The Washington times., 1894-06-03
OUR RANK-NorE SYSTEM.
Congressman Warner and Others Discuss
Much.Needed Remedy.

Congressman Warner and Others Discuss
Much.Needed Remedy.
resolution introduced by Mr.. Goldzier, OF
Illinois, calling on the Commissioners of the
District OF Columbia for an explanation Of
their recent action in reducing the wages Of
Lnskilled laborers occupied some time in the
House yesterday after the opening. A ali-
buster was started, not out Of any opposition
to the resolution, but because it did not go
far enough and include In its inquiry other
places than Washington, and the resolution
was finally sent to the Committee on the Dis
trict of Columbia.
Two private bills were passed, one to PEN
zion Mary Levans, and another for the relief
OF Thomas B. Reed.
Senate bill to donate to the county Of Lara
mie, Wyoming, certain bridges on the aban-
doned Fort Laramie military reservation was
passed, and also the House bill to authorize
the construction of passenger and wagon
bridge acroes the South or Main Canadian
river at Noble, Oklahoma.
The speakers on the Brawley bill yesterday
were Messrs. Iziar Dem, South Carolina),
Lester (Dem., Georgia), and Meyer, Dem,
Louisiana), in favor of repeal, and Messrs.
Hall Dem., Minnesota) and Warner (Dem.
New York; against it.
Mr.. Warner, who delivered the most impor-
did not like the present bank note system, he
could not agree to anything like wildcat
banking.
The increase OF our currency by additions
to the national bank circulation during the
late panic was only about 10 per cent. and
was less than half the amount by which the
banks OF q single city virtually increased by
its clearing house certificates alone-less than
half the amount by which individual bankers
increased it during the month of August
alone by actually buying gold in Europe and
shipping 1t here. The almost frenzied efforts
OF the national banks were utterly futile in
bringing material assistance until after the
crisis had passed, and the result of their
attempt to aid Us has been to keepthe volume
OF national bank currency outstanding dur
ing the last five months, when the amount Of
unemployed currency was greater than 1t had
ever been before, at the highest point it has
reached for five years.
"Au We ask is that you do not shut US out
from cooperation by insistence upon such de-
tails or refusal to remedy such defects as
shall compel US to stand aloof. If you insist
upon this, We believe you will fail. Should
you succeed in this House, we believe you
will later realize that the effect has been to
obstruct rather than promote practical legisla-
tion. Should you succeed in putting upon the
statute book such proposition as that you
now urge we believe that you will find that
you have thereby prevented the committees in
which you are most interested from the posi-
bility Of sharing in the benefits which would
arise from proper currency system"
Following Mr.. Warner came Mr.. Lester
Democrat. Ga. }. who urged the repeal OF the
anti-state bank laws, OF the ground that tho
national banks were inadequate to supply the
wants of the people.
Mr.. Never Democrat. La) occupied the
last half hour ofthe days session with a de-
Tense of the state bank system, and announced
that he proposed to vote for the repeal of the
10 per cent tax.