The Somerset reporter. [volume] (Skowhegan, Me.) 1868-1909, 1894-12-06
the MESSAGE.


WI y I u n
railroads and their en- s--. ,,hch had r.
u ted ia an extensive and Il s.tr-glctiv. strike,
Their TX has been y.ll d ,ue ard thoir
stand and inteliigcnee give assurance that
the r,.p1tt and sug :,.st ms they make ar.
worthy Of careful cons. .r..fi "a.
The Tariff
III. t,ritf .c. ,,a,.o4 !. -. 10. -.....5a .
Tho .,,,i.r.,ss ,..l. tn. ,.,,,.,,,,,, -
fti-t, i ,.v.,,,,a, - r.. - ,,.i.i ~,
t,lt#5 In tl,ti,r, p, .., ..s....5,.,,,,. -
mont, a., VIII not oman. rates ~ d1t9.T o.o
still Wv, h.. I'm, in w ae milne o..a'
.,,.i 80, 49,, ~. ~, ~ h1'''"s '''
Sofa d. sugar 9 Is concerned
would FIN. sad N l.rs#4 .,.t ARRAY it,u t,.
ST. ever, part lepe diff u ial duty in ref ii
sugar trfk n ont ri .a# anna ln,- I.
with all the favor sl,v s..i.I tho .,tg,,r r.
filming interest in our t4-.f laws II .till Ian.
r.ti-H,S to th extent ..ls4-.l ,.lfu - and
m ,r<1n,ls of dfsrhar55i AZ i.-lSfr,inen il
would -,.,rH t., p..s,rut q Ii -.i .-. s.t- for r,.,
s1n;.aic lei ntive aid
/ Whatever clso Is done r omitted earnestly
/ repeat fh-. recpnmend4tf % tiIa- lie add fioroI
duty af I-lOth of a cont 5,.r fauu1 laid MN,
susar imported from Countries paying
bounty pn t. exspr-. De- .tlrsl-a-cd. n seem.
t. rlt. that excoHd5ntl. rnrsr---tnt eon.iler,i-
tint- ~. n +, prn.iri4. goi tint amendment
! ri, - -. .t,
| ,.,,,.f -. ~. ,,,,5z-.,, ,.-,,... o.. ..
. i.,, IA ~ - - y ~ -
IT, 80. III, axhil5t@d ~ ~
-, tt - -, 49, .i i.-..l5.,,.93
' 49,, - ''''''S Oh
/ M. ..,, fii,..,s ,,.... ,.t g., f,,,-i..... 3
49, 49,, -. - - -
! - ,i,.5,=,. I'LL r. +.,,-355 - -
/ 49,, b.,,J. .t,i, b,,,iti,#, .., i,i5.t, -, - 49,
/ - D., -f,..,,,,i.t.,r t,+t4 - -
| ~ ,.,.,., ~ -, - - -.
Mn H. ~ ami m, Ar,..-,,. 3D., -, ~, sI,,1i
r,,r-,t,d n ,,,,i, -, H. 49,. 49,
a,,i 1.,. ,,,lIs ,.,fi,o, il, .i-,,.. - -, ~,
80
~ ,,riil.-
The Fond Is.ue
No.. a. #t ,it, .,.
-, W.! ="
- s5,.,,,.l ~, = ,i'''lh '',-
INT w.. ~ a. NON
- + - ''..l, - ~"
- - - ,,ti.,43 -. : ~, ' n -! ~
- l,''',.i,'i'. g. I'm III IN,
- .. ar,'.a ,,,.r,- ,..i nm ~
II ,vo,ild have been Won IL in hi. ,.fnorgency
authority had existed L. issue tho bond Of
IN, ,,t,.. rurPnt bearing a low raft. If int.r.t
and naturi ~ withina short roriol
But tia - sngre, - h wing t.lil.d to confer sr.h
authority re OF was necessarily had TO tho RI.
uinption at Of 1873. AID pur.nan. to it, nro
visions. bonds were is ned drawing interest ut
> per cent D r. anaum mi m tur,ng 10
years after their issue. | am clad to say thnt
on the sale II thess b9nl. the premium re.
eeivcd operated 10 reduce the rate of inter, st
to he paid by he government to less than per
cent
1t i perfectly and palpahly plain that the
only way under present conditions b. which
this reserve, when danger 7t-ly depleted can
be replenished. i, throuph g issue "A ld sale Of
the bonds of the government for goid and yet
congress has not only thus far declined to au-
thorize the issue of bon1* bat suited to such
purpose, but there seem a di1p 'sition in some
quarters todeny both thu necessity and power
FOR the issue Of bond, 4 all
A. lBnts pfDrp
for III" hnhi re 'emption or the putting aside
OF me currency obnshh9h' now used TO re-
peat dly ana constantly arlN from the gov
ernmoht lt' goa, ana rs ''ng as no better
~ ~ ''",i '77u,9 ~ 'i'YM - man Il!
present 'Ai9' :, 9ucn a"'heiai5 "iil De u'lhzed
whenever at rs oi'.n as II Incomes heces-
sary 70 hl'il'a,h s.'llclen, eoid reserve and
IN ''Hle W save the cf.u'i 81 our country and
maze 49," ''i' i'''iiei'' u i''''io'S u our gov
ernmeht.
Questions relating to our banks and cur
rency are closely connected with the subject
just referred to and they also present some
un 'ti ,factory features.
1t Is proposed to repeal a.! laws providing
for the deposit OF United states bonds As 81
curity for circulation to permit national
banks to issue circulating notes not exceeding
in amount u per ceat Of thor paid-up and un
impaired capital, provided they deposit
with the government, as guarantee
fund in United States legal tender
notes. including treasury notes of 1890, II
sum equal in amount TO 81 per cent of the net =
they desire To issue. tht- deposit to be main-
tanned AZ all times, hit whenever any bank re-
tires any part o. it, culation "A proportional
part Of it, guarantc t'nd shall be returned to
it; to- permit the scci ctary OF h treasury to
pre, =. and X ,ep an md ready for issue ia
case Al Increase In circu ,ation IL desired.
blank / IA ionai bank n eS for each bank
having Q rct tion aud 10 re zeal the provisi,
~ i.,,, iutn,sipV limitation and ~.