The Pioche weekly record. [volume] (Pioche, Nev.) 1877-1900, 1896-01-16
SYNDICATE WILL GET BONDS
Morgan viii Have All the
Bonds, or None.
By Means Of the Moneyed connec-
lions of Wall Street With Europe.
the Gold Will Be so Manipulated
That the Morgan Party viii Grab
the Entire Issue-Gold Reserve
Dwindling.

Chicago. Jan. IA special from
Washington. ID. G.. says: Now comes
the important information from Mr..
Morgan, who has formed or is forming
bond syndicate. that he will take all
the bonds offered by the Government or
none. This is his ultimatum
The experts in finance know what
this means. Here is what the best one
in the Government says. under cover
OF confidence:
The syndicate will get the bonds. be-
cause speculation is -blooded
game. There is no sentiment In Wall
street. 1t is well enough to speak Of
patriotism and brotherly love among
the citizens of a Nation. but those SEN
timents do not spring from the hearts
OF men who corner gold. Just as sure
as these bonds are sold. just that sure
VIII wall street get them. A bank in
Steubsnville, o., the National Exchange
bank. telegraphed today Offering to
take $4,000 of the bonds at Slip. Other
banks, l am told, have sent similar
messages to Mr.. Carlisle. A dozen or
more of them were received before
noon. But there were no messages from
New York or from Philadelphia or from
Boston. These cities harbor the men
VINO control the gold of this country
They may not have ii themselves, but
they have way of getting it, When
you have learned the intricacies Of
nnance you will learn that the bankers
and brokers of New York, with their
affiliations and connections reaching
across the sea, can band themselves to-
gether under the present laws and
MANIPULATE THE GOLD
nf
an engineer manipulates his throttle"
There is a belief expressed in other
quarters that in the end the syndicate
Will control this bond issue, Just as II
did the last. 1t is thought that while
the public may subscribe to some ex-
tent, the great finailciers, the men who
would have formed the syndicate, Will
go together and make a price for prac-
tically the whole issue which would be
higher than the average individual
would care to give. and which would
compel the Secretary of the Treasury
TO award the bonds to the combination.
Secretary Carlisle was prompted to
write his bond call by news which he
had received from Secretary Olney,
who had been in New York and who
was then on his way to Washington.
Just before o'clock Sunday night Mr..
Olney reached Washington and was
driven Immediately to the White House
few minutes later Mr.. Carlisle and
Attorney-General Harmon were sum-
moned to the White House by tele-
phone. Then Secretary Carlisle, read
Ing from the notes he had made at his
home, dictated the call, which was later
made public.
What information did Mr.. Olney
bring from New York? That is a ques-
ton not so easily answered The men
who know are few. The private secre-
tary to the President was besieged for
Information on this point, and in reply
to all questions he remarked that he
belonged to the great majority who
knew nothing. Some of the men whose
opinions are worthy believe that Sena-
tor Elkins's resolution, which was dis
cussed so warmly in the Senate Friday
afternoon, was responsible in part for
the sudden issue of the bond call BY
this resolution Senator Ellxins sought
to declare the sense of the Senate to
be against the sale of bonds to a syn
dictate, or in other words, against a pri-
vate sale. This resolution rests on the
calendar of the Senate as unfinished
business. to be taken up at noon today