St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-01-07


WASHINGTON, Jan. 4. : Secretary
Carlisle is watching the constantly
dwindling available cash balance i'll the
treasury, and is giving it much careful
consideration. 1t is said that by per-
sonal talks with members of the ways
aud means committee of the house and
the finance committee of the senate he
is bringing tho subject torcibly before
them with view to showing the ne
cessity for some prompt action looking
to the relief of the treasury. The great
falling off in the gold resarve is par
ticular source OF concern to the officials,
and the prospect of its decrease to
mich greater extent emphasizes, the
officials say, the absolute necessity tor
some measure that will replenish it. A
number OF figures of interest in connee-
ton with the present condition OF fiscal
affairs are being collected for the use Of
the secretary. The rumors that the Sec
retary contemplated sending
\ SPECIAL MESSAGE
to congress, calling attention to the
treasury's condition and recommending
immediate measures of relief are again
being revived, but a prominent official
of the department suggested that the
secretary had already presented the,
matter very fully and thoroughly in his
annual report to congress.
The payment of So, 224, 16l in interest
this month, a good portion of which
went to New York. has played sad
havoc with the gold reserve, which to-
day is $75. ,901, reduction of s., 709,-
6S9 since the beginning of the month.
The treasury departments figures place
the net available balance today at $91,
397.O93 as compared with $50, O,375,555 at
the beginning of the month. OF the
former amount SIG. 6.2l5, 1872 is the net cur
rency balance, in which, however, is in
cluded the interest checks already paid
and not yet settled.
TARIFF BILL FIRST.
Chairman Wilson. of the ways and
means committee, says concerning the
reports that he and his associates are
preparing to meet the. government de-
tieiency by boud bill: "rhere will be
no consideration of the bond question
| until the tariff is out of the way, and
that, from present indications, Will be a
considerable time ahead. The con-
ditlon of the treasury is fully appreci-
ated, but the tariff question must be
met first. The committee has not given
the slightest attention to the matter of
bonds, nor nave personally given two
minutes to the subject. In due time.
with the tariff out of the way, the Ques-
ton of bouds or other means of meeting
the deficiency will be very seriously
considered, bat we have not taken even
the first step on the subject yet.
TO ISSUE BONDS.
Representative Harter, of Ohio, intro
duced bill today giving authority to
the secretary of the treasury to issue
bonds whenever he considers it neces-
sary in order to maintain proper re-
serve, or to provide funds for the
payment of any debt due or about to
become due. The bonds are to bear 8
per cent interest, and are to run
for thirty years, with the provision that
the United States may elect to pay them
atsany time one year after their issu-
allce. Mr.. Harter says that his bill is
not the result of any talk with Secretary
Carlisle or any other administration
official, and that it merely covers his
individual views.