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Show IBjW. U.Telegrii.li.J AtKIAXCIAL SCIIEMF. Washington, lo. llou. Freeman Clark wni introduce in the house a bill to provide a currency lor coin and va per of lejal and uniform valu-1 throughout! through-out! 1'nited Sutcs. Hi; former porrior. as an old member of the wavs an 1 ituau-. comniittet; and ex coioii-iroiir coioii-iroiir ol the eiirrec y, shx.- to his project pro-ject .vitiit1 value. The following' arc section- -t' i he bill: I st provides lh-: redc'-anion iu c-iu oi le-al teud.r U'jics alter thiity days nutu-e, wi:h tho prodiLe that (ii--v eo l-e re-' i-suci. i!u I tiiat the uaiioual LnL; shiii rcde-'ai their notes iu Nw York at jut. ia lawful money; .:rd the cation ii tjuk: !ul! continue to hold their legal rererved fund in addition to. the coiu on hand. t:;I SspL !', 17'. ziiT h;-:;i. such rtsorre shi:i UiueJ: -ith naie.ajl i-ank.- are auiLon:cd to ho.d shnv in a rational bank to be autiioruoi it: Now Vorkt iheaiiiouut cu'o per cent of the w-plul stevk of ' ;o s-.rig. azid to ap- Tiz: it:.:: lzi. a ixecLj aiS.2t: .h rja;::-i,al bj-i.; shall i.e eienint trom taxiuon ex-:;pt th:3 rcdeeniog bank: coin shail he sold by the treasury when ii shall reduce th coin balanct r-e:ow a hundred miUion, untii the ;ime fired, for r-d minf the legal ten-. irr Crh am ; haii h paid in cola. ! |