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Treasury Officials Pleased

Treasury Officials Pleased image
Parent Issue
Day
22
Month
February
Year
1895
Copyright
Public Domain
OCR Text

-Washington, Feb. SI. - News f rom New York is that the deniaud for the new bonda at London is so great that the syndiciite had withdrawn mpac of the allotment for sale In this country in order to supply the foreign bidders. The treasury officials heard this with much satisfaction. ïhey are espeoially pleased with the favor with which the loan was received in London, as it shows most conclusively the faitli ibroad in our iinaneial strength and purpose to pay all obligitions in gold. The good effect of the recent gold pureh;ise is already shown, it is asserted, in the upward tendency of American securities in London. Ttie dotermination to sell only a sinall proptrtion of tlu: bom! issue in this country would reduce the (langer of lurthi-r gold wilhdi-awals to a 111111iiuiim and quiel tlu-panicky leeling Xvhich has prevalled during tütt last sevaral niont-hs.

Article

Subjects
Ann Arbor Argus
Old News