The Caucasian. (Clinton, N.C.) 188?-1913, 1893-08-10

ter folly, and wisdom OF his party in
passing that act, and in the manage
ment our of currency generally. It's
record he produces in the shape Of
statement of the various kinds of
money it has made the Treasury
responsible for keeping at par.
Legal tender notes (old
issue) S}47 200, ,0O0
New Treasury notes (July
1t 800 l20, 900, 900.
Gold certificates (paper) l43, 900, 900.
Silver certificates 327, 900, 900.
National bank notes I72. 900. 900.
Currency certificates | 200, 900.
Total paper standing.
81, 100, 200 900
Wholly dependent on less than
$500, 900, 900 for redemption.
Unless Congressman Walker is
misrepresented in the public press Of
the country he shows lis ignorance
of the tinancies Of the government.
The Treasury circular issued be-
fore Mr.. Walker is said to have
made his speech, shows the circua-
tion at that date as follows:
Gold certificates $l0l 1868, 1863.
Silver certificates 332, IJJ, ,J92
Treasury notes (act July
II 800 l32, ,5O5. lS3.
United States notes 1902, 1923.
Currency certificates 1863, ,055. 600.
National bank notes III, ,920'799
A total Of $l.223, ,9SS, $50
all of which Congressman Walker
says is dependent on less than $780,
O0O,O for redemption. A more
mistaken statement could only have
been made by the wall Street gold
ring of bunco steers"
For every dollar of the gold GER
titicates in circulation there is gold
dollar in the treasury to redeem it.
The silver certificates reads:
"This certifies there has been de-
posted in the United States, five sill
yer dollars payable on demand,"
and the silver dollars are there to
pay every certificate. The treasury
notes issued under act July l4th 80
known as the the Sherman law are
payable in gold or silver coin. at the
option of the secretary of the treas
ury. The currency certificates are
payable in currency. and national
bank notes are redeemable in United
States notes.
Here is q member of Congress
who voted for the Sherman law. and
is represented, to be a first class fl
nancial man in Massachusetts shows
| his ignorance of the laws which he
| help to make and which only in
tends to oppress the middle and poor
classes of the American people, and
to enrich the gold bugs of the cities.
COUSIN ADLAI's COUSIN.
"The North Carolinians seems to
be exceedingly anxious for officers"
said Mr.. Brevard Stevenson, a cousin
of Vice President Stevenson, last
night in one of the hotels. 81 think
there are more people from my State
wanting and seeking prominent APP
pointments, than any other State of
the same SIZE in the Union. There
are al eady a large number of appli-
cations for positions in the Depart
ments, ranging in rank and pay from
ministerships to Treasury agents.
The North Carolina Senators and
Members of Congress have been kept
busy ever since Cleve!and's inaugural
ton endorsing applications for vari
Gus places, and annoying the Presi
dent and his Secretaries by introduce
ing office seekers. Soon after the in
auguration, the delegation formed a
High Joint Committee with Senator
Ransom us chairman, to apportion
out the Federal patronage of the
State. Any applicant, who could
not pass clear political examina-
ton by this Committee was inyaria-
bly, turned down. Whenever per-
son made application for an office,
his standing as Democrat was re-
ferred to the High Joint Committee.
If found worthy, and well qualified
politically, he was recommended for
position, and the chairman was in
structed to ask for his or her ap-
pointment. Sach has been the state
of affairs ever since the inauguration
of Mr.. Cleveland, and until his
proclamation for an extra session of
Congress in August, Then the High
Joint Committee took a recess, and
the office-seekers did likewise.
GAS to myself" said Mr.. Steven
son, Il am not asking for any big
thing from this Administration. |
only want small place at living
salary. | have been here several
months hoping to get a place. |
went up to see Cousin Adlai Steven
son, the Vice Presiden Il few days
before he went away, to ask him to
help me get a place. He said he
would be pleased to help me, but
you know said Cousin Adlai, 'it is
an unwritten law that Vice Presi-
dent never has any influence with an
administration, SO you see my chances
to help you are very slim. Have
YOU seen the printed list of cousins
that the newspape pers are crediting me
with,' said the Vice President. 1T
runs up pretty high in numbers
"My Vice Presidential Cousin con-
tlnued saying: when he was Post
master General Under Cleveland, he
could help his kin. He had power
to chop off heads and make places
for both kin and friends, but now
it was very different. | have no
power. l have only two appoint
ments. One is the door-keeper of the
Vice Presidents room in the Capitol,
l and the other is the Senate barber.
2 | believe the barber shop comes un-
p der my control. The Vice President
formerly had control of the restau-
rant. but even that is taken away