Show Wfj111u lon AUviccs Washington 20The select committee on interpcjanic canal today reaffirmed the pravious action and instructed tbeir chairman to call up the resolution introduced intro-duced by him with the purpose of obtaining ob-taining the views of the House Secretary Sherman and Treasurer Gil fillan explained to the House coinage committee this morning the connection of the New York clearing house and treasury Warner regarded the consent of the treasury department to the rule by which the receipt of silver coin in payment pay-ment baancos is prohibited as a virtual abdication of tho right of option which the law gives it over tho mode of payment pay-ment of government creditor whether in god or silver or paper Sherman disapproved the rule but did not so interpret it It was merely an exercise by government of its option His attention atten-tion was called to the fact that in so doing ho was aiding in the depreciation of silver Tho secretary could abrogate or modify the agreement between the treasury treas-ury and clearing house in tho interests of government upcn thirty days notice At present it was perfectly convenient to pay out gold and paper in settlement of balacces Adjourned |