Deseret Evening News | 1908-02-19 | Page 9 | Republican Issues

Chairman J of uC Currency Com or r tho House Honse Says SaH They Will u on oil Money Washington Feb 18 Tho feeling on tho Wo ix jt e J f leaders of tho house ns 19 Indicated In dispatches yesterday esterday that the tho nature of ot tho cur current currency rent rency bill which may bo passed nt al this session of will bo be In III a largo measure determinative of tho financial attitude to bo 1 0 by tho Republican Republican lican party part In Chicago next June was Willi given emphasis today lotiO by b Chairman of 01 the thi houto hou committee on banking and currency Tho campaign of 1896 he said was wa fought out on a n single Issue UK establishment of ot tho gold standard which means absolutely nothing ex except except so fILl far as It Is 18 a IL measure of ot value alue as related 1 to credits The of ot the tho campaign oC ot 1608 should be the practical application of oC the Ole theoretical vic victory tory of 1896 Tho people of or the United States State should now noli demand that the reserves m our banks bo be In gold coin amI clent clont In quantity Q to prove our credits and protect nil depositors Every cred creditor of a n bank should have havo tho option of oC having his credit on the books sub subject to check or in a current credit I of or tho bank bani redeemable in gold coin coinTo To 10 insure nil all depositors of ot banks that t their credits cr upon tho books or Ir curr rent credits arc redeemable In gold goldcoin goldcoin coin lot l Jt us deposit do In the treasury of or orthe the United States a guaranty fund of The option of a creditor cr of or ofa orIL a IL bank to have his credit upon u On tho books subject to a check cheok or In a cur current rent credit redeemable In gold will ill gho UR us a true truc credit currency which will adjust n Just Itself to conditions of trade never too t never too small ll The Tho guaranty fund In the treasury amounting to will prevent and stop atop awarding of ot money