Show BONDS WILL BE PLACED ABROAD I I I Negotiations WithLondon Bankers Bank-ers Said to Be In Progress 4 h WILL BE NO POPULAR LOAN I POPUA LOA EXPEIUEACE OF THE LAST FEW MONTHS UNSATISFACTORY 1C Placed with London Bankers It Will Avoid for the Present ut Least the Necessity for Paying Out Gold in Exchange for Legal Tenders Nothing Definite But I Is Believed the Announcement 1V1U Soon Be Made I Washington D C Feb 5he cabinet cabi-net was in session from before 10 a m i till after 245 p m i The object of discussion was the i pending bond issue Several prominent I bankers are here among them J Pter I pont Morgan and while they have pt seen either the President or I I 4r lisle it is understood that their i son s-on the situation were conveyed to tha President today No authoritative statement of the character of the cabinet discussion can be made but it is believed that no final action has been determined ben upon I is understood that negotiations with representatives of London bankers bank-ers are In progress with indications of an early consummation There is no longer any expectation of a popular t loan to be placed in this country as in that event th experience of the last experence I I few months would be repeated and the I gold reserve depleted I The purpose of the administration It is understood is to place the entire J3 sue of bonds with London bankers who would pay for them in London t gold and thus avoid for the present 1at least the necessity for paying out I gold in exchange for legal tenders I While no definite conclusion has been reached it is believed that the announcement an-nouncement of the sale of the bonds will be made at an early day I The Howgate Case I Washington D C Feb Treasurer Rosewell H Rochester of the Western Union Telegraph company was the principal witness in the Howgate trial today The government sought to show that the checks aggregating 30 000 had been appropriated by Captain Howgate and the witness testified tiut these checks had never been paKJnfto the Western Union The defense Objected Ob-jected to this testimony on the ground that one alleged crime could not < k tu introduced in evidence to prove f > cific crime The court overruled the objection He also testified as to his acquaintance acquain-tance with Howgates signature and that the Western Union had never performed any service for the amounts represented in the three checks I f Our State Miiitia Washington Feb 5The secretary of war today sent to Congress an abstract ab-stract showing the militia force of the country by states and territories The entire force is placed at 116899 of whom 107394 are privates and noncommissioned non-commissioned officers and 0350 commissioned com-missioned officers The unorganized military force of the country numbers 9582800 Gold IVIthdrawn Washington Feb Advices from New York state that 2S6200 in gold was today withdrawn from the sub treasury in exchange for currency It Is not intended for export 510000 in gold heretofore withdrawn for export was yesterday returned to the treasury treas-ury which leaves the gold reserve after deducting todays withdrawals 12936442 |