New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-27
PROSPECT or Currency Reform.
IT'S SUCCESS THOUGHT TO BE CERTAIN
IN THE NEXT CONGRESS.


fuY TELEGRAPH TO THE TRIBrNEl
WASHINGTON June % The determination 70
postpone consideration Of the Currency hill for
the present is based upon the belief that its pas
sage will be unobstructed i'm the next Congress
TIE Republican leaders I'm the House have all
EXPRESSED n willingness for ,tion when that
action can be mad. effective by unquestioned
sound.money majority In the Senate There
are thu strongest reasons for believing that the
next Senate will contain a large sound-money
majority. The Republicans have forty-three
members ~ the present Senate out Of a total
membership Of eighty-nine. The various States
are entitled to ninety Senators. but there is
vacancy i'm Oregon caused by the failure Of the
LEGISLATURE to make choice. The new Legis-
lature will choose Sound Money Republican.
Other Republican gains which are considered
certain are the seats in Wisconsin. North Da-
kota. New Jersey and Maryland. The victory
has already been won in the latter State, and
brilliant young Republican chosen TO succeed
German.
These changes alone would bring the Republ
can strength in the Senate up to forty
or a clear majority Of six. Senators Cafery
and Lindsay Sound Money Democrats. VIII SIT
in the next Senate. and VIII swell the possio'e
sound money strength to nifty. II is possible
that Wolcott Of Colorado, Shoup. Of Idaho ana
Chandler. OF New-Hampshire. would refuse 70
vote for an intelligent currency measure. IhH
would sim leave the sound money men with
margin Of four The Republicans are also hope
full OF gaining seats in Nebraska. West Virginia.
Delaware. Indiana and New-York.
These seats would raise the sound money
strength TO nfty-fve. or majority Of twenty
without counting The three Republicans VINO
may prove unsound. The existence Of sound
nancy majority in the next Senate is as certain
as anything political can be II there Is srouhd
for fear regarding either branch of Congress, II
lies with the House. The Republicans now nave
Il majority OF about hfty-three over all o'her
parties Two or three votes OF this MAJOR"
have been obtained by sea'ing contestants out
the Republican organization had substanua1!
4 majority Of nifty when Congress organized
some Of the more enthusiastic supporters OF
the Administration believe that the feeling IN
favor OF the Spanish will brush every other
issue aside and create safe Republican MAJOR
itv in the next House. Those who look upon 'ns
other side Of the shield are fearful that the
weight OF the taxes and the divisions IN the
country over the colonial policy or the iu'uie
will result in heavy Republican losses some OF
the supporters Of currency legislation are some
what disappointed over the failure OF the pres
cnt House TO act. but the assurances when thes
have received regarding the future nave 'e'e1-
mined them To make every effort 10 secure dm-
other Republican House and 70 give the Repuoh-
cans an opportunity 10 carry OUT these asSuf-
arccs. IT,
For ;his reason the business community VIII
probably be asked 10 support sound money can,
didlt,s Republicans IN most cases. nut Souhu
Money Democrats in a few cases. VINO az
known t. be favorable To currency reform. Inc
danger OF Republican defeat in the House ieS
rs much In local conditions in New-fcrk rem
sNiVania and Other States as II does III 'ls
National issues which will be discussed anu
II the business men support the candidates VI
the Republican organization in these states
they will probably exercise considerable uis
elimination as 10 their character ana econ''"'
convictions