Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1893-10-17
POWER OF MINORITY.
/. will Be Shown 10 the Ssttle@sni si the
Silver Question

/ W ASfiNGToN, Ocf- lb.-Ehe silver sltua-
fion remains unchanged A day Of rest
from weary silver speeches and attend
snce at the capital has given senators an
opportunity for the interchange Of views,
.ad an attempt to agree upon some plan
u action for this week
There have been conferences of a more
D. less informal character going on, but
they have resulted in nothing As yet the
opponents Of repeal have not been able to
present any proposition which would
meet with the united support Of their side.
while no plan which does not have such
united support will be successful.
| The repealers and the administration
are doing nothing. A member of the cahi-
net outlined the position Of the admins
| tration by saving that there was nothing
| for the administration to do.
As to the matter of the rules there is no
belief that any change will come within
the Immediate future, despite the intro
duetion of several amendments intro
duced recently by members who want the
senate governet. by rules which will en-
| able the majority 10 control debate within
what they conceive to be reasonable limit.
The time for modification of the rules
will not be ripe in the opinion OF practiced
observers, until the consideration of the
subject can be entered upon without pas
sion.
As to the silver question, the common
expectation is that some compromise will
be brought forward on the Democratic
side and be pressed To a vote at the earliest
possible moment just when this mo-
mena will arrive depends largely upon the
nature of the forthcoming compromise,
for If it is not acceptable to the silver
Republicans and Populists they can and
probably will put many obstacles IN the
way of lis enactment into law.
The probable course Of events mean
while is a continuance of the debate for
few days at least. The debate has as
sumed IA more interesting character since
Senator Jones began his speech Saturday,
and promises to revive a tagging interest
in the subject. Probably Mr.. Morgan will
follow Mr.. Jones. but the order of speak
ers has not been definitely arranged
During the continuance OF the debate
there Will be fair opportunity for look
ing to the expected compromise.
Important Business on Hand.
A vote will be reached by consent of the
house at O'Clock this afternoon upon Mr.
McCreary's bill to amend and modify the
Geary Chinese registration act. Mr.. Nc
Creary says there is no doubt OF the pass
ing of the bill, provided a quorum be pres
ent and vote.
Immediataiy after the vote on the
Chinese bill has been announced Mr.. Cox
of Tennessee will call up his bill fer the
better regulation of national banks. which
has been favorably reported from the
committee ON banking and currency. He
will probably not ask consideration of the
measure until Tuesday. The bill provides
That no national bank shall make any loan
to its president, vice president or any persons
in its employ until the proposition to make
such loan shall have been submitted in
writing by the person desiring the same 10 a
meeting of the board of directors or executive |
committee of such board, if any, and accepted
and approved by majority of those present |
constituting n quorum. No bank shall per-
nit its president, directors or other persons ia
its employ TO become liable to it by reason of
overdrawn account.
1t is also provided that schedule of all |
such loans shall be reported to the comp |
troller of the currency. Not much debate |
is anticipated on this bill, as Representa-
tive Warner, member of the committee, |
is the only antagonist the bill has so far |
seen. Representative Hepburn of Iowa,
who was solicitor Of the treasury under
the Harrison administration, commends
the measure.
After the bank bill is out of the way
the bill to establish Il uniform system of
bankruptcy throughout the United States
will be taken up, and its consideration
will doubtless exhaust all the remainder
of the week.