New-York tribune., 1896-02-06
COLGATE'S
Violet Water.
Try a few drops in the basin or bath.

Gf
nublic confidence as nothing else could do, and
hat confidence and prosperity would be restored
from this time out.
MR. DEPEW CALLS 1T GLORIOUS"
Cbauncey NJ. Depew was highly pleased over
the success Of the issue. He said last evening
IN speaking OF the result of the bidding:
This is glorious. II will act like elixir Of
u,e uycn the Nation. 1t has shown that the credit
.. this country is beyond the power Of any man
70 tear It down. 1t is superb tribute by the
naope Of this country to the country OF their
faith in their country. 1t is Of the grandest
demonstrations that the world has ever seen Of
neoples faith In its government. II is also
tribute 10 the greatness Of the country that
foreign banks clamored for the issue Is the
case OF the German banks and other European
banks 1t shows that the people OF Europe know
that the country Is sound We may talk about
free silver and pass free silver bills in the Senate
We may talk Of war and do many other things
that tend TO tear down our National credit. but
the people Of Europe know that In the end
sound sense will prevail. They know that the
people will be ruled by reason resolutely and ao-
solutely It shows that the world respects our
Nation as the best financially. If not in other re-
soects among the nations of the world.
"If the popular loan had been for $1,000 10000 the
*-'VVV'NNN'NNN'
This can hardly be called popular loan owing to
the intricacies Of the system under which 1t was
made. The common people do not understand
Yhe system OF computation Of premiums IL IL hau
been a strnightaway loan at per cent Tor
,er,od Of thirty wears. the people would have un-
derstood 1t and the money would have come from
the old stocking and the bureau-drawer ana
everv other place in its little sums Of $500 and
q 900 III that way thousand millions or DOL
lars could have been raised in thirty days bu'
the reople do not understand these computations
and they had TO do their business through '"e
ba nkers who understood the techhlcaAues i"a'
sort Of eliminated the popular loan theory Ou' Il
was a wonderful success nevertheless. II Is iii'e
30 O success because the loan was taken by the
mas. sensitive of the Nations money! y-holders-the
bankers They gauge public confidence and ther
IDEAS are generally followed in money matters
II shows what the men that stand at the safety
valve think Of the Nations resources ana creui''
AS for President Cleveland ana MS pre'io'"
.ora issue this will prove to him that the peo-
49,. r,ora faith in their country than he
hos and that they will take care OF the couh-
, ouoa,. .. oil times II shows that he was
80. a uisa prophet in saying that the gold couid
only, he secured through a syndicate The peo-
,o ,eye established the credit OF the country
o,d will maintain II. We are all risnt now
Thi. will re-establish confidence Win d pou"u'
Things will boom from this on we nave 'iu0N
the bottom and are on the upgraoe' e"p'0'
10 see everything rush now. People viii c"ee,
-, r,a croaker.s occupation is gone He Will
~, have any one 10 listen TO him. We are 60
ing TO elect a Republican President Inc Peopie
saw. oh. we'll the country's credit Is al! r'sh'.
Never mind what Congress does. we VIII se'
r,d ~ those fellows some day. We can get
NVa viii
RennbIican President and everything Will De
ou r;sbt. am sitting on the top rail now
shouting-and 1 expect to have lots OF coii'-
pany"
cu,N,rOR THURSTON NEVER HAD DOUBTS
c....o- 1ohn NJ. Thurston, Of Nebraska, was
.. ~. Eyfth Avenue Hotel during the day. and
"a ,.ad the report Of the success OF the issue
,,,.h No surprise and manifest pleasure he
so,d that he had never for moment doubted
,,. that the issue would be success. and then
added: So
.This Is most gratifying 10 every one. 1t Will
40 more TO start business booming than any
thing else could have possibly done. 1t Is
testimonial Of the peoples faith in their coun-
trv For a long time there has been talk that
the issue would not be subscribed and that the
only way to gel gold was through syndicate
That was the theory that President Cleveland
worked upon In the nrst Dohd Issue l"'9
proves him to have been wrong in his surmise
that the only way TO get gold was through a
svndicate That is the most charitable con-
struction to place upon II. His error cost the
country dear the first time, but he could
not commit the error again as the people would
not allow II. do not think that this talk about
Impeachment amounts TO anything. as Mr.
Cleveland only made blunder in judgment,
but we now have a Natohal credit thal Is uii-
Mr.. Thurston comes from the West. and Is in
close touch with the silver men. When asked
If ne thought the success OF the loan would en-
courage the silver men In Congress 10 try to
get through free coinage bill, now that they
felt the credit OF the Nation was safe, Mr..
Thurston said. slowly:
The rabid free-silver men want a free-coinage
bill whether or This will make no practical
difference to them There are many bimetaillsis Isl,
in both branches OF Congress. however, who VIII
be much encouraged BY this to proceed in an at
tempt 10 pass a free-coinage bill
Mr.. Thurston said that one OF the most surpris-
ing features Of the issue the bid or j. T. Nor
gan Co. who got the last issue at notoriousy
low price, and now come to the front with q
strong bid. five points or better than thelr price
on the last issue There has been strong move.
rnent 10 tear down the belief that the Issue cOuld
be taken by popular subscription. can naturally
understand that. however This mas oeen ga sarl,c Ar
the whole way through. Every point In the game
was a per cent and worth $10o00oO nave seen
men excited and talk about the large amount al
stake when $500 or s4oo Jackpot was on ,ne .au.e
This was simply another form. and the stake was
81 900 900 upon the huctuation or each per cent
Naturally the bankers wanted 10 get II as cheal
as possible but they could not break the peopie :
faith In the financial strength Of the country
WARNER MILLER TRUSTS THE PEOPLE.
Ex-senator Warner Miller chatting with
some friends about the bond subscription whef
asked for an expression Of opinion as to the sue
cess OF the loan. He said tritely;
IT think it demonstrates that the people have
greater faith in. and are better supporters o. the
credit OF the Nation than the present Admin
istration."
When Mr. Miller asked what he thoughl
would be the result Of the heavy subscription oi
whether the Administration could be held 10 ac
count for the last bond issue. he replied: