Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-04-21
a, ,or,a,I bnv, rold legally avail.


able for the purpose. Under this pro-
GEES tho government has bcep, and now
II, having gold for silver bulllou, and
storing the silver 10 vault whore It Is
ms useless for any purpose VI circulation
or redemption as lion, lead or other
commodity.
"rhe government In the htst place
issues coin treasury notes in paying for
silver bullion, and then the coin tren'-
ury notes are presented at the sub
treasury and gold paid out for them;
20 the effect IL precisely the same ns "
gold were paid out directly for silver In
the firtt instance. About ss00,OOO #
the gold which was Withdrawn from
In, sub-trensury last Tuesday was for
sbipment abroad and wac paid out
on these coin treasury notes. No
ordera have been made 10 stop
The payment of gold upon these
notes, nor has any one been authorized
| 10 say such an order will be Issued.
The purpose Of the government to pre-.
serve our credit unimpsirod and main
tain the parity Of the two metals by all
| lawful means will not be abandoned
under any circumstance. In view OF
the existing legislation the only ques.
tlon for consideration IL as to the
measure that ought TO be adopted to
insure the accomplishment OF these
purposes and upon this question there
In OF course room for Wide differences
OF opinion.
"rhe total stock Of gold coin and
gold bullion now in the country, In.
Guiding what IL bel by tho treasury
as well as what Ia held by the banks
and individuals, amounts to about
$40, 100000. When came into the
treasury department on the 9TH day Of
March, the amount Of fren gold gu
hand had been reduced 10 sOs7, 200, but
by arrangements with western banks
1t was increased until on the lst Of
! April II amounted to nearly $1,000
900. Then heavy shipments began to
be made, ana two days ago We had
only about $40, 900, but now 1t amounts
10 1886, 900, after deducling what has
been withdrawn from the sub-treasury
today for shipment. Arrangements
are now In progress by which more
gold Ia TO be procured from the Wost,
and hOpoa sufficient quantity Will
be secured to keep the gold reserve ln-
tact. There IL gold enough In the
country to meet all the requirements
Of the situation, aud II all who are
really Interested III maintaining n
sound and staple currency would
assist the secretary Of the treasury to
the extent OF their abilities, the exist
Ing difficulties wouli soon be re-
| moved.o
In addition to this statement 5ecre.
tafy Carlisle said $500, 900 Ia gold was
taken out Of the Hut-treasury in New
York today for export. The class
- A.. H..
gold withdrawal included $780, 900 In
gold certificates which 10 that amount
did not reduce the gold reserve because
they themselves arc practically gold,
NO the actual gold reduction Is only
$500, 900 leaving a balance rs stated
above. This Is the first considerable
amount Of gold certificates paid Toto
the sub-treasury for gold export for
many years and encourages the treasury
officials to hope that the banks seeing
the situation, will continue TO present
gold certificates In payment at least
for gold withdrawal for export.
THE LOWERING OF THE FLAG.
A private letter from United States
official in Hawaii states that Mr..
BlOunt did have consultation with
Stevens on tho subject, and that
Stevens conceded with the commits.
sionor In the action.
The japanese, aud In fact all the
people Of the Islands. are peaceably In
clined and do not anticipate trouble,
AMI the only agitators there ut present
are the newspaper correspondents.
CHARGES AGAINST OFFICERS.
Assistant Attorney General Colby
today forwarded TO Professor Mark
Harrington, chief OF the weather bu.
reau, formulated charges against him
and other officers Of the bureau for
alleged malfrasance In office. The
charges INCLUDE Misrepresentation OF
facts, shielding unworthy employees,
the evasion or violation OF the civil
service law, inefllciency, mRladmin.
istration aud Improper diversion OF
public funds. Tho secretary Of agri.
culture requested the resignation Of
MaIor y. 5. Redwood, assistant chief
Of the weather bureau, and the resig-
nation was rendered and accepted.