New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-10-13
rsc1rssrNG THE NICARAGUA CANAL.
THE SENATE BILL DEBATED IN THE HOUSE,
Mr. sTAHLNECKER EXoNERATED.

rrIE SENATE BILL DEBATED IN THE HOUSE,
MR.. srAHI.NEcKER ExoNERATED.
Washington. Oct 1o-In the House to-day Mr. Rice
az Minnesota. called up the report of the special
committee Investigating the charges of misconduct on
Oh. mart OF Mr. Stahlnecker, in connection with the
80 ubrarv building The report, which completely
.xonerates NJ stahnecker, adopted without
discussion.
The House. in Committee of the Whole took up
the Senate bill for the incorporation Of the Maritime
Canal Company Of Nicaragua
Mr. Stockdale, Of Mississippi regretted tha' inc Dill
did not contain sufficient safeguards. 1t gave the
Government no control over the canal, and the Gov
erment of Nicaragua could at any time prevent
United States vessels from passing through The canal
The company might sell every dollar of its stock TO sub
iects of England Germany or Kamschatka, ana the
United States could not prevent It,
Mr. Dunn read from the articles Of concession to
show that there prohibition upon the company
from selling TO any foreign government
Mr. Rayne, of Pennsylvan called attention 10 the
sixth section of BILL which provides that Con-
r,ass shall have the power to alter, amend repeal
this act when in its judgment the public good may
80 require. a., e..,s.,o .haroctsr,,ad az a mis-
cradle catch penny. II made him doubt the goou
faith of the scheme. A-.. l.,
the bylaws the point of quorum was raised and the
committee then arose
THE TREASURY POLICY IN BOND PURCHASES.
Washington. Oct l2.-It is authoritatveiy stated
AT the Treasury Department to-day, that secretary
Falrchllds visit there yesterday had nothing 10 10
with the matter of bond purchases, and that there mas
been no change policy of the Department n that
respect except limit the purchases, for the present.
70 bonds other than those held as security for
National Bank circulation. This action had been
determined upon before his val, and was there
fore not the result of any conferences he had yese
day with Speaker Carlisle and officials OF the treasury
Department.
The statement that the Department has practically
decided to limit future bond purchases to FEW millions
a month Is emphat cally denied at the Department
An official who is in position 70 speak with authority
said this afternoon that there had been no chanee
whatever In the policy of the Department In tAe
matter of buy.ng bonds, except a. indicated IN the
notice issued yesterday. In the matter OF future
purchases, be added, the action of the Department
will be governed altogether by the rates at which
offers are made and the exigences OF the situation"
II is open secret, be continued that the Depdre
uent prefers to apply the surplus 10 the purchase OF
Az per cent bonds, the loan nearest maturity
and therefore the for the payment OF when pro-
vision must first be made but 1t must not therefore
be taken for granted that the purchase OF per Genus
IS TO be discontinued until the lbs are all redeemed
II IS however not likely that any As VIII be Dought
for the present at least unless there is Decline N
ebange should occur In the financial situation which
would make such course advisable, "a change sum the
Treasury policy unless something unforeseen renders
It necessary
WHAT is SEVEN mule" BAINUM UP to-
washington, Oct II (special).-A good many clerks
employed In the departments Republicans and Demo-
Gratis are wondering toll night what 5evenMule' Bar
mum can be up 10. They received today by mail
the following seductive note
Democratic Committee,
No. 10 West Twenty ninth-st,
York, Oct 10. 1888.
r,ear SIR: would be glad 10 you al my room
ct the Arlington Hotel Washington d. C., on sainr
n m Yours truly, WI II. BARNUM.
II Iooks as II Barnum, dcspairing Of getting
,ronev out of the clerks through his agents here is
going 10 put them through their PAGES himself Those
little conferences arranged for tomorrow Will be In
ts~sting ones If Republican hoidovers" refuse 10
contribute, they will. doubt be promptly dis
charged This would be entirely IN the line Of the
reforms pracuced by the present Administration II
they contrbuts they their scalps Tor little
~hIe buf not for long: they bound 10 receive
their walking papers sooner or later Ihey ought
NOT however Ia allow themselves 10 be bGldozed by
Balnun.
BONDS OFFERED AND ACCEPTED
Washington Oct. 1.-THE bond offerings to-day
aggregated s4,4ls,ooo, as follows
Cannon As-slO,O00 at 1913 7-s. az 100 at 12s IL.
Registered 4s- $50 900 at 100. 100000 at 12s IT,
100000 at 1870 s., coo at 1913, sl,l5o,OOo al l29,
sll7OOO at 1913 r. G225 900 at 12s rs, 100000 al
l2s TO $50 O0o at 1913 IL, $4,000 al lie IL
10000 at l29 s25 900 at 100, 81. 100000 at 100,
$40 600 at 1913 Ia so5 900 at 1o9. $4,000 at l29 ls
$1,000 at I29, 5000 at $50.
Coupon l-2s-s2, 900 al 108 IA
Registered 4 1-2s-S5O0 900 at los IL, 10000 at
los I-2, $4,000 u los l-2. $4,000 at laS IA.