Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-01-09
Failure Of Relief Legislation Sc
riously Threatens This.
WHAT TEE PRESIDENT WILL ACCEPT
Silver Men Will Exact Greater
Concessions.
THE CARLISLE BILL DEFEAT

Intimations have come from the admin
istration to leaders In both houses of Con-
gress that If all relief legislation fails at
this session the treasury will be forced to
a silver basis. Whether this means that
the Secretary will be compelled to redeem
1890 notes with silver, reversing the policy
which has heretofore been followed of re-
deeming in gold in order to preserve the
parity between the two metals, is not stat
ed, but the opinion Is expressed in certain
quarters that this danger Is seriously
threatened. In view of the situation the
President is asserted to be willing to ac-
cept a measure providing for the issue of
low interest bonds and the coinage Of
seigniorage. The silver men think that he
will have to go further than this and ac-
cept any measure authorizing bonds, no
matter how much weight of silver is at
tached to it. They feel that they have the
power to make great exactions. and they
are disposed to exercise it to the extreme.
Democrats Dcspondent.
The administration democrats are very
Respondent, or, rather, it may be said, that
all the democrats are respondent. One of
the most prominent administration demo-
Gratis in Congress said to The Star reporter
this morning that 1t had been sufficient
the democratic party was hopelessly di-
vided; that the silver men would not per-
NIT anything to be done for the relief of
the country and that the party was threat
ened with total destruction The silver men,
he said, wanted to take advantage of the
embarrassment of the administration to
force the party to their views or to de-
stroy It, He said that he did not believe
that the two wings of the party could act
together in national convention. and that
all alliance between them would be broken
Off at the convention in '96.
Similar opinion is expressed by the rank
thought but it has never before had such
open expression among democrats In of
fetal life
Effect of the House Vote.
The Carlisle currency bill is considered
defeated as a result of the test vote on the
passage of a rule to close the debate. With
the single exception of Chairman Springer,
the members Of the committee on banking
and currency stated after the defeat Of the
rule that the bill was killed.
They also agreed that no further currency
legislation was possible at the present seS-
SION Speaker Crisp and his democratic as
sociates of the rules committee have re-
altzed for several days that there was a
majority against the bill, and the result to-
day was accepted without surprise.
Mr.. Springer, who has been in charge of
the Carlisle bill in the House, said, after the
test vote against the BILL
II will make no effort to take up the bill
again this week. 1t would be we'll for the
House to turn it's attention to other busi-
ness and then after rest from the finan-
cial debate it may be made apparent that
a majority will support the bill.
Il do not think the adverse vote on the
rule puts an end to all currency legisla-
ton. So far as l am concerned l shall
continue to press the subject until some
thing is accomplished. The situation is too
critical to be viewed from a party stand
point or to be put aside by any temporary
reverse such as that of today
The Bill Killed.
Representative Catchings of the rules
committee has been one of the hardest
workers for the bill, and was present at
the conference with Secretary Carlisle. He
said:
I'm my opinion nothing will be done on
the financial question by this Congress-"
It is understood that the committee on
rules anticipated the possibility of such
vote as the House gave today and werS
tacitly agreed to drop the currency bill
IL it met with the rebuff 1T has.
Representative Strauss IN. Y.)-'I think
this kills currency legislation for this
session. l doubt If there will be any at
tempt to. bring in this rule again or to
frame any other rule, to attempt any
fba,. 1ntric1 lott