Evening star., 1893-07-28
NO PLAN MADE YET.
No Certainty Yet as to the Action
of Congress.
A REPEAL BILL EXPECTED EARLY.
Silver Forces to Make a Vigorous
Fight.
THE COMMITTEE ON COINAGE.

While there is some improvement In the
condition Of the treasury as far as the
possession Of gold is concerned. there is
no such increase in the amount of gold on
hand as to indicate a reaction which would
weaken the argument in favor of the i'm
mediate repeal of the Sherman law. The
talk of fear on the part Of the administra-
ton that the situation Will not be bad
enough to impress Congess when they get
together is nonsense. 1t is not only the
lack of gold in the treasury and the steady
expectation of gold, which is now reacting
but slightly, but it is the general lack OF
confidence and universal business distress
which will impel Congress to prompt action
If anything will. Those who are most
urgent in their anxiety that the Sherman
law should be repealed do not attribute all
the evils of the present financial situation
to the silver purchases. but regard that as a
contributory cause that should not be al
lowed to continue. There is a growing dis
position among republicans to make the
fear which manufacturers are supposed to
feel at the prospect of revision OF the
tariff bear a goodly share Of the respons-
ibility for the situation. 1t is anticipated
that there will be bitter wrangle in Con-
gress from thee art among theorists as 10
where the blanS chief .Ilies. .
Based on nssenerafImpressions
With the session but a little over a week
away there is still no plan Of procedure
settled upon and no canvass has been taken
which can be relied on for a judgment OF
what may be done. The theory that the
repeal of the Sherman law is to be quickly
accomplished is based chiefly on general
Impressions, which are probably correct.
Any one who looks for a prompt surrender
of the silver forces will probably be greatly
SUR surprised wv when & The session | opens; The as-
upon the formation of the financial COM
mittees. 1t will make no difference wheth-
er the proposition favored by a majority Of
the House comes from the majority or the
minority of the committee: the situation
Is such that a majority OF the House may
set out to do. and even a change of rules
may not be necessary to this. IT is he
lieved that, with Bland still at the head Of
the coinage committee a majority Of that
committee will not agree with him on the
silver question. but however that may be-
1t Will not have much influence in deter
mining the victory.
To BE Quickly Organized.
1t is believed that the House committee
will be made up and the organization of the
House complete within a week after the
day of meeting. There may be a change Of
rules, but the impression is growing that
an attempt to make change would open
delay. and that II may be better to get at
once onto the main issue. II the old rules
are adopted Just as they stand it will be
easy enough for the majority to get a vote
at any time they desire II by simply yot-
ing previous question amendment to any
resolution coming from the rules committee
relating to the measure.
Repeal Bill.
1t is not thought that there will be much
delay on the part of the coinage committee
In reporting bill, since Bland, who will be
the leader in committee of the opposition
to the unconditional repeal, seldom resorts
to delays or any indirect methods in his
USDtlnK, but is always ready n hn
sense of the House. 1t is believed that within
two weeks after Congress meets a bill for
the repeal Of the Sherman law will be under
consideration by the House. There is a grow
Ing impression. too, that the firsa step In d.
rection of readtusting the financial affairs
Will be the unconditional repeal of the law
take its place will begin with a clear
field,