The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-12-31

| DenIai or the story that Secretary Foster
Proposed TO Issue u New Series OF Bonas.
hut Wa. Halted by tho Prcsident-" Hort
sontni Bm" Morrison Proposed TOR Sec
retnry OF the Interior InconvenIence
! or the Quarnntine at the White House.
WASHINGTON. Dec. Treasury officials are
somewhat annoyed Mt the gold scare. which
thoy say was originated in Wall street for
| speculative purposes. In tho absence OF Sec
, Rotary Foster all inquiries on tho subject nre
referred to Mr.. William i. MACEDONIAN. chief
| Of the warrant division who is the financial
wizard Of the Treasury Mr.. MacLennan does
| not share the anxiety of sumo OF his as
sociatcs over tho financial situation. and IN
conversation with the correspondent of THE
Sun to-day he gave quite u rosy view OF tho
| condition of tho Treasury
| There seems 10 be-" said Mr.. MacLennan.
| "A lack of Information among certain peoplo
| on tho gold question. Every time a large ship
| ment OF gold Is announced cry goes UP that
| this country Is being depleted OF its gold for
| the benefit OF foreign countries. TO persons
| not familiar with the situation it would appear
that these shipments OF gold simply take that
| much precious metal or money out OF this
| country. leaving nothing behind in its stead
| That Is q false impression. For every dol
lars worth OF gold that leaves this coun-
| try its equivalent comes back either
in tho form OF merchandise. redeemed
bonds. or some other security. 1t some
times happens that holders VI United States
| bonds In Europe desire to exchange them for
| gold. 1t also happens that foreign countries
| desiring to increase their supply OF gold como
into the United States market and buy 1t.
| Such transactions. instead OF causing a COM
| motion in financial circles. ought to give con-
fdcncc in the stability OF this Government. for
it shows TINT we have Efficient gold 10 meet
| our own de ma nds and can also spare some Tor
| shipment abroad.
AS IL matter OF fact" continued Mr. Mac
Lehman. there is over $12.O0O.OOO more gold
IN the Treasury Department to-day than there
was Mt certain periods last sum mer There is
something over Sl24.OOO,OOO In gold now on
! hand which Is but few millions less than We
had at this time last year. On Dec. 81. 1891.
there was Sl3O.OnOOOO of gold in the Treas
ury. One hundred millions Of that amount is
urcenbucks. leaving on hand ABOUT S24.NO.UOO
| OF what we cal iree gold. because there Is no.
leaves "a comfortaUIu margin Tor the trade.
This does not include III. sl23ipo.ooD hell in
Wien ,Ss Is aaeh !" ns sSH It
shows that there is actually s24 '.JcnOth' in
| gold now IN the TREASURY"
| Mr.. MacI.ennan ridicurs the statement that
Secretary tn;tcr rroposed to ,s u, Ne new
y hs s' wT Searar from md opE
.Taci.cnnan have Il thorough understanding
on all financial 4n'ss"ns. amt tine latter says
propose ut this time TO put now bonds on tho
tho Treasury Mr. AIneIennan says tho
debt statement. which will be given
IL" ' Tr"asnry Of u something liz" si;A'
:i2sooo. The SURPLUS, would have been much
enormous expenditures for pensions dur,n.
tho present month This has ,,een nm un;
branches al tho service, aud the pension M
| uroprintions alone amounted TO TlomoO'"
from customs and internal revenue durn.:
the past ca endar yenr. tho surplus has been
ss py 'S hs Year @
shown an increase IN the revenues over the
m.n in The PRECEDING year During
s:i00O.MU more than they were for last De-
In regard to the story that Secretary Foster.
wien In New York recently. submitted 10
bankers q PROPOSE. ion TO issue nlty, or ~ hun
e stated at The White "uDe th
ton Of III: Srrrc"Ty d IL" treasury e visit
New lnrE AMI has not COMMUNICATED with him
does no, think ,hr Treasury will NM! II neces;
several times nnric!y lint he would mnn-
lnin th" rarity o. al! money ISSUES. anl That
ment rtw.on lie President and the Secretary
as 10 the management Of the Treasury.
Interstate Commerce Commissioner Nor
rison and his friends express confidence that
tho ce.ehr.tcl horizontal tariff rcdu"cr is to
bc Secretary of the Interior in the new Cih-
net. The o',s:a"s in IN, his way has been 'hGn=ht
are divided into two factions enrh "t which
conhi j." c"untc on '"oppose whn"ver the
friends have hc-n working for harmony. with
II view o! getting tn. united surnort Of the
Iiemorru'S u! She State for him Tor the Gait met.
SllspySSItll.
visit nt Representative Owen Scurt t. Mr..
Cleveland! TINS week WAS =, TO- convey TO nm a."
anti Morrison faction. that the selection OF
Morrison for the Cabinet would TO received
with favor 10y the uni ed lllinuis Democrats.
For eight or ten years Sem tor Morrill, OF Ncr-
mont has been striving to make the nation see
the necessity for n complete separation OF the
Mansion Mrs Harrison exerted her ability in
trying TO overcome the objections Of the PEG.
have V two distinct buildings by drawing plans
to lnlt tw" wings on the present mansion. 50
yh"a r.. ~n 9rar pa a2S
but thus lar nothing has been gained
es TSfo" of al ar an" at cN %s
House is stronger argument IN favor Of the
proposed chnngrs than anythin; which has
yet been put forward. Tor here j. The lhiei
isver in ihe IaIlSi"e, whi"h .h"a,i be oren e
fr" S the res drnce portion Of the house. il is
only by Railways and doors. and IL is unrrn.
sonabIs thnt those who have business WITH
| tho President should zee him only in n house
which has the nontagion ni scarlet fever in It's
atmosphere. We're the disease in any 9thcr
| house in the city he entire building. and not
simply portion OF it. would DO uuarantined.
Mrs. Fuler.wife OF hicf Justice Fuller gave
n tea this afternoon. at which their daughter.
Miss Margaret. made her debut. An unusual.
" large number o! guests were present. Tho
house was profusely decorated with flowers
and palms aud the usual Christmas lecnrn-
tons. Mrs. Fuller and Miss Margaret stood in
the drawing room to receive their guests. who
were forced To- pass 70 rnrdly that II wns i'm
| posSiblS to get even n word with the hostess
The gown worn BY Mrs. Fuller was pearl-gray
brocaded sat IN. Tho dtbutante was becoin-
ingly gowned In white
Little Martens Harrison. tho Presidents
grandchild. who Is i'll with scarlet fever, is re-
ported TO be doing very well to-day. with
every Indication OF ultimate recovery. Her