvania Manufacturers and Silver
Men said TO Have Formed an Alliance.
WASH NGTGN, D. c., September 26.-
The speech OF Senator Cameron In
favor of the free coinage OF silver con-
tinues to attract attention here, not
only because it is startling aud un-
usual attitude for Repuol-
can Senator from the Eastern
State Of Pennsylvania to take, but
because of the events in Pennsylvania
that are crowding on the heels OF that
speech. At the meeting OF the RepuO-
lican leagne at Reading yesterday, an
attempt to censure Senator Cameron
for mis- course was defeated by a two
thirds majority.
An explanation Of this failure to CEN
sure Senator Cameron, and Of indeed
the attitude he has taken, is furnished
bv the intelligence that bas reached
here that a movement is on foot among
the protected manufacturers OF Penn
sylYania TO effect combinatS q
between the protected interests anoSthe
silver men which shall have for It's aim
the defeat of the legislation looking TO
tariff reduction and the qualification OF
the Vests demand for free coinage un-
der modified conditions. Some OF the
members of the Manufacturers Club, or
Philadelphia, led by James NJ. Dooson,
the big wooden manufactures, and
Wharton Barker, the banker, are en-
gagged in circulating petition looking
to the consolidation Of the interests OF
the protectioniSts and the Tree silver
ties. Many signatures are being pro-
cured.
The scheme is sto defeat the new tar
if bill and give the silver, first, free
coinage Of silver upon payment by the
owner Of seignorsge absorbing three
fourths Of the difference between the
market (London) price OF the bullion
and its coined value; second, the prohi-
bition OF foreign silver for coinage pur-
poses except at seignorage that VIII
absorb all the difference between the
market price and the mint value, and
third, an international monetary con-
ference, including all the nations OF the
world except gold monometallic coun-
tries, for the purpose Of arriving at an
international agreement The claim Is
set up that the interests OF
silver and protection are Identical.
The plan mapped out by these
Pennsvlvaaia manufacturers follows
closely the idea OF Senator Cameron's
speech except that the former provides
against an influx Of foreign silver to
the mints by absorbing all the differ
enee between the market and coined
value OF silver, while the latter places
upon foreign silver an inhibitory duty
The scheme is to align the interests
of silver aud protection, and by this
means prevent adverse tariff legislation
and secure more liberal silver leglsla-
tion. IL is an alliance, the sugges-
tion OF which Is fraught with
great possibilities, If it were prac-
ticable, but its successful operation
would mean the breaking down OF
party lines, perhaps, and an entire re-
adjustment Of party politics. The
proposition, which seems chimerical,
will doubtless attracts great deal OF at
tention throughout the country.
Both Mr.. DobsOn and Mr. Barker are
here tonight comforting with the sill
yer Senators with regard to their moYe-
ment. They declare that the alliance
is feasible, and affect to be quite conf
dent that it will accomplish It's purpose.