Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1893-07-01
VIEWS OF LEGISLATOR

Senator voorhees, Says That the
Sooner Congress Gets TO Work at the
Silver Matter the Better-Represen-
tative Durborrow Believes That the
President Was Right.
WASHINGTON, June 30.-It Is almost
oonclusively established that the calling of
an August session of congress was not even
determined upon until after midday to-
day. The plain facts appear to be that
the disturbance of values arising from the
uncertainties of the situation grew SO
alarming that Mr.. Cleveland was compelled
to acknowledge that the unexpected con-
of congress, of which he spoke in his in
terview of Juge 5, had arrived.
The action of the British government in
India brought matters to a crisis. Previous
to that event Mr.. Cleveland had mani
tested firm determination to adhere to
his plan of calling congress on Septem-
Der /. After the suspension of sil-
yer coinsge in India the president
resolutely declined to speak further
about his intentions until he should be
prepared to act, and each of his cabinet
officers maintained similar silence. 1t
kAoJ 10 5t0eOof ho"OfO31 phos AioAh thO ohJ
when the announcement of the action of
India was made the president took steps
to keep himself forewarned through the
press dispatches of the slightest approach
of panic in the money market, prepared
at any moment to take the course which
he has now adopted If it seemed to him
that his 80 doing would in any way tend
to allsy alarm and restore public conf
dence.
When to day he found kilograms on his
table not only from the Eastern and Mid
die states, but also from the south and
even from some silver states, urging that
congress be called together at the earliest
day possible to end the uncertainty, he de-
termined to delay no longer. But even In
taking this action the president took steps
as far as he could to prevent it's being
known before the stock exchange closed,
so as to avoid any appearance of exercis
ing undue influence on the stock market.
The effect of the announc sment upon cars
and reports in the city was marked. SEN
ator Voorhees,, chairman of the finance
committee, when informed of the presi-
dents act, said:
"Inasmuch as congress has to deal with
this subject 1t is we'll that we get about 1t,
and the sooner the better. I do not know
that congress can or will bring relief to the
COUNTY,, Dut IL 10 ouE ouIy W "hhS tnS
effort, and there is no wisdom in delay.
The condition of the country certainly, to
my mind demands very prompt and de-
cisivs action, especially in view of the fact
that everybody seems to be depending
upon congress for a solution of even fnsr-
clal trouble have no doubt that as soon
as congress gets to work 1t will repeal
the Sherman act. I voted against the
bill when it came upon aye and
nay vote, when it passed. ard told
the silver men who supported 1t
that 1t was not the legislation they needed
for silver. I, for one, shall vote for it's re-
peal. 1t must not be understood, however,
| that abate a single jot of my adherence to
the coinage and the use of silver as money,
| under proper regulation Of Its parity with
gold"
J Senator Harris, president pro tenn. of
the senate, could not be seen personally,
but from one to whom be had spoken rela-
tive to the calling of an extra session 1t is
learned that he expressed the belief that
the sooner it was done the better.
| Senator Dockery declined to discuss the
presidents action. When 1t came to dc
with the money question. be said: Il think
the president is eminently correct"
Senator Cockrill was found at bis resi-
dence In earnest conversation with Repre-
sentative Dockery. He had no interview
to give. Representative Enloe said:
s'It may restore confidence. Still 1t Il
question in my mind whether or mo-
congress can furnish any relief. Tit
country, however, seems to think 1t car
and it is the part of wisdom for the presi
dent to give 1t a chance. think there Il
no very great reason for this financial de
moralization, except that the public con
fdence has been shaken"
Mr.. Enloe said he believed 1t hardl.
probable that the Sherman law would b
repealed without substitute.
Representative Durburrow Of lllinoi
said the president was right In calling tn
extra session In August. The presiden
had had the matter presented In all lights
and had now transferred it to the shoulde
of congress where 1t belonged. Mr.. Du,
borrow did not care to forecast the sctio
of congress on the matter, but he though
the immediate result of the extra sessio
would be to restore confidence in businea
r and financial circles to large extent.
= uw Van nm N HDEau