Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1890-12-22
WASHINGTON LETTER.
ESPECIAL CORRESPONDENTS OF THE MONITOR. ]
WdshinotO7e Dec. IS.

ct, has reached what he and they be-
lieve to be satisfactory solution of
the problem of how to end the strin-
geney of the financial market, and it
is expected that he will send a special
message to congress this week, rec
omtnending that authority be given
the <ecretary of the treasury to pur-
chase large quantity of silver bull
ion immediately-just how large |
cannot positively say. Secretary
Windom who has just returned from
New York, where he went to confer
with the leading lights of the fnan-
cial world, is understood to favor
purchasing the present stock of 49,
100000 ounces of silver and also of
an additional amount, equal to the re-
tuvaed national bank notes, estimat-
ed at $2O,0OO,O00. If both these
suggestions are adopted by congress,
it will place 100000, 900 in circula-
ton.
Treasurer Huston also has an idea
that with the assent of congress
will add $25, 100000 more. 1t is to
authorize the transfer of the $780,
600, 900 of fractional silver currency
now lying idle in the treasury and
the So, 900, 900 in silver trade dollars,
also lying idle, to the bullion account
for recoining into standard silver
dollars, and to allow the secretary Of
the treasury to issue treasury notes
therefor.
Secretary Window reports greatly
ly improved feeling among the New
York bankers, who believe the worst
to have passed, and that confidence
will soon be restored. There's the
the point of the. trouble. Once re-
store confidence, and money will soon
be easy again, and although many
prominent senators and representa-
tives believe congressional legislation
to be unnecessary, they have express
ed themselves as being willing to
support any reasonable measure, be-
cause of the effect it will have in re-
storing confidence among the people.
At caucus of republican senators
to be held tonight, it will be decided
whether the election bill shall be tenn
porarilv laid aside this week, for the
purpose of considering financial leg
islation; at the same caucus a report
will be made by the finance commit
tee, which has for several days been
in consultation with the five senators
appointed by Mr.. Edmunds, chair
man of the caucus, to consider and
rerort what, if any financial legisla-
tion is necessary. The House COM
mittee on banking and currency has
also been sitting up o nights with the
financial situation and may conclude
to report a bill of some kind this
week. In the meantime the legisla-
tors known as silver men are saying
that nothing short of free and unlim-
tied silver coinage will suit them.
| have discovered the true inward
ness of the movement among leading
democrats to reorganize their nation
al and congressional committees for
the purpose of beginning the work of
the next presidential campaign. An
Englishman, representing a secret or
ganization of English, French and
German manufacturers, who is at
present in Washington, has been the
moving spirit in the matter. The
men he represents have raised an
enormous fund, said to be we'll over
a million of dollars, which they wish
used to combat the republican party
and the protective tariff, and he has
been sent over here to tender it to
the democratic leaders, if they will
promise to begin at once the distri-
button of free trade literature among
the voters of the country, a promise
which it required no persuasion to OBJ
tain from the democratic bosses, who
are iubilant among themselves at the
prospect of an unlimited campaign
fund. The reorganization scheme is
only little dodge to blind the pub
lie.
If Secretary Noble can have his
way, the Pension attorneys will soon
have to seek new employment. He
is working to get every state to adopt
a system similar to what has been
working satisfactorily in Minnesota,
Wisconsin and Massachusetts for
some time. That is, for eX-soldiers
of the several States to file their ap-
plications for pensions with the At
torney General of the State, who pros
ecutes the claim before the pension
office, without cost to the claimant.
The House committee on Invalid Pen
sions seems to be in sympathy with
Mr.. Noble, for it has made favora-
BILE report on bill reducing the at
torney's fee to 50 for prosecuting
applications for increase of pensions.
on account of increase of disability
Senator Squire, chairman of the
subcommittee which went to the
Prcific Coast to investigate the work
ings of the anti-Chinese law, has re-
turned. He says the committee learn
ed that many Cinnamon and mucf
opium have been and are being SNUG.
gled over the northern border, but
that it is due to not having a suffi
cient force of men employed to en-
force the law and not to defects III