The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-01-02
GAGE STILL EXPLAINING.



Washington, December 2S.--As eXclu-
sively stated in the World today, Score,
tary Gage has decided not to increase de-
posits of revenue receipts beyond the si7
$4,000 for which the bonds of the govern
ment have been deposited.
Not single application from a Ma
tional bank was received by the depart
ment today. No more are expected or
will be received until the whole $17, 650, 600
revenue receipts are farmed out by the
National City bank to the sxty-six Ma
tional banks which were favored by Seq
rotary Gage. The allotment of the s17,-
$4,000 will not be exhausted until Janu-
airy 10.
The possibility of congressional in
yestigation which will be demanded next
week has created Il sensation in otncial
and diplomatic circles OF Washington.
The president, | am informed is great
ly chagrined at the popular remon-
STRANGE against the deal with the Ma
tional CITY bank. ana some interesting
revelations are promised as a result OF
tho attempt TO lix the biame for sprng-
ing the scheme, with a presidential cleo
ton less than a year Off Mr.. Hanna
and other leaders who are concerned In
promoting President McKinley's renomi,
nation and reelection are very angry
Secretary Gage in a statement today
SAID that he openly courted an investi-
CATION, He says the National City bank
gets nothing for its trouble. 1t Is OBJ. I'd
TO attend to the distribution of the re-
ceipts among the other siXty-six National
banks subscribing to the National bond
oners. The secretary himself Axes the
amount OF revenue receipts TO be depas-
tied with each hank. The National city
attends to the distribution of them. The
secretary would not discuss his plans
for the future disposition of the revenue
receipts of the government.
An application to the treasurer of the
United States. Ellis II. Roberts, Tor In
formation as to the amount OF goyern-
nent money deposited in the National
CITY bank today or on the day Of tho
last report obtainable ELECTED this eva
sive response
IL is impossible TO answer the ques-
uoniion, because the National City bank
receives transfers from other banks ali
over the country"
When asked how much other hanks
nave on deposit under similar condi-
lions he said: 1T is impossible to an.
swer this for the reason thai we eau
not tell what the collections of internal
tN.enus are IN each locality each day.
democratic senator. in commentios
upon reports tonight that Gage NAV re-
sign, said.
do not know who is responsible fur
| TINS deal but 1t looks to me az though
MT Gage, Willingly or unconsciously. me Y
income second Alger in the MCKINLEY
administration. The great storm OF publie
dlsapproNal OF an act OF the administers
ton may result in the sacrifice Of Mr.
cage, Just as General Alger was sacri
feed.
Assistant Secretary of the Treasury Van
derlip denied today that he had been Of
fered the position OF vice president OF
the National City bank when he leaves
his present official position.
Several plans contemplating a thorough
investigation and exploitation OF tbs
deal are under consideration by the
democratic minority. Several resolu
lions demanding an investigation wils
be introduced by democratic senators and
members.
Before the assembling OF congress next
wednesday. however. II Is probable that
the democratic leaders will confer and
outline comprehensive and effective
plan for exposing the full extent OF tho
hold OF the trusts about the Mckinley
administration.
Some OF the democratic party leaders
favor caucus on the project