The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1894-11-26
COMING TO SILVER.
nc Congress Ties the Administrations Hands
We May Yer Have IL.

Washington, November 23.-(SpecIal -
There is one hope in the distance. II this
session of congress can tie the hands of
the administration and prevent "A further
bond issue in the spring the country VIII
be forced on a silver basis soon enough
and the further coinage of silver forced.
Congressncn i'm the city now are busily
discussing how this can be done. The
resumption act cannot be repealed so long
as Mr. Cleveland is in the white house
ana resolutions amount no more to the
present administration than throwing peb
bles at the Washington monument.
Impeachment of the secretary of the
treasury is one way out and those who
are discussing this means of escape are
not a few, let it be told. The present state
of affairs is gradually escaping through
the thick walls OF the administration and
il is making a powerful hluff about some
change being necessary. SO far, it can be
confidently stated that no change which
would be beneficial has been discovered,
and until congress takes the bull by the
horns the gold VIII continue to flow from
the treasury ana other bonds viii be
issued.
II has come to this. that national bankers
buy bonds with gold, then promptly pro-
coed 10 get back their yellow metal and IN
addition get dividend of 2l2 per cent on
that self same gold. Let him that runs
read.
Thc Nicaragua Canal.
The Nicaragua canal question Will GER
tainly come up at the next session. In
the house there is the bill framed by the
committee on interstate and foreign com
pierce. which is the best measure yet pro-
posed for the purpose Then in the senate
there is Senator Browns bill, which has
been amended so as to conform more close
" TO the house bill. In the house hill the
4 ,vif3 limo
panv. of Nicaragua, is fixed at S30.o0j shares
Al SfGl each. while in the senate bill il is
fixed at l000,eH0 shares at $l00 each. The
United States would hold over seven
eighths Of the stock and eight Of the eleven
directors would be appointed by the pres
i,hant practically making il a governmental
enterprise. The other three directors will
be appointed. one each by Costa Rica and
Nicaragua and one by the Maritime Ca
nal Company Both bills provide that the
mortgage bonds To raise money for the con-
struction of the canal shall be issued by
the secretary of Inc treasury from time
to time, as the work progresses. The con
struction will Toe under the supervision and
built after the specifications of the en-
gineer corps of the United States army.
The canal company will doubtless have
strong lobby here, which will work against
the bills in their present form, as the stock
holders of the present company do not
think The bills give them sufficient sum
for their concessions and the work they
have already accomplished. Speaker Crisp
did not permit time for the consideration of
the bill at the last session but it is not ar
gued from this that he is opposed to the
scheme. 1t is believed that the president
will recommend this measure in his next
message. and II he does it will undoubt-
eddy be taken up with a probability of its
passage.
Guessing at the Supreme Bench.
The friends Of Mr.. Wilson, of West Vir-
ginia are specializing upon his appointment
10 the supreme bench during The coming
winter Justice jackson is in such bad
health that il is believed here that he will
resign, and Justice Field has now reached
that age when he is practically of little use,
and his retirement is reckoned upon
certainty. Those who are making up this
balance sheet may be a little in advance
by two years, forgetting Justice Fields
antipathy To the present administration,
likewise overlooking what science may do
for a sick man. In case of any one vacancy
occurring rhe likelihood is that Secretary
Carlisle will be transferred from the treas
TRY department and the cloak OF the Ju-
dietary thrown ar5,lnd him.
The Methodist University.
Work upon the construction of the Amer
lean university. the great school of learn :
ing to be erected here by the Methodists,
will be begun at early date Tho en-