The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-01-29
SILVER MEN ARE STUBBORN.
THEY ARE APT TO FIGHT THH
PRESIDENTS RELIEF PLAN.

THEY AXE AFT TO FIGHT Ih1
PRESIDENTS RELIEF PLAN.
The Prospect of Inducing Them tn
Accept His Suggestions Very Poor.
The Republican Members of Con-
grcss From the East Disposed to-
Join Hands with the sound Money
Friends of the Administration.
siIverites on Top In the Sennte.
Washington, Jan. 2s.-President Cleve-
lands patriotic appeal to congress to-day
to discard partisanship and unite upon
a measure Of immediate relief for tho
treasury. was not received in a spirit that
indicates favorable action. After the
message was read TO the two houses of
congress, It was evident that the straight
forward utterances Of the President had
failed to move the advocates OF free silver
from their stubborn demand for the un-
limited coinage Of silver or nothing. The
most rabid silver men cannot deny that
the President has stated the financial
situation fairly and earnestly. but they
cannot be induced TO accept his sugges-
tions for relief. They declare that the
hour has arrived when the battle between
silver and gold must be fought to finish.
The republicans In the east are dis
posed to join with the sound money
friends of the administration In forcing
action upon the Presidents suggestions.
but the free silverites, with Senators
Teller. Morgan. Pugh, Bland, Bryan ana
all OF the men who were opposed to tha
repeal OF the Sherman act, declare thaa
the President has challenged them td
mortal combat and they are eager fon
the fray.
In the meantime the conservative men
IN both parties who look upon the sltua-
tion with the same degree of patriotism
displayed by the President. are unwilling
to believe that the silver men will resoru
to desperate measures in the presents
emergency. The conditions are more
alarming now than they were when the
Sherman act was repealed, and there
are a few men. like Senators Gray Hllls
German, Sherman, Smith, Allison, Platt
and Representatives Turner, Montgomery,
Reed Hit, McCreary and Springer, who
are willing to do anything within reason
TO bring about practical solution Of ths
problem.
The silver men in the Senate have the
whip hand II they take advantage OF tha
rules Of that body, and they are encour-
aged by the fact that within a few days
several new senators from the west, who
are free silver men, will be added TO their
ranks.
Under the circumstances the outlook
for any financial legislation In line with
the suggestions Of the President is dark
and gloomy. There is a ray Of hope in the
recollection that similar state OF AFFAIRS
existed just before the silver men re-
Tented and permitted the Sherman act to
pass.
Senator Hill. when asked his views
upon the Presidents financial mes
sage, said: "rhe message states
the situation very accurately Per-
manent. as well as temporary, re-
lief should be granted at once. ! trust
that there is good sense and patriotism
enough In the present congress not 60 re-
fuse consideration of this subject. The
business interests of the country de-
sire and demand action, and the
to antagonize that sentiments
My views were fully expressed in
my speech before the Democratic Club
Of New York last Saturday evening, and
1t is unnecessary to repeat them"
Representative Springer has drafted a
bill intended to carry into effect the re-
concentrations of the Presidents mes-
sage IL Is entitled: AN act to authorizes
the Secretary of the Treasury to issue
bonds to maintain a sufficient gold re-
serve anu 10 Ieuetm ana TetlTe OnlteN
States notes, and for other purposes"
The first section provides for the issue /
and sale at not less than par in gold od 4
fifty years, three per cent. bonds, interest
and principal payable in gold, in denomi-Z
nations Of twenty and fifty dollars ana
multiples thereof No specific amount %
bonds to be sold Is named.
Section two provides that whenever
treasury notes shall be redeemed in gold
they shall be cancelled and that treasury
notes shall be received in payment for tha
bonds. provided in the first section Of tha
bill.
Section three authorizes the use OF the
bonds as security for national bank issues
to the par value of the bonds.
Section four provides that no national
bank notes of less denomination than $40
shall be issued; that when such small notes
are redeemed notes of larger denomina-
tion shall be substituted; and that small
denomination silver certificates shall, i'm
like manner. be substituted for the larger
denominations Of the same class.
Section five provides that after July Il
1895, customs dulles shall be paid in gold
coin only, and that other dues to tha
United States shall be payable I'm any of
the different kinds of currency authorized
by the laws of the United States.
Section six repeals all inconsistent acts
and provides funds for carrying this act
into effect.
GOLD CONTINUES TO GO.
Heavy Shipments to he Made by To-