Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1893-10-26
WASHINGTON BUDGET.
Sherman's Bond Issue Amendment
Worrying the Democrat Re-
peal Senators.
Allen Wants Free Silver to Go to a
Popular Vote-The Senate and
House Proceedings To-day.
To-pAY's SENATE.

TO-DAY'a SENATE.
Washington, Oct. 26.-The senate this
morning after the transaction of routine
business took up Mr.. Voorhees, bill for
the repeal of the silver purchase clause,
the question being on Mr.. PETERS free
coinage amendment. Mr.. Teller took the
floor and discussed the causes of financial
depression which has existed in all coun-
tries of the world since 1873. He said
the duration of the depression was un-
usual and abnormal, and gave statistics
and reasons.
Senator Sherman is still undecided
whether or not he will introduce an
amendment to the Voorhees, bill prov1d.
ing for bond issue.
NEW MEXICO BANKS.
Comptroller Eckles has made public
his consolidated report, showing the con-
tion of New Mexico national banks on
October 8, as follows: Loans and dis
counts, $1,623, ,63S.31; gold coin, $148,491;
total resources, $21,917,s46; total depo-
sits, $l,392, ,117.5S; average reserve, 26.11
per cent.
GETTING TO BE JOKE.
In the house yesterday M. Coombs, OF
and amusement offering a resolution out
lining plan for tariff bill and instruct
ing the ways and means committee to
bring in bill in accordance with its
provisions. After numerous remarks, it
was referred to the ways and means COM
mittee.
AT TIE WHITE HOUSE.
President Cleveland is very much gra-
titled at the turn affairs have taken in the
senate, though he believed all along that
unconditional repeal would pass. 1t is
the impression at the White house that
no message will be sent to the regular
session in December.
A BRIGHTER OUTLOOK.
Senators Teller and Wolcott are disposed
to say little for publication about the de-
feat Of the silver forces in the senate. II
is known, however, that they feel the
west will be the gamer by the outcome
now in sight. SiIver's recognition as a
money metal will only be delayed until
the people of the country have an oppor-
tunity to express their opinions at the
polls. Senators Wolcott, Teller and the
other Republican silver men anticipate
that the people will not only speak for
silver in the fall elections, but it will
come out more strongly in the congress
sional election of next year.
SCHEME NO. /.
Mr.. Bressius, of Pennsylvania, by re-
quest, introduced yesterday in the house
a bill to establish gold and silver cur
rency on basis of interchangeable value.
It contains twenty-seven sections and
covers ten closely type written pages and
is one of the many schemes proposed to
settle the financial question.
sTANTon's susoxssoR. .
Commodore Richard W. Meade, on duty
as member of the Columbian exposition
commission at Chicago, will succeed Ad-
miral Stanton who was discharged yes
terday for saluting the rebel admiral in
Brazil as commander of the south Allan
tic squadron.
THE BOND FEATURE.
Though Mr.. Sherman has declined to
state positively just what he will do, the
impression prevails that he may soon in
troduce his bond amendment. This
action has caused much uneasiness
among the Democrats who say such a
passage of the repeal bill. Many Repub-
iicans will not support sherman's amed-
ment believing it will jeopardize the
cause of repeal.
THE WEST rs AGREED.
Senator Allen, of Nebraska, has pre-
| pared and will offer an amendment to the
repeal bill providing for the submission
of the free coinage question to vote of
the people at the next general election.
! He thinks this the best way of testing
popular sentiment on the question.
| GRESHAM AGAINST THE CHINESE.
Secretary Gresham appeared before
the senate committee on foreign relations
this morning and advocated an amend
ment to the Chinese bill so that the clause
providing for the extension of the time
of registration for six months should be
eliminated. The committee is said to be
against this recommendation.
NATIONAL NOTES.
When the house shall have acted upon
the repeal bill, adjournment till the be-
ginning of the regular session in Decem-
Der will be in order.
Mr.. Crane, of Texas, has introduced a
bill for the representation Of the district
Of Columbia by delegate the same as the
territories are.
Mr.. Oates, Democrat, of Alabama,
favorably reported from the judiciary
committee bill to amend the naturaliza-
tion laws of the United States.
The president has sent the following
nomination to the senate: Charles Davis,
| cf Texas. tn he collector Of customs for
the district of Paso del Norte, Texas.
In the senate yestesdsyy Senator Teller
presented petition from members of
the franklin club, Of Cleveland, Ohio,
protesting against the repeal of the Sher-
man law.
In the house to-day joint resolution
tending acknowledgement of the people
of the United States to foreign countries
for their participating in the Worlds fair
was passed.