davidaulloa/AmericanStories huggingface dataset:
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14
Real Estate for Sale

Nos CO and IS Twelfth street store, -.
No. s Fifteenth street, II rooms, mode.
lot S0Nls0 feet, '''S4t'S
4 very desirable dwelling on North Ma,
street. ~4la
No, us Fourteenth street, 0 room, i.
2S.9xl00 feet. @
No, 1908 Eoff street, IL rooms, lot o,,,
feet. ~ VAl9
No 9Gl2 Jacob street, rooms. full Ia,
A new residence in Woodsdaie, ro ,yS
grounds 7OXlA feet. 'V'I@
No. ll27 Alley II, 6 rooms, lot 60xi9O fs.,
only $500, ''eS
No. u North Huron street, room, l..
S0xl20 feet, only 200
=, M; 1926 Chapline street. Ii rooms, h,
=, No is Fourteenth street, rooms, i,
I Nos, i5lS, 1876 and 1877 Market stree,
Dwelling property southwest conn,
Twelfth and Eom streets 4V
No, 2 North Wabash street room,
Nos. galS and 2osl Main street. store
and dwelling. viva
A fine residence In Pleasant vau,y
grounds ShX5l0 feet. "''
A fine residence in Elm Grove, ae,.
OF ground sUs
Building lots in the country and on n.
From $500 to $4,000 to loan on City R,a
Estate. wa
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14

BUTFALo. Aug. 1a.-pates for arm

BUFFALO, Aug. 12.--Dates for army
corps reunions during encampment week
have been arranged as follows:
Tuesday, August "a, First and Fifth
Army Corps, to p. M. Second and
Third Army Corpa, TO p. m.
Thursday, August Goth, Seventh, F,lev-
enth, Twelfth ana Twentieth Army
Corps. to II a. M, Eighth and Nine
teenth Army Corps II a. m. to p. m.
Sixth Army Corps, to p, m Ninth
and Eighteenth Army Corps, to G y. m.
Friday, August q, Fourth, Thirteenth
and Fourteenth Army Corps. u II a. m.
Fifteenth and Sixteenth Army Corps. II
a. m. TO 1 p. M. Seventeenth ard TWEEN
ty.second Army Corps, to 3 p. m.
T'wenty-third and Twenty-nfth Army
Corps 3 to 8 p. m.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14
JOHN BROWN,
The Martyr. who Attempted to
Emancipate the Slaves.
"REMINISCENCES OF THE RAID

NADIA Upon Harper. Ferry IN Is59-Dan-
gsrasld Newly, who Lived at Bridge
port, Ohio, aud who Cast Ills Fortunes
with the "Librrator' la an Attempt to
Free IIl' Family, who were slAvsI-shOt
and Killed by Virginia AIlIltiA-HiS Sur
Vivlpg brother, "Gabs," Now Operates
bridgeport barber shop.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14

WASHINGTON, August 13.-Actlng
Secretary Roosevelt has made public the
report of Commander Davis upon the re-
suits of his investigation into the con-
duct Of the NGY York navy yard in its
construction depar mont by Constructor
Bowles. The commanders report COM
pletcly vlrdicaucs Mr.. Bowles manage
ment n: every point, and Acting Sec
Rotary Roossvelt has accepted In full the
concluslons reached
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14

WASHINGTON, D. G., Aug ia
practicable application of the homeo-
pathlc principle of like cures like Is de-
scrlbed by Consul German ut Zurich.
Switzerland, In report to the state de-
pnrtment transmitting treaties upon
snake bites. In brief. II shows that the
bite Of poisonous serpents like cobra,
adder and rattlesnake. Is n powerful
antidote for the venom of like snakes.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14

Special Dispatch to tho 1ntellIgenccr,
b WASHINGTON, d. G., August ia
Pension certificates have been issued to
West Virginia applicants az follows:
orlglnal-George r. Kennedy, Pied.
mont: Casslus q. Wortz, Graham's
Mines.
Addtltional-wllliam j. Brown, Gar.
field.
Incrense-Euganus sypolt, Klngwood.
Reissue--Joscph Lovctt, Bryan,
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14

DON'T nnDHcnto your stomach with
teas ana IIttlr herbs, but regulate your
liver and aick headache by using those
famous lllilc pills known M DO Wltta
Llliln EARLY ltHnrs Charles II Goethe.
Market and 'rwolih streets, Chatham
Sinclair, l'orty.sXth and Jacob streets,
a, ". Rchoolf No 6Oi Main street, lGE-
10y Bios Penn and Zane streets;
Bowie g. CO., bridgeport, 1
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14
TJIRUsTEEs SALE.

by virtue Of q deed Of trnst made by y
II GlllCBpv and Llzzlc D. GllcsnN hlg Wiz
to me. ~ trustee dated December ~. wv
and recorded In the office Of The glgrNu'
the county court OF Ohio county w w
Yin Decd Of Truet lionl, No, ~, mage w
which decd was mndo to secure 4 hnH
made and signed by Mary V, llcnpcll Nlt
the property described In said decd q, WV.
was on the an day Of January, lMg vo9,'
NOycd by said Glllcgpy and VIE W ,M..y
thew Bennett, the husband Of shii MaB
" Ucnnctt, I Will sell NJ the nnrln TOM nn
door Of tho court house at ohio county. W.
SATURDAY, rllE 4Tu DAY OF SER
TEMNEH, 1871
commencing nj 10 o'clock o. m, the iGI'
lowing described property, that w. 10 hat
The south hhlf ot lot number slN OF slllhit,
number nlno I'm i ana ! H. Tinker tnou,urI
ton to the city Of Wheeling ono gv.,..n.
West virginia said half lot tTuhtlnl WIKI
~ feet on The east side Of bnltlm9ii,i n, ana
mud extending hnck Of even wlulh W."
hundred feet to the public 1llrN, 49,, a.
TERMS on EALtlaOnc.thlfd anu ,w
much more ~ the purchaser olGcN, NINA
IN cash ON tho day NJ nnln mo u1t ,wo
IN two ruuhl lnalNllmontn ny one nHl J,v
years notes hearing interest from Xxx.
ot sale to he given for the dolorf'u WV
''''' WI, w, CowpilN, Tfu,,s,
w, II, IiALLlR, Auotloneof AN
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14

LET me rive you n pointer" aald
NJ n Gregg, q popular conductor on tho
Missouri Pacific railroad no gou
know that Chnmborlaln'B Collie. Cholera
and DArrhocn hcme1y cures you when
you have the stomach ache? Wei, IL
does" and after HIvlng this friendly
bit NJ advice, The Jolly conductor pnsH.
90 eh down tht aisle. II in a fact Tint
thousands 0f rallfOnd ana travelling mon
never take q trip without bottle OF
thI7 liomody, which IN the host euro for
bowel disorders IN tho world 20 ana 30
cent bottles for sale by drugglsts.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14
ELKINS SPEECH
On American Merchant Marine
Discriminating Duties
DELIVERED IN THE SENATE

Is Attracting the Serious Attention OF AN
Who Have at Heart the Welfare of the
American Carrying Trade on the High
ssas-Ths Need OF Discriminating Duties
Pointed OutBy an Able Writer on the
subJsot-what tho Bnl the West Vlr-
VInia Senator Advocates Means.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14
DENTISTRY.
DENTIST
RESTAURANT AND CAFE,
IIIE MlCMAM RESIAURANt AND CHI
ilOR NIAIlIIET sTIlI;I.T.

Warm meals served IN their ho1t rtyic.
DlnlnU roOmH cosy and anlill All short.
order cooking, ana prices reasonable only
roainufnnl that provides htat-clnaa
Ladies' and NuntlOmpn'H Dining pnrur
Entrance on Fourteenth street
Merchants Hot Lunch daily Roast llCOf
mud Potatoes CuffOo, tread and Hutton
~ cents ulll changed daily
!uib d, DRubAKER, Proprietor
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14

FOR any Of those unexpected omor-
gonclo8 common to children In the num-
mcr. Dr. l'owIor's Ext, Of wild Straw
berry ls an unfnlllng cure II Ia M
tnroR specific for summer complaint In
all lig forms
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14
Only Time bismarck no,vcd Ills Head.

MADRID. Aug, 13-prlnce Blsma,cy
in his telegram of coincidence to sonora
cnnovas, says: ~ have never bowed
my head before any one, but I bow II
every time l hear tho name Of Cano-
vas"
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14

So $50. HssaFs'am So elmsIm""H" 81 90.
Saturday, August IAN, via Baltimore
& ohio. Tickets good returning glx dnys
and on all regular trains.
Y. g. BURKE,
g, l., ct, A,
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14

WAIT for the Retail Butchers protoc.
tive Association picnic and barbecue, to
be held at the Wheeling Park Thursday,
AuEmHL 30.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14
FINK g. BRAUNLICH.
Phone GS7, I1i3 Market street.
REAL ESTATE AGENTS.
TRUSTEES SALE.
TRUSTEES SALE.

TNRUsTEE's SALE.
BY virtue Of n deed Of trust made by
Jerry Crawford. wtdower. TO the Hndef.
signed, as trustee. dated July |, A. D. lSi,
and recorded in the office OF the clcrk o.
the county court of Ohio county West
Virginia, in Deed Of Trust Book No 49, a.
page GO, | Will sell Mt public auction 10 NE
highest and best bidder. at the north front
door OF the court house of said county, IN
the city OF Wheeling, W. Va, on
SATURDAY, THE 4TH DAY OF SEP
TENDER, 1897,
commencing at 10 o'clock A. M the fol'
lowing described real estate situated IN me
said city of Wheeling, that Is TO sayi
parcel of ground situate In Wheeling, West
Virginia, on the east side Of EOf street.
between Eleventh and Twelfth streets and
bounded ms follows Beginning Vt point
on the east side OF liofr street, torty'iW9
(i2) feet north of the northwest corner OF
the Methodist Episcopal church lot thence
eastwardly with the southern line OF a
piece of ground belonging TO hoDes
Strange, one hundred 600 feet to a twenty
foot alley thence sOuthwardly and para.
lei with 1Goif street eighteen QN feet,
thence westwardly and parallel with the
line first above mentioned one hundIea
400 feet to Eoff street; thence northWHIl'
ly with tho east line OF Eoff street eighteen
Q0 feet TO the place of beginning. together
with the improvements thereon, being lnc
same property which was granted and con
veycd to the said Jerry Crawford by WI,
lam Linch. trustee. by deed dated the lNh
day Of March, 1859, and recorded IN tne
office Of the clerk Of the county. court .,
said Oblo county In Deed hook NO d.
page 2Gi.
TERMS OF sALE-Ono-thlrd and ~
much moro as the purchaser may elect 70
pay In cash on the day Of sale, the balance
OF the purchase money IN two cquAl i,i
stullmcnts, payable respectively at one ana
two years from the day Of sale, WIN "
torest from that day, for each OF whlen
deferred instalmcnts of the purchase
money the purchaser shall give nus Nv,
EOtiablc promissory note, bearing ihtoigI
from the day OF sale as aforesaid, TO ~
secured by the tttip of TIM property SYN
hVIng retained untll the payment IN nv
Of the same, or hy deed Of trust ON Wv
property sold to he drawn, aclnowlelg,l
and recorded at the expense OF the nu''
~ GEoRGE II. CALDWELL, Trustee
WILLIAM II. HALbER, Auctlonccr,
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14
REAL ESTATE.
FOB SALE

The very desirable residence n, \,
South Penn street It Is 4 mo5.Na I
Toomed house; the grounds consist N, :
lots, two irontins on Penn street ass 10y
from street to street. Tho o,rp| @s'eeg,
many rare plants, shrubbory. sb,5 IA
fruit trees one OF the most S".f 81
on the Island The 9v'l lsti
about to remove from the city il MI q
for sale. VIII sell as u whole or dlvi, =
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-14
FOR SALE.

Fifteenth street property-resIdcncc oi
10 rooms, with all conyeniences. at bar.
gain.
Building Lots. size Is or 30 foot, at -
per foot. for short time.
Cottage Of rooms, with all convent.
onces, between Jacob and Wood streets
at u bargain.
Money to loan on city property on short
notice.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-29
WISCONSIN LIBEL LAW.
Legislation Providing for Retrac-
ton by Publishers

MADISON, Wis, Jan. 28-Assemblvman
Jones opened the music this morning by the
introduction of resolution providing for the
appointment of subcommittee of the iudlc-
larry committees of both houses for the pur-
pose of revising the statutes The resolution
provides for clerk, who will probably be
Librarian Bergman.
Assemblyman Taylor, of Marinette intro
ouced resolution providing for the non
introduction of dead-head bills These are
measures which have formerly come in with
only their titles and have later been filled
out
New bills: Increasing the liability of rail-
road carriers; making an appropriation for
the beet sugar industry.
bill was introduced changing the existing
libel laws in Wisconsin. 1t provides that
when paper publishes libelous article, the
publication of a retraction may be used by the
publisher in mitigation of damages. 1t also
provides that no action of libel shall be based
on reports of legislative of judicial proceed
ings, and that before any action shall be be-
gun for libel, notice shall be served on the
newspaper publishers. In cases of retraction
only actual damages can be recovered, and
the retraction must be considered by the Jury
in estimating these. In cases of retraction,
the latter must be published in the same
type as the original article.
In the senate Withee introduced a resolu-
ton asking the university regents to report
the number of professors and their salaries
and the number of students to each professor.
The appointments made yesterday by the gov
ernor were confirmed.
Bills introduced: Devos, to amend the stat
utes relating to publication of notice of sales
OF lands for non-payment Of taxes; Green, to
protect game BIRDS Whitehead to give pas
sengers on trains the right to carry $50
pounds of baggage without charge and bicy-
cles are made baggage, the passenger being
required to cover the wheel with some pro-
tecting material; Whitehead, to prohibit the
sale of cigarettes and cigarette paper to min
OrS.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-29
OUT 0FTRE JAIL
BUT THIS TIME ACCOMPANIED By
OFFICERS OF THE
LAW. 'ess'''--
QUINN GETS NINETEEN YEARS.
HE IS NOW BEHIND THE WALLS
OF THE PENITENTIARY AT
SALTWATER.
MAY WHITE GOES TO ST. CLOUD.
Phillips, the Third of the Trio,
Also in the Reforma-
tory.

There was an exodus Of prisoners
from the Jail yesterday, but this time
they were accompanied by officers. May
White and William Mitchell went to
the reformatOry, the former in COM
pany with MatrOn Woodburn. She was
in the best Of spirits, and INDUCED in
the pleasant pastime of snOwballing
paSSers-by en- route. Arrived at the re-
formatory, however, she Gained down
somewhat, and when it came time to
take leave of Mrs. Woodburn She
seemed tc realize that the trouble was
serious. and fer the first time since her
trouble she broke down completely and
sObbeG like a child.
Quinn and Lynch were taken to Still
water, and were closely watched. They
are both looked upon as dangerous, al
though in the past Lynch has been
thought to be tractable, but a razor
was found in his possession shortly be-
fore he was taken from the Jail, which
made the jailers more cautious in his
case.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-29

Minneapolis Dry Goods company, to
steal $6,05471 from his employers, July
8 last, was placed on trial before Judge
Relden and a jury yesterday.
John r. Gordon was the first wit
ness, and by him the loss to the COM
pany was proved, also the details Of the
incorporation of the company. Edmund
J. Morrill, was next called and sworn,
and he told story almost past belief
III it's very boldness. Stripped of the
questions and exceptions, the story is
as follows:
BLAKE first proposed the scheme to
me two years ago, when he came to me
with a check, which he said was given
by party who was to take out an in
surance policy He said the man would
have to be examined before he was &C
cepted, and it would be a long time be-
fore the company would require the
check, and he showed how he could
give me a commission for caShing it.
After time he showed the scheme of
paying policies. He said it would take
some time to have a claim passed upon,
and he could cash the claims for par
ties, by discounting them, and he would
divide the discount with me. l would
pay him the money and he would give
me his note. He always paid me my
commission when he gave me the note.
Some Of these loans were paid right
to the drug store, corner of Nicollet
and Sixth street, for him to get. He
said it would not look we'll to have
him seen at the Office too much. Some
times he gave me checks to take up
old notes, or notes that had become
destroyed. Sometimes he wrote to me
asking for money"
The state presented ninety-three
notes, signed by Blake, aggregating
ST. ,000 and the witness identified them
all as having been given him by Blake.
Witness was given excuses by Blake
very frequently for not paying the
notes, saying that he was using the
money in other deals, the profits Of
which he would divide with Morrill,.
Three letters were preserved by the
witness, in which more money was
asked for, and in which excuses were
made for not having taken up some of
the notes. The witness swore that he
took the money from the drawer of the
Minneapolis Dry Goods company.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-29
SILVER IN EUROPE
THEIR VIEWS EXPRESSED BY
PROMINENT BIMETALLISTS OF
THREE COUNTRIES.
ENGLAND BLOCKS THE WAY.
FRANCE AND GERMANY SAID TO
FAVOR AN INTERNATIONAL
AGREEMENT.
ST. LOUIS PROGRAMME
Lord Alderman Sees No Reason Why
March Should Not See 1t Car
ried Into Effect.

LONDON, Jan. 28-The February
number Of the National Review will
contain an important review of the
bimetallic situation in Europe, by the
leaders of the movement in England,
France and Germany, and arranged es-
pecially in view of the visit to Europe
Of Senator Wolcott, of Colorado, who
is now in Paris. Edmund DArters,
secretary Of the French Bimetallic
League, contributes a careful article
on the situation, and the steady growth
Of the movement in France. In it he
declares that there is no doubt that
the French government, and a great
majority of the French parliament,
are in favor Of bimetallism, adding:
Our hopes today are greater than
ever, because we believe that the
American election has revealed to Eu-
rope generally, and to England es-
pecially, the impasse (blind alIey). into
Which gold recommendation has led the
world. 1t has been shown conclusively
that internationalists are far more log
lcal partisans of sound money than
monometallists.'
DR.. Otto Arendt, member uI the
reichstag and of the Prussian diet.
honorary secretary of the German Bi.
metallic league, declares that only
England blocks the way. Germany, he
adds, will participate in a conference,
called by any other power, but, DR.
Arendt explains, will not, as in 1892,
be represented by fanatic gold men,
but will contribute by raising and fix
vii Of ciJr + IL
free trade and Socialist press, with
tho entire parliamentary Left are fight.
ing the double standard, which they
represent as a means Of enabling debt
ors to repay gold mortgages with de-
preciated silver, and as illegitimately
enriching American mine owners. But
tie Left neither controls parliament
nor the government. "And," contin-
ueS DR.. Arendt, Should a conference
be summoned, the German parliament
can be relied upon to be its strong
support
Lord Alderman, who is a director Of
the Bank of England, devotes much
space to refuting the argument Of the
gold standard defense association
which declares that Senator Wolcott
was unable to answer the first ques-
tons asked by English bankers and
traders. His lordship thinks that the
month Of March will enable Mr.. Nc
Finley to carry out the st. Louis pro-
gramme in regard to bimetallism and
concludes with remarking: There is
no doubt that France and the United
States, by agreeing together, could
themselves maintain a bimetallic law,
but for greater certainty and conf
dence, 1t would be reasonable that
they should ask for England and Ger
nlany's cooperation"
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-29
ALLEGED INSTIGATOR OF BROM-
LEY's MURDER AT CAMERON
JUNCTION, WIS, CAPTURED.
STRANGE STORY OF. JEALOUSY
THE SECOND VICTIM WHO HAD
BEEN RECIPIENT f!OF HIS
WIFE'S. AFFECTIONS.
Fullerton Makes Big Seizures of
Game ut FargO-Nevs of the
Northwest. @44 FN
Special to the Globe.

Special to the Globe.
EAU CLAIRE, Wis. Jan. 28-Today
information reached here Of the arrest
at Little Rock, Ark, of Edward G. AL
len, on the charge of being the insti-
gator and accessory to the murder Of
Henry Bromley, who was found muir
dered near the railroad bridge at Cam
eron Junction, Nov 2, 1896 Allen was
discharged from the state prison at
Waupun last September, having served
a. term of six years under conviction of
the crime of manSlaughter in the sec
Ond degree. The murdered man was
too friendly with Aliens wife Mrs.
Allen last winter began proceedings
for a divorce, which was later granted
her, and following which she married
Henry Bromley. Last February an Ital-
ian, under the name of Thomas Rosso.
was sent to the state prison from
Dunn county for term of six months
for grand larceny and was DISCHARGED
the following July. In December Qast
month"; as Thomas Rosso he was con-
Victed in st CroiX county for burglary
and sentenced to a term of three wears.
About this time, the Barron county Of
fcerS obtained a clue which led them
to believe that ROsso had murdered
Bromley Armed with what evidence
they had of Rosso's guilt, they went to
Waupun and drew from him his con-
fession Of the murder. He represented
that he had met Allen at the prison on
holidays when the convicts were at lib
erty in the yard and that Allen had
hired him to kill Bromley. Following
this confession a warrant was issued
for Allen, who had been heard from
in Texas, having gone there to get work
in climate which would help to over
come pulmonary difficulty from which
he claimed to suffer. He has been fol-
lowed out of Texas into Louisiana and
after long chase has, been appre-
hended in Arkansas, and will now be
brought to Barron county under ex-
tradition and tried. Rosso made an at
tempt to escape from the prison early
this month, but did not succeed in get
ting outside the enclosure. , ..- ,..-.-.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-29
ECKELS ON FINANCE.
Some Good Advice Given the House
Committee.


WARRINGTON, Jan. Comptroller
Eckels, OF the treasury department,
today gave. his views on the financial
CONDITION of the country to the house
committee, on banking and currency.
Several bills introduced by members
of the house had been referred to Mr..
Eckels for his judgement, and he an
alyZed those, giving his views on the
money question in general. While there
was no doubt Of the necessity for
changes in the government financial
system, Mr.. Eckels said, the public was
disposed to attribute too much of the
existing troubles to the the lack of
monetary legislation. Over-trade.
over production and extrava gance in
private and public expenditures, partly
induced by speculation, were largely
responsible for the country's difficult
ties. The day had passed when the
volume of money was its most import
ant factor Improved facilities for
transportation and methods of ex,
change had lessened the Importance Of
large volume. Improved credit was
more important The first essential in
this country was the stability of public
credit. The apparent reluctance of the
people of the United States to redeem
their public obligations was the chief
cause of distrust
The current redemption of the de-
mand obligations of the government,
he added, was the chief problem of the
treasury. The funding and cancella-
ton of these obligations, so that the
maintenance of a gold reserve would be
nc longer necessary, was the most de
sirable policy; whether it was the most
practical one was the question. So far
as the contraction of the currency was
concerned, Mr.. Eckels did not think II
would follow gradual retirement OF
the greenbacks, provided confidence
were reasonably stable. Banks would
supply the needed currency or gold
would come from abroad. The pur-
suance of Secretary McCulloch's policy
would have disposed Of the question.
Mr.. Eckels added:
GA business man, who constantly re-
deems his notes without retiring them,
an keeps them out constantly will come
to a settling day that will break him.
The chief feature of a banking bill
would be to take from the government
the issue of credit notes. The banks
can do this"
Banks conducted on practical bank
ing principles instead of as speculative
enterprises, Mr.. Eckels said could
satisfy the currency needs of business.
Before the war the banks had always
furnished sufficient gold for business.