The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-10-23
Senate Compromise Bill.

WASHINGTON, Oct. H.-The Democratic
managers of the Senate are now devoting
themselves to the end of seeing that the
compromise bill just formulated shall be
passed. When the steering committee ceased
Its sitting to-day thirty-seven Democratic
would support the measure prepared by the
committee, and the managers felt assured
when the Senate adjourned to-day of a suf-
nclent number to bring the number up to
forty-one, leaving only two more necessary
to insure the passage of the bill by Demo-
cratic votes. The three Democratic Sena-
tors who are holding out against the bill
are said to be Messrs. Mills and Villas, of
the repeal side, and Mr.. Irby, of the silver
side. There are some Senators absent from
the city. Messrs. Daniel of Virginia, and
White, of California, for instance, of whose
support of the bill they entertain no doubt
There are others of the ultra repeal men
who have not yet actually attached their
names to the pledge upon whom the COM
mittee count with certainty. The managers
the names Of all the Democratic Senators,
and will do so If possible, with the hope of
p ud the Din through as party measure
any assistance whatever. Most of the Re-
publicans are equally anxious that the
plishment, for the bill is one which does not
commend itself to either the repeal or silver
faction in Republican ranks. The repeal
men are pleased with only the one pro-
vision, limiting the silver purchase to a
year, while the silver men find in this linn.
itation ground for the seyerest. condemna-
ton. They regard the bill as better than
unconditional repeal. in that in all it's pro-
visions, except that of fixing time for
ceaslng the purchase of silver bullion alto
gether, it provides for an increased use of
silver as money, but say ii is by no means
what they should have received
The silver men of both parties are pleased
that the bond issue is not 10 be touched
upon in the amendment. The silver Demo-
Gratis made very strong effort to extend
the Sherman law to a time beyond the
next congressional election, but found it i'm
possible to secure executive approval for a
date later than that chosen. In fact this
date-Oct. i, 1S9f-iS a compromise within a
1t is understood that the Treasury Depart
ment took the position that 1t would be i'm
possible TO preserve the gold and silver par
ity without bonds If the Sherman law should
remain in force to exceed year longer.
and that it was this argument which in
duced the silver men to yield, as they did
most reluctantly, to the extension until
| January, 1895.
AS at present arranged the law will ex-
pire in the midst of the new congressional
election, and 1t is going to be very diff
cult to keep it out of 1.-THE campaign, as it
| is. There will probably be an effort to
amend the amendment in the Senate by
| increasing the purchasing time a year,
and the silver men think it possible that
| this through, but, all circumstances con-
sidered. this is hardly probable. One other
| advantage which the silver men find in
| the committees amendment over the orig
inal bill is that it gives them ground to
stand on while the silver fight shall be
| prosecuted in the future. They say that the
| silver fight has in reality only begun; that
| the present bill is only a stipulation for a
| brief time, and that 1t will be prosecuted
vigorously in the regular session.