Show NATIONAL BANK securities I 1 in ft a general souse tile ih f banks ba n ks limo halo thus tar far been a gom gaud thi tiling ng the nation owed a vast debt and mas forced to pay a tremendous interest annually tiro thu national limiting banking laws provided bled that hint men lucia or companies might by depositing a certain amount of 0 in the treasury receive an issue of 0 ninety per coat of that amount la ia haul bank notes noted the government guaranteeing the issue this tab arrangement has worked with perfect fla success cems it he ha secured uniformity la in the circulating me daum of the country tile tho guarantee gu grantee has ha given a censo bonse of security most moat happy to business men alj effect has baa been to retain in this country tm tens of at millions millica it 9 of dollars which otherwise cold time baio been sent to the lir strong boxes across the sea anil and the iho government has cleared by this arrangement such sums barns as the taxes mm let in led upon the batala have hare to at the same timo time they have ceceli receded ed from three to a larger percentage on ninety per cent leo iola their taxes hies of 0 the money on en which they founded their business busin and have still Etl llin in effect thad had the money to carry their business busine qs along of course the banks which have bought bonds bohla since sinca the I 1 bonds have hare commanded so 0 o heavy litin y a I 1 premium have bavo rot not ratio so much money tut but they have dono done pretty well the other side to the question i Is that the bankers ba ulcers ilo do not want the bonds paid but ilc do sire elro that the regular la III tho the form aroi of r interest upon the bonds shall be levied upon tile the perpetually this ibis we suspect was vas at tho the bottom of the dolo deboue olle ot of silver la fit 1873 it began to bo be clear that as tile the tide was turning the debt would be paid within twenty years from that late into anil and tho the desperate remedy leaor resorted ted to with vaa to 90 the wang power ot money by reducing its ita quantity aan lity that it would be afi much as the people could bear to pay the interest wt we hue bile al right to charge the calamity to silver to this source for or ill all tile oaldo U elicited since confirm that supposition every eastern national Kat ional banker who has beca able to to bring nay any influence to bear has been la tits his advocacy adro cacy of an honest dollar and ties amer failed ailed to assure the people that national hanks banks are una nixed blessings to tile people now there Is a general cry till nil along the line that in A little willie tile tho country will be by b J surplus revenue imd and wo we suspect qa this try cry co cornea me 9 front tho the doing class the credi creditor bif class claes Il which liell want to draw onto at interest and py pay no taxes on their capital the present Coulp comptroller of the treasury la Is one ol of tidd this class lie wants elisor ignored wanta everything Overy thing placed on oa a gold bruil it wants taxes ro duni d so 1111 that tho the money received will barely liay alie interest on 03 the beadi ait tho ex I 1 I 1 1 pen of the got c and thus make maho allo it I 1 0 interest bearing debt practically we bullero in national banks but wo we believe at tho the maio battle hot aheu a government Goern ment bond ig worth a pre prem allum luiu to the holder it la is ni at tile tho battle time worth takfur up 01 on at 1 n I premium it tho the lias boa the money to SPUR for M that purpose we believe that it eminent would iams isms chart cra to to national Not loual books on A lie 10 posit 0 of greenbacks green backs or silver barschat har bars filliat that the advantage ot of having tho the guaran tes 60 ot of the babina their issue would indwell us its many national to thi hc conditions AS would donld tn be um cigary and thea the book oum cecilt ta W plot to wag hound bucl a money as would cripple the basin ess ot of the cou country nEry tho toady eally then should be to re deluco laco the debt suit aud to 0 o kepp keep no abnormal amount of money fit ill tile it Trea to alio llio A hafics 0 gross asino something obus elm should be 10 substituted which to obtain the he government guarantee without compelling the pomplo to pay tor for ali tile privilege of 0 gli gling ing tits alio guaran guarantor tev toi for tile alio government after all to Is but tile tho people at the same time tho the gov GOT froment Is taking up tho the three per cent cant bootie bonds too fast the four anil and four our and a bal bulc percent per ceat bonds aro are quoted dally daily the amoust of wild them KM gold in latlip tile aggregate yearly la IS tory pry great end ml those thie thi e tho Goern mont I 1 should purchase as aft ua no they ihry are Off offered ej hail had tho the business been berun begun live years ago millions millIon ot choln would hino hello been absorbed by chiq time unit and a like amount of oc three per cuts cents would hare fare subject to call they aro at a 0 premium ot or 25 per cont cent they have some eighteen years to rull nin it Is better to lo pay 23 25 per percent cent now then than forror lour or tour four and a halt per annum tor for Olgh years yeara to come it if they bro are worth a 25 por per cent premium loba to bankers aLors and capitalists may are worth that to tho the government fin ally about the first cret business of 0 con can gross groa should bo be to eroildo do national banks hankton on some other babis than tho the disposal 0 of national Kat local bonda such a law would mould of itself reduce tile premium on tile tho bonds |