The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1895-01-06
HEDGED IN WITH DOUBT
The Pending Currency and Bank
ing Bill.
WILL IT PASS THE HOUSE ?
Able Speech by Bourke Cochran on
Currency in General. Advocacy
of Mr. Boatner The Note
Next Week. May Be
Thursday.
BY Southern Associated Press


Feature of the debate upon the Cur
sency bill i'll the House to.
day was the speech of MIR.
Cochran, of New York. who
occupied the attention of the House
Tor nearly two hours, devoting him;
eelf largely to discussion of the
nature of money and currency, with
view 10 imprcssing upon the mem
bers the fact that the subject could
not be safely treated as Il party
question. The disposition TO SO
Great the bill, MIR. Cochran said,
was likely to lead to the wrecking
upon the rocks Of party expediency
q matter of great importance to the
administration people.
OF oil the plans proposed for re-
hevlnR the present condition of
affairs MIR. Cochran considered the
Baltimore plan the best, but he had
no hope that it could be enacted.
The Coombs bill he would vote for,
believing it to be step in the right
direction. He asserted that ii Con-
Rress could re-estnblish the currency
of the country upon basis in har-
mony with human experience and
without profit nor the end without
honor.
MIR. Boatner, who opened the de-
bate with a speech i'll fuvor of the
pending bill, described it briefly as
@ measure intended to take the
shackles OIL the banking interests of
the country and to permit them to
perform untrammelled the functions
sor which they were organized. He
seviewed the history OF the financial
iegislation OF the past twenty years,
and asserted that the policy of the
government of paying it's obliga-
iions IN gold had received the assent
81 not the support of the Democratic
party.
Speaker Crisp said at late hour
ahls afternoon that vote would be
taken on the banking bill next week
and the expectation Is that it will
not be delayed longer thnn Thurs
day or Friday AT the latest. There
as considerable speculation regard.
aug the fnte of the measure. MIR.
Springer, of Illinois, aud Mr.. War.
ger of New York, who arc two of
its staunch supporters, believe that
it Will carry. Other gentlemen.
nowever, insist that it will be
beaten.
Those who argue thus are inimical
20 the measure, but IN some cases
even these will vote for it. Gene
rail- y speaking tue Eastern Demo
erats, with few exceptions, will OPP
pose the bill.as Will also the extreme
silver men, the Populists and Re.
Puollcans. 1t is believed that If the
republicans are out in force on the
DAY when the vote is taken the bill
Will be defeated.
Mr. Sperry. of Connecticut, is
hot satisfied with the measure,
although his original objections have
Oeen neutraized to some extent bv
certain amendments made TO the
Dill at his suggestion. He frankly
says that he does not like it even
now, and has not, ms yet, decided
what his attitude will be, but in all
probability, he will vote for it.
Representative Tracey, of New
York, Is another Eastern Democrat
who has not rs yet reached II con.
clusion regarding it's merits. The
number of these gentlemen who are
uncertain as to their votes upon the
measure, Is very considerable. They
are III many cases, however, strong
administration men ana are likely
In the end to give the bill their ap
proyal for dislike of antagonizing
o measure prepared by the Presl
dents Secretary OF the Treasury.
1T IS understood that at the caucus
pm next Monday afternoon num-
per OF short speeches will be made
In opposition to the bill by gentle
men who declined to take that posi
Zion regarding 1t in the House.
Ihe supposed Ivithcr.' Eanirs.