Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1893-04-23
ASK IT OF CONGRESS
Carlisle Nod Hep h ths oosd
cs;ss
An fxTM VIII st CALLED
- snnnsU - oosuuongy - - 36uo.
~ whsshns - - - esUss
- lhDno Dnnlk

WAamfSGToz. Aygd &-A psuD1nGos
dsusoesst ssnassR. uhOus rslntinas vitA
6scrsensy Casliale sso vesv c1uss. GnSd
sostay thas ~ - aba - dsay. IN ths
noss positive wsy. the ssosy that frsc-
sien had been engsndsssd In the cabinet
- the result u dincrcnees In the vssvs
of the PRESIDENT and Secretary Csriials
- - the treatment % the pressat sasr-
gency. Il wss assured" said tho ssna-
tor. that the cabinet 10 absolutely bar
maniocs: that the members are of cas
mind"
One result of the gold scare has been
o. caus- a good deal Of quiet diss'ussioa
among the statesmen left at the capitsl
of the nece~saty % an extra ssssion of
congr-ss. Und~niabie 10 10 that some of
them feel that such session 10 probable.
and ., an earlier date even than that
predicted by Vice President Stevenson.
namely. September next. That date
vas lived in contemplation oe the nect~
city 60 effect legislztion- But the
treatment II such great financial ques-
tlons a. are nov before the administra-
tion. 10 10 argued that the lapse OF time
becomes of superior Importance. There
- question ~ to the authority II the
secretary cf the treasury to issue bonds
under the present circumstances %
course. once an extra session begins. it
H. assumed by tho<e who discuss the
matter. that congress viii feel Obliged
90 deal not only with the question ef
gold reserve. but also with the financial
conditions. which. in some quarters. are
asserted In have caused the present
state 20 affairs which ia plain Engliah.
neans the operation of the Sherman sil
yer lAv.
VIII C-e the Reserve.
When the day closed the treasury de-
psrtment had 90 its credit slightly Over
esU.oo in free gold. II u expected
that this will be increased Monday, ~
there is disposition shown by the west.
erp bankers to help the treasury swell
its gold balance. Several bankers Ia
New York. too. are stated to have turned
in gold for greenhacks There 10 bet
ter feeling. temporarily at least. and the
fact that M bad result has occurred by
dropping into the greenbsck gold re-
s-rvc. leads tn the belief that none viii
occur IL il 10 found necessary 10 reTeat
the proceeding.
II 10 anticipated here that hrge ship
ments % gold vill be maslr next v~ek.
large enough. II 10 expected. IN again
wipe out the free gold and invade che
gold reserve. 40 Official information of
the~r shipments have reached the treas.
ury. hut the reports come from sourcss
usually correct In cass. the shipments
are made there 10 nothing 10 indicate
that Seesstary CarlisIe viIl not do % be
did Yesterday. viz invade the gold re-
serve - meet all demands.
The expenditures N far this month
are evce~ding the receipts by over esO0O.-
en- This has had the effect II reduc.
ing the net cash balance in the trcas-
ury. which today is t33 90. 600. and Of
this amount slo6OWO is in subsidiary
coin and sil0ouO is in national hank
depnsItsries.
Cash In the Trcasuvy.
The statement ~ the United States
treasurer shox ing the classified xsssts
20 the treasury and the demand habit
ties AZ the close II buxinees today IL IA
follows
As~efs: Gold coin and bullion. gro.
50T. 80. silver dollars and bullion. tkn.-
972.ilI: silver dollars and bullion. act
July IL. iSO. tiJs. Isi.3la. fractional
silver and minor coin. elt t.lSi.312; Cri-ed
States notes. ~. 40. -: United States
'ressury notes. t2,3Dis9. gold certifi-
Gates S.ss<5.a go: silver certificates.
G.9p2l5: national hank notes. &5.6ls..
ga. deposits At national bank depssi.
tories general account. tll.GB.s;i: dis
b,irsing officers balances. tt.t5s.sst
Liabilities Gold certificates. tlli9Si-
lso. silver certificates. xs2s.l1tsOt:
Uni'ed States treasury notes. si.is.Jss.-
.,-f. currency certificates. eli.
disbursing officers balances. agency ac-
counts. etc. uI.li0ssO