New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-06
DISCUSSING A BOND ISSUE.
BANKERS IN CONFERENCE WITH THE
PRESIDENT AND CARLISLE.

THE QUESTION ALSO DISCUSSED FOR SEVERAL
HOURS BY THE CABINEr-GENERAL BELIEF
THAT THE ISSUE WILL BE MADE'IN
DAY OR Two-MR. BELMONT RE-
PORTED 10 HAVE WITHDRAWN
FROM THE NEGOTIATIONS.
Washington, Feb 1.-The Cabinet was engaged
for four and half hours to-day in discussing the
impending bond issue, but IL any conclusion was
reached it was made known by Secretary Car
Isle that the time 70. giving publicity to 1t had
not arrived. That bond issue is likely TO occur
within II day two 70. however generally re-
rsrded as certain. this impression finding basis
IN active preparations therefor. which were begun
at the Treasury Department to-day. The officials
o. the Bureau OF Engraving and Printing were
called in as participants in the arrangements
The day was full Of conflicting rumors and in
tense interest about tho forthcoming issue Sew
eral weli-known bankers and capitalists arrived
here from New York yesterday and this morning
and all day conferences have been In progress be-
tween these men and prominent Government Off
Gals Among the well-known New-fork bankers
now here are August Belmont representing the
Rothschds; J. Pierpont Morgan ana Messrs.
Speyer and Bacon.
Last night the President. Secretary Carlisle and
Mr. Morgan were In conference at the Executive
Mansion until late hour. Mr.. Belmont had seen
the Secretary earlier in the afternoon. ms
morning the conference was resumed with MI.
Morgan 4 rImor industrOusy circulated was
that Mr. Belmont had withdrawn from all paruci-
patton in the matter Of placing the loan ap!oau'
leaving the bonds to be taken by American pdhN-
-,
Rumors that there were disagreements In INC
Cabinet on ceveral matters connected WIN ti,e
bond issue became rife after the Caonet au-
iourned but could be traced to no trustworthy
source Mr. Belmont call az the treasury De
partment this afternoon and nau coIieIs"
with Assistant Secretary Curtis. Dut received ~
information as 10 the results Of the CABINET
meeting. o, ,
Secretary Carlisle were together at the ENecu-
dive Mansion as early as 10 o'clock. ana SecTe
tary Carlisle did not return to the Treasury unli,
nearly O'Clock In the afternoon he authori. 20
the statement that rumors OF dissenslons IN the
Cabinet were unfoundeG. A :trory that ne hSo
resigned. it was ascertained was "lth9u' III III
shsdow Of fopnd i}n ,s remoy by denial
Mr.. Morgan remains in W3shihs'o'i III,
which it is inferred that his mission mere SUI"
awaits final accomplishment
pondinr the issue OF the new bonds By the Gov
eminent Wall Street ia practically at standsu''
The stock market is waiting and so IS 'he ehu'e
banking community. for news from "ashi,s'o"
The debate on the Currency bi, WHICH oeea"
Yesterday does not foreshadow It's passage anu nv
Nev-York bankers believe that the Administration
tie, IN waiting until Congress has made some move
before making a bond issue is foolish. ne - e
dent knows that Congress WI! DO noth,is "
lieye the Treasury, and II seems 10 De the se,eiai
op.nion that he ought to act at once on the oo''
question. , -. Loo, rr,c,ical-
~ ,,ornpeted although J. Pierpont Morgan lanes
Sneyer and August Belmont were YESTERDAY, III
W.shington AZ the Offices Of the foreign bankers
no in formation was given out yesterday about tne
nroDosel bonds Every one ir terestei mas Ila.-
tained a silence ever since the negotiations peed
and the public has 20 depend on rumors 10 a great
extent ST.. -. ,ha har-
The Iates, report about the condition o. me par
gain between the Adminstration ana io,elsn
hankjnr syndicate 10 as follows: The negotiatiohs
have been made so that the agreement 20 take tne
bonds will alternative basis that II W.
hills have been made one on the basis or gon p1mIS
and The other on the basis o; coin bonds. ms
ia lone IL is said order 10 show the country 'nrs
loss ina, has been entailei II by the refusal or
Congress authorize gold bonds