The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1894-06-02
JUNE 2, 1894
WASHINGTON LETTER.
From Our Regular Correspondent.

Instead of going ahead with the exam
ination OF those who are charged with
having been implicated in the sugar
trust scandal the Senate investigating
committee is following along line of pre-
cedents and butting its head against that
same old wall-an attempt to compel
newspapers correspondents to tell the
names of those who give them informa-
ton in confidence, and the farce may be
carried to the extent of locking up the
three correspondents. Meanwhile men
whose testimony might have been taken
are going to Europe AMI other places to
keep from testifyinig and the chances for
getting at the truth, which is all the
public wants, are growing beautifully
less and less. If newspaper men could
be compelled to divulge theii sources OF
information there would be but few or
no exposures of corrupt practices in
public life, for the simple reason that in
ninety-nine out of every one hundred
of such exposures made. by newspapers
the first information is given in conf
dence by any public man, and if they
did not know that their confidence would
be respected they would not give the in
formation. The public isn't interested
in the object the informer has in view
often not a creditable one to him person
aily-but in the exposure OF wrong doing
wherever it exists. The Senate has be-
fore this locked up correspondents for
refusing to betray confidence, but it has
never succeeded in making a correspcn-
dent do it, and it isn't likely that it ever
will.
Treasury department officials PIT On a
brave front when talking for publication
about the recent rapid depletion OF the
gold in the Treasury, nov down to $780,
s20. 900, and say they have no fears of
it's getting dangerously low in the near
future, but it is no secret here that they
are very much disturbed about it.
When it reached $85 ,00O, 600 the admin
istration considered the situation dan
gerous enough to Issue 500, 600 900, Of
bonds in spite of its knowledge that the
sentiment of Congress was against a
bond issue, and many believe that it will
issue more bonds il the gold drops to the
same amount again, although there has
been no indication Of any change Of SEN
timent in Congress-. There is reason to
believe that the administration would
like to have Congress out of the way be-
fore it resorts to another bond issue. In
this connection the views of a gentleman
in close sympathy with the administra-
ton, given privately tot personal friend,
are both interesting and significant.
Said he: 1.-The administration is very
much opposed to many Of the proposed
Senate amendments to the tariff bill,
but it is using all the influence at its
command to get the democrats of the
House to agree to the bill as it will be
passed by the Senate, because it wants
to see Congress adjourn before the gold
reserve gets so low that another issue of
bonds will have to be resorted to, it hav-
ing become apparent that Congress will
not authorize an issue of bonds, and il
issued at all it must be under the old
law"
Representative Bryan, of Nebr, is
working hard to persuade the House
committee to report fsvorably his Mic
aragua canal bill, and, he says, he is
confident he will succeed others doubt
it. His bill differs from that OF Senator
Morgan, which provides for a govern
guarantee Of canal bonds, in that it pro-
vides for the outright purchase of $40,
000, 900 of stock in the canal company
by the government, the payment there
for to be made the bill. The bill also
provides that the stock purchased BY
the government shall constitute a roll
ing interest in the canal company, and
that OF the eleven directors OF the com