The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-12-08
FINANCIAL SYSTEM.
Recommended Thu, Grccuhncts. Re.
dc"mnhic Ia coid lie Iirtir-d.

-. ~,
WV "'' ~ UNIV" 'nn' un
u't the present inw our people obtain the
ncvoGnrirH OF a comfortable cNnteucu nt
a chcAVcr rate than formerly Thla Go
,r,t,o, sr,,,,,,, ,,..,.,.
'''''""'' ''hN" " ~
wv F.'Pep'' Nu'y Oh every Just government
!" 'nuh' tno bufd'us of taxation as llRh as
I""Nlu"' h' lVup" hulnlu not be required
!" ''HhPu'Sh ms ptNl'H" o' cheaper NV
WV 'N''Pt "hutr 'he e'r'As al thor 2ovorh-
''o ., h'''HS''S hNne pihhly nihhlluNt'
'n's I'l'''uV' l" IN" rohultl"h ana pros
IV''a ~ oUr ,oNoh"'s h"tufh'ly HlBf'sIh an
nl"h'Vh 10 'up Weuhn'hh ana wees OF uuI
i'hnH,l'l W"houh' lucy nav" been iiu-
N''"''' P,'"N'" up'h 'H' hii'H'lhh III VIC
'"ufr'sH IN previous executive c0mmuhi-
'"''VH9 ~" '"' i''Nlthpf uhhH'i ol th"ir
'"hNtu'l '"loI"tlon pointed uut' without
nov Itpcd''hB th''n d'ihlls can not re-
'rH'h rom atalh uAiho3iy presenting ih'
i'oD''N'y u lho Ir",'pt reform 81 System
"pp"S'u 10 oN'Iy tn'o OF buuhu luahve auu
N"""" ny 'Np'll'h'c 10 U" iVRukh' VIVID
w e'"',s' t''" unu W. fl'A'y' nv ''l
NV 'Nl war Nhl'n ehp'h 'ie lpuuua
''""' VI w t"',. ""''H' "''' NUN 'uhN
l'n'' ohu' p'"uEh, ID ilH upin th' n'N'rur-
,l"n Oh biu"l'5' tnv "aAt'hN Oh our oouli.
10y AupN.aH'" ana the eN'lHnb.Nleht 81
brethren So arc now lAh' ana forgot
'V'u HE'n III" u'a.I',AlIE iohh Oh lU', VIZ
o3n'iI't .hla'iou Is pu' H"'ron memory
Mhiih tus'eih p"lilo'lr htntiNleNl Ah' h'opa
a,lN, trnu'r I,Elro iot lhoSe Wh" upo'y
n''u' Nui |ui thv,o IN,"hll9 WIN w 10
~ "a W., .'ems'" n,'n 1919 a" a" ~
cidcnt OF that tremendous struggle, fon
tnfc OF us financial nec"s'tlvs not oniy
u'suli,u l" our pr.Hoh' ehc"iih'uneos, o"'
''ani'suy disturbing hnunnpu " business
security ana an ever present agent OF mon
ttafS ushifosh'
n'.n"Nr wv ''hS nh "h'"S 'hk 'o"P"'ni
roiioi IRON iis hrprchlnE influence thls
'loulu not 'iili uh IN" lnis' hec"''.y Nv.
innu Wa 10 iprRet th' NuhIohn,sh vi PaS'
Violations am more coiiNihcru IMAM ever
we can nave no assured 'lhonc'a' peou" smu
surety uh''l Tue hoserhin'1t up,''n'y o''i,
thilohS' upon "h''h soiu Hlny ne "'hnnu
| ga 'loh tHs Hc"h"IF, ~" "n,i"'n"t i'""'
.lrcuih'loh ana uanoei'ou, in's ln'Hn' W
uoHe Us hah noon h'',tV'"I' iV,'i'.',i'','''Du
| ny 'hoir '@'hhhh' i"' 'o"b t'''' hu,'p p'''
I ing low RAE ~ ih'N'eH', "T Ny NUN ~
| dempuon WIN the pf"ce"hN oi huon no""s
| Even II ohly inc N"il'u otat"H n"lch hhpWH
hs kfcchpuehR were 'hus ie'lreh u - piop-
able that the TREASURY notes lhau'n III pay
| inent OF silver purchases uhdoI the hct "'
| july -, iNoo' no" palu III toiu' Nnon ~
na'ded wouIu n9' create ihu'" u'a' .
| anco MS they might from 'iilo " t'nl'
| when received III IN" treasury ny r'nohip
| tlon In god or Otherwise ne RfhdlaHS nnu
prudently replaced by silver coin Inn
plan OF Issuing bonds Tor the pnfpoHe OF
| redemption certainly appears 10, ne 'h'
| mos, euectivo aud direct pain 10 the need'
I'd reform.
In default OF this, however, " wouIh bl
a stop In the right direction II currency
obligations. redoemable In gold. whenever
so redeemed should be cancelled Instead o.
ro-iasued. This operation would be a SLOW
remedy, but It would Improve present con