The evening times., 1899-12-26
NO CHANGES TO BE ALLOWED.
Republican Senators to Pass the Cur
rency Bill as II Was Drawn.


Republican Senators to Pass the Cur-
rency Bill as II Was Drawn.
1t was announced by Republican
Senator today ti&t Senator Aldrich. who
will have parliamentary charge OF the
Currency bill In the Senate, will endeavor
put it through that body without single
amendment. This Is the plan Of action
decided upon by the Republican. leaders.
Those Republicans who may favor changes
in The bill are expected to abstain from
offering amendments and bring the mat
ters that they think should be changed
to the attention of the Republican mem
bers of the Finance Committee.
In this way much time will be saved.
and the Republicans will be able to pre-
Democrats, Populists. and Free Silver Re-
publicans. The Republican leaders be
lieve they can carry cut their programme
and send the bill to conference with the
Senate's substitute for the House bill
amendment without change.
Once the bill is In conference the Re-
publican conferees Of the two houses can
get together and draft the final compro-
mise measure. which will be agreed to by
both houses and will become law. There
is every probability that this final meas
ure will resemble the Senate bill more
than the House bill.
1t Is expected to coEtain the Senate re-
funding feature. which is the most impor-
tant feature Of the Senate substitute that
is not contained In any form in the House
bill. The most important provision from
the House bill which will probably be in
corporated in the conference bill Is tho
provision authorizing the establishment of
national banks with So, 900 capital in
small towns.
Some Senators had advised putting this
provision in as n Senate amendment. but
it was decided that ii should wal; for the
conference.
1t is very probable that the conferees will
decide to incorporate in the bill the provis-
ion recommended by Comptroller OF the
Currency Dawes in his annual report to SO
modify the provision allowing national
banks to issue currency up to the par value
of the bonds deposited to secure circulation
as to make 10 per cent OF that circulation
an emergency circulation. This Is to be
done by imposing a tax Of 8 per cent on
the additional 10 per cent OF circulation
which the banks are permitted to issue.
While the Republican leaders hope to be
able to prevent the Offering OF amendments
from their side of the chamber. except by
Senators Wolcott and Chandler. who op-
pose the bill, they VIII be unable to control
the Democratic side. and many amend
ments are expected from that quarter
The effect of this will be to give more
political significance to the debate OF the
bill in the Senate than attended the dis
cussion in the House. In the House there
was no opportunity to offer amendments
or to get a vote on anything except the
text of the bill. exactly as it was introduced
by Mr.. Overstreet
In the Senate vote can be obtained on
every amendment and the result Will be
to put the Senate on record on every con-
ceivable phase OF the money question
These votes will not show as much division
in the Democratic ranks as similar votes
would have shown in the House, for the
| reason that with the exception of Senators
Caffery and Lindsay, who are straightout
gold Democrats. there are no Senators on
the Democratic side with such strong
sound money tendencies as many of the
Democrats in the House.
Ii is expected, however. that some OF the
amendments offered from the Democratic
| side will indicate disposition even among
| the men who supported Mr.. Bryan to get
| away from the Chicago platform.
There will be free silver amendments in
various shapes. and it is probable that SEN
ators Wolcott and Chandler the two Lead
| ing advocates of international bimetallism
on the Republican side, may offer amend
ments looking to further attempts to bring
about an International agreement All
such amendments will be voted down, how
ever. by the Republican majority. assisted
| by Senators Caffery and Lindsay, and there
| is every prospect that the Republican lead
ers will be able to put their substitute
| through without change OF any kind