People's Pilot, Volume 3, Number 37, Rensselaer, Jasper County, 2 March 1894 — WILL NOT DOWN. [ARTICLE]
WILL NOT DOWN.
The Friends of Silver Will Continue to Fight for Unlimited Coinage. The strength developed by Mr. Bland’s silver seigniorage bill leads to the belief, say*s a Washington dispatch, that another movement will be made for unlimited silver coinage as a sequel to the passage of the seigniorage bill. Mr. Bland has already introduced a bill “for the free coinage of standard silver dollars.” It went to the coinage committee and was about to be discussed, when Mr. Bland asked that it be temporarily laid aside in order that the seigniorage bill might first be acted on. As to the free silver bill, Mr. Bland said: “It has been put aside for the present, but will probably be taken up later. No definite plans have yet been made, but it is evident that many members want the opportunity of again voting on the free silver question.” Representative Williams, of Illinois, one of Mr. Bland’s lieutenants, says he has no doubt the free silver question, pure and simple, will again be presented to this congress. Quite a number of members who voted for the repeal of the purchasing clause of the Sherman law have told Mr. Williams that they would like to have free silver brought to an issue again in order to reverse their former position. Their expressions, together with the strength developed by the seigniorage bill, induces Messrs. Williams and Bland and their silver associates to give congress one more chance to vote for unlimited silver coinage. In this connection the fact is being noted that about twenty-five republican members are counted in favor of the seigniorage bill. Some of them are outspoken in favor of following up the measure with a free coinage bill. They reconcile this with their vote to repeal the silver purchase clause of the Sherman act by saying that the latter law hoarded silver in the treasury, while a free silver bill would seek to put the metal, or silver certificates based on it, in actual circulation. Mr. Bland’s free silver bill repeals that portion of the act of 1883 which prohibits the coinage of standard silver dollars. It also repeals that portion of the law of 1887 that provides “For the coinage and legal tender power of the standard silver dollar of 42X grains standard silver.”
