The Bessemer indicator., 1893-08-26
wa.hInCton Notes.

Secretary Carlisle has Informed Senator
voorhees, that It would cost SIZE sGj. .32l to
recon our present silver currency on basis
OF 20 TO /,
The Senate finance committee agreed on
Thursday 10 report n repeal bill to the Senate
1t was 50 decided by n vote Of 6 10 ), Chair
man Voorhees, casting the vote that carried It.
Mr Pence received q telegram from one of
his constituents, who eautoucd him to be a
little careful and not be too hard on Mr. Car
llsie, reminding him that sugar caught more
nles than did vinegar Nr. Pence replied to
this effect II nm not catching fies but
lighting hornets
Chairman Bland, when asked for an opin-
Ion a7 TO how his committee on coinage stood.
very characterlstlcally replied; Il don't
know. You cannot tell how fellow stands
nowadays. According to the way they used
to stand we would have majority of one for
free coinage, but how they stand nov, God
only knows" The committee on banking
and currency is said 10 be opposed to free
coinage.
As soon as the House reaches point where
the Introduction Of bills will be lu order, Mr.
Bell will Introduce the bill 10 ratlfy the agree
ment with the southern 1tes to exchange
their present reservation in Southwestern
Colorado to the new reservation in Utah This
bill was reported fayorably by tho House
committee Of the last Congress, but was not
reached The Colorado Senators wanted ac-
useless To again pass It by the Senate only to
lose 1t in the House, The bill was anita gon-
lied by the Indian Rights association through
{. e, Painter, It's agent, and by the Pittsburg
Cattle company, which was Interested because
of the great number Of cattle IL had ranging
on the [ tab reservation.
When asked for statement as TO the rea-
son which lmpeled the speaker to depose
him from the craftsmanship of the ways and
means committee, Mf. Springer said TO
say that ! nm surprised at my deposition
from the chHirmanship Of the ways and
means committee and appointed as chairman
Of the committee on banking and currency Is
only feeble expression Of the truth. | have
had no intimatlon from the speaker whatever
10 his failure to reappoint or as TO his in
tention to make me chairman of the other
committee. ! go from work to which
have given the best of my life to a committee
the business Of which have given but little
attention heretofore. know nothing Of the
motives of the speaker or the object that he
had in view. He has assured me that he de-
sired to do that which he thought was best
for the country and the Democratic party. |
hope he is not mistaken, but opinions may
differ. do not care 10 make a further state
mcnt at this time
In response to resolution of inquiry on the
subject of silver purchases under the act of
1890, Secretary Carlisle sent to the House of
Representatives a letter setting forth the fol-
lowing facts: August ~, 1880, to August l6
1893, the department purchased l6l, ,52l 600
fine ounces, costing $50, 600, 459 The high
est price paid was sl.2O4 an ounce on Aug
nst 20, 1880; the lowest 60 cents an ounce on
July "a, 1898 Treasury notes to the amount
of $50, | :, S9j have been issued In payment
of silver bullion, Of which s7l4, ,636 have been
redeemed in standard silver dollars and re-
tired since August |. 1893. Up to August !,
1893, s49, 1874 100 treasury notes have been re-
deemed in gold Thirty-six million, eighty
seven thousand one hundred and eighty-fve
standard dollars have been coined from bull
lion purchased under the act of 1890. On the
l4th inst. the government owned of silver
purchased under the net Of 1890, 1873, l61 ,375
ounces, costing 1921, 2l1,6 ,6U.