The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1890-12-16
THREATENED PANIC OYER
Secretary Windows Presence
i'm New York has a Sal
utary Effect.
He Gives Assurance that the Admin.
istratiOn VIII Lend Every As
sistance.
The Policy Adopted Praised on Every
Hand-0ther News from
the Capital.

| WAsHIsGroS, Dec. l5.--The news In
all sorts of forms comes from New York
that the threatened panic II over. Sec
| retary Windows presence there has had
very salutary effect He not only con-
suited the monetary arteries as To the
best coarse for the administration to
| pursue In order TO avid panic and. put
at rest all doubts as 10 the solvency OF
the country, but he gave assurance that
the administration would stand firmly by
the people and lend every assistance so
carry the business interests of the
country safely over the strlngencies
/ The course OF the administration in
/ coming TO the rescue of the people Is
variously commented upon by men In
| and out OF congress The policy is
| praised on every hand. IL is acknow-
| lodged that had IL not been for the
| prompt action of the treasury
department the recent failures In
| London and the panicky condition
OF the money market throughout Europe
would have precipitated q disastrous
financial panic In this country. Word
comes that the bankers are ready 10
loan as usual and have concluded that
there is no longer q necessity for doub-
ling and trebllng their reserves In an
ticipation Of further trouble. Ii is con-
hdentially believed that during the week
the house will pass the bill giving ma
tlonal banks the full par value OF cir
culation upon the bonds deposited, and
decreasing their required circulation TO
81, 900 each aud possibly providing for
the increase OF the bullion fund by turn
Ing into the treasury about sa5, 200, 000
-. = gNa
aud trade dollars. Ii may be that pro-
vision will be made 10 purchase all the
surplus bullion produced In the United
States amounting TO Sl2, ,oO0, 600, and
against which IL IL proposed TO issue GER
tifcates. It is believed that free coin
age will not come up In connection with
this proposition, as there seems co be-a
universal desire for the adoption OF
measures OF this class, without hazard
Ing their chances by the Incorporation
of any doubtful proposition.
Aft@r1she Fcpsiea Attora@v4.
WASHINGTON, Dec. l5.--Congressma
Dockery Is still following up the pension
attorneys. lie obtained few days ago
the figures for November. During that
month the attorneys fees were Sl90, 800
That Is the amount the pension Office
withheld from the allowances TO pension
ers and turned over TO the pension at
torneys. TAe general public may have
overlooked the fact that pension at
torheys do not have to collect their fees
from their clients. The government
does that for them. The attorneys fee
is withheld from the first allowance TO
the pensioner whose claim has been
granted. In that way the pension at
torneys received Sl06, 900 last month. At
this rate, IL other months are as good IS
November, the pension attorneys would
receive 81, 800, ESQ In a year. OF the
amount paid To attorneys In November,
SIS, 430, nearly one-half, was not
for new pensions, but for increases,
In obtaining which the attorney could
not be OF any service worth mentioning
to the applicant. Fees for increases are
prohibited In the newl pension bill. The
prohibitive clause was inserted In the
bill through the efforts OF Mr.. Dockery,
Mr.. Morrill, and Mr.. Peters. The bill IL
now before the senate. The pension at
torneys are bringing every possible In
finence TO bear upon senators to have
the Clause stricken out They succeeded
last year In preventing similar lagisla-
tion, but ID Is not beloved they can sue
ceed this time.
The feeling OF Indignation over the
enormous sums paid 10 pesion attorneys
has grown very strong. Another reform
Is proposed by Mr. Dockery. 1t Is that
the fees allowed In the cases under the
new disability law shall be cut from $40
TO 50. The evidence Of disability In q
great many cases IL already In the pos
session OF the pension Office, and at
torneys cannot possibly be- of $40 worth
of assistance to the claimants. In re-
ceiving the fee they are getting an nn-
earned gratuity at the expense OF the
pensioner.
Afser the M~xioan Lotteries
WASHINGTON, Dec. l5.-The post
master general has issued the following
order:
postmasters will hereafter intercept
the transmission In the mails and decline
TO deliver at their respective Offices any
circulars In sealed envelopes brought
into the United states from Mexico pre-
paid at less than the scent rate; and
will, whenever such matter Il discovered
In transit or In the Office Of delivery, hold
the same aud report the fact To the
postmaster general for instructions a. 20
the disposal of IL.
The order Ii intended to apply TO the
circulars of Mexican lotteries, which
have heretofore been received In sealed
envelopes. the corners OF which have
been clipped, aud the postage Of which
has been prepaid by Mexican stamps OF
Aha dan0mfn atInn nf 4 cant