Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1891-05-02
w.smxnmx. Anil 2. 1881.

wAsmx0rox, Anil 2. 1891.
Senator ReagsAr resignation 10 se-
eent The Craftsmanship Of tbs SeS
Texas Railroad CommhsioH- vhi'e u
hsd beea 6i.co.<el smong bic friends
a possibility eve: sisee the COuna-
.iov IS created re. ~severfs<'ess 5
genuine surprise 70 the public, and
the namIny Of Mr.. Horace Chiffon a.
hi. successor vas . siill grester sur
prise. TsI.n. scw here speak in the
highesti.rm, Of VIZ, Chiffon. bat they
do not disguise their disappointment
a, HE selection, They think, and say,
that the national reputation Of Mr..
Miiis 10 ssch - should. have entitled
him 10 . refusal Of the position Ow-
ing to his candidacy for the Speaker
ship bic friends express . doahs - to
whether he wes,d hare accepted tbs
appointment
Geperzt jobs g. Black, sx Commits
siouer OF Pensions, Is visiting Wash.
ing,on, aud he doe, 10, deny that IN
ceraiu contingencies. bis name may
be presented TO the Democratic Ma
tional convention next year By the H.
llupis delegation. The program, -
outlined By one Of his friends, 10 some
thing likeihi.: Senator Palmer hav.
ing deuied'th nse oitiz name nnder
any circumstances, il has beeh deter
mined by .ome n Tie leading demo-
Gratis of the State, with The 'cobcnr-
renee Of Senator Palmer. that i'm eA<e
ii becomes evident that the head of
ne ticket win go foihe West HEY viii
presebt and rige the claims u Gen.
eral Black tor the domination. snd 1t
an eastern man heads the ticket Gen..
-ersi Black win be presssd for second
place. lie was a candidate before the
convention Tor Vice President 10 1888.
n you present 8 check Al a bank
and II WAS paid in dimes and nickles
you would naturally suppose that the
cash In that bank vas running very
low. Well, the Treasury which, when
i, came into the hands OF the republi.
can a little more than two years ago,
contained . cash surplus OF more than
10 hundred million Of dollars, is now
depositingin National banks, subject
to ito checks for current expenses, the
small silver currency that il has accu-
INFLATED dnriny several years. and it
has 10 pay The hanks 10 take it too.
And even with this II is feared that
when the quarterly paymeu, OF about
$50 OK, oOO>for pensions, is made on
July ], that the Government strong
box will be entirely empty.
Secretary Foster Is beginning 10 re-
| alizc the situation, and he bag become
so alarmed 4, tho falling of In the
| receipts from customs duties and the
co6seqnent ~lesscning Of the already al
most wipcd-out surplus that he has
decided 70 allow The holders OF the
s43, 060.GoC 4. per cent bonds. princi'
pally national banks, which will ma.
tnre Sept. /, 10 have Them indefinitely
extended with the interest reduced 10
two per cent. Bui not even this and
The suspension OF payments into the
sinking fund can stave off that deficit,
which l~ong-headed democrats 10 Con
gress predicted nor that a year ago.
}Thisis & wealthy country but billion
| dollars in Two years 10 rather more
than it ran stand as . regular Thing.
When the bargain 10 completed
whereby Secretary Proctor leaves the
Cabinet for the Senate, there's going
to be q mighty lively row in the re,
publican ranks % TO bis successor in
the cabinet. New England will Of
course, think she is entitled TO the
place, but the Northwest will demand
that the man 10 be taken from that
section, and then the fun will begin
Mr. Harrison's natural inclination will
be TO put the place where ii will MAXI
the most Harrison votes in the nomi
Mating convention, but he will have Il
play il very fue TO keep from ioalnf
as many rs he gains.
The Secretary Of War has given con
tract for improving the entrance t.
Galveston. Texas. barbor to a -Dalla
Arm. The price. for the work 10 $e
1863, no, which is Tic largest amonH
ever paid on 4 single contract Tor haf
Dor improvements,
T'eventy ~ T.eoury employees to
day began ;he coaht. Of 1.-The cssh in II
vaults msde necessary by The chang
In the us. Tr~easurership.
| D." 49, .