New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-12-15
BY TELEGRAPH TO THE TRIBUNE,

washington Dec. 1.-THE Administrations
.chene OF currency reform" which has been
PATCHED by equity president, and pliable Sec
rotary Of the Treasury in ABOUT as short time
az n takes a hen TO hatch a brood Of chickens is
% he reported to the House OF Representatives on
Monday or Tuesday in the form in which it was
admitted 10 the Committee on Barking and Cur
,sncy four days ago. This the virtual de-
csion of caucus of Democratic members Of the
oommt,ce held this evening at which Score
AIRY Carlisle was present So far as can be
.scertancd he made no attempt whatever to
answer any OF the objections that have been 50
sorcibly urged against Various provisions OF the
measure by men whose advice has been sought
and who were qualified by experience. study and
raining to offer it, nor did he himself offer any
suggestions 10 modify the scheme in any particu-
lar. Indeed, it does not appear that he was
asked 10 do So All that he did to offer sug-
sss,ons based on his experience Speaker of
the House Of Representatives as to the parlia-
mentary management Of the measure and the
steps necessary to be taken to force final vote
un,n II before Christmas. and to lay bare the
lean condition and threatening prospects of the
National Treasury. Something must be done
and done Immediately to avert Disaster was
his injunction
Tbe rapid depletion Of the gold reserve this
rock seems To- have unnervad the Secretary, and
be is clutching at every straw. That the pro-
vision made by the bill which the majority OF
,ts committee is placed under bonds to thrus;
bsfore the House without any consideration. and
4, the face # objections and disapproval from
avery source entitled to respect will bring no
relief now OF in the near future. when relief
s. .psms 10 be Instantly demanded seems To make
m difference to the who is charged with
the responsibility Of administering the finances
Of this great country
THE "CUCKOOS' SUBSERVIENT.
Haste" Haste he cries after candle-l!ght
and after more than year has been wasted
with no sign # attempt 10 do anything TO
rescue the finances of the country from the
most critical situation in which they have been
found since President Buchanan left the White
House. The Secretary did not find 1t difficult 70
carry his points tonight The State bank ad-
yocates were caught by the features which
promise flood Of cheap banknotes TO be used
10 fruct!fy their resources by means Of loans
on real estate that may be valuable sometime
but Is unstable and unproductive now The
"CuckocA-Springer Warner and one or two
others whose political future is behind them.
n Use an apt HiberHianism. unless the Admins
tration shall provide for them-of course were
ready to obey orders
The session was not altogether harmonious
however.
land me&ber Of the committee and one or two
others p'o;ested against undue haste anu
against the proposition TO report the bill forth
With without even allowing the minority time 10
file their views in opposition 10 the measure:
They also suggested that II would be proper an i
decent for the committee before reporting the Dill
10 amend 4 In some particulars IN which IL was
generally admitted to be defective. Their pro-
tests and suggestions were about as effective
as though they had addressed them 70 street
laappost II the programme outlined to-night is
carried out the bin Will be reported 70 the House
without the dottng OF ".'' the crossing or
a.r"sof far as changes or notifications are con-
cernd
AN INSULT TO THE BANKERS.
The hearings have not even been concluded.
and the proposed action Of the majority OF the
enmttee Is not only gross violation OF pro-
rety but an insult TO the bankers who have
BEEN invited and are expected 10 appear oeiore
n committee tomorrow, as well as 10 those
who have already appeared and submitted areu.
ments and criticisms, some or WnlcH nave ho' Se'
even been printed
What course the minority OF the committee ahc
o, the House Of Representatives will adopt re-
mains 10 be seen At first blush II would seem
that II A discredited majority persists In forcna
the programme that was outlined tonight, IN Al
majority ought 10 be compelled 10 furnish botn
the quorum and the votes to carry out It's nefar:'
ous nurpose II there ever was time When
currency legislation demanded calm. dlspas'
siorate and careful consideration by the n )ust
OF Represe natives IL Is now. and any atteHp
m force through a partisan scheme which Il
comics sedlv defective and imperfec; ought. II pos
sjbe m be thwarted in the opinion OF many con-
ssrystive. thoughtful and patriotic men, IRE
spective Of party