The Mt. Sterling advocate. (Mt. Sterling, Ky.) 1890-current, 1894-12-11
THESE LIKE IT.

States.--Cleveland Plain Dealer.
4 In several substantial and even es
sential features the plan for the re
modelling of the bank currency system
Of the United States is extremely en-
couraging.-New York Times.
The revival of State banks of issu
would, in our Judgment, go far to
ward curing the evil of a congestion
of the currency in the great money
centers and give the people a safe
sound aud elastic home currency
Memphis Commercial Appeal.
Congressman Walker, of Massachu.
sets, who will be the Chairman OF
the House Committee on Banking and
Currency in the next Congress, says
the currency recommendations of the
President and Secretary Carlisle, "as
far as they go, are most admirable
Hartford Times.
Upon the whole, the message upon
the financial question is in the right
direction, and if the present session OF
Congress would apply itself to putting
such plan into the laws of the land
bright future would open up to the
people of this country upon the finan-
cial Observation-Disclosures Gazette.
Ii the Secretary of the Treasury
needed to atone for any imputed lack
of executive force by an exhibition of
the higher qualities of constructive or
reconstructive ability, he has certainly
made the atonement. Mr.. Carlisle's
annual report will command the re-
spect of the country for the thorough
ness with which it exposes the radical
faults of our currency system and the
ability with which it provides sound
and consistent reconstruction of our
monetary arrangements.
Barring few exceptions, Mr.. Car
li.le's proposals present the truest and
safest basis of bank circulation that
has ever been submitted for the adOp-
ton of this country.-New YORK
Journal of Commerce CInd).
A practical way for the dissolution
of the partnership between the Gov
eminent and the banks.-New York
World.
1t is one of the most notable schemes
of constructive craftsmanship that the
country has seen since the creation of
the national banking system. India
uapolis News. ....
Mr.. Carlisle undertakes to steer q
safe course between conflicting finan-
cial opinions, to preserve the gold
basis without retiring the present
issue of silver certificates and silver
dollars, and to get the Government
gradually out Of the banking bust
ness.-Philadephia Record.
On the whole, we are inclined TO
think that the plan will be favorably
received. 1t will not please extrem-
lists on either side, but as it promises
practical benefits and will enable the
country to provide itself at all times
with the money it needs, it has much
to commend it III the eyes OF conserv-
alive people who are more interested
in improving conditions which exist
than in vindicating theory.-Macon
Telegraph.
The plan of Secretary Carlisle must
receive careful attention. 1t is a good
one, SO far as it applies to the national
banks. 1t finds them a method for
securing their circulation, relieves
them from the necessity of depositing
United States bonds and benefits
them III many ways. whether II is
wise to extend the same privileges to
State banks. is another thing, which
discussion will Observation-Disclosures
Inquirer
The Secretary has long been distin.
guished for his faculty in lucid state
nent, and his very able and effective
iii. cussion Of the financial problem
will give him prominent place in the
campaign of CURRENCY education.
Those ill-informed, prejudiced and
bindly partisan persons who indulge
profusely in sneers at Secretary Car
Isle merely advertise their misinfor-
nation, prejudice and blind partisan
,hip.-Butfalo Courier.
Mr., Paynter resigned Dec. 6, from
the committee of Elections at WASH