The Providence news. (Providence [R.I.]) 1891-1906, 1894-12-15
The RESERVE.
Withdrawal of Gold Brings it
Below the Mark.
Defeat Of carlisIe's Plan May Result
From Combination.

WAsnINGToH, Dec. l5.-The gold reserve
yesterday took another downward plunge
by tho withdrawal OF si,S75, 900, leaving
the net reserve at the close Of business
s9d 81 .ssi or Ss,C5s, ll6 below the 500 00O,-
coo limit.
Assistant Secretary Curtis, in speaking
OF the situation. thought that the heavy
demand for god during the last week was
60 meet dividend and other payments
falling due on Jan. OF each year. Dur
ing the first two weeks Of each December
sterling exchange always advanced and
very often to tho shipping point, as Is the
case at present.
After this week, Mr.. Curtis thought the
expectations OF gold would materially de-
. crease, IL they did not cease altogether. OF
course, IL was matter of serious regret
that our monetary system was such as to
permit these Withdrawals against our will.
but until congress took the matter in
hand, nothing could be done except to
hand out tho gold whenever demanded.
Cariisle's Bill May Tail.
Secretary Carlisle, having been assured
by his Democratic friends on the banking
and currency committee and in the house
that his currency reform measure would
pass that body, 10 devoting all his spare time
among his friends in the senate
He has had several conferences with the
Democratic members of the finance com
mittce. The bill, in many respects, is not
entirely satisfactory to all the Democratic
members OF the committee and their asso-
ciatcs in the senate
But as the president and the secretary
arc very anxious TO secure its passage, be-
lievlng that it win tend greatly to relieve
the present financial stringency and the
industrial condition Of the country, and
that it is The only financial legislation that
is likely to be enacted, they may be in
duoed TO give it their support.
They very much doubt however,
whether It's passage can be secured in that
body. All OF the Popullst senators are
opposed TO it, and will talk and vote
against It. If the Republican senator's
array themselves in opposition to 1t, they
can prevent it's passage. Senator'S Aid
rich, Sherman, Hoar, Lodge and Others on
that side huve expressed themselves as de-
cidediy opposed to Carisle's scheme They
seem TO be very positive that it cannot
pass the senate.
ConoernlnS Anarchists.
Tho judiciary committee or the ls7use
agreed on numerous amendments to the
anarchists bdl as passed by the senate.
The main amendment gives the foreign
inspection OF Immigrants 10 United states
consuls under the decision of the state de-
partment, instead OF treasury inspector,
~ proposed by the senate bill. Another
amendment requires every immigrant to
have certificate from the United States
consul from the port at which the immi
grant cmbarks.
Congressional Doings.
The time OF the house was consumed
with debate on the pension appropriation
bill. and although IL aboundcd In charges
and counter charges lt lacked interesting
detail Tho bill carries Si4i, ,3Sl, go and
was passed without amendment. The
Hit resolution of inquiry calling on the
secretary of state for the correspondence
relating TO the payment Of $4,000 to
Great Britain i'm connection with the fur
seal controversy was adopted. The evening
session was devoted TO the consideration
Of private pension bills, and the house ad
iourncd over until Monday.