The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1894-01-19
SUGAR COATED PILLS
S!Creial! Carlisle Trying 10 Pcpularlz,
His Bond Issue.
STEP UP AND TAKE A FEW
Offers for Big Blocks: Declined, for
the Secret ary Wishes to Re-
serve the Goodies for the
Dear People.

tary Carlisle has taken action on the bond
question, there is feeling Of relief among
the treasury officials, who have been view
ing with uneasiness te invading of the
gold reserve. The printing will be pushed
rapidly. The bonds can hardly be ready
for delivery before Feb. /. They will bear
interest from that time. Among the large
crowd OF callers on Carlisle to-day was
New Yorker who had come to announce
personally that he was willing to take the
whole $50, 900, COO bonds. A request for his
name was refused. The aggregate amount
OF offers received before the circular was
issued was sio,000,ooo. All offers SO far
made have come from persons and firms
in New York city. One offer to take $780,
600 at lls has been received.
1t is announced tonight that Secretary
Carlisle would not make public the names
of the persons Offering to take bonds, the
amount subscribed for or the figure
offered for them. To make public the
figures would give late bidders an oppor-
tunity TO offer better terms tn an those
offered by earlier bidders. It is said un-
officially that the S5o,000, 900 offer was at
a minimum premium OF Sill, ,ee3. There
is said to be no likelihood of the acceptance
of this .or any similar offer, as il is the
secretary's desire to make the loan a
popular one, to which the public generally
may subscribe. On this theory II is pro-
posed to toencourage offers for small lots
from all sections of the country. rather
than have the entire loan taken by few
dealers in large blocks. The idea
naturally includes the hope that small
denominations will be taken in
preference TO larger ones. This would
involve the issue Of a great many more
bonds. II is believed from the orders
already received that the total offering
will aggregate nearly 81 o. 100000 and that
the price will reach 12o, making the hohds
practically bear but 2L per cent. The
issue Tor the present will be confined to
the denominations OF $50. 500 and $1,000
coupon bonds and $50, SiOo, 1900 and
$1,000 registered bonds. In case IL is
deemed advisable, arrangements will be
made for $500 coupons and 5000 regis
tered bonds. The plates for the new
bonds were made at the bureau OF engrav-
ing and printing last spring by order Of
ex-Secretary Foster, in autieipstion of the
issue Vi poiius oufihs hs administrations
put t''e plan oil Tue Issue was hhaliy dis-
approved oy fresiient Harrison
Inc new issue OF nohus VIII oe redeem.
able in gold. Estimates made by national
banks show that the national banks Of
New York city alone hold more gold Than
the treasury of the United States. or rather
that il contains more free gold. In the
figures given below gold certificates are
inciuued IN 'he soia returns. Inc primer
pal cities SNOW: New iork, ssS.ob'Voo'
baltimore ss,s'suoi brooklyn, saoo.Oooi
washington, ssoo'oo; oinclnnati' S'zo''
oo; New Orieans' Sioo,oW; -. LOUIS
s-,aoo.ooi hahsas Iity' siolo,uV; DOS
Toll, ss'-oo.oo' Inicago' si''.oV'ooo, rnii'
aueipnia' s.''o,oy, Louisviiie. saso'o'o;
San Francisco sl,sSo,u9; milwaukee,,
N.so''oo.
treasury oHeials VINO nave taken the
trouble 10 search the record call attention
TO the TACT thai during tue pendency OF
the walker tarin OF is'o the revenue de-
ciined ana q NUMBER OF loan ana oohd
issues were MADE to Keep up current eN-
penses ana pay the maturing bonus. Lead
ing members OF tue mousse judiciary COM
mittee are disposed to criticise the secre'
tary's action In view OF the fact that the
senate mas before IL resolution designed
TO prevent the issue OF bonds. lhis
opinion Is largely eontined' however, to
men identihed with the silver movement.
Such weii known apti-siiver men as
Tracey and kaynor and harter heartily
approve the secretary's course. Holman
takes decided position against the bond
issue 1T Is absolutely certain, SAID he,
that this government can ger along WIN
out dollar increase OF us bonded IN
deb'edness' IL can De done py reducing
expenditures and by The additional
revenue derived from the pending tariii
DILL In my opinion no party IN ime OF
peace can successfully urge before the
people an increase OF the national debt
and the bonded Indebtedness.
pingiey OF Nam saia nave no douot
the aci OF is'o gives authorl,y 10 me Sec
retary to issue ana sell bonds Tor the pur-
pose oil maintaining the goid redemption
fund. doubt, however, whether the act,
properly construed. gives the secretary
power TO issue and sell bonds 10 pay the
current expenses OF the government II
seems 10 me 10 accomplish tue latter oo-
ject J! VIII be necessary to obtain addi'