The Republican., 1893-11-02
Our WASHINGTON LETTER.

pnent is 20 be very different rom
the compromise which week ago
scemcd to have been determined
uppn nv the Democratic Senators.
The Voorhees, bill is to be passed
without any amendment, although
Mr.. Cleveland endeavored to have
It dropped on account of its declar.
ation in faver of bi-metallism and to
A,ve the Senate pass the Wilson
Sill just as it came from the House.
Ever since the opponents Of uncon-
ditional repeal announced that they
would no longer throw any obstacle
m the way of taking - vote on the
Voorhees, bill one story has followed
smother in rapid succession. each
pretending to give the reason for
Che unexpected change. Some Of
these stories were interesting, but
20 absurd that it was easy to see
Chat their only foundation was
guess work. 1t is enough to know
chat the Voorhees, bill will certainly
become law during the present
week, without speculation upon the
cause OF the accomplishment of q
seeming impossiblity-that OF get
ting u vote upon it in the Senate;
the inside history of the whole busi-
ness will gradually leak out. But
Senator Germans statement of the
rason is being much talked about.
b. said in effect, that Senator Sher-
man, as the leader Of the Republi-
cans. and OF a majority of those
Senators who represented the repeal
sentiment, held the key to the stu
alton and dictated terms to the ad-
70 stration and the Senate. This
W. Certainly remarkable state
AcnC to come from man who IS
weerded rs one of the Democratic
h@.ors of the Senate, and if the
Democrats can get any comfort out
st.it surely noRepublican will object.
The Senate is now disposing of
Che various amendments to the
voorhees, bill, allowing Senators to
square themselves as best they may
With their constituents by remarks
on each Of them as they are taken
up, but it is the general belief that
they will all be disposed of and the
main bill be passed unamended and
sent back to the House by Wednes-
day at the latest, and possibly be-
fore then. No delay ls looked for
fh the House, although there may
De some trouble about getting a
quorum, If the silver men carry out
heir threat of no voting.
Senator Sherman made a very
Interesting speech on the financial
condition of the government in
which he stated that he had con-
sluded to introduce later on as a
separate measure his proposition au-
thorizlng the issuing Of 5000, ,O00,-
600 IN five year three per cent.
bonds in denominations of $50 and
Multiples thereof instead Of offering
It as an amendment to the Voor-
hees bill, as he had ut first intended.
He sharply criticised the Demo-
Gratis for not having provided for
en issue of bonds in the pending
Sill and said that the gold reserve
Fund was now being illegally en-
croached upon by the administra-
Gon to pay the current expenses Of
the government. He also posi-
lively stated that the Secretary of
the Treasury had no authority under
Che act of 1875 to issue bonds for
any other purpose than to maintain
Che parity OF United States notes
with gold. He said in conclusion:
"lf you leave the Secretary IN the
present condition of affairs unarmed
with the authority to,,borrow money
On the credit Of the United States,
You neglect your perfect duty when
Il Is plainly called to your attention.
Under existing law there is no power
10 sell any of those bonds except for
Che purpose of haying gold enough
10 redeem U. S. notes. And no
Secretary Of the Treasury will dare
issue either Of these species of bonds
a. Al and per cent even if the
law permitted HIM to do so." A
sensation followed Senator Buffers
ssking Senator Sherman if the Sec
retary of the Treasury had asked
for bonds and the latter's intima-
tion that he believed he had. 1t
staggered the Democratic Senators
who are kept in the dark as to the
intentions of the administration.
The news from Virginia is very
disquietlNg to the Democratic mau-
ayers. 1t seems that O'Farrall has
made his whole campaign on the
basis that the silver question would
!. be settled in Congress by a COM
promise, and now, according to his
own frantic kilograms to his Demo-
+. cratic friends, the prospect of un1
|. conditional repeal has knocked the