The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1896-01-07
THE ONLY REMEDY FOR THE
FINANCIAL DIFFICULTIES.

| the folio wing bill we Will soon nave re
lief; nothing short OF it will answer:
SECTION 1. That henceforth the gov
eminent shall pay for ell fine silver
bullion that may be offered at 81 90
per ounce, less the usual cost of part,
ing, casting into fine bars, etc. To the
above charge shall be added the cost
of, converting said bars into coin, say
! of per cent. Tnat said silver bull
lion shall be paid for IN 8ilVeT coin Or
other currency, at the option of the
| government.
SEC. 3. That Congress shall, with as
little delay as circumstances will admit
of, order the issuing of two billion five
hundred million e. 500 .OOO, OOO dol,
lars of full legal tender United States
Treasury notes, irredeemable in coin,
none of a less denomination than 81
That of the above amount two billion
q 1000, 600, OOO dollars shall be issued
pro rata to the several States and by
/ them distributed among the counties
to be loaned for a term not exceeding
twenty years on real estate securities
at not exceeding 3 per cent. interest,
interest payable semi annually.
SEC. 3. That in addition to the above
amount, an additional sum shall be
issued sufficient to redeem the entire
amount of outstanding greenbacks.
National bank notes, silver certificates,
gold certificates, and any and all other
kinds of paper currency now outstand-
ing. That said greenbacks and other
currency, when redeemed, as afore-
said, shall be destroyed. That said
legal tender Treasury notes when paid
into the Treasury shall be again paid
out and thus become a permanent cur
rency.
SEC 4. That no contracts payable in
other than lawful money" consisting
of gold and silver coins and the legal
tender notes above described, will be
permitted, and that any deviation from
this will work the forfeiture of the en-
tire debt.
SEQ 5. That any person who shall
directly or indirectly adopt measures
for the purpose of d~iscrediting any one
of said three currencies-gold, silver
or paper shall, upon conviction
thereof, be fined one thousand 1000
dollars and be imprisoned in the
county Ill 80 days-one or both, at the
discretion of the court.
SEC 6 Toat the residue of the above
two billion five hundred million
q, 5000 600, OOU dollars. to wit, five
hundred million 600, OOO, OO0) dollars
shall be used in defraying the ordinary
expenses of the government, or shall
constitute an additional issue to the
several States, to be distributed to the
counties in the name described, at
the option of the Secretary of the
Treasury.
SEC. Z. That an appropriation is
hereby made, out of any moneys in the
Treasury not otherwise appropriated,
to carry into operation the provisions
of the above act.
If two billion 1900, 600. OOO dollars
were added to our circulating medium it
would give US about S54 per capita. If
the five hundred million 600, 600, OOO |
dollars were also distributed it would
give about 81 more per capita, max,
ing a total of about SOL per capita.
France, including $287, 600, 900 of for
eign coins that have accumulated
Gssued by the four remaining nations
of the Latin Union) has about $64 per
We have about 1853, 7O8 miles of rail
road to sustain, which is over half the
mileage of the world. In addition to
this, zoe haze the largest pension list in
the world, and, consequently, we need
more money per capita than any other
nation on the face of the globe.
We are now in the midst of a most
distressing money famine and times
will never materially change for the
better until after the volume of cur
rency shall have properly increased.
Further delay in this important mat
ter UiU te sure to unnecessarily end IN
a bloody revolution or the de-
Of the government, n or
probably both. BRYAN TYSON.
This is John Baucher, Jr.'s remedy
e. 0~@~ H1Y--9. a. FL