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Show SIliYRK QUESTION." I The American Hankers Resume Their Ktitlon mil IHtcaii the Mailer. a nun or sr. john or mw YORK, Canadian lltnk Sole l'lrculllon.-Ta Abull.li the "IK)! of (Irscr." Br Tt errtra le tM lfiwa.1 iMAjiiirn. Amttltae Hanksea Intents Ilia Alltse tiie.li.n, nr. Ngw Oblkani, Not. 12. Tbe American IlKMkera Association resumed re-sumed Its strailoit today, and the sllvor queilion liktt Hie right ol wt from tho start, W. I'.BLJohnof Now York ma I tho following iiropoeHlon. Cease buy-Ing buy-Ing silver bullion anil rrtlero (li Untied Blatcs coinage system founded with the nilntlnnv2,aiul only abrogated abro-gated In 1HT3, that It, reopen the mints toiquallyuureslrlclrd coinage for gold and sllverns Ihe best method to allow the nnrti of gold anJ silver to receive Iigal tender notes at coin value, Instead In-stead of coin at thtlr 01 lion, the nolo to Ixi redeemed In either ooluatthe Treasury at tlielr option, tut the Hoc rilary to redeem In bullion at not lets than rain value thereof on the request of noteholders; n moderate coinage to I prcerrlt'ed; all the remainder ta lie coined or not at the Hecrebsry's dlscre-tlonj dlscre-tlonj all gold and sliver bullion an J coin molting to he held as dollar for dollar rnelsllin reserve for notes outstanding; out-standing; all Treasury notceof the act of IfiOi, end gold ant) silver certificates, when trcelved, to t re placed by the prctust-d new notes, secured se-cured as provided and redeemable aa prescribed; tha rreeldenlof the United Htelca to be required to proclaim our Aioftlon of tha Koropcau coinage ratio for gold anil silver when noutl-nenul noutl-nenul Europe reopens her banks to silver, our mints Ihcreupou buying up oursllrerdollara then outstanding, at a icmlum of Ibree rente each, and replacing litem wish, tllverdollare con taining ton grelne of pule ellver by audi a provision of our statutes, ami we astute Kutoi agaluil tbo lllght of our silver doliara for rccoluego at tlirlr roluta and atturo ourselves azslutttuoli a contraction of our current cur-rent monvy whenever Kuropo reojvns lirrmlnlaorallTrr. HI. John dismisses tbo alleged Impending-avalaucho of European sliver with statistics of tbo floanolal oondl-tbaof oondl-tbaof all Ilia European natlona lu detail, de-tail, showing Ibat they nd tbtir preeent allrer money In every caee. Jlle proiKtttlon conUmnUlea Iba r-futal r-futal of Kiild for leRat tender note and tbelr redemption In allrer only, If ever tbekfcretary of the treaeury auepecta a flood orforelKU allrer for our irulJ. ix ormmos to scxatuh iiikii-mam'ii iiikii-mam'ii Sronounced attitude aa toillrer money, U JobniiuottM Knftland'aprearntflnt l.orj of tba Treauiry, aupnorted by tbe eminent Prufteeore ofioliical ecouomy ofoxloru, Cambridge, lMlnburtf and J.lpgo uulrenltlee. Lirelye farora nur adoption of free coinage "at all uiurdt, beiaute In the arent of a iwilble falluro, l!uroj will be a greater unVrcr than America. Tbelliltlib fluaace wcreUry of India In-dia recontly recommended free ooloace for tbe United riutea Independently. aaeurlni-IU aucceM, and urKlDK tbai 'no nation of tbe world waa more lu-diiwudrntoftbe lu-diiwudrntoftbe foreliiner.1' riiettatUilcafurnlibod by tbe lute Hecretiitr Wludomtend to coiiflrin In-dli'a In-dli'a finance secretary. HI. John furnlbel lUtlitlca of the production, conaumptlou and coinage of aller, tbowln-ftho reent annual abwrptlon oiceedlujc the preaent annual production, and that the treasury would tie unable to continue ottalnlui tbe amount now required br law at tbe maximum price preecrlbej: hence tlut tbe act of 1411 will gradual. lyiiutlrroirulatlyadTincethe price to tt for 371 gralni. Therefore MILK COINAdU, by filing that a tbe minimum price at once, and thereby eetablUblnir an even eicbange between tbe far Ktit and lluroir, will icreatly enlarta t'hlna'a and lndla'aabaorptfonot allrer annu. ally. Inconwiuencefrreoolueirewlll illmlnlib tbe annual allrer addition to our currency, oomparvd with that addition ad-dition under our prceent Jaw, and no-ceHltate no-ceHltate material Increaie In the world'a production of allrer to meet the deman J of traja for money. ATTIIKOONOMUIUX of HI. John'a iper John J. Knox took tbe floor and aaldtbat he fully agreed with Ht. John luaomeot hUremirka. After citing rettaln facta, and glrlug flituni. husald that Mine time ago the Mulian dollar waa In be found lu nearly every bank In tlili country, but tuliy where were tbne colo7 rimy had Utu aent back to Mexico In pay. will for gooda, being ane ted at (heir fare raluo leuHraniporlallontaMexlui. Why waa lhl? liccauio tlm llexlcani have tbe ailranlaxe of frei coinage. Wehaveadollarwblcbwlll notbuac-lepted notbuac-lepted lu Mexico for Ita faco value, and yet tbla t-ountry ha n credit wlilc lile uniurpaued by any In tho worlJ. HU John replied that II waaaiule-taken waaaiule-taken ldia to coinpHre tbo United HUtta with Mixlcc, Uuallof thelatter'a tiroducta wiru beneath tbe aoll and, thcujch abo need not coin n cent, all her gold and ailvi r would naturally gu away from her, while lu tbe United Hlutte all tho producta were above g roll ml. Johnston of nirmlngham expreebed latlefuctlon with HI. Johh'a Hand lu farorof n fair currency, lie aald tlut It waa n race lietwmm tho white initnl and tli colored routal, and lie did not want to aee tbe ceiored metal put ahead of the white metal. 11 nn-nouueed nn-nouueed hlmeelf lu favor of reciprocity, reciproc-ity, and ngalmt artificial lawa which adiutlteJ ouo produit and exoludud anotber, William C Cornwellof HuOaId read a paper ou "OANAIIUM OiNIC KOTBGIIIOULA. T10.V," I rontraitlng their ayeteni Willi oure a" The (.'nnaOUm arileui, he aaya, laoue of the biat In the world. It alvei Canmla a olrnilatlrg medium fully meeting all requirement!, Inth at t? elattlclty aud afetr. No hank ran Imiio nolea with leee than $iV),OK) paid up capital. The notee are a flrtt lien upon all tin n-eetaot tho tank; the ilockboldera are doubly liable, nnd there la. In addition, a guaranti fund, contributed lo by all the Utiln. In lull f. every dollar ol the Canadian lunla haenver 9on nn average, and J1 at Hie lowed, In ercutlty baok of II. The American currency lyrtam 1- In-adeuate. In-adeuate. un-atlefeetory and danger-due, danger-due, and the ajieaker thought the Canadian eyalern tine of the let extant. Tabic for fear of stringency are unknown un-known Ibere, aa It hat never Ueu neerAry to Iteue injre than about elxlypercent.of tbe nolea aiitborlted by law. Mr. Vau Rllck of Albiny nUVred n reaolullon looking lo the furmulatlo ii by the executive council of a bill lo be furulebeil each Utate amuxlatlon for fireaentatloii lo the legislature, aboil h. ng or making uniforui'Maya of grace." lie thought the country had nutllreil the "grnre" ayileiu. The rraolutloii waa reierred. Hlchard if. Nelaon of Helma, Ark., waa electj I president of the aiaoclatloti and John Jay Knox flrtt vloe president. presi-dent. After the usual resolution tho conrcntlou adjourned. Dtiaaails Hie I lenl.lnn r JeMltll Uaukera l"rom I ranee. l'ARia, Nar, II. In tbe depullot today to-day I.aur accuse! llourler, Minister of J-'Inance, of auhjectlng Krencb Auancea to the control of JewWi flnanclera. Iturlhau demanded Ihn exjailtlonof tbo Jewlth bankvra fruni I'rance. Jtourler, rri lying, decllued lo hold any dltcutelun on such a proreltion aa lint made by 1-aur In regard lo Ibe Jews. Tbo country's flnancis, Itourler declared, weru mauageil with Uie gnatest prudence. The motlou of l,aur was dlsmltiivil 4)1 to K. |
