The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1894-02-09
SILVER SEICNIORAGE.
1t Is Now Before the House Com.
mittee of the Whole.
VICTORY FOR CONGRESSMAN BLAND

His Bill to Provide for the Coinage Of the
Silver seisniorage Now In the Treasury
Has the Right Of Way In the Lower
Body.
WASHINGTON, Feb. 9.-The deadlock on
Mr.. BANDS silver seigniorage bill In the
house was broken after four hours Of con-
tinuous filibustering yesterday when, by a.
vote of l76 to 4, the house carried Mr..
BANDS motion Of going into committee
of the whole for the consideration of his
bill. The eastern Democrats and the great
mass OF the Republicans made a deter
mined opposition, but Mr.. Bland was at
last victorious On the final vote twenty
six Republicans and all the Populists
voted with him, while twenty-five Dem
ocrats who were present Joined with the
remainder of the Republicans In refusing
to vote.
1t was thoroughly understood that quite
a number Of the Democrats who voted
with Mr.. Bland yesterday afternoon were
in favor Of certain notifications of the
bill, although they would not carry their
opposition to the extent of voting against
its consideration, 1t is also well known
that Secretary Carlisle and the admins
tration generally is opposed to the bill in
its present form. After the consideration
of the bill began Mr.. Carlisle appeared at
the Capitol and had conference with sew
eral of the leading Democrats of the house
as well as those Democrats who were man
aging the filibuster, and just before ad-
jourment the announcement was oflici-
ally made on the floor by Mr.. Tracey
that no further attempt TO filibuster
Al \ IL ~
be made.
This is taken to mean that a compro-
mise has been agreed upon and that GER
tain concessions will be made in line with
the suggestions of Mr.. Carlisle, who,
while he is represented as not being
against the coinage of the silver seignior-
age In the treasury, yet insists that dis
cretionary power ought TO be lodged with
the secretary of the treasury about issu-
ing the seigniorage either in the form of
certificates or of coin, so that it would
not be injected in lump into the circu-
lating medium of the country. lie main
tains that 1t would he as injurious to put
out $55, 900 900 suddenly as it would be to
ithdraw that amount from the circulat
ing medium. lie is also opposed, it is
understood, to the second section of the
bill, which makes mandatory the coinage
of the rest of the bullion in the treasury
and the redemption of outstanding treas
ury notes under the act of 1890 us fast ms
the coinage takes place.
The right of the secretary of the treas
ury to issue United States bonds at this
time was again the subject of controversy
in the senate. The resolution of Senator
Stewart came mp under the rules, and a
motion made by Senator Butler g. CO. To
refer it to the committee on the judiciary
provoked lively opposition Senator Quay
took decided stand in favor of disposing
of the matter in open senate instead of
giving it decent burial by referring it
to committee from which II would never
emerge. and intimated that Senator Sher-
man gave to the country an apparent jus
tification of Secretary Carlisle's action,
when the Ohio senator clearly knew it to
be illegal.
A strong speech was made by Senator
Teller in which he depicted the deplorahle
financial condition of the country, and
called upon his Republican colleagues TO
bear their full share of the responsibilities
of the hour, and not attempt to throw
upon the dominant party the entire bur
den OF devising remedies for the impend-
ing panic. The resolution finally went
over, and Senator Berry called up house
bill compelling the Rock Island railroad
to stop at the Oklahoma town sites in
stead of seeking to build up rival towns
on sites owned by the road. No final vote
was reached on the bill, but Senator
Berry will urge it again at the beginning
of next week. The senate resumed its old
practice of adjourning from Thursday I'M
til Monday