The times. [volume] (Richmond, Va.) 1890-1903, 1894-11-28
PLEA FOR SMALL BONDS.
A VIRGfNIANADVOCATES TIE ISSU-
ANCE or SUCH
TINES BUREAU. RsPLEY BUILDING.
WARRINGTON. November g.. 1894 !

n, United states bonds to "A group OF
virginia bondholders and miiionhires
this morning, 1T is true he said, that
the Government has received fairy
good price for tho recent issue OF ponds
and the sale is considered satisfactory
aud well conducted on the part OF the
Administration, but there are several
, things 10 be observed In the matter when
are OF more than pasJinS interest. The
boz Dis are all sold TO one syndicate, COM
posed OF the money kings OF the couh-
Try. who are continually depicting the
gold reserve and necessltating just such
am issue OF bonds, and again IL Is no
ticeable that their request Tor the ueho il
nations oil tire bonus clearly lhulCdles
that they are simply Tor the security VI
wealth, and not TO be taken up py the
comparatively poorer people as an IN, in,
vestment for thrift and hest-eSe IoI 'lie
great masses whose meagre savings 90
not even command hist-c!ass lnoeiilnit!
against the sharp practices Oh the 0o,
trollers OF such securities as tney can
reach Three-fourths OF these bonus ar
ordered in denominations OF N'VO anu
$4,000 eacn. great authority on Ihaii,,I0
ence said" continued the man OF "eduttt,
THAT the great success OF the Enghsh
systems was largely due TO Inc IaC.
that so many of her bonds were lS ,s.ie.i
as low as five pounds. and thus biiNt.ns
her toilers rather than acculn uia,eu
wealth the holding Of the best SECURITIES
France, just after her disastrous "al'
devised the wise financial schene ot 10
suing bonds OF such small DENOMINATIONS
that her common people could Duy tleII'
and her peasantry slept happiy utIn
straw beds in which were hluuen b sne
valid securities Of their country ana neI
Tustics plowed their fields while secreteu
I'm their boot-legs were rev OF .ne
gold and red sealed bonds of the new
republic.
FOB SMALL BONDS
There is another thing" remarked the
wealthy man from virginia ma " as.v
this syndicate wanted all OF the hity
millions of bonds and offered III ana
fraction for them in large denomlnatlfo!his,
there were other bids for small qudhtt'iSS
in 80 denominations, which were put in
at $40. ..,.oa ",,,,, idoa &c this.
When there Is a necessity lor announcer is
sue as with no financial legislation thls
winter by Congress, and the income ldN
not available until spring: Inc Donus
should be put as low as so ana onered
freely. with plenty of time given for their
sale in every State in the Union. and
every community should have chance 10
bid and buy through its postmasters OF or
means paused for breath, and the other
millionares of Virginia agreed that ne
was solid on financial propositions; but
there was suspicion OF mental ShiVer
when the other millionaires reflected
upon how in the devil they could get
bond Of even $50 II the Government eN-
of apples or potatoes. a few bags of pea
nuts. colt, a couple of heifers or
mortgage on a bull team, but the mil.
lionaires were silent and the man of
means passed on well pleased with the
impression he had made upon the Nir-
ginians who would back this Govern
ment 10 the limit whenever Grover Car
Isle et al get into the hole again.
NO cABINlT MEETING YESTERDAY.
The only caller of note at the White
House this morning was Chief Justice
Fuller who dropped in for a few MN
utss' chat with Private Secretary Thur
Der. The regular Cabinet meeting for
to-day was omitted, not on account OF the
Presidents inability to be present, but
because there was nothing of sufficient
impoI lance TO call him from his retire
ment at Woodley He is steadily i'm
proving and for the last two days has
been able to devote considerable tirae to
the preparation Of his message
Congressman and senators are coming
in more rapidly and the INDICATIONS now
are that goodly number VIII eat their
Thanksgiving dinner in Washington.
Among the arrivals last night was col
orel Benjamin Edward Russell, of the
Second Georgia district, who in the re
cent election let the cyclone strike the
other fellow" and was returned TO the
next Congress by an increased majority.
Colonel Russell is newspaper man of
ability. and during his service in the first
two sessions Of the Fifty-third Congress
earned the distinction Of being the most
popular man on the floor Of the House.
WALKERS CONTESTED CASE.
Congressman s. $. Turner, OF the Sew
enth Virginia district, was in the city a
few hours this morning, en- route home
from Richmond, where he had been to
attend yesterdays meeting of the state
canVaSSing beard.
Should MIR Walker, the defeated candi-
date from the Seventh congressional DIS
tTict. decide to contest Mr.. Tirner's right
q n .
ter will be represented before the House
Committee on Elections by Hon. Mar
shall Mccormick, Of Berryville.
COngressman-eleCt TaZeWell Elet, of
the Third Virginia district, was hero Uor
a short time to-day, on his return frem
visit TO his children, who have been in
Warrenton during the past summer. He
has already begun to find out that the
cOngressmans life Is not altogether
happy one. and to realize the fact that
behind the eXtravagant and unbounded
enthusiasm that gTeetS the successful can
ddate, there may Turk a little selilshness
While his term in Congress does not he
gin for over year he has received many
letters and personal visits from his
friends in his district calling on him TO
use his good Offices to advance their per
sonal interests. Mr.. Elicit, however, like
Senator-elect Tom Martin possesses too
great "a sense of propriety to anticipate
any drafts on his influence as national
legislator and has courteously reminded
his friends that while he would be glad
George -. Wise represents the Third Nir-
gnia district in Congress.
Mr.. MrREDIrHs oCN,IlTUENTs.
CongI essman. Meredith was here to-
day, accompanied, as usual by delega-
ton from his district He made the usual
tour of the departments, a route he
knows well that he could travel II
blindfold on the darkest night. 1t Is not
recorded that he placed anyone" but
he ceNainy added another faithful at
tempt to the long list of those he has
made for the people of his district
There is to-day a sign OF weakening
among the Republican contestants for
congressional seats from Virginia. The
insane idea which first took possession of
them that there would be a wholesale
turning out of Democratic congressman
from Virginia by the next Congress seems
TO have left them, and they have begun
10 realize the fact that, however partisan
the Committee on Elections of the next
Congress may be. II must be a judicial
tribunal. before which they will be com
PEELED TO "a least make show that they
were elected 10 the seats they aspire to
take As II IL well known that In a ma
jority Of the Virginia 3tricts there is not
the least possible cha..ce of making such
"A show, there is well-grounded rumor
here to-day tcat in several of the districts
the idea of a contest will be abandoned
The Republicans here deny this and
state that before they will give IN the
fight they will petition Congress- for a
special committee TO investigate elections
and election methods In me South An
general and in Virginia In particular That
these men would do this were ~ in tho{r