The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-04-28
The CALL FOR THE BONDS.
One Hundred Million Dollars All
that Is Needed.
THE LOAN Is TO BE MADE POPULAR.
Understood There VIII he Lit
tie Opposition OTercd.

Washington, April FIT is proposed
to issue a call for 100000 900 of the
1920 per cent bonds said Secretary
Gage. within the ensuing sixty days If
possible. This. Of course, is predicated
upon the cotton of congress in regard to
the war measures proposed by the ways
aud means committee.
80 far as the certificates of indebted
ness or short term bonds are con-
| corned. they will be held up for use In
case OF an emergency, as they may be
handy to have about the house. Prepara-
tions are being made at the bureau of en-
craving and printing in regard to the de-
signs of the bends. and they will be ready
for issue within thirty-five days after being
authorized by congress. From talks with
members OF both houses OF congress 1t
Is tne general impression there Will be no
faetlous opposition to tho proposed issue OF
bonds.
we VIII not attempt to advertise for
bids for these bonds, but will circulate
| posters and other means of informing the
pubic as to their desrability through
It5imasters. collectors OF internal revenue
ana customs and other officials of the gov
efnment. Ia is the intention 10 make this
war loan popular one, and 1t Is thought
the means to be resortgd to with a view
10 utsb,ributlng them over tho country
WIZ commend Itself TO ali patriotic cit
lzens Of the republic. Advices received by
the treasury departments are to the erect
that Sloo'oO0,0o0 in bonus will suffice for
present emergencies, and, II Necessity
erisos for further issue, calls VIII be made
as rapldly as circumstances viii permit.
| 1t Is the expectation OF those who are
supposed 10 know the sentiment of con
sress that May | will witness the passage
OF the bill which will be reported by the
ways and means committee next week.
| mere does not seem to be any disposition
10 indulge In lengthy debate on this war
measure and the Indications are favorable
! Tor prompt action. We need money IN
carry on the War and party lines seem TO
pc opiiterated In the effort to uphold tho
| nahus 81 lne government against Spainv
Leading senators, regardless of party az
| ni'aticn, say that inasmuch as the United
states' tnroush It's chief magistrate. has
begun war against Spain II IL their dr,v "a
% natriotic first and render oboisance 10
| me party whip next. Such an honest ad
vocatc of silver as Senator White Of Cali
| fcrnia said: "
IT matters little whether the proposed
issue OF bonds are TO he gold silver or soip
herds, All we want 10 know Is that thev
ere 10 be applied TO the support Of our ar,nv
and navy. and there will be no ouibblins
over the kind OF bonds 10 be issued There
arc times when It becomes necessary to
SINK personal and party opinions for tho
common veal, and the emergency how con
fronting ts seems 10 present al evcellent
opportunity for carrying this preoept into
practice"
Senator caffery of Louisiana, who was
one of the four senators Of the democratic
persuasion 10 vote to free Cuba. said in
ccnnoctlan with the ',ond issue; II favor
an absoluts gold bond to obtain money 10
carry on tho war, only limited in amount to
the needs OF tho government also fayur
u pnNslar loan and think now Is the lime
TO start Que, TO he renu scented by the cola
treasury note In such denomination thut
any citizen possessed " any means nj III
can get enc. Whlle I was rot In favor a, a
flat declaration OF war. thinking that a.
terysntion on the lines laid down nv ths
presidents message wopid probably effect
peaceful solution OF thu difficulty be-
tween the United States and Spain, row
that war has been declared want Ii pushsd
with all tlsv pawer OF the rcrub,r VS.
can get money at home or abroad al a
much lower rate OF interest more readily
upon a grld bond than we could upon a
lend payable in coin"