The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-03-17
VIII Soon Disclaim That He
Seeks a Third Term.
CARLISLE TO COME FORWARD.
ihe Presidents Mantle Not 10 Fallon
the Secretary Of State.
FORMAL Announcement OF CarlisIe'x
Sandidacy About to Re Nfade-Iiis
Nomination Would Bring the Frnan.
eiai Question to the Front as tho
Chief Issue.

Washington City. March m.-seeretarv
taftsa Is . candidate for the presiden-
tai nomination at Chicago. and a rl,hli,
announcement 20 thar effect aiil 500, H.,
made by one Of the secretars's cles,
ifAeoss in the senate. This Announce
iise nj. however. viii not be made until
fiesldeni Cleveland has formally stated
ATS purpose not 10 permit his uanc 10 hs,
used IN the convention in connection With
a ihiri term. Il is learned on exceileat
authority that the president has fully de-
eided upon this course. and IL is expected
that he will make known his determina-
uen within A short tine. Although Sec
retsrs olnoy's name has been considered
WITH favor by the Democratic leaders. il
Is known that he does net desire the nom-
iaation
II Is undoubtedly true that Mr. Car
hsle's candidacy will have the support
or Mr. Cleveland and the members OF tho
cabinet. He will SO before the conven-
ten as the representative Of the sound
money views OF the administration. His
friends Ia conducting the canvass fer
Mr Carlisles nomination will urge that
II be made upon sound money plat
form. and. Il he IS successful at Chicago,
will then make this issue prominent in
the campaign leading up 10 the November
eleo,tons
Representative Patterson. OF Tennes-
See has received from Secretary Carlisle
long letter in response to ex-Speaker
Crssns declaration that silver had re-
ceved unfriendly treatment at the sec-
retarys hands IN speech delivered in
the house OF representatives on the li;n
day of February the ex-spcaker said:
He tmeaning the secretary OF the treas
uryl. refuses to give silver for gold he
b,4 rafrx bafa he ell ~.
silver certificates and Sherman notes
issued under the act of 1890 and when "a
sherman note issued under the act OF
1870 Is presented ne redeems II in geld and
not in silver. What mockery is thisg What
sort OF friendly treatment is accorded
silver by this law and the practice that
obtains at the treasury of the United
States"
Secretary Carlisle. In reply TO letter
written by Representative Patterson.
says:
ln answer TO your question can only
say that In all the operations OF tho
treasury department during my admins
tration of its affairs the legal tender gold
and silver certificates Of the United States
have been treated precisely alike. except
that greater efforts have been made to
keep silver coin in circulation. The amouna
paid out by this department in silver
coins and silver certificates greatly ex-
ceeds the amount paid out in gold coins
and gold certificates, and in no Instance
has the least discrimination been made
against silver or its paper representa-
tive In no instance have silver coins or
silver certificates been refused In payment
Of a debt or demand due the government.
and in no instance has the government re-
fused 20 pay silver coins or silver certif-
Gates in discharging its obligations wheu
the holders Of the obligations demanded
or required such payment. When United
States notes or treasury notes are pre-
serted for redemption, gold is paid II 1t
is demanded and II silver Is demanded.
silver Is paid. Thus the CONS Of the two
metals are treated exactly alike In max
ing payments by the government, as we'll
az in the discharge OF debts due to tho
government.
.It has always been the policy OF the
treasury department to encourage the use
of silver TO the largest possible extent. ara
in order to accomplish this standard silver
dollars will be sent by express at the eN-
pense Of the government to any one who
viii deposit an equal amount in silver GER
t,,jcates or treasury notes OF 1890 with tho
United States treasurer or any assistant
treasurer or with a national bank depasi-
tory and subsidiary silver coins viii be
cent hy- express at the expense OF the gov
eynmept TO any one who VIII deposit with
such officers or banks any kind OF unifed
States currency or national bank certir-
Gates. but gold is not sent TO anybody Tree
of charge.
.tn August. 1888, there was a great and
unusual demand in nearly every part or
the country for currency Of small denomi-
nations and in its attempt TO supply THIS
demand the treasury department psh out.
in dcfrayng the expenses or the govern
,rent and IN exchange for other forms ct
currency all the silver that could be law
ft,lly used for these purposes. so th' Ter
a short period 70 aas compelled 10 sasi'sfd
nav,neut In standard silver doiiarF. except
m the redemption Of silver ceftiiiostsS -iii
,yeas,lry notes Of 1880 The law authafiZ-
,as, the use of silver certificates upon de-
,.os,,s ~ siIyar provided that the coin ee-
,,ss,cA fnr or representing the certificates
s.au ts retained In tho treasury Tor ire
,.av,,ent of the same on demand IL -
ihe,atore plain that. whenever the sueIht
=. no, dollars IA the treasury does rot
exra.d tho. afnount Of silver ceFtheates
c,,,sfaa aiding ths secretary OF th~ treasury
cs,oof without violation OF fse law nay
-. - stlver except for The redemption
- ,e,fificafes At such tines ne mas no
$50 ,trh; to exchange silver dollars Tor
III, ,bsn he has 70 pay them out in any
other manner
.r,, ,hers is also another fund In he
,..,s,,rv which IL required hy Law 10 bs
! t.1a for A different purpose. II consists OF
,,,,,on ana the standard silver dollars
,,,e,'s,g from the bullion purchased nnier
~ al Of July ". Isa1. That act provides
- 49,. fs,rcs1ase Of silver bullion al the
,,s,a,ct urice snd the issue OF treasury
- !, ,aYnsnt for H. and u also de-
-. that no greater nor tess amount OK
s,,ch notes shall b outstanding al any
-. mar, the cost Of the silver bhiiion 4H1
-. atarAard silver dollars coif'ed i'iefe
| fro,n acid in the treasury puieiassi
I .il, -. ,,.ea' Under tais provision the
/ -s,rs,arv Is required 90 keep VI 'he W,
al Zines an amount OF silver buiiiSn
y. a ,,s, ,,rfea and In standard silver csl-
-. ,.osnsa from IN. purchased bullion *
/ -, ' r.,,,ai 10 the amount OF treasury
+ A.-. -, anaiuF. and he cannot. 'he'e-
I - ,s.,,,,lIy use such ST standard SILVER ofi-
I - --veso. in the redemption am eaa-
collation. Of treasury notes
{ ...fv letter to tne United states seha1'.
,rhtrh Mr.. Crlsp's statement seems
- t.,e been based. was written on 'isa
- aav Of August. isss ana al thsi iifh"
-. go 10 free silver IN the treasury
- T.. .nsra were 10 STANDARD silver opi-
.ae treasury except sUcn a. me ID "
-e..,s-sa 10 be held fVr the redemption 81
! -, certificates and m" treasury "o's'
( p - "a these redenptions were made
a. an times during t'at iis"'sIn' a. an .'.
~ - r,,,,rh when these forms Of eurref-
49, - t,rssspt.h DURING the month oi
-. isss treasury notes t. tbe amount
[ - - we're redeemed ia silver and
( .,a.tsa ana since the Tst day OF Angus :
/ - ~. tofsf amount Of Suca nsteH r.
- !, siIyer ansi Cancelled - sis.5sS. II
| pr,or to ny administration Of tae An4si'