The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1893-08-10
BLAND'S NEW SILVER BILL
1T WILL FULLY EMR0DY THE VIEWS
OF THE SILVER MEN.
Bland Condemns the Law For Giving the
Secretary Discretion in Purchasing Sill
Representative Henderson
Has New Coinage Ideas.


congress meets as it becomes practical
BILE, Mr.. Bland, leader of the silver
forces in the house, will introduce a
bill embodyipg the views of the silver
men. 1t will provide for the repeal of
the Sherman purchasing act and sub
stitute therefor free coinage of silver
at the present ratio of 16 to l.
The attitude of the treasury depart
ment in refusing to buy silver was arbi-
trary and uncalled for, Bland said, but
there is no ground for talk. The Sec
rotary could not be impeached. The
law gave him the discretion he was
exercising and that was one of the
mistakes of the law that was, as he
looked at it, full of mistakes.
Representative Henderson of North
Carolina has a plan for readjustment
of the silver question that he holds
out to be satisfactory to persons who
wish to see the Democratic platform
declaration carried into effect without
creating a division in the party. AS
the platform calls for equal treatment
of gold and silver, and as some Demo-
Gratis do rot deem it safe to provide for
free coinage of silver he would with
draw that privilege from gold and
provide for the coinage of both metals
on account of the government ex-
clusively. This might be accom-
plished, he thinks, by passing bill
requiring the absolute purchase of q
certain proportion of metal each
month and the coinage of the metal
purchased. Congress might from time
to time change these proportions as
the needs of the country seem to re-
quire and thus adjust the circulation
to demands.
TEXAS BANK RESUMES.
WASHINGTON, Aug. 4.-Comptroller
Eckels has authorized the Farmers
National bank of Henrietta, Tex, to
resume business!
REPUBLICAN CAUCUS.
Representative Henderson, chair
man of the Republican caucus, has
issued a call for a caucus Saturday
evening.
PLENTY OF CURRENCY.
WASHINGTON, Aug. 4. - Treasury
officials say the treasury is prepared to
supply all the small currency wanted,
and lack of such currency in certain
sections of the country is accounted for
by the supposition that all money is
scarce or banks have failed to procure
of the treasury small notes needed for
home consumption. 1t is stated at the
treasury department that there is no
likelihood of a resumption of the issue
of gold certificates until free gold
stands from $1,000, 900 to $4,000, 900
above the reserve.
BEHRING SEA ARBITRAToRS.
WASHINGTON, Aug. 4.-Private adj
vices as to the movements Of the Behr-
ing sea arbitrators from Senator Nor
gan say it will be impossible for him
to leave Paris before Aug. 10. From
the language of his cablegram he
SCI ms doubtful whether the arbitrator
will finish their duties even then.
ABLE-BoDIED PENSIONERS,
WASHINGTON, Aug. At is learned
from the archives of the pension bu-
reau that Deputy Commissioner Bell,
who made numerous statements con,
demnng the disability pension of
Judge Long and others, is himself in
the same boat. Up to May 81 he
drew $l2 q month. The decision of
Assistant Secretary Reynolds, which
placed able-bodied veterans beyond
the pale of pensions, was rendered
May II. On the 3lst Bell resigned his
pension.