Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1895-01-17
Washington Letter.
From our Regular Correspondent
WASHINGTON, Jan .. 1893

General confusion, gene T Il uisilh I
ana otn-ral diSas ter mr. now can en-"
inc fer the control of the den"crr nc
majority in congress aud II the adm d.
.strstion Instead OF returning from
Their holiday IN more united conc J.
ton the democrats are, Il such a mug
be possible, wider apart on The hnau' J.
al question than they were nm 4
recess adjournment wa' taken Deoste
was resumed i'm tie house on IN" cur
Tencv bill without any idea of ~ha' y
To be- the oaicom4. The men wh"
ourht t. be the leaders at ne drmt
Gratis are in doubt not on rs to WHIST
they ought to do, bu' also As u whet
following they will have should my
decide upon what 10 attempt Som"
are advising the h0lding Of caucus
and nrlers are saying ihat caucus
will only zggravate the ENSUING nlNl*
ion Mr. Cleveland has lttimatrd q'ile
strongly hat he has mind l" seh'
special message To congress piea llg
for some D itriotic. non par isnh imam
cial l-gi. lation, and his cabinet y un-
derstood 10 be divided IS To the ahVls-
ability of such course on his part.
The situation has not be-, improved
by The apparently ellgrouDded ru-
NOR that J Pierpont Morgan Ne"
York banker, had called upon Mr
Cleveland, ~ the representative OF d
syndicate of bankers which Heated lhe
last bond issue, and formally requested
that Secretary Carlisle DO dismissed
from the head of the treasury depa' L
ment, on the ground that h had tal Gu
10 keep faith tb the bankers ana that
he lacks capacity TO successfully hah-
die the financial affairs OF the country
OF course no one expects this 10 result
in the removal of Secretary carlisle
but it has added another complication
to situation that was already entirety
too much complicated.
Republicans in congress had 10 hand
in making the present financial middle
and they do not consider IT their duty
to take ary part in caring up mat
iers Tney are at present mere ~
terested on.ookers. waiting to see
whether the democrats VIII be aole 10
produce anything tangible out oI inc
chaos now prevailing AT present. al
though the Carlisle currency Dill Is
nominaily before the house for general
debate there is no certainty that IL
may not without an ours notice be
succeeded by another biii OF an entire
ly different nature. When the demo
Gratis have shown what sort OF OH
they really inienu to try to pass, II they
ever do. the republicans will be ready
to meet it with definite declaration,
something that is at the present lime
useless 10 make Among the changes
proposed 10 be made in the Carlisle
currency bill is one tor the issue OF
$500, 600, 000in twoand one-haf percent
bonds, TO be used for the retirement OF
the greenbacks aud treasury notes
1t is stated Mr. Cleveland has endorsed
the iuea, but has not done so publicly.
Senator Mitchell of Oregon thinks vi
very doubtful whether the Carlisle cur
rency bill can be forced through the
house and saws of its chance in the son
ate. II do not see how it could get
through tho senate. The plans when
have boon presented 80 far are most
unsatisfactory and will require
thorough discussion OF the best method
of remedying existing conditions be-
foso a., bill can be formulated that
will be satisfactory; and there isn't
time for that When asked whether
there will he an extra session OF Con
oress, the senator sad Not unless
the democrats force 1t The republic
cans Will do nothing TO delay seton
We will not even fight against the ap
preparation for the execution of the IN
come tax. We believe thai the tax IS
odious and ought not u be enforced.
but as the dem )erats have placed 1t
upon the statute BOOKS. it may, per-
hapS, 30 good thing TO let the country
see just how unpleasant it l.. There
will be speeches against it, but no
faclious opposition.
Representative Russell, of Conn, a
republican member OF the House com
miltee on bsnking snd currency, does
not believe that the treasury can get
any relief from financial legislation.
no matter what its nature, until the
tariff has been re, ranged on the lines
of protection and sufficient revenue
provided 10 meet the needs of the gov
eminent. He recognizes, as do most
students ct the financial
situation, that those two bond issues
would have been made even il no
treasury notes or greenbacks had ever
been presented for redemption in gold.
In short. that while those bond issues
We're nominally made to replenish the
gold reserve they were in reality made
to meet the deficit caused by the new
tariff law AS to the tioential bill now
before The House. MIR Russell believes
that h., administration can force il
through the House. but has hls doubts
about whether Mr.. Cleveland viii care
40 do So. now that he has had an OPP
portunitY to learn what the country
thinks of il
a--
ut TIL ~