Rock Island Argus., 1894-01-20
BONDS WILL ISSUE,
NeSarciless Of the Threatened
Trades Union Suit.
CARLISLE Is NOT SAYING ANYTHING
nss the General Orsnica Ostsins That sAs
D. cf H. Mes Nave Nc stsaslias 10 Court
saa rcaAa Nes Eses Get . Tempssssy
Aa3ohssIca-TAss Ssry ''O~.sssis" Word
'rssa' sAs swAjees ss ssas sesss faiA-
1ssssess 80 JsAssss.


1ssss~t1 80 Jsassss.
Wksffvcrcy. Jan. co-The baltimore
dispnfch announcing threatened injunc-
tion by'tsfe Khiuhts Of labor against Sec
rcfary Carlisle 20 restrain him from is<n;ne
ss".t", ,oooin bonds as Contemplated by him,
was taken To the treasury department and
shown To the secietary. Carlisle merely
read the dispatch. hut declined to -ay any.
thing on the subject Republication. Other
officials OF the department 90 whom the
dispatch was shown were not surprised on
learning its contents. The feeling Of the
Knights Of Labor and Of labor unions gen
orally on the bond question was known to
he unfavcrsblc. as had been shown by the
passage of resolutions against 10. The Of
hcials were unit in the opinion that the
secretary had nothing more than tempor-
AIRY delay to fear from injunction proceed
ings and even this they did not think in
the lcas, degree probable. The secretary
consulted the attorney general-the law
officer % the eovernment-and the prcsi-
dent before issuing the bond call
Not Hopeful Outlook for the knights.
Applications for writs of injunction or
mandnmus against department officials
IRE usually made to one Of the Justices OF
the supreme court Of the District of Co
lumbia. An appeal from decision OF the
supreme court of the District would be
to the District court of appeals. but in the
ordinary course of events coali not ".
hear,i by the higher court for several
months unless nm order advancing IL on
H.. g..f.
of appeals the ease might be taken 10 the
United states supreme court-if the dis
couracrment that unquestionab,y would
he met by the enjoiners in the lower court. |.
did not cause them TO cease their efforts
II Is believed that no delay wosiId be ocra.
stoned by these legal proceedings. ~ even
n temporary injunction woald doubtless
I've denied The Populists of the house
Know nothing about the injunction against
the bond issue. Jerry Simpson. Of Kan
sas, says he viii have NO hand in IL, bat
would he glad /: !; were true.
Hand stsp,is ON the Word '.Coin."
The general opinion among the lawyers
ut the house - that the proceedings would
have no standing In court. strong scnti-
ment i expressed among the silver Lead
ers of the house against the "gold clasue"
of Secretary Carli~le's noticcof n bond sale
Bland says that IL Is the first time he has
ever seen an official statement declining 70
accept silver or any ot the various forms
pf legal tender and requiring payment in
gold only. "rhe standard silver dollar j.
q fun legal tender" said Bland, sand il
en- be offered and received in payment
for these bonds. The act under which the
bond~ are issuc,i provides that they shall b.
payable In coin II does not say gold
s..t,. - H. - a ~
silver dollar was full legal tender. 50
tha; Il must he included ia the meanii.- Of
he word COIN"
i;isna seems "On" On Ills History.
some of the anti-silyer men take iSsuc
with Bland on this point. They say that the
Donds ARE issued under the resumption act
,f $50 which provides that bonds should
5c sold for "eoin." but they point out that
bcioro this. In iS.3. silver was demonetizc,..
go that 10 could not be included In the
meaning Of the word coin" Aside from
the legality of the gold clause, however
the silver men say II j. against public pol.
icy TO make "a public discriminat ion against
one of the money metals now in Use aud
that the effect of the secrctary's action j.
% tend to send gold 90 premium and 20
listnrb the parity between gold and silver
coins
Got Mere silver Thass lie Wants New.
Tracey q. New York said: SECRETARY
Carlisle wants no more silver, for he already
has Ia th. treasury much more than he
want.. What j. needed il gold II il fortu.
nate under these circumstances that the
law allows him to secure the particular
metal he wants. While the bonds are paya.
ble In gold. yet In selling them the seerc-
tary has the authority to secure payment
IN any class of coin he needs. rs the express
purpose of that law was TO give means OF
meeting the needs of the treasury"