The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-08-18
CAPITAL CULLIN6s.
Innprobability of Joint Bill That the
President Will Sign.

Washington, Aug. 17.-Congressman
Bourke Coclzran's mission to the republi-
cans was successful. They received his
overtures kindly, although they said they
had been treated rudely, in that the dem
ocrats adopted the present order of busi-
ness and refused to allow them to discuss
or even to offer an amendment. Never
theless, they realized that the President
had called congress. and not the dem
ocrats alone, to adopt measures for the
relief of the country, and they would,
therefore cooperate with the anti-silver
men in bringing about the unconditional
repeal of the Sherman law.
PROSPECT OF REPEAL UNALTERED.
The status in the House is unchanged
The prospect of passing an unconditional
repeal bill continues good. Repeal
men are as confident as ever.
The silver men are also confident.
Their leaders say that in the last two
or three days members have been hearing
from their constituents, who demand the
RECOMMENDATION of silver, and that before
a vote is taken there will be such pressure
brought on the representatives by their
people that they will be compelled to vote
for silver. 1t is doubtful however, If this
is true to sufficient extent to cause any
change of votes.
ACTION OF FINANCE COMMITTEE UNCERTAIN.
The opinion of yesterday that uncondi-
tional repeal would pass the Senate did
not gain any strength to-day. The de-
mand of the repeal men, that something
be done quickly, may be responded to
by the finance committee with something
else than bill for repeal. The commit
tee was in session to-day, and the question
was discussed, but no conclusion as to
/, Al &c n
eral desire in the Senate to make demon
stration of doing something. To relieve
themselves of the charge of unnecessary
delay the committee will probably report
a bill very soon; but they do not contem-
plate beginning the fight over the repeal
bill. Indications are that for the time
being, the repeal question will be laid
proposition will be taken up.
1t is proposed to bring in a
very broad measure, dealing with the
whole financial question, and to attempt
to pass that, instead of taking up such
measure as is now in the House, which
deals with only one phase of the ques-
tion.
THE PRECISE SCHEME UNDEvELoPED.
The details of the plan are not yet
known. 1t is simply known that they in
tend to bring in something different from
what is suggested in the Presidents mes
sage, which will probably be a general
banking and currency bill, including the
Tom johnson proposition. This PROPOSE
tion, in general way, provides that any
one having bonds can deposit them in the
treasury and get notes on them
to the full face value, the
interest on the bonds to cease for so long
as the notes are outstanding and the
notes to be convertible back into bonds
at the option of holders. The bill may
also include Mr.. Voorhees, proposition to
allow national banks to issue currency
equal to the full value of the bonds depos-
tied, and also some provision to allow
clearing house certificates to circulate as
money. Thepurpose to introduce such a
bill grows out of the conviction that no
repeal bill can pass both houses which
will receive the approval of the President.