The morning call., 1894-02-07
HE RODE WITH BLAND.
Secretary Carlisle Caught in
Unusual Company.
However, 1t Subsequently Developed
That He Did Not Favor Coming
the Seigniorage.

WASHINGTON. Feb. 6.-Secretary Car
Isle. accompanied by Representative
Bland. appeared before the House Com
mittee on Judiciary to-day. 1t was devel-
oped later that the Secretary's visit with
Bland aid not mean that the former in
tended to lend his influence 10 the passage
Of the segniorage bill. They had met
Casually at the Secretary's Office. and as
Mr. Bland was going TO the Capitol, Car
Isle accompanied him for the purpose of
talking over the Bland bill with the silver
leader. Their talk brought out the fact
that the Secretary was not strenuously
opposed TO the coinage OF the selgnOriage,
although he did not approve of some
propositions in the Bland bill by which
this added silver coinage was to be Sc
cured. 1t is understood that the Secretary
pointed out flaw i'll the first section of the
bill, which Bland himself conceded should
be modified. The section provides:
The Secretary Of the Treasury shall immedi-
ately issue silver certificates in al amount
eoull TO seigniorage of silver bullion, to wit:
500, 1864.
Carlisle pointed out that the mandatory
provision was hardly necessary, as current
expenses might not require the compul-
sorry issue of such large amount of silver
certificates at single stroke.
Bland said he had appreciated this point
and was ready to offer an amendment
when the bill was taken up by which the
Secretary would be given authority to
issue silver certificates as circumstances
demanded instead of being compelled to
issue them In blocks Immediately.
Tracy (D) of New York has made pre-
liminary canvass of the House which sat-
isles him that the seigniorage bill Will be
defeated by eight or ten votes If the fun
mem bership can be secured; but this
Tracy does not expect. He is ready, how
ever 10 raise the point of considera ton
against the bill, and this may delay debate
on it.
Senator Allen introduced treaty bill
repeating all laws enacted relating 10 the
coinage or use of silver since January ],
1873, and re-enacting all laws relating to
silver and in force previous to that time
authorizing and directing the issue of
United States legal tender notes and pro-
interest bearing bonds.
MANCHESTER, Feb. 6.-At the annual
meeting OF the Bimetallic League to-day a
report was presented which declared that
greater progress in the movement in Great
Britain was necessary. This was the only
barrier to the adoption of common in ter
national standard. Sir David Barbour
SAID the greater the delay in the settle
ment of the question the greater would be
the obstacles TO be overcome. Resolutions
were adopted declaring that the only
remedy for growing evils was bimetallism
on an international basis. at a common
ratio to be mutually settled.
NEW YORK, Feb. 6.-Tbe steady decline
in silver the past few days has excited
little comment among New York dealers.
Henry Clews said this afternoon the de-
cline was merely the result of the law OF
supply and demand. The buying Is al
most entirely tor export for use in arts,
and until the supply is made more nearly
equal to the demand the price will continue
to fall.