The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-01-31
AND COMMERCE
FINANCIAL.

A correspondent of the Inter Ocean has
prepared a summary of few of the bills
introduced to regulate the currency of the
country, as follows:
Mr. Hutchlns, of New York, has intro
duced several amendments to the national
banking act, admitting state banks to the
privileges of national banks.
Mr.. Hazeltine, of Missouri, bill apply
Ing all the money now in the treasury,
and all the surplus revenue, to the payment
of the national debt, and directing the
treasury to print enough lcgal-tender notes
at once to pay al the remainder of the
debt.
Mr. Chalmers, of Mississippi, a bill to
PRINT $36O,OOO,OOO of legal-tendcr notes to
be substituted for national bank notes, and
directing the treasury to keep on hand 80
per cent. and not more, in coin of the
amount Of treasury notes.
MIR. Marsh, bill making lesal-tender
notes liable to state taxation.
Mr. Cox, of New York, making the trade
dollar legal
Mr.. Murch, of Maine, to make the trade
dollar legal tender for q year for all pur-
poses.
Mr. Gibson, of louisiana to destroy
ST., 100000 per annum oflegal-tender notes.
beginning with the small notes, and to
direct the treasury to issue in exchange for
gold or silver coin, coin notes, all the coin
received for them, to remain on deposit
against them; these coin notes to be legal
tenders and TO serve us the reserve of
national banks, to stop the issue of gold
and silver certificates, and to redeem
all now out to allow the secretary
OF the treasury to coin only so many
silver dollars as he may deem expedent; to
revive state banks, but on the same basis
as national banks; to repeal the tax on
bank deposits and checks, and to authorize
banks to loan money or real estate, and to
hold real estate bought under Judgment.
Mr., Smith, of Illinois, to authorize silver
certificates on large scale.
Mr.. Bland, of Missouri, to direct the un-
limited coinage of silver
Mr.. Vance, of North Carolina, to recon
the trade dollars into legal-tender silver
dollars.
Mr.. McMillin, of Tennessee, to make the
trade dollar legal-tender.
Mr.. Morse, Massachusetts, to authorize
the banks TO deposit gold coin IN sums of
less than 5000 at the treasury and receive
IN return certificates to be used as part of
the reserve and as clearinghouse certifi.
Gates. This is an excellent bill.
MIR. Lord, of Michigan, to repeal the taxes
on deposits and circulation.
Mr., Joyce, of Vermont, to repeal the tax
on bank checks.
There are a number repeating taxes on de-
posts, circulation, and bank checks.
Mr. Shallenberger, of Pennsylvania, has n
olll to require one written signature on all
bank notes.
In the senate, Mr.. Morrill, has n bill to ell
able national banks to extend their corpor-
ate existence.
Mr. Beck, one to retire the trade dollar.
Mr. Plumb, one to make the trade dollar
legal tender; also, one requiring the treas
ury to issue gold, and another to direct the
treasury to issue silver certificates on pre-
sentation OF silver bullion at its market
value but to any amount, and to stop silver
coinage until the silver dollars in the treas
ury shall equal 80 per cent. of the silver GER
tillcates, whereupon the coinage shall be
resumed, the profits TO 80 to the govern
ment.
Mr. Beck, to repeal the tax on deposits.
THE latest dispatch from New York saws
That Vanderbilt houses talk doubtfully con-
corning their specialtes, and German
houses are said to be sellers of Lake Shore
Could 1t is said, stated that he looked for
moderate fluctuations for about two weeks,
and afterwards "bull" market. Boston
railroads are understood to have been in
conference with Denver managers, giving
rise to reports of important negotiations
between the Denver and Burlington 4
Quincy, or the Atchison, Topeka 4 Santa
Fe. II is stated positively that Mr.. Gould
mas made another important railroad pur-
chase which will be announced within few
days. Considerable Northwestern was
bought yesterday for western account.
No application has been made to the list of
western Union on the London stock ex-
change. The earnings of the company in
creased Sal 900 last week. There is a rumor
in circulation that Gould would soon ac-
qulre large interest in the Chesapeake II
Ohio road Foreign houses were large buy
ers OF government bonds yesterday.
AN expert says that while the United
States had $3SO,OO0, 900 in il derived from
mines, the balance of trade last year, and
the government redeeming its debt, the for.
eign Immigration, counted at $50 head
pocket-money,. over-balanced the largest
annual expenditures of Americans abroad.
Inc treasurer has paid out during the
present month for interest $40 600, and
600 in redemption of bonds.
The London Times, in q financial article,
says that in spite of the government and
private MD to the Paris bourse all advices
concur IN representing the difficulties far
from being surmounted.
The amount of specie In the Imperial
bank OF Germany has increased IL, 500 900
marks since the last report.
DALLAS EXCHANGE AND COIN.
n. Y, Elk. h(ehparGoI ST. Louis .I,@hParsG
chicago h@apar@A n o.. S@A ParSpN
'i ExSSsnsS all p raTg ISu sSon rSgA
sight s. NJ Francs, 5fh 10 Marks %
Trade dollars. .IOcts, Mexican dollars. Scots