Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1894-12-27
ANOTHER PLAN.
IT is ENDORSED BY Mr.. CARLISLE.
The Hl,I Is Substantially Now Measure
Although Some OF the Sections OF
the Original Bill Are Re-
tanned In IL.


WASHINGTON Dec 2s.-After CONFER
ences between the democratic memDers
OF the house committee on banking
and currency, and with the approval OF
the secretary OF the treasury Mr.
Springer yesterday introduced Il SUD
stitute for the Carlisle currency plii'
1t is substantially new measure
although some OF the sections OF 'ne
original measure are retained IN the
new BILL The new bill Is arranged SO
as to show the new features IN pafch'
thesis The first section is as follows
al Iaal so maen o. al ac', unu prs ' ~ pv.,
sa ,uau n"oSs . ~, aore cpcu",inv notes Issued
by national bank associations Tor us require
such associations to deposit United states
bonds Tor any purpose except as sevur''s ,o'
p"pI ,ao"us' NV p "'a % " ,ins ant civ.
culation under This act; aud such notes shall
not contain the statement that they are so
secured
oecuioh - ci'ahgou 80 ''"' '"''"o
cannon ueposll legal tehuers u seeule
circuialioh, pul a'so 'cnrrenos oei.'"
cafes ISSUED uhuer secVioh '.'o VI '"o
revised statutes Oh the oh'.oo 'e"'e'''
sect'oh 10 re'aiheo en'.'e' eAoop'
lhat us provisions are res'r'c'eo W up
ply 10 hat'onai palhihg "ssoc'"e'o''a
taxing out cireu'a.'on unoe' ."'9 "o'
section = Inserts '"e co'nP'ro',e' Vi
Ihe currency as 'hc o'''ccr " 'o',e
ha'o 'he pi"cc ""e'e "o''' "'o w w
reueeiheu'
IN Sec'loh D provision Is "'a' ~
heepihg up ''e saie'y 'u"' anu ~ ,. au" =,
.ioh 10 .he terms o, 'ne or's.""' "'''' u
IL proviueo Una, 'ne co''ec'''" u '''"
YAK VI ohe- iour'ii Vi Po' oo'''' 20 wy"
nall year snail be resumed anu coi'l'h'
ued until the said fund is restored to
an amount equal TO 8 per cent upon
,h. .o..l Attenuation outeto,dirn An
, IL, I'll
erculaIioh noVeS Vi ia''o" h".'o''"'
banks not redeemed on presentation To
the treasurer of the United States, shall
ham ;rtaro,t AZ N, rate ~ Il nor cont
,,o,,,rr,,,, s.on, ,ho da,e ~ ,hs susnon.
r. " ,,nn ha,,,' ,,a,;I ,h;n,,, dors af,or
Lii, .s ' haa hoon ,,;,on ,hnt f,nds
i''.a ~ ha,,J ,as +ho;r noda,rii,, and
an o na,as shal, oonstitu,o a erst liou
49,, 81, ,.,aaaua thnro.f,o rooo,ved IN.
'pt H. ~" snnd
caa,;nn .lloy,na ,bo eocrotory If
a. ,man,,,n,, 10 ;nros, mnnov In tho
safo.,, srn1 il honds IL ,ho sauna no in
a. ~; '.;aal I'm
' coa,,on > ID ant;ro,v rey and toLes
.ho oe ,,,aoo ~ " saa,ion ,hi.h ha. hnon
sl, H. mo no,, soo,;o, ID nc fol
ii"''""''N N'' ' -
MIA, ovorv national handing ossociailon
heretofore oreanIaed and having bonds on de-
post to secure circulation may withdraw such
bonds upon the deposit OF lawful money OF the
United states, now provided bylaw ana there
after such association may take out clrcula-
ton under u Is act and be cntltled 10 all the
rights, privileges and immunlties herein con-
ferTed.
Section specifies that the portion OF
the national bankinp act to be renealed
,,,,..,.a.l A., III - .oo,;o, 10 Gao
=, '''''''o' W ~ "'"'" " 'VV'',' -
directs the secretary Oh tne treasury W
receive deposits OF gold and TO issue
certificates thereon.r
Ct, n l.. a,,La,o,i,ll, ,ha sono.s
ooc'''n 10 s""o'"''''"''J VIZ ''''''S "'
IN the original Dill.
Section 10, providing for state banks,
is also the same as the original bill.
-. d.. l.. a., .o.,,.,o,ions an st.,o
81
banks new provision IL i'iauc 'i'at the
guaranty fund maintained by them
NAV include "clrrency certificates is
- ooa,;o, .,oa 81 ,ha ,ay,sad
Sue' u'u.' ''''''' WV VI Wv INV
statutes.
An entire new provision is added TO
the state banks. AS follows,
Vyhenever Inc seeretarv of the treasury and
the co,nntroller of the currency shall be salts
-