Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1891-07-02
WASHINGTON LETTER.
INTERESTING NEWS BUDGET FROM
THE TIMES CORRESPONDENT.

Poor Booker is Indeed "In for 1.-THE
Worlds Queer Figures-Financial Con-
ation-ImmigratiOn InvestigatiOn-
Postal Competition-Other Matters.
Especial Correspondence to THE TIMEs.J
WASHINGTON, D. c., June 30, 1901
The president to-day presided over a
very important meeting of the cabinet
which was specially called to consider
financial matters. At this writing moth
ing official has been given out as to con-
illusions arrived at by the president; but
it is no violation of confidence to say
that there is not the slightest cause for
alarm over the financial status of the
government for the coming fiscal year;
there will be no default or deficit. 1t is
believed that it has been determined to
continue the four and one-half per cent
bonds, which mature in September at
two per cent, and also that the form of
treasury statement to be used after July
l, shall be simplified so as to give under
the head of ''available cash. all moneys
that are actually available. The present
misleading form is a relic from the
Cleveland administration, which would
probably long ago have been changed
had not the sudden and unexpected death
of Secretary Window occurred. Secre-
tary Foster has been in favor of chang
ing it ever since he entered the cabinet,
but there have been so many other inn
portant things to look after that it was
not until now that time could be found
to consider the matter with the delibera-
ton it's Importance demanded.
There is a gentleman in New Y ork by
the name OF " lillian Lane Booker. He is
Britisher, and consul general for the
British empire, at the city of New York.
Mr.. Booker may arrange his affairs to be
one of the best abused men in the United
States. British authorities, like Ameri-
can, require their consuls to make re-
ports as 10 the commercial situation of
the port where they are stationed. Mr..
Booker, as consul general Of New Y ork,
has made report and it is considered of
such importance, that the following has
been cabled from London: "Mr. Booker
says that the trade of New York has
been influenced by the new and higher
duties which have afforded benefit to
American manufacturing interests. New
life, he adds, has been impaired to the
cotton and wooden industry everywhere
but especially, says Mr.. Booker, is this
the case in the southern states, where
new textile mills are going up with sur
prising activity, while all the old mills
are being operated on full time. The
silk industry, Mr.. Booker's report says,
in conclusion, is the only exception to
this state of general prosperity 1t is
because of this report that Mr.. Booker is
going to have buckets of slush poured
upon him by the Democratic newspapers.
Mr.. Booker has dared to tell the truth,
and the truth that he told did not suit
Democratic ideas and therefore the papers
of that party will abuse Booker.
1t is singular that Democratic papers,
which claim to be decent. should descend
to such miserable tricks as one of them
has in the effort to show deficiency in
the treasury. The New York World
makes the statement of the deficit in the
treasury which shows net balance of
something over $43,000,000, and then
proceeds to deduct from that the SUBJ
sidiary coin-that is, silver pieces of
half dollar and under, now in the treas
ury, and the amount also deposited by
the government in national banks, the
two together making total greater than
ducts these from that balance and figures
out deficit. Of course the World knows
that silver coin in the treasury is money;
it also knows that the 1928 200, 900 depos-
tied in the national banks belong to the
government and can be drawn out by
the secretary of the treasury by tele-
gram if needed, and yet it deliberately
attempts to impose upon people by stat
ing that those are not available, and
therefore there is deficit in the treas
ury. There is neither good sense nor
decency in such kind of newspaper work.
Probably that is the reason it is to be
found in the World, as its general course
indicates that it neither processes to
have. good sense nor decency.
The Democrat who made the discovery
that there was $S7 ,000, 900 less in the
United States treasury now than there
was on the first of July. 1890, thought
that he had found veritable mares
nest. He was right about there being
that much less money on hand, but in
order to have made his statement COM
plete he should have included the fact
that since July l, 1890, there has been
paid out by the treasury for the purchase
of bonds $l13, Sl0,S43. just $26, $40, s43
UiihH lliC lOuuCtiOu Ill CASH SpOkeu
of. Thus another Democrotic campaign
yarn is disposed of. And so it will be
to the end Of the chapter. The thought
full people of this country will not be
stampeded by Democratic Measurements
Or partial statements of facts. There is
no mystery in the Republican admins
tration of the country's finances; the
facts and the figures are always accessi-
BILE.
EX-Representative Owen, the new
commissioner of immigration, says the
selection of Mr.. Weber, superintende Mt
of the immigration at the port of New
York, to be chairman of the commission
to visit Europe for the purpose of inves-
tigation, in place of ex-Congressman
Grosvenor, resigned, is one of the best
that could possibly have been made.
"Mr. Weber is" he said, lone of the
most competent men in the country for
such task, as he has had much expert
ence and is known as a man of discretion
and good sense. His duties as superin-
tendent of immigration at New York