The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1895-12-26
orrrR or A. LOAN,
RUSSIA Ready to Supply Uncle Sam with
Gold

A,Oiu
Washington. December 2N'--'reM M
torest was excited IN official circles tNo'Y
hv tho nublicatiou In the washington Post.
Under a New York cate. of a circuiuS,"'-
,,al statement TO the effect that the Rus
slan Government has offered to lena tnc
tfnNed States any AMOUNT o, gov w, ~, Nv
SO oN6 u00-onc- half of It's total posseSsloi,s
of tliB apec.er- ia order 10 lutlh"N'h ~
credit AGAINST assaults iror inc Etthl
monty poyrrs nt the European natlunH
md uft.r learning Cf tits tehiNi, NY
RothchilGs. through Nc ssia. hcllnon,
Nforran had made oNcrtnrtS 20 l.l VIZ
United states have any amount OF Fo,'
needed Tho statement 1t is said. IS nc.
curptc, SD Car as corccrrs INC ii't N,"t
kusgia rendered the United states FtI'
Of It's store Of gold. hut the natural lni'i-
oncc tLai this oncr was recent one ma J.,
in consequence 81 the late Neucliclai
uttesnrc and subsequent pnic Is moi VA,
ranted. for II may be assertion poH,tlNe'y
ard or excellent authority that the ttnuri
was in no maunur II flucnced 10y inc cont
plicntious now oNihtinE between ult
Timed States ana Great Brltain as re-
suit OF the negotiations over the Ncnczue-
la question, aud Wac. in fact, mace TWO
Thc fact of the matter is brief ard runs
back only to the beginning OF the prcsen,
administration of President .leVeitllu
Soon after he came irto oihco inc SeNoh'
limo tho president was confronted by q
r, pitiv sinking gold reserve IN tho United
Suites treasury ana q heavy loss oi rev
tariff This situation resulted IN tle
iipited States being asked larger rates
than usual for any bonds 1t nnGht wioi.
TO float, o.. 49,, ,,a,rs
had been accommodating gold, IN many
cases at great disadvantages OWING 10
the hostility OF money lenders OF tchtrhl
and western Europe ana inuch goln WIS
uurrhnseh I'm the open market by secret
agcnta Of tho Russian government, INC
niipose was not only 10 proNlue u ptop.r
reserve IN the Russian war ehest, hul iiso
10 provide against a contemplated change
In the Russian monetary system by ruls-
ing tho silver rouble 20 phflly WIN
gold Tho procedure Is TINS chse w's tih
Mar 10 that Of Secretary sherman "hen
h. accumulated the hundred mutton goa
reserve as n preliminary TO declaring the
treasury ready to redeem IN golh inc
reenbaclts issued IN the lnHt war,
Takiug covnlzance with tho situation
| Of tho United states II mas beci hlWeyS
! On fesrs Of the closest friendship aud be-
| tween which and Itself there was con
! Gicting interests 10 nrisc. Secretary Gre
I sham through Prince CnntacusenH. thcil
I Hurslnn minister TO Wilmington, was no
/ tifid that Russia stood ready to parl
4 was necessary to the United states n
I order 10 project her old time FRIEND IN
( Tho family Of nations -. tn,
( This tender was made anoui 1'bn ,
I rnonthe after President Cleveland AZ
| sunod Tho presidential Office for ms see.
! oud term Al the time the ofler was
! gratefully Acknowledged, but as the on
Z ltnli=ta az other nations gained mn INK
Z ing OF tho fact that the tender had beer
/ made 1t was found that the terms npol
/ which gold could be procureh ~ We opsr
/ market rs conseQuence on "" 49, 1, /,
! 5tnnoeeseary 10 tax tho friendship Of RUS
! STA Al present. so u is unlerstoou, w,
} Russan offer SIN holds good, ana anon'
! thn only new phase OF the situation J,
/ ,ba, ;hls fact has been made known
J freshly 10 the European gold brokers