Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1893-08-05
FINANCE DOCTORS.
Bland Announces His Remedy
for the Depression.
CRISP Is WAITING ON CLEVELAND

And Will Make Up His Prescription Ac-
cordinG to the McsSage-The Populist
Committee Announces Its Specific -
Meantime the Trouble Goes On-Heavy
Assignment at Chicago-St. Paul Banks
Come Through a Run All Right-Busi-
meas Notes.
WASHINGTON, Aug. 5.-As soon after
congress meets as it is practicable Bland
the leader of the silver forces in the house
will introduce "A bill embodying the views
of the silver men. IL will provide for the
repeal of the Sherman purchasing act and
substitute therefor the free coinage of sill
yer at the present ratio Of 16 to l. THAT"
said Bland will be the ground upon
which we will make the fight, although
there has been no definite plan agreed
upon" He recognized that men could
honestly differ as to the ratio, but that
was n matter that should be settled in the
party itself. Upon the use of both gold
and silver as money at parity the Demo
cratic party could not differ
Can't ImpeaCh the Secretary.
II compromise measure increasing the
ratio was reached he said he saw no rea-
son why the present dollar should not be
kept in circulation as it is now. He pro-
posed, however, with all his power to re-
sist any increase in the ratio. The atti-
tude of the treasury department in refus-
ing to buy silver was arbitrary and uu-
called for. Blani said, but there was no
ground for the talk that the secretary
could be :mpeached. The law gave him
the discretion he was exercising. and that
was one of the mistakes of law that was
as he looked at it-full of mistakes He
had warned the friends of silver on this
very point when the bill came up for con-
sideratiOn in the house The Bland Al !
son act was superior in the respect that it
did not give the secretary this power, but
required him to purchase a specific
amount.
Has q Safe Place on the Floor.
If the United States, Mexico and South
American countries, together with he
countries of Asia on our west, were to
agree upon a common ratio, Bland thought
we would have all the trade we wanted
and would thereby force Europe to come
to the use of silver as a money Bland
said that he had not seen the speaker and
when it was suggested to him that some of
his friends in the east would be glad to see
him off the committee on coinage be only
smiled, and replied that they could not at
any rate, run him off the floor of the house
The champion of silver declared that
there would be a bitter fight against any
attempt to change the rules so that clo-
ture provisio.- might be Incorporated
Waiting for the Message.
Another of the doctors who will have an
influence IN prescribing the remedy for
the condition that confronts u.s." is
Speaker Crisp. From what he says the
programme waits on the president, except
with the very radical silver Democrats,
who talk as though they were ready to
bolt if they do not have their way The
message will outline the policy for con-
gress to adopt, and this will, of course, in
fluence the committee chairmanships If
Cleveland shall confine his recommends
tion strictly to repeal of the Sherman law
with no hint of subsequent legislation in
the direction of bimetallism, it m ght be
considered wise to pit Bourke Cochran, of
New York, against Bland, in which event
Cochran would leave the ways and means
to become chairman of the coinage COM
mittee.