Evening journal., 1895-02-12
CARLISLE TO EXPLAIN.
Appears Before the House Ways
and Means Committee Today.
HOPE OF A BOND BILL REVIVED.

II Is Possible That the Republicans May
Unite on Some Compromise Plan with
tho Democrats Considers Some
Resolutions-Debate Takes Wide Range.
WASHINGTON, Feb. l2.-Tho house COM
mittee on ways and means hold another
conference over tho presidents bond mes
sage and again adjourned without any
conclusion. but with brighter prospect
for agreement ahead OF IL. Today Score
tary Carlisle will appear. it Is expected
with the contract for the sale Of the forth
coming bond issue to settled the question
which arose Monday.
Democratic members OF tho committee
prophesy that Republicans will unite with
them upon plan. This belief Is based ON
no definite statement from the opposition,
but on the general demeanor Of the Re
publicans and the sight OF Nr Reed In
conference with Mr.. Cochran for an hour.
The Republican contingent took small
part in the proceedings, and individually
its members are diplomatic In speaking
Of their Intentions II Mr.. Reed has ar
rived at any understanding with the ad-
mlnistration men, as was freely rumored,
he has done It, his colleagues soy, on his
personal responsibility.
Most Of tho time during tho day was
consumed in n discussion Of a plan offered
by Mr. Cochran TO meet the present emer-
gonoy and possible exgencios OF the future
which would confer largo discretionary
powers upon the executive branch OF tho
Rovernment He made it as a verbal prop
osition. but after the meeting reduced the
plan to writing and will present it today
in the following form
Mr.. Cockrans Proposition.
Whenever it appears to the secretary Of
the treasury that an additional supply Of
gold or silver is necessary to the treasury
10 enable ID to maintain the parity be-
tween the various coins and forms OF
money OF the United States as required
by law, the said secretary is hereby au-
thorlzed TO procure such gold or silver Al
may be necessary for that purpose by issu-
ing therefor obligations Of the United
states conditioned for the return OF like
quantity of the same metal as may have
been thus obtained and for the transfer tC
the holder Of such obligations Of an addi
tional amount OF said metal not TO exceed
per cent Of the whole amount thus oh
tained
Mr.. Bynum withdrew his resolution II
Difference to Chairman Wilson's plan
which covers in part the same ground, enG
Mr.. Wilson has amended the form OF hi
resolution by adding a clause which stipu
lates that none Of the proceeds Of the bone
issue shall be used to defray current OK
pensss of the government The chang
was designed TO meet the objections utter
cd by Republicans at the former meeting
but their views upon IL were not elicite
during the session.
Another change was made in Mr.. vii
sons resolution by leaving blank tn
term Of the bond Issue, and a aquestion wa
raised whether the contract with the bank
ers did not stipulate for 30 year term.
The exact terms Of the contract were no
known by any members Of the COMMITTEES
and Mr.. Hopkins, Republican, made
motion that Secretary Carlisle be invite
TO appear before tho committee and el
plain the contract, which was carrieC
The Republicans asserted that they had
right to know the terms Of the dooumen
Earlier In the meeting Mr.. Cockra
made a speech IN favor OF his proposition
claiming for It that it will not discrim
nate against either metal Mr. Bryan
Nebraska asserted thad It's intent was sol
ly in the interests Of gold.
Among the Democratic members Of u
committee who were listed as doubtful
A oonclliatory feeling made itself manifes
and it may result in an agreement X
publioans say that their course cannot
: decided upon until the Democrats presei
4 some definite measure 70 them.