OONOU8& (Twi CVtmnor.) 171 



* compromise bill, a meaeure which, m it 



h b ton i ' 



sjasjaji ' 



that ha* been . . 



, :.-. l.'V.: : ' ' v . - ' 



aoniaiiHat would nae preuar* 



* oireamsf anec*. and webs- 



MawVwl It ! A wtML. **! ft 



I 1% lav av ue>awjA| mjsjsxe) 



4t. a tr|, t..ani 



ve greater stability and I 



xiuntry at *l<lttion to tab tbe 



ual henkinjc law requires provided U la . arr liable to an amount jual 



banks dceiring to take out circulation shall u> tbe value of tbe amount of tbe stock which 



Treasurer uitad SUtas Uy bold in the bank. hit of tbe assets of tbe 



.tea, and currency may bank, out of tbe amount received fits, tbe par- 



be tosued upon tbsse bond M eonal-liabtthy clause, from tbe . 



par valur ..f the bonds. Oar bonds are now the guarantee fund tbe notes of any failed bank 



mium of M hank. Aft Iw* ejuiU paid. 



t.. ( mv $117 for the bonds, and only get - 1 desire to call attention to a few facts wfefafe 



to in rvt.ru m the ,ha|* of currency, tbe con- will snow conclusiTelT thai tbto provbion to 



now soon tnat tbe bsuano* of nation- ample for scoring tbe note* of tbe banks under 



al bank , um-n, T i. no longer profitable, and *u conditions. TV bill limits tbe amount of 



tlaAffM isa at JXllfit Ajfc****^ slaS f4 ft It alaTTB iffl tlssft fhAavssttCftsB\l Birrf^^ asvla^ala a\sa fttsmsjiaV sjsjasmv Iskk JisMJ siff 9ft fUsssV 



Vfl^Vw eV TM^eHUHIssW Pfef IMee^w V>4aW awfJOTMaW ^ usvusw vM WW ^BBe% ssVuv^ IsMV %^a% esV f W J^aW 



bank curreaey. which bat been goinr on for A cent, of the capital stork of the bank. Tbe 



M,. r. vbofe wnounl of tbe capital Hot* of all the 



national bank notes A ti..nal lnksat tbb time b M710IKMIOO; and 



n wa ooly MI.OOO^OO. if all the bank* ted State* sfcoufcl take 



he total ciirula- out al -.hey are etiUUsd 



tfaf medium<rf tbe Unitadfltatas outside of the under thb bill tbe wbob df^l^c bank omr- 



..f i.lli.-r .,,tintri.-. 



. " UKiOw wmijo W^w" * 



* fMchad tnt oonelorioo that a fuaranto* fund whicb to required to b ill iiMaHi 



bunil-vimlt i* n.. l..n k -rr n.^*%rjr in ..nl.-r !.. , thr TrvaMiry -f th.- I i.;t--i -*v |g Ma% 



rare bank t<inuUti..n. At thr taM MHion I bank, anmontior to 30 i*r ccnL upon tb dim- 



inin.luiYsl lull win. h i-r-.M-l-^l for rewiring Uti on anpl il for. would amou 



l, 000. TbTreaoureM of all tW national bank.. 



m well a* national bonds. Hut th.-n- WM thb which arr ultmmtrlT and reaiotaly raonafth 



ol.j-ti-.n 10 that m.-a^in-. that n.-.tri> lUflHl f., r ttM .:".,-. :..'-'>' A .-.-'. 



ol.j-ti-.n 



boodt were beld in th KaM . r al.nMul. and thai amonntod on Oct SI to J41^00lumi 



tneywere not arailabk in looaliUos wberecur- poa^Me HrrulaUoo of 



rency WM tcarco a* tecurit r for bank cirvula- be an arailablr goaraa 



of 9151.000,000.% f*y tead of 



> Dending bill does not require a depoait an d an ultimatr fund om of wbkn ibe 

 ItedS 



bonds nor any other interest. mn r failed bank could be paid 



lr to make proper se- 

 for the oimUating notes. 

 is fttmfltded flu AJI K^vK And your com 

 hare taken thb subject under tbe most of fjQjDOOiOOa 'if at tbal UnW aU of tbe M. 

 consideration, that there should be no tiooal bank, in tbe raited Hlate* bed 

 tting medium issuing from tbe banks 

 >,* absolutely salt, note 

 safe in times when everything b flourishing 

 pcmprn.iw. but iMifr at all t,tn~; in timr ,,f tj|kcll asj O,. f t :i 



hat the hill .hall be paid upon 



.:*, 



rat main 



s rf all ih- - hidi ther womld be ea^ 



only tied u -I tbea been to fr~. 



and and if all the banks that ssiiiiJii bad also 



it QafSjdOsi ami can not be n 

 parposa of being used M * deposit 



-ulalkm. 



cm-ulal 



f tbe ssruritT 

 tesToarco 



... ,, ., ..,,.. 



' 



