7 JUNE 1890, Page 2

Messrs. Oppenheim have addressed a letter to the Times, stating

that they have received many telegrams from America assuring them that a Silver Bill will pass within three weeks at farthest. This is corroborated by a telegram stating that a Caucus of Republican Representatives has agreed to a Bill under which the Treasury will purchase silver to the extent of 2900,000 a month, and will issue certificates which will be legal tender, and may be paid in any money current in the -United States, silver included. There is a proviso in the Bill that if silver rises to the value, as compared with gold, of one to sixteen, free coinage shall become impera- tive. The terms ultimately adopted may not be precisely these, as the Houses must agree ; but it may be taken as certain that Senators and Republicans are sick of speeches only uttered for their constituents, that the Silver Party has a large majority, and that some compromise had been privately arranged. That is the method of managing business in Washington, and if it were always certain that corruption was absent, it would not be a bad way. Only it is rather a pity that so much time is wasted over " debates " which the great newspapers never dream of reporting, and which never affect a vote. The speeches could be taken as spoken, and sent as pamphlets to constituents, who could read them or not, as they felt inclined.