The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-09-27

propose to make necessary a new
system which shall recognize the fact
that the rule Of courtesy is no longer
an adequate one for the government Of
certain senator's
Mr.. Teller said as there were many
senators who desired TO speak upon the
subject before a vote was taken he did
not consider it incumbent upon him
10 attempt to say what time would be
required for the future discussion of
the subject He gave notice that when
the daily sessions were extended into
the night the advocates of the bill as
well as its opponents would have to be
Mr.. Hill asked whether Mr.. Teller
was not satisfied that there was ma
9ority of the senate favorable to repeal.
Mr.. Teller replied that this was a ques-
ton which Mr.. Hill had no right TO ask
and which he would decline to answer
explicitly. When the sense of the SEN
ate on this question had last been taken
the majority had been almost two-thirds
against the measure and would not in
suit the intelligence of the body by pre-
Stunning that il had changed so COM
pletely In so short e. time.
Mr. Mills for Repeal.
Mr.. Mills then took the floor. He
quoted at length the clause of the demo-
cratic platform of 1892, declaring for the
repeal of the act and for the preserva-
showing
that in demanding the repeal of the law
and insisting upon an international
agreement. he and the president were
acting in perfect accord with the require
ments OF the platform. He declared that
in doing what he had done. the presi-
oent had shown that he stood squarely
upon the platform with both feet. Re
plying TO the plea that If silver was TO
be recognized as money at all, il would
have to be done before the Sherman law
was repealed, he said he did not agree
with the suggestion that the president
would do nothing If this law were out of
| the way and declared he would not agree
TO do anything that would cast such
suspicion upon the president as would
| proposition to substitute another law
for the present. He said that the presi-
dent wanted bimetallism, not the mo-
nometallism Of silver.
Talk of a. Compromise.
There is strong talk of compromise on
the silver question in the senate tonight
and the indications point to the posi-
bility of an early vote in that body
This talk is based upon reported init
nations given by the president that he
is willing to accept a moderate compro-
| mise in the nature of the continued
coinage for a specified time of so much
| silver per month until a specified
| amount is reached. The president is
| represented as willing that silver shall
| go into the repeal bill as rider, but
| that II must be passed subsequent to
| the passage of the unconditional repeal
| bill An assurance that he would sign
| the supplementary bill might satisfy
| some of the compromise advocates, but
! the free silver men even though they
| were to acquiesce, would probably in
| sist on the compromise being incorpor-
| ated In the original bill. They would
| probably not agree to take any chances
| on subsequent act.
The reported limitations from the
white house Of a willingness To accept
anything at all short of absolute and
unconditional repeal has revived the
| talk of an early settlement of the battle
in the senate whether it eventuates in
anything or not.
MIR. Squire's Amendment.
In the senate today Mr. Squire OF
| Washington submitted an amendment In
the nature of a substitute for the repeal
bill 1t provides that silver bullion may
be deposited at any mint to be formed
into standard dollars of the present
weight and fineness Ito be legal tender)
| for the benefit Of the owners but there
| shall only be paid to the person so de-
posting IL such number of standard sill
yer dollars as shall equal the commercial
| value of the silver bullion deposited The
| difference, if any, between the coin value
and the commercial value shall be re-
| tanned by the government as seigniorage.
| The coinage shall not exceed 81 600 600
| per month, and when the gross amount
| reaches 5000, 000, 900 it is to cease The
| dollars thus coined are to be legal ten
/ der.
The senate finance committee at its
meeting discussed informally Senator
| Morgan's bill for a commission COM
| posed of members of both houses Of con-
| gress and also in the same way took up
| Senator Faulkner's amendment to the
| bill for the repeal of the purchasing
| clause of the Sherman act. Neither
measure met with any great favor at
| the hands Of the committee.