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Show THK PROSPECT OF BILVRK A BILt,. The New York Sun, the only notable silver advocate in New York, received from a Washington correspondent a review re-view of the silver situation which is probably as near correct as any yet presented. It says: The free coinage republicans in the house have become convinced that they cannot pass an unlimited un-limited free coinage bill, and an effort is now making to compromise on free coinage of the American product with a soigniorage on foreign silver equal to tho difference between the coin and the market value of the silver. About fifteen of the republicans who are favorable to silver, though not absolute ab-solute free coinage advocates, mot last night at the residence of Mr. Townseni of Colorado and went over the situation situa-tion pretty thoroughly. There was a count of noses and it was found more than fifteen republicans, or four in excess ex-cess of tho number who voted with Mr. Bland last week, could be induced to voto for free coinage and that it was very probable four or five votes would be gained by the gold men on tho democratic side. A nnmber of excuses were made by republicans re-publicans at whom the silver men directed di-rected their missionary efforts. The elections bill cut the biggest figure with them. They said that while they were personally favorable to silver, they would see tho "traitors" in a hot place before they wou Id vote for a measure of so vital importance to them. It can be stated with safety that the republican leaders in the, house will permit this compromise scheme to come up in the last week of the session only on the distinct assurance from the free coinage republicans in the senate that there shall be no further agitation on this question at the next congress. To this proposition Senator Teller and others will not assent, for the reason that they believe nothing less than absolute free coinage will put an end to silver speculation, specula-tion, "which injures the miner by compelling com-pelling him to sell at low rates," and that free coinago can bo obtained anyhow any-how next session. While eanvassing this latter proposition the free coinage republicans hold themselves at liberty to take advantage of every opportunity which may be presented in the house, and until their proposition is accepted they will keep up the fight on the lloor. The anti-silver men are preparing for a vigorous fight whenever the free coinage coin-age bill may be sprung on the house, and Mr. Walker has prepared a rule to require not less than twenty-four hours' notice before any measure can be taken up out of order. |