The Providence news. (Providence [R.I.]) 1891-1906, 1895-02-25
Too Much Secrecy Observed
in the Business.
Tom Reed May Have Lost Presiden-
tiaI Chances Recently.
National Attention Attracted by the
Strong a Platt Contract.
Special to The News.


WAsHINoroN, Feb. 25.-The sale OF gold
bonds to the New York and foreign syn
dicates has undoub btedly caused scandal
and one does not need, in order TO believe
this, to go to the recent debates in the
Senate, which are said TO have
been as bitter as anything In
twenty years. The Eastern bankers
approve the idea of having loan, and
doubtless the Western ones too, and the
business men generally OF the country,
but they do not see why such secrecy
should have been observed in the business,
ana why syndicate OF which the
Presidents own law partner, Mr..
6tetson, OF New York, is the
general counsel, should have
happened to be preferred. 1t is variousiy
admitted that the profits OF the Belmont
Morgan Rot hschilds loans will be any
where from ten to twenty millions,
which is said TO be the greatest ever
known for such quick turn and such
email risk.
hardly think il will do to say that ex-
Speaker Reed has lost his Presidential
chance in the debates and votes of the
last two or three weeks. Some OF his
friends criticise him for not standing up
sufficiently and telling the Republicans
what to do and voting and talking as he
really thought, IL he knew how that
was, as doubtless he did. The ex-Speaker
usually so bold, aggressive, responsible,
may have seemed to be cautious under the
circumstances, for the guidance OF his
party, that is to say, and so, in the end,
for his own Presidential chances. 1t is
. little too rapid TO assume that they
are all over. There is talk about
another candidate for speaker, but Reed
will be speaker, and he will have chance
to do great things, and it seems unwise to
predict that he will not do them. Then
the convention is year away and more,
and Presidential candidates, / am told
have had their ups and downs before this
and will have them still.
The Strong 4 Platt contract in New
York State has attracted national atten-
ally, where everything bearing upon
national politics is observed as closely as
anywhere else, has the event been notable.
Politicians here find ii impossible to believe
that Mayor Strong did not give ex-senator
Platt certain pledges, otherwise he might
not have been supported nor elected, nor
could his power of removal bill have been
passed so easily. That is the way in pol
itics; we do not help one another out
very much unless we understand what we
are to get out of it ourselves, generally
speaking. Then Mayor Strong is deemed
ungrateful, and the shrewdest observers
predict that no good will come to him in
this fight, for there are many ways by
which the boss OF State machine may
throw bricks at Mayor and put sticks
in his wheels, and all that, and of course
the greatest boss OF the State is ex-senator
Platt; and he ought to know how to do
these things, even II he does not.
have just been talking with Mayor
Wills, Nashville, one of the best postmas-
=sers they ever had in tho South, who is
now director general for the proposed
Tennessee Central, and is here trying
to secure national appropriation for the
purpose. He tells me that Governor
elect Evans, OF his State, is bearing
himself most creditably in these trying
times. Only old man Turney, the Demo
cratic candidate for Governor, and few
State Office holders, are interested to see
Evans counted out. Evans keeps quiet,
bides his time, enjoys the support OF many
Democratic as we'll as the few Republican
papers In. the State, and altogether
feels not half badly. His friends and OPP
ponents alike look upon him as a possible
nominee for the Vice Presidency on the
Republican ticket in 1896, for they say il
he takes his seat as the first Governor
who has really broken the Solid South his
will be a prominent and available name
to adorn the tail end OF the ticket,
at least, and II he should DO counted out,
then they say he would surely be avail
able, in his unwilling martyrdom. Gov
ernor Evans isa valuable member OF Con-
gress and an efficient Assistant Post
master General in the last administra-
lion. His manners are popular and he
knows a good deal.
MARSHALL CUSHING.
-