The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-10-23
President Cleveland Said
to Be Opposed 10 the
Silver DiCker.
SECRETARY -cARhIsLE's POSITION,
II Democratic Senator's Will Agree,
Voorhees, Will lntrodncs the
Proposed Amendments.

viii not be In order TO bring up any new
business for immediate action today.
Until the Senate takes an adjourn ment
at the close of the days bushes instead
of q "recess" the Senate rule that one
objection throws over all new business
till the next legislative day.
operates as a bar. not only
10 the consideration Of the
Voorhees, cloture resolution, but also to
any possible compromise amendment.
Il is assumed that Mr.. Voorhees, will not
move au ADJOURNMENT until hs seas the
way clear for action of some kind. When
this will be, the days devetopmen nts may
suggest. They are looked forward to
with some amount of feyerish anxiety.
The prevailing ,uncerta1nit has increased
rather than diminished sttrce Saturday.
sNAGs FOR COMPROMISE.
There appear TO be numerous snags in
the COMPROMISE channel, not least OF
them the alleged disapproval of the ad-
ministration. Tuere is strong sentiment
amoug Republican Senators and some
leading democrats that the conrin ued
coinage of silver, without a direct
authorization to ths : Secretary of
the Treasury TO issue Donds
iu case of need to keep In hand d sutii-
cieut gold reserve TO maintain ths parity
OF the two metals Will not relieve the
financial uncertainties of the situation
or re establish the governments credit
on n firm basis abroad. This view is
known to be shared by some of the
Presidents cabinet advisers. who in
private conversation give sutterence to it
SO o. enly aud forciely as TO imply that
ttis opiuiou is entertained by Mr.. Cleve-
land himself.
SECRETARY CARLISLE RETICENT.
Mr.. Carlisle is reticent on the subj ect.
There was time just before Mr.. Carlisle
hold nf Eran h. I,
had agreed to accept the Office and was
in frequent consultation with Treasury
officials, when IL was accepted as fact
that the Treasury had auth ority under
The Resumption act to issue BOMBS
(though at an unnecessarily high rate of
fnterest) without any further action of
Congress. A small issue of bonds-some
four or five miliions-was sctually
printed and received the preliminary
touches prior to being sigued aud issued.
At that time the gold reserve had only
been slightly impigned upon, and it was
thought four or five million dollars
would maintain it intact. Mr.. Carlisle,
it is said. was made aware of the pro-
posed action of his predecessor. Whether
he approved of 1t is not known. A halt
was, however. called. and the proposed
issue never advanced beyond the initial
stages. It is believed that the admins
tratlou now doubts It's authority TO issue
bonds without direct action of Congress,
and IL is supposed it shares the opinion OF
many Senators that an Issue of bonds
may become absolutely necessary, es-
pecisllv in view of an inevitable deficit
of at least fifty millions at the end Of
the fiscal year.
PRESIDENT CLEvELAND's VIEWS.
The statement made public last night
as 10 the attitude of the administrator n
on the proposed compromise came from a
source emitting 1t TO full credence. The
PresideD, { insrespouse to direct appeals
from Senators has. discr eetly refratnied
from making any statement which could
be construed as indicating q desire OF
debating to Congress. but in sthe discus
sions winch have taken place ON the mat
ter In the Cabinet he has fully expressed
his views. The announcement made
last night is understood to be a reflection
of the views so EXPRESSED. He believes
that majority of the senate is In favor
of unconditional repeal aud that means
should be devised to enable the majority
to give effect to It's opinions. This clear
Indication that the projected compromise.
If passed into law, ,woul1 probably be met
with an executive vote. will add new ele
meuts of difficulty to the situation. AT
the best another week of tlreless talk
seems unavoidable. ~
WHAT VOORHEES, WILL DO.
Th ere was an air Uf uncertainty about
the Senate Chamber this morning, and
Senators who were very confident OF q
6OilblOu VI bu0 AAb 1Ghdt QuGSblOu WuUu
the Senate took recess Saturday, are hi;
morning. locking very gloomy oyer the
prospects. aud, according TO the opinions
fiesly expressed by some Senators,
any IDEA they may have had of a
recess has vanished. The dictum of The
President was received fn various way
ana was pot UNLOCKED for Ia some quar-
ters. 1t is said, for instance, on on.
hand, that this has effectually dispelled
the last hope of compromise; and 1t II
said, on the other hand, that com promise
will go through, regardless of the attitude
of tae President. A prominent repeal Sena
tor, who has been allied with Mr.. Voorhee
in this long fight. Is authority for the
statement that If enough names can b:
had 10 the petition TO Mr.. Voorhees,, the
compromise as agreed upon will be in
troduced in In the Senate. possibly a.
early as tomorrow, and that II thes
names are secured, the bill will be passed
regardless of the sentiments of the
Executive. While 1t may not be salts.
factory TO the President, this Sena
tor is of the opinion that he canuot as
sumo the responsibility of yetolng bill
passed by the almost solid vote of his
rrrty. For the same reason, II is clHimed
tnat MT. Voorhees, could not refuse tt
offer the amendment to his bill when the
request to do so came to- hin
backed by the practically .unanimou
Vote of. the party. So far. 1t Is said
Senators Hill and Mills are the only mel
who have declined 10 signths pledge ad
dressed TO Mr.. Voorhees,; and it is as
serted that every other Senator who has
seen 1t has signified his allegiance by af
fixing his name. All of the democrats hav
not. however, agreed to abide by the bill
for the reason. as is alleged by thos
in charge Of it. that they have not beer
seen; but there are not many of these
The silver men from The South have al
signed 1t, Mr.. Jones. OF. Arkansas. being
the last one 10 give in. he being especially
averse to any compromise that fixed tht
date of repeal prior to the November elec
tions of next year, ultra-rspeal demo
Gratis are pleased with the situation pro-
seuIed this morning, and take it as al
omen indicative OF ultimate repeal or
the lines of the bill as amended by Mr.
Vsorhees, aud now pending in th
Senate.
REPUBLICAN OPPOSITION.
Republicans generality will oppose com
promise should it be brought forward II
the Senate, on the ground ths
IL does not provide for u remed
for The evils that have bee
denounced. and does not IN an.
way strike at the root OF the trouble
This compromise, they say, simply en-
lar0es the use OF silver, aud at the sam
time strikes out part Of the securir
held by the government to maintain 1t Q
parity with gold. Republicaus wi
iOsistI that, SO far az they are concerned
there shall be an issue OF bonds unles