New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-01-10
THE DEMOCRATS IN A PANIC.
,, rr-PrHFR DEMORALIZED BY THE
FAILURE OF THE CURRENCY BILL
voopurEs HURRlEpLY CALLS NEEIlN" of
THE SENATE FINANCE COMM
REPUBLICAN PLAN TO MEET THE De


THE SENATE FINANCE OoMMITTEE-A
REPUBLICAN PLAN TO MEET THE De
r,cIENCrY IN THE REVENUES.
,,-.shiryton Jan 9-The action OF the House TINS
.s,or,oon in practically killing the currency o'''
,s looked upon 10y Democrats III the senate as
traurht with danger TO the party no" III po"e''
-be results which grow from this vote are
- ,ba less dreaded because they we're IN a
,,oasyre anticipated. Mr. voorhees,. chairman OF
Tho senate Committee on Finance, within snort
,r,e after the vote had been taken sent io' -Hee
1ones and Vest. and these three members u, inc
y,,narca committee conferred together for half an
hor- Mr. voorhees, deemed the situation so grave
-, bs sant for his colleagues to suggest 10 them
IT, odvsshility OF calling a special meeting o. 'he
committee for tomorrow at o'clock ana III ''I'S
view o. the situation his colleagues agreed l"
saaakins OF the matter TO Inited fIeSS ~
r.rter Mr. VOORHEES, said that the condition oi
efsirs was grave and the House having pracu-
cauv abandoned the Currency bill ii behooved the
Senate Committee TO meet and endeaVor 10 aS'e'-
tain l. some lire of action in the senate 'Ou'u &c
agreed on Whether such agreement co"'u "
reached or not Mr.. Voorhees, did not pre'e"u "
know. a,
inc mas IN he held there were a number OF hu''leu
conferences on the part OF the fepuo"ca" me-"
hers OF the committee. during 'he a.'e''
while Mr. Pasco was speaking on the ->ca' 'su"
al
Committee consulted with their RepuDhcan ,o'
,.auos and the conferences with silver hepuoi-
cans we're long and earnest Inc fepuo"0"'' '
h.rs OF the Finance Committee VIII "o' a''e
,be meeting tomorrow without hrst ha'i"e 40"
Ill ar, thorough understanding as to "hat the''
It., sbaIl be as it shall be unfolded to me
,,,I,o.ro,s u,hen the doors have closed upon MI
1.oorbees,s committee. For the purpose o. ha'ins
free conference every Republican heiloe' %
The committee requested 10 meet III "s
tala's oommittee-room tomorrow morning al
-o1ock and IL is fair 10 assume that at tha' ihee'
Iohars NJ the Steering Committee VIII also
~ ,ressnt The United Press is able 10 STATE upon
me authority of the leading silver Repuoncans %
the Senate and OF prominent senators ~ '"o
-, az favoring an absolute gold STANDARD
that the matter Of wha' PRO- ne party are in
nitro accord and that they VIII aCt III n.y. e.
harmony ~ po Rrerublicans will not agree to any
nnanciai or currency LEGISLATION az tls oS anv
.or,S7cc,,Iar measure the Republicans Will not com
init themselves but Will insist tha' sne ,bsY DID in
The framing OF the revenue bllI 49,, thor. ia
' ny ennhcans will take me position that mere ~
no, epiceni tine to enter into the construction OF
- currency system before this Congress huJOuino'
Sul,tvs .5;ep zine enough TO patch II up decenty
ba, tbey must expect help from the Repu1hcai,s
n snv currency measure the Republicans wi sta,e
on a' tbey are willing aid the Democrats In giving
~ The Treasury sufficient revenue 10 meet tie a.
penditures OF the Government and Will whi1 so IU
nr emphasize the fact that hf Is ,b Irg G
- 90 nrevent the steadily increasing deHCIeHcy
a,'e 81 v,il suggest a plan as follows.
Let the beer be increased ,bal sv shs method
t'uo .b,ro more than S2ODO.yJ OF additional rev
eone viii be collected speedily and easily ior ,ne
,9st rn,erral Revenue report shows that ms ahou'
vs. collected under the present tax OF 81 d Dali
7. Democrats believe this Will not ne suhCivie eos,
~ sdvisablty % a horizontal Increase IN eNlsr rh
tariff rates of between 10 ana ~ per I'll III era
,nc-naes ,bey say can be made 10 continue IN oPsia-
,,on for definite period only Preceden's WIZ .6 6e
ffpra IN
tuo.eoi 80, ~ nroyide for an emergency. once IN
narticular in 1872 The fact that the pefnocraa11
'.ann,ed 10 decrease the revenue In the hOfHoi,di
manner will be quoted "a show that they woua DE
t,stitied in increasing II In the same way. =, 49,.
SrSis md nothing more viii be agreed 10 ny ule
r2sn1hlicans and any attempt TO 90 more VIII i me,
Win opposition the part OF vigorous hih no ~
r. H. nofhing In the situation 10 warrant the De
lisf mat any kind OF financial or currency scheine
can PASS the Senate.