Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1893-06-28
Another Instance Of peoeption.

Another Instance of Deception.
Bradstreet's, a New York financial
journal, comes to the front again, in
its issue of June 18th, with a demand
for the repeal of the Sherman law,
and states in terms "that the silver
purchase law constitutes the most
serious drain on the Treasury gold. y
and devotes considerable space to
commenting upon the statements Of
Mr. Carlisle, the Secretary Of the
Treasury, upon the silver situation,
and particularly upon the PROPOSE
tion that during the eleven months
ending May lst, 1893, tho Treasury
had issued for the purchase Of silver
bullion SO, 961 49iin Treasury notes
and during the same period had re
deemed s47,745, 173 OF said notes in
gold. In the issue Of June ID. 1893,
this same paper gave a statement Of
the Treasury holdings, and among
the other items appear Trea5ury
notes issued under law OF 1879 (the
Sherman law. Total issued, 5143.
1881; amount in Treasury, 80,
6Sl,69l; amount in circulation, s132,-
sos, 1913, showing that on June |, 1893,
the Treasury held but s10,63l,691 OF
these certificates, What then has
become of this sl7,745, 173 that the
Treasurer has SO kindly redeemed in
gold, in his discretion, and that have
constituted such a great drain upon
the Treasury, unsettled values, caused
financial difficulties, etc, CITE, etc
The Treasury has only 5l0,63t,6)l Of
them on hand; and here is an apDlr-
emit discrepancy OF s37 06O, 1872.
Where has it gone? 1t has been re-
issued from the Treasury in payment
of obligations of the Treasury, which
if they were not paid by this medium
would have to be paid in gold or U.
S, notes (greenbacks), or silver cer-
tifcates. The law provides that they
may be reissued, and they have been
and the Treasury holdings have not
been affected by their presence IN the
currency in the least, ald Bad
streets and Mr. Carlisle know that
this is the fact Mr. Carlisle, as the
representative OF Mr.. Cleveland,
hostile to silver before he ever warm
ed the Presidential chair, intended
to deceive the people when he sub
mitted to the interview mentioned,
and after giving part of the facts
suppressed the rest, and Bradstreets
in taking it up and commenting upon
it, and drawing the deductions it
does, becomes an accessory and
equally guilty.
The gold bugs Of New York seem
to have pretty firm hold on every
journal of prominence published in
that city and section, and not only
upon the journals referred to, but
upon the administration as well, for
they appear to be able to pull the
strings and the puppets dance Just
now the strings ara being pulled
pretty lively Realizing that people
will be endeavoring to figure out the
cause of the financial depression,
they are putting forward their ready
made stock arguments against silver
in the hope that they may blind q
few more people, and induce them to
assist in binding the chains OF servi-
tude upon their own limbs.
This state Of affairs cannot, how
ever, exist when the people fully re
alize the position they are in, and
the attempt that is being made by
these same gold bugs CONTROLLED By
England) and their satellites, news
papers and administration, to still
further bind them 10 condition Of
servitude, worse in its elfees, than was
ever African slavery, viii result r.
failure. The good sense OF the Amer
lean people can be relied upon to cor
rect anything that is wrong when
they once understand the situation,
and hey are becoming educated upon
the relation silver bears to their
prosperity very rapidly too rapidly,
in fast, to suit Mr. Cleveland, whose
anxiety to serve his gold bug masters
prompts him to suggest the calling
of an early session Of Congress, with
a view of securing the repeal Of the
Sherman law.
Why, because the leayen Of free
coinage is working among the paople
and may it not be that he fears that