Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1893-07-27
Washington Letter.
(From our Regular Correspondent
Washington, July q, 1893

what remarkable speech delivered at
the New York bankers banquet by
Comptroller of Currency Eckels, or in
deed upou anything else-he is so hop
ping mad-his friends have let the cat
out of the bag. and it is known that
about the first thing the Secretary did
after be got back to his office was to
send for Mr.. Eckels and give him about
the worst ten minutes he ever had IN his
life. Mr.. Carlisle has temper, as IS
well known in Washington, and it was
reused to the highest pitch by the
.'tafIy" which Mr.. Eckels so literally
distributed to the New York bankers,
whom Secretary Carlisle has rot for
given for refusing to let the Treasury
have part Of the gold lying idle in
their vaults, unless bonds were given
them for it. Having just returned
from Chicago where he learned of the
injury done by the refusal of the New
York banks to furnish western banks
money, even on the best of security,
was not calculated to make Mr.. Carlisle
take more kindly to the sentiments ex-
pressed in Mr.. Eckels' speech.
There is a smothered storm of indig-
nation among democratic congressman
from the South and West on account cf
Eckels' speech, and il may burst out
before, or upon the floor of Congress at
any time. One of these men, speaking
to several of his colleagues and person.
al friends said: elf Mr. Cleveland
knew in advance of the sentiments con-
tanned in that speech. and approved of
them, it means that ne has surrendered
boot. bag and baggage to Wall Street,
and that the people who voted for him
under the impression that he would not
De controlled by Wall Street influences,
have been betrayed If he did not
know of them he should lose no time in
firing Eckels for having expressed
them. rs "A practical and convincing
proof to the people that they are not
endorsed by the administration No
halfway business will do; if Eckels be
retained in his present important posi-
ton the country will not be slow in TAX
ing it 10 mean that he expressed the
sentiments of the administration, and
then-wel, just keep your ear to the
ground and you will hear something
Republicans are disposed to regard
this whole thing as merely the result of
champagne, and the attentions of a lot
of elderly wealthy men to a young man
who is poor and ambitious of being
known Still they recognize the bad
taste of the man who holds q position
second in Importance only TO the Secre-
tarY of the Treasury. from a financial
standpoint, making such speech under
existing circumstances. at hardly
seems probable, said Senator, "that
he would have spoken As be did without
Mr.. Clevelamd's approval, and il he
had that approval it indicates finan-
oial split between MIR. Cleveland and
Secretary Carlisle. 1t was long ago
predicted in this correspondence that
Eckels ives bound to get into trouble.
Congressman Byrum, of Indiana, is
opposed to the wildcat state bank cur
rency part of the democratic program,
and is not afraid to express his opinion.
He says: II do not believe that legis-
lation authorizing the restoration of
state hank currency will be passed by
Congress. The day for that sort of
money has passed" Mr.. Byrum is, of
course, in the democratic minority on
this question. but it begins 10 look as
though there might be enough demo
Gratis who think as he does, in cOnjunc-
tion with the solid republican vote of
the House. to save the country from the
wildcat experiment, unless the southern
wing Of democracy which il rabid for
wildcat MONEY succeeds in making u
caucus question.
The democratic tariff snag will prob
ably be struck in the Senate, where their
msiority is small There are at least
four democratic Senators German, Of
Mary Camden aud Faulkner, Of
West Virginia and Gray, of Delaware
who are regarded As certain to op
pose any reduction Of the present duty
on coal. iron, lumber and several other
articles ID which they ana their eonsnt-
uents are largely interested, and with.
out their votes no democratic bin can
pass the senate.
one of the odd things in the coming
congress will be the appearance of Rep
resantative BourkC Cochran, Of Tam
many. whose two Observation-Disclosures
ing ant-Cleveland speech was the SEN
sation of the Chicago convention, ON
-, g.. r,f tha l4onSo a. Mr. EipVp.