St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-01-10

more than sufficient to carry the ruf e
and the bill. 1t would be such radl-
cal step, however, in bringing silver
into the question that the conservative
men did not regard the plan as feasible.
1t was, however, the main topic or pros
pective action.
On the Republican side the opinion
was general chat the defeat of the rule
ended all chance of currency legislation
in this congress. Mr.. Reed would not
enter into detailed discussion on the
turn of Offairs.
Representative Tracey said: 1T is
evident, as this house is made up. no
effort can be made to improve the finan-
cial conditions OF the country except by
union OF portion OF the Democratic
party and portion of the Republican
party. 1t is useless to attempt 10 unite
the Democraslc party on any financial
plan. The test vote today WAS probably
larger in favor Of the bill than any vote
Oh the bill itself would be, and the COM
mittee probably recognizes this. On
this occasion the Republicans have ap-
peared to ally themselves with the fac
tion of the Democracy representing un-
sound financial views"
The Republican leaders in the house
assert that they had agreed TO offer no
parliamentary obstruction to vote
whatever If they had been permitted to
vote first on the ninth and tenth sec
tions OF the bill. Mir. Reed was on his
feet for recognition with The draft OF
rule in his hand providing for vote on
the bill according 10 this plan. that Is:
Voting for the ninth and tenth sections
first. The Republicans would have all
voted for this rule. Mr.. Walker, OF
Massachusetts, who had led the Repub-
licau opposition, had determined to
Withdraw the bill which he had pre-
viously notified the house he would Of
fer as substitute, and which was the
only plan proposed by a Republican.
He said also that no amendments would
have been offered to the Carlisle bill by
the Republic ans, although all OF them
would have voted against the bill.
The collapse is complete" said
Walker. speaking of the days events.
There will be no financial legislation
by this congress unless the senate sends
a bill to the house. which seems llr-
probable. Twenty OF twenty-five mem
bers voted for the previous question
who would not have voted for the Dill.
All of the Republicans would have
voted for the previous question If the
rule had provided for voting on the
illlli dLlN tClllll SeCltollS VI tliC Dill III
These sections logically came first, and
amendments could not have well been
offered unless their fate was decided at
the beginning of the uoting. The bill,
! on its merits, would not have received
two out of five votes in the house on an
average"
When the possibility of the Repub-
lican congress being called into extra
session was spoken Of, MI. Walker
said:
"If congress gives ample authority.
and gives it wisely, to the secretary OF
the treasury to issue bonds both 10 main
tain old payments and supply the treas
ury deficiency, all extra session may be
avoided. but at great expense to the
government, present and ultimate. i'll
needlessly high rates of interest on the
bond issue. If the treasury is given no
additional authority for the issuance Of
bonds, with the prevailing want of con-
fidence in the management OF national
finances by the administration, it will
injure the business interests of the
country, and | fear all extra session
will have to be called.
''AS to the effect on business of an
extra session, If one is called to convene
Immediately on the adjournment of the
present congress, it will give confidence
20 the country rather than all injury.
If it is delayed as the extra session of
this congress was delayed. the adminis-
tration will probably have financial
panic on its hands,"