Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1893-05-11
WASHINGTON LETTER.
From Our Regular Correspondent

From Our Regular Correspondent
WASHINGTON, May 4, 1898.
Notwithstanding all the talk to the
said Democratic sena-
tor who has a reputation for going
straight at any point he wishes to
reach and little patience with those
who adopt a roundabout route, "this
administration isgoingto issue bonds,
and nobody knows it any better than
Mr.. Cleveland and Secretary Carlisle,
and in my opinion they will issue them
before the first OF July" That seems
to be the opinion of all those who have
given the subject any study, and it is
probable that the present attitude OF
the administration on the subject was
assumed for the purpose OF being able
to meet the criticisms certain to be
made when it becomes assured that
bonds will be issued by the statement
that all other suggested expedients
had been tried and that their failure
had compelled the issue OF the bonds.
Indeed, it has been positively asserted
by personal friend of Secretary Car
lisle, that Mr.. Cleveland wanted to
issue $50, ,oOO,O 900 OF bonds last week,
and would have done so had not Mr..
Carlisle stood so firmly against it and
finally told him that he might get
another secretary of the treasury to
issue them as he would not until every
thing else had been tried.
+ Mr.. Cleveland's proposition to the
Wall street men to borrow S5O,OoO,-
600 in gold from them for one year at
three per cent interest, and in default
OF payment at the end of the year to
issue bonds for that amount did not
strike the average mind as very bril-
liant one. 1t was declined, however,
because the Wall street men did not
wish to take any chances about bonds;
they want them issued, and will not
help the treasury unless they are is
sued, or a definite promise made that
they will be issued at stated time.
There is disposition to criticise Mr..
Cleveland for having taken this finan-
cial business into his own hands, but
as distinguished Republican senator
remarked, sit is Cleveland and not
Carlisle who will irresponsible for the
success or failure ofthe financial policy
adopted by the administration"
1t is stated by those who know what
is going on in inside administration
circles that the reason for the Demo-
cratic attack on reciprocity, which Mr..
Cleveland and his advisers have made
up their minds to destroy, by annul-
ing all the treaties made by the Harri-
son administration. is that it stands
in the way of putting sugar and coffee
back on the dutiable list, from which
they were taken by a Republican con-
gress. No duty can be levied upon
sugar or coffee coming from any coun-
try which has treaty granting them
| free entry into the United States; hence
the determination to wipe out the
treaties. The program is for the ad-
ministration to get all of the reciproc-
ity treaties out of the way before con-
gress gets ready to pass the admins
tration tariff bill, which is to put n
duty upon sugar, coffee and probably
tea. The small wage-earners and
farmers of the country cannot fail to
appreciate at it's full value this bit OF
Democratic statesmanship, which will
materially increase their living ex-
penses with no possibility of benefit
ing them to even the slightest extent
Ex-Congressman Mckinney, OF New
Hampshire, who wanted to be com
missioner of pensions, has been given
the comparatively insignificant posi-
tion of minister to Columbia, whileex
Congressman Thompson, of California
gets the Brazilian mission, and Wiley
OF New York, the consulship to Bor
, deaux. That rule against appointin.
''ex's" has been laid on the shelf, alon.
. with other rules which were violated
: almost as soon as they were an
! nounced.
,, Among the five government direct
ors of the Union Pacific railway com
: pany, appointed last week, were Hon
1 DonM: :Dickenson, the gentleman wit
has been posing as the Warwick OF tn
. administration and who said that b
r declined to enter the cabinet, an,
! Gen. Fitzhugh Lee, of Virginia. who
it is said, did not ask for il or any othe
4 federal appointment, being an avowe
g candidate for the United States ser
J. ate from his state. Some think tha
he was given this position to max
: him withdraw from the senator's
s. contest, but there is no reason why
e should have that effect. 1t will b
easy enough for him to resign thi
place if he can get elected to the ser
ate, which will be by no means easy, a
he has the liveliest sort OF opposition