The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-03
4 FREE SILVER BILL
To Be Reported by the Senate
Committee on Finance.
SUBSTITUTE FOR BOND BILL.
Not Arkansas Free Coinage. but the
Nevada Kind Republicans Want
TO Amend Tariff Bill.

Washington City, Jan s-The senate
finance committee adjourned al 1880 until
iomorrow- No action was taken. and no
Fote had. The bond bll was discussed
out the tariff b3ll was not taken up. Sen
ltors W hite. Wolcott and Vest were not
present so the free silver men. and anti
liver men were tied After The regular
Meeting OF the committee the Republican
Members held a conference as also did
he Democrats. Senator Jones OF Nevada
net With the Democrats. as the conference
vas considered a silver conference more
han anything else The silver men unar-
mOusly decided TO insist upon an amend
nent in the nature of an entire substitute
rovidiug for the free coinage OF silver
nd the elimination OF all authority for
! ne issuance of bonds. Senator Jones OF
arkansas was delegated 10 prepare a
j measure in accordance with these views
4 be submitted 10 the fun committee as
Il oon as IL can he completed. There ia
ope that the bill can receive frlal conslf-
ration at the hands of the committee in
me 10 permit reporting TO the senate to-
Il borrow. but this may not he accom-
3 lished. The absentees viii be paired when
ne vote IS reached IN committee
u The Democratic and silver members con-
luded their conference before . o'clock
IT the Republicans and anti-free silver
olnage members continued theirs during
ne afternoon. II IS quite definitely deter
mined, however, that they viii make a
minority report. The majority of The Re
'ublicans viii oppose the reporting Of the
Institute bin tomorrow. and will ask that
y ne report be postponed untl Tuesday next
hey consider the second section of the
II somewhat ambiguous, and they favor
81 lat Il be so altered as 10 restrict the is
lance OF certificates of Indebtedness to
100000 al one time. Senator sherman
ggested change in the provision Tor tho
Il tirement Of the greenbacks. but the sug-
stion did not meet with general favor,
s. nd Il was not insisted upon.
The Republicans in their conference after
"a Democrats withdrew also discussed the
81 riff bin at length. They had before them
the amendments which have been Of
ed in the senate, and devoted themselves
II pecially 20 considering the feasibility of
amending the bill as TO insure its pass
e. 1t was suggested that some of the
estern Republicans, led by Senator
nj tchell. of Oregon, would demand the
81 storation OF the full Mckinley duty on
81 Dol, and the senators concluded 10 tnVesti-
te the probability of strengthening the
easure by complying with this demand.
4 ey gave like consideration TO the known
shes of other senator's, without deciding
II on any changes, and concluded TO get
N the light they could Obtain before pro-
r.
. tariff.
L While the silver members OF the confer
/ ce have not decided upon the exact
raseology OF the substitute which they
II present. II is understood that the word
81 in a general way VIII follow that of
NJ amendment offered by Senator Jones.
81 Arkansas, and the resolution introduced
Senator Vest. The first section OF the
mes amendment viii be changed so as to
4 Divide for absolute free and unlimited
a mage of silver at Is 10 /. Another pro-
81 sion of the substitute will look TO the is
n ance of silver certificates on the silver
81 liars to be coined under the first sec
n. The issuance OF hank notes of de-
II limitations OF less than SO viii be pro-
II ited; the secretary of the treasury VIII
III directed 10 coin the silver bullion now IN
IL treasury for the purpose OF redeem
III the treasury notes issued under the act
III 1870. and provision viii be made for the
" emption of the greenbacks in either gold
r& silver.