West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1894-01-25
NATIONAL CAPITAL.
Our Weekly Letter from the Home OF
"Uncle SAM"
WASHINGTON, ID. c., !
January 10, 1894.

WASHINGTON, ID. c.,
January 10, 1894.
Secretary Carlisle has announced
an issue OF bonds, under authority
of the act of 1875. to meet the pres
ens necessities Of the Treasury.
While neither he, President Cleve-
land, nor any member OF the cabi-
neht has any doubts about h,s
authority to Issue bonds, ne and
they would have preferred that
Congress should have provided for
tho financial deficit, but Senator
Vsrhees and other leading Demo-
Gratis IN Congress, after consultation
and nature consideration, arrived
at the conclusion that it would bc
impossible to secure Congressional
action in time to render the aid
needed, owing to differences OF
opinion among Democrats as to
what should be done and advised
that advantage be taken OF the
authority conferred by the old law.
The issue OF bonds is to be limited
to the immediate needs of the Gov.
ernmcnt. thus leaving Congress
free to act as soon ms it may be so
disposed. by providing other means
OF raising money that must be had
from some source. The idea OF
bond issue is not palatable one to
the average Democrat, but in this
this case there was no choice il
was bonds or default in meeting
obligations of tho Government.
80
So many misleading statements
have been made about the reasons
that caused the southern Demo.
cratic Senators to vote against Mr..
Hornblower's confirmation, which
was rejected this week, that / have
ascertained what was the principal
lcason for their voting against him.
IL was simply that they had doubts
about Mr.. Hornblower's status as a
constitutional jurist. and did not
propose to take any chances. Som
ator Gray, OF Deleware, can have
the vacancy il Inc wants 1t, and he
would be unanim ously confirmed.
~
The depleted condition OF the
Treasury would prevent any consid
cradle appropriation for the enlarge.
ment OF our navy at the present
session OF Congress, even if ma.
jorliy OF the Democrats were In
favor OF such appropriation, which
is doubtful. Representative Hol-
man is one of the Democrats who
believes that our navy is already
dangerously large and tnat il should
not be added TO, unless the tradl-
tional policy Of our government, to
avoid entangling alliances, is to
be sbelvcd and an aggressive foreign
policy substituted therefor. "We
need, " says Mr.. Holman, ga navy
sufficiently strong to protect our
interests vt home aud abroad, but
we have already gone beyond that
point and ought to stop. ! do not
favor large army in time OF peace,
but an army cannot, under any cir
cnmstances, get US into trouble.
The army cannot inaugurate a for.
eign policy. The navy can, ms wit.
ness the Valparaiso incident. The
foreign relations OF our country are
more or less in the hands OF the
commander Of any American naval
vessel, and we must sustain him,
as rule, in whatever course he
takes. For that reason, it is not
advisable to have too much of a
navy. TIE smaller the navy, the
better; provided it IS sufficient for
our purposes"
-
Strange TO say no Democrat has
applied, 80 far as known, for the
position Of u. y. Minister to
Russia, one Of the few positions in
the diplomatic service that carries
a salary as high as s17,500.
Whether this is because no Demo-
crat bankers after a residence in the
land Of the Gar because Of disgust
1T bis American would.b imitators,
or that the opinion is general that
the warm personal friendship which
President Cleveland is known TO
1 I'll K......fI. -