The Big Stone Gap post. [volume] (Big Stone Gap, Wise County, Va.) 1892-1928, 1893-06-08
WASHINGTON LETTER.
trost's Regular Correspondent
WAsurse7oS, juno 5, 1893.


amount will he required to meet the de-
mands for the next week or ten days.
Great pressure is still being brought to
bear By the NewlYork bankers to COM
pei an issue Of bonds, but it is having no
apparent effect. q special meeting of the
cabinet was held this morning to consid-
or this question and it was very lengthy
ono. No announcement has been made,
or is likely to be made for some time Of
any change in the present policy, al
though there are good reasons for be-
lieving there will be change should the
present demand for gold continue any
length OF time to be as great as during
the past week. While it cannot be stat
ed as certainty il is believed by some
lawyers that Secretary Carlisle has au-
thority under the section OF the act Of
March II, 1862, to issue legal tender notes
for the purpose Of purchasing gold. The
cabinet is said to think that this method
il be legal would he preferable TO al
issue Of bonds Those who claim that the
authority conferred Ivy the act mentioned
still exists say that there is no limit 9TH
er than the Secretary's discretion to the
amount Of legal tender notes that may be
issued to purchase gold. This method
would meet the approval of those who
think an increase in the amount of money
in circulation would be advantageous, and
il could not be claimed by those who pro-
TESS to be in deadly fear OF Il deprecated
currency that there would be the slightest
danger in that direction, as every dollar
80 issued would be replaced in tbs Treas
ury by gold dollar, provided, OF course,
that the gold could be ohtuined at par.
Your correspondent doubts the existence
of the authority for the issue Of legal ten
der notes by the Secretary of the Treasu-
~.
The annual meeting Of the board of Ia
DIV regents Of the Mount Vernon Associa-
ton, which was unusually interesting this
year, has just adjourned. According to
the annual report of the superintendent
$1,000 people visited the grounds last year
That number will be quadruplcd this
wear bv reason of the electric railway
from Alexandria to the Mount Vernon
grounds. From each visitor the associa-
ton cxacts twenty-five cents for admis-
sion 10 the grounds, and in addition, a
steam boat company which :as fur MANY
years ..ccli nonopolizing the right to land
nj Ike 3iount Vernon warf has paid nine
cvn,s 10. cacm passenger. This steam
boa, con. pauy has grown rich out OF the
visitors 10 Mount Vernon, and until the
electric railway began to cut into its trail
ic it charged 81 90 for II round trip Mount
Vernon ticket, while it sold round trip
tickets for warf OH the Maryland side Of
the Potomic, almost directly opposite
Mount Vernon, for twenty-five cents.
Now that the exclusive warf privileges
are not so desirable this steamboat comp
any had the check to ask the lady regents
to excuse il from paying that additional
nine cents Il passenger during the remain
der of its contract. The agitation for the
purchase Of Mount Vernon by the govern
ment, aud its being thrown open without
cbarg 20 all corners, seems to have tempo
rarilv died out, but that it will sooner or
later be done is the general belief. Sure
'iy it is not Just the proper thing to charge
an admission fee t. the home of George
Washington, although under present con-
ditions it is necessary in order to raise
the money to keep the grounds in condi-
ton and the house in repair.
Either many Congressman are going to
vote contrary TO their talk Or the admins
tration is preparing great disappoint-
rmcn, to Itself in regard TO the silver
question /, is stated with the greatest
apparent confidence by members OF the
administration that President Cleveland
has ASSURANCES Which make him certain
that there Mill lie no trouble i'll passing Il
bill for the unconditional repeal OF the
Sherman Silver law through both the
House and Senate as soon ne Congress
gets TO work. This is directly contrary
~ what Senator Stewart, who claims TO
have made II canvas of the Senate, says.
Can it be possible that some of the Sena-
tors have been telling the President one
thing aud Senator Stewart another? Per-
haps after all it is merely game Of polit-
ical bras all around
Secretary Hoke Smith is now hearing
"a land case involving several million dol
lars worth OF land i'll the state Of Wash
,nston, upon which are some 800 settles.
The lnnd iii question is claimed Icy the
Northccl Pacific Railroad Co. The rec
ord OF Secretary Saith has been such
that it is altogether probable that ifthere
are any doubts in the case he will give
the settlers the benefit Of them.
The State Department will shortly
make public all Of the correspondence
with Mr.. Blount, both as Commissioners
and Minister to Hawii.
Big Enterprise Contemplated.
A dispatch dated at Chattanooga,
x9..n N4yL;4n