Waterbury evening Democrat., 1895-01-22

enemy. Moreover, in spite of all tho politi cal changes it is today asserted that the new senate will be even moro strongly pro silver than the present one.
 Senator Quay makes no secret of his in- tention to talk the appropriation for col lccting the income tax 10 death single handed and alone, or at least to talk till the new senators to fill vacancies get here Of the three from tho now half represent cd states wo were at first assured that two would be goldbugs and ono silver crank, next that one would bc a monometallist and tho other two moderate silver men, but now it is given out that all three will be silVcritcs. Tho senator stands almost alone, however in his party on the prupo- sitiOn to Dullify the income tax law by withholding appropriations Such Rcpub- Ncans as sherman, Cannon and others of long standing experience protest that 1t would bo n very dangerous precedent. MT. Cannon says: The Democrats tried it in Hayes time, went just far enough to rouse anger and then backed down. If we begin it-wcll, tho Democrats have never been backward in adopting our worst prec- edents, and I fancy they would be like that fellow in Shakespeare who said, The villainy you teach mo I will execute, and it shall go hard with me but better the instruction.
 It is taken for granted, therefore, that by the close of this session, if not before, the government revenue will exceed its expenses, and tho house committee on na- val affairs is figuring on a considerable surplus by December. This relieves the Democrats of tho heaviest pressure to unite and pass a bill and leaves them free course to run and be damnified. How wildly they havo run, and how scattered and how changed positions, is shown not only by the nine diverse propositions they have had to consider and caucus upon, but by the fact that so cautious and conserva- tive an old southern Democrat as Judge CulbcrsOn favors plan which two years ago would simply have annihilatcd his party in the western states. He thinks all tho greenbacks and sherman silver notes, nearly $500, 00O. OO0, should be funded in ? per cent bonds, which could be used as the basis of banking. A unique plan indeed is that of Congressman Terry of Arkansas. In addition to Il tolcrably liberal banking law, he would enact that any state or ter ritory may buy silver bullion as cheap as 1t can, bring it to the mint and have it coined into silver dollars on state account, provided that the amount in my one year should not exceed $l per capita of the states population at the last census.
 NIT. Tcrry's Plan.
 My plan, said Mir Terry in the course of lengthy talk, gets rid of all the su- perficial objections to the increased use of silver There is really nothing in most of them, and the main ones nullify each oth- CT, but superficial!y and as presented to the people they have q certain force. Cn- der my plan the silver kings would not get the benefit of free coinage, nor would the increase be rapid enough to disturb existing contracts. It would supply more money just about as fast as needed and, in my opinion, would in time bring the two metals to parity While the process was going on tho people of each state or terri tory would get tho benefit of the differ ence between bullion and coin. Better still, if the gnldbug states disaproved of the system they need not go into it. Only the states in favor of silver would then havc it coined on account, and the gold bug states could cut down the increase ono half if they liked. I have no doubt, however. that New York and Massachu- setts would take the seigniorage just as promptly ns Texas and Colorado"
 The genial Mr. Stallings of Alabama also has plan which he thus sets forth in conversation. for he has not thought it worth while to put it in the form of bill: s1hAb NieA hhS PANPS9.tioh tioh NHO Au tional banking system Is the best this country ever had and though better night be devised it would bc impossible to get 1t adopted. Furthcrmore, the re Etriction of tho issue tO 90 per cent of the bonds as well as tho security deposit have long been unnecessary, for the bonds arC worth more than their face. and can hardly conceive of a condition in the flu ture when they could not be immediately sold to redeem the notes of any failed