The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-01-18
TREASURY DEPARTMENT,
OFPIcE or THE SECRETARY,

OFFICE OF THE SECRETARY,
WASHINGTON, d. O., January IL, 1884,
BY virtue OF the authority contained
in the act, San act to provide for the re-
sumption of specie payments" ap-
proved January IA, 1875, the secretary
of the treasury hereby offers for public
subscription an issue of bonds of the
United States to the amount OF S5O. OOO, :
900 in either registered or coupon form,
in denomination of $50 and upwards, re-
deemable in coin at the pleasure of the
government after ten years from the
date of their issue, and bearing interest,
payable quarterly in coin, at the rate OF
five per cent per annum.
Proposals for the whole or any part of
these bonds will be received at the
treasury department.. Office of the secre-
tary, until twelve o'clock, noon, on the
first day of February, 1894. Proposals
should state the amount of bonds de-
sired, whether registered or coupon,
and the premium which the subscriber
proposes to pay, the place where it is
desired that the bonds shall be deliv-
cred, and the Office, whether that of the
treasurer of the United States or an as
sistant treasurer of the United States,
where it will be most convenient for the
subscriber to deposit the amount of his
subscription. Failure to specify the
above particulars may cause the pro-
posal to be rejected.
As soon as practicable after the first
day OF February, 1894, the allotment of
bonds will be made to the highest bid
ders therefor, but no proposal will be
considered at lower price than
117.223, which is the equivalent OF a 3
per cent bond 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
to be issued, they will be allotted pro
rata.
Notice of the date of delivery of the
bonds will be sent to the subscribers to
whom allotments 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 treas
urer of the United States as the sub
scriber has designated, and if not SO
paid, the proposal may be rejected.
The bonds will be dated February l,
1894, and when payment is made there
fore, as above, accrued interest on both
principal and premium from February
l, 1894, to date of payment. at the rate
Of interest realized to the subscriber on
his investment, will be added.
All proposals should be addressed to
the secretary Of the treasury, Washing
ton. d. O., and should be distinctly
marked:
"Proposals for subscriptions to per
cent bonds.
(Signed.) J. G. CARLISLE,
Secretary.
Senator Allison, of Iowa, member of
the finance committee, in speaking. of
that it would have been the best policy
to have adopted the provision which
was made part of the appropriation
bill last February, and then the difficult
ty under which the treasury now labors
would have been avoided.
Referring to the statement of Senator
Voorhees,, made yesterday, the Iowa
senator said 1t wac not the statement OF
the committee, yet there might be an
understanding that it might represent
the ideas of ajority of the committee
and might also mean that no action
would be taken by the committee at
present.
ut is conceded" said he, "1that the
discussion in the senate would take six
weeks and that the secretary would
have to ISSUE bonds any way. The sec
retary did not come to us tmeaning the
finance committee) until after the
house had been bn.toned up for a
month with the tariff bill and could
been done was to take up the bond
question before the tariff and settled
that which was most pressing"
The appointment of Representative
De Almond (Dem., Missouri, who was
to-day designated by Speaker Crisp to
take the place OF J..R. Fellows on the
Judiciary committee, was determined
on before the bond issue was raised.
Yet Mr.SDe Almond shares the views
of Chairman Culberson and other Dem
ocratic mem mbers of the committee
against the legality of the use of the.
proceeds of q sale of bonds except for,
the redemption of greenbacks. This
makes the Democratic membership of
the Judiciary committee almost or
quite unit against the bono policy.
INsTHE SENATE.
The Civil Service Law Attaoked-The Fed
= eraI Election Bill.
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