The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-03-17
On Whom Cleveland's Mantle is
to Descend.
SUPPORT OF THE CABINET
His Candidacy Will Soon Be
Announced.
BY HIS FRIENDS IN THE SENATE
He Desires the Nomination on a Gold
Platform With the Money Ques-
ton the Issue of the
Campaign.


Campaign.
Washington, d. G., March 16.-Sec-
retary Carlisle is candidate for the
Presidential nomination at Chicago,
and a public announcement to that ef-
feet will soon be made by one of the
Secretary's close friends in the Senate.
This announcement, however, will not
be made until the President has formal
~ stated his purpose not to permit his
name to be used in the convention in
connection with a third term.
1t is learned on excellent authority
that the President has fully decided
upon this course, and it is expected that
he viii make known his determination
within short time. Although Secre-
tary Olney's name has been considered
with favor, by Democratic leaders,
it is known that he does not desire the
nomination. 1t is undoubtedly true
that Mr.. Carlisle's candidacy will have
the support of Mr.. Cleveland and the
members Of the Cabinet. He viii go be-
fore the convention as the representa-
tive of the sound money" views of the
administration. His friends, in con-
Quoting the canvass for Mr.. Carlisle's
nomination, will urge that it be made
upon a sound money platform, and if
he be successful at Chicago, it will
then be made the issue prominent in
the campaign, leading up to the No
yember elections.
Representative Patterson, of Tennes-
see, has received from Secretary Car
Isle the following letter, in response
to eX-Spealzer Crisp's declaration that
silver had received unfriendly treat
ment at the hands Of the Secretary:
Treasury Department
Office of the Secretary,
Washington, March 10Th, 1896.
Hon. Josiah Patterson,
House Of Representatives,
Ny Dear Sir: Your favor of Feb. IL,
was duly received and ought TO have
been answered at once but the pressure
of official business has compelled me
TO delay a response until now. You
state that in a speech delivered by Hon.
Chas. f. Crisp, IN the House of Repre-
sentatives on the 14th day of Feb,
that gentleman said:
"He (meaning the Secretary of the
Treasury refuses to give silver for
gold because he must hold the silver
to pay the silver certificates and Sher-
man notes issued under the act of 1890,
and when a Sherman note is issued un-
der the Act of 1890 is presented he
redeems it in gold and not in silver
What mockery is this; what sort of
friendly treatment is accorded silver
by this law and the practice that OBJ
tains at the Treasury of the United
States?"
And you ask me to "state fully how
you u have dealt with the silver cur
rency since your (my) incumbency of
the Office of Secretary of the Treasury
| and whether you 0) have, in dealing
with the subject discredited silyer?
In answer to your question / can
only say that in all the operations of
the Treasury Department during my
administration of it's affairs, the legal
tender gold and silver coins Of the
United States have been treated pre-
cisely alike, except that greater eff
forts have been made to keep gold
coins in circulation.
The amount paid out by the depart
ment in silver coins and silver certifi-
Gates greatly exceeds the amount paid
out in gold coin and gold certificates,
and in no instance has the least
discrimination been made against sill
yer or its paper representative. In no
instance has silver or gold certifi-
Gates been refused in payment of a
debt or demand due the government,
and in no instance has the government
refused to pay silver coins or silver
certificates in discharge Of its obliga-
tions when the holders of the obliga-
tions demanded or requested such pay
ment When United States notes or
Treasury notes are presented for re-
demption, gold is paid, if it is demand
ed and if silver is demanded silver is
paid. Thus the coins of the two
metals are treated exactly alike in
making payments by the government,
as we'll as in the discharge of debts
due to the government. 1t has always
been the policy of the Treasury De-
partment to encourage the use of sill
YER to the largest possible extent and
in order to accomplish this, standard
silver dollars will be sent by express
at the expense of the government to
any one who will deposit an equival-
ent amount in silver certificates or in
Treasury notes of 1890 with the United
States Treasurer or any assistant
Treasurer or with a national bank
depository, and subsidiary silver coins
sent by express at the expense of the
government to any one who will de-
posit with such officers or banks any
kind of United States currency on ma
tional bank notes; but gold is not sent
to anybody free of charge.
In August, 1893, there was a great
and unusual demand in nearly every
part of the country for currency of
small denominations and in its at
tempts to supply this demand the
Treasury Department paid out, in de-
fraying the expenses of the govern