The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1891-06-25
WASHINGTON LETTER.
FROM OUR REGULAR CORRESPONDENT
ON TOPICS OF THE TIMES.

WASHINGTON, ID. @, June g., 1891.
If the foreign manufacturers should
be obliged to pay the heavy uties or
goods imported to this country, as
tariff mongers foolishly assert, they
would soon be driven out of business,
since they could not compensate
themselves elsewhere for such a loss
American consumers alone can afford
the luxury of paying the high duties
which the Mckinley tariff imposes on
them.
The secretary of the treasury has
called upon a number of national
bank repositories to transfer to the
subtreasury portion of the amount
of the public moneys held
by them and not needed for
the transaction of public business
Those banks which are mostly
known as surplus" banks had been
notified by the la e Secretary Window
and had previously transferred tue
amount OF two calls made by him
The amount to be transferred on or
before June 30, 1891, under this call is
about $3,O00,00O. 1t is probable that
other calls will be made from tiue tn
| time on these aud other national bank
| repositories until their holdings shall
| have been reduced to about the
amount needed to be kept Herewith
| for the proper transaction of current
public business.
The net surplus in the treasury is
80 OOO, 600, a smaller surplus than ha>
been in the treasury within the memory
of the Oldest officials.
A crop is never safe until it is har-
vested, but the indications now are
that American wheat has survived
frost, droughts and the Hessian fly,
and will harvest above the average.
In other words the wheat prospect at
this time is good. The reports from
the growing countries of Europe
indicate a short crop. SO that whatever
surplus we have in this country is likely
TO ind market at a good price. This
probability is reflected in the present
price, June wheat selling vest, rday up
to $l.O9. The political farmers who
farm the farmers for offices are already
discussing the probable effects OF
good prices for wheat on the coming
elections. Elk President Hayes used
to say that the Republicans usually
won when wheat commanded a 81 a
bushel, and if he were Republican
prophet in good standing with his
party, the leaders would bank on
The present situation with some
sort OF confidence. But things have
changed in politics since Ha es was il.
ii, and the Republican leaders are not
at all confident that good price for
wheat will convince the wheat growers
that they owe the advance to the Nc
Kinley bill or Tom Reeds gag RUE.
The President yesterday ap-l
pointed HON. William ID. Owen,
OF Indiana, to be superintendent OF
Immigration, an Office created at the
last session of congress, with a salary
OF $1,000 per annum. Mr.. Owen has
always taken deep interest in the
subject of immigration, and was
mainly Instrumental in the prepare |
ton of the stringent law adopted at |
the last session. His appointment
was strongly urged by nearly all the
labor organizations in the country be-
cause of his interest in their cause and
his thorough knowledge of the sub
Ject. The new superintendent is a
minister of the Christian Church.
He was elected to the Forty ninth and
Fittieth Congresses as a Republican.
The THU d party was not side-tracked
in Iowa by the Republicans as it was
in Ohio, and in consequence is in the
field with full state ticket from gov
ernor to supreme judge. The candi
date for governor, A. j. Westfall, ran
for congress as third party candidate |,
last fall, polling 5000 votes, but failing
of election. He is an old time Repub- z
lican who believes in prohibition,
woman suffrage and fiat money. He '
won't be elected, but he may draw
enough crank votes from the Republi- j
cans to elect Democrat, which is t
what the Republican leaders fear.
They adopted Ohio tactics, but did 8
their work so clumsily as to expose 4
their plans to the third party people,
who nominated ticket to save them @
selves from the charge of being side v
tracked by the Republicans, The nomi. s
nation OF the third party ticket will
make the Iowa canvass very hot
,ne and give it national importance as
an opportunity to test the {
strength of the Farmers Alliance !
in the Northwest.
The surrender of the Itata to the {
United States warships at Iquiuue, ! Ii
together with the 5000 rifles she took c
IN board at San Diego, loses to the t
Gillian revolutionary party supply g
If arms that is no doubt much needed
out solves a somewhat unpleasant
in satisfactory way to
I'll concerned, excepting it may be the q
Immediate parties to the rifle specula
ion. However, by this surrender,
'ome provocation will be afforded to
The English critics who have been r
'neering at the Charleston's chase and
that the whole pursuit was o
! piece of jingoism ill consorting with v
he re al sympathy entertained in this =
country for the insurgents. The truth :
8 that even here so little is known
about the civil war in Chill that there n
las been no opportunity to form
opinion or extend sympathy of any
lind. But as the revolt is Interfering
With British commerce the natural
english deduction is that Americans \
ave nothing better to do than to