The herald., 1893-08-19
THE VOORHEES, REPEAL BILL
a ore Republicans Than Democrats Voted
to Repeal 1t.

* ore Republicans Than Democrats Voted
to Repeal 1t.
WASHINGTON, Aug. 18.-The votes by
which the senate finance committee re-
ported the Voorhees, repeal bill were
those of the chairman, Voorhees,. and
Senators Mcpherson, Morrill,, Sherman,
Allison and Aldrich, the last four being
Republicans.
The full text of the bill, omitting the
enacting clanse, is: 'Thst go much of
the act approved July IA. 1890, entitled,
AN act directing the purchase OF silver
bullion and to issue treasury notes
thereon, and for other purposes az
directs the secretary of the treasury
to purchase from time to time silver
bullion to the aggregate amount of
4,500, 900 ounces, or 30 much thereof as
may be offered in each month. at the
market price thereof, not exceeding 81
for 81. .25 grains of pure eilxer, and to
issue in payment for such purchases
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and the same is, hereby repealed, and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 to use
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 an international
agreement, or by such safeguards of leg
islation as will insure the maintenance
of Q parity-in value of the coins of the
two metals and equal power OF every
dollar at all times, in the markets and
in payment of debts and it is hereby
further declared that the efforts of the
government should be steadily directed
to the establishment of such q safe sys.
tenn OF bimetallism as will maintain at
all times the equal power OF every dol
lar coined or issued by the United States
in the markets or in the payment of
debts"
Senator Voorhees, will not, as he had
originally intended, ask the senate to
fix day for vote on the bill. He
said this morning that he did not think
q vote could be had on it for some time,
as there appeared to be disposition on
the part of the senators to debate the
measure for an indefinite time. He
will call it up next Tuesday, at which
time he will make speech on the
financial question generally.
IucI0 WoIo uU 66uhhtlOudi uof6lOp-
ments in the committee room. Both
sides remained firm and unyielding, the
minority, or silver men, 'contenting
themselves with the statement 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 a 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 feeling that Vests bill
establishing free coinage at a ratio of 20
to l, may possibly be successful. In
that event, even, they look for the final
triumph of the administration measure.
The two bills would then go
to conference, and in that stage
OF the proceedings the sena 9
could, without sacrificing it's dignity,
which it SO zealously guards, recede
from its position and adopt the bill of
the house. 1t 10 believed that the
members favorable to free coinage, hav-
ing by that time put themselves on
record, would be willing to vote to re-
cede, and that the straight repeal bill
would 60 to the presidents for his sigma
ture.