Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-01-02
Administrations Financial PROPOSE
ton to Be Severely Arraigned.
IT Is BETWEEN Two hot FIRES
The Republican Charges and Those
by Silver Democrats.
TIL E REAL DIFF FL G U 1t Y

II current expression in town may be
taken as a guide, the administrators
financial proposition is booked for severe
arraignment within the next few days
The republican leaders and the silver demo
Gratis unite in the opinion that the question
is now in a most confused state, and ought
to be thoroughly examined before anything
is done. Upon the whole they think thai
the advancing and withdrawing of first this
thing and then that has put the admins
tration at so serious disadvantage that IL
is now reduced almost to a condition OF
helplessness. They will not agree that
there is now even a definite proposition be-
fore Congress. The administration, they
believe. will take anything it can get that
bears any resemblance to what originally
was requested.
The two fires between which the admin
istration is placed are so hot that old OBJ
servers hesitate to predict the result. The
republicans make one accusation, and the
silver democrats another. But the gist OF
both charges is that the administration is
not dealing with entire frankness. either
with Congress or the country.
The Republican Charge.
The republican charge is that the tariff
is at the bottom of the whole difficulty.
The first question to be settled, as they see
the matter, is provision for enough reve-
rue to pay the running expenses of the
government. They insist, therefore, that
instead Of talking about authority for
the sale of low-rate bonds to keep the
treasury's gold reserve intact, Secretary
Carlisle ought to confess the real sit,la-
ton and ask Congress to take immediate
steps for raising more revenue at the Gus
toms houses or by additional internal taxa
ton. If he will do this-and they declare
that the truth of the situation demands
uyin In In, hair
power. Then will come the question of
more money by a new adjustment of the
currency, with such safeguards as ought
to be thrown around a matter so impor-
tant. The one question, they hold, could be
settled In very short time, and this
would tide the country over it's present
difficulties. The other, the currency ques-
ton proper, could be thought out more at
leisure and be referred even for q partial
popular verdict at next falls state elec-
lions.
What the Silver Democrats Say.
The silver democrats, all of whom are
tariff reformers and helped to make the
Wilson bill, refuse to accept any such ex-
PLANTATION of the case. They express the
opinion that the tariff law, If permitted to
stand, will justify itself and bring money
enough into the treasury. The only changes
they will even discuss relate rather to fur
ther reductions than to increases in rev.
enue They refuse to see anything more in
existing embarrassments than capitaliStic
scheme for forcing interest-bearing obliga-
uons from the government for the enrich
ment Of eastern bankers. One Of the most
prominent Of the silver men from the south
within the past few days, in conversation
with cabinet officer declared that nothing
ought to be done in the premises by Con-
gress upon any line which did not have
first in view the checking OF the rapacity
of the east. In his opinion, this putting of
gold into the treasury one month and draw
ing it out the next is no better than bun
CO game. He predicts even that II it is not
broken up it will be improved upon by its
designers until they will be able to force
the government into the market as a bor-
rover at their pleasure. He suggests that,
If no change is made. the gold dollars
ought actually to be bored in the center
and strings run through, SO that the bank
ers and brokers can receive back at their
own convenience the Identical pieces they
may have left on that sort of special de-
posit.
What Makes the Difficulty.
While criticism Is so free, and in some
quarters so fierce, there are no suggestions
that do not involve surrender of the ad
ministration's whole case. This makes the
difficulty. The President and Secretary
Carlisle are determined to prevent, II pos
sible, the bringing Of affairs down to q
silver basis The credit of the country, in
their Judgment, would not, could not, sur
ment's obligations of whatever character
must be assured of a redemption in gold
If they desire and demand 1t, or general
crash will swiftly follow. No difference
can he made between syndicate of bank
ers or single Individual at the treasurys 8
counter But the silver men urge that q
difference is permissible and should be-
made. Let the individual in the transac-
ton Of legitimate business have gold upon
his demand for it, but let the syndicates
be warned that If they appear at any
time with a fresh batch Of government
notes in their hands. to take back for the
purpose of speculation the gold they have
only recently paid into the treasury for
bonds, such of the notes as the Secretary
of the Treasury may, under the law, eX-
ercise his option upon Will be redeemed In
silver. To the objection advanced that the
syndicates offer only greenbacks, the sill
yer men reply that the bare threat with
a meaning behind it, of a purpose on the
part of the government to exercise Its
option in the redemption of treasury notes
would exercise a restraining influence on
the money power everywhere. The re-
sronsibility, as the silver men assert,
would then be thrown upon the money
power It would be for the bankers Of
the east then to decide whether or not to
force the hand of the government prior to
a distinct appeal to the people on the
whole money question, shaken clear of
the tariff and all other kindred problems.
What the Silver Men Want.
This makes it entirely plain that the sill
yer men want Secretary Carlisle to make,
over his official signature, the announce
ment accredited to him in the spring of
1893 about redeeming treasury note with
a silver dollar. This purpose, it will be re-
membered, was denied both by Mr.. Car
Isle and the President. But the silver men
insist that the declaration on the Secre-
tarys part of such a purpose now would
not only be a wise and timely act, without
any injury Whatever to the public credit.
but would go far toward breaking up what
they term 1.-The gold bug conspiracy in New
York" Some of them think that that path
would lead to the next democratic nomina-
ton for the presidency. None Of them,
however, expect to see Mr.. Carlisle take it,
Testing u Rifle.
A three-inch rifle, with Fletcher breech