davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
Tur CuntN WAR.
VII; DO Continued Regardless Of Cost
unu Duration.

nnd Duration.
MADRID, Aug. 7.-Thcto was n long
dountc Uysr tue budget in the ChAmtct
OF Dspulipn t1dBy, arngr AIartt cfiu.
uifri tho governments protests. 1ho
urumiuI, Senator CanOvas del Castillo.
upIiyd as tollpvF3
"tho government uuly desires 10
meet tho rucria.tUl u the Cuban Wal,
winch, having spread over the whole
land, prevents Cuba from C1ntribul.
ing Zoe its cost. Therefore, uu uX.
tlh6rdiuHfy budget h necessary. Inr
government IaH already been author.
Ia.d Co tUlfOw 6.U. Olu,UuJ prsota' $780,
OI0,gDUl but 10 uuply 10 the bank d
SPAN iUrsuch lUuu would make tue
hiusiaTy circulation 1nOtmous."
Senior aiivotu, tue leader OF the die.
seuuug CJnsUTvatiyUs, quuitilnUd the
government No = tho uufatiOl VI tue
wAr Ia Cuba,
Spuor Canvas replied to this ques-
lion that tho rebels would mover van.
qulsh tho Spanish army. UHlrus tuiH
happened, hU refused 90 believe that
tue spanish people would become tired
OF tho wuF. In tual Casy,hu funounoel
public He forever Ihia ASSERTION was
gtUcioI with cherfs.
Tue pgomicr c1giirucd that no did
not oppose negotiation with the minor
ny, pIOyilvu tnat they would awe MIN
lhu ncgIlul Resources 90 continue the
war. Apain wus determined At all htz
AIDS ~ maintain her sovereignty v
Cuba.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08

kANIiASEE, H., Aug. a,-Fifetn
miugfs AFRO implis0ned IN the mine al
CLARK CITY, Tue main shalt Of tue
Gardner Wilmington coal company
was destroyed ny nre lot ysnibg anu
forty miners were Imprisoned. Before
tue upper works weiu totally destroyed,
however, twenty-five Of them escaped.
But little news can be- obtained from
tue minof, az the Telegraph lines were
badly damaged by lightning.
Clark city 10 n mining city In the
Bra!dwOod district ana has n popula-
ton NJ ABOUT 800.
Tho shafts arc about 100 feet deep
but It 10 rop3rted that tho nit shafts are
Ia BAD shape.
Tne miners are principally Italians
anu English.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08

MANCHESTER, y. H., Aug. S.-Tho
announcement has been made that the
stark corporation would close down ila
mills from August 10, until September
Z. This will throw 1850 persons out Of
employment,
The Amoskoag mills will close to-
night Tor au iudrnui,e terlud. This
corporation ordinarily oWpllya 5000
hRnis, but hiss been tuun'ng with
about twO.thiTdG OF rs total number Of
late
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
MN WIN Not Preside.

ALBANY, y. y, Aug, 7.-Ssua,lr
HUI arrived aL Mo nome Ia this oi.y
this afternoon, where hu Will TglalA
Tor .he ntxtt0n uayE IL, csp be- ~.
thoritauyely stated tnHt hu does nos
expect 90 attend or preside ul the Bst..
IN auu beWall notification a. Naulaln
Square Garden on HuGHos Jay, anu
mot all statements that lao 10 Hugut 10
dtc,ato tor thu Bryan IicEot VI ssaIsst
Il are without lOuuuuliUu.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
nooLirrLr ron nIHrrArLt,n
hat tue Republicans AIono Can uriuE
~ Ahuut.

Hat the Republicans Alone Can nrinE
~ Ahuuts
TACOMA, WASH, Aug. b.--C0nufgss.
man ". r.. ID H1lituo (lirpublicuu) ui
this city WhDtu speeches IN favor 900 BIZ
mrisl.ism aud work In tue iut,rult OF
tho Nicaragua causl iu COngtU'B nave
brought him SOME fame mas malc Iuu'
DC ttajUmbnt % his political view.
Hc unIUtaes Mckinley Ia strong
terms and points "a. that the Repuhli.
eau platform 10 the only Que that eau
bring ABOUT tho adoption uf himCt,,.
lism by International agreement lie
snyl3
81 an Tor b,mrtalllsm In nll truth
AMI HiuCtriiy, by agreement viii
other nations, " that agreement can be
speedily brought ugout. Iyvu % T0uu
cause cannot nave too many itiouut.
Atali events nud IN any event, 1 an
Tor the use of both GOLD anu silver 90
baFiC money, nud, ~ after hu honest
trial which thc platform Of the Re.
publican party pledges, an agfcumut
cannot ba speedily reached with other
nations TOT btmutalllBm, | believe tue
Republican party viii deem II 10 bt
| the duty Of tue United States 10 Opcu
tur miuts to tue coinage OF silver anu
by proper Teialislory lggis,aI "a agalnsI
Utu,f c3uutfitf, enforce our way AMI
protect ouue.vts Nv suggested IA IA,
stalumauI OF Thomas h. Reed Ol
Maine, published IA the foTtnighuS
Il view about two years since, tu
which attention has 20 gi.en Desu Ill
ftctpd."
Hu says further that tho ~. Lou,
platform " the only one that make.
possible tue building Of the Nicafagu
canal, for tue Chicago platform con-
dsmuu bond Issues Ia time Of pence alu
Que IL necessary II tue canal ~ 10 yI
CJustIutttd.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
Ai,sold Too Tirsd to Inik.

DENVFE, Aug. "A special TO tho
NrwB from Gisnw0Od Springs, Colo,
say; Wuen asked regarding the story
oil tho Chicago rimC8.HUrsii. Of al.
Ioggd d.llefouCtB between him anu
Chiitmal Jones u the Democratic
national committee, Governor AligelJ
Of Illinois, VINO 10 here, positively ~.
lusuu to tllE. He said no was here 90
rect and would not DO interviewed On
AmN aLNlNCL
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
WHITE ANO nLAcK.
Efforts to Htuniio the different
aaiorH.

aaiorH.
DALLAS, Tex, Aug. T-Ovsrlutos
have btUu mauu % Tcuuite the liiy.
white aud bluckand.tan Republicans
IN Texas after Xix yeara' ostTangomrnt.
Tho lily,White'B state executive COM
mitteu mel here, ana IL was thought
a deal would be- C0nsummaie1, but II
was left in siatu quo by ChaiImau Me.
gTegor, VINO In IN a mvgsute opposed TO
tho Teunitiug net on any propositions
made. The action Of the ~. Louis
convention In falling 10 recognize tho
llly,WhllU delegation was Tgunaly
scored.
The three factions OF Texas Ropul.
leuns viii probably unlIu On an cleo
turaI ticket iyr Mckinley,
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
DIVIDED VERDICT.
Responsibility Of no Atlantic UiD
Disaster,

hlhuHlrFs
ATLANTIC Cuy, n. j., Aug. IT,
The clr0ucf's jury which Investigated
tho recent rnilf0au wreck hero returned
70 uiviiri verdict tonight, a majority
VI the Jurors found that Engineer EI.
ward Fafr, VINO was killed la the col,
hsiJn, was isTgoly responsible Tor the
accident, "a that ho iallou 10 have the
iuat express train uudsr proper control
on approaching tho crossing. Tho ma
juuty vrtuict also found tnat Tower.
man George +. HausuT, IA giving toe
excursion train Tight.0i.wAy over the
Iusg express, usuu bad judgment.
Hauspr was not held 10 be Criminally
negligent, however, and ho will bs die.
charged by thu coroner.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08

though the prevailing lmpfUss-lu
amlug rniUurs was that Pingr,e would
bold TIE votes ~ considerable ole.
mout which 0thgfwto would have
gone t. Bryan.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
NEW TINE CARO-, IN EFFECT NAY 10. 1886
Trains depart aud arrive al saH LAKE uu,.
daily, hs follows


nIrAuf
ZOO a on overland lI4Ilud Tor Chicago. OmBHa
Denver kansaa Jv, 81 Louis, Ogden
uui faTk titY.
90 90 local rhprets Tor san Francisco,
Ogden, Cache Valley and intermediate
puIuls.
iotp "a local expires, tor ogden Aad iutarms.
stOum Atlantic express for chicago. OMAHA.
Denver. huuEaH cav ~ luuIa Huls,
ruri and San trAnClsHp,
$40 m local express Gov MgIcUr, Unite.
Provo. Soph, Mauu anl intermediate
points.
hirCru. lusDI anu intermediate oluts.
80 ~ mixed tram iur carried Beach,
IuOcio and lgTmHus.
AHuvu
$40 - ~ overland limited frpm Chicago
omaha, &C. Louie hAuaab Guy, Denver
lara cay aud tEfCn,
g|Ol a 800 mall end express ffom Helena, lutte,
Portland, s.1 turnCl'co, Cgdsn and loo.
irrut dlato UHNiHt
sl5 pm ugbl' rAprrss from San Francisco.
Cache valley ogden ana intermediate
5ly' o. IN Atlantic cypress from Chicago
omaha, ~ Louis, hau-as JltT, Denver
1910 am mall and express from Tuaro. 'W.
turI. NUphl, iT1f1 AMI intermediate u0uls
t.l pm Local express from MyTCur, TIuu"
lto'o. NcpAl, Mauu aud intermediate
cod ~ mixed train fem lcJuIuu,, Toos,s
ana GLrLu'N Beach,
ilralns tou,h OF Juau run daily yNgols
I,an d.u, sScep, sunday
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
Telephone 6.3.
City Ticket OlCs, 20I Main StT1s,
Wasatgh nut ding

l.E HURLEY.
General Agent rAsson.ef popargu sut
TIM. CLAHK,
OLIVER W, MINK,
n. ELLERI ANDERSON. Reselysrs
sOnh w. DOAhk.
FREDERICK T. OOuDERr,i
..4- 4-usAA, ~, a - a. agsuL
a, DlCklAsOA, General AGHAgsr
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08

CuNIA, Aug. There was less
then JUl IeOplu gathered around the
depot when tho train bearing the
Bryan patty pulled into Omohg. These,
hsVovoT, were enthusiastic Ia tho
extreme. There WIS a stop OF hIty.iiye
minutes a. this city and the nominee
W0ut cur on tho walks about the depot
pod shook hands with his visitors.
There was uu dtmoustTauOu Of any
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
CURRENT [F,oiuo lupo I il1e
Ii'iE TAuLg LNtSNiJ tulU " IVeg.

trnyr sRtt Lahs cav
Nc. flor ItuGham. IIuvu. DrauI
Junction and aI| IOIu's fasl 1904 N
NO t=iur trurU. 1faru suuDuuu
aud al puiHts Essts...s..s.. t1n m.
No. O. Tor uEicu AID iutgrmgdIatu
a.. lN.hlh sts.a.s. sssss ssssssssssss ~ D. IA
va - or bingham. 49, Pleasant
Manu-, saluE, l.rIUeII and
alI IulrTmo lIatg points ....a.. 100 O.. ~.
No ~ o. fure.a, lafsun. Provo.
pud HN Intern CdHte points tivpp' ih
!" tui ttiCl sind She west .. D. . ~ n'
hy. l-tJT uFfHH a1I me Nrst.... u - p,ua.
Arrive saIt LaHe 'ttr.
40. IT. fUuH A.uautiI, ruyu,ufaul
Junction anu tuu asst. .. Z rs Do w.
80 a-tfum Ifufu. Nrauu suuCtun
hnd iie East ............... o. I11 y. a.
t-ltumirUyu. bingham. turcAa
lNynir'H. salua, hznt aul
hIl lutCrms Niatr UuIHtHss.... tilN y, m.
no t-ltum ogden ana iutOrmuls 49,. ID.
. latt uHlutH $780, asssss= ...a...s p We
No. -lfuu NurtkN huu raylunH4 % W'
So 80 rom ogden ami tnf Wet tlA h
No AafrUu urde1 UTd $40 Wet. sAl D 900
NtIr line ruuutnE through Pullman iAA .
p.tcultE cars tuIt Lake CIV tu sou traurlerl
fa.. lake CIV 90 Denver via Grand suucN'n
Aud ralt Lake t|ty Il hausAa tity aud Ihieh.
80 NIn Colorado points.
Ih0u.I tourist ur family siocrsrs wi.h1l
change, 10 hausas CIV. Chicago and bnstou
iftr reclining chair ears tAlt LAss
Denver
Ticket OrlCs, is v. End South
L. e. DODGE Gcu. Mauagur.
ItHHHL NF.nTH MamHHUH
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
No one
is to blame

but voutseifif YOUR ticket
On omaha, So. Louis, Kan
Fak CIV ur chicago does
rot read via the Burlington
Enu.r
lf1aiisS 7fssjl THO local ticket agent has
l,lIiilTllI'ilIl ticko.- via tho darlington
ltltl 80. Co these and all other east.
lFfiI1I'5fftl efu ind south.pasi IN cities.
ltt3At-l III Ito viii furnish you with
one 70 YOU usE Tor IT, iBut
yuu must ask Tor d..
Letters ~ inquiry cd.
dressed On tho undersigned
w.I receive PROMPT A..
'nu.Iuu.
w. r. MCMILLAN, CEN Agent Salt
Lake city.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-08
U. S. DEPOSITORY

wiifori woodruff, Geo n. Cannon,
TfCaifrut Cashier.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-12-22
EASY pIXOKCE LAWS.

The refusal Of Judge Russell OF the
Supreme Court of New York to recog-
nize a North Dakota divorce as valid,
thereby putting the woman in the case
in the ridiculous and contradictory atti-
tude Of having two lawful husbands is
attracting attention and emphasizes the
imperative need of a uniform divorce law,
which shall be applicable alike in all
states. and we believe that with proper
effort a large majority OF the States
would agree upon a uniform law and
eventually public opinion would force the
minority to come into terms. At any rate
the majority could agree that no d.
vorce obtained under less rigid laws
in the minority States should be recogniz-
ed within their jurisdiction. and then all
persons obtaining a divorce under such
laws as the law OF North Dakota could
and should be prosecuted for bigamy,
IL. marrying again. they should take up
their residence in any Of the majority
States.
one Of the greatest cries against so
cioty is the easy divorce law in some Of
the States. and it is high time that those
who respect the marriage tie and who
believe that it is not TO be severed at
will were doing something TO stop the
abuse.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-12-22
AN UNTENABLE POSITION,

We can safely say that. however much
they sympathizo with Cuba, the great
body OF the conservative people Of the
United States are with the President in
his earnest effort 60 keep this coun-
try upon the track of its obligations to
Spain under the laws Of nations. 1t IS
conceded upon all hands that the Cuban
insurgents have no such established gov
eminent as the laws of nations require
from an INSURE lion before it can be
conceded the recognition of even benigc-
rent rights. 1t is absurd to say that
these laws permit a nation 20 recog-
nize an instruction as an independent
nationalityde jure and de facto which has
not even such government as measures
up to the requirements OF a state OF
belligerency. That. we say, is a palpa-
bic absurdity.
Our obligations to Spain. under the
laws of nations whose benefits we claim
against all foreign Powers. forbid us to
grant any recognition TO the Cuban in
surgents that those laws condemn. and
tho President is right to set his face
solidly and stolidly against any violation
of SPANS rights under those laws. That
is one thing.
But when Secretary Olney takes the
position for the President which he has
assumed. that is quite another and a
different thing. He declares that the
President is sole and supreme arbiter
OF when and how a foreign government IS
to be recognized by this Government.
and that if the Congress of the United
States should pass an act. according to
the forms of the Constitution. providing
for the recognition Of the Cuban insur-
gents. or any other people. as an indie
pendent nation. II would have no binding
force upon the President, and he would
be at liberty 20 disregard it and set
it aside. except as it might influence
him as the opinion of a body of very
distinguished gentlemen.
The Constitution nowhere confers any
such authority upon the President. and
If he has 1t. IL is because the authority
inheres in the Office by reason Of its
nature.
European sovoreigns. OF the autocratic
character. have undoubtedly claimed an
authority of this sort for their preroga-
tive but no English sovereign ever dared
to assert 1t as against the will Of Par
lament. II Parliament should pass an
act upon the subject. ard Queen VIC
toria should take Mr.. Ciney = position.
the life OF the Ministry that counselled
her 10 it would not be worth an hours
purchase. 70 claim prerogative o.
this sort for the office OF President
Of the United States is a step in absolut-
ism that the American people will never
tolerate for one moment.
The Constitution OF the United states
provides that
Every order. resolution. or vote 70
which the concurrence of the Senate and
House of Representatives may be neces-
sary Except on question OF adjourn
menD. shall be presented to the presi-
dnt OF the United States. and before the
same shall take effect shall be approved
by him, or, being disa2provsd " I'm.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-12-22
Groceries,,
Liquors, SC,

consisting IN part OF lava. Mocha. San
to-. Caracas. Maracaibo and Rio CoGee'.
Sugars. both raw and refined. OF al
grade.
Tcas-Moyunc. c.. p. Young Hyson.
Congou ana Forinosa Oolong.
\ large assortment OF Canned Goods
Dairy. Ground Alum and Turks Island
Salt.
Molasscs and syrup OF every grade and
variety.
4 largo limo old and we1-maturo3
WHISKY. consisting boo part of Dib-
sons Monticello. Growers. W,eor e.
O.Shaughncssey iuiChers. Pepper. ola
crow. hermitage and Oid Reserve Rye.
.hafnlacue-G ID. Mumm a. Co.,. Ium-
mcry * Grcno. \euNo Cuquct Moc, o
tnHUlUn.
French White Wines burgundy and
Clarots % fae highe grade. aUl most
celebrated viutHecS
Tlcv also offer. of their own imporfa-
uon. Mado.raf. shipped ny ',s.ifi G0r-
don a. co.. sh0riles shipped lt ID. g.
Gordon Jero1 dc la EronfrfH. j. a. D..
nfartoII Coemc Brandy both Boo bond nul
drfv paid. Dog Head and nurkra Iof-
Ting Bass Ale and Guinness Stout. ot
Tom Gin. Scotch Whisky. N oasis. and
cr-es. ANA au other liquors ln great vac
rl.tv. del3i5.lt..l.l l-i,J
The times. [volume] (Richmond, Va.) 1890-1903, 1896-12-22

The Peace and safety Of Citizens Threaten
a.. Ny.uIasars


ed the Wanderers.
Tranns. both white and black, and
other classes of suspicious gentry are
playing havoc with the nerves of the
female population Of the western part
of the city. and they are also making
attempts al HOUSEKEEPING, and the locks
on the back gates and doors stand very
little show.
'Unless the City Council awakons to the
situation" said a well-known citizen yes
terday, we hetd tNp,C1 ~
relief Justice Crutchheld mas
substantial object lessons before him
every day. If the city will provide for
work for these tramps to do, such as
working on the suburban roads cleaning
Shockoe Creek, or cutting the wood that
is provided for the citys poor, and which
is now being sawed by contract the city
would be bothered with very few tramps,
for they are not looking for work.
Last Saturday an old negro washerwo-
man after delivering her weeks washing
was returning home through Laurel
street. near the Park, when man sud
denly appeared before her and demanded
money. The old woman became fright
ened almost into convulsicns. and sank 10
her knees begging the man 70 spare her
She had purchased her weeks supply or
groceries and had them I'm the basket, but
did not have a penny In money
Take my things but don't hurt me-
said the old woman.
81 want money. and must nave IT, re-
nliod the man. as he skunk away per-
haps 20 tackle some one else In the dark
ness that IS prevalent in that neighbor-
hood.
A few DAYS ago n negro man OF ebony
hue entered the house Of citizen living
on Clay street. near Monroe. He de-
liberatelv went up the 'front.' stairway
and when ordered down and out by the
lady of tho house he grew abusive ana
threatening. No one knows what might
have happened II the husband OF the lady
had not entered the house. tie ordered
the man to get out Immediately. where
upon tho negro drew a murdorous look
ing razor from his pocket and brandish-
ed it dangerously near the mans face
At this point a young man who rooms
in tho house appeared upon tho scene
with a pistol. with which he threatened
10 shoot the negro If he didn't leave tho
house AZ once. At sight Of the revolver
the negro almost fell over himself In
getting ont Of the house. Had circum-
stances been different there Is no telling
what might have happened In that house
hold
Not long ago little negro bov Of 70
spectacle parents. living near the r. f.
and p shops. was found missing for
day or two. Finally he came back and
reported that he had been carried away
by n gang Of men who wanted him 10
beg and steal for them. He escaped and
returned home.
Besides these incidents, attempts arc
made almost nightly 10 enter the houses
OF citizens for the obvious purpose %
robbery.
The police force can do little IN the
premises with hundreds Of tramps IN
the city Il f. impossible 10 keep watch
upon them all.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-12-22
HEY DrDDLE-DtDDLE.

a fight IS now en- between the coffee
megnatos and the sugar magnatcs which
may result IN giving us cheaper coffee
and sugar for Christmas.
Some time ago tho Arbucl<les uncxpect-
cdly branchcd ont into tho sugar bust
ness. A large refinery was built IN New
York. and thereby the Arbu;klcs became
tho competitors OF tho American Rein
ing Company The latter Of course. was
not AT all pleased AZ what 1t considered
bold intrusion
At FIRST the sugar people offered TO buy
out the Arbucklc plant. but the latter
Indignantly refused.
Then the refining company concluded
10 flank the movement Of the Arbuckles
and declare inexorablc war. Its repre-
sentatives opened negotiations with the
Woolson people at Toledo. who are
very close second TO The Arbucklcs in the
coffee business. ana Lawrence Newman,
one OF the largest shareholders of tho
Woolson Spice Company. went to New
York. 20 confer with the sugar people.
lie is there now. it is said. and has prac-
tically closed the deal. whereby the lat
ter combine procures control of the
Woolson properties
They say I'm New York that the battle
will be fought TO the bitter end which
we take to mean the coffee end, and 1t
is quite as probable that IL viii also be
fought 10 the sweet end which is the
sugar end. II reminds one Of that famous
domestic episode in which tho dish ran
away with tho spoon. Now. If history
should repeat itself and the sugar bowl
and the coffee-pot should begin to pummel
one another at the breakfast table. don't
be alarmed. just remember that the fight
means stronger and sweotcr coffee for
the same money. The little dog viii
laugh to see such sport, and the COW.
who supplies the cream. will jump over
the moon, in very giee at the result.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-12-22
MIR. CARLIsLE'S REPORT.

The annual report Of Secretary Tar
iisie. which was Transmitted to Congress
yesterday. must command the attention
Of that body The Secretary points out
in the first place that the issue and re-
demption OF circulating notes is not
proper function of the government and
that the government is not in duty
bound TO issue public obligations merely
for use in the transactions Of business.
Moreover. he believes that it is contrary
10 the Constitution for the government
so 10 do. He then goes on TO show the
danger of outstanding notes, which con-
stantly draw upon the gold reserve, and
saws that the only remedy is TO cancel
them. He gives fair warning that al
though gold has been coming our way
for some time past. the tide will event
ually turn against us and that the gov
eminent will then again be called upon
TO furnish large quantities of gold for
export and for private account. as has
been the case too often in the past.
MIR. Carlisle proposes TO retire these
notes permanently by the issue of bonds.
but whether that be done or not, he
urges that the Secretary of the Treasury
should be given authority to retire and
cancel a maximum amount of notes each
year, when voluntarily presented by
holders and redeemed in gold.
AS substitute for these notes Mr..
Carlisle proposes such amendments TO
I.
NIT the issue Of circulating notes equal
in amount to the face value OF bonds de-
posted and the reduction Of the tax on
such notes to ono-fourth of per cent. per
annum. and that authority be given to
establish branch banks for the transac-
ton Of all kinds Of business now allowed.
except the issue of circulating notes.
We fully concur with the Secretary in
saying that the government should re-
tire from the banking business. and we
believe IT absolutely necessary TO the fl
nancial welfare OF the government that
the noies referred 10 shall without con-
traction be retired. We have no OBJ
lection to his recommendation as to ma
tional banks. but we do not believe that
his recommendation goes far enough. MIR.
Carlisle makes the point that 1t Is not
the duty OF the government 10 furnish
paper currency for the ordinary transac-
ton OF business. and yet under the plan
which he proposes he does make the gov
eminent indirectly responsible for such
Issues and would confine the circulating
notes to one class OF banks directly UNI
der the control and supervision Of the
government. while his plan prohibits all
other banks OF whatever character from
issuing paper currency. We believe that
Mr.. Carlisle should. In consistency have
gone step farther and have recommend
ed that the prohibitory tax on the issues
OF State banks he repealed. 80 that the
banks OF the individual States might be
free TO issue their notes under banking
system TO be provided by each State In
the Union for itself. That Is the way