Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1894-02-05
The ELECTIONS BILL
Will Be Disposed of Soon
by The Senate.
TO RELIEVE THE TREASURY.
BANDS Bill For the Coinage Of The
Seigniorage Comes Next.

w
days OF this week in the senate will be
.akeu up with the federal elections Dill TO
the exclusion OF every thing else, except
.he routine morning business
The senate has agreed that the discus
hon of the bond resolution of Senator
Stewart, which, under ordinary circum-
stances, would havethe right of way up to
O'Clock of each day until disposed of,
will go over until Wednesday, TO per-
NIT the uninterrupted continuation of the
debate on the elections bill, upon which
the vote will be taken tomorrow after
noon.
The agreement provides that the SEN
ate shall sit tomorrow until this measure
il disposed Of. and in all probability it will
be observed. There is bare possibil-
ity, however, that the debate may
not be exhausted by that time,
and that the disposition OF IL will not be
accOmpli .hsd then, a. agreements Of this
kind in this senate are not always consid-
cred az violated In such instances.
There il also an agreement that the dis
cussion Of the bond resolution shall be
resumed on Wednesday, and the week Is
likely to produce several speeches upon
this question. IL is possible that the
Hawaiian resolution introduced by SEN
ator Turpie, from the foreign relations
committee, or the house resolution on the
same subject. which will probably reach
the senate during the week, will receive
degree OF attention, but it is hardly prob
able that much, II any. time will be given
IL, because of the other subjects pressing
for attention.
Before tho House.
The Hawaiian debate, Mr. Bland's bill
for the coinage OF the silver A,igniorage
In the treasury, the O'Neill-Joy contested
election case, and perhaps the fortifca-
ton appropriations bill, will occupy the
attention Of the house this week
BY an arrangement agreed upon just
before the house adjourned Saturday, the
Hawaiian debate Is to be extended until
$50 tomorrow, the special order for its
consideration being modified so AS to in
clude provision for a vote upon the
Boutelle resolution, as well as the Nc
Creary and Hit resolution.
The extension OF the time will serve the
purpose of definitely disposing OF Hawaii
In the house. Had the order not been
modified, IL was Mr.. Boutelle's intention
TO come to the front tomorrow with his
resolution. As IL was privileged question
II could not have been laid aside, and
might have resulted in additional COM
plications, SO that the Democratic leaders
concluded that the shortest way out of
the difficulty would be to agree to the
compromise.
As yet, no Democrat has broken over
party lines on the Hawaiian matter, as
far as debate Is concerned, and it seems
likely that tne McCreary resolution will
pass by practically strict party vote.
Mr.. Holman. however, Is still bent upon
Offering his resolution condemning the
action Of Mr. Stevens. How much DEM
ocrstic strength this resolution will COM
mand is still problematical.
To Relieve the Treasury.
On Wednesday Mr.. Bland will call up
| his bill for the coinage of the silver
| seigniorage in the treasury (amounting to
over So, ,OOO, ,O0O), that sum To be made i'm
mediately available, If necessary, to meet
the wants of the treasury by the issuance
| of treasury notes similar to those issued
| under the act Of 1890. Mr. Bland and
many of his Democratic colleagues who
are bitterly opposed to the bond issue
want TO relieve the treasury in this way,
| rather than by the issue of bonds, and IL
IL probable that during the debate there
will be heavy outcropping of criticism
OF the action Of Secretary Carlisle in 50
far as IL related to the use of the proceeds
Of the sale OF bonds to pay the current ex-
penses of the government.
The Republicans will take the position
indicated by the minority report that
there is silver seigniorage in the treasury,
the bullion against which notes were is
sued under the act Of 1890 not having
been coined. They will also take the
position that while the coinage value OF
the silver in the treasury IL sls1, ,gl4 96l
its actual value is but s97, ,l56, ,O52, or, in
other words, that the silver obligations OF
the government, coined or uncoined, If is
sued up to the full coinage value, as II
silver were at par (sl. 20 per ounce, would
only be worth about IS cents on the dol.
lar, and could only be sustained by the
credit Of the government.
Mr.. Bland expects that the debate upoI
his bill will not last over two days.
On Friday the O'Neill-Joy contested
election case will come up, and, If dis
posed of on that day, will be followed b,
the fCrtifications appropriation bill.