St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-04-19
CONCOCTED BY CARLISLE.
COINAGE MEASURE PROPOSED WHICH
GROVER WILL SIGN
SURPRISE ron A COMMITTEES.
Mr.. Meyer. of Louisiana, Presents
Bill for Coming the seign-
forage and for Low Interest
Bonds-He states That 1t w as
Revised by Carlisle. and Will
Meet Cieveland's approval.


Bonds-He states That 1t w as
Revised by Carlisle, and Will
Meet Cieveland's Approval.
WASHINGTON, April 1S.-Mr. BANDS
coinage committee met today for the
first time since the seignlorage bill
struggle, and was treated to genuine
surprise. Representative Meyer. of
Louisiana, was present TO urge his bill
tor coming the seignlorage and for low
interest bonds. In doing SO. he stated
authOritativelv that the measure had the
approval. and was in part suggested by
Secretary Carlisle, and, in the Judgment
of the secretary, would be signed by the
president. To this extent the bill was
regarded as an administration one, and
as satisfactorily overcoming the objec-
tons of Mr.. Clevelands veto of the
Bland bill. The bill, MIR. Meyer ex-
planned. provided for coming the seigu-
forage, but SO amended the resumption
that per cent bonds would in future
be issued in lieu of the ~ and per
cent bonds. After discussing the meas
ure. Mr.. Harter asked: us it to he un-
derstood that this bill is satisfactory to
the secretary OF the treasury, and, in his
Judgment. will be approved by the
presidents"
Mr.. Meyer answered: Eyes, can say
that the bill was submitted TO the secre-
tary and it meets his approval. and, i'll
| his judgment. it will fully meet the
| views of the president and receive his
signature" MIR. Dingley expressed
some surprise to this, as he said that
the objections Of the presidents veto
would not be met by the low-rate bonds
of the Meyer bill. Mr.. Meyer added
II did not wish to revive the silver
question, as it was likely TO result in a
fruitless discussion and another failure.
| The bill was therefore submitted to
Secretary Carlisle. with the suggestion
that l did not wish to introduce it unless
| there were some prospects of its APP
proval. Mr.. Carlisle considered it sew.
eral days and suggested several changes.
From this the present bill WAS framed,
which, In the opinion of Mr.. Carlisle,
was broad enough to meet all con.
tingencies. l can therefore state au
thoritatlvely that it meets the approval
of the secretary of the treasury, and, in
his judgment, will he approved by the
president" The measure was discussed
by the committee. but no conclusion
was reached upon it.
Secretary Carlisle was shown, at the
treasury department, the statements
made in the coinage committee. lie
| declined to discuss the merits OF the
Meyer bill. 1t is learned, however, that
the bill, as originally prepared, was
presented to Mr.. Carlisle. who, at Mr.
Meyers request. dictated a revision of it,
the presumption being that as revised il
met with his approval. 1t is not be-
lieved. however, that the matter has
been brought to the attention of tht
president. and whether he would ap
prove it if presented 10 him is problem
atical. The argument is made that the
presidents utterances in his message
vetoing the Bland seigniorage bill war
rant the belief that the Meyer bill
would meet with his approval.