Show WILL REVIVE OLD Proposition to Provide One Clearing ClearingHouse ClearingHouse ClearingHouse House State by Con Congressional Congressional Congressional gressional Action New York Nov No 30 It is announced that shortly after congress opens next week Senator Thomas C Platt will In Introduce Introduce introduce In the senate a bill providing for the national Incorporation of clear clearing clearing ing lug houses The bill is similar to those which failed of passage in 1896 and 1902 It will provide that one clearing house houseIn h use useIn In each state shall shaU have the power to issue currency to Its members and shall maintain a reserve equal to that required of national banks The pass passage passage passage age of or this bill it Is said will give congressional sanction sancti n to the plan of Issuing clearing house certificates which has been In operation since the recent financial stringency began |