Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1893-08-09

said. "but it will produce instant and
most wholesome results. This is TO
give national banks the right to issue
notes up to the par value of their bonds.
And still more important thing is to give
the Secretary of the Treasury, with the
approval of the President, the right to
sell United States thirty-year three-per
cent bonds at any time, in any amount
and on any terms he sees fit in order TO
maintain all United States coined and
paper money at parity, or in order to
paw all debts OF the United States at
maturity. Other wholesome legislation
might follow, but with these measures
passed I would prefer to adjourn, and
let the country have rest until the
regular session"
The tendency of silver according 10
London advices received at the Treas
ury is upward" 1t is this morning
quoted in London at SO.752 per ounce.
The price paid by the Treasury on
Monday last was $0.726p per ounce. ms
advance is accounted for here largely
by the heavy demand for silver in
China, to move the tea crop.
U. S. Treasurer Morgan to-day re-
ceiyed conscience contribution from
Philadelphia, Pa, of $40. Since 1911,
when the Treasury first began to keep
account of conscience contributions, up
to June 80, 1892, the conscience fund
aggregated 1854, 603.S6.
The total number of fourth-class post
masters appointed to-day was 81, of
whom 50 will fill the places of removed
republicans. The changes in Virgiania
are as follows Accomack G. H., Acco-
mack county, w. P. Bell appointed
postmaster vice G.. F. Parker, removed;
Haynesville, Richmond county, w. r.
Davis, vice T. w. King, resigned; Val
lev View, Smyth county, Mrs. E. n.
Richardson, vice w. L. Richardson, re-
moved Waverly Station, Sussex coun-
ty, David May, ir., vice S. 5. Ellis, re-
moved
New York's financial news received
here up to noon to-day was to the effect
that, whether due to the Presidents
message or not, stocks fell still lower
this morning, that the Madison Square
Bank closed its doors to-day, and that
wheat dropped from its low price two
cents lower. The impression is that
things will be worse before they will
begin to be better.
Of President Cleveland's message
Senator Hunton says: "The President
states his case clearly enough, but he
does not give us remedy. The repeal
of the Sherman act, with nothing to
take its place, would not cure existing
evils. We must have substitute by
all means" Senator Daniel is in Chi,
cago and couldn't be interviewed. 1t
is well known, however. that he stands
with the silverites.
The general impression on the sub
iect at the Capitol is that the purchas.
ing clause Of the Sherman silver act
will be repealed, but not without sub
stitute. and about that substitute there
is the greatest doubt, no body being as
vet able even to anticipate the charac-
ter thereof. Many of the silverites fear
that should it be favorable to silver
the President will veto it.
1t is reported here that the President
has lost $4,000, whole years salary
, bv the suspension of the paper pull
mills at Appleton. Wisconsin, in which
he and Secretary Lamont and ex-Post'
master General Dickinson are stock
holders.
The statement is made public, and
its authenticity has been verified by
personal inquiry at the Catholic Uni
versity where the papal legate, Arch
bishop Satolli, is now residing, that NJ gr
Satolii has accepted an invitation to be,
come the guest of Archbishop Corrigan
, in New York and expects to visit him
some time next week. He will be en-
tertained at the archbishop's residence,
and may remain there several days. 1t
has been known that correspondence
; between the distinguished prelates has
been in progress for some time, and
this outcome indicates the approach OF
complete accord where it has been
broadly intimated that antagonism and
!, almost suspension of personal rela-
} tions existed.
: Carter Berkeley Of Staunton, Arthur
PAYNE of Warrenton, and II. B. Stout
of Culpeper, Virginia, have been ap-
, pointed messengers on the Senate side
ofthe Capitol. Mr.. Donaldson of Ohio,
, republican, q clerk in the Secretary's
office of the Senate, has been removed,
and Mr.. De Wolfe of Georgia, demo
crat, been appointed in his place. MIR.
) Martin of Kansas, one of the reading
clerks, has been removed, and Mr..
Forth of Milwaukee, appointed in his
place. Messrs. Cresis, assistant libra
rian of the Senate, and Evans, assistant
stationery keeper, have also been re-
moved.