Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1893-04-27

WAsR1sg7oS. April 13,-In an interview
tonight III reference e the iluahGlat nu.i-
cations ot the government; president
Cleveland saii
The inclination on the part Of the pub
lie To ACcep: newspaper reports concerning
The intentions ot tHgse charged WITH the
management of cur national finances
seems to justify my ea4pha!lc c2ntra5ic-
ttgi 81 the statement that the redemption
Ut auv Kind OF Treasury notes, except ~
gold mas a. any time been determined
upon u contemplated by the secretary q
tile Treasury ~ any other member o. The
present administration.
"Ihe PFe>i!eHl and Cabinet are ahso-
4 lutelv harm 1aious III the determination to
exercise every power Conferred arnf. them
/ to maintain taa pHUtlc credit, TO keep the
Z public faith and q preserve the parity DC.
( tween gold Aad silver and between al!
financial obligations III the suSernmeHt.
While the las ~ lssJ forcing iile pRr.
chase OF iiA-i amount at silver every
month pg0y;Ges iaaE the sec-et4sE Of tae
Treasury iii his discretion, may redeem! m
either g5iI or siIges tie Treasury notes
4iyen iii p4eI4eu! N silver purchases yet
4 the declaration OF the policy Of the gov
eminent Ia maintain tie parity between
the Two metals seems 50 clearly 70 regulate
this discretion rs p dictate their TeleAp'
tiUE III gold
.Uf course pe-pgeXit!es and difficulties
have grown 1tt IF an unfortunate imam
cha! policy which We found in vogue anl
/ embarrassilents have arisen from lll-Al
Eised financial legislation confronting VI
1t every turn, but with cheerful confidence
among the people and patriotic dispo.!
ZION to cooperate threatened dangers VII
be aYeEtea pendsng a legislative return t4'
better and sDundcr financial! plan
The strong credit Of the country stil
Lnimpairei and the good sense 0t gu
people, which has never faltei N TIM
Of need are at hand TO save us from dis
! aster."
THE RESERVE BELOW Sll1,h69en,
i 1t was learned tonight that d ulistak
: was made III the statement given Dut semi
officially at the Treasury Department, We,
!. terday, about the condition of tue gold r
serve. Instead Of being restored u u
$lUJ0l.DNU limit, il can be stated on III
best authority that It is at least 5000
below that limit, and probably more,
The exact amount cannot be state
because Secretary Carlisle declines t. stat
LON much gold he received Yesterday; {
Is well as where il came from. But he do'
7 dlsayow all personal responsibility for Il
statement that Si,Oo0.oy1 in gold haa bee
received yesterday. The mistake grew o.
: Of the fact that the S5,D60D0 Withdraw
IN Friday had not been deducted from 4
= treasury reserve as stated at the treaSu'
Z yesterday.
2. The treasury Will continue 10 pay q
! GOLD for all legal tenders and TO accept 20
a from the banks and will postpone the
i suing Of bonds as long as possible.
~ Henry W. Cannon, president Of u
I Chase National Bank Of New York, WI
=. came here to-day, not on the invitation
= the President Or Secretary Carlisle. sa
s the President to-day, aud gave him q
y New York view, including the recomme
Y dation that bonds should be issued
u Senator Chandler Of New Hampshil
~ has some positive Views On financial al
~ other questions Of the day,
:" | can state the position ! take, said {
~ Senator, in a single proposition and tn
e. Is that the secretary Of the Treasury oug
y, to use the hundred millions OF the seser
~ if Il becomes necessary and not issue a
q bonds until he is obliged to. That laI
q fund was made to be used; that j. what
e., is there for aud 1t should be called mp
ne before any other steps are taken. The Ii
r. requires national banks to retain 10 /
~ cent Of their earnings for surplus to
a used in an emergency, and why shot
~ not the government resort to the sa
q, policy
a. u am afraid that gold will soon 50 t
y" premium and the country be forced /
81 silver basis