Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-09-05
WAITING FOR A VOTE.
Uncertainty Of the Time Which the
Senate Will Take.
Mr. FAULKNERS PROPOSED AMENDMENT
Coming the Seigniorage Discussed
at the Cabinet Meeting.
A ESSAGE TO BE SENT.

The uncertainty OF the situation in the
Senate is very well illustrated in the con-
Trajectory opinions held by the Senators,
who are usually well informed, as to the
length Of time 1t will take for a vote to be
reached on the Sherman bill. A number Of
very well informed Senators are willing to
stake their reputation for judgment on the
statement that vote cannot be reached
inside Of three or four weeks On the other
hand, report comes from the inside that
vote is to be forced before the close of
next week. Mr.. Voorhees, gave notice that
he would tomorrow call for the meeting Of
| the Senate at II O'Clock. and there is an
evident determination on the part Of re-
peal men to force matters as much as pos
sibie. The difficulty in the way of hasten
ing the procedure there lies in the fact that
great deal Of time can be consumed in
ieSlumate speech making without disclos-
ing any purpose to filibuster. 1t would be
regarded as dangerous thing to attempt
to cut off legitimate debate. AS long as
senators have speeches to make and argu-
ments TO present the methods of the Sem
ate Will not admit of their being cut Off
but the managers will insist on long ses-
slons each day, and on every moment of
the time being occupied in the discussion,
without any obvious waste of time.
when the Screws VIII he Put on.
The very moment that the silver men
make it apparent that they have said all
that they have to say in argument on the
question, and that they make it obvious by
diiatory speeches and reading from volumes
matter that does not properly relate to this
discussion that they are engaged in a d.
rect hiibuster, the screws will be put on
ana an attempt made to force vote. How
long the silver men can talk without dis
closing purpose merely to consume time
is question. 1t is quite obvious that
whenever they can with propriety do so the
repeal men will force vote. When the
time arrives for them to take this step they
Will insist upon continuous session of the
Senate night and day until a vote is reach
ed. and 1t is believed that two days of con-
tinuous session would break down fill
buster. Mr.. Faulkner, who will speak
Friday on the silver question, has a propo-
sition to amend the Voorhees, bill, which he
believes can be carried after it has been
properly considered by the Senate, and
which, he thinks, would, If adopted, end the
fight of the silver men against the bill.
His proposition is to call in all notes I'M
de- SlO to coin all the silver bullion in the
treasury, and then continue the purchase
ana coinage of silver at the rate of S3,0O,oW
month until the volume of silver money in
the country has reached $500, 00o, 600 when the
coinage Will cease. There Is now about
s600. Goa. eco of silver in the country. including
all the coins of all sorts and the bullion in
the treasury. So that his proposition would
involve the ultimate purchase in coinage
of 500 100000 more 1t is understood that
ditional repeal men favor this proposition
and that silver men generally would ac
cept it.
Discussed at Cabinet Meeting.
1t is understood that at the cabinet meet
ing today the question under discussion was
whether or not the President should at
once send the message to Congress asking
for legislation giving the Secretary of the
Treasury authority to issue certificates
again and coin the seigniorage silver bullion
IN the treasury, which would amount to
some fifty-two millions of dollars.
The treasury Is very short of money and
Mr.. Carlisle is anxious to get as soon as
possible. this additional supply of available
cash. But the administration is appre-
hensfve that If the matter should be brought
before Congress before the passage of the
voorhees, bill by the Senate. 1t would be
used by the silver men as an instrument
to delay action on the Voorhees, bill
The President talked the matter over
with some of the leaders in the Senate last
night and the conclusion arrived at among
them was that it would be bad policy to
bring any matter before the Senate until
after they had acted on that before it. 1t
Is believed. therefore, that the decision OF
the cabinet council was that the President
would not ask Congress for any legislation
as to the seigniorage just yet awhile, but
that every power should be used to get
through with this other fight speedily. If
it were not for the fear of the matter being
used to delay action on the VOORHEES, bill,
a message asking for authority to coin this
s~igniorage would be sent to Congress to-
morrow.
A Message on SeiGniOrage.
As soon as the Voorhees, bill has been
acted upon, however. If the condition of the
treasury does not compel 1t sooner a mes
sage will be sent on the subject of the seig-
niorage and 1t is probable that Congress
will be Informed. either by the Secretary of
the Treasury Indirectly or by the President
himself of the favorable disposition of the
administration toward the proposed repeal
of the 10 per cent tax on state banks.
The statement that Secretary Carlisle is
in favor of conditional repeal of this IL
per cent tax Is said to be incorrect. His
position is stated to be that of favoring the
simple repeal of the tax, 80 as to restore to
the states the control of the question of
state bank circulation.
FINANCIAL AND COMMERCIAL.