The sea coast echo. [volume] (Bay Saint Louis, Miss.) 1892-current, 1896-03-21
JNO. CARLISLE
is A CANDIDATE TO sue
CEED MR.. CLEVELAND.
FOR SOUND MONEY.
A GULF COAST FAILURE
Due to Decreased Prices and Poor Col
lections.- Gov. McLaurin Issues
Proclamation.
a GULF COAST FAILURE
Due to Decreased Prices and Poor Col.
FOR THE PRESIDENCY.

TUX HE Fkt-SiDETN(T.
John q. Carlisle Announces ON the
Sound Money Platform.
Washington, March 16--Secre-
tary Carlisle is a candidate for the
presidential nomination at Chica-
go, and a public announcement
to that effect will soon be made
by one of the Secretary's close
friends in the senate. This an
nouncement, however, will not be
made until President Cleveland
has formerly stated his purpose
not to permit his name to be used
in the convention in connection
with third term. 1t is learned
on excellent authority that the
President has fully decided opon
this course, and it is expected Chat
he will make known his determi-
nation within short time.
1t is undoubtedly true that Mr..
Carlisle's candidacy will have the
support of Mr.. Cleveland and the
members Of the Cabinet. He will
go before the convention as the
representative of the" sound mon
ey" views of the administration.
His friends, in conducting the
canvass for Mr.. Carlisle's noml-
nation, will urge that it be made
upon a 'sound money" platform,
and if he be successful at Chica-
go, will then make this issue pro-
minent in the campaign leading
up to the November elections.
The Secretary makes the fol.
lowing reply to the declaration of
ex-Speaker Crisp, charging Mr..
Carlisle with being unfriendly to
silver:
"My letter to the United States
senate, upon which Mr.. Crisp's
statement seems to have been
based, was written on the 18th
day of August, 1898, and at that
time there was no free silver in
the treasury except such as the
law requires to be held for the
redemption of silver certificates
and the treasury notes of 1890,
and these redemptions were made
at all times during that month
and every other month when these
forms of currency was presented.
During the month of August,
1893, treasury notes to the amount
of 81, ,273,267 were redeemed in
silver and cancelled, and since
the first day Of August, 1893, the
total amount of such redeemed
in silver and Cancelled is $19.533,
722. Prior to my administration
of the affairs of the department
none of these notes had been re-
deemed in silver or cancelled.
"Since the beginning of this adj
ministration nearly $4,000, 900
in gold has been procured in ex
changed for other forms of cur
rency. Of this amount $8,915,812
has been procured in exchange
for silver coin and $40, 1928. 1880 in
exchange for silver certificates !.
The department has never refused
to exchange silver for gold, when
it had silver that could be lawful
ly used for that purpose, and if it
had so refused / am wholly una
BILE to see how it could be consid-
cred a discrimination against sill
yer. Is refusal to pay out gold
in exchange for silver discrimi-
nation against geld? If not, il
Of course follows that a refusal to
pay out silver for gold is not a
discrimination against silver.
tin response to your verbal in
quiry concerning the coinage OF
standard silver dollars during the
present administration you are ad.
vised that it amounts to the sum
Of $6, ,662, 900 up to the 18th day
of this month, while the whole
amount Of such dollars coined in
this country from the establish.
ment of the mint, in 1892, up to
February, 1878, a period of eigh-
ty-six years, 5000, 900.