Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-04-18
1T WILL BE SIGNED
What representative Meyer Says Of His
Seigniorage Coming Bill.
1t Has Been Submitted to Secretary
Carlisle, Who is Satisfied With
the Measure.

Mr.. Bland's coinage committee met today
for the first time since the silver 3eignior-
age struggle and were treated to genuine
surprise. Representative Meyer Of Lou
isiana was present to urge his bill for COIN
ing the seigniorage and for low interest
bonds. and in doing SO he stated authori-
tatively that the measure had the approval
and was in part suggested by Secretary
Carlisle and in the judgment of the Secre-
tary would be signed by the President. To
this extent the bill was regarded as an ad-
ministration one and as satisfactorily over
coming the objections Of Mr.. Cleveland's
veto Of the Bland bill The members Of the
committee came together after many weeks,
no meetings being called after the Bland
seigniorage bill was reported to the House.
the veto of that bill There was a large at
tendance today, however Mr.. Bland being
In the chair. Representatives Tracey of New
York and Harter Of Ohio. representing the
anti-silver democrats, and Represen ntatives
c. w. Stone of Pennsylvania, Dingley Of
Maine. and other republicans were present
The Meyer bill was introduced some days
ago. but this was the first time that its
MIR. Meyer Explains His Bill.
Mr. Meyer stated that he had been op-
posed to the Bland BILL but had been i'm
pressed with the arguments advanced for
coming the seigniorage. The Presidents
veto had stated also that Mr.. Cleveland
was not insensible to these arguments, and
had stated that bill giving further au-
thortty to issue bonds would meet his ap-
proval. The bill under discussion, Mr.. Mey-
er said. was thereupon framed to come
exactly within the statement of the Presi-
dent 1t coined the seigniorage and so
amended the resumption act that 3 per
cent bonds would in future be issued in
lieu of the 4, 1-2 and 5 per cent bonds
Mr.. Meyer stated that he believed the bill
II passed could not consistently be vetoed
by the President.
After discussing the measure Mr. Harter
asked: rs 1t to be understood that this
bill Is satisfactory to the Secretary CT the
Treasury, and in his judgment will be sp-
proved by the President?"
Mr.. Meyer answered: "Yes, I can say
that the bill was submitted TO the Secretary
and 1t meets his approval and in his judg-
ment 1t will fully meet the views of the
President and receive his signature"
Mr. Dingley expressed some surprise at
this. as he said that the objections Of the
low rate bonds of the Meyer bill.
Secretary Carlisle Approves It.
Mr.. Meyer added: II did not wish to re-
vive the silver question II it was likely to
result in fruitless discussion and another
veto. The bill was therefore submitted to
Secretary Carlisle with the suggestion that
did not wish to introduce 1t unless there
was some assurance of it's approval.
Mr.. Carlisle considered 1t several DAYS
and suggested several changes. From these
the present bill was framed, which, in the
opinion Of Mr.. Carlisle. was broad enough
to meet all contingencies. 1 can therefore
state authoritatively that it meets the ap-
proval Of the Secretary of the Treasury and
in his judgment will be approved by the
President
The measure was discussed by the COM
mittee, but no conclusion was reached upon
It,