Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-08-02
COMING IN SLOWLY.
Senators and Representatives Not
Arriving in Great Numbers.
THESHERMAN BILL MUST Be REPEALED.
Views of Two Members on the
Probable Action Of Congress.
TO RESTORE CONFIDENCE

The Representatives and Senators are
still coming In slowly, apparently desiring
to postpone as long as possible taking up
the work Of Congress. There is practically
no interest in the contest over the officers
Of the House, except that Of candidates
themselves and their personal friends.
Members don't talk on the subject and
seem to care very little about 1t. Every
one seems to have his mind fixed on the
work Of the session with a very serious
appreciation of the responsibilities upon
him. and 1t is quite remarkable what a
coincidence there is as to what is liable to
be done. Notwithstanding the great vari-
ance Of theory and opinion on the great
financial questions which is uppermost in
the minds Of ALL With the arrival of new
members 1t becomes more and more appar-
ent that there is a disposition to take a
conservative view of things and to prevent
violent discord II possible. The idea Of a
compromise with very liberal concessions
on the part OF silver men seems to be up
permost. Members generally insist on bi-
metaliism. but are willing to concede that
silver should stand on its intrinsic value
to great extent and not to depend so
much on fat for its coin value.
Against n Silver Basis.
Representative McKaig Of Maryland, who
porter that he would stand firmly in his
old position of antagonism toward anything
that looked like bringing us to a silver
basis. He said that he thought the Sher-
repealed Internationally. His opinion was
that resolution should be passed suspend
ing the operation of the law and then that
enough time should be allowed to elapse
to give an opportunity for a study Of the
results and then legislation on the financial
situation should be based on the necessity
ceased of operation. In other words, he
thought that some time should be allowed
to elapse before any other financial legis-
Sherman law. mo one can tell" he said,
Just what the effect Of the financial leg
isiation Is going to be. No one knows to-
peal of the Sherman law. If you remem-
Der, during the last Congress- before the
% vote was taken on the free coinage silver
free coinage bill was passed by the House
there would be a general decline in the
stock market. When the vote was taken
might have been that the stocks would go
up. but quite the contrary. Stocks went
down after the bill had failed as 1t had
been predicted they would do IL the bill
To Restore Confidence.
Representative Barwig of Wisconsin.
who arrived this morning. said to a Star
reporter that he believed that this Con-
gress would relieve the financial situation
In so far as 1t was in the power of Con-
gress to effect affairs By legislation. He
believed that the legislation of this Con-
gress would be such as to secure confidence
and to that extent the situation would be
relieved. The people OF Wisconsin. he said,
did not care very much about silver but
were anxious for a sound financial system.
They wanted the Sherman law repealed
Internationally, he said, leaving further
financial legislation for mature considera-
ton thereafter. He said that while they
didn't care anything about silver. he pre-
sumed that there would be general acuui-
escense to any proposition for a coinage of
that metal which provided for a dollar 8
worth of silver in each coined dollar.
On the subject of the repeal of the state
bank tax he said that his people were
somewhat apprehensive. During the cam
paign the democrats In Wisconsin had
been compelled to meet the charge that II
the democrats were successful there would
be restoration of the old wild cat bank
system. While personally he did not be-
lieve that the repeal of the state bank tax
would lead to wild cat banking, yet there
was no doubt but the farmers and other
conservative people were apprehensive that
1t would, and they would look with a great
deal Of fear and suspicion upon the prop
osition to repeal the state bank tax. He
said that the people of Wisconsin were
looking for a substantial and proper re-
vision and reduction Of the tariff.