The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-03-17
CLEVELAND'S FRIEND
Carlisle, the Secretary, Is Candidate
for Presidential HOnors.
HE HAS WRITTEN LETTER
1t Is True That He VIII Have the
Support of the President and
Cabinet on "Sound
Money" Platform.

Washington. March 1s.-Secretary
Carlisle Is a candidate for the presi-
Dental nomination at Chicago, 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 formally
stated his purpose not to permit his
name to be used in the convention in
connection with a third term. II is
learned on excellent authority that the
president has fully decided upon this
course. and IL is expected that he will
make known his determination within
a short time.
1t is undoubtedly true that Carlisle's
candidacy will have the support of
Cleveland and the members OF the cab
met. He will go before the convention
as the representative Of the sound
money" views OF the administration.
His friends, in conducting the canvass
for Carlisle's nomination. will urge
that IL be laid upon sound money
platform. and IL he be successful at
Chicago. will then make this issue
prominent in the campaign. leading UP
to the November elections.
Representative Patterson OF Tennes-
see. has received from Secretary Car
Isle long letter in response to ex-
Speaker Crisp's declaration that silver
had received unfriendly treatment at
the secretary's hands. Secretary Car
Isle I'm his reply to a letter written by
Representative Patterson says: II
can only say that In all the operations
of the treasury department during my
administration the legal tender gold
and silver coins have been treated pre-
cisely alike. except that greater efforts
have been made 10 keep silver coin in
circulation than have been made to
keep gold in circulation. The amount
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
representative. In no instance has sill
yer or silver certificates been refused
I'm payment OF a debt or demand due
the government, and in no instance
has the government refused TO pay sill
yer coins or silver certificates in dis
charge OF it's obligations when the
holders OF the obligations demanded or
requested such payment.
when United States notes or treas
ury notes are presented for redemp-
tion gold Is paid. II IL is demanded.
and IL silver Is demanded silver is paid.
Thus the coin OF the two metals are
treated exactly alike. II has always
been the policy OF the treasury depart
ment TO encourage the use OF silver 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 equal
amount in silver certificates or I'm treas
ury notes with the United States treas
urer or with a national bank deposit
tory. but gold Is not sent to anybody
free of charge. The law authorizing
the use OF silver certificates upon de-
posits OF silver provides that the coin
deposited for. or representing the GER
tificates shall be retained in the treasu-
ry for the payment OF the same on de-
mand.' IL is therefore plain that when
ever the amount OF silver dollars In the
treasury does not exceed the amount OF
silver certificates outstanding. the sec
retary OF the treasury cannot. without
a violation OF the law. pay out such sill
yer except for the redemption of certifi-
Gates.
My letter to the United States sem
ate, upon which Crisp's statement
seems TO have been based. was written
on the 18th OF August. 1898. and at
that time there was no free silver In
the treasury; that Is. there were no
standard silver dollars in the treasury
except such as the law required TO be
held for the redemption OF silver certif-
Gates and the treasury notes OF 1890 and
these redemptions were made at all
times during that month, and every
other month when the forms of curren-
cy were presented.
I'm response 10 your verbal inquiry
concerning the coinage OF standard sill
Yer dollars during the present admins
tration. you are advised that IL amounts
/ to Se, So. 900 up 20 the 18th day OF this
month, while the amount OF such dol
lars coined in this country from the es-
| tablishment OF the mint in 1872 up to
February. 1878. a period OF Sc years. was
IS. .O3O. 900 I enclose herewith a copy OF
my letter 70 the United States senator
referred TO above. Very truly yours.
u. G. Carlisle"