The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1893-08-08
WASHINGTON NEWS AND GOSSIP.
Extra Session of Congress-Dealing
With the Financial lPrOblem-StrOng
Sentiment for Repeal OF the Sher-

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With the Financial PrOblem-StrOng
Sentiment for Repeal OF the Sher.
man Act.
WASHINGTON, August 2.-Members
OF Congress continue to come In very
slowly, and there was some doubt ex-
pressed to-day as to whether there
would be majority of Democrats in
town in time for the caucus, which is
set for Saturday night at 8 O'Clock.
There was tonight not more than
forty members of the lower House in
the city, and less than score of Sena-
tors. Among the latter, Senator Teller
Is the most recent arrival, and he
comes fresh from the West, ready to
take up the fight for silver where he
dropped it at the close of the last
session. He sees no menace to the
the country in the existence of the
Sherman law, although he admits that
1t Is not what he wanted when it was
passed. He is emphatic in his opinion
that 1t cannot be repealed, at least
without some substitute, and says that
some months will elapse before the law
Is wiped from the statute book. Speak
ing OF the subject generally, Mr.. Tel
Ter says that the people of this country
are not afraid of the currency, and it Is
not fear that has caused the present
condition. That they have full conf
dence In the currency is evidenced, he
Ing it away and keeping It in all sorts
of safe places, thus withdrawing it
from circulation. Were they afraid of
the currency, as is argued by the op-
ponents Of silver, Mr.. Teller saws the
people would show their timidity by
getting rid of it and making invest
ments In something else. But this is
not what they are doing. Mr.. Teller
lays the whole trouble at the doors of
the bankers, who, he says, for the pur-
pose OF forcing an issue of bonds and
creating. sentiment favorable to the
repeal of the Sherman act, worked up
general scare and sought to establish
a general feeling Of distrust.
Senator Harris said to-day that the
Senate finance committee was ready to
go to work on the subject at O moments
notice. His personal views as to the
result OF the attempt to repeal the law
he refused to give, but added that
everybody knew he was friend of sill
YER as money metal. Mr.. Harris and
Senator Voorhees,, chairman of the
finance committee, had q long confer
ence yesterday, during which it is
supposed they mapped out a plan for
the work OF that committee. Mr.. Har-
ris believes there will be great many
measures introduced, and that the ma
jority of them will probably be in the
nature of compromises, looking to an
increase in the ratio, with u provision
for the free coinage of silver.
1t is probable that the Democratic
members of the Senate may caucus
about the middle of the week. to de-
termine the distribution of patronage
under the secretary of the Senate and
the sergeant-at-arms, but no call for
that purpose has yet been issued.
There may be q little delay in this,
owing to the fact that the courtesy
which exists among Senator'S will re-
quire them to wait the action of the
Republicans in determing what men
shall be kept as the representatives of
the minOritv