The Camden chronicle. (Camden, Tenn.) 1890-current, 1896-06-26

GOSSIP or TmE CAPITAL m
PiruY PARAGRAPHS.
Ooings oftho Chiefs and Heads Of Che
Various Departments.

The president Monday afternoon ap-
proved the modified general deficiency
BILL
Hon. Matt W Ransom, United
state minister 10 Mexico, who 81 on
leave OF absence, had interviews We'd
nesday with the president and Socre-
tary Olney. About twenty Washing
ton correspondents who could not so
earlier 10 81. Louis on account OF de-
layed adjournment of congress started
from Washington 10 the convention
city Wednesday afternoon Ia special
car rendered by the Chesapeake aud
Ohio Railway company.
The senate, Saturday, confirmed tho
following nominations; David n.
Burke. of New York, consul general at
Tangier, Morocco; George T. Smith
ers, Of Delaware, consul at Chung
King, China; Abraham r. Server, OF
North Carolina, chief examiner of tho
civil service commission; A. G.. May
lie, special examiner Of drugs, medi-
cines and chemicals at New Orleans;
Samuel B. Palmer, Of Georgia, assist
ant surgeon in the navy.
Secretary Carlisle has directed that
400 street signs imported at New
York for use in st. Louis Mo-, be for
warded at once to that city without ex-
animation ct New York, and be exam
ined aud appraised by the custom of
iicers at St. Louis. The signs will be
sent forward in bond. Mayor Wal
bridge, in kilograms to the treasury,
states that these street sings 'are need
ed in ST. Loais before the republican
convention meets" He says the need
for the signs is urgent"
An even one hundred Of the Wash
ington newspaper correspondents left
for ST. Louis on q special train over
the Pennsylvania railroad Monday af-
ternoon. They went out week ahead
of the meeting of the convention in
order that they might have ample
time to speculate upon the platform to
be adopted. Mckinley will, perhaps,
be nominated by acclamation, and the
man Mckinley names will be chosen
for vice president But over the plat
form there promises to be a wild and
woolly fight
The Bond Issue Inquiry.
The senate subcommittee of the
senate finance committee designated to
conduct an investigation of the recent
bond issues decided Tuesday to begin
its work after the adjournment Of con-
gress and to admit the press to its
sessions Its first mind was to hold
secret meetings but the idea was def
nitely abandoned
Secretary of the Treasury Carlisle
/. has prepared a statement for the com
mittea in compliance with its request,
but it is probable that he will appear
in person to answer questions.
In his statement the secretary traces
the beginning of the trouble back to
the closing year Of President Harri-
sons administration.
. Speaking generally of the various
issues, the secretary says:
"Owing to the discouraging condi-
,, tion of our financial affairs and the
: consequent lack of confidence in the
ability of the government permanently
, to maintain reserve under a system
q ofredemption and reissue of notes,
very considerable difficulty was en-
countered in effecting the loan invited
by the proposals of January 18th,
e 1894, and at one time pending the call
j. it was feared that the effort would fail.
: However, owing to extraordinary ex
3 ertions made during the last two oil
Q three days preceding the time wher
s the bids were to be opened, subscrip
!. tions for the whole amount were Sc
n cured.
! cat the time the contract of Febru
Y airy s, 1895, was made the emergencl
J. was so pressing that the whole pur
b pose of the loan would have been de
}, feated if the replenishment of the re
t. serve had been postponed for a sufi
W cient length of time to advertise fo
Y bids, and besides it was exceedingl,
Il Doubtful whether, under the circum
stances, any sales could have beef
made to the general public upon a
favorable terms as to the rate of inter
est as were secured by that contract.
1t Replying to that part of the senat
resolution which directs the commits
a. tee to investigate and report "what Ell
s. feet the bond sales had on the credit,
te the secretary says that in his opinio
" the sales were necessary for the pre-
III servation of the credit of the govern
es ment and the security of the bushes
IN interests of the people, and that they
d. in fact, accomplished those results.
ANOTHER VETO.