Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1891-11-13
The American BANKERS Resume Their
Session and Discuss the
Matter.
A PAPER nv ST. JOHN or NEW
YORK.
Canadian Bank Note Circulation. TO
Abolish the "Days OF
Grace"
ny TeieErsph 10 tna SHwai
rINANeiERs.


4bFrst'ts
NEW ORLEANS, Nov. i2. = The
American Bankers' Association re-
stunned IL scssion today, and the silver
question had the right OF way from the
start.
w. Il. 81. John Of New York made
the following proposition; Cease buy
Ing silver bullion and restore the
United States coinage system founded
with the mint In l702, aud only nbfo.
gated In 1873, that Is, reopen the minis
10 equally unrestricted coinage for gold
and silver ~ the best method 10 allow
the owners Of gold and silver 10 receive
legal tender notes Mt coin value, In
stead Of coin Al their option, the notes
TO be- redeemed In either coin Mt thu
Treasury nj their option, but the Soc
rotary TO redeem In bullion nj not less
than coin value thereof on the request
Of noteholdefa; moderate coinage TO
be- prescribed; ali the remainder 10 be
coined or not at the Secretsry's discre.
ton; all gold and silver bullion nnd
coin resulting 10 he held ~ dollar for
dollar metallic reserve for notes out.
standing; all Treasury notes OF the act
Of 1880, and gold and silver
certificates, whom received, 10 be fc'
placed by the proposed new notes, Sc
cured a. provided and redeomable M
EtesetiDvui ,ne IIeriuontoI nv ni.ei
shun 70 pe redulteu 70 pIocHAiui ouI
niyp',un " ,no ',1'uoP.an .o' .,s,
.auv ~ som snu sIiss -I" -,
i n1nn nuIope isolsns nei oaa
hilNoi uuI niin.s 'neIouPon puyins w
out slIV.i uo'isi. .nen ous. .s,, ~
L'cniu,i " .u.ve uehus epon, auu
ns ,noun W. 49,, uV M. ~.
uihlhS ~ kAnr % Pute si,1e' ~
~" p'Ynon =, IT,. ~" v AL, %
w Nur huIVpe Ass,h'. Wv nlk' VI
~ ",lnst uonAi' 'or Ieo",nako ~
... u
asa,is. suo" aoon..a.'i ny, y, ouI oui
' NUM- " ,I iu'"po 'oop'"'
nvs "inh oi nlIseI. A.. .,,..
o.; sonn unnle. mo nesoa ,ni.
p iii ',sh,sN,s ~, a. u'
81, ~, ~ ~ Wv nn ,, oo"s
~, y. ~ Nne r..oposh nh'ion, ~ w
o, sn '',nns .nn. my n.ou snsli
nns,,,a 'ny ~ ..y osse'
10 pvlJinu ~, sop ~ sao
,h.,, -, anr',a, 10 ., u, .a hv' .n u
H.. .cr.,,.. p ~ ~. ,. v." 80.
N 49, ~ $500. iii - a. LII
: "'ou ~ 'o'''s" ."''' 'o' W. s''u.
IN offosi1ios 10 SENATOR sifkh-
MANS
pronounced attitude as 10 silver money,
~ 'pnn iuyTse- nnsi.nus p,eseh. n,ss
..,',i,.. ~, 'as ,..s ~ s"o
osn.,s s.h,,s q. pon III, ..oaom
Iiasa ",,,va,.,,,., S.i. ,ass
ar adnr,ion q, s,.. solnss ,,a, III
hs,.sJs hs,.,,a.
,'as.,,ia ,.,,,s' ds,' Iii
a,.a,.'r ,,,,.,s's ,han ,,.,,ss
I'M. n,,,,sh ana.a. .''c,',ar,, ar.
,tt,. .s,,.,,,,,, ,..a.,',,.,,IS.,, s.y a.
a. M. Iiy,,s', s,.,.. irJansn.I.s,l.' '
sss,,rlnv ~ .,,cc.s. and op,,as M
"no nation OF tho world was more iu.
uVEehu.n, oi ,ho iorelsnet;"
, ne sausucs IuInlsned oy he late
sevIeny Winuoui Nnu 'o cohnrh IN
Jus 1nhnos eoe.v.y.
~ 'onn iuInlsneu s,attucs OF thr
lIOuuuuonl consumption anu eolhhzo
hlN.I ,hoNIng tno pfeseht AnauAl
sosotp,ioh eAceeuing inc present
annual prounction, anu that tue
treasury wouid pc unable 70 continue
onhlhing tue amount now required by
law NJ hhe maximum price prescribeij
honce ihst tue nctol 1871 VIII graduAi'
" but lrisgulnfly advances tue price To
VI Tor S't grains. Therefore
FREE COINAGE,
hv a.,n, Inn, m. IN. n,n,,,n, n,,.. =,
,i'.,.h ~ ,ah,i.a.' p''uo ~
sso o s 1890 s,scsn , H. "ar I'm IN even
En,n,ahw ,I, y,.a,l. II., I'M
and ra,",a snrn, ~ s
iii, aansaa,'l,,n.' t.. ani, a"nu
49,, ,i.h ,v, ~ saaI ~, H. 'u .'i,. WI
n,,, a,,,, 49, " 'a,.,,,,'I ,. n ,,
di,,o v s' .vapaa w" .na n au-
ce,sit.,s = n,.,s,,a, ,nc,as,s ' ~.
va,lS,. ,,,,l..,Ia. =, ill., y" -, nv
Jemanir ~ ss.Ia a. ~ nanna. ~ "''' N'o
" "-.' ~ N.o"y'
AT THE CONCLUSION
Of 81. Johns paper John j. Knox toolt
the floor aud said that he fully agreed
with 1t. John In some of hIs remarks,
After citing certain facts, and giving
figures, no said that som, TINA aso lid
Mexican dollar was 10 be found In
nearly every bank In this country, but
today where were these coins? They
had been sen. back to Mexico In nav.
menl for goods, being accepted at their
iace value less transportation To Mexico.
why was tnlts because the NeNicans
~, b sS ala a ,oh LII M" oo,hAse'
can,ad IN Mnsico for ~ t no' 10 se'