The daily morning journal and courier., 1894-12-20
BLAND'S NEW BILL SCHEME.
HE WILL OFFER IT AS 4 sUBSTI- TUTE FOR sBCT. CARLIsLE's.

 His opinion is That 1t Will Do Away With
 tho Present Troublesome Financial sys-
 tsm-Intendod to Test tho Vote on tho
 Silver Que ,tion.
 Washington, Dec. 19.-Mr. Bland Of Missouri will offer a substitute for the Carlisle plan. a substitute which. in his opinion, will do away with the present troublesome financial system. He will offer 1t as soon as debate be- gins under the five minute rule. The vote on 1t, he thinks. will be a fair test of the silver question.
 The measure Is entitled a bill to re- store the bimetallic system of the United States and for other purposes. It provides that the silver dollar of S71h grains Troy, of pure silver. or 4l21s grains standard silver, shall be le- gal tender for all debts and dues and all holders of silver not too base for the operations of the mint of the coinage value of $1O0 or more shall be entitled to deposit the same at the hints and to have 1t coined into standard silver dollars on the same terms and con- ditions that gold Is now coined. Depos- itors of gold or silveratany mint may re- ceive therefore coin notes equal to the coinage value of the gold or silver depos- ited, and the gold and silver deposited shall be coined into standard coins and the coin held at the treasury for the re- demption of the coin notes. The coin notes shall be of denominations not less than $10 and not to exceed 1000, and shall be a legal tender.
 The treasury shall redeem the coin notes in gold or silver coins at the op- tion Of the government, or in silver coins when demanded, and there shall be no discrimination against either gold or silver coin in the redeeming of coin notes or in the redemption of green backs or treasury notes, but the treasury shall use in redemption whatever coins shall be most advantageous to the government. It is also provided that there shall be no further issue of gold or silver certificates. As fast as such certificates come in they shall be can- celled and the coin notes shall be issued In lieu.
 The coin notes may be issued on de- posit of standard gold or silver United States coins at the treasury or any sub-treasury, under such regulations as the secretary of the treasury may pre- scribe. The secretary is required to keep on hand in coin and bars an ag- gregate sum of gold and silver equal to the aggregate sum of the coin notes outstanding, but in emergencies caused market the secretary may in his discre- tion issue coin notes to persons or as- sociations depositing interest-bearing bonds of the United States equal to the value of such bonds or the surrender of such notes to the United States. On surrender of such notes by the de- positor of the bonds, said bonds shall be returned to him, provided that the interest on such bonds while deposited with the treasury shall accure to the government.
 Should any of the bonds deposited ma- ture before they are withdrawn they shall become the property of the United States and shall be cancelled and an amount of coin notes equal to the amount of bonds withdrawn or can- celled shall be set apart and held in the treasury as an emergency fund. Such emergency issue shall not cause the gold and silver coin or bars held for the redemption of the coin notes to fall below 60 per cent. of the entire amount of coin notes at any time outstanding. The coin notes may be re-issued