The farmers' union. (Memphis, Mo.) 1891-1895, 1893-05-18
CONFAB WITH BANKERS
CARLISLE EMBRACED BY HIS
FRIEND SHYLOCk.
Wall street VIII Allow the Government.
fotontinne Prov i.lrd it Does Their Bid
ding-Humiiiatin, Attitude of the
&1eyels MI Administration.
silver AdVOrItcs Not In It.

&'eYele MI Administrations.
Silver Advoratc> Not Init
Hccretary Carlisle and the New
York bankers the other ,lay held Il CON
ference which lasted over an hour.
According to dispatch. there was the
utmost good feeling displayed, and the
Secretary said he was there to make a
frank, free, and open statement Of what
he believed to he the financial policy
OF the Government. In the first place.
the Secretary said. an i>Suc of bonds
Just at this time might be an effective
rerledy, but i; would only he tempo
Tary, and that il would b. followed hv
disturbances in the money market AMI
wonlu in the end retall the determlna
ton of the administration to repeal the
Sherman silver law. The Secretary
said positively that there would he 10
bond Issue except As Il last resort. As
the Secretary ulItlinei the policy Of
the Government. ii WAS shown ti.at
nothing would he done that wnuld III
any way retard or check the de;ermi
nation of the Cleveland administration
to repeal the Sherman law. The Srcre-
tary went over the currency laws ofthe
country, and said they were III bad
shape and needed revision. He said
the revision should start with the
Sherman law. There is q dcterlnina-
tlon also to show the miners of silver
the evil effects OF the Sherman law on
their fortunes. President Clcvclantts
advisers have told him that the only
way to induce the Western and South
western Senators and Congressman to
consent to a repeal of the Sherman law
Is to demonstrate to their constituents
that they are losing none: every day
that the law is i'll operation. The mis-
sionurv work in that direction has been
started hy a number Of the bankers in
the gold communities of the East.
They are daily refusing credits to tie
South, Southwest. and West. fearing
.he effects of the Sherman law. The
Chicago bankers. it is sail. are carry
ing ont the same line of policy. Sec
retarv Carlisle. in his talk with the
Bank Presidents. made his stand very
clear. 1t is to he heroic treatment all
the way through on the Sherman law.
and possibly hv the next session of
the aiherents of silver in the Senate
and the House will be really to con
sent to repeal of the law. The
Bank'Prcsi,lents. replying to Sccre-
tary Carlisle. cordially informed him
that they would be ready at all times
TO cooperate with him IL the success
full administration Of TIE financial poi
icy of the government. Everybody
shook hands. and there was harmony
all round. In the meantime the Seq
> retarv continues to receive offers OF
gold from unexpected sources.
The I:aron> in Hisl, GI-c.
" Great satisfaction was expressed in
New York financial circles at the sre-
suit of the conference between the
bankers and Mr.. Carlisle, and Wall
Street quickly showed that it arpre-
ciated the clea- and cxpliri: s'atemen:
ma,ic to the bank, r. Although nc
action WAS taken at the conference. il
established 1lnmistakally. III the minds
OF the han,crs present. Is Ill admitted
that the government WAS determined
10 maintain the parity between gold
ani silver: that the Secretary thor
onghly understood the situation. and
tha. the stories that there WAS friction
between the Secretary anl banlrrs o1
New York were absolutely without
foundation. 1t was learned on good
authority that Secretary Carlisle was
assured by the New York bank presi
dents Of their Willingness to come te
the assistance "f the Govcrn,nen,
Whenever in his opinion, more gold
WAS Needed by the Treasury. Th,
terms on which the gold is to be fur
nisli"i are left open. 1t WAS alse
agreed by all present that Uneasin"ss
Flsed upon The int,cncl.men: upon III,
Sl0h. ooo.0 gold reserve fund was on
ly sentimental, AMI tha. at this time
there was no necessity for 4 bond Is
size or of a gold loan to the Treasury
The meeting was most cordial one
and all agreed that the actual meeting
of the Secretary with the bankers wa!
most satisfactory.
tn" the People Are Fooled.
Commenting on the above III,
indianapolis NoHr0ntoi,nj$' SAYS
Our dispatches state that the gol,
sharks were in high glcc after having
swallowed the Kentucky "snckcr" whe
went there to beg their permission tt
continue the Government. They al
mittc1 that the scare ahout the gol,
reserve was only sentimen al. an,
that there was really no necessity for
honI iss1,c." They were only making
believe ip order to make the Govern
ment stand and deliver" 1t is no
strange that the hungry gang were
perfectly satisfied after they had car
Df1
looks so innocent as when sitting be
fore the fire licking her chops will
the canary in her inside. The New
York bankers, in collision with Clevc
lands administration. announce ais.
that they are going to convert" th
silver miners and advocates of free sill
yer coinage by a process pecrliarl.
their own. They Will simply rcfus
all credit to the West and South unit
those sections come to their terms an,
agree to repeal the Sherman law. Hay
ing "converte,l" all the gold to thei
own uses, they will next "convcrt' tn
silver producers by the garroting pro
cess, and then they will Convert" til
silver itself There's nothing small
about these bankers. Their aprc itc
are like those Of sharks which digest
meta! as easy as meat. We shall st
whether the West and South vii
stand up and be robbed as mapped on
by the Wall Street highwaymen i
combination with Cleveland If OF,
pockets are TO he picked we should 4
least have the poor privilege of select
ing our own pickpocke:s.
4 skin Game.
The National IIIdfrhnidn throws
flood of l1rhf MON tho artful tranSo,