Rensselaer Republican, Volume 27, Number 13, Rensselaer, Jasper County, 22 November 1894 — THE NEW BONO ISSUE. [ARTICLE]

THE NEW BONO 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 tc another bond Issue. He does not consider It necessary at least at present, to preserve the Government's credit. The President, however, thinks it absolutely essential to add 1100,000.000 more to the gold supply in the treasury, and as on several former occasions Secretary Carlisle hat promptly acquiesced in the President'! policy. '