Evening star., 1944-01-23
Fifty Years Ago

ting out new bond issue, for an amount
that today would be con-
New Bond sidered picayune The bonds
Issue were authorized by Mr..
Carlisle, Secretary of the
Treasury to augment the cash-in-hand
balance which had fallen too low, in
his opinion. The amount raised was
$50,000000, the rate per cent, and
the term 10 years. Payment had to
be in gold or gold certificates, and the
yield was less than S per cent, as the
bonds were sold at a premium With
regard to the gold-payment clause, The
Star of January %, 1894, remarked:
The manner in which the Treasury will
secure coin for the bonds will be in
teresting. The only large boarding of
gold in this country, outside the Treas
ury, Is in the banks of New York City
80 not likely to part with it readily"
scribed.
The site of the new Government Print
ing Oftice was proposed to Congress.
According to The
Government Star of January %,
Printing Office 1894, "Following
closely upon the ac-
ton of the Senate committee yesterday
in the selection of proposed site for
the new printing office comes the House
Committee on Public Building and
Grounds today with another and
different proposition. The committee
met this morning and by unanimous
vote authorized Chairman Bankhead to
report bill providing for the purchase
of square 683, between North Capitol,
a cost not to exceed $500, ,000 upon which
is to be erected a building to cost
$1,500000." Reasons given in favor of
the location were Its accessibility by
two main car lines and its proximity to
railroad tracks, permitting the laying
of spur line and the easy handling of
heavy shipments, both incoming and
outgoing. But the site was not used for
that purpose. In 1902 a building was
completed between North Capitol street
and New Jersey avenue, and between G
and H streets, at cost of $4,000, 900,
supplemented in 1910 by an addition
costing $3,50O,OOO.
| At Jacksonville, Fla, on January
Is, 1894, Heavyweight Champion James
J. Gentleman Jim)
Corbett Corbett defeated the
Retoins Title challenger from Britain,
Charley Mitchell, in the
| third round. "Corbett Wins" said The
Star of that date. For the first time
since he has been acknowledged head
of the pugilistic fraternity of the world,
James j. Corbett has defended with
success the title which he won by de-
| feating his predecessor, John L. Sullivan.
| Pitted against the boasted exponent Of
the manly art in England, Americas
brawny representative has proven his
! fitness for the place of honor, which his
sinews and muscle won for him." There
had been much doubt whether the fight
would even be held, due to efforts of
| reformers to block it by legal action.
| X X X
The possibility was considered of stop
| ping the civil war in Brazil by means
of American arbitration
Revolution between the contending
In BroziI? factions. The Star of
January "a, 1894, ex-
| planned: "Its large interest in Brazil
make the United States Government de-
sire speedy termination of the war,
| and the efforts of Admiral Benham in
| that direction will undoubtedly receive
| encouragement from the authorities at
Washington. He has no specific author
ity to arbitrate, but joint application
| to that effect would probably not be
disregarded." The war, however, had
to be fought out, and 1t was only with
the greatest difficulty that the insur-
| gents were defeated later in the year.