New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-01-10
THE Currency BILL KILLED.

Some casuists have argued that II Is not muir
der to put out Of his misery one VINO can oy
no chance recover. Mr. Outhwnite ac'eu on
that idea in doing 10 death the currency Dill
for which Il prominent Democrat h'd ue"Nereu
the funeral Grafton two days ago mat Tue o'l
as il stood doomed all leaders saw, Dut tue
chance of amendments was not exhausted MI
Reeds remark that the Committee on Rules hid
evidently desired 10 kill the bill merits more
thought than any mere jest however hltlhg'
There was only six majority against the rule
offered which could not have been more III
ceniously contrived TO make the bill aS many
enemies as possible. Had decent opportunity
been given for either Of several important
amendments the rule would have passed be
yond doubt though the bill might afterwaih
have failed under the surgeons knife. lf The
committee knew what ii was doing. ana MT.
Reed is not prone TO accuse his opponents OF
shrewtness which they lack, there was delio-
crate purpose TO prevent amendments or The
bill even al the cost Of killing II.
Two explanations are possible Perhaps the
Administration was determined AZ any cost 10
prevent another direct vote OH the silver qles-
ton Perhaps the State bank men. seeing mat
their pet measure. was likely 10 be cut out or the
bill, preferred that II should fail. In any case,
il was a question Of partisan policy with Demo
erals and they have 10 bear all the RESPONSE
bililv. Az Mr. Reed urged. if the Republicans
had been permitted 10 vote first on amendments
excluding the dangerous State bank provisions.
they might have hoped TO get some good for the
country out Of the measure but plainly 1t was
determined that there should be- no chance or
the bills passing otherwise than rs Demo
cratic partisan measure.
Secretary Carlisle is said to have given Sarnest
warning TO the Democratic leaders that unless
his latest bill passed the Treasury would at
once 90 to a silver basis by payment OF Treas
urv notes in silver only 1t is more probable
that some earnest or excited remark may nave
been misconstrurd. but President Cleveland
would do well 20 hook TO this matter without
much DELAY. He knows how talk Of that kind
brought on the panic last year. aud should nave
learned what senslliveness there IL regarding
note redemption. Only few days ago he de
clared in strong language that the Government
would Use TO the utmost all its powers 10 main
tain gold payments. and II is not To be- Imagined
that he will allow any yeXatiou or the Secretary
to cause even serious fears Of peril Bonds can
not be sold at the most favorable terms, since
the market has been spoiled by The senseless
attempt 10 eXhune the wildcat banking plan,
but there is much better ground for hope now
that the scheme is under the sod again.
Could not President Cleveland forc>ee that
his desire to defend the public credit would be
embarrassed. Just as II has been. by this par
tlsan scheme: 1t must be assumed that he had
sense enough TO fear the consequences, and SO
refrained from any urgent advocacy Of Secre-
tary Carlislc's plan in his message. though he
did unrescrvedly approve and recommend II.
! By this time he knows that he would have been
wiser had he drawn his famous blue pencil over
! that part of The Treasury report and refused 10
permit any State bank bill 10 be pushed as an
Administration measure. He has tried 10 please
the soft money and cheap money lunatics once
more and has only exposed his Administration
10 another humiliating defeat. 1t remains for
him TO discharge the duty 10 which he stands
pledged. and 10 see that the currency OF the
country is kept safe and sound as far as he has
| mower