The morning call., 1893-04-29
AFFECT SATISFACTION.
Nevertheless the Bankers Do Not Like
Secretary Carlisle.

Secretary Carlisle.
NEW YORK, April 2S.-Great satisfaction
is expressed in financial circles this morning
at the result of the conference yesterday
evening between the New York bankers
and Carlisle. Secretary of the Treasury, and
Wall street quickly showed that it appre-
ciated the clear, explicit statement made 10
the bankers. Although o action was taken
at the conference it established unmistak-
ably in the minds of the bankers present
as all admitted this morning. that the
Government had decided to maintain the
parity between gold and silver; that the
Secretary thoroughly understood the situa-
tiOn, and that the stories that there was
friction between the Secretary and the
bankers of New York are absolutely with
out foundation.
II was learned on good authority that
Secretary Carlisle was assured by the New
York bank presidents of their willingness
to come to the assistance of the Govern
ment whenever. in his opinion, more gold
was needed by the treasury. The terms
on which gold would be furnished were left
open. 1t was also agreed by all present
that the uneasiness based uron the in
trenchmentupOn the S100. COO 600 in the gold
reserve fund was only sentimental and that
at this time there was no necessity for
bond issue or gold loan to the treasury.
Nevertheless, underneath this apparent
satisfaction, there is great deal of existent
discomfort among local bankers with the
results of the financial policy Of the admin
istration, but so far as can be learned In
talks with leaders of finance their whole
dissatisfaction is concentrated on Carlisle.
No displeasure is felt because the bonds
were not issued or the bankers suggestions
not adopted. but only because he vacillated
in such way as TO almost produce crisis
at very awkward time by an injudicious
statement, which said nothing. but implied
q great deal.
The contention in fact is that the Secre-
tary OF the Treasury has shown himself
wanting in prudence ard decision and that
he has proved himself too small for the
position lie occupies. Among inanciers the
policy of trumpeting far and wide small
offers of gold by Western and Southern
banks and continually proclaiming the fact
that the reserve is up to S100,000,000 is
viewed with considerable dissatisfaction.
II not necessary to keep the reserve up to
this figure what is the use continually of
pointing out that the reserve has once more
been replaced? II is quite safe to say while
luo icGIlUB VI DduhcIo W
the Government generally is patriotic and
friendly it is by no means friendly to Car
Isle.
The truth of the matter is that the bankers
are probably asserting satisfaction which
they do not feel. because they have no
desire that collapse. if one comes, shall be
laid at their door.
Speaking of the conference with Carlisle,
A.
National Bank, said to-day:
THE result of the conference was emil
nently satisfactory so far as 1t went to
prove as did prove. the existence of an en-
tirely harmonious feeling between the Sec
retary Of the Treasury and the New York
bankers. l am in position to know that
there has been no friction between the New
| York bankers and the Secretary of the
| Treasury. l have never been associated
| with any body OF men more anxious to ac.
| complish given result than The New YorI