The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-11-14
DOWN ON GROVER
Democrats Talk About
Impeachment.
HERE IS THE LAST STRAW.
Secretary CarIisle's Call for a
New Bond Issue
HERE Is THE LAST STRAW.
COMPLETES The PARTY's WRECK
Men Punished by the People Will
CenSure the One Man Who
Caused Ii All.

WASHINGTON, Nov. 13.-The coming
bond issue is the talk of Washington to-
night aud politicians are discussing lis
probable effect. The Western and South
ern Democratic Congressmen now here
are loud in their denunciation of Cleve-
land They curse him and ridicule his
stupidity In bringing defeat upon the
party. There Is even some wild talk of
impeachment proceedings when Congress
meets, but this, OF course, is regarded as
nonsense by majority of Congressmen,
and only few hot heads who are very
sore over their defeat indulge in this kind
OF talk. This session of Congress, how
ever, Will with out doubt be enlivened by
personal attacks upon President Cleve-
land, and the passage of some kind of
resolution of censure and condemnation
might possibly result.
Secretary Carlisle late this afternoon
Issued his call for bids for $50, 000, 900 per
cent ten-year bonds, in teresr to be paid IN
colo, which IS interpreted TO mean gold.
Inc only material change made In the
present call from that issued January II
last are the omission of the upset or mini
mum price which would be accepted and
the notice that pro posals for the present
% issue must be sealed 1t is confidently ex-
pected at the Treasury Department that
an amount will be realized considerably in
excess of that received on the February
issue. This expectation is based on the
fact that there are exceptionally large
amounts of money now lying idle and
seeking investment IN the money ceniers
of the country and upon the further fact
that the January issue is now quoted at
S11S 80, or about 2 per cent above the price
which would yield 3 per cent. From the
last issue there was real zed SIS. 66O, ,917 63,
and OF this amount S52 $50, 264 "a was in
gold. $3.50 420 in gold certificates. and
1888 SO in other money which the sub
treasures were compelled to take in max
ing change.
While these amounts were actually paid
Into the treasury in gold or its equivalent,
a very considerable amount of gold was
withdrawn from the sub-tre easurfes for the
express purpose OF using it again in pay
ing for bonds. The exact amount thus
Withdrawn cannot be ascertained, but the
best knowledge obtainabIe is that it ap-
proXimates S15,0O00 600. With a view 10
more exact estimate of the amounts which
may be Withdrawn between now and the
settlement of all accounts under the call.
the sub-treas uries will from this date keep
a record of all deposits of legal tenders
made in exchange for gold and The names
of the firm or persons making them. The
following is the Secretary's circular calling
for bids:
BY virtue OF the authority contained in the
act Of Congress entitled IAN act TO provide Cor
The resumption OF specie payments" approved
January 4. 1885, the Secretary OF the Treasury
hereby gives public notice that sealed pro-
posals VIII be received a the Treasury Depart
ment, Office Of the Secretary. until - O'Clock
noon on The twenty fourth dav OF November
1894, for United States 5-per-cent bonds, in
either registered or common form, dated Feb
ruaEy 1894, redeemable In coin at the pleasure
OF the Government after ten years from the
date OF their issue, aud bearing interest pay
able quarterly in coin, at the rate of per cent
per annum
BldderS whose proposals are accepted will be
required 10 pay 20 per cent in gold coin or gold
certificates upOn the amounts of their bids as
soon as they receive notice OF the acceptance Of
such bids, and 10 pay in like coin or certificates
an additional 20 per cent at the expiration of
each ten days thereafter until the whole is
paid but they may, at their option, pay the en-
tire amount OF their bids when notified of ac-
. ceDtance, or al any time when an instalment Is
payable. Ihe hrst payment, however 20 per
= cent. must be made when the bidder receives
notice of the acceptance of his proposal.
vi tue OODQS VIII be 800 and
upwards, and bidders will, In their proposals
state the denominations desired, whether reg.
tstered or coupon. The price which the bidder
proposes TO pay, the place where it is desired
the bonds shall be delivered, and the Office.
whether that Of the Treasurer of The United
: States or an assistant treasurer. where it will
!: be most convenient for the bidder 10 deposit
the amounts of his payment.
The bonds will be dated February l, 1894
In order 10 make The proposed issue uniform az
TO date with the existing issues; but interest
thereon VIII begin November ]. 1894, and bid
ders will be required TO pay accrued interest at
the rate OF per cent on The face value of their
bonds from November l TO the date or dates of
payment. The total issue OF bonds, In Dur
suance of the notice VIII be not TO exceed the
sum OF $50, 600. The Secretary of the
Treasury hereby expressly reserves the right
10 reject any or all bids.
All bids and al proposals should be addressed
20 The Secretary OF the Treasury, Washington
D. C., and should be distinctly marked: "Pro.
posals for the purchase Of per cent bonds"
Blank forms of the proposals may be had on
application to the Secretary of the Treasury.
j. q. CARLISLE. Secretary of the Treasury.