The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-06
SPLIT OF THE SENATORS.
No Prospect of an Agreement in the
Finance Committee.

flhhnCe Committee.
Washington, Feb. 1.-THE only afirma-
tive action taken by the Senate finance
committee this morning was a refusal
to permit the reporting Of the bin author
izing the issue Of short time.
low interest-bearing bonds. This re-
suit was reached by n vote OF to
3. Ihe committee met at II O'Clock ana
for little more than an hour discussed the
various questions that have been referred
to 1t. Mr.. Mcpherson was anxious to re-
port bill, either on the lines OF the one
submitted by himself or that OF Mr.. Sher-
man, and asked for authority TO repore
such measure IN a modified form. Mr..
Mcpherson stated his proposition 10 pe
one that would authorize the Secretary OF
the Treasury TO issue bonds drawing 3 per
cent. interest for the purpose Of making
good the deficit in the treasury. The
proposition was discussed for a short time
and when a vote was taken IL was found.
as was expected, that there were but 1--WE
votes for it and a majority of 1 against
II.
Several other bills now on the committees
calendar were taken up, among them that
of Mr. Jones. Mr.. Jones moved that all
Of his bill be struck out but the ninth
section, and this was informally agreed
to on the ground that any member had "a
right to modify his bill as he saw flt
A motion was made that the ninth sec-
tlon be favorably reported to the Senate
This is the section that provides for t1n-
limited coinage of silver. the government
to have the signiorage and the seigniorags
to be the difference between the coinage
value and bullion value in London on the
day of its deposit In the mints
Mr.. Vest Immediately submitted his frea
coinage bill as a substitute, this measure
being that drafted by Mr.. St. John OF
New York, and providing for free and un-
limited coinage Of silver. This motion OF
Mr.. Jones and the substitute offered BY
Mr.. Vest, were pending when the commits
tee adjourned.
The discussion showed that while the
committee was free silver committee.
there were Indications Of the silver men
being unable to agree upon a measure thai
would be satisfactory to all
Mr.. Jones, and possibly one other SEN
ator, favorable to absolute free coinage OF
silver, seem to be unwilling at this time
to vote for such proposition for the rea-
son that they believe 1t would meet with
a veto II passed, while the coinage promo
sition unlimited and under the Conditions
stipulated in Mr.. Jones' measure might
meet with more consideration at the hands
Of the executive. This is the Condition
that has so far prevented the silver men
from reporting a free and unlimited coin
age bill s
The bill passed by the House repealinp
the discriminating duty on sugar imported
from countries paying an export bounttr
was taken up informally but was laid over
until next week motion Of Mr.. Aid
rich, who insisted that the Committees
could not consider it intelligently unfII
the state department has complied win
the resolution of the Senate. adoDfesl
some days ago, directing him to send to
the Senate all the correspondence on ehiss
subject between this country ana Ger.
many, and the other countries affected
TIE eoncensus of opinion Of the mem.
bership Of the committee is that thew are
no nearer an agreement than heretofore-
ana that nothing win be done ana no re-
port Of any sort made.