The morning call., 1895-01-11
MUST HAVE HTS own way.
otherwise the Currency Situation Will
Stand as Now.
REPUBLICANS NOT PREPARED 10 ACT.
Besides That the Administration Seems
to Have Pinned ALI Its Hopes
Upon the House.

NASH1NSIONs Jan. 1U-OpEiUR6TS VIII
was in charge of the Carlisle currency
bill in the House, spent some time this
morning with President Cleveland and
Mr.. Carlisle, meeting them separately.
When Springer reached the House later
he would not go into the details Of his
private conversations with the President
aud Secre tary further than to say that
there would be no abatement in the effort
to secure currency legislation. This was
accepted by the members as not only VOic-
ing Springer's views, but as definitely de-
termining that the administration will go
ahead with the policy it has undertaken.
Springer says he knows of no new bill. al
though the present bill will be shaped to
meet objections and command support.
But" added Springer, mo concession
will go to the extent of silver coinage at
a ratio OF IS toll"
Senators Morrill,, Sherman, Allison and
Aldrich. Republican members of the FL
nance Committee, had a conference to-
day for the purpose of deciding upon a
line OF policy IN case there should be an
effort to take mp the currency question in
the Senate. The conference was decided
upon after Chairman VOORHEES, issued a
. o'clock to-day. They agreed that no
definite and final conclusion could be
reached until some measures had been
brought 20 their attention by the Demo-
cratic members of the committee.
They will not suggest a bill themselves
nor suggest anything looking to the per-
lection of a bill. Furthermore. they will
suggest to the Democratic members of the
committee. if called upon for suggestions,
that in view of the report that Secretary
Carlisle had been in consultation with the
leaders of the House with view to the
revival of the currency bill in the House
10 a modified form, it will be better plan
to postpone any effort TO do anything in
the Senate until there may be an oppor-
tunity to ascertain what will be the result
in the House.
The conversation developed that the
Republicans 10 not consider the treasury
situation so critical as some Democrats
do. and they think it question of revenue
rather than of currency. It IS said that a
new currency bill. having executive ap-
prevail. will be introduced in about Two
weeks. The Senate Committee on Finance
met at o'clock to-day for the purpose of
journed after brief session until Satur-
day. 1t is understood that no bill was
submitted TO the committee.
Notwithstanding the reverses suffered
BY the Carlisle currency bill in the House
of Representatives yesterday there is to
be no abandonment OF the effort to secure
currency legislation. 1t is said by a gen.
tleman convsrsant with the facts that
new measure having executive approval
will be introduced 10 the House in about
two weeks. This length of time will be
allowed to elapse so that the confusion
and excitement attending the struggle over
the first bill may be allayed and a new
start made under more favorable cOndi-
tiOns. It is probable that Mr.. Springer
will not direct the course of the measure S
the desire will be TO urge it along new
lines, and with new leaders, with view
to separating it as far as possible from any
loss OF prestige attaching TO the old meas
ure. The general plan is not the express
sion of hope or possibility on the part OF
sanguine advocates of currency legislation,
but is the result of a careful survey of the
situation by those in position to inau
gurate politics, 1t vii! be a surprise,
however. to most of the Democratic men,
bers of the House, including members CT
the Committee on Rules. as the opinion is
general shat the reverse of yesterday
closes all prospects OF currency legislation
and ends all efforts in that direction.
The lines on which the new measure
will be framed are not definitely known.
TO some extent it will follow the old bill,
with such changes as the experience of
the recent debate shows to be desirable.
1t is pointed out that the vote of 124 TO 129
is an adverse majority of only five, so that
a change of three votes would show ma
jority supporting the bill. Under these
circumstances it is felt that concessions
can be made securing the adhesion of
number OF members whose opposition has
been based on specific objections. It is
said, however, that there will be no con-
cessions in the nainre of surrender to
the silver element if they push their de-
mands TO the point OF remonetizine silver
at a ratio of 16 to l. 1t is said that the
Cancellation of this radical element is not
deemed necessary, although there will be
every desire to accept the assistance of
those silver men who will aid in meeting
the emergency, even though the result is
not lull realization Of the theories.
While this general plan is we'll defined, |
It has not yet been communicated to the
House leaders and is not therefore sub
ject of comment among them. Other sub |
jects have been taken up and there is ap.
parenr nnaninity of opinion that the cur
rency question is lost.