Evening star. [volume] (Washington, D.C.) 1854-1972, 1890-09-15

"a fhhfhD ON btrwkHS toO.W o.oQ ANn
200 OF 6 PEE CENT soSps-coxsuu-
no ArAnaBLE srRrLrs
Secretary Window left the Finn Av,pve
Hotel last evening for williamstovn. Msss, 10
join his family. He received but few oallep Il
the hotel during the day and in the afternoon
he announced TO Representatives Of the prsss
the plan he had devised for the relief Of the
ssringency in the money market Asa result
OF his conference with the bank presidents and
nnaneiers at the subtrcasury Saturday he de-
elded to receive proposals for the sale OF a. -
'he amount Of $4,000. 600. the proposals 10 be
received at the Treasury Department in WASH
lng'on at noon "Wednesday. These bonds the
Secretary will purchase il q reasonable prsce IL
asked for them. AZ the sam. time secr,t.ry
WINDOW will offer 10 prepay for three-fourths
OF year the interest on between $50 600 ono
ana Se0 600 600 of per cent bonds The an.
nouncement OF these offers will come from
Darlington over the Secretary's signature
Wednesday morning, where il will be Officially
Secretary Window said that i, was not usu.l
ior statements OF the above kind 70 be made
before they emanated officially from Washing
ton. but OWING 20 the anxiety of 90 many Of tbs
business community TO know what was going 20
De done by the Treasury Department in the
premises. he thought IL best to announces be-
iorehaud, although II was Sunday his intsn-
tons
Mr.. Window said that he had named era ON
wv as the amount of bonds TO be purchased
because, as the entire available surplus 10 now
SoZucOOOO. the Treasury has outstanding Offers
ior bonds and interest amounting 20 sS0.0Oo.-
wv Wv ana the amount OF per cents now asked
Tor Will require about SO OOO 600 This To-
gether with what will be required FOR the pre-
payment OF the interest on tne per cents will
consume the entire available surplus
Mr. WINDOW further saId there was no Doubt
In ms mind that the action taken will be en-
.re,s satisfactory for the relief, for the holders
OF the bonds are disposed 90 corporate with the
treasury. He secs no great danger of serious
financial trouble and il will not be the fault Of
the treasury Department II 40 comes The Offer
Ior per cents. he says, 10 exceptional. and ID
not 10 be regarded rs tine policy of the admin
lsFstion' Tor with this purchase. il il shall be
made, the Treasury goes out of the market for
the purchase of that class Of bonds and viii
hereafter apply the current surplus 70 the pur-
chase of the g. per cents
speaking of what had been done 20 relieve
the money famine. Secretary Window said.
FROM the foundation Of the government until
the present time no such radical measures
have ever been adopted as have been adoptcd
during the last thirty days: and let me sta te
further that as a result "a 600 600 have heen
PAID out Tor the purchase of bonds and the pay
ment OF interest within twenty-three DAYS and
curing that time Slg OG0 600 have been paid ont
IN pensions, making S5s.OO0.OOO paid out for
these three items alone within tw. nty-three
days. The receipts in the same time have been
Pover SzO,OoO. 600, and may have been S25 600 600
was looking over the record nj the custom
mouse, and think that the re.eipts have not
been much more than 81 900 900 day AT tins
port, and they are three -fourths Of the whole. :"
PosrfoNING THE DAY FOR WITHDRAWING GOODS
In view of the anxiety in business circles,
because OF the proposition to put the new tariff
law INTO effect on the LIST Of October. Assistant
secretary Netileton of the Treasury Depart
ment, after consultations with members of
finance and ways aud means committees, gave
out statement Saturday evening as follows:
The Information obtained renders is as sure
as any future legislative event can be foreseep
mat Tie date for Withdrawing goods will be
nxed at February I, 1891. Indeed. owing 20
the wel-nish universal request from the busi-
| ness community that the latter date be fixed
! and the general feeling OF apprehension
gfoundless or otherwise. connected with the
carrier date, there appears 10 be but little OBJ
| position to the change"