| Show FROM THE CAPITAL A List or Interesting Subjects Telegraphed Tele-graphed From Wublogtou Yesterday SECRETARY WINDOW ON THE SILVER QUESTION The Railroad labor Problem JIaadlfd By Commlssloucr af Labor Wrljlit A FIRE FIENDS WORK IN VIENNA A Sow York > ewciafcr Editor Hedged In Dr 14M Charts DyTeltsraph to the blows WASII1M1TOV EWS Ceurrrolo l1onal nnks ceoFl WIndom floes III liraco Do ASIIIiGTOOJ April IS Senator III cock today Introduced a till pro Tiding that national banks may secure se-cure their circulation by deposits of government state railway and municipal mu-nicipal bonds of par market value and not In default of Interest for ten years poet the amount of circulation not to exceed 93 per cent of their market value except upon government govern-ment bonds upon which the face value may be Iued I aba lint mortgage mort-gage loans on Improved real estate f tl i at not exceeding 2 > 0 i er cent of the assessed value j properly guaranteed certificates of deposit of gold and diver coin or bullion storage War rants and warehouse receipts for pgiron cotton and ivheat inre sponsible companies insured in reliable I companies Tho percentage per-centage or circulation on thoe is not to exceed 75 per cent of lbs face value except incase in-case of gold and sliver The banks must make good any deficiency cauKU by shrinkage in valuts The circulating notes Issued are redeemable redeem-able in fifty ear 2 per cent govern mont bands The Secretary of Die Treasury shall set apart from the amount paid in previously by the s f1 YoYII National banks as n tax on their circulation and from the fund accumulated ac-cumulated from the notes destroyed i 20000000 as B guarantee fund for I the protection of bank depositor and an amount equal to onetenth of I per cent per annum upon deposits depos-its shall be paid into the treasury as an addition to tills fund the payment pay-ment to cease when the fund becomes be-comes large enough to provide the requilta protection and re imbursv the government for the original amount fet apart for the fund TilE lVSjTJIASTEHOfc < EKAI favors the House bill providing the < fifteen days annual leaeof absence of clerks and employes attached to the first and secondclass post olllccs after fxrvlce of one year but not In thlrdclas cfticrr lie tlmatrs that the additional cost is 193000 per ear Special Agent Whltthead at Suspension Sus-pension llridge JC Y has beets instructed in-structed in the ca < eoHbe Cblnun1D detained on Uie bridge to report the facts to the United States Dlitrlct Attorney and Collector Customs at Sui > ension Bridge for action under un-der the law rVSTOrUCH UV1UUMS Tlio House committee on l > Ot ofllcrs and postcrads today authorized author-ized n report to the JIou c In a modified form on the lilount bill to provide for the erection of pc tofllce bulldlngR As amended It authorizes author-izes tile PostmasterGeneral to con Crucial his discretion buildings at any places at which the gross receipt re-ceipt of the iwtofflce for the two yeses or more preceding should have excetdcd S3OJO or In country cats J25CM each year the rest of such bulHing not to exceed S 25030 In any cave hero the rectlptsaruto the amount of 23030 that entllfb tilt plice to a building 50000 in cost The tmasterGencniI b authorized to receive donations of ground as kites for the erection of uch building and when necessary neces-sary to purchase the ground the price not to exceed 3000 The bill appropriates for the fiscal year of IbOl S2000IXK Nearly 20000 places in thecountry beatlected bp the passage cf Oils bill IN EXECUTIVE SESSION The Senate In executive torsion JlspoMxlof theDolph ipecial committee com-mittee to find the leaks I by which the proceedings of executive nf Ions become I ubllc The report recited the failure of the inquiry to establish the complicity cf any one with the newspaper men and recommended re-commended that the latter be cited before the Senate to be de31t with contempt The report was discussed dis-cussed nearly four hour and at Ihe close the recommendation of the committee were rejected by a vote of 35 to 23 ThIs It Is Hip posed ends the latest farce In con nrotion with the executive Mfolou of the Senate WINDOJI STATEJ ot NT VAHII > OTO > April ISThe Senate republican sliver committee held a meeting this morning at which Secretary WIn < lom said the reason for his advocaUng Uie re demjitlou in bullion 01 the certificates certifi-cates Issued for the purchase of bul lion was that It would make the certificates mom valuable Tore 2uire their redemption in silver dollars would be in hU opinion to lUrndit them while to require their redemption in gold coin might seriously embarrass government He Insisted that there are only two ways in which the credit of the g eminent can be protected in the issue of the large number tnas ury note contemplated is by bullion redemption as proposed in his bill and the other authorizing the sale of lids to provide a gold reserve where it becumea necessary to redeem them The latter lollry he believed was wholly UXMCESSABVAXDUXJCSnilAllLE and hence there was no other means of protection than the bullion redemption re-demption proposition I He caid ho j nthhroJl il1tl deemed this feature absolutely es tential In protecting the credit of the country and would feel it his duty to oppose any measure that gave the holder of Uie certificate an option on the currency In which it ehouId be redeemed After the Secretary hat given hits views upon the bill antI his basis for them adiscnstlon took place upon the subject sufficiency of circulation circula-tion iccreUry Wiudom bad stated to the committee that the total circulation cir-culation was 514260001030 I an average aver-age of 2170 per capita on a basis of 65000000 population Actually however the sum wax subjected to diminution by bonds tied up in various way reserves held for the redemption of notes etc co that the per capita amount of circulation was considerably less The Secretary Secre-tary agreed with the senators as be bad with the representatives that all addition to the circulation was necessary hut l In the conference today to-day co definite sum was named VTonlclnl SlaveD LoNDoy April IS SmlthH nio Uen In favor of a conference on Ll tnetalUm was rejected |
