The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-01-04
CARLISLE WON'T HAVEIT
The Secretary Objects to His Pct Bill
Being Abandoned.
SPRINGER HAS HIS PLANS
The Currency Question In the
House Is Causing an interest
ing Bit of FilibusterinG
Among the Politicians.

WAsHESGToN, Jan. 3.-Ihe general
manner in which the currency debate is
to proceed in the house and be brought to
a close is practically settled. No rule has
yet been framed by the committee on
rules. but it is probable such n rule will bo
introduced on Saturday. 1t will fix the
limits at five minutes of debate and the
time for the final vote.
While no exact time has been fixed. it
is the opinion of Springer and others that
Wednesday, Jan. 9, at noon, will be tho
best time. In the meantime n caucus un-
doubtedly will he held. Springer thinks a
caucus will be held Saturday or Monday
night. The rule will not be presented un-
til the caucus has shown the desires of tho
majority.
One or moro substitutes to Springer's
bill will be introduced tomorrow and
their introduction will he followed by an
attempt either in caucus or in the house
to have them adopted as democratic
measures.
\ prominent democratic member of tho
house, who talked with Secretary Carlisle
yesterday, says the secretary is opposed
to having his bill, of which Springer is the
director, abandoned.
The debate started sluggishly. Mr..
Black denied that the banking and cur
rency committee had heard only tho ma
tional bankers while considering the pend
ing measure aud had turned a deaf ear to
all others. lie met and parrled tho criti-
cisms and gave a historical review of tho
financial doctrines of the presidents from
jefferson TO Cleveland, of democratic
presidents. Legislation had not caused
all the misfortunes under which the peo-
pie were suffering, he said. 1t might have
contributed to their misfortunes, and he
believed the passage Of the present bill
would contribute to these circumstance,
but he deprecated the feeling that for all
the ills and misfortunes of the people they
should turn to congress. Mr.. Blacks ad-
vocacy of state banks OF issue was ardent
but he concluded by expressing, amid
applause, the opinion that the only real
function of the government was the coin
age of gold and silver.
Mr.. Haughey, republican, Wisconsin,
who followed, opposed the measure. lie
referred to Mr.. Springer as the most agllo
member on the floor; as ono whose voice
| had been on every side of every question,
| and said the administration had made no
mistake when it elected him TO press the
proposition for flexible and elastic cur
| rcncy.
McCreary, democrat, Kentucky, took
the floor in favor of tho measure. Ho said
he had examined all the plans suggested
| for a reform of the currency and he re-
garded the Carlisle bill, as amended, the
best solution of the problem offered. Me-
Creary expressed the opinion that IN the
| event of tho failure of some currency lec-
| islation at this session Sl0J.0010 900 or $780,
100000 OF bonds would have TO bo issued.
"How would the passage of this bill re-
lieve the condition of the treasury ?"
asked Bingley.
McCrcary said that, as the endorsement
of the president and secretary of tho
| treasury had been given TO this bill, all tho
| members of the house should unite in an
| earnest and sincere effort TO reform the
currency and give relief to the treasury.
Adams, republican, Pennsylvania, OPP
posed the bill, attacking some of its pro-
visions vigorously. especially the revival
of state banks. While speaking of the
| depression in all enterprises, he referred
to tho decline of 20 cents a ton in the price
| of coal which, he said, had cost the people
| 8, 100000.
| Simpson, populisJ, Kansas, seized on
| this statement and asked Adams who tn is
loss fell on, the producers or the con-
| sumers.
ION tho miners. tho holders of railroad
shares. etc." replied Adams.
| "That's what intended to get att said
Simpson.
"Thc gentleman speaks for a class,
continued Adams, "legislation should be
for the benefit of all. capitalists, miners
and consumers alike"
"As the consumers are so much more
numerous than the producers" /" said Simp-
son, "the decline in the price of coal is a
benefit to the country"
"How about the decline in the price OF
wheat? Does 1t not benefit the con-
| sumer?n asked Adams.
1T ought 10 under proper conditions y
| responded simpson, but under the pres.
ent system after wheat gets through the
| milling and railroad monopolies, the con
sumer gets no benefit OF the reduced
price,
When Adams concluded tho committee
| arose, and the house adjourned.
| NICARhGlJ CANAL RII