The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1896-01-09
WASHINGTON.
from our Regular Correspondent.
WASHINGTON, Jan. 3rd, 1896.

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President Cleveland may or may
not have felt complimented when
Senator Sherman offered resolution
providing that when greenbacks or
U. 5. Treasury notes are redeemed
for gold they shall not be reissued
except for gold, but that resolution
and a speech made in its favor by
MIR. Sherman have been the most
sensational occurrences of the week in
Congress. 1t will be remembered
that when Preiident Cleveland in his
annual message, and Secretary Car
isle IN his annual report, recommend
ed the retirement of the greenbacks
and Treasury notes as the best rem
edy for our financial troubles, Senator
Sherman was foremost among those
republicans who hooted at the idea
Now Senator Sherman offers reso-
luton which, if it became law,
would probably result in retiring the
greenbacks and Treasury notes, al
though he claims that it wouldn't.
The basis for his claim is not, how
ever, a very substantial one. He
hgures that the law would work like
the assurance of bank cashier to a
frightened depositor, that he could
nave his money if he wanted it; and
that those who have been presenting
these notes for redemption in gold
Will stop as soon as they know that
the notes SO presented will not be
paid out for them to present again.
The scrambling among those who
want more Of the protection pork
than the tariff bill which the House
passed gives them, has not been
equaled since the Mckinley bill was
being made up. 1t has been and is
making life miserable for the republ-
an members of the Senate Finance
committee, which is now trying to
decide in what shape the bill is to be
reported back to the Senate. The
greed of those seeking protection for
special lines, at the expense of every
body else, would make the scramble
sufficiently disagreeable, but Presiden-
rial politics have also been brought
into it. The McKinleyites declare
that the bill as passed by the House
S in the interest of Reeds candidacy,
md that they will have more McKin-
leyism put into it, or know the reason
why it isn't done. The democrats
are not taking much interest in the
bill, although the nearer it gets to
McKinleyism the better it will suit
hem; they believe that the country is
Is strongly opposed to McKinleyism
now as it was when it elected the
democratic House of the Fifty-second
Congress and when it elected Mr..
Cleveland President and gave the
democrats control of both branches
of the Fifty-third Congress, and that
the nearer the bill approaches the
original Mckinley bill, the greater
will be its effect towards helping to
elect a democratic President next
November. Democratic Senators
have not agreed upon any program
ON the tariff bill, but the genera
sentiment among them indicates thq
after putting the party on RECORD
against the bill they will place no OBJ
structions in the way of reaching
vote. Even if the bill passes tn,
Senate in shape to meet the approx
al of Mr.. Reed, who is to all intent
and purposes the House, it is well
nigh certain that it will be vetoed b,
President Cleveland.
Mr.. Reed wanted rest this week
Consequently the House has don,
nothing except to 60 through thu
form of holding sessions Tuesday ant
Friday.
There has been considerable chang,