The Providence news. (Providence [R.I.]) 1891-1906, 1895-03-07
FAST ENOUGH.
Syndicate Furnishing All the
Gold Agreed Upon.
;lIIion-DoIIar Congress Not lik ely to
Suffer Reproach.

WASHINGTON. March 7-The seeming
falling of since Tuesday of q. o0o, 900 In
the gold reserve, as shown by yesterdays
treasury statement was the subject OF
anxious telegraphic inquiries sent by tho
treasury officials to the sub-troasury ~
New York
The replies received were to the effect
that there had been no loss Of gold either
for export or otherwise and that the SEEM
ing loss was occasloncd by an error In
bookkeeping. by which gold received on
account OF bonds had been credited to the
general gold account Mr. Jordan, the
,ub-treasurer at New York. and the super
intendent Of the assay Office. are both tenn
porarily absent. and IL is explained that
some one unfamiliar with the complicated
details OF tho bookkeeping department
had made wrong entry. The matter
will be Strengthened out at once.
The treasury officials repudiate the pub
lished statement that they were dissatis-
fed with the rate with which gold was
being deposited under the recent bond
contract. On the contrary, they say that
the syndicate has more than complied
with the requirements Of the contract In
this particular, and as matter OF fact the
government prefers that the gold should
come In slowly. The contract calls for
deposit by foreign bidders OF not less than
Boo, 600 ounces per month, and this limit
had been considerably exceeded from the
first.
Congressional Appropriations.
Chairman Sayers and Dockery, repre-
senting the Democrats. and Henderson
and Cannon. representing the Republicans
Of the house appropriation committee. are
preparing statements which will show the
extent and character OF tho appropria-
tions made by the Fifty-third congress
Similar statements are being prepared
by Senators Cockerell and Allison Of the
senate appropriation committee. The
statement will show i'm detail the appro-
priations made by both sessions by the
Fifty-third compared with those made by
the three previous congresses. They will
be ready for publication in day or two.
1t Is more than probable that henceforth
In the history OF the country the $1,000
200 congress will be the rule rather
than the exception, and the party In power
will gain moro in credit than IL will suffer
In reproach for bravely assuming the re-
sponsibility OF this high range Of expendi-
ture
The Republican party suffered consider
hpiy Whcu the Sijctp,VoDVoo lhDel WAS HrSt
attached TO the Fifty-hrst congress. A
billion dollars was then regarded as
good deal of money, and tho Republican
party suffered in consequences.
Strange asit may seem however, the pco.
pie recovered from their amazement. and
this colossal object lesson of Republican
extravaganza rapidly passed out of mind,
SO that when tho Fifty.second congress
closed its doors an expense account was
recorded against IL OF S.7, 600 above the
$1,000, 000,oO0 mark No national convul.
sion ensued, nor We're the great political
parties particularly affected by IL one way
or the other.
The people, 1t is claimed, are raising no
clamor as To the amount of money spent
by this congress. IL Is the character Of
some of the work done. and the fact that
much of importance was left undone that
provokes the adverse judgmen. and criti-
cism Of che country.