Omaha daily bee., 1893-10-08
SENI TOR MINDERSON,S Ply.


Senator Charles +. Henderson recently
addressed the following letter to the editor
of the New York Press;
WASHINGTON, Oct. 2-Eou desire nv views
OF the chances for breaking the deadlock In
the senate, aud Of the chances for aud
nature OF a COMPROMISED Briefly the facts
are these:
fact There is no chance for the passage
OF a Cloture rule in the senate. The coudi.
ton that has obtained since 1906 will con
tlnue, and the senate of the United States
Will continue to he u deliDera tive BODY,
where the rights of u minority will be
guarded, and safeguards against nasty legis-
lation maintained.
Fact with the virile, vigorous opposi-
ton TO the unconditional repeal Of the pur-
CHASING clause of the act Of 1890 by the
senators who arc ir fayorof the free coinage
OF silver, a vote upon house bill No. | cannot
De had by consent, or forced by any process
known TO the rules or presidents of the
senate. Personally | would not vote for any
dliatory motion. or do anything to prevent a
vote that should show the wish of u major
itN OF the senate upon this important
question. There are many others in the
senate who would not lend themselves to
anything that approaches "filibusteriug,"
out there Is an active minority, earnest
and honest, who believe that dreadful
disaster would result from unconditional
rcpeal-a disaster not only deeply affecting
their own section, but ruinous TO the coun-
try at large. These gentlemen are ready to
go To any extreme OF personal discomfort or
ABUSE to do what they consider their full
uutY 10 their constituents and the country.
IheN can and will prevent "a vote, feeling
assured that a vote would show a majority
in favor of repeal.
Believing, as | do, that there should DO
use of both gold and silver AS the basis of
our currency, | have hoped that a compro-
mise of this question might be reached. |
am ready To vote for the repeal of the pur.
CHASING clause of the Sherman act, but he
fore doing so desire to vote for "A sale BIZ
metallic proposition. 1t is evident that the
only chance for a result at this extraordi-
nary session is by way of a compromise. The
game of give and take must be played, and
there is no reason why, upon a financial
question like this, there should not be an
adjustment of views.
a compromise involving tho following
principles would, | believe. commend itself
to the majority of congress, and giving as it
uoes, the use of silver with n limit of both
time and amount, and the fortifying of our
silver with an increased gold reserve, would
be safe while bimetallism attains the growth
IL is bound TO reach in foreign lands, cspe.
cially in England. The substantial elements
of this compromise are:
tlrst-The repeal of the purchasing clause
of the act of July, 1890.
Second-The purchase by the government,
at its market value, for three years, of p
600, coo or $500, 900 of silver each month, and
the coinage of such silver and its issue as
coin.
Third-Thec coinage of the seigniorarc now
In the treasury. amounting to about SOL
OOO,0OO, as subsidiary coin.
Fourth-rhe retirement of all notes under
So in amount.
fitth-The discretionary power in the
secretary of the treasury to issue bonds TO
maintain the equality of all dollars to the
extent of 500, 900, 900.