People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1895-01-10
oney.

izen, W. A. TiitOn offers for the re-
lief 0f the financial Condition of the
country. 1t has gceat deal more
merit than thecelebrated Baltimore
plan" of which Secretary CARLISLE and
Grover Cleveland have become cham
piOns. Mr.. Tilt1n i an aged man
and l deep thinker and his plan Is
worthy Of thoughtful attention. W
print the text If the bill below:
Inoider 10 institute basis for a sound dol
lar and an independent treasury; likewise.
to extinguish the national debt at maturity.
and 10 furnish a safe. unfuctuating cur
rency in sufficient amount TO assure the bus
iness demands Of the peopl-: and that the
credit Of the country shall be uuimpeachabe:
Be IT ENACTED. ETC, That gold coin.
either foreign or domestic. or gold bullion.
shall alone be received for duties On imports
and shall be held in PERPETUAL RESERVE, ex-
cept such part thereof as i necessary To liq-
uidate the national Indebtedness at matur-
ity, which shall be yearly seQuestered in
such amounts as shall accomplish the be.
fOre-named liquidation, and shall be kept
intact for that purpose. And the residue Of
the gold 50 received shall be covered into thu
treasury of the {. :. A.. as il is received. and
there remain for the period IF twenty-five
years. And the treasurer Of the L. ). A.
sh al cause TO be issued weekly, TO the amount
Of the accumulated reserve. nOn-interest-
bearing gold bonds which shall be put into
immediate circulate n as money by paying
current expenses Of the government, re
deemable after twenty-five years or within
one year thereafter. at the treasury or any
Of the sub treasures Of the L. 5. A in gold
OF the same character as the gold coins nov
in use. which shall be the base for the iSsu
ance Of the bonds. And said bonds shall BE-
printed upon paper similar to that used for
silver certificates and in denominations rep
resAnting the American dollar from one u
one thousand, and shall carry this declara-
ton: Good for the payment Of all debts
and the final settlement of all obligations.
both public and private except duties upon
imports and interest on the public debts
made prior to this enactment"
And be it further enacted, Thattne secre-
tary Of the treasury cause TO be coined,
without delay. into dollars and parts of d u
lars the same weight and fneness Of the
like coins now in use. such part of the silver
bullion now owned by the L. 5. A., as may
be necessary for silver colo purposes ana
the residue thereof. including all that is
held in reserve for the reue ption of the sill
yer certificates eXtant, shall be converted
without Unnecessary delay into silver nom
the silver bonds hereinafter demanded, and
the silver certificates shall be exchanged for
the same and cancelled; but the Uonds not
necessary to cancel the silver certificates
shall be put into circulation as money bv
paying them in liquidation of current ex-
penses Of the government. Alss, the secre-
tary OF the treasury shall buy all silver bull
lion-not imported-that may be offered for
one dollarpe fine ounce, not to exceed sixty
million ounces in one year, and shall pay fol
same one standard silver dollar for each
ounce purchased, or in lieu thereof, at the
option Of the seller, nOn-interest. bearing sill
yer bonds, made similar to the present silver
carti6cata opd ~ denomination s,,i,ohIo
for the peoples currency; and to be legal
tender for the payment Of all debts, both
public and private, except interest on the
public debt and duties on imports, redeem
able in twenty-five years or within one year
thereafter if then presented for that pur-
pose in sums Of one thousand or more dollars
at the treasury or any Of the sub-treasuries
OF the L. S A., in silver dollars of the same
weight and fneness Of the present standard;
and any silver bonds unredeemed within the
above specified time shall belong to the L.
5. A. and be represented in the currency of
the country. And all silver purchased as
heretofore demanded in excess Of the amount
paid for tbs same shall, as fast as received
be minted into coin, or converted into bonds
rsdeemable in twenty-five years. which shall
b9 subject to the conditions and require
ments Of the bonds hereinbefOre demanded
And be it further enacted, That the secre-
tary of the treasury of the L. :. A. cause
the greeuback issue OF currency in its en-.
| tirety to be exchanged for nOn-interest bear.
ing bonds Of like denominations. which shall
be legal tender for the payment of all debts
both public and private, except interest OF
the public debt and duties on imports. anC
redeemable in coin in twenty-five years from
the date Of the exchange, if presented in
sums Of one thousand or more dollars within
one year from their maturity, and the green.
| back reserve Of one hundred millions shall bC
kept intac- as security for such redemption
Also. that the said secretary, etc. shall CAUSE
| the treasury notes issued under the Sherman
act Of 1890, and all other legal tender paper
TO be exchanged for bonds endowed with the
qualities and subject to the conditions re.
Quired in those used in retiring the green.
back currency.
And be it further enacted. That the tariff
on imports be so adjusted as to perpetual,
yield yearly gold revenue Of two hundred
million dollars
TRUE AS GOSPEL.