The silver state. [volume] (Unionville, Nev.) 1870-1903, 1893-08-19

the votes by which the bill was re-
pealed are Chairman Voorhees, and
Senators Mcpherson, Morrill,, Sher-
man, Allison and Aldrich, the last
four being Republicans. The full
text of the bill, emitting the clause
that SO much of the act approved
July 14th, 1890, entitled San act di-
recting the purchase of silver bullion
and the issue of treasury notes there
on, and for other purposes" as di-
rects the secretary OF the treasury to
purchase from time to time silver bull
lion to the aggregate amount OF A.
100000 ounces, or SO much thereof as
ma be offered in each month, at the
market price the. .eof, not exceeding
one dollar for 81 25-I00ths grains of
pure silver, and to issue in payment
for such purchase treasury notes of
the United States, be and the same
is hereby repealed. And it is hereby
declared to be the policy of the
United States to continue the use of
both gold and silver as standard
money, and to coin both
gold and silver into money of
equal intrinsic and exchangeable
value, such equality to be secured
through international agreement or
| by such safeguards of legislation as
will insure the maintenance of the
parity in value of the coins of the two
metals and equal power of every dol
lar at all times in the markets and in
the payment of debts. And it is
hereby further declared that the ef-
forts of the government should be
steadily directed TO the establish
ment of such safe system of bimet-
allism as will maintain at all times
equal power OF every dollar coined or
issued by the United States in the
markets and in the payments OF
/ debts.
Senator Voorhees, will not, ,as he had
originally intended, ask the senate
/ to fix a day for vote on the bill.
He said this morning that he did not
think vote would be had on it for
some time, as there appeared to be d
disposition on the part of senators to
debate the measure for an indefinite
time. He will call it up next Tues
day, at which time he will make a
speech on the financial question gen.
orally.
The were no sensational develop
ments in the committee room, but
both sides remained firm and un-
yielding, the minority, or silver men,
contenting themselves with the state
ment that they would carry to the
senate the fight that was hopeless in
the committee. There has been some
quiet talk among the anti-silver men
of the committee as to the chances
for vote and final action on the bill,
and it is ascertained that while
they feel pretty certain that
the bill can pass the house, they
appear by no means sanguine
of the senate. There seems to
be a feeling that the bill of Vest,
establishing free coinage at the ratio
of 20 to /, may possibly be successful.
In that event, even, they look for the
final triumph of the administration
measures. The two bills would then
go to conference and in that stage of
the proceedings the senate could,
without sacrificing its dignity which
it SO zealously guarded, recede from
its position and Adopt the bill of the
house. 1t is believed that the men,
bers favorable to free coinage, having
by that time put themselves on re-
cord, would be willing to vote to re-
cede, and straight repeal would 60 to
the president for his signature.
Vest on behalf of the minority of
the finanace committee, presented
substitute for the repeal bill. The
substitute fixes the number OF grains
Of silver in coins at 464 lilo pure sill