The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1896-01-03
RATIONAL CAPITAL GILLIN5S.
items Gathered from the Latest
Washington Dispatches.
sssk.ag to Release the National Bank Gold
Reserve.
'<lan to Absorb Gresnbacks-4 Labor Cir.
cular Issued More New onds-
che Worlds Cereal Crop
Short.

d WASHINGTON, Dec. 3O.-Representa.
tive Smith, Of Michigan, has intro
anced in the house a bill embracing
new plan to absorb the greenback and
? treasury notes and release in THEN
iestead the gold held by banks as re
: serves. The bill has been submitted
:. 70 SENATOR Sherman, Chairman Ding,
siey, OF the ways and means committee.
: and Comptroller Eckels, Mr.. Smith
says, and has been approved by them.
VIC The principal change which Mr..
y@miti9s plan proposes is the substitu.
1 }ion of United States notes and treas.
lhlFy notes, which include the green.
packs, and demand paper for the pre-.
4 aent requirement Of lawful money"
I 'or reserves. This would Withdraw
ahe currency which now keeps in mo.
.diOa the ''endless chain" and release
tlhe gold ia its stead. Mr.. Smith says
fihat according to the last report OF
lhe comptroller Of the currency there
vas in the banks individual deposits,
United States deposits and de.
Costs of the United States disburs-
hg officers the sum of S1,7l5, 1914, 800
n amount approximating the reserve
jyeQuired. He estimates that $3.50, OO0,.
of treasury notes and United States
otes would be Immediately taken up
ind held by the banks under his plan.
a Labor Circular.
WASHINGTON, Dec. Circulars have
I9een issued by Commissioner Of Labor
Wright to the labor leaders in the
,nited States, asking for suggestions
or topics for brief original inquiries
~ the department. The matters are
}oIuired 10 be non-partisan and to re.
he to the general welfare of the PEG.
Q. Among the responses is one from
3 Knights Of Labor general execu-
70 board suggesting the question of
q feasibility of the government
9eniug opportunities for employment
E government works to all such citi-
as as cannot secure work at any pri-
te employment The letter of the
fights Of Labor closes as follows:
leTe-e the ques ton Of aboishing enforced
eness and its attendant miseries and secur-
opportunities for all the men Of the nation
earn an honest living by honest work, all
her questions pale into insigGifcance If
20 viii take two Of your best men and let
~Ssi EOr. on this question with energy and
= diligence 70, two months and make an hon
fearless report on what they find, no work
have ever done since you took charge Of
~ { Office viii do yourself and the department
dor so much honor and credit as this work
Ing 70 throw light on the dark subject Of
-AsFcea tdleness and involuntary poverty.
New BOND Issue.
AsHIEGTON, Dec. 31.-There is now
unreasonable doubt that another bond
lsfle has been fully agreed upon, and
Fat the details Of q contract with a
Indicate Of which Mr. j. Pierpont
strgan is the head have been ar.
s9iged, so that nothing remains to be
esne to carrH = into effect but for the
,cretary OF Gne treasury to sign his
me thereto. Thus the president is
fsEpared for any emergency, and there
$40 doubt that should heavy with.
2 ;S5wals of gold for export again set in
;ipther issue would be announced.
bfe fact that there have been no with.
pawals for export within the last
,Seral days, although sterling ex.
range has ruled at or above the ship.
sc points, gives credence to an opin-
p bsld in treasury circles that the
.ssset has already begun to feel the
rleicate influence against exports.
Cereal Crop short.
AsHNeFoN, Dec. 80-Oficial cal.
atoms made in Russia and trans.
tied TO the state department show
{ the present years harvest OF
eals in the whole world is much
allef than last years, and compared
b 1894 the decrease is, in
eat, t5e4610OO bushels, and rye,
so. goo bushels. Other grains turned
better. In Russia, the harvest
short. 55,371, 733 bushels of wheat
1855. 4ss bushels ofrye. The Rus.
financial organ therefore com.
hsds the policy adopted by Russian
srs Of holding back their grains &c
ID better prices later on.
Erse Delivery 20 he Extended.
AsHIsaToN, Dee. 3o-A number Of
offices throughout the country
Be allowed free delivery service
blDlth. There are now 61e free
cry Offices and about 90 more are
Eled, under the regulations, to be
= the list The post Office de-
saent IS making q general investi-
On. butin many the sentiment is