The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-10-09
GARLISLE'S QUANDARY,
He Would Dodge Customs Clauses
and Tax Beer
THE POLICY OF THE new HOUSE
Is Said to look Towards che Revision
OF tho Wool CLAUSE OF tho TarlG,
short Notes may DO Issued 10 Save
Gold-AIlIson'S Plan for Emergency
Notes Considered u Practical Item.
ody,

WASHINGTON, D. o., Oct, s.--Ths
bond syndicate's option on future iSsuea
OF government bonds expired on the lat
OF October, II is quite noticeable that
during tue last six weeks Of that option
the gold Withdrawals we're exceedingly
heavy, go much 60 thatit seemed US il
any day might 500 the announcement
that another lot OF bonds had been sold.
During the last week, though, the ro'
serve was 100000 below tue maxi
mum safety mark, aud several millions
less than it bad BEEN at any time since
the last sale Of bonds, there were no
rumors that an issue OF bonds was inn
mlhenL
While during the last week OF Septem-
Der more than S3,00O,OO0 OF gold waa
Withdrawn Tor export, the first week Of
October ended with Rlthdrawal OF
only Si6d,0dj, aud this woas Ia Canada
THIS, with tho fall in exchange, aud the
reported shipment OF S!j0,OJ1 in gold
from Europe, has largely restored con-
hdauco and created the hsliet that The
drain Of gold Ia over, The remarkable
thug about this 10 thatit occurred after
tho bond Syndicato's option had ex-
PiTel. There ~ naturally much com.
lnent on this situation, and II " recalled
that the treasury officials had bOsn
placing their confidence in tho bond
syndicate. II would appear then as ii
the cessation OF gold Withdrawals might
have boon expedited had The treasury
rolled upon business conditions rather
than upon an unnatural aud forced as
distance from syndicate OF bankers.
cAULlsLE's QUASDARY.
Though it is two months before Con-
gres. assemblies, Secretary Carlisle has
commenced the preparation of mis- an
nual report. lie 10 considering recon.
nandations. II is understood that he iI
having difficulty in explaining The do
ficiI and the relations between the
treasury and the bond syndicate. II Is
believed that, Ia spite OF efforts TO force
a surplus by withholding payments,
Secretary Carlisle has about concluded
to make q recommendation tor an in.
crease in tho governments reyenue
When the frat I've days of October
showed recsipts OF only $1,000, 500 O5
and expenditures OF S., 10000. q deficit
Of s., s25, 100 9j, it would appear as II the
reported surplus Of So. 10000 Tor Sep.
tember was fictitious, and that some
thing must be done to provide revenue
Though tho President aud Mr., Car.
iiste have not abandoned their PEoPoH.
ton for the retirement OF groenbaCkS,
il is believed that they are considering
acme revenue plan. The idea that i'm
presses them most iAvorably IL an In.
crease in internal revenue taxes and
beer Bcems to BIO the most available
commodity ior revenue purposes, mas
much rs An addition oil 81 barrel to
the TAX would yield an annual revenue
Of more than S3O,0O0.O0l. The President
and hia secretary or the treasury are aps
preclativs OF the opposition that would
DO encountered with such a proposition,
and arc Rpprehensive OF tho political
unpopulariiy that would result from It,
They have been advised by iniuen'
tial Democrats that il would DO bet
ter to explain the necessity for more
revenue in the secretRry'a report,
and avoid making any recommeu.
dalion for obtaining It, The Prasi.
dent and Mr.. Carlisle see the dill.
Guilty Of such a plan, for it would in.
eyilably result in some additional tariff
duty. Their aaxiety is TO have tho
tariii law left severely alone. Tho COM
modify upon which 4 tariff duty might
be imposed would be wool, This is
probably the most Objectionable Of MI
articles, that is from the adminiStra.
ton standpoint, with which Congress-
could interfere. The administration, II
tho secretary Of tho treasury should
avoid making direct recommendation
Tor tho procurement Of revenue, would
be forced to accept either an addition t.
tho iaritl schedule or su1ar tho loss OF
the, required revenue. Either is con.
sidorod more Objectionable by the Hd.
minisraton than tho tax on beer, so II
IL quite probable that Secretary Carlisle
will, in spite OF the apparent political
incxpodiency OF such an act, recon.
mend an increase Of the beer tax.
NEW wooLrS scuGDtLu
Private Ndviceu from Republican
Al.