Rensselaer Republican, Volume 27, Number 12, Rensselaer, Jasper County, 15 November 1894 — THE NEW BOND ISSUE. [ARTICLE]

THE NEW BOND ISSUE.

President Cleveland has practically given instructions to Secretary Carlisle to place 1100,000.000 more United States bonds on the market, to secure gold for the treasury and strengthen the Government’s credit. When the news was first given out in Wall street, Saturday morning, there seemed to be reason to doubt its authenticity. It was confirmed beyond question of a doubt Monday morning. Secretary Carlisle has been opposed to another bond issue, lie docs not consider it necessary at least at present, to preserve tho Government’s credit. The President, however, thinks It absolutely essential to add $100,000,000 more to the gold supply in the treasury, and as on several former occasions Secretary Carlisle has promptly acquiesced in the President's policy. ■ Figures won’t lie, but give the figures to one who knows how to use them to advantage and he’ll do tho rest.