Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1895-01-02
PROBABLE LEGISLATION
On the Currency. and the lmprobabliiy Of an
Extra Session.

WASHINGTON, Jan. l.--Secretary Car.
isle thinks that some kind Of currency re.
Form measure will pass the house. The
amendments to his bin contained In the
substitute proposition, he thinks. have
strengthened the measure very much on
the Democratic side.
The Democratic leaders, including
Speaker Crisp, Representatives Catchings
and Wilson, chairman Of tho ways and
means committees, and other prominent
influential Democrats, are doing their ut.
most to accomplish some financial legis-
lation in order that the party may have
that much, ut least, to its credit when
congress adjourns. /,
Secretary Carlisle remarked yesterday
that he did not feel very sanguine of Sc
curing satisfactory currency reform or
financial legislation in the senate Thus
far he had been unable to. get any assur-
ance whatever. The Democratic members
OF the finance committee and their asso-
ciates in the senate informed him that
they desired to wait the action of the house
on the currency bill now pending in that
body.
II it were a measure that would enlarge
the currency and give all tho states uni
form banking facilities, the Democratic
leaders. Including members of the finance
committee, were inclined to believe that
it would pass the senate, but that no half
way measure providing for two kinds of
currency II national and state bank sys-
ten, would meet the approval of the Dem
ocrats in that body.
The Democratic senators who blocked
the passage OF the Wilson tariff bill,
namely, German, Bicc, Smith and Cam
den, and who delcated that measure, have
already intimated that. no currency meas
ure will be passed by this scongress. II
these senators stand by theirdeclarations,
no financial legislatonc can pass that boL,y
There has been considerable talk about
the
Probability of an Extra Session
of the Fifty-fourth congress. This discus
sion has a speculation basis but is indica-
tive of the apprehension prevailing in the
public miad OF the inability of the present
congress 10 supply legislation that will
restore confidence, revive trade and
strengthen he treasury.
So far us lie leaders Of tho two political
parties in Congress are concerned, they do
not want an extra session, and it is ccr-
tainly not desired by tie president. BIZ
If nothing should be done within the next
two months 70 enact some legislation =
the remedy OF existing evils, the calling Of
the Fifty fourth congress in extraordinary
session may become an imperative neccs-
sity.
With leaders of the two parties hostile
to an extra session, and both sides recog-
nizing the urgent necessity for remedial
legislation relating tc the currency, Jetxli
nary businco.; sagacity, freed from paxt1Ban
maneuvering, ought to result in anfa@ree
ment on some measure which WORLD re-
ceive the support of a inajorityfo f the
membership OF the house.
1t is evident that the contemplation of
an extra session of the Fifty-fourth con-
gress is discomforting to Republicans.
They do not desire that the responsibility
for financial legislation should be sud
denly thrust upon them. If it could be
postponed until the time for the regular
assembling in December, 1895, the Re
publicans would be better prepared to as
sumo responsibility at that time. With
this feeling prevalent among Republican
leaders, and with Democrats averse to an
extra session on many accounts, rests the
hope that something may be evolved
which will bring partial relief