Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1895-09-21
THAT BOND SYNDICATE.
tIold Going by the Million Tour
Reeds Big Room.

PLAIN. Some OF the language IN tnat
statement was certainly not calculated
to allay the fears of Secretary Carlisle
concerning the maintenance of a gold
reserve For instance, the assertion
that the syndicate, although under
no obligation to do SO, would contin-
ue to January I, to deposit gold 'if
existing conditions make it feasible
to do So" The administration fears
that existing conditions" in this
case will mean whether it will be to
the interests Of the syndicate to fur
nish the Treasury with gold. The
syndicate added to the decentralization
of Mr.. Carlisle and his fellow Demo-
Gratis when it said; "But neither the
bond syndicate nor anyone else can
control the elements. !" After all
what frightened Mr.. Carlisle even
worse than the significant wording
of the public statement of the bond
syndicate was the fact that member
of the syndicate withdrew from the
Treasury and exported s.. 500, 900 of
the 81, 200, 900 in gold sent to Europe
last week--the largest shipments ever
made in one week, with the single
exception Of week in last January
when the total sent was half a mill
ion in excess OF last week. Secretary
Carlisle makes no pretense of being
master of, or even of being one of the
controlling factors in the financial
situation; he is simply drifting, trust
ing to luck and the bond syndicate,
seemingly without an idea of what
he will do or try to do in case neither
keeps the gold reserve above the dan
ger line. There never was a time
when 6nancier was more needed at
the head of the Treasury. With an
able man directing our finances there
would be no more bond issues in
times of profound peace. but the able
man is lacking and the bond issue
will come again in due time.
Representative Milliken, of Maine,
brought a good-sized section of the
Reed boom to Washington with him.
Said he; "If you should meet with
anyone who declared that New Eng
land was not for Tom Reed for Presi-
dent, challenge the statement with all
the emphasis at your command.
New England is for him and will
back him with all the force and en-
thusiasm that human nature can ex-
ert. But he isn't depending on his
own section alone. The American
people admire, to point approaching
reverence, man Of big intellect, and
so Mr.. Reed has following today in
every part of this broad land, and
will have it too, when the national
SOANSullOH iuSStS " SClCSt Sldhudiu
bearer. That the Republicans will
elect the next President seems about
as certain as anything can be in this
world, and that he will hail from
Maine sincerely hope and believe"
Perhaps the Civil Service Commits
sion isn't trying to aid the admins
tration in its efforts to control the
next Democratic National Convention,
but all the same that will be the prac-
teal result of its official announce
ment that it is no violation of the
civil service rules for an office holder
to attend political convention as
delegate. The Commissioners evil
IDENTIFY realize that Mr.. Cleveland in
tends the letter he wrote during his
first term against that identical thing
to be ignored.
The talk about the administration
intention of adopting a vigorous for
eign policy has been revived in con-
nection with the rumor that the bel
ligerency of the Cuban Revolutionists
is shortly to be recognized. 1t will
be time enough however, to believe
in such a radical change when some
steps have actually been taken to-
wards such policy. Until then the
people only have the record it has
made to judge the administration by,
and microscopical examination
would fail to show one single vigor-
Gus act in that record.
According to visiting Republicans,
the prospect of success in Maryland
and Kentucky continues to improve.
The Administration has made no move
to indicate that it wishes the success
of the German ticket in the former
State, and there is nothing to indi-
cate that it will. At least one men,
Der of the Cabinet Hoke Smiths
credited with wishing defeat for the
German ticket. Mr.. w. Wines, of
greensboro, KY. who was member
of the last Republican State conven-
ton, is now in Washington. He
says: THE division in the Demo
cratic party on the silver question is
favorable to Republican success. Up
to the present time there have been
apathy and Encouragement in the
rank and file of the Democratic par
ty. Whether they will ultimately
pull themselves together, time only
can determine. l am perfectly con-
fident that the State will go Republi-
can"
Strictly Correct.
The Pittsburg Post says: 1.-The
speeches of Senator Sherman, Gov
ernor Mckinley, and Ex-Governor
Foraker at the ReDuhlicau State oath. |