Evening capital journal. (Salem, Or.) 1888-1893, 1890-12-26
FINANCE ANJ 7o-rICS.
A Symposium n tie >i-rs Of the
Tvs


Of California. chairman Of the Re
publican National Convention Ssy-s;
The general lelief ! thst the
volume of currency i insufficient to
meet the demands Of trade sud
many plans have been suggested
hooking 10 the increase o. the ci0cu-
launc medium. Secretary Window.
who has gwen the subject great
study. has proposed tie ISSUANCE q
inter-cauvertabl bonds, with which
to redeem ths bonded iodeo;eiDts -
a. fast a. possible. oy the delivery @:
inter-cOnvertsole bonds hv4r!ug S
low rste Of interest, 81 the same
time the government = 10 r1aSe The
currency and deposit il in The treas
uary, OF equsi amount - ibA, The
owner OF the bonds caD, in 49, Q.
financial striu-eDcy, surrender them
TO any sub treasury, snd tsss, IN
payment Of the principSl sud inter
est then due, currency 81 The Jnite6
States. This scheme bas the earnest
indo-sement OF Nr. Window and S
large number Of the most though
ful statesmen Of the east, although
il seems that the finance committee
Of the senate rejected this scheme Of
the treasury department, another
proposition il that made by Senator
Stanford for the loan of government
money on real estate. the lOsu bsar-
ing only two per cent. interest. THIS
scheme has apparently made bot III
tie heaGway IN congress.
MORE SILVER.
Washington special: = caucGS o
republican seoato-s sdoptel tb= IN
2oczzl schzne reported ty The eauc1s
eonn!ttee. Win The exception q
the t=o -. ce1,.to-d prQ!--i. y 1.ch
vzs e-IuirA-ei- - The measure
VII V-oy.ie - TIE ps-al4>- o.: So
cllJ1l . TIE .alv=- u-.--1- >--I.-- /,
$ re5-ec5oo q compulsory bond 5e-
I,,ez---Ac ex.eEticl q TIE -s-.r 3
t4zz Ger.1>-- = lie f.. 81 -; =
thar b.ocd 6er.ori.s. tie --plzcenleL;
c: Ih= d=1cl=ccy II tAe Lsl.oc4-
hank circulation below SIS on o.
b. t-=zs2ry no,es tE~@d 81 s-ve-
b,1IIl.- rzrcozse> \ provision Il; fre-s
cl.-az= --=- s-.v5- : C-2-La6
- E4- - oc= yea: provision c11
tte c--.-= = conversion Z s1iG
e1z1 into u1.-s, s-6 u. rel5i-s-e Of
sz5=ije-y s5.v-r col-s-
I%s,T= E-.-i-o 1-cc-- Q s--v :
t-L;3c az u Je T-g -E->ed C-rizg
IL= c2lzu6=- y=zr u1I exc-<
s.tllt,3 c-oc II any one month.
-lls ! % - = addition ID Tie
anon: Nv re4-E=5 = b= Pur-
oLz-73 Do1lh-y.
EE-CE AID T5-EE S-LT-E-s-.
Washington zreeial. i: 3Ir. Br.c=
i Ise,y - become o-s Il the demo
cratic lea5zr- IL the senate. Hie re-
cent MISSION in Washington l. 70
try - convince the chief men Of
his parry that the country
doc. not demand Of them ex-
trelne measures OF currency infia-
ton. He i here 70 advise against
pressing free coinage Of silver a.
policy winch i likely 10 react
against the party, especially il the
east, and DO iudnit harm. He has
been telling the democratic senators
that there Is 10 crises in the financial
affairs Of the country, and there i
plenty Of mobey. And that radical
remedies are Likely 10 DO more harm
than good. 1lr. Brice has not he>i-
tated 10 tell his party colleagues that,
il his opinion, it would 5e weak
ness 10 permit the silver craze 10
take possession OF the party and
lead il 10 lengths from which II
would ~ impossible 10 return. Co
incident with the appearance Of Ar.
Bric= here there = noted better
front among the democratic con
gre-sInen who are not believers u
free coinage. The New York and
New England men have practically
decided that if the question Of free
coinage CONES up N the house they
will vote theiI convictions, 10 mat
ter what their party brvtuer- from
other sections OF the country msy
do. Without the supporl Of all the
democratic members Of the house
it will be very difficult to push
radical silver bill through that
body.
FROM PROCEEDINGS or NEBRAsK a
STATE FARMER { ALLIANCE,
The biggest sensation took place
this afternoon, when ex->euatOrNau
Wyck offered d resolution expressing
the sense OF the alliance that gr-eu-
backs and silver -hO4ld Oe made
legal tender for all debts, public or
private whether the contract ,.r)-
yided for their payment iu gold or
not. He made d number of attempts
TO get the floor before President
Powers would recognize hin, and
only succeeded by making % much