The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1894-12-15
NO 20

deferred holding their caucus unt;i
next week so IA to give the Senators
t'me IN which 10 decide what ia to be-
done, or attempted at this session.
ihat the democrats in Congress are
""'ng some hard thinking on the Fl
hahcIal plan proposed by Secretary
Casiisie and endorsed by President
Cleveland is shown by their reluctance
{" commit themselves at this time
-i'her for or against the proposed
plan. The short time at their dispo-
sa' VIII, ofcourse, increase the chances
against the ADOPTION of such compre.
hensive financial measure. although
mere Is a disposition on the part of
the Southern democrats to try to psss
OIL embodying that part ofthe plan
mat provides for the exemption of the
currency of such State benks as may
adopt the regulations provided, from
Federal taxation. President Cleye.
land says lie considers the plan pro-
posed by Secretary Carlisle as the
most statesmanlike financial document
ever submitted to Congress. and that
ne proposes to stand by it to the end
OF his term.
A subcommittee Of the House com
mittfe on Banking and Currency was
appointed at the last session 10 CON
slider the numerous bills before that
committee, aud to formulate either
from them, or as an original measure.
something to take the place of tho ua-
tnnai banking law. Representative
Cox, of Tennessee. is chairman OF this
subcommittee. and the other demo-
cratic members are Cn.b-rtsnu. 4
Texas. and Cobb. Of Missouri. the To-
p"blicans being Brosins, at Pennsyi-
wanna. and Haugen. of Wisconsin. Mr.
Cox says the subcommittee will hold
daily meetings until it has agreed TO
some measure to he reported to tho
rnH committee or has demonstrated
the impOssibility Of reaching snch an
agreement. In addition to the finan.
cial bills introduced at the last session,
the subcommittee will consider the
plan for increasing the currency of tile,
National banks and for the exemp-
ton of the State bank currency from
Federal taxation, under specified c0u-
dltions. proposed by Secretary Car
Isle and endorsed by President Cieve-
land. Unless there is very decided
change in the attitude Of members Of
the committee, there is very little pro-
liability of an agreement being reach
ed, m"re's the pity, for something
ought t" te done.
Chairman Bland, of the House Coin
age committee, says he will endeavOr
to get that committee to report his
free coinage bill to the House. and
that If the committee does so, the bill
will certainly pass the Honse. While
It Ia known that n majority of the
Coinage committee favor free coinage.
there are several Of them who would
not vote to report the bill to the House
ut the last session, because they knew
i could not possibly become . law.
Whether any Of these gentlemen have
changed their minds remains to be
seen.
The "Press Claims Co." of w ashing
ton, we'll known to the publishers OF
the country through its schemes to ob.
tain advertising, is once more before
the courts, a. defendant, in a suit
which has been brought by Kansas
City publisher, who wants $40 in
cash for the advertising he has done
for the ''Press Claims Co.." instead OF
the worthless shares of stock in that
which he says were misrep-
resented when the original contract.
which he now wants Cancelled, was
made. The suit IS against John We'd
derburn. manager Of the "Press Claims
Coz and William Hearst, Of the "Ex-
aminer Bureau of Claims Mr.. Hearst
has no connection with the cOnce rn,
he having III a suit against Wedd err
bum repudiated the whole business.
but he was at one time associated with
Wedderbnrn, or rather his name and
that of his paper, the San Francisco
Examiner, was in the Examiner Bn-
reau of Claims; )" hence his figuring in
the present suit.