Show 11 L r it I 1 4 at adhn his late speech in 10 now new aorl seer secretary C modestly Te marked thai LA ili tho pho of calling collid na 10 tho the high 1 terest bonds land stomping lamping them as aa ks J is a so one lit it it confida nothing obnoxious thereto there IB no no u CO 1 48 no to double ingerl Inlet cat with respect to the expense of thus C on gerlog the ibo 0 per cents amour alln to tm the total COIL coat we a lose than 12 60 the beat or of it is that ILA iho boale ho bo ads ali so stamped roo me to a premium of I 1 per cent co t and the 46 we up I 1 lollo abst tod and the lhea to llo oki foa on tho the issue or of be experimental call for or 5 per cent A and now a success to in respect to the 5 percenta pr equal to the triumph in ID tho be qt fp as F vory day dijt malls and od lella gramB flood tho the treasury with re qutee or of As proffered by tho that secretary theme amount to upward Ui nl of dally and long before the iho day limited for the extensions JIT li next tho the whole holo amount amoust will hero been taken la in no secret arct 01 ol the lh rush may IQ a come do de km freo be cip lunod by be fact that t tho be atilt bonds bond co converted under if alio tall will be the he lut ro redeemed dessow 1 in pursue ties of tile provisions of the iho act ct 0 or f on the test of tho the prescot mt month them abero were of 0 5 per cents tho the redemptions ons since loc then amount to lo IHO fijO so there them remains outstanding there will tunisia comparatively small mill amount or of a gl I 1 bior the opera I 1 lions bloos under ibis call lois bo been we CODI and there will bo be so ao difficulty to lo handling them the brilliant operations or of secretory secretary wisdom redound highly to tho credit ol 01 iho administration although the bua loeu or of liall country wait u 0 so o great and the ibo or be Tion kUry so ao frOld that bt the scheme to carry right along the credit of cooc coce elrio lri at f ucb such a plan sod aal sulking at t tho the ight moment U ao leu triumph for the 0 secretary ila la the h lif illation a mo mora 1 timid 1 who 1160 would havo have considered himself helpless but I 1 mr air windom alo lom boldly ventured upon a con couric so which blob hu been by eoina as on constitutional rod and a usurpation of log leg authority put but bit lit complete compile ana ample Is IB found la in the emphatic endorsement tho the men of 0 the country lem given blin kod bud the benefaction of the country IQ fa befog paved minions tar in in should be ba as high as big condemnation would hero been bm n great in the event or a failure of bit another thing the bonds ital by the ibo secretary are not ekl codil for a or of time but bui may bo be called in ID nod paid ol at the convenience artlas treasury and cata redeem about from time limo to time at pur par ir if they hid acco by congress new bonds bonda would here hrco area issued la in their place and a definite time lime fixed tor for which blob they hey would run accordingly ir if at any time line the LIm meary had bid wished to lo byul livi ll 11 have hare had bad to lo go into the market and buy theta them at ai a premium if congress at its ff next dext esica ahall have the good sense to let the financial situation ml ose and let the whole matter mat act wh choro am mr IT windom has boa placed it allio the country will lo 10 mitered arid od the ibo I 1 proper and traditional policy or of the government ot of paying off its debt in its it own time and way I 1 cos proceed untrammeled and on IL tho 0 best possible terms the situation is in ia good hands tied hod should lo be left there |