The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-12-30
ITS FATE SEALED.
Little Probability Of the Carlisle Cur
rency Hill Passing the House.


Special To the Indianapolis Journal.
WASHINGTON, Dec. 29.-Representative'
Culberson of Texas. a member of the bank
ing and currency committee, has carefully
studied the situation i'm the House as re-
CARDS the probability of the passage of a
currency bill, and as the result of his IN
vestigation states that the Democrats are
about evenly divided the subject, and
that unless the Republicans come to the
rescue of Chairman Springer there will be
currency bill at this session. AS Mr..
Culberson knows very well that none of the
Republicans will vote for any bill that in
wolves the possibility of free State banks
under any circumstances, his statement is
equivalent to the confession that the bill
will not pass. In this view Mr.. Culberson
is supported by Mr.. Sperry, of Connecti-
cut another Democratic member of the
committee.
Chairman Springer. indeed. is about the
only member of the committee who claims
10 believe that the bill now before the House
or. indeed. any other bill constructed on
the lines of the Carlisle plan, can pass the
House. Mr.. Springer in confidence admits
the error of his former haste: Many Con-
sressmen who were TIns 10 t Ilndy Ioow
by Mr. Springer on the floor. in the hope
OF eventual reward, have been discounted
BY the spectacle of the chairman of a COM
mittee advocating one bin on the floor of
the House and at the same time carrying
g.. his pocket the draft of substitute for
that very measure. The Eastern Democrats
are particularly shy OF the free-State-bank
clause OF the bill. and will undoubtedly vote
with the Republicans for any amendment
TO strike out that Objectionable feature On
the other hand the Southern and western
TO propitiate by the free-bank sop. are be-
traying distinct apathy. Indeed. since Mr..
Cuiberson has assumed his attitude of ndif-
ference If not absolute hostility, TO the
bill. not even the Southern and western
Contingent be entirely relied upon, for
the great majority of those statesmen IN
Variably look 10 Mr.. Cul5erson TO form
their judgments OF the merits or any Bill
that is not their own peculiar anair
Much is hoped from the caucus whicn
will be called shortly after Congress recon-
home for the holidays, and will undoubtedly
learn something of the sentiment OF their
constituents whilst AMONGST them II Is De
coming daily more evident that the. oniy
point on which all factions oil the party can
agree is the proposition tnat the gov
eminent ought in some way 70 De taken
out of the banking business. On no otner
proposition will a score of members agree
Mr.. Culberson recognizes tnat iaSts anu TOT
that reason he will submit 10 the caucus
his rian for an issue OF sufficient iow-rate
bonds 70 redeem all legal tenders and thus
obyiate at least the greatest uiinSu,.y ,hs.
rorr hammers the treasury Mr.. CuiberSOh
Guarded Statement of the deiicate conutio OF
~ the pending bill, interpreted. as IL IS.
irto Confession of failure. IS regar1eu as
Tie forer1,nner of the announcement tnat
an extra session is one or the strong prop-
abilities Of next spring