The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-05-18
FINANCE AND COTTON.
FINANCIAL.


Ia ,uite A large number of national
lh'hsine chartered 10y the comptroller OF the
| knAs Notwithstanding the pending Crapo
eeEM,o xtend charters to national banks Wh Sc
bil w. will soon expire, large number OF the
Ss1onal banks are gong mo N3l mar! n9 uiua
u" giving up their present chart,rs ana feor-
pou' under the present law, with subsIan-
gam M, sanIe controlling members OF the as
uAlS n"s Nearly all these companies are To-
80 In the west and northwest Inc WORK Is
cav" la the office of the comptroller OF the cur
dohe "a Vim remarkab rapidly, and within about
iei'! iunr nuurs alter That oitloer receives the
N.antial details of new organization 'ie
esq., /, in transit to the corporators VI
thals thr comptroller is originally ADVISED OF
cousee,n,spd organization before the company
tne Pds iirrctl, IN take the legal steps required
mSow New designs and yigneltes, or PAL
IN, new utsiguS we're some ume ago prepared
uMI ua,y national bank notes, ana the en-
for wy I.tes made theretrOm are near com
g,o,o1 "a that the plate printing can be com
Pesu,Ica5 In the bureau of engraving ana printing
IN sbout len days Nlthln mouth wy NV
Its may be IN tne posSeSslOno Oh the new palRS.
my :; mite will be engraved wholly hom new
Ihy unon the faces as wei us the backs OF
Issia,rs The 81 note face Is In part from new
In.ifns. the back of the note is from entirely
ueu designs. The so note face is partially from
new designs, aud the back + enureiy new me
u uev Jrsi7ns are very beautiful and intended to
RN",nitr distinct in appearance from the old or
nresent national bank notes.
PyT"Ir nuusr committee on banking and cur
,.nry has adopted the repOrt recently prepared
~ I.s.r, DIuglry, Wcbbcr and llardenbergh
,,rropIpauy the bill providing for the retire
rent of silver certificates. tho voting III
tay0r of the majority report were MeSsrs. Crapo,
ninpley Mebbcr ilardenbergh, Moore ana cor.
aI lessrs smith and Brumm have D. epared
statemrut giving their view, on the subject,
and REPRESENTATIVE BuCkner has also prepared
sstaiement in which he is joined by Represent
stivo Eliu, ntrout. 1t Is understood that Repre-.
srnlstiye Flower will submit an individual
statement ON the subject Full abstracts OF The
ah,ye mentioned report, with toe exception OF
,bat prepared by Juc &c Buckner, have been
published heretofore.
PT, bjs statement Judge Buckner opposed
suspension OF the coinage OF SILVER on the
,noiud that il Is unjust To one OF the great INTEL
ests of the country. lie COnlenuS mat although
The reconciliation Of silver under the Jaw has
Ieen in the hands OF its eneml 5 yet none OF me
,yi : predicted from II have occurred; that goa
ms moi been baniShed from circulation ana VIII
moi be on account of silver coinage, as II Is me
Oultlly a d not the quality OF circulation thnt
bpe.attS to cxpe gold to foreign countries. lie
claims it is not true there is no popular uehlahd
for the silver dollar, ana asserts lhht IL IL eil-
nhatically the money oi the people.
fIe thinks this IS not the lime for Tho govern,
mett 10 change its legislation rs to silver. ana
he sees indications that EnglaSt ana Germany
will. IA brief period unite with the SILVER,
using nations of tue world IN an International
agreement fixing the rates between the two
metals.
On the first day of June. 1879 there were, in
tbe United states only s55S,5'l,6Sj IN specie
Thanks u the demonstration OF 81 YER III
November lst 1881, there were 500 ,OOnWO Even
now our paper currency IS III eAceSSol our
s,V s. ;oo no Of cola and silver From 1876 TO
tSsso ,ic value of orr gold product exceeded
that of our silver by over Il thousand million.
uOI,".t; pm,,I hsvn ayceeded our "inpOrts Nv
potS VI op ven,d ,,iilinns while we have pro.
J Jrc, ,,, e, mn 40 o0O Our net gain In specie
49, w. ~ 10 90 bean less ihnn tsN ID q
nri,,. issn and issl onr imports of specie ex.
luis l ~ ",'n hy slc7 m a 100 Atthis rate
''u our "a fiba or colo Of ne country. we are
OllereaSe III w. -, a lcorcitv If CURRENCY
noelEely 10 s.neL 't nirnniation consisted essen.
o;lsuian! ,i v'u ~, dnnnsit When Venica
uaIl! vi '" '',,, nopiu,n of Furope us mer.
"aS -. .,,rara,vinr the coins of all civilized
ny that il behoo6ves .tfiS. sava tSe trnmpIs
not on sight They are danaei,}ye coins.
drcn. val
~, pi,l..1 nigl
IV pLtNt'y was elec'ed delegate of East
'aS Engine company No, . TO the State
men convention, which convent ccfuI .lt;;
lham on June 10th oh case were giyen TO
the hobe,s cornus oosoesentalon OF which he
w ii"oeuS corpus case -
coa'u "lnn'"m ., NO. hns n Jewish penuy
carson eeht,' ,,i,,,, nf Trisn the Roman
colheu uuilnb NV ,S'e silver aho,it MS larrn
emperor II N iocn In, Contains haif
as eu IN lfivcr If is i'm n fnir
a. e,, H ~, nnrosnrVtinn The inscriptions Oh both
smW u, iivS'i Wv dilv made ont IL was Sc.
SiueS 9e'Is IuliY Nm "hnnt year $50 AntiGus
tnieu W w., ,d neal of money far II
nnlS Wuniu ht'V az, 80 Won do not Gni coins
, pnt ~ !.. ~ uo' i i' "vnr~ day
ri ri! ,ain'y cvnsnsus of the department OF
. ihc sun ! vni o SRI Si0. diyidrd AS fol'
f nS.N"'tm,S ~ observation-disclosures 81 OOO chief CLERK
nb"S,is "sn,nnn,n"ist statjsticinn, and superin
tDnaent Of In" governmental garden, e. 600 aeh
micrnscnnist boianisL discussing clerk, super.
chemist ii 600 engineer 8, 400
os.ia,a,t ,umrrimt,ndent OF the experimental
,,arIo, osI TINT suunrintendcut of the seed
-. sunn,iutpulput of seed DlrS