Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-08-21
VIEWING THE FIELD.
Bolh Parties in Congress Confident Of
Victory IN The Contest.
WHAT TnELEADERs HAVE OsAY.
Program for the Wgck-secrctarJ
Carlislo's Flgures.-A Test Vote
In the Senate.

muNlh VI WV HIANAhA hNaaAuA " NHhT
rre.s has passed AMI tho Third week Of
the financial contest is opened with
both PARTIES confident, but with many
significant changes In the situation.
The Republican senators from the ILL
YER s,a,ea have reiterated with greater
emphasis their loyalty to tho silver
cause, while Voorhees,, with n fee
coinage record Of twenty years, has
sufrrliei his former friends by declar'
ing tor unconditional repeal Of the
sherman act. Thus the disappoint'
mrnt which the repeal men cxperl-
rrrpd when Vest Of Missouri ~ cm'
phnt.cnl y declared for free cGiungo and
against unconditional repeal has lusn
moro than oh.et by the HcoessioA 10
their ranks OF VOORHEES,.
It's not improbable tsnt the coming
week may sec the bill to permit the
national banks tr Increase ,hclr Issue
II bank notes forced to "a vote Ia the
senate, and the indications are that II
will receive q majority vote.
In tho HOuse last weeks discussion
brought little TO encourage the free
EuluN.t IfNNilts ANhkA'naAhhh Afha ~
0ue Of their eloquent lgndofr, has
sp0ken and his speech elic,ed the
highest praltU, but II ~ doubted 10y
many whether even such able eiloftI
could change many votes in the
House.
Congressman Bryan, who by com.
mon consent n accorded tho place Of
chief lieutenant 10 Chairman Bland,
NF.II NHHf NJ a. fN
situation: "rhe canvass IA not tuill-
rienlly complete 10 make an accurate
statement ~ to tho vote IN the House.
am satisfied, however, that a
majority oil the members Of
the House favor free coinage at
some ratio. Most OF tho advocates Of
free coinage arc Ia favor Of the present.
ratio, lB to !, but others favor ratios
running az high Rs % to /. ThoprOpo.
sitlons submitted 10 tho House do not
20 higner than % 10 /, but II no agree.
mont IL reached the friends Of free
coinage will still oppose Unconditional
repeal, hoping 10 secure some nillrma.
tive legislation nllcr tho committees
IRE urgagiEed when the matter comes
before Congress again. IL il not only
possible tut PROBABLE, therefore, that
unconditional repeal will be defeated,
even " the silver men fail 10 carry free
coinage or the Bland law. believe
thesoutimont In favor 0f silver Is IN.
creasing and from letters have re-.
Colved / am Satisfied the growth 0i the
sentiment ~ not confined 10 the West.
1--WE have made n cnnvRss,n said
General Tracy, "and the result con-
vincea M that we have "A clear ma.
Jofiiy ON every proposition after con.
ceJiug TO our opponents twenty-five
doubtful votes. There Il no doubt hut
the unconditional repeal bill will pass
and every proposition and ratio pro.
posed by the silver people DO defeated
by substantial vote. There can he no
doubt Us 10 the result, and the Sher.
man act will be- Internationally re-.
pealed."
Congressman Jerry Simpson, leader
OF the POpulibt m embITs OF the Huute,
has taken great deal Of satitflu.
ton out OF the embarrassing situation
IN which the two old parties nud
Themselves. Simpson said Of the 8ltua.
tiuni
at Is my opinion that the Sherman
law VIII he repealed, only ON cOnui.
ton that we have fees coinage ut a
ratio Oi I 20 20, o. may bn less, which
presume Cleveland VIII veto. Now,
as 10 the effect on tho political parties,
10 la difficult at present ~ forecast with
any accuracy. One thing seems Ger
thin; that iP, that the Democratic party
b. going 10 divide Ou this money ques.
lion, which, think, viii eventually
land the FREQ coinage men Ia the PeO'
pes party"
IL l. the expectation Of the free
coinage men In the House that, what.
ever Lo the result OF the various votes
on repeal, conditional OF unconditional,
ca the 2sth, the Senate will within a
short time pass tho Voorhees, bill Il
incfvase the volume OF national bAnh
Totes ana sen the measure 70 the
House Tor it, c0ucuitonce.
REiLLY's I'LL.
The measure which Ia being dis
Cussni by the silver men as counter
Proposition 10 the Voorhees, bill has
been drawn by Representative Reilly
Of Texas. This title is as follows: "a
bill TO increase the currency and 10 pro
vide for tho redemption thereof aud
Tor ether pufpCs,s."
Section | From aud after the paisag,
Of this act any back organized undel
the laws OF the United States and hAv,
lug on deposit with the treasurer OF th,
United States bonds bearing interest al
lAe rate Of per cent Per Rnnum, mgy
surrender Haid bonds 10 the treasurer OF
the UuilVi States 10 be cancelled unt
10 receive la lieu thereof an amount oil
national hank notes, which, added q
the amount VI notes heretofore ISSUED
l1 said bank, shall bo equal 10 Sl.2C
Tor each dollar specified In said bonds
SEQ. ., Any bank which shall sur
render ilB bonds In accordance viii
Tue fret section VI this acl shall there
alter bu anu remain exempt iron
lho tax at per cent now required K
DC paid ulol H. circulation.
Size. Q. Tho treasurer OF the United
States shall return 20 my bank which
huuCuGcTs IT. bonds, In accOfIaDc,
with lhu tlut section Of this act, th'
amount which mBy he IN the treasury
10 TIC credit OF such hank GA account
OF 10 redemption iund,
Sec. I. Tho United States hereby
assumes al notes Issued under the nrs
Wctiou OF this uct, nnd, in order q
Provide for the rupempllOn OF SAID
ho'e7, this secretary OF the treasury %
hereby directed to have coined Int
iaHdltd silver dollars all tho HilyGl
lalliOn now In thu treasury, except ~
much thereof rs may no sufficient e
redeem the COiu notes Issued under the
act Of July IAN, 1880, entitled, "Ar
ldt directing tho purchase Of bullion
aud The ifruu OF treasury notes there
W. anu lur her Turl Oses,N ana snit
hlvtr doiln'B snpll te reserved as
'ptolal iunu 10 rpdst m such OF sRil