Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-01-05
The n,Iver Qnessisn.

THE rilver Questien.
NEw York. Jan. 5.-The TribHas says q
meeting Of the Presidents Of leading banks
has been called for this afternoon to ar
range for concert Of action regarding fu-
turs loans. The fear Of the passage Of the
silver bill by q two-thirds vote has aroused
bankers. and the intention is 10 have
united action. to make no future loans 81.
ospt on . gold basis. Several banks and
banking houses have already taken the ini-
tiative and decline loans to BE- paid In
currency. except to regular depositors.
Among these arc the First National Bank.
American Exchange Bank. and the bank
ing house Of winslow. Lanier 4 Co. A
prominent banker. who Is heartily In
favor Of the proposed plan, said yes
terday that no good results could be
looked for without concerted action.
II . few banks require . gold
basis without the hearty corporation OF
tho other banks. there would be . tendency
10 Concentrate all tho business OF loans In
the hands Of other monied institutions.
To prevent this difficulty. and TO mako use
20 a.. o,iv .pro remedy npainst the flood
y, He .h,ch wonIJ toIIov Tho passage
=, ~ Man. lii anil i'm Inc end wouId
Js.sro. ,ha vsIna ~ uovornment securi.
~. Ia Innr loan. ,his meetinr of The
a." - ,bs issJino money Ioaninr insti.
...tea. ~ 49, c.iisd to sct Together I'm
,Ss nre.ent emergency II a gold basis il
agreed 10 here. great confidence is eK-
pressed that similar aruon VIII 20 p,v,nPt
" .Aken gy oanAs M pVs'on' m."s. ra..
nOs ,]nciinsd 10 discuss ,Le proposed meet
inn Yesterday, but they all agreed that tho
time for decisive steps had arrived. Presl.
dent Winston =, .ne hIa .hdro.s ~ tho
r,nspc. COMMITTEE. in which lie takes
.,rong ground In ,ayor Of making the gold
1890 sI,a hasis Of ali fnture loans, in
asJar ~ ssve tho miIlions OF bond and
real estate asset, OF the ompany from boz
In, n.id beresfter In n depreciated coin
currency, should the Bland bill become .
law. A member OF the Syndicate stated
Ant mn 10 Yesterday he had some hope that
tbe bland bill would bc defeated. but
when he learned how Judge Davis. Of I'LL
nois. had besn manufacturing public sem
tlment 10 bolster him up on the silver
ousstion, and how vigorously Senator
jones WAS working, sacrificing everything
In favor Of the bill. lie had given up all
hope. lie expressed the opinion that the
money.losning institutions could only save
.n n,Iiws h%s,monionsly together on 4 gold
basis for loans.
n.,L.r, In Council.
Nrv yony. Jan. Sat the meeting Of
h.nt President. nj the Clearing House to.
d.v ,be effect Of the silver bill now pend
inv in Coprres. wa. discussed, and rssolu-
H.. .,on,od ,.t,rrinu the matter TO 4
-.-,.,,,o. who .h,,I recommend suitable
eo,inn :" az sdionrned meoting Wedues.
.ana,t J,sn,,..ent.tiyes of twenty.four
49,. yer. nrrsent. The following reso.
,[,,.,an. v.rs Mao sIopteJ
- Thai In view az the bill now
n"" 4, con,res.. which
unuer '~.s, a. .rnorsoJs A.. e,istiny
oPo'e r..,am",ion 81 iscal tend.P
-. Iequ.l,us .nJ .t,.r he ,irst NJ
notes ~ B ,o.o -" .tin. siIv.r Joll,rs NJ
snuasy, .o"' i,rai s,snlsrd for ma nav.
- y ;, III ,I.h,s AMI measures Of com.
m en,.n onars,,on. In tho limited states.
mI.h ~ ~. ~ h.nL onIeer. IN seriously
nn ussyy or, az imnnrt,nt a change
,nlll. .,s,nI.,inv Medium will have mon
~ wv o,ie..A'"o hn.,n... anil nron
.ne esn",i,n,inns unjsr their
tne respce,,'o ns..,i.si ms.s,rs. n
cnaiso, snu .Io,,"a ,a nr".c,vc their ynri.
sny'e.a sram Ia .eriou. decline which
o Unn Innni,.,I. ,oIiow ,hc n.ssave az ina
s az ~ u.s.,. ~
Dill IN iu, thu, . amy NJ ,b,,e rcsolution.
\. i%mmcJi.tsly ,eleursphei TO The clearing