Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1902-08-21

issue which will enable them to
predicate an increased circulation
without paying the high premiums
which United States bonds are now
commanding. He says that the Ad-
ADMINISTRATION will Issue bonds and
attempt to make the people believe
that they are issued in order to
meet demand for Government Sc
curities which arises as a result of
the extreme prosperity of the couns
try. 1t is not considered likely,
however, that the Government will
find it necessary to issue bonds for
the especial purpose of meeting a
deficit. An issue of bonds is pro
vided for by the Spooner resolution
authorizing the construction of the
Panama Canal, and already the Off
Gals are counting on that issue to
help out the Secretary in his efforts
to meet the deficit. There is little
doubt but that Senator Spooner had
been requested by the Administra-
tion to provide for that bond issue
of $3.50, 100000 for that very pur-
pose.
80
There is reason to believe that the
long anticipated "shake-np' in the
Treasury Department is about TO
take place. 1t is claimed, by those
in a position 10 know, that Assist
ant Secretary Spaulding will go
out very soon and that his success
sor has been decided upon. Assist
ant Secretary Allies is also talked
Of as likely TO be asked for his res
ignation. General Spaulding, it is
said, will be taken care OF in
some other and less important posi-
tion within the Department. a new
appraiser is to be appointed for the
port Of New York, aud rumor has il
that the appointment will go to vii.
liam ID. Bynum Of Indiana. The
minor clerks Of the Treasury De.
parument have received a severe
'shakingup Of late by the inaugu-
ration Of new methods by the Sec.
rotary and they are bewailing the
fact that this is a strenuous admin.
stration Under the new rulings.
the work Of the Department must
be kept up 10 date, letters must be
answered the same day that they
are received, and work must be
done in a business like manner and
not on the Old gossipy, get-it done
whcn-its convenient manner which
has characterized the Department
in the past The change is appall-
ing to many OF theancient employees
Of the Department who foresec in it
their doom Tor they have too long
followed the old way 10 be capable
Of adapting themselves to the new,
aud their chiefs will be obliged TO
recommend them for dismissal be
cause they cannot keep up with the
pace set by the man from Iowa.
Senator Wellington Of Maryland,
who was in Washington recently,
stated that he strongly advocated u
constitutional amendment which
would extend the presidential term
10 six years and make 1t impossible
for any man 10 serve "A second term.
He said that the President had more
power than the Car OF Russia, by
virtue Of the patronage which ls at
his disposal, and that no man could
be elected president aud resist the
temptation 10 use that power 20 fur.
Their his ambitions and secure his
re election He stated that he re
garded the whole trend OF the Re
publican party as towards imperial
ism and as IA menace to the future OF
the republic He believed there
was constant tendency on the
part OF the Executive 10 eucroach on
the legislative branch OF the Govern
ment and that some remedy which
would clIectually check such en-
croachment should be adopted.
Summing up his remarks, the sena,
tor said The American people
have put aside all the higher ideals
of past generations and have set
tied down 10 gross materialism.