New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-12-21
Colgate Il Co.'s
Perfumes
For Holiday Presents.
CARLISLE BACKING DOWN.
PREPARING TO SUGARCOAT HIS CUR
f.E\CY BILL.
He APPEARS TO BE CONVINCED THAT IT CANNOT
PASS IN IT'S PRESENT sHAPE-ThE
DEBATE YESTERDAY.

since Secretary Carlisle. in secret conference WIN
the Democratic members OF the committee U" Dan"
ing and Currency advocated the programme OF
haste and supnression for the Currency bill In the
Touse of Representatives. Ell you do not put the
bill through In substantially its present FORM oeioic
the holiday recess II Will die in the Senate ana a'
attempt TO float another issue o. $5ncw~o OF "oV-
.rnn,en, bonds must be made before Washingtons
birthday" This was the alternative submitted 10
tho majority OF the Banking and Currency Commit
foo nv the Secretary of the Treasury, ana on the
following day that obedient majority Unanimously
voted to ask the Democratic majority OF the Ooi'-
mittee on Rules 70 bring into the House ana force
tho adopt,on of special order that would compel a
final vote on the Administrators scheme OF cur
rency reform" Friday. without permitting any
opportunity for fair discussion, consideration OF
amendment AS soon as this precious scheme "as
exposed in The Tribune OF Saturday It's late was
sealed. on Monday morning Speaker crisp ana Ms
fel;ow-trumvirs who ~ule the House OF Representa-
tives had learned enough 10 convince them thal 'he
Administration programme was an imposs'oie on''
and a halt was called No special order was ior'n-
coming from the Committee on Rules lhen loio"eu
the first days deba.e. at the conclusion Oh WHICH
the Administrators currency reform scheme was
in badly bedragged and completely demoranzed
condition.
ut couldn't survive Springers explanation OF IT,
was the pithy and at the same time comprehensive
comment OF Judge Culberson. OF Texas. meihpe' VI
the Committee Banking and currency IL was
onnarent to almost everybody at that time mat 'he
bill could not pass the House until 1t had undergone
many and material notifications. IL indeen IL Co"'"
mass In any form. Glaring and grave deiec's were
discovered in every section and In almost every he
and hostile critics spontaneously arose III every
quarter TO denounce IL. Hali-pakeu' '''"' was
too complimentary an adjective TO Apply u '.'
scheme which Secretary Carlisle had dictated IN '''
form of bill! to his stenograpner ei'hei "''V'o
breakfast or after breakfast on the morning 'ha'
hefO he
and Currency to explain. defend and advocate II AZ
a specific not only for all the Ills wh'ch a"n'' '''
currency system Of the country. put aIso i'' "'o
grave disorders that affect the National hhthce9'
He apparently did not discover the perm 10 WIZ"
his pet scheme was exposed until YESTERDAY morn
,o Union I, is understood he advised Speaker
Crisn not 10 bring in any special order before 'ne
holiday recess curtail general debate OF po'."
the Offering and discussion or amendments nv
seemed TO realize that the only hope or passins Any
currency measure whatever was through ue'iY
Last night found the bill in a more crluca s'At'
,ban ever It's surface had been so SCARED by nos
tile and unanswerable criticisms. ana us i''ne' w
formtIes had been so thoroughly exposed 10y '"'
nroh,nes Of Democrats as well as Republicans that
ts few friends were almost ready to ABANDON I" W
&c fate Even Chairman Springer realized tha'
unless something could be done 10 moderate 'he
,o,a ~ criticism and remove OF the more OBJ
iec,,onable features OF the measure It's fate wou'd
he sealed Where TO begin TO amend 'he VA ""'
how far to go were questions when "e'e 'i"'"''
discussed in A long conference between himsen anu
| the Secretary Of the Treasury. Inc natter se'"'
| ~ have heen in a most compliant mood and ready
| 70 surrender ali matters which ne resardeu an vi
noressental detail and also to yield some points
which ne regarded Of considerable Important
After the ground had been traversed as coihp'e'e'S
ard thoroughly as the Secretary and the chairman
! could do at sitting. II was apparent u "ot" Va
| them that II would be exceedingly difiicult II not
| ne
NJ separate amendments. and that II would be Oe'-
| ter If not indeed absolutely necessary 10 o"e' "
| substitute for the bill. which II had al hrs' oee'
designed 10 force through the House OF i'ePlese"'"
| tlves under a gag rule. What form the substitute
will take remains to be seen. but enough II KNOW"
20 Justify the assertion that II will closely follow
| tho lines OF the pending bill. none Of the main anu
more Objectionable provisions of when VIII DE- c'''
mated or sacrificed In other words serious az
temnt Is TO be made to sugarcoat the scheHe' 30
that the House be persuaded 10 swallow H.
Whether the substitute will be offered before the
ho,,dav recess seems to be rather doubtful despite
the professed desire and anxiety OF the Admihs-
tration to have all the features OF the measure open
n public inspection and discussion during 'ha'
| period.
| So pressing did the emergency appear. however
| that as soon as Mr.. Sperry. OF Connecticut CON
o,udod b,s sneech to-day Chairman Springer called
| a caucus of the Democratic members OF the Bank
! ing and Currency Committee Secretary CARLISLE
| attendance was requested, but previous e"saee
ment kept him away. and the conference went Vi.
| without HIM Various amendments were suseeS'''
and dscussed--in fact. there was such discussion
| and compa rison Of views as ought TO nave TAKE"
MACE before the bill was brought into the House
on a litter" II is probable that other conferences
will be held before the proposed SUBSTITUTE Is pei
mitted to see daylight. The feeling among ieauihs
Democrats who listened to Mr.. sperry's speech
which they unanimously pronounced the suohseS'
haen
matter was brought into the house-"as ,,an ~
would be both inexpedien ana unwse ~ ,he, ~
debate ought continue as long az might oe heces
sary to present the subject IN an OF de-
cisiye action until next year Inc sen,iiieiis .,
Of Funding the LEGAL Saena AZ treasury has
found Judgment in unexpected quarters ana SEEM
to be constantly gaining strength in the House ,1
! Mr. Snerry's speech to-day was generally REGARDED
az an exceedingly able one ana IL p Tonuocr
! Who heard IT, His criticisms Of certain provisions
Of the pending bill were severe bna al"
his evident desire TO aid in doing everything posi- ISL
bic TO strengthen the National FINANCES ana t in
'H %as tha1 Of man who studied h'
10 deal With dth' an intelligent
i spirit. and 1t was one OF the rev Sc, spsan,.
lives it was speech which even the president .Sni.a
OF the United States and his Secretary Oh the Treas
Mr sperry spoke generally in support Of the ne, pl
The staebank feature Of the bili ne said alo no
! a part Of the bill, If amended as he believed !
| should be- He criticised the provision OF the OIL
! which changed the form. value ana amount %
security deposited notes already issueo an
| asserted that Congress had not the constitutlona
| Dower to make the change. He would move U
amend the bill by making Its provision In this regar'
appIy to notes hereafter to be issued ana leave IN
ssri,Iyltv for notes already out undisturbed. Th'
abolition OF the. Redemption BureaS IN Wasnin as
| ION was also objected to by Mr.. Sperry: az
| in favor OF the BIN he said but think j snoul'
| he amended In the particulars named ii should D.
permissive IN character ana supplement 'he Na'''""
I Bank law" A., o,o,,
Later, in response to question by Mr Biacl
| Dem Gal Mr.. Sperry said that with these pro
| Visions unchanged. IN his opinion, the Bill woul'
fall of It's purpose. a colloquy sprang up betwse,
Messrs Sperry and Bryan Dem, Eep), IN Whici
the former said that III present gold was realiy a
! a premium. because banks and business men pre-
ferred It 10 silver In their reserves and accounts
and this WAS due 10 the fact that there was IN