The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1908-01-26
ALDRICH BILL
IS NOW READY
Many Important Changes
Made.
.--s--~s
ACCEPTS BAnEYs AMENDMENT
Amount Of Extra orculztion WIN
Be Increased.
one Inpsrss.t Eject Of Bin WIN -
Thaf me Government wm cuar- i.
antss P.ymena OF New


Washington. Jan. 25.--When tne
Benafe Committee on Finance meets
next Monday. Chairman Aidrich win
be prepared to exhibit the perfected
text Of his currency bill
During the recess OF the committee.
Mr.. Afdrsch has been engaged with
Senators Hall and Allison ana other
prominent Republican members o. the
committes in putting the ffnisninG
touches upon the measure and they
held their final meeting today The
from the principle underlying the
original measure. but Il win enbody
many changes. due primarily to sug-
nestion made IN the committee and
seeondarily to suggestions from out
siders.
changes win be one accepting Senator
Bafiey's proposition for the distribu-
ton Of the proposed surplus bank ts-
sue among the various states In pro-
portion to their banking capital and
surplus. This feature has been strenu-
nusiy contended for BY the Texas
senator and the Republicans have de-
efded TO concede not only because they
sonefder IL equitable, but also because
ihey think It Will assist materially
Ia bringing Democratic support 70 tne
measure when It reaches the senase.
senatot oensy IN * ~hirh snis fea-
E,v~ ~ @avar 4 prominent place. and
4 IL roe yaa dekhrtnined whether ne
win deslst when the action OF the
majority naenbsrship becomes kn0WE:
It is probable. however. that g VII 49,
,se.es,,t ana tsntlI the retention OF
u 49, 1880, ~ asa,sred
10y A. - aasI.er Synammsw,
Other changes. which y y heped
VII nAV9 ~ * < 7ses,neratfc parzy
1880 s.. es 1870 ana asnonx western
u ~ ss,szS~ 4 0nn lucreaesnx the
1.aas 80 a,rsrs nsrcfiAtfon alIowed
- ~ M fressn aaEo.000 geo provided
~ the ilrrs dTaEt d ne bill e stag.s
$500 - i, ,s,ss.,i.,soss ~ regard to-
" 1870 ses1sf sofsls, which che pm
xne ~ W .,.,ysr ,ss Z s.serfed Is security
rre1 1920 s..s-s-si.. fsssss.
~ thS il,iis efnnans Il Requires Elas
.sfsen whn66 bonda nmV BE Me1epeeN
49, - .s.s. e~rrfv Thousand IN DcpulH-
tsar ara nhalI break and shalt not
Ear ten years have defanited on 10y
$1,000 indnbtedness IN the new
gsast All 81 these restrictions ana
Senngflons Will be eliminated nna tns
authorities thus Will pc peEsns.ns ...., -
.,sss unon ali municipal bonds uRon
trseir merits at the time presented Lns
eanmittee also viii concede the cen
fsrfion that additional issues VIII %
,aruitted to the extent OF " ~ 49,
n fhe market value OF tne POM ~ Z
noaltad instead Of 70 per cspts - ~. -
arst Bill called for. This tattsF &C.. - * =
was suggested by the terms y
original national bank law. ....naai.
All these amendments shSes vSIso
to meet the demanas greater ,ex-
would proVlcs' srm,,ias ding medium, ana
secondly Tor n ls ~, sn,si,er and new
BILE treatment o. w .sss. 81 tha hope
err centeFs o. y opua ~ ~ xstlf have the
is expressed Sna s,.,es +he nieagure and
effect OF popni.... - - ~ - -.
OF expeoiLan9 ~ 1850 ~ the bfll as It
One import9nt M - sg,at 81 making
viii be placsos 4-ss.,sv-- dirhotiy re-
the United $3.50 s.,sv.$ ~ All hank
sponsinle ZOE Lns - -nsn into eject.
notes a1ter sns s,,,-r~-aion that uu-
There 70 popu ees.. XII there win be
der the terms Q. 80 .stas one ciass
two KINGS o. p maes md issued, ana
such as - now .ss .s-r,,,sfion to be
the otnsEs Sno 80 -, S - = 49,
issued under ne the. n ~ 80 49,.
Ne.ss ~ ~ 49,. 4s,.. a. an
Mr.. Adrtcn enas1ssss 49, trtsrt
entire mtSepprshsnnloZ s...s =. ~
Of the measure ~ sAJ ~, - ~, ~ &c.,
says that AL the notss ~" sas, - $500. *
but that they VIII y asS.n., s -.Ss..
the ones now provloeo LoL. a's:.. $3.50 -
ify the deposit OK governHesne gsa1s ~
railroad payment ann sha ~ 49,.
ton VIII be discontsn ~ .,,a-. thst 9he
will be legend 70 tne 81 - -
government guarantees Lne Pasl Asar,, ~
the notes. Inus, 49, 49,. ~ mi, ~