New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-12-01
CRISP ON THE OUTLOOK.
HE THINKS THE PROSPECTS FOR GEN
ERAL. LEGISLATION GLOOMY.

SOMETHING; SHOULD BE DONE TO CORRECT IhE
PRESENT VICIOUS FINANCIAL SYSTEM
WAITING TO HEAR FROM cLEvE-
LAND AND CARLISLE
Try TELEGRAPH TO THE TRIBrSEI
Washington Nov SO.-rhe Den ocratic leaders VINO
have arrived in Washington appear TO be all at sea
as wesas considerably divided in opinion IN regard
IN a programme Of legislation for the session oil
Congress which will begin on Monday TO none Oh
them does the prospect appear cheerlui anu MUS
of them to regard /; as almost hopeiesS' Eve"
Sneaker Crisp who, although not so strohs al
ontmist as Springer is-or was until NovemDer u
usually sees the bright side Of things regards the
nrospcct Of general legislation as rather gloomy.
In conversation to-day he said among other things
that It was exceedingly desirable that there shou'
be some legislation at the coming session LOT re-
organization and permanent adjustment oil the cur
rencv system but he feared that not so much
could he accomplished as the we'iare vi INC eo"'
demands He continued
am not prepared to predict what. If anything,
may be done at this session but IL must ou az
narent TO every one that the present SITUATION
Should not be permitted to remain long Whatever
suggestions the Administration has TO mar W' VI
awaited with great interest. Whether or not M;
carlisle will present proposition which VIII meet
with general approval no one can say h,c , nuts
II in the power of any to depletc the Treasury
Of gold and to compel the % ,h issue TO Of bonds
is vicious, and should be corrected as Spee""' %
possible.
"Do you think that the recent issue OF bonds is
likely 10 lead 10 any action to provoke discus
sion by Congress-" he asked. and he replica
The matter is very apt TO be dlsGuss nsblo 't ~
whether it will lead to any action ! am uma a,ee
say have talked the subject with inemo ,t
of the House There is difference OF conS ST No
OF the law between the Secretary o, dhe fcy
Which bonds may be issued. The Judiciary Com.
mittec reporting the subject have decaren 'H 1
REDEMPTION purposes Mr.. Carlisle has held that the
money derived from the sale OF bonds may d, us,,
for other purposes. II may be that .'as r', M,
issue of bonds will excite controversy over Una,
% fb judiciary committee ut last session. ana
ii Is not improbable that the committee VII Sd.t
nnscs are But regardless OF what justification
there may be for the issue OF bombs unie, .'e
Correction Of "A system which renders such conhi-
lions possible.
So far as Speaker crsps own Views In regard 10
currency Icgislat concerned. 1t - well known
that he is a strong advocate OF the free ana I'M
limited coinage Of silver at ratio OF II To l. ana
also of the repeal Of the 10 per cent tax on Sta'e
bank note circulation \ remark dropped 10y MN
in relation 10 the Nicaragua Canal seems |" lhi'-
cate that his views that subject have Undergone
so,no Modification within the last few months. le
said:
# seems to mo tia, there Will prehah:y be- an
erIori made to DO somcfhnc with the Ni'afiena
canal am NOT familiar Win a., ,h ,h ,h thst
~ some other mrasur, dealing with this subject -
81 iii, and the Anti- Options bin which tho Zen
ate should dispose Of h'fof" inc 'l'-'. 81 w
,,on ~, ,'rorramTc arranged and everything
depends upon what the general i'''HN - WIZ" W.
al get together
Judge rrlsp appears f. share the general i'm
oresson that none Of the rppgu" bills for the free
admission Of raw material viii pas the S'h"''
and he doe. not think that VII he NECESSARY 70
becausr The present law vii produce abundant
revenue when u gets int" fun operation