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Show THE SILVER. ItrMTlOX. An Acreemrnl Has Now Hren rraetlrallx Resetted. Washington, July7. An agreement agree-ment uimn the sliver question Was practically reached today. It will provldo for purchase of 1,500.000 ounces of sllvtra month,the bullion redemption certificates to be re-dcemab': re-dcemab': In coin and- a full legal tender. A reciting of tbe full conference committee to consider Ihlsagreement has been called and it will, no doubt, le ratified. After the first intffectual conference con-ference last Thursday the republican republi-can members decided that an agreement agree-ment could l more speedily and satisfactorily reached by party con. sulfation than a conference open to both political lartlc. Accordingly Seuators Sherman and Jones and Representatives Conger and Walter c'htd uton the task of drafting a compromao measure. They progressed pro-gressed so rapidly in this that thu conference substitute -Van com'tltted in all essential parts sateroce and sent to the printer yesterday. Tbi one poiut left open related to th amount of silver bullion to be purchased. Shtrman, Walker and Conger thought -l.OOdjOOO ounces rtionthly . fair compromise, but Jones decJaffl fr 4,500,000 ounces. Such was tfcc state of atla!rs,seeni-iugly, atla!rs,seeni-iugly, when overtures were again made to Jones to accept J.SSo.OOO ounces. THE WESTERN SO'ATOKS were In receipt of telegrams, urging urg-ing them to hold out lor tlie full amount of 4,500.000 ounces and in-rirt in-rirt tition n "peedy disposition of the bill, so !be overtures were rejected, ami when the proposition w as made to take up thu tan 11" bill in Uie Senate Sen-ate this afternoon th silver men manifested their power to cheek Uie flow of party legislation unlesc thtlr demands, w ere met. Soon after thu republican members mem-bers of tlie conference were again called together. The words "live hundred thousand" were added to the "four million ounces" contained In tlie printed conference substitute and the agreement completed. Senator Sen-ator Sherman spent a few minutes in drafting the formal report to the Senate and then notifled tlie democratic demo-cratic members, Senator Harris and Represent ative Bland, that the agreement was formally ratltied, although thu democratic memlrs refused to sign the rejwrL Thesuletitute provides that the secretary .of the treasury shall jir-cIlv- troni time to time silver bullion to tlie aggregate amount of Sl.iA.'.oo.1, or so much thereof as may lc offered In each month at thu murkt I price thereof, not exceeding one dollar for 571,: pure silver, THE TREASURY NOTES is-unl ill Kiyuient to be redeemable ill coin and legal tender in tttymeut of all debts, public aud private, except ex-cept n itere otherwise expressly stipulated stip-ulated in contract, and berecelvntdu for cutoms and all public dues. Ujkjii demand of the holder af treasury treas-ury notes tlie secretary shall, under such regulations as hu may presents?, redeem such notes in gold or silver coin, at his discretion, it Is-ing the established policy of the United States to maintain tlie two metals on a (uir with each -other upon the present legal ratio, or such ratio as may be provided by law. The ns.1-retary ns.1-retary of the treasury sliall each month coin two million ounces of the silver bullion purchased into standard silver dollars until the first day of July, 1SS1, and after that time shall coin outot all of thesllver bullion purchased as much as may tie necessary to provide fur the redemption re-demption of treasury notes. The pn-cnt law is repealed. The last section provides for covering into thu treasury money held for the redemption re-demption of National ISauk circulation. circula-tion. yinry Is Happy. IaiNHoN, July 7. Mrs. Mary Anderson-Navarro writes from Tun-bridgo Tun-bridgo Wells that her health has greatly Improved andshe is very happy and that sheand her husband expect to return to lndon before long, and altera brief stay will proceed pro-ceed to Sw ltzerUnd, where they ill remain until autumn. |
