The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1895-08-12
MORE PONIS COMING.
TREASURY OFFICIALS KNOW THAT
<NIsSUE MUST BE MADE.
Rushing Gold to the Mint-Anosher S"io
Expected on the Treas"ry-"a" street
Has the administration by the Leg

Washington. August 7-(speciaL)-t Is
now believed here that the hurried ship
mont Yesterday of $40, 100000 in gold pui-
lion from the New York subtreasury 10 the
PHILADELPHIA mint for immediate colhaSe'
presages another raid on the Soiu 'o'
The Rothschild- Belmont bond syhoica.e
has abandoned the treasury ana IL Is asaii
at the mercy of the Wall street solo gam
blers. They can force announcer ooNN iS'U0
now as soon as they desire
The treasury officials realize the nope
lessness of the situation and the Immediate
coinage of the gold bullion shows that they
expect the operation of the endless chain oi
drainage of gold by means oil SreeIpdchS
and treasury notes-made redeehaoie III
gold by President Clevelands orders-to re-
commence.
BY the sale of gold bonds the reserve
was forced I'D to slO757l.2 29 on July 9Th
last. and 1t dwindled slightly until july
eth, when it was Sl05, i5l,Sll The next
day 1t took a big jump, through the anu
of the bond syndicate, and rose to SiOf'5zl,-
679 Since then the reserve has SHOWN
steady falling until today it is stated AT
$1Oi. 46S, 1O4, without taking into account the
81, OeO0 900 In gold Withdrawn from the New
York subtreasury today. The bond sym
dictate having paid for its bonds no longer
feel under any legal objection to assist
in the protection of the government gold
balance and the recent shipments of gold
are noted as an indication of the truth of
this statement
Private advices from New York say that
the mercantile community which, for some
weeks, has been shipping gold instead of
making remittances through the aid of
the bankers, has discovered that 1t can
save from $500 to $1,000 on each SlOO0,GOO
owed in Europe. and additional mercantile
firms are daily going back to the old and
original method of sending out cash gois
to pay their bills.
This is the logical result of the action
of the bond syndicate which, for months
past, has kept the gold here. For 9DinS
this for six months it charged the United
States $SGO0.0O0. 1t will soon be ready to
repeat this service for a like sum. An
other rumor on the street was that the
foreign holders of United States bonds are
selling these securities in New York. A
report was current that one house in New
York had sold $5,OOo,C00 of the newest issue
of government bonds for foreign holders,
to be delivered in the future
National Republican Conference.
Columbia, S. G., August 7.-E. NJ. Brayton,
the South Carolina member of the national
republican executive committee, when asked
by a representative OF the Southern Assoc
ciated Press today to state his preference
of places for holding of the national repub-
Hcan convention. stated that ne had been
flooded with letters i'll the interest of no
end of cities but with the Hshts before
him he preferred either New York or Chi
cage. lie has no preference between these
two cities, and will vote for that one offer
ing the best inducements.
New Governor General for Cuba.
London, August THE Post tomorrow
will publish a dispatch from Madrid say
ing there that General Lopez has con-
sented 10 become governor general of Cuba
General Martinez Campos continuing to
direct the campaign against the insurgents
ON the island. The arrangement has been
made in order - show that the different
parties are agreed as to the necessity Of
aueliing the rebsIic1i.
ttofN AM Warner ID bate.
Lakeside o. August So. silver de-
hatr took place here yestcrday bct~vcon
Hon. r. g. HorF ana General a =. Warner.
whV were St%d both morning and ar
ternoon with 2 large ana lntelliecnt audi
ence consisting extensively Of voters. 1t
was Impossible 20 decide the direction in
which the sympathies of the audience lay,
as each happy hit Of either speaker was
equally followed by laughter and applause.