The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1897-11-04
WASHINGTON LETTER.
From Our Regular Correspondent :,
WASHINGTON, d. G, October 90, 1897.

WASHINGTON, d. G, October 90, 1897.
President Mckinley left Washington
for Ohio, where he goes to cast his vote,
in very genial state of mind, and no
wonder. He this week brought to
successful elimination bit OF financial
manipulation which will save the people
of this country $13,OOO,OOO in cash, and
will gain his administration great credit
in the pages of history. He became
con vinced some time ago that there was
no good reason why the government of
the U. s. should lose anything by the
sale of the Union Pacific Railroad under
foreclosure of mortgage. The FIRST guar.
antee bid of the reorganization com.
mittee was about $l3,O0O,0OO short of
the claim of the government against the
road. When the date 81 the sale was
set for Nov. 2, President Mckinley
caused the committee to be notified that
it must raise its bid, or the government
would take an appeal from the decree of
the court ordering the sale. That
frightened the committee, and after
more or less growing it raised its bid
$5,0OO,OOO. Again the committee was
notified that President Mckinley insist
that their bid should be further raised,
to an amount equal to the claims of the
government against the road, or he
would ask the court to postpone the sale,
in order that other bidders might be
found. Regarding themselves as the
only likely bidders, the members of the
committee paid no attention to this
notification, except to intimate that they
didn't care if the sale was postponed a
few weeks. Then the application for a
postponement was made to the court in
behalf of the government, and at about
the same time the committee found out
that there would be another bidder at
the sale, if it was postponed, and that it
would be the U s. government, Presi.
dent Mckinley having determined TO
buy the road rather than to allow others
to buy it at price less than the govern.
ment's claim. The committee tumbled
off it's perch without regard to its dignity,
and added $S,OOO,000, to its bid, which
makes it certain that the government
will receive one hundred cents on the
dollar for it's claim against the Union
Pacific Railroad. President Mckinley,
having beaten the financiers at theil
own game, then directed that the appli
cation for postponement of the sale be
withdrawn, and it will take place next
week. Attorney General McKenna says
the interests of the government will be
equally we'll taken care OF in the sale ol
the Kansas Pacific Railroad, which will
be postponed until December 15.
Secretary Bliss, who, as treasurer O.
the Republican National Committee
handled every dollar contributed to tha
committee during the Presidential cam
paign, makes the following emphatic
statement: II am in position to say
most emphatically and unreservedly
that not single promise was made du
ring the campaign, either for favor
Office, or privilege. No money was con
tributed during the campaign by reasor
of favors after election, nor were an!
promises or bargains made. The mel
who contributed to the Presidential
campaign, with money or services, dit
80 knowing that the honor and welfar'
of the country we're at stake. The mel
who gave money to the campaign fun'
did 90 knowing that their own right
aud privileges we're as much at stak
as those of their country. As treasure
of the National Committee, I knov
whereof I speak, and defy any one to sa
otherwise. And will further say, tha
the charge that is now being made b.
the yellow journals in New York ths
the funds of the National Committee ar
being used in the New York campaig
is q lie. Yes, q d. lie."
President Mckinley has pleased tn
scientists of the country by appointin
such an able man as Prof. Pritchett, {
Washington University, St. Louis,
succeed Gen. Dufield, whose resignatio
(forced) takes effect November l., q
Superintendent OF the Coast and Geodt
tic Survey.
It can be stated upon the authority {
Secretary Bliss, that the government hs
not lost one dollar and will not lose
dollar by the discovery of frauduler
warrant on account of the Creek India
Nation. Interior Department inspector
! ascertained that about 100000 worth {
these fraudulent warrants were in ext
tence, but not one of them has been pal
by the government and not one will b
paid.
! The full text of Spain's reply to th