The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-01-18
Carlisle to Issue Fifty Million
Five Per Cents
6Y AUTHORITY OF AN OLD LAW,
Congress Not Likely 10 Give the Sec
retary Further Powers.
Wilson Beaten on the Time OF Patting
the Wool Schedule Into Effect
Cleveland Keeuked for Appointing
Harrison's Brother.

WASHINGTON CRY. Jan. i7.-secretary
Carlisle mas issued the following circular
inviting proposals fo- 5 per cent bonds:
BY virtue OF the authority contained
IN the act entitled An act TO provide for
resumption OF specie payment approved
January IL. ISIS. the secretary of the
treasury hereby offers for public subscrip-
ton az issue Of bonds Of the United States
TO the amount of SO 600 0e0. IN either reg
iste-ed or coupon FORM in denominations
OF 40 and upward. redsemahie in coin at
the pleasure OF the government after ten
years from the date ot issuance. and hear
ing interest payable quarterly in coin at
the rate OF per cent. Pgopasals for the
whole or any part of these bonds will lie
received at the treasury department until
IL O'Clock noon. February I, 1894 The
proposals shall state the amount OF bonds
desired, whether registered or coupon. and
the premium which the subscriber pro-
poses 10 pay. As soon a. practicable alter
February | aliotments of bonds will be
made TO the highest bidders therefor but
no proposal will be received at lower
price than ii72s3. which is equivalent TO B
per cent bonds at par, and the right To
reject any and all proposals is
hereby expressly reserved. In case the
bids entitled To allotment exceed the
bonds 10 be issued. they will be allotted
the bonds will be sent 10 the subscribers TO
whom the allottments are made as
soon as practicable. and within ten days
from the date of such notice subscriptions
must be paid in United States gold coin to
the treasurer or such assistant treasurer OF
the United States as the subscriber has
designated. and il not so paid the proposal
may be rejected. The bonds will be dated
February l. 1894 and when payment is
made therefor as above. accrued interest
on both principal and premium from Feb
rnary I, isyi, to the date of payment, at
the rate of interest realized to the sub
scriber on his investment, will bc added.
Ali proposals should be addressed. "Secre-
tary of the Treasury, Washington City,
and be distinctly marked Proposals for
subscriptions TO per cent bonds.
-. q. CARLISLE. Secretary"
Mr.. Allison, member Of the senate
finance committee, said congress ought to
have been called upon by the secretary Of
the treasury 20 take up the bond question
before the tariff, as the former was the
more pressing. The secretary did not
come To the senate finance committee un-
til after the house had been buttoned up q
month with the tariff bill and could take
no action.
The appointment Of DeArmond Of MIS-
Souil as a fLtlubtE Ci tic Hpabc JuaAGA&1y
committee. makes the Democratic mem
bership OF that committee almost . unit
against the bond policy.
The subcommittee of the judiciary COM
mittee, TO which was referred the resolu-
tion of Representative Bailey, stating that
the secretary of the treasury has no right
to issue bonds to supply the current treas
ury deficit. held a meeting today. Repre-
sentative Goodnight. a member OF the sub
committee. desired To confer with the
secretary OF the treasury before acting
upon the resolution, and in order to en-
able him to do so the conmitte adjourned
until tomorrow. This does not. however,
delay the progress of the committee. be-
cause the full committe could not receive
its report before the regular meeting, FRI
day next. There seems TO be no doubt
that the subcommittee will make favor
able report on the resolution.