Show PROPOSED MONEY REFORM two ulua introduced by mr walker of 0 washington march elarch 27 representative walker of of M massachusetts today introduced trod two bius bills relating to banking and currency the first bill provides provider that hereafter ter no national bank shall be required to deposit bonds to secure circulation anti and circulating notes are to be issued up to the amount ot of the unimpaired capital of 0 the bank the same reserve is requited required for the circulating notes as for individual deposits the cash reserve shall hall be in spee specie le and at least one half of it in gold the specie shall be paid on demand under penalty of 34 24 per cent interest as damages during daring the timo time of refusal to so pay the other bill provides for tile the issue of of bonds under the act of january 19 ast 1st running from two to ten years ye arsand and drawing 2 per cent interest the proceeds ds arujo ire so be used in ill redeeming arid and cancelling outstanding g m united states legal tender notes treasury notes dotes and silver certificates the bill ainther authorizes the sale of silver bullion and fiher sit er dollars in the treasury it at market value valtie whenever they cannot be kept in circulation as money the proceeds ds of the salo sale of 0 silver shall reduce the issue of bonds to that chent |