Show PRESS IRESS RE PARAGRAPHS The papers are uc discussing tho the proposition proposition proposition of or a great central bank hank Now New Orleans Piray Picayune ne It un is going oin to b be no no ens easy casy matter cr to get ct u n new currency currency cur cur- rency law Jaw through con congress but it is non none tho less certain that a D. radical change chanso fr from m the tho present system is needed as soon as-soon soon o n 3 as possible j Nc News s1 4 It It is not likely indeed it is hardly possible that possible that so f fundamental l a chall change chango o in our s system stem as ns would bo be brought about by tb the tho institution institution of a central bank can bo be enacted en on- acted next t winter winters nor for several sc winters win vin- thereafter Lyon Even among those who rho favor faor the tho principle of a central bank hank there is S so much diversity ty of opinion as to fa details that it were were vain ain to hope that thc they can be brou brought ht into a wor working working work work- l ing S agreement very cr soon Boston Transcript While Whilo there will willbe willbo be bo probably in case an effort i is wade made la e eto to establish a n central bank III in this country much appeal to the tho groundlings groundlings ground ground- round lings based upon prejudice and political cal considerations the tho real question with serious students of the tho subject will be whether ouch euch an an institution will acquire ire a 8 volume of first class business to pa pay par a dividend on its stock and to its existence e Chica Chicago o Record Herald At present presenta a largo majority of tb the American people peo pea pie fIe have not the least idea Concerning the hl advisability ad of establishing a cen central bank and would not if the they were requested to tell the tho difference between a central bank k and aDd un any ny other kind of hank be bo able to do ao go o. o It will bewell bewell be bo bowell well if the present di discussion shall enable them to get pet even a slight understanding un Un- of the matter Xa American The Thc American Ameri can people will naturally approach the central bank bauk with some somo degree of apprehension apprehension ap apprehension ap- ap due duo to our past experiences but th that t wo l have havo some lome lc legislation legisla tion enabling us os to use the facilities wo SG o. o possess in times tims of distress and to protect our our over ever expanding commercial interests durin during during- times of prosperity i is isa a a fact fact- that none none- Nt eri dt deny leny ny San There is no dispute among l the well informed as asto asto asto to what ought to be bc done There is if a avery avery very erf gravo grave grave- however whether r for a long lout time tunc wo can do it Wo We haVe ha got ot our ourselves a fix with our bond secured currency which it will bo be very cry hard to get et out out of If however bankers bank bank- ers cis th themselves will agree c. c the public could probably be he c educated into seeing and doing th the right thin thing which is is' to get et rid of our bond secured curr currency ncr taking care caTe to relio c th the banks of their 2 per coot cent bonds bends without J loss ss to them Pittsburg Dispatch t h There i is is just one way to place tho the expansion and contraction of the currency beyond ond the c control of u a central and arbitrary arbitrary- power That is to make it automatic b by enabling an any one ono or all of thousands thousands thou thou- sands of oC banks banks' to take out or circulating notes as n their business ina may demand It H is ii a part of the great good oo 1 fortune fortuno of this nation that a system 91 established nearly half halt a n century a ago which wInch has developed l thousands s of each ach retaining its ts own on autonomy autonomy au au- which fur furnish tho the basis for exactly s such uc-h uc an au autonomous currency cur cur- rency system I II Providence Pro Journal r oUT a That there re may y be he d disadvantages es in a central bank need not be he deputed It Jt has liw been s sni said aid that it might plan plait a dangerous tiou weapon capo capoin in tho the hands bands of J the interests already powerful powerful- that if we o escaped thi this di dis- dis wo we might see lice the bank bink in in tho the control of practical politicians who would I uc C it for fur partisan m ends Yet cannot thc these e two evils e be bo guarded against I Certainly the tho central centra banks in ill Trance and antI Gc Germany work smooth smoothly ly Iy and w vell j Denver cr Republican The The l currency problem for this country is is an American Ameri Amen can 11 problem anI and the tIie correctness of tho the solution will bo lf in in proportion to its fitness t to American conditions Sj Speak Speak- cak- cak or Cannon is jq a n trim man of of great common sense Hi Hi suggestion c tion that a more ex Ox extension extension tension nf of the pre present lIt law laws with perhaps per per- haps linus s a i few amendments in iii detail will sut o M-o is the best which has hu been wade made |