| Show Ml IttllVMIi ASSOCIA I ION rLM Hi Jules of lluw I u rurrriic7 letter Mimill he JIII Inillnapolls Ind Jan ittiTile fol owing statement wan pretan ht i I pre ard for the Stm or New by Yold i Aletchants > rirnt The legal l l tender I note I com lonly called the greenback ihould IM ctlreil by the use of the inoney In the tiersury and by the tl Issueof long time I IIV interentbettring bondis i j3J i Bullion heretofore held fes a bassist for I I ensury notes will by tills retirement become rtrement available as additional securi ty for sliver certificates stilt out rtncll sti standing I Second Notional banks should be allowed to purchase thoe bonds and Use them nl par na the Jjasls for Ind ulatlnc nolcno notes to be Issued for fu Ions denomination than11110 The fee ture of tile present low nr lil to tile tax on circulation and the G Jr cent ledemptlon funds to remln unchangeti ocept that th tax be lu unchlne1 one tl of an tier rent svildc will be am Ile to provide for tire e34uetvues of the allies of comptoller of this currency Third All nallontl blinks hlll I IK redoemniT required to redeem their otet their own counters nt the trasurv of the United stales or any sujilreasuiy in gold coin or 1 deposit for the five Per cent ndemptlon fund shall be In fold coin i Fourlh National banks hal bo I al lowed to establish branches In any Part I ot the country Ily mon 01 these branclues the surplus money now In money centers can be utilized for the moIn ot erolo and the proocu ton ot general burineps The system Ili s been thoroughly tried for many mrs by the Canadian bank and In very mal town i In th Dominion by men ot theme branches the Rome fnanclal advantages are enjoved by he bUlns mn i of theIocalltv as bye the citizens ot by-e large cities Dy thU means also merchants and other bor lwer In the Interior qre onabled to discount their taper nthc ne Instead ot being obliged as at present In the United States to Fend i to money Con term rind ell through note 1rokerm This system ot branch banks will Inevitably In-evitably cause specific reduction and end to the equalization of the rate or Interest throughout thv country and this Is the identifies onwr to the de strands ot Iho South an Wet for moro currency I will 010 furnish luclts for horrowln money on mortgages or otherwise and will bring the borrower and lender together ot the borrowers I home Signed Alvah Trowbrldne vice resident National bank of North Amr Ira I James JlcOeery of James Ille I leery Co Rich a rd J Cross of Morton miss Co Uljsls D rds3 or Flint Hddy Co James H Dill ot Dill Seymour e Kellogg delegation York of the Merchants association ot New RFN TE Washington Jan 6A the opening of the Senate today Mr Halo Maine presented the report of the conferees on the urgent deficiency appropriation bill and tire report was agreed t Mr Chandler or New Hamsphirc se cud the adoption ot a resolution callIng call-ing upon the attorney general for 1 report as to whether there have bn recent violations ot the Constitution I Ili Lulllna by the exclusion from serVice ser-Vice on juries I the United States ot color duly qulted citizens on ncount ot Upon motion at 11r Vest ot Missouri the Senate took up the Teller msolu ton The debate was opened by Mr Tell r ot Colorado the author of thi revolution He said he would permit no mn to excl him In honor or good rulh I would do nolhlng he said Hint would being about such a condition ot affairs as would be disgraceful whatever what-ever the opinion of the Senator from Massachusetts Mr Hoar may be of my opInions or convictions The Mssa chusetts senator tried to make It ap pear that my position was on a parallel ot the dollar piece with a copper cent The proposition I do not advance and do not think It would find much auppor In this or any other legislative 111OUS1 Wlhlnton Jan Wlhout any preliminary business the House today went Into committee of the whole and resumed consideration ot the Indian appropriation bill The pending amendment amend-ment won that to strike out the appro pro ton for the Carlisle Indian school Mr Sherman mp New York In charge ot the bill defended the work o te ot the Carlslo notice I 11 hlcb he Paid Hd was the grntt Industrial school In I tho countrY Hverylhlns was laugh thr which was ncr to make the Indians effsupportlne cltUeiv anywhere In the worM His observa ton was thnt the best Indian schools were those which were not on the res enntlons He said the Carlisle football eleven had placed IOOO In the treasury ot that college during th past season |
