Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-04-22
TOUCHED.
About 100000 Of the Gold
Reserve Has Been Used.
WALL STREET STOOD AGAST.
And Wondered that There Was No Crash Of
Worlds.
WALL STREET STOOD AGAST
A cabinet Meeting nj winch ,as Fina0cia'
Situation Was Discussed-C Cleveland
Has Done More Removing This
Term Than Last-Grosham
Hears From Biount

Washington, April 2i.-At the cabinet
meeting this morning. 40 which an mem'
beers were present except Mr. Herbert,
the financial situation. no Is understood,
was the almost exclusive topic discussed,
che meeting lating two aud une-hnlt
hours. aud was the longest session for
che cnhmpt since the new udmlulstra-
zion came I'm power When the treasury
department closed its door this after
noon the gold reserve of SimWO,UO
had been invaded 10 tine extent of 81
5OO OOO 10 S3OOOOO Whln the day
opened there Ny.s StSl.OOO of free gold.
1his amount WIS increased by gold Of
fets from the west aggrcgatnR about
81 .2lO. 900. laWc Withdrawals of gold
down. so that when ths cabinet met Sec
rotary Carlisle found that orders Tor
gold up 90 that time (ubout j o'clock
had wiped ont tlr free gold and invaded
the gold reserve o the extent of S2,0OU,-
600 So far ms diioally ascerained this
Is the amount tAlen out ui the gold re-
serve today for export tomorrow. lt Is
officially stated 100000 in gold, eXclu-
sive of that taken out az New York. has
been Withdrawn from the sub-tWasury
nj BOSTON for exDrt 10 Canada. II 80,
this would make tuout S5OOO,UO IN gold
taken out of the country for shipment
tomorrow and leaes the gold reserve IN
yadcd 10 the cxteh Of S3,OJO,OD, or the
gold in the treasury S0f,WO,OuO. II Is
believed this inyaion b but temporary,
and that within few days the depleted
reserve win be restored 10 The original
figures SiOOOOOOW.
While nothing Official can Doe obtained
here us 10 the decision Of lhe treasury
boz regard to the payment in gold Of
treasury notes Of 1890 the fact THAI
these notes are beng paid In gold upon
presentation provs cuncluaiYely they
will. for the present. at least, be- re-
deemed as heretofore. The constiuc-
ton placed upon Secretary Carlisc's
statement given Doe press last night,
was that when he reached the limit Of
the gold reserve 10 would exercise his
discretion and pay this class of notes
when presented fOrredelnpuon I'M silver,
10 This extent only are the occurrences
of today a surprs II can be stated
with pOsitiyeneas here Is no disagree
ment on the hnanod situation between
the presiden. and 'ecreiary Carlisle or
among the member OF HE cahinet
Tie exchange % ratification leaves
now only one more step % De taken 10
put the Russian earuditi0n treaty into
effect. that Is the official proclamation
by presidelt Cleveland This pr0cla.
nation will be- issud Ia short time.
probably upon the rceipi Of formal Of
fetal notice by the state department
from Minister Vain OF the iact Of the
exchange. Until th date Of the publi-
cation Of the proclamation, whenever
that may be, the tel of the treaty will
pmain atsocrct Of ne executive depart
mcut
Secretary Herbert eft Washington for
Annapolis today ie VIII b0anl the
Dolphin as soon as az reaches Aunap0-
Us and sail Immediately for Hampton
Roads.