The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1895-07-06
WASHINGTON LETTER.
From oar regular Correspondent
MASH.NGToN. June 18th. 1875.

btIilS tiitlt III 'itl sithi'0iN ~
Ing the probable early run tltst viii
he made on the gold in the Treasury.
ROW that The bond syndicate has ma e
Is last payment ON account q bonds
purchased. On the contrary. mem
beers of tie administration ennSldti
the outlook very cheerful. The
Treasury now has IL little more than
800. GOO. 900 in gold. and officials do
not expect that amonnt TO be Matell=
ally reduced daring this Year, and
their confidence has il solid fonndi-
ton. Gold only goes to Europe Wien
somebody can profit by its Shipment.
The season for the shipment Of CHI
agricultural products to Europe r.
now almost open. and those ship
ments always make the balance Of
trade in favor of the United States ior
a time, and if it does not bring It's
European gold it gives us Il gold
balance over there which prevents
our having to send amy gold over tor
some time. Besides. unless ali the
III. iinanciers ale mistaken. the de-
mnil tor American securities of all
kinds is once mole on the Increase III
Europe. The unloading OF these Sc
culilies by European holders has been
ore Of the reasons for >enlln. Amefl-
can geld to Europe. There is no good
reasons for the di!eful predictions
which have followed sensational, state
ments as to the reason why the bond
syndicate made the last payment oh
these bonds this week. instead OF
waiting until neNt October, as their
contract allowed them to do. The
matter was probably closed at this
tine because the syndicate found it
convenient t do so. and it IS non
sense, in the opinion of Treasury
officials. to say that the syndicate has
designs upon the gold it has paid into
the Treasury.
Secretary Olney is thinking Very
seriously of applying competitive ex-
animation methods to the L $. con-
sular service. so far as their nomina-
tIon to Office is concerned. OF course
they would have to take their chances
of being confirmed by the Senate af,
ter passing the examination and get /
ting nominated. it is admitted by
all travellers that the Longer Il consul
remains in office the none useful he
becomes to the country he represents.
and European governments never
think OF removing IL consul. except
for cause. Secretary Oiney. III add
ton to the examination of consulS.
would like to see the service placed
on Il permanent basis, so that young
men would take it up rs a life career.
AY,0I, Jr - pttnoitaI Nv
republicans to an interview WITH Re
preventative Cannon, of Illinois.
which was published in Washington !
this week. 1t Wasn't what Mr.. Can
non said that attracted attention. as
his talk is not considered important
he does too much of it. but what he
didn't say. He occupied nearly a
column discussing the Presidential
possibilities of his party. mentioning
Reed. whom he is supposed 20 favor,
Mckinley, Allison Morton. Cullom
and even "Cush" Davis, but leaving
out Mr. Benjamin Harrison, noih with
standing that gentleman's recent at
temptS to have himself considered the
leading candidate for the nomination.
As MI. Cannon has just returned from
an eastern trip his interview may be
part Of plan of the Reed men to kill
the Harrison boon by ignoring ii.
Great interest is felt in Washington
in TIE change of administration in
England. because of the bearing it
may have on the silver question in
tins country. Lord Salisbury. the
new premier, is friendly to silver and
NJ, Rattnur n upap,1nr nf TIL ...
cabinet, has II parliamentary record
as a bimetallist of the most advanced
type. 1t is natural therefore that
hopes should be mdul.ed that En-
gland might change her policy of OPP
position to silver and join in a move
ment for international bimetallism.
1t is Just as well, however, to remem-
Der V hen INDUCING in such hopes that
i'll England the national finances have
never figured as III issue in politics,
and that, unless there is q radical up-
htaval Of precedent, the personal
opinions Of Lord Salisbury and Mr.
Balfom will not be sufficient to
change the financial policy of that
country. 1t is quite certain. however,
that If the coming parliamentary
elections shall result in favor of the
conservative party, to which the new
cabinet belongs, that a strong effort
will be made by the silver men of
Europe asa America to get England
to d. in favor of bimetallism.
But n. vions efforts in that line
have zen baked by the mighty ~
of the tinanciers Of Lombard
who forced the adoption of tie
gold standard and who will fight sill
yer IL tie last ditch.