Asheville daily citizen. [volume] (Asheville, N.C.) 1890-1900, 1893-09-27
FEB. VANCE INTERVIEWED
FREE COINAGE on AMENDED
FAULKNER BILL.

1t WIFI Be ImuOssible To Repeal
The Sherman Law UncOnditiOn-
allV, and There Must ne Some
Compromise.
WASHINGTON, Sept. a. Senator Vance
is one of the most interesting takers in
the Senate. In discussing the situation
with me today, he said:
II think undoubtedly that this bill will
never pass without amendment"
But the unconditional repeal men
have a majority-what are you going to
do about that"
IA majority in tie last Congress
wanted to pass the force bill. I believe
in the rights of a minority. l can't say
that the minority have determined to
talk indefinitely, but the longer they talk
The banks are very angry and are threat
ening to give another little squeeze,
because the Senate Is not in hurry.
The longer we are In passing bill. the
less pressure from the public because the
people cannot help but see that the Sher-
man law had little or nothing to do with
the hard times we have gone through,
and that prosperity, notwithstanding
the existence of the Sherman law, is re.
turning and business is resuming all over
the country. The pressure is only kept
the pretenses they are making"
"Do you believe the free coinage Sena-
tors can force compromise ?" l asked.
81 do, most emphatically"
"Have they any idea OF yielding to the
pressure of the administration ?'
mo, sir. We have no idea of yielding
to any pressure of the administration, or
to the banks"
The administration will have to meet
you half way?"
Yes, sir. Mr.. Cleveland will have to
meet us half way, or else, we will all stay
at home. He wants unconditional re-
peal or nothing. He calls us here In
extra session, and says repeal this bill
pointing us to the platform requiring
its repeal; and we say, will you put some,
thing else on in accordance with the
platform No, he says; it must be repeal.
Well, we say, wont upcrmit something
to 60 with the repeal? He says nothing.
Mr.. VOORHEES,, when asked, has nothing
to say. The closest man to the President
on this question, the Secretary of the
Treasury, when asked what will come
after repeal is silent. Why, we would be
pretty set of fools to blindly repeal the
Sherman law without knowing what is
to come after. 1t unreasonable. Reason
will tell in the long run and our consist
ency will see that. The president deals
in mystery and rather gives it out to be
understood that it is not becoming i'll
him to say what he is going to do. We
are not going to allow that repeal bill to
pass without moving he consequences.
Are all the other silver Senator's a.
| determined 3"
"There are a number of men who arc
| as strong against repeal as am, still dc
not care actively to filibuster, but wher
1t comes to the pinch, will vote. Yes, the
| free coinage Senators are determined II
this fight. They will not be bull dozet
into passing the repeal bill without an,
understanding"
ION what would they compromise ?"
"They would take FauIkner's amend
ment with little trimming up, extend
ing the amount to be coined to a thous
and million and then stop. | would b'
willing to do this because that woult
furnish us with enough coin. Faulkner!
amendment provides for the purchas,
and coinage of $9,0OO,0O0 of silve
| monthly until the total amount OF silve
L
100000"
Would you accept compromise pro
viding for the coinage of all the bulioI
now in the treasury? ?"
Now, that would not be accepted b.
the silver men. What we want Is tn
continued coinage of silver. The slve
in the treasury is now represented b.,
these treasury notes and. therefore, tn
fcoinage OF it would only be in complanc
with the Sherman law, which provide
for the coinage of sufficient of it to re
deem the notes when presented. To coli
this silver would not increase the volum
of currency. We want to do that. There
fore, we will not accept such an Offer
What we went is either the free coinag
of silver or the continued purchase an
coinage of silver up to $SOO,00O,O00 o
81, 900, 100000.
What in your opinion will be the re
suit of this contest ?"
II think we will win the fight. Th
very moment that the President sees tha
he cannot pass this bill unconditionally
then we will see what he will do. A
long as he thinks he can do just as b
pleases he is going to do nothing. Som
of our men, who want an amendment
will probably pursue the same course a
members of the House did. Should a
the amendments be voted down, the
will vote for repeal"
DO you think you will pass som'
| amendment ?"
"Oh, yes. On some one amendment "
will have majority. am sure of tha
The administration Senators are veal
cning. g."-Atlanta Constitution.