The morning call., 1893-04-23
NOT MUCH SCARED.
Carlisle Still Paying Out
Gold.
AND HE HAS PLENTY LEFT.
The Reserve Was Broken Into, but
the Break Was Healed in
Good Shape.
AND HE HAS PLENTY LEFT.
Special to THE MoRN1Se CALL

WASHINGTON, April 22.-When the day
closed the Treasury Department had to its
credit slightly over 100000 in free gold
1t is expected that this will be increased on
Monday, as there is disposition shown by
Western bankers TO help the treasury swell
lis gold balance. Several banks in New
York. too, are stated to have turned in gold
for gTeenbacks. Altogether there is a bet
ter feeling, temporarily, at least, and the
fact that no bad result occurred by dipping
into the gTeenbaek-gold reserve leads to the
belief that none will occur, If it should be
found necessary TO repeat the proceeding.
1t is anticipated here that large shipments
of gold will be made next week, and in case
such shipments are made there is nothing to
Indicate that Secretary Carlisle Will not do
as be did yeslerday-that Is. invade the
gold reserve in order TO meet all demands.
Government expenditures so far this
month have been heavy, exceeding the re-
eeipts by over 100000. This has been
the effect of reducing the net cash balance
in the treasury, which to-day was 81. &c.,
eco. OF this amount SlO,600,0O0 was in
subsidiary coin and S11,0OO.000 in national
bank repositories.
The exaggers ted stories which gained cir
culation last night and were widely pub
lished to-day. to the effect that at the Cub-
net meeting during the afternoon President
Cleveland and Secretary Carlisle had seri-
Gus misunderstanding which might lead to
the resignation Of Carlisle, were officially
denied by members of the Cabinet and Off
ciaIs of the Treasury Department to-day.
The relations which exist to-day between
Secretary Carlisle and the President are as
cordial as they have ever been. and there
Ah-., ..F > -arfz,v
tion.
What the policy of the treasury may be
regarding fin ances is still matter Of con-
jectu-e. for definite course mas not been
decided upon. The department will wait
DEVELOPMENTS and as emergencies arise it is
believed the Government will be fully able
TO meet them.
One result of the gold scare has been to
cause good deal of quiet discussion among
statesmen left at the capital of the necessity
for an extra session of Congress. 1t is un-
deniable that some Of them feel that such
session is pro bable, and at an earlier date
even than that predicted by Vice-Presldent
Stevenson, namely, in September next.
There is q question as to the authority of
the Secretary to issue bonds under the pres
ent circumstances, and although the decided
weight Of opinion lies in favor Of the proposi-
tion it should also be borne in mind that if
the Secretary decides in the affirmative he
is still bound to issue only bonds of the old
rates, 4. AZ and per cent. instead of the
3 per cent bonds it is said to be possible to
float.
II is Interesting to note in connection with
the gold situation, how during the past few
years the treasury has gradually lost
gold January 81, 1889. the net gold in the
treasury was S1o4. 900, 600; January 81, 1890
Sl77O coo; January 81. 1891, S14l, 600. coo;
January 81, 1892, SIG. coo, and on Janu-
ary 81, 1898, SI08, ,O0O,000.