Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1893-05-01
WASHINGTON LETTER.
Washington, Apr. "a, 1892.
TsPRcIAL CORRESPONDENTS OF THE MONITOR

Washington, Apr. "a, 1892.
What is the financial policy of the
administration, or has it such thing?
These are questions that good many
people have asked during the last
week, and they are still unanswered,
and will probably remain so for some
time to come. That the cabinet was
divided upon the question of what
should be done when the gold in the
treasury fell below the $1OO,OOO,O 900
held as reserve fund is not denied.
Secretaries Carlisle and Gresham and
Attorney General Olney advising that
no more gold be paid for what are
known as Treasury notes, which are
payable in "coin," and Mr.. Cleveland
and the rest of the cabinet (Sec. Smith
and Herbert were absent) favoring
their continued redemption in gold,
which was done. Whether the adop-
ton of Sec. Carlisle's idea would have
resulted in gold going to premium is
a question. The plan adopted was
simply carrying out what Sec. Foster,
when at the head of the Treasury said
he would do if the necessity arose
therefor, rather than issue bonds. The
reserve was only impaired one day,
and the Treasury now has sufficient
"free gold'' to meet all the demands
expected this week. Thoughtful peo-
pie regard the disposition, which un
questionably exists, to make the finan-
cial question sectional, as a source of
future danger. 1t can certainly do no
good to have Sec. Carlisle posing as
the champion of the South and West
as against Mr.. Cleveland, who is claim
ed to stand for the East. Any fuan
cial policy that is not for the entire
United States is bound in the end to
be disastrous to the administration
that fathers it. A political party may,
as every intelligent person knows,
succeed in securing power by claim
ing in different sections of the coun
try to represent different and oppo-
site ideas, but a National financial
policy cannot be conducted on any
such basis without smash up.
Lie HlUCn UdIhSu dUOuU OSCISIOu VI
Judge Kicks at Toledo Ohio, will this
week be brought before the Supreme
Court on a writ of habeas corpus for
the release of engineer Lennon, who
was sentenced to prison Hereunder.
The labor organization will be repre-
scented by E. W. Harper, of Indiana,
and ex Congressman Hurd, of Ohio.
Christopher Columbus is on top this
week. His distinguished descendant,
the Duke of Veragua, is at present in
Washington, the guest of the Nation.
He was given a state reception at the
White House day, and on Wednes-
day he and his party will accompany
Mr.. Cleveland and the cabinet to New
York and take part in the official GER
emonies attending the closing of the
international Naval Review in New
York harbor. The Duke is delighted
with America as we'll as with his re-
ception by the American people, and
he anticipates much pleasure in at
tending the Columbian Exposition.
Mrs. Gen. Grant, now in Washing
ton, it is said to remain permanently,
paid Mrs. Cleveland social visit Sat-
urday, at the White House, and en-
joyed renewing her acquaintance with
the scenes amid which she spent eight
happy years. Mrs. Cleveland paid her
marked attention; she has been her
personal friend and admirer for some
years.
The proposition to put the ushers at
the White House in livery has been
SO severely criticised that it may not
be carried out, although it was at first
announced that it had been fully de-
termined upon. Americans are not
fond of wearing iveries.
POTTER'S SENTENCE.