The Mason County journal. [volume] (Shelton, W.T.) 1886-1927, 1895-08-16
ashingtOn Letter.
From our regular Correspondent /

| WASHINGTON, ~. u, aug y 1850
The American who can hear the
Treasury officials talk about the gold
reserve without experiencing II sense
of humiliation has q queer make up.
These officials never refer to the Sec
retary of the Treasury nor the admin
istration, as having the power to keep
the gold reserve intact, but always to
their reliance upon the power of the
foreign bond syndicate to protect the
gold reserve. When asked about last
weeks heavy withdrawal OF gold from
the Treasury these officials say "oh,
that's of no Importance. They then
proceed to inform you that the for
eign bond syndicate would have pre-
vented the withdrawal of that gold
had it deemed it necessary to do so,
and have the gall to add that the for
eign bond syndicate has since last
February lived up to its contract and
protected the gold reserve. Do you
understand what that statement
means! Humiliating as it is, it
means that the democratic admins
tration, convinced of its own lack of
financial ability, paid the foreign bond
syndicate 100000 ,OOO-the profit ON
the bonds sold to the syndicate-tO
guarantee the protection of the gold
reserve in the U. S. Treasury from
February to October, and, instead of
being heartily ashamed of the dis
graceful deal, democratic officials ac-
tually gloat over it and constantly eX-
press their satisfaction over the bought
protection they are enjoying. Secre-
tary Carlisle felt so secure that he has
with his own and one of his sons
families gone on junket through the
Great Lakes, on government light
house tender. 1t is fortunate for the
country that only two months will
elapse from the expiration of this
dearly bought and disgraceful protec-
ton of the U. S. Treasury and the
meeting of the republican Congress.
Republicans have found it necessary
to pay foreigners to maintain the Gre
dit of the U. S., and never will
The Allison boom was brought to
Washington day or two ago by Hon.
J. N. Baldwin, of Council Bluffs, Iowa,
who is good talker, and who has it
all fixed; in his own mind. He said
"I expect to see Senator Allison nomi-
mated and elected President. His 35
years experience in Congress; his
Thorough knowledge OF economic
Questions; his familiarity with tariff
and finance; his broad guaged ideas
and conservative stand on all the
great issues of the day pre-eminently
fit him for the great Office" Up to
this point any good republican will
agree with Mr.. Baldwin, but in what
follows many will not "Mr. Reed is
too far east; Gov Mckinley repre-
sents too extreme view of prOtec
ton; Gen. Harrison has had his turn
land acquitted himself nobly, but it
isn't in the book of destiny for him to
linhabit the White House again. So it
is apparent that of all the distinguish
ed men mentioned Senator Allison
takes precedence by reason of his sup
erb qualifications and his availabili
ty." No republican would, judging
from what those who come to Wash
ington have said, object to Senator
Allison as the party's candidate, but
with the exception of Mr.. Baldwin
none OF them have credited him with
any chance for the nomination, ex-
cept in the event of a deadlock be-
tween those who will enter the con-
vention with more votes. His whole
strength lies in his being an ideal
compromise candidate; but suppose
no compromise is needed?
That deal between the administra-
ton and Joe Blackburn is off, very
much off. Blackburn broke it up,
but his friends say that it was because
he found out that the administration
was trying to keep his mouth shut by
trickery, while it was steadily plotting
to prevent his being returned to the
Senate. According to the best OBJ
/. tainable information it is to be war to
the death from this time on. Black
burn is bitterly denouncing the adj
ministration from the stump, and
more determined, his friends say, than
ever in his preference for republican
rather than a Cleveland democratic
. senator from Kentucky.
: The democrats are becoming as
: much alarmed about Maryland as they
have been for some time about Ken
lucky. The Cleveland democrats are
disgruntled over. the knock down that
Senator German has given them, and
U. S. Govt Report