Show STill AI OTH R I W WASHINGTON April Apri 20 Another Another emergency currency measure which w will have hayo tho the support of the tho Republican membership m in I the house has tins been drafted after a conference of house bouso lea leaders eader and may ma mabo bo be introduced today It I vas wis framed 1 by Representative Vreeland of N New fW w York The now bill bi eliminates practical practically tho bond von secured circulation authorized authorize in the Aldrich bill bi and in Mr lr Vreeland Vree- Vree land s 's f first bill bil It I does not mention bonds government o state municipal or county in express terms In a wa way v it authorizes an asset emergency emergency emer emer- I gency currency It I provides pro for the formation form of f clearing dearing house associations ons with of each as or originally proposed It I fixes the I amount of c emergency circulation to be issued at to bh bo taxed at atthe atthe attle I the tle rate rato of 1 per cent tho the first month of 19 increasing to 2 per cent tho tb second month and amI upward until the tax shill shall shul bo he at the tho rate of 30 0 per cent I Tho The bill bi provides that this emergency currency shall bo be based upon securities held bel b bj by tho the banks commercial paper papel I bonds etc V A commission to devise deise a permanent plan of banking and currency is one of the features of the measure I V |