The western sentinel. [volume] (Winston-Salem, N.C.) 1887-1926, 1891-07-02
THE NATIONAL CAPITAL,
JAY GOULD ON THE COINAGE
ISSUE.

JAY GOULD ON THE COINAGE
ISSUE.
Thomas Nj. Vance Resigns a $1,000
Position to Practice His Profession
Other News.
Especial Correspondence to THE SENTINEL
WASHINGTON, June pa telegram
to this city from Jay Gould reports
that gentleman as Saying: Il think
1T would be very unfortunate to en-
large the volume of silver money lust
at this time. We have a superabun-
dance of silver as we stand, and I
think, if nothing more is done, that
we can about maintain the parity
between silver and gold. should be
afraid, If we went any further, that it
might be the last straw that would
break the camel's back. OF course,
[ am very anxious, as we produce SO
much silver, to see it maintained at
a high standard, but We have got to
take into account the other great
financial nations of the world, and
no one nation can afford to bear the
whole bonus"
Anton Karl, who for ten years has
been the disbursing officer of the to-
biographical division of the Geologi-
cal Survey, and was arrested Tues
day, was charged with embezzlement
of public moneys entrusted to his
care. Mr.. Karl has been in the Gov
ernment's employ for twenty-one
years. He was born in Wurtembarg,
Germany, is a Typographical engineer
ofgreat skill, and was employed in
that capacity until in 1881, when he
became disbursing officer of the topo-
graphical department.. Years ago,
before the Geological Survey, as at
present constituted, was established
he was the disbursing officer of the
Wheeler survey. Mr.. Karl was ar
rested Tuesday. Hemakes a state
ment to the effect that the ac-
counts are all right and that his
books will prove that the error con-
sists in a mistaken entry. He handles
hundreds of thousands of dollars and
| disburses it all over the United States
in amounts varying from five cents
to a hundred dollars. The shortage
is little over three thousand and it
is thought that Mr.. Karl will readily
prove his innocence.
The United States Treasurer's
statement, issued this week, s howing
operations to the close of business,
June 20, gives the following figures: !:
Cash balance, $43 ,O97, $40, deduct
ing $21 ,666, TAG on deposit in ma
tional banks and $2O,173,62 frac-
tional silver, FOR a total of 81, ,S4O,-
371, leaving a net balance or surplus
of 81 ,257 ,439. A statement prepar-
ed in the Secretary's office giving OPP
erations to date, shows a net balance
| in the treasury of 81 ,765, 900.
The row atSt. Louis between Amer
lean and Italian laborers would give
rise to another diplomatic tilt with
Italy were it not for two considera-
] tions. First, the local authorities
are hot on the trail of the alleged Of
tenders and have already made some
arrests. Next, if this were not so,
dealing with a small part of a COM
munity is a very different thing from
dealing with the whole of commu-
nifty. The chief lesson which is to be
| learned from the unfortunate affair
is the increased necessity for law to
restrain still further the immigration
of laborers under contract or con-
templating contract Immediately on
arrival.
A statement prepared at the Treas
ury Department shows that the net
gold in the treasury, coin and bullion
on the Goth instant was 1921 ,333, :,
339, or $11, ,S73 1924, less than was
held on the 1st instant, and $685.
SS9,O65 less than was in the treasury
June 1, 1890. Tie statement only
goes back to January, 1888, al
which time the net gold in the treas
ury amounted to $2O2, ,955, 1874, OF
$S1 ,621 ,S45 more than at present
The gold holdings were greatest iI
March, 1888, when they were $21S,
S1S, ,253.
Commissioner RaQm Wednesday
signed invalid army pension certifi
cate, number 100000, granted fol
disabilities incurred during the lat'
war. Widows and minors certifi
Gates have been issued to the mum
ber of 295 All; navy invalids, Ill,
SO, and navy widows, 5,6S7. Ther'
has been paid since July I, 1861, tt
survivors of the war of the Rebellion
the war of 1912, the Mexican War
and the war of the Revolution, O.
their widows and children an aggre
gate of 81 ,2S4, 10000.
Mr.. Thomas M. Vance, the young
est son of Senator Vance, has resign
ed his position as receiver of publ
moneys at North Yakima, Washing
ton, and Mr.. William II. Hare ha
been appointed by the President t.
succeed him. This position with re
quisites and fees pays, l am told
about 81, 200 per year. Tom Vanc
has probably saved enough to live OF
until he has established himself in
law practice He is lawyer by pre-
fession, practiced a few years at LII
noir, N. c., and if he resembles hi
, distinguished father he will make
, name for himself in his far northwel
tern home.
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