The Penn's Grove record., 1891-05-01
Washington Letter.


Col. l.. L. Polk, president Of the Ma
tiOnal Farmers Alliance, who IS IN
New York on an educational mission,
has sent some news to Alliance head
quarters in this city that has greatly
pleased those interested III the growth
of that organization. His success has
been far beyond his anticipation, and
one Alliance man with whom | hSd a
talk vas certain that the organization
would soon control the balance Of pow
er in New York state aud he in a posi-
ton where it could dictate terms to the
two political parties.
Senator Reagan's resignation was not
Il surprise here, as it had been conSid.
cred a probability for some time, but
the appointment of Mr.. Horace Chiffon
as his successor was not only u surprise
but q decided disappointment to the
Democrats, who had hoped to see the
honor 90 to Nh. Mills. II must be ad.
United that these hopes were not alto
gether disinterested-Mr. Mills renew
al from the Speakership c0nteS; would
have been a relief to his friends rs well
as to his rivals.
CNNltlNlN jbAbllIV lCAAtoNN " NFh ~
publication, but from several Of his
friends / learn that he was very much
displeased that he should have Teen
used by certain parties at the recent
Republican League convention to belit-
tie Mr.. Harrison, his chief; sna it adds
to his displeasure to know tia. he can
say nothing that will not Tvs miscoSS-
trued. If lie should say that he isn't =
candidate and that lie would not nc
cept the nomination, he knows that lie
would be accused of declining some
thing that had not been offered to him,
therefore lie contents himself with tell
ing those who have a right to ask him
that he is for the denomination Of Mr..
Harrison. 1t inst for me TO criticize
Mr.. Blaine's sincerity; but | will say
that il MI. Blaine really wishes Mr..
Harrison to get the nomination, he will
certainly get it.
The secret service officials of the
Treasury department had their ingenu-
ity severely taxed by the dangerous
counterfeit of tie 81 silver certificate,
and it is still as great a mystery as ever.
The latest theory is that in some man
ner an impression in some soft metal,
wax, was taken from the genuine
plate in the Bureau of Engraving and
Printing, and that FROM that impress |
sion the plate was made from which
the counterfeits are printed. Such
are not impossible, though one
would suppose they ought to be, as was
shown way back in the seventies when |
the firm of Jay Cooke Il Co., bankers, |
had a lot Of Government securities that
counterfeited in precisely that
manner.
Secretary Foster has decided to give
The holders of the S43. 900, 900 of 81
per cent bonds now outstanding, near
three. fourths of which are held by
Treasury as security for national
bank circulation, the option of having |
these redeemed between this and the ,
late OF maturity September l, neXt-or
Of having them run at the pleasure of
the government with interest at ? per
cent per annum. 1t will be remember
ed that in 1881 Secretary Window did
a similar thing with the 6 per cent
bonds maturing in that year, continu-
ing them at 81 per cent. This action
10 ltSuLatN - AbaiiN &c q wv VI laNpiI
tism to ward the national banks, but it
is claimed that it is to I've done because
the money will be needed and that it is
not known yet whether the banks will
to keep their bonds at a reduced
rate OF interest. That is stuff. Not a
bank will surrender their bonds until
are obliged to.
San Domingo has an agent here who
is extremely anxious to negotiate a re-
.ciprOcity treaty with us. He is author-
lzed to give the United States a coaling
in the Samoan bay, and if the
telegIaphed news OF our failure 20 Sc
a coaling station from IIayti be
rue, that may help him wonderfully in
negotiations.
The count OF the cash in the Treas
consequent upon tie induction of a
new U. ). Treasurer has began and
will take all the time of about seventy
i've employees for ten days or there
Secretary Proctor last week awarded
he largest single c ntract ever given
harbor improvement 10 Il Dallas,
firm. 1t was for imp owing the
entrance to Galveston harb0r. aud the
amount Of the bid was 50, 4G9, 40.