The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-06-28
THE sILvER PUZZLE.
II Is Considered at q Session
Of the Cabinet.
CARLISLE REFUSES TO TALK.
No ssssssn - C~sgssss osfsrs esSesS'
Sss-Isisv We've WIN CssgrsssDss-
Why .ness stevpsA Esss Csssss&

WAssrSsrox CRY, June Z7.-eeeretayy
Carlisle. - response 10 . request TO express
his viswE On the financial situation ~
affected Sy The action Of India on silver.
politely asessined. saying that under the
circumstances he had nothing 20 say for
pubsiess;s,. and did nos care TO indulge IN
speeuIs: ssn - 10 the future.
Too b, alrs we're consumed by the eabi-
net sods: "a discussing the new phase OF
the sslvss question and other matters de-
msDdlne attention. The conferences yes
tsrdas zt-f sosn and evening between thu
pre.sdsn. " & Carlisle slupiihed matters to
some en- . Although the discussion. It
10 ssla wisie range. il Vas necessarily
hroaxht a. 10 one important. unmansee-
ale --~srt tsst the executive had no power
81 a., ., uzs.es. congress alone being able
60 dssl sssh measures for relief. IL Vas
piaia 20 Che eabine. that the monthly pur-
chase Of :ilver must b continued or con-
grsss mr.s se convened In special session
immedisseiy. As the president had de-
eided 10 Gall congress together in the early
part Of September 90 deal with the financial
! s.iuasior;spd manifested no intention Of
changing bis stated purpose. the project
Of IN eafsaer session, IL 10 understood. Was
dropped ~ far - the continuance Ut the
purchase; of silver and the Sherman Law
are eoacIrned. IL wss pointed out that lit
Gle bat rsora than two months remained
before congress you'd convene In extra
session asad turing the intervening time.
the siivct lots purchased would b only
20m 0Dos: oanoes. . comparatively ANAL
amount ~ view of the previous purch ases
That tbs. hest way 70 deal with the ques-
sion vassto await the course Of events two
months :aoresr was generally agreed to,
and u v.ss With this view dominant that
the meeesae adjourned.
One effect al the action At the govern
mont os Iadis has been 20 renew the de-
mand IL, tn early session 81 congress.
This vies was presented 10 Secretary Car
lisie this. m ornine by many Of his conGses-
sional saslIsss and numerous kilograms
from az sections OF the country. Before
going . The cabinet messing Carlisle re-
csivsd s:csslsgran from London announc-
inR fusshs decline In The prizes Of silver
20 asa. AZ this price silver dollars are
worth e:nls 7sx cents. Senator Dosph. OF
Oseson.;ths oniy Pacific siops senator in
she citys sid this morning:
en- ofSssd 70 NJ eollsaguss You know. on
the gub3sst ~ free coinage, aod am In favor Of
OaioesissnG ell eupsoncy on . par with gold.
Bas 70 sssas - - that this seldom OF the Indian
esvssnseat viii atm1nash insassd Of incsssss
sne !sss, vet toe ps1'ias ispsal Of the sherman
Lao shfo31h the sonstA think the eject will
b. 10 ms5 the thoughtful msrsbsYs OF congress
hssitsse s.sfes they further depssoiats the value
~ silver ~ auddsn,y throwing upon the market
Al the vEsfie A.Soo.oD ounces Of silver. equiv.
aisas 10 Asstiy ths whole American product.
How psr:hsssd monthly b. the governusnt
% rot bpsw anything bsssss than the sspsai Of
h. Rh~sk snz - ~ h. Ar~~ "a
shs sisu2a bus am fearful less the repeal
Of that est would b disastrous 20 the finances
Of the e:yef nmsnt snd Silver
The ,er stos further desired 70 correct
the pu,iished statement that no said In
sabstanue that Cleveland would not DO
able 10 Aor,mand the presence Of congress
at . stec!al session. and that for himself
he shcN,d not come TO Washington City
prior . September 80. He might have
said this congress should not, on account
of hot weather. be convened earlier than
septer:Ser -. or that he did not expect 60
DO In :washinston City until about that
date. hai no said nothing indicating any
opposilior to Cleveland or that he would
not b sen hand whenever congress was
called. lie would probably BE- q better
sapporfpr Of Cievcland's financial meas.
ures tkan = majority of the Democr alto
senatoes
Amo:,g the opinions obtained regarding
the sit;estlon affected BY the action Of the
Indian government are the following:
representative Oates aays he 10 hopeiul OF Q
speedy 1stsiement Of the question when con.
s'ess rs@sia lie thinks the most logical aud
commess 70 nee thing will he 10 repeal the Sher.
man lsr, the levying of 4 10 Per ceut tax on
sta,e es,s currency and to prosids for the free
coinage ut silver ~ such ratio 10 place 10 ct
apar!tyAvish gold
A. ] Warner. 81 Ohio, president Of the
Amerissn Bi-Mesallic League, said:
Thess! prins Of the coinage Of silver In India
has ins grrated now monstary revolution. II
Il ao:cnent deep seated aad viii 10 far.
reschin., In !ss consequences The closing of
the mint, o. bcnhay and Calcutta 10 part OF a
gigantic. conspiracy 10 sssss uron the present
orporfnsaiiy - ansily and fossves establish q
gold sss:2 Hard and TO extend IL ever The world
The I'm s'edtate consequences viii b that silver
vii isl$aui gold viii inereass In value sss,er
than eyat. Prices Will fall everywhere - gold
rises. Az every advantage win tnurs to cred.
t,ors snt tina creditor nsslers Ems.
land has Get out 70 subdus the
world. not With arms. bat with eola
What H. there .css To Do eas tor the wes,cr,,
conunes.t, under the lead of tho Cnited stas~s.
10 nalts ana act Independently ana establish a
nnaneiN sfstem founded upon equity ana cal
eetsfr"> " secure statisitf IN value aud ono
whiea vii keep an evea balance between
debtor md creditor, not one calculated To ron
with iiarHnisy the dehtor Tor the benefit of the
rreditoi national convention Of shu Ar.r;-
ran ~ sesssiie League has sireasis been decided
upon 80 the latter par, Of Aagast q, ST. LOAF.
or chisage
Mits,esEr, June 2T.--Thsr,y merchant.
and Manufacturers OF this city today sent
d,srstca TO President Cleveland, esnres-
sing ..hs conviction tha, .oun,
stable: currency OF equal value in
the aconcr markets Of the world
Is AZ stsela.e necessity Tor the safe con.
duet cf business and hoping ,aa, the So.
called. sherman b.ll viii be repealed q, An
early Hate.
psssra Jane 2.--rhe Denver .me,,sr,
feel v+ry severely the drop in silver. They
have On hand an average Of ah,,n, x.o r.,n
ounces each. enough 20 last for several
moaias Without making say new con-
tracts h'i, the trouble is that there i. alb
sclntsay no market for the silver. ani q
The saael:srs cannot dispose Of the crc.
Que, IS sheir works 1, vii he Impossible
10 coesinne running. II IL estimated thar
the snel;ers here and Throughout. ~.
state SOS; in the aggregate $.soa,oo on the
sSe hssash; last week. which has fallen 50
sEeatiy N value in the las, two day.
sAt.r iaKE. June s7.--rhs fail In silver
.aasss s'asy ~ the mins owners OF TAI,
rtsc' fcaay the naiy-Wess mine.
o. fSN tiy. Was ordered closed
sow:. The Diamond mine. at Ia.
wSa, New. ard the Old Jordan
sna 0a'ens gainrs. AZ RlnsAar.
Vtat. have stse baen e-s~-~3 -t>>>A p.