The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1891-09-03
WASHINGTON LETTER.
[From our regular correspondent

WASHINGTON, D. O., Aug. 28th, 1891.
Ifthe President returns to Washington
within the next three weeks as he is ex.
pected to do, he will find the White
House scarcely habitable as it is not ex-
pected that the workmen can possibly
finish the repairs before the first of Oc.
tober and to get through that early it
has been found necessary to postpone
a portion of the work to be done until
next summer.
Secretary Foster reports our financial
condition to be excellent and improving
every day. He anticipates not the
slightest difficulty in taking up such of
413 per cent. bonds as shall not be pre-.
sented for extension at 2% on or before
September 2, which is the last day that |
thsy can be extended. He does not /
think the amount to be redeemed will
much exceed $40, 900, 600, and he has an
available balance of $1O6, ,OOO, 900 exclus-
i've Of the $lOO,OOO,OOO in the much writ.
ten about "gold reserve" fund. These
bonds like all issued by our Government
are made payable in gold should the
holder desire it, and as the Treasury has
in its vaults more than $29,OOO,OO in
gold coin, in addition to the "gold re-
serve" there will be no difficulty in &C.
commodating the owners of the bonds
presented for redemption even should
they all desire to be paid in gold. This
state OF affairs is very gratifying to every
| body, but the Democratic calamity wall.
ers who have for months been saying
that the United States Treasury would
be bankrupt and that when the time
came to take up these bonds it would be
compelled to default in the payment of
them. OF course those of them who
know anything knew better all the time,
but having been so successful last fall in
their campaign of Misrepresentation
they have for lack of any other prin.
ciple adopted that method of fighting
the Republican party.
The news of the Governor OF Vermont
having formally notified Secretary Proc.
tor of his intention to appoint him to
serve out the unexpired term of Senator
Edmunds, when his resignation takes
effect November 1st, created no surprise
here, as it was only carrying out what
everybody had accepted several months
ago as certain to occur. Secretary Proc.
tor has ably administered the affairs of
the War Department, and while every
one rejoices that he is to occupy place
that is more congenial to him there is q
great deal more regret than usually fol.
lows the retirement of a member of the
cabinet that he is to lay down the War
portfolio. Speculation is rife as to who
| will succeed Secretary Proctor in the
cabinet and many names are being men
toned, among them those of ex.Gov.
Cheney, of New Hampshire Senator
Farwell, and x-Representative Cannon,
of Illinois; ex-senator Speoner, of Wis.
consin; ex-senator Malone, of Virginia !;
Hon. r. T. Lincoln, U. s. Minister to
England; ex- x-Representative McComas,
of Maryland; ex-senator ingalls,, of
Kansas and Gen. Alger, of Michigan.
The President is away and there is
nothing to base any reliable prediction
upon to be obtained here, so that every
body may guess to their hearts content,
and talk up their favorite. There is
reason to believe that the President has
{ already picked out the man and obtained
his acceptance of the place, but it isn't
probable that his name will be officially
E announced until Secretary Proctor'e
resignation has been formally accepted,
> and no one here seems to know just
{ when that will be.
, Secretary Noble, as the head of the
Department under which the United
, States Geological Survey works, was
!. selected as the proper person to deliver
the address of welcome to the members
of the International Congress of Geolo.
gists, now holding its fifth triennial ses.
sion in this city, and the selection was
we'll made, as his address was an excel.
lent one; highly satisfactory to his hear
srs and creditable to himself and the
administration for which he spoke.
" It raised broad smile in Washington
d when Representative Crisp said that the
contest tor the speakership was friend
ly one. Mr.. Crisp may be friendly in
his feeling towards his opponents, but
theys Or rather their representatives, are
certainly not friendly towards him, when
fthey axe running around abusing hin
and trying to create the impression thai
he il the friend of all the Democratic
lobbyists and that he will be under