St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-08-10
GOSSIP GOING AROUND.

Window ON Secretary Window,
so in his personal inter
" ! Money course with men. is one
Z u of the most affable and
<e Matters agreeable of public
officials. His features
are cast in a pleasant mold and his
broad face wears an engaging half
smile at all times. When he was here
the other day, writes New York cor
respondent. to examine sites offered for
the new appraisers stores and ware
house | had some talk with him about
national finances. ave have had rather
hard time of it," he remarked, ''but L
think we have sbeered off the rocks now
and have got into clear channel. The
passage of the silver bill was an
important step. With the passage
of the tariff bill we shall
have the helm set right for broad
waters" An observation by me to
the effect that the release of portion
of the bank reserves under the silver
act would make money easier in the
country led the secretary to say: Eyes,
there will be more money which can DE
put out. But there seems to be plenty
of money now. The response to my re-
cent bond advertisement shows tnat
money is plenty. | had gradually re-
duced the rate of my offers for bonds
from 1919 to 12i, at which rate none were
offered, and was forced to conclude
that 1 had got the price too low. SO L
concluded to make an advertisement III
which l would leave it to the holders OF
bonds who wanted to sell them
the raining of their own price
tho Onfi0n m
myself of taking the bonds at their
prices. 1t is remarkable that under
such a broad advertisement l received
offers of only about SS,000,000, and most
of that amount came from one bank.
The banks offer was at l24, at which
price | bought. But holders of bonds
did not know from my advertisement
but that | would pay 125 or 126 or 129. If
money had been scarce and in demand
in the country, under the conditions OF
my advertisement. | would have had a
hundred millions of bonds offered for
sale. The incident has demonstrated
thoroughly the fact that money is plenty
and incidentally that the holders of
money believe that government bonds
are good investm ent at this time"
Why McMil- Mrs. Senator c. &.
Davis, of Minnesota,
Ian Did Not has been visiting rela-
tives in this city for
Resign. week, says the New
York Press. | heard
Yesterday story about her which
would indicate that she has a gift for
politics. When her husband retired
from the governorship he made an I'M
successful effort to be elected senator.
Later there was talk that Senator Nc
MILAN, who then represented Mime
sofa, would resfyf his place. Coy. Hub
bard. indeed. was apprised of Senator
McMillan's purpose, and consulted with
Davis about the matter, indicating his
purpose to appoint Davis to the va
capcy when it should occur. Mrs.
Davis became apprised of all this, OF
course, but her advice to her husband
was not to accept the appointments.
eWait until the people elect you.
as they will.' was her con-
slant plea. Nevertheless, the determin-
gatiDn was made to accept the appoint
ment. when Mis-. Davis, with equal de-
i Termination, resolved to stop It,. she
knew that Senator Mcmillan ana her
husband were political enemies, and
reasoned that if Mcmillan knew her
husband would succeed him he would
probably not resign. So she made So
cial call on Senator McMillan's daugh-
ter in Minneapolis, in the course of
which she remarked: ''Why. how
funny it is that my husband is going to
be appointed senator by Gov. Hubbard
when your father resigns" The news
flew to Washington to Senator McMil-
Ian by wire, and, to the establishment OF
Gov. Hubbard. ex-Gov. Davis and all
his friends, he did not resign. A couple
OF years later. when ex-Gov. Davis had
been unanimously elected senator by
the Republicans, Mrs. Davis told her
husband how it all happened. Her
Judgment had been justified, and she
could afford to tell 1t.