The Big Stone Gap post. [volume] (Big Stone Gap, Wise County, Va.) 1892-1928, 1893-05-11
WASHINGTON LETTER.
Potts Regular Correspondent
WASHINGTON, May s, 1853.

this country. . said Senator famous
for his conservatism In everything,
during private conversation, "it
viii be directly chargablc to the poll
ticians who are more intent upon
carrying out their theories than upon
the welfare Of the country at large.
There exists not the slightest reason
for panic, and I regard the furry
in Wall street which he's crippled the
cordage trust and several other slml
lar concerns as beneficial to the coun-
try rather than injurious. There was
time when the operators in Wall
street was regarded as a controlling
factor in the finances of the country,
but it has long since gone by, and to-
day they are known for just what
they are-gamblers. They got up
the recent scare for the sole purpose
of frightening the administration in
to issuing bonds, and in the end they
became its victims, and they have
few sympathizers and deserve fewer"
While there is no apparent connect
ion between the slump in Wall street
and the condition of the National
finances there is no question that the
situation in Wall street is being used
as an argument by those who are try
ing to persuade President Cleveland
to call an Immediate extra session of
Congress, to deal with financial mat
tiers. On the other hand, some prom
inent men who two months ago were
strongly in favor Of an early extra
session now doubt the wisdom OF call
ing one. They argue that in the
present unsettled state Of public
sentiment regarding finance it would
but add to the stir to have Congress
to meet and fail to agree upon any
financial measure that would meet
the approval Of the President, and
those who ought to be best informed
on the state Of Congressional scnti-
ment insist that such would be the
certain result of an extra session at
this time.
Representative Boon, Of Mimi,
ga middle of the road populists,
says the present situation vindicatcs
the position taken by the populists
in the last campaign as to the real is
sue, which they contended was finance,
and not the tariff. Mr.. Boon believes
in the reconciliation Of silver at full
legal tender value.
There seems to be general impress
sion here that the Geary Chinese
Exclusion act will not result in the
deportation of any of the numerous
Cinnamon who ignored it and refused
to register. There are two reasons
for this opinion, one being that the
Supreme Court, which will hear ar
ruments on the new law this week,
will decide it unconstitutional, and
the Other that the administration
will, even if the law be declared con-
stitutional, not attempt to carry out
it's provisions. If the administration
is opposed to the law, as it is said to
be, it has a good excuse for not car
rying it out by shipping the China
mon back to China, in the failure Of
Congress to appropriate sufficient
money to pay for their tickets; but
should the Supreme Court decide it
unconstitutional no excuse will be
needed.
The long expected fight between
the New York factions for the federal
patronage of New York city is ex-
pected to open in a few days, and
both sides are already we'll represent
ed here. Tammany has by no means
abandoned the hope of getting the
postmaster and the collector of the
port, the two places which control
the bulk of patronage, but the anti
snappers are confident that they will
get neither. There are reasons for
believing that these appointments
have been delayed because Mr. Cleve-
land has been trying to. ind men
who while not being exactly iden-
tilted with either faction will be in
sense satisfactory to both, or will at
least prevent either from claiming
that it was recognized and the other
sstnrned down.
Washington has stone cutters