The Mason County journal. [volume] (Shelton, W.T.) 1886-1927, 1894-06-08

From.our.. regular Correspondent

lFromsour. regular correspondent
WASHINGTON, June 4th, 1894.
Does the sticky trail,s.of the. sugar
scandal lead to the White House?
Statements made by democrats, mind
you, not republicans, first indicated
that it did, and the action of the in
vestigating committee, in pretending
to be greatly exercised because three
newspaper correspondents-one of
them, democrat. and Senator Muir
phys private secretary-bave declined
to give the names of those who gave
them information, has not weakened
the indications. The committee may
be perfectly honest in it's attempt to
make the correspondents tellthe names
of their informers, but experience
should warn them of the time they are
wasting. There is probably not
newspaper correspondent in Washing
ton who would not so to Jail and stay
there rather than to tell the name OF
any man who had given them infor-
nation in confidence, and nobody
knows this any better than the Sena-
tors on this committee; hence the be-
lief that they are merely using the cor
respondents in making play for time
instead of asking the mon whose names
have been directly connected with the
scandal for the information that will
establish the truth or falsity OF the
charge that the sugar trust dictated
the sugor schedule of the tariff bill.
The present actions of the commit
tee confirm the impression of those
who predicted from the first that the
whole investigation would be as great
a fizzle as that part of it which dealt
with the alleged attempt to bribe Sen
ators.
Gold like everything else, is afraid of
this administration. At least, it gets
away from it quite fast. Notwith-
standing the $50. 100000. in gold re-
ceived from the late bond issue, the
gold in the Treasury is today below
$50, 100000, and according to the
opinion of many of the shrewdest OBJ
servers in Congress, including friends
as we'll as enemies of The administra-
ton, another bond issue is only a
question of time, and if there is not a
deci ded "let up" in the drain on the
Treasury it will be o very short time.
All of the prophecies of Mr.. Cleve-
land and Secretary Carlisle concern
ing the return of gold from Europe
have proven false. Should the tariff
bill become law by the first of July,
which the democrats claim, but the
republicans do not concede, there will
be an immediate and immense drain
on the remaining gold in the Treasury,
as the importers will want it to send
to Europe to pay for the goods which
European manufacturers have been
piling up to flood the American mar
ket with as soon as the democratic
.ariff goes into effect. Sec. Carlisle
is doing absolutely nothing to protect
the gold in the Treasury, although his
experience in placing the last bonds
ought to have warned him of the diff
Guilty he may have in floating another
issue of bonds at the same rate. A
democratic Senator was heard to ex-
press the opinion that the administra-
ton could not place another issue of
bonds for less thad four per cent and
that he would not be surprised if they
had to make it five per cent. 1t was
never more apparent than now that
Sec. Carlisle is not financier.
If there we're no such thing as
treaty obligations the bill fathered by
Representative Bryan. of Nebr. pro-
viding for the issuing of 1000 900
of greenbacks, to be used by the gov
ernment in purchasing controlling
interest in the Nicaragua Canal and
in building the same, now before the
House Commerce committee, might
be more seriously considered than it is.
The long deferred fight over the re-
peal of the state bank currency tax
has began in the House.