Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1896-01-02
CHANGES
To be Made in the Two
House Bills
nEFoRB THEY WILL ApPEAR IN
THE SENATE.
TO BE FOR SILVER
BELIEVED THAT 10th BILLS WILL
lie CONDENSED INTO ONE
NEW ONE.
senator Sherman Tells what His
cusscd Venezuelan Question.
TO BE FOR SILVER

Washington, Jan. 1.-The prediction
is freely made that when the two
house bills recently passed are brought
up In the tenate they will be merged
into one by the finance committee. and
that one will be for the unlimited coin
age of silver.
This is probable, because It is the
plan OF the silver men on the finance
committee. and because the silver men
have complete control OF that sub-di-
vision OF the senate. In the reorgan-
ization of the senate committee. which
was effected today. 1t win be noticed
that the senate committee on finance
| contains q majority OF silver senators.
Every one of the Democrats Is silver
man, and In addition there are Wolcott
of Colorado, a Republican, and Jones
| of Nevada, Republlcan-Populist.
There have already teen conferences
OF the silver senators on the finance
committee, and not only do they seem
| to favor the putting aside OF the tariff
bill and the immediate consideration
of the bond bin. but they intend that
the bond bill shall lose its every feature
after the enaoting clause. In fact,
these silver men seem determined that
| the silver question shall be kept to the
front. and II 1t Is In their power they
| will see that II keeps a more prominent
place politically than does the tariff.
| Just how far this organized detcrmina-
| ton has gone cannot be said, nor Just
how far II has affected the plan Of
campaign laid down by the Republ-
| cans In both ends OF the capitol
1t is probable that an amendment
| offered by Senator Jones of Arkansas
| to the houne bond hill or something
like 1t, will be decided upon by the
| finance committee aR substitute.
The FIRST section OF this bill is sub
| Gfn NJ all MI taH 81 IL,
troduoed In the last session OF congress
by Mr.. Jones OF Arkansas This pro-
| vides that any holder OF silver bullion
may present II at any mint for coinaFe
and receive In coin dollars the market
price of his bullion TO the New York
! quotations ot that day, the seig,iorage
TO be the difference between the market
| price and the coin value Of the silver
| bullion.
This IL bv no means the free coInace
of silver; II will result in no immediate
| profit whatever to the owner of silver
bullion. Unless such action should by
| furnishing an enlarged market for sill
yer. and ultimately raise the price II
would make no difference to tue silver
miner whether he sold his silver to
| the mints or In the commercial mar
| kets. And. II on the other hand. there
IL any truth IN the contention that the
| unlimited coinage NJ silver would re-
| spond to natural cemand In the In
crense OF the circulating medium. this
scheme would nroviia snch EXPANSION,
| The second section OF the bill provides
| for the cancellation OF all outstanding
| treasury notes NJ all kinds undar the
demo n'nation OF $40. purposine to force
the Use OF silver currency for all trans
| actions under thai amount The third
section Is iler'iraliv the bn' intrndnoai
by Senator Vest last week requiring
the secretary of the treasury to redeem
| all grcenbacks In silver. as well az
PROVIDING for Their reissue.
sherman ON VrncgueIn.
Senator Sherman has given out the
following statement in regard to the
Venezuelan commission:
81 can only express my qualification
that the general sentiment now pre-
valling. both in the United States and
Great Britain IL that the controversy
between Great Britain and Venezuela
ought not to be the occasion Of
strained relations much less of war
! am strongly in favor Of the general
principle announced by President Mon
roe that the United States will regard
any forcible invasion OF the territory
of an American state by an EuroneaD
power rs an unfriendly act The boun-
| Diary question between Nera-''~'@ md
Great Britain has been the subject Of
controversy for many years, and is
| proner question to he settled by arhi-
| trnti0n between those mowers. Before
the announcement Of this doctrine nv
Mr.. Monroe Great Britain had acquired
from Hollnnd Il setilement at British
Guiana. The country between that
possession and the settlements IN Vene-
7reia WIS on urocrnnied territory Of
little value except for minerals. The
inropds Of ENGLISH settlers upon this
| region have Pivcn rise To disru'es he
tween the two governments, and each
at different tir,as Doe ree,ead to arbl.
trate the question o. boundary.
81 do mt feel jus'ifieA ~ r-'''c's'rg
the president for his message as his
assertion and deo-itlon OF TIE Monroe
doctrine Is. believe. correct one,
and whether II IL dooma NJ infe-na-
tional law or OF Ame-'nan nolirv n has
strong hold pDon all nations Of these
continents and was recognized by
Grent B-i'ain hesorp Its announcement
bv President Monroe All parts or
! America are now ocruniad NV civilized
and Christian rntions. tho ,dnsoenda nta
m rrronean ancestors nrd thev are no
Longer omen to the conquests Of Euro
l-pdan power.
"The refusal OF Lord Salisbury to ar
hitrnte this nrestlop NJ boundary
naturally created feeling OF resent
rnert. hut recent Indications tNat this
| refusal win not he insisted npon nv
Great Iitain have changed the VIII ole
currentlsf ruhiir oninion, and now
believe the United States viii. with the
same urenimitv expressed by congress-
cheerf,illy a~1'iieeca IN the decision ~
any fair trIbuna, that NAV he agreed
| unnn between the two countries In
terHeted. The president In hts com
nun'catlon to congress- orers the way
| to such settlement by declaring that