The evening times., 1900-09-13

recalled the scandal of the Standard OH Ma
tional City Bank of New York and its re-
lations with the Treasury Department un-
der the Administration of that eminent
banker, Mr.. Gage.
Mr.. Gage is giving the use now Of more
than $50, Gee, 600 of the peoples money TO
favored banks without interest, instead of
paying that amount on the Government
inteTest-bearing bonds The Secretary
declared in answer to the Senate resolution
OF enquiry that he did 2ot do this with
view to favoring the banks, but he did it
for the good of the people.
The reasons for this 2ction," he said,
were to prevent the injurious effect upon
trade and industry of & too sudden with
drawal from .sablic uses into the vaults
of The Treasury as so large d sum as
SIS, COO 000
''Of course" the politicians say, IF he
had redeemed bonds with the money he
loaned to the banks the money thus paid
out by him would have gone into eircuIa-
tion Just as ceftainl as when he loaned
it to his banking I'iendS. Perhaps Mr.
Gage was also iusr ;r-6 to his generous act
by that simple 4l., pathetic letter calling
attention TO the spr scTiptiGnS made to the
Republican campaign fund by the directors
OF the Nationa! (ity Bank. That missiye
follows;
a. The National City Bank of New York.
New York June 5, 1897.
- MY Dear Mr. Gage: The National City
Bank of this city Of which l recently be
came vice president through the consoiIda-
ton of the business of the Third National
with it, is one of the banks designated as
a United States depository, and l write
to request that in any changes which may
| be made under the Administration We may
not be disturbed in this respect. We should
like to remain a United States depository,
as at present OF course, the bank IS very
8 xalro he inc m,
look at our list of directors you viii see
that we also have very great political
claims in view of what was done during
the canvass last year. Yours very truly,
"a B. HEPBURN.
g Hon Lyman ]. Gage,
It. S Treasury, Washington, d. C. -
The situation III New York was dis
cussed freely at Democratic headquarters
today The hope was expressed that the
nomination of the State ticket would bring
an end 10 the Croker-Hill dissensicn and
that all the Democratic forces in the
State would unite to wage war upon the
common enemy. It is recognized by Dem
ocratS that a hard fight is ahead Of them
in the Empire State to overcome the Ne
| KinIcy plurality Of four years ago-zbS,-
46g.
The German Bureau Of the Democratic
National and Congressional Committees
! continues TO receive reports which indi-
! cate that a high per cent of the German
| American vote is lost TO the Republicans
i A significant poll was recently taken OF
/ the German Catholic Central Ferein at its
| meeting ar Peoria, III The membership
| is 4C0. Ninety-flve per cent OF the MEM
! bers declared that L is their intention TO
| vote for BRYAN and Stevenson.
1T is like this throughout the eoun-
try. " said a prominent German TO Times
reporter. Imperialism, mflttarism, and
/ high taxes 10 support these policies are
! hateful to Germans. They know what it
all means. They have passed through it.
They were taxed to death in their own
country to keep up a magnificent military
| establishment 10 support an Imperial
policy"