The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-01-03

Washington, JAN 2-The senate
| finance committee adjourned at 1896
until tomorrow. No action was taken
and no vote had. The bond bill was
discussed but the tariff bill was NOT
taken up. Senators White and VOL
colt were not present. Senator Vest
was not present so the free silver men
and the aHtd-sIlver men were a tie.
After the regular meeting of the com
| mittee the Republican and Democratic
| members held separate conferences. The
| silver men unanimously decided ITO in
| sist upon an amendment in the nature
| of am entire substitute providing for
| the free coinage of silver, and the elm
! nation of all authority for the issuance
of bonds. Senator Jones of Arkansas
was delegated to prepare the measure
in accordance with these views, to be
| submit tted ito a full meeting Of the COM
| mfttee as soon as it can be completed.
The Democratic and silver members
| concluded their conference before
O'Clock, but the Republican and anti
| free silver coinage members continued
theirs during the afternoon. 1t is quite
| definitely determined, however, that
they will make a minority report.
The majority of the Republicans will
oppose the reporting OF the substitute
bill tomorrow, but will ask that the
repent be postponed until Tuesday next
They consider the second section of the
bill somewhat ambiguous, and they ia
vor that 1t be so altered as to restrict
the issuance of certificates of indebted
ness to s50, O00, 900 at one time. Sena tor
ri
vision for the retirement of the green
backs, but the suggestion did not meet
with general favor, and it was not in
sisted upon.
TARIFF BILL
The Republicans in their conference
after the Democrats withdrew also dis
cusSed the tariff bill at length. They
had before them all the amendments
which have been offered in the senate
and devoted themselves especially ITO
considering the feasibility of so amend
ing the bill as to insure its passage. 1t
was suggested that some of the western
Republicans, led by Senator Mitchell of
Oregon, would demand the restoration
of a full Mckinley duty on wool, and
the senators concluded to investigate
the probability of Strengthening the
measure by complying with this de-
mand. They gave like considera ton
to the known wishes of other senators,
and without deciding upon any changes
concluded TO get all the light they could
obtain before proceeding to any defin-
lite course of action on the tariff.
While the silver members of the COM
mbtee have not decided upon the ex-
act phraSeology OF the substitute which
they will present, it is understood that
the wording in a general way, will fol-
low that of the amendment offered by
Senator Jones of Arkansas, and the
resolution introduced by Senator Vest.
The first section of the Jones amend
ment will be so changed as TO provide
for absolute free and unlimited coinage
of silver at 16 TO 1. Another provision
of the substitute will look TO the iSsu-
ance of silver certificates on the silver
dollar to be coined under the first sec
tion. The ISSUANCE of bank notes of
denominations of ESs than $40 Will be
prohibited; the secretary of the treas
ury Will be directed to coin the silver
bullion now in the treasury for the pur-
pose of redeeming the treasury notes
ISSUED under THE act of 1890, and provis-
ion will be made for the redemption of
the greenbacks in either gold or silver.