Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-12-28
A B0 N D is S u E.
1t is Expected to Be Announced by
Monday.
ACCUSATION OF DISINGENUOUSNESS
The Charge Against the President
and Secretary Carlisle.
THE AMOUNT s1oo,ooo,ooo

1t is an acknowledged fact that there is
tc be a bond issue within very short
time. There was an impression that the
| announcement would be officially made to-
/ day. 1t Is not expected to be delayed later
| than Monday. The information comin., in
an unofficial way causes considerable irrita-
| ton and disturbance in congressional cir
| cles. Various reports on the subject of q
| bond issue were current during the morn
| ing. 1t is believed that the announcement
| expected will amount to a declaration of
| war on Congress and will be the signal for
| a struggle between the executive and leg
| islative branches of government without
| parallel. Il is understood to be the inten-
| ton of Mr.. Cleveland to issue bonds in
| volume enough to make him Independent
| of Congress during the rest of his term.
! 1t is believed that the issue will amount
| to two hundred millions or more, and that
| the bonds will be disposed of under a con-
| tract with j. Pierpont Morgan and those
| whom he represents. The assumption is
| that large issue will be made in anticipa-
| tion OF Mr. Cieveland's part, that Congress
| may take from him the powers to issue
| bonds Under the resumption act in the
| manner he has heretofore.
Accused of Disingenousness.
Republicans are accusing the President of
| disingenuousness. Mr.. Cannon. in a speech
| in the House today, said that Mr.. Cleveland
| was not playing fair" Republicans con-
| tend that by the course of the administra-
| tion since 1t has been demonstrated that
| Mr.. Cleveland was not sincere in his urgent
message commanding Congress to remain in
session during the holidays.
They say now that it Is NOT consistent
with his original intention that he should
gress and should issue bonds without al
| lowing time for Congress to act. They say
| that If he simply assumes that Congress
cannot do anything to satisfy him, the
| sumption was just as strong, or even
| stronger before the message was written,
| and that his asking Congress to remain in
| session was but a subterfuge. The state
| ment given out by Mr.. Carlisle in criticism
/ of the program of the House is accepted
as intended to pave the way for what is to
| follow
The appreciation of the situation and the
intense feeling excited by it was reflected
| in the debate in the House today.
The Change Of Sentiment.
When the session ended yesterday those
responsible for the House plan had come
to the conclusion that the bond Dill could
| not pass. Since the antagonism of the ad-
ministration has been fully disclosed this
| morning, they believe that the bill will be
passed by safe majority. There has been
no time that Mr.. Cleveland and Mr.. Car
Isle have not known that 1t would he i'm
possible to pass bill through Congress
providing for gold bonds. They knew this
as well before the message was sent in as
| they do now. Therefore it was with senti-
mentS OF resentment that republicans
| learned of a letter sent to Mr.. Dingley by
Mr.. Carlisle. asking If the bill under con-
sideration could not be amended so as to
| provide for gold" instead of ''coin" bonds.
Having called for assistance in the way
he did, they think the President should not
| exact imposs.bilit:es, when he knows that
even more than was thought possible Is be-
ing undertaken for the relief of the treas
ury. 1t is believed that Mr.. Carlisle was
led come out at this time with his con-
den .tion of what Congress is doing by
the t that he does not want to delay the
proposed bond issue, but wants to act at
| once on the plea that If even what is being
would be of no avail.
Not a Bona Eide Oner.
A pretense may be made Of offering bonds
to the public but it is understood and pub
licly asserted that an agreement has al
| ready been reached with j. Pierpont Nor
gan, and that whether bids are advertised
for or not, his offer will be accepted.
A cabinet officer is quoted as authority for
the statement that the bond issue will be
one hundred million, and that bids will be
advertised for.
Conferences have been held on the subject
today between Lamont, Carlisle and the
PRESIDENT and between members of the cab
met and friends of the administra ton in
Congress.
At the Department..
All sorts of rumors were current today
concerning bond issue, and the officials Of
| the White House and the Treasury Depart
ment were inundated with inquiries on the
| subject. Most of the reports had it that a
new issue of bonds would be announced to-
day. No such acticn had been taken at the
Treasury Department up to o'clock this
afternoon, and Assistant Secretary Curtis
who is Mr.. Carlisles assistant on financial
matters. said that, SO far as he knew, no
such action was contemplat ted Immediately,
not today, at any rate.
There is 10 longer the least doubt of a
new government loan. The gold continues
dent and his financial minister hold that
the House bond bill does not meet the re-
qurements of the situation at all.
The Presidenrs Position.
Ii is believed that the President would
much prefer to proceed to another issue of
bonds, under the authority he already has,
and under which the last three issues were
made, than to act under the pending bill,
or any notifications of it which are likely
tc be made. This being the case, it is
argued that the President will not wait for
any action by the Senate but, in case the
situation shows no signs of permanent i'm
provement will announce another issue,
not later than The coming week.
Under the provisions of the resumption
act, it is argued, the President is not pre-
vented, as he is in the pending measure,
from dealing with syndicate, which can
be obligated to procure certain propor-
tion of the gold from abroad, and what is
regarded as of even more Importance can
be pledged not to take any part of the gold
| from the government supply and to protect
the reserve, all of which obligations were
contained in the contract with the Bel
mont Morgan syndicate.
The Old Friaate Constitution.
The Secretary of the Navy estimates that