New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-07

DY THIS COSCHEss RATHER THAN AZ
CCPT REPUBLICAN AMENDMENTS
Try TELEGRAPH THE TRIBuNEl
Washington Feb. ct is pretty evident that the
.ao,nis,ration would prefer that there should be
- LEGISLATION by this Congress for the relief OF
.,o National Treasury "ather than that such
hesitation should result from the suggestion ana
,ronostions of Republicans. Last week Chair-
,nan Springer and some of his Democratic col
,.ao,es of the Committee on Banking and Cur
,encv were asserting and procaiming with much
.s,rsress that they willing TO modify the
,dministration's latest financial scheme in any
d all respects which might be necessary to Sc
curc Republican support. because they realized
,hat unon such support rested the only hope OF
rcc.ss and they also declared with great earn
estness and apparent sincerity that such modi-
9catioos would be accepted by the Admnistra-
finn which anxious above al things tnat
whatever legislation might be enacted should be
wholly free from any faint OF partisanship. These
assurances accepted in good faith by the
Republicans. and the only question seemed TO be-
What sort Of bill is it practicable to pass
through Congress-?
Not long after the Administrations latest Dill
was reported with amendments from Inc Co'i-
mittee on Banking and Currency-amendme"'S
which had been suggested by Republican members
mainly-it was whispered among Democrats 'na
some O. them unsatisfactory to the Auhn ,S.
tration and that they must be reJec'cu. - ,.'
became evident. as discussion Vi 80
went on that the Administrations DIN e''" "
amended at the suggestion OF Republican mem
bers of the Banking and Currency 'omiiiis'ee' wv
not and could not meet the emergency In o'he9
words IL was impracticaole measure "'ue'
the circumstances. II went lurther IMAM wa
necessary as a measure OF temporal! rele' UNI"
the revenues of the Government could be repien-
,sbed n did not 90 far enough II the purpose
sought was n reform of the financial system OF
the country In its currency operations what was
needed was something for immediate and tenn
porary relief: something which held out at least
a hope of action in the few days remaining OF
this Congress Mr. Reed has offered his remedy
in the form of a substitute for the pending bill
II was no; offered solution OF the entire
financial probem-a problem In which the Adj
minstraton first began TO evince an active in
te-est a little than two months ago, ana or
which Administration bill No. was proposed as
a quick and easy solution. On the contrary. the
substitute was offered because it seemed TO be
the only thing which held out even hope of sue
cess The forces OF the Administration were inn
mediately arrayed against II.
it became apparent early to-day that the Admins
traton was actively excrting its influence over Dem
ocratic Representatives who are friendly 10 II
against the substitute. Chairman Wilson and other
ADMINISTRATION leaders were exceedingly busy az
afternoon in this direction most OF their appears
and arguments being Of partisan nature When
Mr. Wilson's opinion Of the proposed SUBSTITUTE
"Oh. it's nice fe-preserver to save Presidential
candidate from the financial whirlpool" Mr.. Hen
pending bill. and with whom Mr.. Reed consulted
IN the course Of the day. manifested desire . to
consider the subject its merits rather than from
a partisan point of view. Their chief objection TO
The substitute WAS o that II 0 ne IN sod
coin. Mr.. Hendrix said, after conference Win
the latter would insert the word gold before the
word coin; and that he would be gao 10 see tne
tifcates OF Indebtedness meet any deficit in cur
rent revenues incorporated in the pending o had
in original PTOpSson ,b from ndn the f bays
the ADMINISTRATOR bill remained before me House:
Ts SOME and the
opinion that the Reed substitute might be ADOPTED
vote on the bill itself That, of course would be
III The action of the House in Committee of the
Whole to-day did no, Strengthen the r.
e IN an e Pc hopes when
the House adjourned than at any previous time;
witness the defeat OF Administration bill No. 3 In
the House Of Representatives, -,
speech OF Brosius Rep.: PENN. He said i vas
TO reach conclusion on the subject which would
be M not excuse 1 he a6use Fl as
promptly by unity of effort, 10 meet the , crisis
Congress s waited the diiculiy increased, Patriot,
ism and duty We're the only two ~ora rs Wnicd
with an earnest and eloquent appeal to all members
10 lay aside every consideration Wnicn couIu uNue
them in this hour and admit only rivalry as 10
which could carry the banner of the country iar-
thest into the ranks of the enemy; applause
Currency Committee except two adopted.
Numerous amendments were proposed by hn-
vidual members but of those agreed 70 only TWO
were of Importance one. offered by Mr. Haugen
Osep.. Wis.,. reduced from 5000 to $4,000 TIE
minimum capital stock OF National banks; the
other offered by Mr. Hartman diep. Mont), re-
ouired the payment OF half the customs dues col
lected 10 be in gold and half in silver.
Mr. Bland offered free silver proposition as
substitute for the bil This was ruled out OF order
nv Chairman Richardson and from that decision
Mr. Bland appealed. No quorum voted on the The
question of sustaining the chair. and the House
adjourned leaving the appeal pending for settle
mo