New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-04-22
HOW STANDS mr.. CARLISLE7
UNCO CONFIRMED RIMORS THAT HE OPPOSES
A BOND ISSUE.
THE PRESIDENT SAID TO HAVE FAVORED 1T IN
THE CABINET MEETING-MR. CARMSLE's
fBY TELEGRAPH TO THE TRIBUSE.1

TBY TELEGRAPH TO THE TRIBUSE.1
Washington April o1.-The town has been distracted
today BY financial rumors. god deal OF Importance
was attached TO the coming Of Assistant treasurer
Jordan, who held long conference with the Sec'e
tary OF the Treasury, and anerward with several
other members OF the Cabinet AMI with thc fresi-
dent Whether Mr. Jordans visit had anything to
do with the modification Of the statement gwen 10 the
press by Secretary Carlisle last night or not, the
impression IS that some sentences were not written
In the statement originally II appeared when pub
lshci Mr. Jordans visit evidently strengthened the
President, II he needed to be strengthened, In 'Ee
determination which he expressed 50 emphauc'hy !"
his inaugural address. It has been said In these as
patches that the Cabinet was equally divided III re-
gard to the redemption Of the Treasury notes IL
ought TO have been inferred from what Mr. Cleveland
said In his inaugural that there will be no dlscrimlna-
ton in tho redemption OF United states notes.
Some OF secretary Carse's intudlcious friends nave
asserted within the last few hours that hc has said
the President: II you want to issue United Suites
bonds TO maintain the specie reserve you must INA
other Secretary OF the Treasury to issue them'
Most careful inquiry has failed to show That inc Sec
rotary of the Treasury has any such disposition what
ever He said in his statement last night That ne han
never proposed to pay Treasury notes In silver that
nobody had authority to say that he would do so.
At the same time the SECRETARY is surrounded In
this Administration hy men who arc inclined to
push him TO that declaration. There Is no DOUBT
ina, This influence has made an impression upon him
out OF this may have sprung the via stories "hl'r
were afoat this afternoon I'm Washington. and which,
nm 10 a late hour this evening. no member OF the
Cabinet conld be- found to deny II was represented
that at the Cabinet meeting to-day. which was an
unusually long one the President had said that. In
his Judgment n the specie reserve should fall below
a certain limit. the remedy must be- applied under
the Iaw-to sell bonds to maintain II. That. 1t Is
said was the result OF number OF conferences on Tie
same subject.
Among the reports In circulation about the Cabinet
meeting Is one TO the effect that the Secretary Of Tie
Treasury retired in a dlscontcncd mood, md in'i-
mated 10 ono Of his friends that no bonds would
he issued while he was secretary OF the Treasury.
This mus, be regarded as the gossip which one may
hear who does his best TO ascertain the tru'h "h"h
Cabinet officers remain mum. There Is no dohh'
that the situation IS one which engages The serious
attention the President and his Secretary Of the
Treasury as well ~ other members Of the Adminstra.
ton
In respect TO Mr.. Carllsles attitude on this sub
ioci 4, NAV be well 70 recall the fact that before
he became Secretary Of the Treasury, although after
be was announced 10 10 appointed To that once u
question arose In the House OF Representatives ~
10 the authority Of the secretary OF the Treasury TO
sell bonds in order 70 maintain the gold reserve
Their. was some doubt in regard 70 Mr.. Carllsles
nance Committee Of the senat" that he thought the
Secretary Of the Treasury would have ample power TO
soil bonds % maintain the gold reserve; arcrward
he was represented In certain newspapers as eN
pressing some doubt on that subject. Then came
IA. matter Of bringing the Andrew bill before the
House on spel al order. that order could be made
ONLY on the recommendation OF the d"mhltt'e on
Rules 81 which speaker Crisp was Chairman. IN ,
subject came before the Committee on Rules, ana
pendlng decision on It, Judge Crisp said 10 friend
Il wish knew whore carlisle stands. u" mas
hocn ON both sidcs ~ the fence IL he says mat The
secretary Of the Treasury has full authority 20 do HI.
thing. we need not trouh" ourselves ai"nt IL II
not we must push the special order .
The special order was not pushed II was wei
understood M that time both sides az ~" House
Tint I'm the opinion Of Mr.. Carlisle. ~" secretary "'
The Treasury had fall power 10 issue bonds TO main
tain tbe gold reserve Neither did Il NJ that TINE
enter into the mind ~ member Of the House" ="
far as current expressions would indicate that hr
maintenance Of The goa reserve DID not mean that
ali the promissory obligations Of the United states
should be- paid I'm gold coin. II II should h. demanded
There WIN be no change In the policy outlined In
thc Inaugural The Secretary has been open 10 the
suggestions Of indiScrcct friends, which lie VII. OH
consideration, disregard.