The sun., 1894-11-14
CARLISLE ISSUES HIS CALL.
BIDs ASKED FOR ANOTHER $780,
100000 BoND ISSUE.

They Ars - R-n Ter yesrs SAD Resr Rive
Per Cert. I.tsrest-Ne Upset Price fixed,
.s d. the Previe-s Issue-Ths Secretary
Now Declares thst He Hss nee. An
Aioue Aware 90 the Presise.es Fis,s.
wAsHISoror, Nov. 13.--Pre.ldent Cleveland
has had his way with regard TO floating another
Government loan, and call has been issued
for subscriptions TO $50, 900 900 Of ten-year Ave
per cent. bonds. The circular was issued imme-
d'stely upon the adjournment of the Cabinet
this afternoon, and 10 Of course signed officially
by John q. Carlisle, Secretary Of the Treasury.
The Secretary's course with regard to this new
bond issue has been In line with all his actions
on important financial transactions since he has
been At the head Of the Treasury Department
For several days, ever since the subject OF
new loan has been discussed. he has pcrsistently
denied that such q thing has been under consid-
Grafton. Now he hastens to assure the public
that he has all along been in favor Of doing
what has been done to-day, and that there has
been complete understanding with regard TO
his attitude in the matter. few days ago he
considered the state of the Treasury finances to
he SO good that Il was doubtful IL more money
would be needed for several months II at ALL
aud to-day the exigency is so great that the call
for the new loan was issued before the ink on
the paper was dry.
The public is now assured, moreover. that the
President and the Secretary of tho Treasury
have all along been in accord on the question,
and that the Secretary was consulted at every
step In the negotiations But those who are
aware Of Mr.. Carlisles denisls last week under
stand the situation as It is and are speculating
On the subject Of how the Secretary OF the
Treasury can retain both his selfrespect and his
Treasury portfolio.
IL appears to be quite certain that Mr. Carlisle
will not resign and that probably he will not be
removed. He has made himself perfectly plia-
BILE to the wishes of the President, and both seem
satisfied with the termination of the latest piece
OF Administration fnanciering This is Mr..
Carlisle's circular, which was issued at 3:15
o'clock this afternoon:
CIRCULAR INVITING PROPOSALS roR FIVE PER
CENT. BONDS.
TREASURY DEPARTMENT.
WAsHINGToN, Nov. 49,.
BY virtue OF the authority contained in the
act of Congress entitled AN act to provide for
the resumption of specie payments" approved
Jan. IA, 1878. the Secretary OF the Treasury
hereby gives public notice that sealed pro-
posas will be received at the Treasury De-
Iartment. Office OF the Secretary. until IL
o'clock noon. on the oath day OF Novem-
her, ISD4, for United States per cent.
bonds, In either registered or coupon form,
dated Feb. l, 1904, redeemable In coin, at the
pleasure Of the Government after ten years
from the date of their ISSUE and bearing in
terest. payable quarterly In coin, at the rate of
per centum per annum.
Bidders whose proposals are accepted will be
required to pay 20 per cent In gold coin, or gold
certificates, upon the amounts of their bids, and
IN pay In like coin certificates an additional
10 per cent. at the expiration OF each ten days
thereafter until the whole is paid; but they
may, at their option. pay sths entirs amount Of
their bids when notifed OF acoeptancs, or at
any time when an instaiment Is payable. The
iirst payment however of not less than 20 per
cent. must be made when the bidder receives
notice OF the acceptance of his proposal.
The denominations OF the bonds will be $40
and upward. and each bidder will. in his propo-
snl, state the denominations desired, whether
registered or coupon. the price hich the bid
der proposes 10 pay, the place where 1t Is de-
sired that the bonds shall be delivered, and the
ofice. whether that of the Treasurer OF the
United States or an Assistant Treasurer of the
United States, where 1t will be most convenient
for the bidder to deDosit the amounts of his pay
ments.
The bonds will be dated Feb. l. 1894. in order
to make the proposed issue uniform as TO date
with the existing issue; but interest thereon
viii, begin Nov. !. 1894 and bidders will be re-
quired TO pay accrued interest at the rate Of live
Ier cent. On the face value OF their bonds from
Nov, to the daLe or dates of payment. The
total issue Of bonds In pursuance of This notice
will not exceed the sum OF $50, ,OOO, 900.
The Secretary OF the Treasury hereby ex-
pressly reserves the right to reject any or all
bids.
All proposals should be addressed TO the Sec
retary of the Treasury, Washington. ID. G., and
should be distinctly marked "Prop9sals for the
purchase OF fiye per cent bonds" Blank forms
Tor proposals may he had ON application 10 the
Secretary of the Treasury.
j. o. CARLISLE. Secretary Of the Treasury.
Secretary Carlisle said this afternoon after he
issued his circular that he had nothing 10 add to
IL. Tomorrow Sub-Treasurers will be supplied
with copies of the form for bidders who wish to
subscribe for the bonds TO send 10 the Treasury
Department It reads;
hereby propose under the terms Of your circular Of
ienyear bonds descrIbed IN sad circular Of the face
value OF - dollars. and agree 10 therefor at
the rate Of - and accrued interest per sl0o
further ngree due notice OF the acceptance OF
this subscription depoSiG the amount thereof In
gold coin or gold certificates with the United States
Ass slant Treasurer at -, In accordance with the
terms ~ said circular
desire Iregistered or coupon bonds In denomina-
tons stated below, and wish them be delivered
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