| Show washington LETTER washington may 1 1893 money la is at all times an interesting subject to eve everybody and owing to circumstances with which the reading world li l 1 i already familiar some figur figures els which have been in possession af f the treasury department for several weeks but which have just been made publio public are doubly int these figures ap an pear to show that financial ancial supremacy as well as empire is moving westward weetia rd notwithstanding the general belter tuat that new york city is the center of nuance finance of the american con continent tineL according to these figures which give tue holdings of gold by all the national banks it is chicago nod not now new york which is the real fynaut financial lahcen center these figures are in official reports made to the comptroller JIM in currency by every national bauk bank of if the united states showing how much gold each of them has bass land and of course dos do din s not include the gold held by andt visuals and private banks which IT as ascertainable might change the ia baoe of the matter materially the figures figurea snow show that the national banks of new 1 york have only in gold while those of chicago have land and that those of the entire eastern states have only a total atals in round numbers of against a total in the western states ot of there them can be no doubt that the pois session of these figures had great influence in 1144 causing the administration to ignore the suggestions of new york banker as to what should be done to inore aae the gold in the tre treasury ioury it did not regard the new yorkers as being in a position to help largely even if so go dispo disposed Bed and therefore uld did not consider their suggestions valuable there Is however another side aide of this quee question tion visible to those who are carefully studying the situation ac cording to these figures all the nation al banks together have only of gold while the treasury now has haft about now where is the remainder of the in gold that financial experts estimate to be in the united Sta tet is a question easier asked than answered and go 0 o long as it remains unanswered neither now new york nor chicago the east nor the west can lay jay undisputed claim to financial supremacy the whereabouts or this enormous and at present unaccounted for sum of gold may y play a very important part in the future financial policy of the kiminis toa tra tion tiou at present the situation is comparatively easy the treasury hav suit about in iree ree goldt gold that bat loveland lov over erand and above the reserve tu fund nd wb which ich it recently temporarily impaired to the tb extent of about and which ts it will again use whenever the necea my arise with offers of gold attili freely ly coming in from national banata but supposing it gets all of the hold held by the national banks and that the demand for gold still con coc and that the unaccounted for sold fold remains boarded up somewhere what then it Is ie the openly avowed intention of the thead mii to make use of the present financial condition to convince Von congress gress that the sherman sliver silver law must be repealed but if senator stewart of nevada be correct in his bis estimate jt it will not succeed he says ays he has bag made a careful canvass of the present senate and that not more than tweety senators will under r any circumstances vote for the unconditional dit ional tonal repeal of the sherman silver law it is known however that president cleveland entertains a very different opinion time will tell as it must most things which of them is al ht e of the president and mot of the members of his cabi et during the last few days daya ita it A five of the government departments in charge of bold over republican that thai fob aroused a great deal of bad blood among the democratic office seekers here and for the birtt time they in in open and public criticism of the administration for its ite tardiness in replacing placing the prominent republican officials assistant secretaries etc with democrats the now new commissioner of pensions go on duty this week and there Is ie no ena fid of speculation as to how he will fun the e those who arci ans best beat acquainted with judge lochren Li chren say that he is a very conservative man ond that he will probably gu go slow in making uny udy radical chan changes gem although he bw will wiil correct any that he may existing and moreover that he be will hunt for abuses the investigation of the weather bureau to is still going on among the witnessed witness ei eq heard saturday owns being ex secretary buck and one t if f the civil service commis commissioners elot erf j it no to look as though tle the investigation were being used by rival officials of the bureau to pay off old personal cores against each other and that the aulta would not be important |
