The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-04
THERE is PLENTY OF GOLD
Mr.. Carlisle Pleased with the Outlook
and Confident ALI Demands Can BE Met.
Over $500, 000. 600 in Yellow Coin in Circula-
tion-yew FORK Bankers Scored by DEM
ocratic Senator-Tes,ing the Geary Act
NO LACK OF GOLD.

The Administration Confident the Treasury
VIII Not BE Drained of Its Stock.
WASHINGTON. May a-Secretary Carlisle
was at the Treasury Department at an
early hour thu morning. and from the
crowd of visitors which Was present IN his
room during the day il was apparent that
the public was we'll acquainted with the
fact of his return. The trip which he took
was evidently beneficial TO him. for he APP
peared bright and free from the expression
of care which was noticeable when ne left
the city. Probably the information which
he obtained on the gold situation was pleas
ing to him and relieved HIM considerably.
A reporter asked him to-day whether. after
looking over the condition of the gold in
the West and HE conference with the Chi
cage bankers. there was anything TO say
regarding the financial situation. MIR.
Carlisle replied: There is nothing to be
said. as affairs are in a most satisfactory
state and the department Is not anxious
There is plenty Of gold which can be util.
tied. No." he added. 81 made no absolute
arrangement while away for the accept
ance Of any gold by the treasury" The
Secretary said this in tone OF con-
fidenoe. which showed that the admins
tration was well pleased with the present
situation, and felt that It could meet what
ever demands might be made on it.
An official statement of the gold In the
treasury made to Secretary Carlisle for
use at the CABINET meeting this afternoon
shows gold in the treasury, S97. 401 000 gold
in transit, S556. 600; total 97.957.0OO. There
is some talk of Secretary Carlisle going to
New YOrk for another conference with the
bankers there. but nothing positive can he
learned about It. The told gold in the
country. as estimated by the treasury Of
fcIais' circulation statement, aggregates
S6lS.G00.00O. of which S51S. 100000 is in cir
culation.
New York Bankers Selfish.
NEW YORK, May 3.-The World says:
Senator James K. Jones' of Arkansas, was
here last night. In referring to the confer
ence recently held by Secretary Carlisle
with the New York bankers the Arkansan
said: Il apprehend that an erroneous con-
srruction has been placed upon what the
Secretary told the bankers. According to
reports. which. perhaps. they circulated
themselves. he declared his intention to
render the Sherman silver law
SO obnoxious that public sentiments
would compel Congress to repeal
it. Of course Carlisle favOrs tho repeal,
but he is not the kind OF man to work de-
liberately to make this or that law unpop-
ers during all the scare over gold exporta-
ton has been. to say the least, unpatriOtic.
They have tried TO force the Secretary of
the Treasury to issue bonds. but ne has
bravely withstood them. / find through
out the country great resentment towards
the New York bankers for their refusal to
come TO the aid of the government. aud
they are not likely to hear the last of it for
some time to come
lis 1t your opinion that the Sherman
law Ia responsible for the large OK portation
of goldP the Senator was asked.
1T IS not. The balance OF trade has
been against Us, and that accounts In
great measure for the expectations. do
not anticipate a repeal of the law next SEES
sion unless satisfactory substitute is Off
cred. / opposed it when it was brought be-
fore the Senate because / 90 not believe in
making q commodity of silver. i would
suggest q return TO the Bland law, if a
comprom,se is To be made. / hardly think
free silver bill will become Law next
session. OF during the administration of
President Cleveland"