The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1893-05-06
NO4o.

s50,000,000 in gold, but the PROPOSE
ton had a string tied to it in the
shape of 'proviso that bonds should
be issued for their gold. Other bank
ers turned their gold into the Treasu-
ry without question, because of their
confidence in the government, which
| they thought in need of the gold to
tide over a temporary difficulty, but
the Wall street Sllylocks wanted their
pound of flesh in the shape of interest
on the bonds to be Issued before they
would turn loose the gold lying idle in
their vaults. It did not take Presi-
dent Cleveland and the Cabinet three
minutes t" formulate an indignant re-
fusai, which was wired to New York.
Later. another proposition, less ex-
acting. was received, but it also was
promptly rejected. 1t must BY this
time be evident to even the most OBJ
| tuse observer that the financial motto
OF this administration is, "Nu Wall
street dominatinn."
The present condition Of the Treas
uly is, under the circumstances. salts
factory, and if the offers of gold CON
tlnue to be as freely made as they
have been for the past week, it is be
lleved there will be no necessity for
the issue Of bonds, and even if the de-
mand for gold shall continue to in
cleasp, the reserve fund, at present
intact, will be drawn upon to meet it
until it becomes certain that it will he
exhausted. before bonds will be issued.
President Cleveland and Secretary
Carlisle are both fully determined that
no bonds shall be issued until it shall
have been fully demonstrated that
nothing else will furnish the relief
! needed, and many believe that if that
shall be shown the matter will be sub
mltted to Congress at an extra session
before bonds are issued.
Seer tury H"kr Smith is lie only
member Of the Cabinet III the city,
and he has ust returned from New
York, where the entire Cabinet and
the President took part in the big ia
val review yesterday. The President
and the other members of the Cabiret,
except Secretary Lamont, who is COM
PEELED by private business to remain
there fer several days, will 60 direct
from New York to Chicago, to take
part III the opening of the Worlds
Fair. Secretary Smith had to miss
the trip to the Worlds Fair because
of some pressing Indian business that
demands his immediate attention.
The second chapter in the investi-
CATION of the Weather Bureau opened
with stormy row between those two
good republicans, Pref. Harrington,
chief of the bureau, who is being in
veStigated, and Assistant Attorney
General Colby, who is conducting the
investigation. The evidence taken up
t. this time fully bears out one of the
charg that incompetent employees
were retained after the Grief Of tie bl-
reaI knew they Nvl" i.e.mrtlent.
Congressman Caruth, nf Kcntlcky.
carries a very broad >nile just now.
One of the rrasuis Of the unusual
breadth OF that smile was the selection
of his brother, George w. Caruth. ell
itor Of the Little Rock tArk.) Gazette,
to be L. ;. Minister to Portugal.
Among the other important Presi-
dental appointment made this week
were those OF exCongressman Mckin-
vi ~. H.. w U5 4flIIlIsUtI lO SOluIiI :
hla; eX-Congressman Thompson. Of
Cal, to he minister to Brazil: ex-Con
gresS,nan Wiley, of n. Y, to be Con-
sui ut Bordeaux, France, and the fol
! lowing well-known gentlemen to be
Government directors Of the Union
Pacific Railway Company Mr.. Henry
+. Dimock, of n. u; Hon. Don NJ.
Dickinson, Of Mich; Mr.. j. w. Doane
Of H.; Gen. Fitzhngh Lee, Of Va, and
Mr.. Joseph W. Paddock. of Nebraska.
No more appointments will be made
until after the Presidents return from
the Worlds Fair, which will be next
Tuesday night, unless the present
programme is changed.
Neatly ell of the prominent officials
went over to New York this week to
see the international naval review,
tue largest affair of is kind that has
ever taken place in American waters
and they are all glad they went. tol
they saw what none Of them will prob
| ahty q