The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-06-29
A BIG SCARE OVER SILVER.
Cleveland Urged To Call Congress To-
SGthGT At Once.

The president Going Slow But Sure
and the Session Not Apt to Open Be-
fore the First Week of September
Secretary Carlisle In Conference
With the President.
Washington, June 2S-President Cleve-
land and Secretary Carlisle will spend to-
night together at Woodley, the Presi-
dents country seat, considering treasury
appointments and financial matters. A
large batch Of papers were taken out
there this afternoon. The following ap-
pointments are expected to be made, as q
result of the conference: Register of the
treasury, director of the mint, deputy
fourth auditor, and number of internal
revenue collectors north and west.
1t is stated at the treasury that it is
very probable that the positions of the
collector of customs and appraiser at New
York city will also be filed by the Presi-
dent tomorrow or at the farthest by Fri
day. 1t can be stated Officially that Ap-
praiser Cooper's resignation will either be
accepted or he will be removed within the
next 4S hours. Which of these courses
will be taken will be decided Tonight.
WON'T MEET BEFORE SEPTEMBER,
Secretary Carlisle's mailthis morning was
loaded down with letters from bankers,
COulllCICldl ulCll anu ObNGIS calling on ble
President to convene congress at once in
extra session to consider financial legisla-
tion. The pressure isgreat, but there is
semi-official authority for the statement
that congress will notbe convened before
September A cabinet officer, speaking of
the financial situation, said this morning
that the country had been brought to its
present financial condition by the
very men who were now
1s-rs...
of congress. They had reached the end
of their rope and could no longer profit by
their speculation, and wanted the govern
ment to come to their relief that they
might again enter upon an era of specula-
t1On. There was no doubt, in his mind,
he said, that the repeal of the Sherman
law would bring about much needed re-
lief whether temporary or permanent,
time alone could demonstrate. Still there
was no certainty even now that congress
would repeal the Sherman law The
house was more favorable to its
repeal than the senate He
intimated that if the President
were convinced that congress would
Immediately repeal the Sherman law
the body might be convened in extra
session before September, "Butn he con-
cluded, Ethe leaven is working" accord
ing to treasury adyices silver continues
to decline in price, the price in London
to-day beipg "a pence per ounce or $0739
of our money. This makes the silver
dollar worth to-day as bullion 81 cents
Since the treasury went out of the mar
ket as a purchaser of silver on
June 21, the price has declined
from S0.S220 to S0739 per ounce.
Next Monday July g. is the time for the
next purchase to begin but it is limited at
the treasury department, that purchases
may be delayed until July 9th or 18th
Secretary Carlisle is giving close atten-
tion to the situation and will have a
special conference with the President on
the silver question tonight.
HAwKINsvuLLE AROUSED.
Hawkinsville Ga, June 2S.-The citi-
zens of Hawkinsville held a very impor-
tant meeting in the board Of trade rooms
this morning and while there was little
enthusiasm they were very much in ear
nest. After discussing the financial situa
tion a committee of leading citizens head
ed by Mayor j. B. McDuffie and E. j.
Henry, cashier of the Hawkinsville Bank
and Trust Company, and president of the
Board of Trade, was appointed to forward
certain resolutions to Speaker Crisp, ex-
pressing the sense Of the meeting and
calling upon Judge Crisp to urge the
President to convene congress in extra
session at once to take some action to-
wards alleviating the financial stringency.
ATLANTA URGES AN EARLY CALL.
Atlanta, Ga, June 2S.-Without a single
exception, all the officers and directors of
the Atlanta chamber of commerce now
in the city, composed Of leading business
men of Atlanta, have united in petition
addressed to the President urging prompt
action in calling congress, on the ground
that every days delay is damaging to the
business of the country. The petition is
heartily endorsed by leading business
men of the city. The petition reads as
follows:
Believing that the business interests of the
country are suffering from the prevailing un-
certainty, and that a crisis has been reached
which demands prompt action, by which, not
only the policy OF the administration should
be definitely announced, but the country
should know what is to be the action of con-
gress as regards the financial situation and
the tariff, we the undersigned directors of
the chamber of commerce, of Atlanta, hereby
earnestly petition the President TO call with
outfurther delay, an extra session Of congress.
In our opinion, every days postponemcnt of
such call adds to the gravity of the situation
and increases the demand for action.
Ihe paper was signed
j. G. OGLEsBY,
ROBERT j. Lowry,
n