The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-04-26
TREASURY GOLD.
The Holdings Yesterday 100000 in
Excess Of the Reserve.

Washington, April 25.-The net gold in
the treasury this morning over and above
the 500 100000 gold reserve is 5000, 600
This accounts for the gold taken from the
New York sub-treasury for export to-day,
and also for the gold offered and accepted
from Boston bankers. it does not, how
ever, include the gold which was offered
to the government from San Francisco
and Roanoke, Va. These amounts viii
appear in the treasury figures when the
actual exchange is made. Secretary Car
Isle is much encouraged at what he
terms 1.-The patriotic position taken by the
Boston banksn
to the cabinet meeting this morning a
bundle of papers, presumably bearing on
the conference of the New York bankers
with Assistant Treasurer Jordan. In the
incomplete condition of that matter the
secretary did not deem it prudent to ex-
press an opinion.
NEW YORK OFFERS REJECTED.
At a cabinet meeting this afternoon
Secretary Carlisle brought up the prop
osition of the New York bankers to sup
ply, under certain conditions, the treas
ury department with gold 1t was very
thoroughly discussed and finally rejected
What this proposition was is not known
here, as Secretary Carlisle declined to
make its terms public 1t was not, how
ever, considered advantageous to the gov
eInment This was the elimination of
several propositions submitted one of
which was declined last Saturday. a
counter proposition was then made by the
bankers to the Secretary of the Treasury,
which was received last Monday This
was also rejected, and in turn
the secretary submitted prop
nQitlOn To fbpTn which tbpNy alGn
refused to accept. All negotiations
therefore between the treasury depart
ment and the New York bankers are off,
at least for tho present, and Secretary
Carlisle will look in other directions to
continue to replete the treasury gold. The
administration does not desire to issue
bonds and will not do so except as a last
resort. That time, in their opinion, has
not yet arrived, and il their efforts to
obtain gold are successful will not soon be
reached.
Representative Wise Of Virginia called
on the President this morning and pre-
sented the petition signed by the bankers
and business men of Richmond, asking
the President to issue bonds to relieve the
financial situation. The President re-
coived the petition, but gave no indication
of what his purpose will be in the dircc-
tiOn following the suggestions made
uCItlu.
AN OFFER FROM BALTIMORE.
Baltimore, April 25-President Douglas
II. Thomas to-day telegraphed Secretary
Carlisle that the Merchants National
Bank is willing to put at the disposal of
the government 100000 of gold, nearly
onc-half of the gold which the
bank holds. The offer was accepted
President Thomas said to reporter of
the Sun that he was prompted to his ac-
tion by the statement of President Cleve-
land that it is the intention
of the present administration to
maintain the parity Of gold
and silver as far as possible,
and the treasury coin notes presented
would hereafter be paid in gold as mad
heretofore been the practice. "This bold
utterance of the President" said Mr..
Thomas, "has had reassuring effect in
financial circles and does much to regain
confidence -