Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1842-04-01
Mr.. POPES' FISCAL AND CURREN
CT PLAN.

public are considering our sage Presl-
dents device It may not be amIss to
exhibit the workings Of other minds on
this great theme.
The Hon, Mr. Pope, Of Kentucky, has
at least the me,il OF having given much
attention to this subject. and on be Is h
ull. submitted 10 the House of Repre-
senla'ves the following resoIu ions:
ReSoived, That 10 the present condi-
| ion Of the country, it is tho duly Of
Congress to devise and adopt The most
| efficient measures TO restore confidence
and credit, secure The people against a
Deprecated paper money, give TO the
nation a sound and uniform currency,
and as plenty Of it as practicable, haV-
ing due regard to The constitutional stan
dard of value, gold and silver.
TherJo,e, Reso'rfd, That a se4e y
committee Of members be ap
pointed, With instructions tOinquire into
The eXpediency OF authorizing The issue
of three per cent. stock to the amount
Of one hundred millions Of dollars, ire
deematIe, except by purchase. Until the
expiration Of forty years. to be divided
and transferred TO the. several States in
nroror,;on ,o ,hci, Eado,oI ,oD,Io,;o,
10 be applied by The States to internal
imoroyemon,e and Tho navmen,ordob,s
,rcn,,ed for ,,,,.nol i,,,ro,,a,,o,,. &,
for the nayroo, NJ ,he ;n,a,oet and
nrincpaI ,C ,ba e,oct .,ha nr,ccods oC
inc mn h,,c., .,o,Is - ma So, o,,,, orJ ,Jod.
ord instead ~ .Lo;a, d;-,.,hn,aI =, MO
v,dad ro, :, Tho l.nI III, nnn,on.4 -,
the 4,h d,, or 4,,,o,,han .iqti
Rssol,gJ Th., ,ha sa,t onn,o,i,,oo
;ro,,,o ,,,o ,h,, a..aI;oaa, r. a,.,t...:
,,n, an issre 'ort,Ga s,ooL me-, a,,aaJ
ina, ,ho .,o, or ,;rI;.. - A.,
hrs to ha en,lio1 ,o tho nn,oba.o -
o,no,ni,y nr ,ha nao nr s,,oh aaA,:a
IoI,s owned bv S,a,ea or co,no,a,,ons -
bo,h as r,,, r., oooo,.,,, n,J a.aa..
Io,Ibe Iraosoo,,a,ioo or,bo nnh,;n o,p;,,
s,o,es ar,s and rri,i,,rn nn,nosna -
tho TInt,ad S,o,oo o,d ,ho,
cen, of the pr,caods of.,ho. pos, az; ;oo
Dcna,tnpn, hn so,.oo,,tand n]od,od f.,
the ravmpn, or the ;,rorey,us,l n,;nc;
nol Of saii srork
ResoIrqJ, That tho s,;d corc,i,,ea
iponire into the evn.dien,v or ornoos
inc an amendment, ~ the Fe laraI Con.
s,iru,ion. nrcviding that M S,a,s shall
in time oc neace. coorroc, o,v Jaht o.
debrs bv loan or o,bnrwioo evcaadion
the sum ,or dollars over md a
bove The annual reyanpe or such State
Res irfd. That the said committee
also lnop,re intoprhe txpedieucv Of ere
arng n NATIONAL Bank. with a capiral
no, less han siy,y nor more ap,ieb,v
miIions Of doI,prs, one fourth Of Ieos,
TO be paid in sppcjp. and the ba}ance in
stock Of the Uni'ed States, to be- issued
10 conformity to tho foregoing reso'n-
trons, exclusive of what may be subscrl.
bed by the United States; one-f.th part
Of the, capital stock Of the Bank to- he
subscribed bylhe United States, and the
residue by the several States and Amer
lean citizens. one half at least to be re-
served to the States: the parent hank or
board of control to bo located at Wash
ipo,on ci,y. with branches.in the States,
until Otherwise provided by law: each
State. besides its shnre in The general
control of the institution, 10 have the
apDointment Of at least one director of
each Bank placed within its limits; the
dividends Of said Bank above six Der
cent, Of The capital stock to be added ia
l to the funds pledped for the redpmD
hicn oGlhe stock authorized BY the fore
ouinp resolutions
Resolved That he said committee re
mr., nm Tho matters aforesaid bv bill or
otherwise.
Tho c,uow;ro :, On sv,r,,, of Int
-. 9o 1o,oJ pn,,do E"hrma,u 90 1919
r,o'o nao,lcmao Of hiah resn, c,ab,,i,y
onJ ,,oHd,n, IN reIalion 20 GovernoI
pnna,s m rssoin,ions concerning the cur
,o., and Goaocas ortbe coun,rv. S,o,t
nI,, In,ar,ol .Imrroyements and I