Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-04-21
THE TINaNCIAL SITUATION.
SEQ tsry C.ssis-is .szk-. a Statement in Re-
E.ri to lr.

Esri to it.
Secretary Carte -; rieb, nnsde the fol-
!oWi statement res .ug lie saarci.l sitla-
Ion:
"iG the exerc.se Of tkr ,Ii-..-s..s,s-y ROVER
conferred n on The secre,arr 9. tls T-c,s,,ry
- iiis act OF JGlv II. lra:,. u ash-a1 raviua
sold TO- tx coin trsqs,lry .,-es i-sasi f,r tSs
.s,illse o! silve- bullion. All L. Will ,.yn,i--1.
- do 80 - long ~ n Ia sc.i .aufa,.v avail.
ale s"- that r1rrOse. la .sr Ais u-1,as, the
'-eFarnen@ las been. and is now. paying gold
i"r SILVER bullion and storing the silver IA its
'sf'' V re j; i, as useless FOR any purpose OF
'if.-l-a;i-a cr .cdemp:ion ss iron. lead or any
,-.-es c1-lIr.liiv.
We government. in the first place. !ssles a
"'---l rasur. boz III ps-yuG NJ for silver bullion
''"i ihrn tie CON treasury noe is presented at
~''f II ANY and the god is paid on: for IT, -
nat the eiect u precisely the same - II tin.
E-1iI were laid d.4ectly for the silver III r!ir
-'Ist instance. Abou: s-U0 OOO OF the gold
Nplra wds Withdrawn from the sub.reasury on
last ..es iay Tor shipment abroad WIS paid ont
81 t.ir-e com ;reASurr noes. No o:.ier has
ie=u uilde 10 stop Iie rHvmeut % gold upon
'Hs>- notes. Eor mas aGy oi.s been authorized to
sdv ina -uc.I an Orde- soEl be I-sred. Inc pur-
atr-e ~ ne pOse-rn:eat IN. preserve Its oysn
'redit E;''nir cached anu Maintain the parity of
Es tuu = a. Dy al lawful means viii not be
in view a. III existing legislation The only
'-e>iI"a io- consideration : = to The measures
tas- sght 90 be -jcy-ed to insure :he accom-
l'-:si-EsEt ~: thee iarpusls. ALL upon this
'.H~-Enn ths-e D.. O. course. s1o-n for wide
..-=r-'c-s - Op;-iJn- Tee total stock OF gold
'.!n arc god DI.I!on row ~ ;hi< country in
1di--s = held bv ,ii- ;reAeIrr well rs
Wa: l. he'd Uv tie "a saG individuals.
MODS ~ a. a. $40. % 30. Wien came
-s-.-s .A- lre.i-J-- ps-..-t,-.eIs on tine Ith dav
So. . O. an en- 4
DO: r,,.sc-,l To- 81 90, Lgt ID arrangements
''It.. -.eFf. bs;.a, 3. uas s-.-ed r1t!'. on
- - e. =. ,ril. - :.H:"-.C.e1 20 mari S5OOO-
co.. -. A@.., -hipia-a.s De2-,n 20 D made.
a.', $50 ..ay asp Te Lai on. "iIi; : io'ooJ'
aow - EnOga.s "a ~SSj.c0o. s..,e- 'ie'iEct-
1n1. . uIt as Uee1 F.i.'-.i-aW.: t,Om The sub
,Tsa--rv today fC- s..".a-T.s Arrangements
Re no. ~ PROCESS Dy wash more god Is 10
:"cT-et i-S;u liz s>-:. a9d 1 nope tina, a
>.si.iel-E: Iaaastv Will u ss@uisI 10 Keep the
s.1..t rFss- e ln-ac:.
.-fhs-s :. god enough in the country to
meet az the reGuIrementS OF the situation. and
I all Hl.o are really IH.e-e- :ed IN maintaining
>O1u3 ard ssaS!C c1-Tencv would assist she Sec
Teiary y. the Treasury II tns extent OF their
abi.i:iss tEe existing difficulties would soon lie
removed
IN arGi-.1: - this statement. Secretary Car
hs.e said Ia @51o .GGe j.: gold had been taken
GU: ~: tE- sUbfrea~';ry III New G1:S Yesterday
Tor e.pU-s- The c.t>s a. IGorey Vaii INFO the
subtre4-n.y Tor THIS gold withdrawal included
SO" eco II gold certificates. when. :, :ha:
s.alD.-. id not reduce .he god rrser,e. be-
case tE-r ihsiA-e.-eS we're pract-C..-.E gold.
80 tle actual goi.; redIctlC9 % ,he day
o@iy 4: 20 f90. leayi.r the balance stated
above. has - tne inst considerable amOuat
OF gold certificates raid into the sab treasury
FOR gold export Cor many years. and encourages
treasury O.ncials 10 hone that the bans,-. seeing
the situation. WI cOIanns 10 present gO;d GER
ridca'es IN pa-I pawn. ~ az east for gold with
drawn for s1pori.