New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-20
WOLCOTT.
IBY TELEGRAPH TO THE TRIBUNE

lBY TELEGRAPH TO THE TRIBUNE
Washington. Feb. 19.-The very confident and
cocky plan Of the silver managers to rush the
Jones Free Coinage bill through the Senate at
single sitting came to grief this evening. as any
such sanguine and jaunty legislative programme
was bound to do. Mr.. Jones and his followers
we're unwilling to recognize the patent absurdity
Of their contention that they should be allowed TO
pass in one day piece Of silver legislation much
more radical and sweeping in character than 'he
one against whose repeal two years ago. 'hes
had administered for nearly three months. Having
recourse to no other means of expediting leeisia-
tion than those which the friends OF the iepe"'
OF the silver purchase clauses o1 the So0aieu
Sherman act depended in the summer OF 1880 II
was a foregone conclusion that the free coinage
managers would fail in their purpose at the nrst
show of serious hostility on the part OF the sound
money onposition This hostility not long in
developing, and. under the pressure OF the oiia-
tory tactics quickly resorted to stave off an inn
mediate vote Mr.. Joness test OF endurance
plan proved as inglorious fizzle as any of those
inaugurated and directed two years ago by the
great test Of endurance statesman q: the
Finance Committee Mr.. Voorhees,.
Ate o'clock this evening. after about eight hours
OF so-calied debate over three OF which were
spent in parliamentary deadlock, Mr.. Jones
gave up his attempt to railroad his free coinage
project through the Senate. and consented 10 an
adjournment. leaving the bill practically no FUR
ther advanced than when 1t was taken up for con-
siderat.on yesterday afternoon The intention OF
the silver leaders TO abandon the Jones measure
entirely also clearly disclosed by the intro
duction Of a resolution by Mr.. Wolcott declaring
that though. in the Judgment of the Senate. the
prosperity and welfare of the country demanded
the opening Of the mints to silver any legislation
looking that end was impracticable In the CLOS
ing hours of the present Congress.
Mr. WaIcott's resolution offered as a con-
venient compromise calculated to prevent any
further waste Of time In filibustering. and was
accepted such by the managers on both sides
OF the chamber. vote upon II VIII douDtiess
be had tomorrow. as the opponents or actuai
free coinage legislation are not disposed to stand
out against the adoption OF a merely academic
declaration of opinion on the part 81 'he iree
silver combination now once more IN un.
doubted control of the "deliberative Branch
Of Congress. Such mere expression OF senti,
ment would not affect in any way the hxed
financial policy Of the Government, Lor could
II be considered "a an especially dangerous
blow at the National credit. On the other
hand. its adoption by the Senate woud st,se serse
tors quite as acceptably as the passage or tne
Jones bill itself for they entertain az little nope
Of getting that bill through the House OF Repre-
sentatives as of securing an approval Of IT at
the White House. The passage of the Woicott
resolution will DO as well. the efore as anytnlng
else ia emphasize the strength Of the free silver
sentiment in the Senate and encourage the re-
yival of active agitation for free coinage among
The naturally infiationist States OF the west ana
South. .,,
IT is understood that the compromise by which
a vote IS to be allowed on the Wocott resolution
will include the. full consent of the free silver
side TO a similar vote on Mr.. Germans proposals
for the relief Of the Treasury's embarrf ssmcnts.
now attached as amendments TO the Sundry
Civil Appropriation bill The prospect Of the
adoption of the Maryland Senator's exchequer
rote plan has been greatly lessened by the reply
sent to-day to the Senate by Secretary Carlisle
10 the recent Hill resolution inquirng whether
anv additional legislation was needed 10 make
good existing deficiencies in the Treasury AS
MIR Carlisle persists that he needs no furthtr
assistance and denies the existence OF a deficit.
II is not likely that the Republican side VIII care
TO go out of its way 10 carry out MI 'Iorfhan
eensible and practical plan which, Of course. WI
be bitterly opposed on the Democratic fine py
all the ra bid free-trlde and Cuckoo elements.