The Bessemer indicator., 1894-02-17
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nearly seventy million dollars worth
Of bonds.
On the 7th the Senate passed the
bill repeating the laws providing for
federal supervision Of elections. The
vote was 80 to 2S, Democrats and Pop
ulists supporting the bill.
Representative George W. Houck,
of Dayton, Ohio, died suddenly FRI
day afternoon Of heart disease. MIR.
Houck was apparently man OF robust
constitution and his death was en-
tirely unexpected.
1t now appears that the Behring
Sea decision is unsatisfactory to both
our government and that Of England.
One trouble is that no penalty is
named for violating its provisions.
The two governments are trying to ar
range the matter.
The House judiciary committee has
voted in favor of reporting to the
House resolution for an investigation
into the course of District Judge Jcn-
kins in restraining the employees OF
the Northern Pacific railway from
quitting work. The vote was seven to
six.
Representative Tracey of New York,
one of the anti-silver leaders, says that
a bill for the unlimited coinage of sill
yer would not pass the House. He
points out that quite number OF anti
silver Democrats, like Mr.. Riley Of
Pennsylvania, favor the seigniorage
bill because they think it will dispose
of the silver question for the next five
years at least.
Mr. Bland states that he has never
agreed, as stated in some of the public
prints, to striking out the second sec
tion of his bill which provides for
the coinage of all the bullion in the
treasury, aside from the question of
raising revenue. He regarded the
second section as more important than
the first. ''lf we are to deal with the
bullion in the treasury, said he, let
us deal with it as whole"
The strength developed by Mr..
Bland's silver scigniorage bill leads to
the belief that another movement will
be made for unlimited silver coinage
US sequel to the passage of the seign-
forage bill Quite a number of mem
bers who voted for the repeal Of the
purchasing clause Of the Sherman law
have told Mr.. Bland that they
would like to have free coinage brought
to an issue again in order to reverse
their former position.
Carroll j.. Riker, the Chicagoan who
attracted some attention recently by
putting in bids for the $50, 900, 900 of
government bonds called for by Secre-
tary Carlisle, filed petition in the Su-
preme court of the district to compel
Secretary Carlisle to issue $50, 900, 900
in bonds to him according to the terms
of his bids. The secretary, on recciv-
ing Riker's proposals, which we're ex-
traordinary, investigated his financial
status, and as result of the inquiry,
ignored the Riker proposals. Riker
says he will push the case.
After hard fight Mr.. Bland sue
ceeded in getting quorum of his own
in the House on the Sth and the bill
to issue certificates against the
seigniorage in the treasury and after
wards coin it was taken up. The anti
silver men then agreed to stop filibus-
tcring, and the bill will be considered
in the usual way. The Democrats will
endeavor to hold caucus to come to
some amicable conclusion on this bill
and at this caucus the effort will be
made to strike out the second section,
which will limit the coinage to the
seigniorage alone.
Members of the Senate finance COM
mittee say there has been great deal
OF misinformation sent out about the
fine when the tariff bill will be re-
ported to the Senate. ltis claimed no
time can possibly be fixed for report
ing the bill until the full committee
comes together. Besides the bill is
not to be reported from the sub-com-
mittee, and the members of that com
al -
The only thing that seems to be set
tied definitely is the intention to make
the bill provide sufficient revenue for
the government, and to this end arti-
cles will be taken from the free list and
increases will be made in some direc-
tiOns.
a new turn was given to the silver
question Monday in the House by Mr..
Bland announcement that he would
move, at later day, to amend the
pending bill, so that silver certificates
would be issued only as fast as silver
dollars were coined, with the added
authority to the secretary of the treas
ury to issue the certificates in advance
OF the coinage if he so desired. This
change is designed to overcome one of
the main objections of Secretary Car.
Isle to the bill. This objection is
shared by members of the House to
such an extent that the passage
of the seigniorngc bill was in doubt
The change now proposed by Mr. Bland