The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1883-11-30
WASHINGTON NEWS.
CAMPAIGN FUNDs-A NEW SCHEME TO RAISE

CAMPAIGN FUNDS NEW SCHEME TO RAISE
: General Rosecrane is the reputed author
Of a new scheme for the organization If the
democratic party foc the next presidential
campaign. He proposes to divide the dem
ocratic voters into sections of tens, ffteens.
hundreds, thousands. ten Thousand and
twenty thousand. Each section shall have
chief, whose duty it shall be to see that
the voters unier him shall be in line for
party service, at the polls or elsewhere. IN
obedience to orders received by him from
the head center. The chiefs are also to be
intrusted with the duty of collecting cam
paign funls, and of distributing campai gn
documents, as well as the m ,nagement of
campaign work within their jurisdiction.
The national committee, under this system,
would issue its order to the state commit .e,
and they would in turn instruct the chiefs
of twenty thousand, and 50 on, down to the
chiefs o. tens. 1t is understood that Cen
eral Rosecrans also proposes to raise cam
pal gn funds by voluntary contributions of
|
crat in TIA. org ,niz ltion. He estin .tel
that the returns from su:h subscription
would amount t" 81. So, 900 per year, upon
the basis of the Hancock vote of 1889. 1t
is proposed that proportion of one-half of
this million and . half dollars be reserved
annually among the states for use in local
and c,ngr essional campai ms, while the 9th
er $3.50, 900 " i'll be stored in the vaults of
the democratic national committee, for use
in close contests, etc.
| AN ARTHUR DISPATCH.
There have been assertions and denials
without number made in reg lrd to Presi-
dent Arthur's supposed desire to succeed
hi nself in the presidential ch,ir This is
n longer .ec:et, and his IN ,st intimate
friends almit that, while he is in NJ sense
an applicane for the honor, he will not de
cline the nomination. So far no very large
republican has been willing to step in the
/ ring and contest the nomination with him,
Blaine has been away from the city for
some time, but has been telegraphel for AMI
will be here next week, when his friends
will talk the matter over with him. He,
too, has stated that he was not candidate,
and that his two efforts to get tn. n"rnins-
ton We're all that he wLnte Il in that direc-
ton. His ffienls now are confident that
he will not allow ta, us. of his n ,nle as
against Arthur, under the circumstances.
Several republicans, who were prominent as
candidates, seem to give up all hope. Ell
munds was the first to draw out, AMI VIM
dom followed when he found he WIS beaten
| for the senate The boOms for Logan and
Harrison died out ON their own account,
and the Gresham boom was never weighty
enough for respectable consideration.
That clea-ed mp the list, and only Arthur
and Blaine are left, and there are many
we'll up in the political affairs of the cpuntr.
who re gard the zee for the nomin ltipns as
between them The Presidents New York
friends are losing no opportunity now to
impress Others with the belief that he will
accept the nomination if tenderel him.
NATIONAL BANK CIRCULATION.
/ The portion of Comptroller Knox's report
relating to contraction of the national papk
circulation is the most interesting and I'M
portant part of the document, ami has not
been published. The comptroller refers to
the probability that all of the IS are to be
called far redemption within the next three
years, and says this will reduce bonds held
iy banks from S255. 900, 0o0 to Sl5l, 900. 900,
and cause a contraction of the national
bank circulation of about S6O, ,O0O, 900 per
annum. 1t is evident that unless there is
additional legislation the bonds held as Sc
curity for circulation will rapidly diminish.
| New legislation may, however, postpone
payment of the public debt, or cause the
profit on the circulation to increase suffi.
GENTLY to induce national banks to invest in
long 4s, which are not to mature for twenty
| four years. Contraction of bank circulation
may be avoided by a reduction of revenue,
and no doubt this is the true policy. Con-
traction of bank circulation may also be
: avoil led by conversion of long bonds into 8
per cents and by offering an inducement to
holders of bonds to exchange them for per
cents., to mature in 1907, the government
paying the holders thereof reasonable
amount for the difference in value.
i THE rRIcaINA INVESTIGATION.
II WASHINGTON, Nov. 27.-The commission
appointed by the state department. to in
yestigate the causes of trichina, has closed
its labors at Chicago and other western
points. 1t will report in favor of creating a
separate board to study the matter at great
length, for which a liberal appropriation will
be required. The action of the French and
German governments is not believed to
have been warranted by facts obtainable
WASHINGTON MONUMENT.
: The masons have stopped work on the
Washington Monument. leaving the shat
for the winter at the hight Of 4l0 feet. A
this elevation it is the loftlest structure OF
the continent, and, with very few excep
tions, in the world. When completed il