Arizona weekly citizen. [volume] (Tucson, Ariz) 1880-1901, 1896-07-25
TELEGRApHIC.

IEHE0kHP1IO.
. WAsHINeToN. July 1s-rhe tip
given out today by high sdmiuistra
ton official, who sis close to the throne,
that President Cleveland might not is
sue any more bonds for the protection
of the gold reserve. He continued:
"He is prohibited from selling bond
below par. and one OF the recent sale
was made at only per cent, and frao
ton above par. With free silver tri
umph in sight it is not unreasonable t.
suppose that capital would shy at
fresh issue of government bonds. Thi.
possibility has been carefully consider
ed by the president, Secretary Carlisle
and their financial advisors. Stated
bluntly, failure to sell bonds, should
there be need Of another replenishmeni
OF the gold reserve, will place the coun.
try upon q silver basis at once. Then
instead Of having another bond issue
to make political capital out OF, as the
populists are counting on with gleeful
anticipation, they will bs confronted
with silver nomometallism itself. II
silver is the good thing it has been
cracked up to be, the fact will be quick
ly shown.
"If its summary triumph 10 the man
ner suggested should be attended with
/, financial convulsions, as the honest
money men fear, the people will arise
in their majesty and crush it out, ard
that will be swift and final end to
agitation on the subject. Foreign ex-
change IL steadily advancing, and the
expectation Of gold is assuming formi-
dable proportions. international bonds
are being dumped upon reluctant Ameri-
can markets by timid foreign holders
and prices are yielding under the pres
sure. France is reaching out after our
gold to make up the amount of the $500
100000 loan just negotiated in Paris.
The fret consignment goes tomorrow,
100000.
"rhis is not an alarmist presentation
OF facts, but it is the view that has i'm.
pressed itself profoundly upon the ad-
ministfatiou and upon those who have
the cool courage to face hazardous
prospect and plan accordingly. II is
in the cards that the treasury en-
barrsssment, over which the thought
less and unpstriotic gloat as furnish
ing political capital for the advance
ment OF the cause of free coinage and
populism will yet supply an object
lesson which will forever silence un-
healthy agitation"
LINCOLN, Neb., July 1S-That W.. j.
Bryan will receive the support OF Hen.
ry M. Teller, of Colorado, there is no
longer any doubt. Bryan today receiv.
ed letter from Senator Teller IN which
be told him that he would support
him in the race for president. The let
ter rune as follows:
DENVER, COL, July lS-Hon. W. j.
Bryan, Lincoln, Neb, Dear Sir:
congratulate you on your nomination
at Chicago. think the country is TO
be congratulated slse.
l need not assure you that your
nomination was more than satisfactory
to me. think we shall be able to con.
solidate the friends of silver in your
support, and If we do this l believe you
will be elected, although l do not over
lock the tremendous power that will be
put against Us in this campaign. All
the power OF money ami organized
wealth, corporations and monoplies of
all kinds will be against US. Justice is
on our side aud this is the cause of the
people.
1t is contest for industrial ipdepen-
dence and for freedom from the
domination of foreign powers and CAPT.
ialists, and it does not eeem possible |
10 such a contest before the American |
people that justice should fall and |
wrong prevail. do not believe we
shall. l think | can promise you the |
cordial support OF the western silver |
men who have heretofore acted with
the republican party, and il you get |
that think all the western coast and |
states will be with you. |
| will not offer any suggestiG rs to you,
save advise, that you make no pledges |
or promises, so you may go into the |
gre OF Office of president of the United |
States without the EN- barrassment that |
follows pledges and promises, even il |
such as may be properly carried out.
1t will afford me pleasure 10 place n.y.
self at the disposal of the national COM
nittee to make speeches in your be-
half as my health will permit, where
md when they may think l will do
good. l am very respectfully,
II. M. TELLER.
This letter greatly pleased Bryan.
When Bryan had finished breakfast
his morning, he turned his attention
% the vast amount OF mail that had ac-
simulated during his absence. There
we're over 5000 letters to be opened
md read and among the first to be
opened was that from Teller. The
etters were taken to Bry8n's home,
where be and his wife in the library be-
IAN the srduous task of reading them.
DENVER, Colo, July Ex-senator
Teller and six OF his associates, who
eft the national republican convention
made public this evening an address, to
he silver republicans Of Colorado. The
liver republican congressman and SEN
tors have been in conference at Mani
on. for several days over their state
aent. In addition to those signing
he address. Senator Pettigrew, Of
south Dakota and Senator Cannon. of
JtsE, are declared to be in sympathy
With it, although Senator Cannon was
lot present at the conference owing to
BUSINESS engagements in Boston. |,
The address in part is az follows:
We deem it right that we who have
erefore affiliated with the national re-
ublican party and who have rejected 6
be financial plank of the platform ,
dopted ct st Louis and refused to
upport the nominees of the convex :