t
THE MUDLEBURGH POST.
GEO. W. V.'AOENSELLER,
l'il;tnr nnd I'roprio tor
MeUbl nrgh. 1'u.. January HOI.
PENNSYLVANIA LEGISLATURE
Important measures Considered by Out
Lawmakers.
M 'Mt - fieri. iobln, ot Lebanon, l'it ,
Introduced l.iil!- in V.n o-iinl" to-ulglit k ill i
fur the cunt in u.iti o ol tlia Indian tort Com
mission, t j iii'iT 't riato tw,'Hiij to pay tlio
Commission, iiu t i',0,Wi to it 'it necessary
tablets.
To llx tlif.it ri Ml licenses at In cities
Ol til'.' Ilrst cl.l. t2 ) III cte I t li S"c illd
(la-. 1 7.) Ill eltl" ill till thill class, llti l 4JJ
in boroughs uti I to.viis'iif s.
To r- quire r" -riti .ms to pay entire bonus.
O'i th"lr capital slocK on tin- luc-vrji'jrati.jri of
any company liable I. r bonus.
To IliloW i jr.li-crs ol Collnt'Tll In-
lif rit:uiio $2 n J ny v.h'u in actual eor
Vl'".
To S propria!'- ), 0)1 I t rf-rti in of ap
f r :ii'',ii-j to the surroundings m tli'i eques
trian statu" ! Maj. tun. M- a ! oa tli iicltys
Lurg buttleiieid.
Andrews ( rn'.vfnf'l i -I'r vl ling tor Mto
ut.l erection uf u stale n-ylum fnf chr mil
insane, to I'll lo",tti"l at litll-VIII', III" Cost
of grounds and tuildliig lint to cx.ced
iV'.noi).
l:r-w- r i I'r intliti'i ladl-ia! apportion
ment till and Inl lot -tat l.sh circuit court of
III "alS.
M'Viown i ( 1 'iir:l'! 1 1 iT-.vilin.t for n
Mat" I " 'iiT' I i! .i:iilll' M t i o finite ail
St I bills o law.
K"iitn' ly ( Allegheny i - l '.r ft-'i'tiin of
I r.-.iiii - unable to Tir- ! r lli-ir pi 'yrty.
I'.i;'f- i.i th" l.-i tin '!i '"'i'-t : ! .n
- was ri-it.Tf.l to ' m.tt.itt u coc-
tii. tii.
Mr. Kennedy, of Albvlioriv. prc'iit'l
resolutions uf tlif Ailegiicnv o n.aMs a ,Miut
:!; "iif;itiT iTi-burg " I ill.
In th" lion-" t ! bi.l- wT" Introduc-d
I.itwr. nee u( Wii.-intigtoti. for appointment l y
governor ol n t" nr I ( holier tn-( irs, em.
istltig ol oil'.' i.r tvre Irom :!! judicial
di.-:rnt.
S-hiT'ir.f. Moi.r"''. r ivi ll:i ; f ir tinlf ir::
n'i'liiiiK i I a .,.i::i.' mm ri.
V.il..ii-", Am . -Ii' iiy. ...lUti, It uti!:i'.vft;l fur
n""inl -ing" ol I II" uu l iio.-t": o'j 'Tow In oil
Jllk'll wv
(ri'-kx. ( lint"!i, a ; r rl'iUoii of 5" ':.
(JfMI to .' Ilu. ii tii-riuiil ::i'..
liilp, I'cUw.ir". a.it!i'.il.ln btr'." t railway
Co tn iri ti ! to iMiry iri'ltfM.
'irmi-r, I.iiZ'Tii". r i i j 1 1 i t i t; flnol illr'M't
i t to pr-vi'M m il" aii'l li-:uu.i t- i 'Ipt from
W".inui any r".ii!io'i kt'irii or uiii'"riu "f any
rlvli', military or i 'liti il or i'ii.:.itio:i wiiiiu
'hity.
Nl. li ol, I'tillal"l'!ili. "npovrin rlti"-'
till liorou,:li to i'ioi'it ri'j. -L'tor- ol f jjil,
cattl an I m.irki't u 'ii '.
Sr.iltii, Ji:.roii, a i'.Ii orl. hi' j':i!l" t
n-li'i't a jiiry ol tw nly-l our i r ; i . wli'i
t-huli luivi" cii ii" 'lu'iliil 'iitloin a o',!i.t jiror.
totiy t-rl in i it it 1 ivi" o(a-ai!t nn I Iri'.t'-rv.
' ail'. t. I hiwti'r. to U'T ';'ri;ito cT.'JJJ to
PX-S"rrfi'iiit-at-Ar:iiH II j i"M (or n.-rvkiM on
! .'tion fo:n::iii:fn ol lul. r jvlIiiiu that
nniriiai; law. mii.-. two y-Mr n , uo Into
1'1'ict Jiiri" 1. 1-. 1. 1 ) mako a lul'.era'.iou ol
nl'lf rnl iirimin 14 ml liont'.'ili or
Trrni.v. In tliomnutn to-ilny, Sir. Tilnn
TTcMi'titcl I'lil r'p'iiilu, no iiiUi U ol tli act
iillowlnir votiT of Hid towuslilpi ol Wont
Iici-r, l.a.-t I'ri'r. HarrUou, Killhuck ami
otbi'M In Alli'k'ln-ny oounty to voto lor or
iiuliiRt tlif 1.1HUU1K ol ll'iuor lli'oiwfl u.4 ri'l'-rn
to Harrison township. Amontf tlin apiroprla
tlon L1IU wvro th following: ?1."'.UW to tlio
A'lrinii hospital, Jutluroou: tlO.IKHlto tlin lio.
pital lor the ItijurcJ, nt Mi-rcer; J1.20J tot ho
Oil City hoBpital. A t ill won iutroju'-oil lu
I'muHluit tlm milary of tho Hupi-rlnti-nJout of
public irliitinK from ii.UO'i to ?:I,0JU
A bin lot ol bill wore IntroJui.'ed In tlio
liouno. 31 r. Cotton, of Allojjhnny, oilor'l
ono repeal I ii tho nmoudmxnt to tho marrl
iiRolici'iiso out ol Ihjj, wliK'h roqulroa ptr
oui to bo uiarrlod la tlio county In which
tl'y tiiio ct a IIcpuiio. A bill pri-scntaJ by
Mr. Illcbcy, ol All"hi'iiy, provnl"g lor tlia
carrying out of tbo iiroviKlcnii of tho not of
1JJ, rolatlni lo tho troatra?ut oj
tho iuJiKciit lnnno In tho stafo
nnJ nppropriatln? :ijj.M lor tho purjio.o.
AnothiT iiincii Jiai'iit to 111 11 Iiukor ballot Iiut
won propu.-ii-l by Mr. Wilcox, of Kri", who
pp-iuntol 11 bill vrlncli t'haiiuc.H tho timo ninl
iimiitDT ol inakliiir tlio registry ol vot'r.. nii l
'hancritiK tho rvMtMtMii from May to .I'lO".
'I hi'.-o approprintloii bilM weio oii.-rcl in tho
housi': ell.uofi to th- Warren ln.-i:i ii-yluni:
v!i i(l,o(l) to tho trnst"i' o tho I'ulwr.-otv ol
I'omiHylvaiiia; ?5.)Hli lor th it rilnii ol a
I '''b'1-ital lor 11 iiioiiii:n"iit to William 1 enn, to
I o placcil i n tho sit" o tliu treaty tp-o oa
the I'aiik.i 'I tho liclawar".
WruvMnt.-Tho I.'rnon bill nircn llns
i"1' ti'.n :l . I the ii' t oi I mo 1.1, l7. rela
tive to till' ',veroU':.t 1. 1 cities ut til" K"iMl,l
lav, pa.iM'.i th- lln:;l Ma,-" in thn ,).j-.
tbin in oriiiiiu. Th" a' ,"ii bii' iit ;:b'.itu:f
tin-v ril "tliereon" tor "tliere.it ' that n
majority ol the per-om v. tun: on tho ipn
1l .11 of a boiil isMiio shall nuthorir-o s.i 'h 1.4.
ftn. As Die law ...tan. It at present a imijority
ol all tliuin vot.nn at sii.'h (ji'iieral election
in tii'i-e-sary.
miN w, re introilu'c I by Iloprffnlatlv
Mew..rt, ..f I hl.a.lelphia, to" prevent tho in
ti rleri ii. e i.l ui. author. ;".! persoiii witli t:i
i le.-tri.'al comlaeioii, a piianecn an. I ma
1 binary of eeetr ji,. liut mi,, ,,.,.,
i-o:npaii!i s; provnllni,' I t tlio 1 r,'anlntlon,
nipl".t ,i-.. maliitoimnce of msoeiatioiH loi
th" protection .m,l h.iviiii; of pioperty iu c.i.i
of ilro m cities of tho flr-t-cla.-.
'J iii' ii-oiay. -Tho housn only was In pes-t-ion
to-.uy. ( (ichruii, 1. 1 Arnistroiiu, iutro
il.i 'e.l nn .,1.1 l i vf tlio session ol lyj.i. im-
I usin a stat" tat on eii.-h barrel ol mall
li.pior I rewe.l. In l'lnl.i lelphla tho oolleo.
1i ii ol th" im H Kiveii to tho real t-.itate n
si -sois aii'l in other LViiiktieB to thn county
ci.iiiiii',wioi.ers. 'lbo liouso pussej it joint
n -0liit11.il by Mr. 1-oeht, of fnion, for tho
II p ointn.'i-iit of 11 lvl-lutivo coiuiuittoo ol
llv, with two clllzi'ii t 1 e nariiej by th
po. ri.nr, to iiM'erlnln the number of alien
wl o me cluiri'. on the state ami wlio nr.i in-
i l htu!e in-litntioi:s. It also Uiroctt
tl.:.t lie- ciiinnnite,. shall reeoin'snoul simf
I ' in have these ullcll.s ilepi.rto.l or tho cost
-'I :!.i!r !nal.'it'iiniie coll's'te.l from Uio
1 .-.Oj.ean eouiitriin tlict I avil Bent lliem hero,
'lie- risobi'ii.n provok" I no libuU 'l'hn
I.. ! n.'ht lorsoiii" li:m'oer theStamlar J
lull .; anvil bill to ej eal tho act prohibit
in,' . !':rot.ti! plpo Unis iroin coii-oliilatlm;.
Mo- 1- kn .wii ih 11 loo.l).. ,nt ;.n'l is iiurso.1
m rv '. I..J. r:y. It comi" upon seotnl reail-ii.--.
Mi. "ii m il Im ! le'Vernor I'littUou't
V I " 1 111.' bill o( ! .. .el. "1 ho IlleUiUol
ii. - ' . i waiiiivl It lecmmittcl before 11
s I J' a lin -111 onler t 1 thus ilelny it (nr-
"ii," H'l ulillfiiii leinlfr lavori'il this
I I. '. 1 :'. ilie I'.oiism Uoke away from them
ninl 1 c.-seil II, e Mil. It was then recoiiimitt.
I r. 1 r.ler 1h.1t pattkn intervted tnlyht bo
be.ill
l'uii'AV Mr. Woodrln, of Northampton,
in the Ic.i-e presi-nted it lull which read a
lo low -; lual a i.y person who shall will
fUily ii.it" or iliver or transmit by nny
meal! Whatever to tho tnunaer, ediior or
rep oner 1,; niiy newspaper, in'i.'a:lii., peri
I'd. no, sei',,11 fur publication (heroin, any
libco.i i.. siaieiiieiit conceriiiiu' nuv person or
oi'tp ..nation, or (hereby Mvjro 'tho udual
pu:,,icni,i 11 ol the sumo, is heroby Jeelarod
k'ui.ty ol 11 iiiisdeuienn r, aud upon eouvlo
tii.ii shall be n ut"iiced to uy a lino not ex.
ee,l:.'v, v o.'and uU'leri;o an imprisonment
lorapir."d not t .eteUit,K two yeura, or
oither, tit the discretioa ol tho court.
Fuuro CullLKlbot.
rresldent I'nuro lias summon. id jr. llibot
lo lorm u cabiuot, uud the latter hasa ie i.td
Ihntoslc. He ! uw coiiuult iiii; with hn
friends. Tho wifo of M. Iln ot wus f irriierly
Mi- M.,,ul. llurch, ol i hl.'ao. Hlnoo tlio
Uder tlio llltd
THE BOND MESSAGE.
Irotilout (levtlanil Urirt Coiijrcsn lo
(.rniit 11I T.
CONDITION OF THE TREASURY
1
I Knlil I! nut nr 1 In mid tlio Pub II,.
Credit Mfiinrrd.
P.ECOIiainNDS FIFTY-YEAR BONDS.
Tho I'm-ldent Monday ient to Toncrcs
th" lollowiii.i spueiiil uiessnKo on tlu Iluauclal
pie,ti,,n:
In my annual mcssao I coniinornlod lo tho
'nous 0' n-i b r.ition ot Conre.sii tho OondU
tl"n of our National finances, and in codiioi
tloti with the sul.Jeet lndors"d tho plan ol
iirren'y ei;siatioii which nttlint tllliOBorm.
"d to furnl-ili protection nualnst linpoudinit
l inger. This plan has not been approved
l y tho t'c ii-r"s. In tho meantime the situa
tion bin so . Iniim-eil that tho enieraency now
appears to thr"at"tilii that 1 doem It my
1 ity to a-k ut tin' hands of th lelsln
live branch ol tho Kovernmeiit such prompt
aud ef!i";!ivo action as will restore eonildenco
in our linnuciui soun.liie-s and avert businoM
li'u.ster an I universal distress anions our
p opt" Whatever may bo tho merits of tlio
I otn iiit!lin?'l In my annual mesvuo hi a
remedy I r Ills then cx.stin nnd n a nfo
I uuar.l ataliist th depletion ol tho golil re.
i "Tvo then la th tro.vury.l mil now eotivlne-
" I that its receptiou Ky th" Congress and our
. resent a lvimced sta.-"ol tlnaneliil ierplexlty
; neces-itati's ii lilitioiial or di.'T"reut legislation.
With nnturnl rsour unllmlti'd In vnrloty
ni l pr ) l i.-tive stretii'th. nud with a peoplo
rt h"o ic'tivity nnd eiit-rpriso seek only a lair
ipportuiiity to achieve national sucesi nnd
jruatne.ss, i.tirpruKre's should not beoheckod
I. y a lalse Ciianelal poliey nnd a beedlem dls
riviirl of s Hind in iii' taty laws, nor slinulil
II. e timidity and four wiil"U they engender
-land in th" wny i.d our proL're.ss.
It 1 hardly disputed that tfii.s prndienment
ci'iilronts us to-day. Therolore. no nno in
.my ib'k'r. e r"sponii'l" lor the making and
execution of our law should fall to see a pa
triotic duty in hone-tly nu t .sincerely iittempt
111:; to relievo th" situation. Manifestly this
:!or! will not succeed uiiloss it is inudo tin
(r.im :i''le I I y th" pi"jU'llro of partisanship
.111. 1 with 11 steadfast determination to renlst
(ho totiii'tutioii to accomplish purty ndvan
tarf". W" may well remember that II wo nre
lhrc.iti in-d with llnaiiciiil ililllculties nil our
people in every station of life aro concerned
i:id s'irely those whosutTered will not roculvo
.Ii" 1 roiii.'tloii of 1 arty Interests as an nxeuso
( r 1 "i mittiiiu our pn sent troubio to advance
ion ds.n,.trou conclusion. It is also ol Iho
litnio-t I'upoitaiice that wo npproaeli tho
tii.ly of tlio problems presented ns freo as
I0-.-1LI' Ir 'tn the tyranny of prei-oiicelvod
opinions to tli" end that inn common dancer
wo limy bo able to seek with unclouded
Vision u sate and reasonable protection.
LA. Ii i'l ( oNC'ur.NCE.
The real troubio which confronts us con
sists in a lack ol conlldeLce, wide-spn-ad and
onstnntly liicrenslin;. In tho continuing
ability or disposition of the Kovernmeiit to
(my its obligations In gold. This lack ol eon
ildenco grows to some extent out oltho palp,
iiblo nnd apparent embarrassment attending
iho efforts ol tho government under existing
laws to procure gold, and to a greater extent
out ol tho impossibility ot cither keeping it in
(ho treasury or eatice'lliug obligations by Its
expenditure, niter it Is ubtuinod.
Tho only way left open to tho government
for procuring gold Is by tho Issue and salo of
L" Jin Is. Tlio only bonds that can bo so issued
ero authorized nenrly l' yeurs ago, and aro
hot well calculated lo moot our present nouels.
Among other disadvantages they aro made
payable lu noln Instead ofspcclilcnlly lu gold,
which in existing conditions detracts largely
andinan Increasing ratio Irom their d.irul. li
ny ns invostineiitM. it is by no means certain
'hat boudsol this descriptloncnu much longer
bodlsposed ef ut nprlcci.'rodjtablotolb'j lluau
:lal c.'inrnctor of cur government.
THE IANUl:n"l-S I EATI'IIJ:.
Tho most diingerous and Irritating fi'nturo
of th" situa'lon however, remains to bo men
tioned. It is 1. H. ud in t'm means hy whicli
ho treasury Is despoiled id the gold thus ob
tained without caiiceliiiir 11 single govern
ment obligation an I solely b,r ll.o l.' Uellt ot
thos.i who Ilii-l protlt Ii: shipping it ut.ro id or
w h. -e b'urs induce t.',em (. hoard It at hor.i".
We have 1 nt.-tu:: ling about live hundred Mil
lions o currency 1,. tes of Hie government
Ii r which gold may be deiiiMUd".!; and euri-iiu-ly
en iiif h.l.i law requires that when pre
1 "tiled, ali i 1.1 (.i' t re."i ii.el and aid lu
gold t.'c-.v sh.l'.l be re..--.!,.-.!, 1'hu.s the s.imo
notes m iy do duty many tim.-s in liraw.ug
gold '.: n fi t:v.i-i.ry: n-.r ci-i the prooe-.s
be atr. sel a I :.g ..s private urtics ,vho
pro;,i, ..r otlicr.vi e s .. n!i aiivaiitn-o in re
pc'i'ii. ih" i.pcntl ei. Mor" than three bun
.1: el :m.o '!m . ! do.l.'.r- in tiie,o not. haio
air : 1 1 ;.- ben i" l.-.-.'e.i 1:; ;oi., and iiotwiili-
j tl in, tte.'V aro still out-
-t in !;tr,- 11. il ic 1
ri.i:. t:;::-.
t-iie-c ih" IT'.M day ot January, l".i!, our
bona c I la'crct-l.".,r,u.: ilc:,t inn been Hi-
T' a I vie i.'l .0. 0,1 l' T t!'.epi.' .l..-ei.! o.,taui-
.11.: gol 1 t.. r -p: uh our cun ics. tve. T'.v 1
l'-u :; - :, , . aiiecii inn ',.y mlCioii
i.e!i oi... i t ,I,i:n;ary an I tie otln r lu No.
ve.i.i. r. A - a I ' s.ill ol the iirt l-s'lo lliero
w is re.io.. I soiii -tluii more tiiaii llllv-cK'ht
d-d. an 111 if ild. 11 "two mi that p.-
sii e 'dlllg oil" III NoVcltlljiT.coV.
rio I ol :4"Cit t"li inoiitlH, l.e.iriv
1 11:1 I tine.. Iiiil.ljos 01 doll i.'s
111 th" tre sury. This made
.1 iieees. 1 iy. and upon Dial
lit :i. till , us of toi I was
iw -en la il i'o .11 t 'us
millions
sue aim 11.
I r.smg a 1
niie i.utidr
Wc;e drawn fl
I lie ,t, I
iii..to (ban ii.ly-ci
:i -.iia rea'l - id. 1;
tu ' iii I I . ,11 aa I lh" pi 'sen; 11:1,", covolng
1 pci 1 1 1 ' 1 "alv ir.o it t; 1 1.1 jj;:., cior 1
lb. 1 1 -i!y-i.;iis 11, iiu. ins o il.i,..it, ia y.,d
Ii iv.' 11 :ca .!r 1 .v 1 tr 1 11 1:1 t.- i 11 1 . 1 h mc
.nr.:e son.s ol
l-li:
id w
t:
tai'.
M
ml,,.
ui .
i
h. :
',
le i
I .
L I I
1 e..l
.e : r 1 . . 1 1
- fa." II,
y ane.,t
!' t'l.iu
, .a . ..
I tic I..
O-O ol S
a o
" i.l v.'
.1 e I
,'.f...- :
0:1 .
.il.tr-
10 i'V'
fiV "-fllll.
y I e;n 1:1
uiu ii y !'
... 1 1.1. : :
H i. d Wi.llulll
1.: oii'i.:aie..'.s
I' .: oar pnu.k'
:u iti'.u.
vi'nr s
odd
I a'i I
at
I'o:
I I
ccr-
wo
rawa
I .11"
l.of dm.'
1.'.
e.ir.V "ll
al'i 1. at
I" ii. .11 It. ..:
.. r Hu t tw..
0 it i 1. 11.
1 J lite ! .lloWi
a I- .0 i.ed u
1:1. 1: 'd
tor tn
I'llol
itid tliie mil
mi '"it di.ni.4
, a siiit, .1
i Unit an. 1 in;
. Wis .ii.i.vii
him. the, in.
let-
1ms
lu
ll.: l .in in
l"l ill ill ot !ll. Hie
1:1 : i.r " 'a : i.ip. ,,j (;., i
1 .ic ;..!.:.. i .11- oj . a v. !,( -ii 1 1 , i v i:l.!d
1 en d . a ;r . 11 '.tin tie:,,.iry mn r-f ill
-'.. . t.n .1.1.1 a:c a 1 ..tSie I .r ts. i;l ram
III tt c i.'..t.st;ll. ui . I ,11 V I ll hl.l Iter
ten il as ' 1.1 I " 1 pie vii . s ac'iiiti ila .
I .11 til I il.l ,ii'c Oil.i.n.y siipi.-rveai.is: tend
1 a-. I "iii ii t:.e .. 11 I. wl.ua may l.c issued
' "",.;. ::a 1 our go.d I 'j Ujo.nl lor Hi. A (nir-
(I Is",
An ndonualo gold reserve is In nil circum
stances absolutely essential to tho hold tig ol
our credit nud to tlio maintenance ol our high
national character 1
Our gold mservo has again reacftod such
n stage ol diminution in to rcpilm its epeody
relntoreeincut.
Tho a , -ravatlon that must Inevitably tol
low present conditions and mothods cerlainly
lend to misforluue nud loss nut only to our
national credit uud prosperity and toiliinuelnl
eiitiTpriso.but to those ol our peopluwlio seek
eiupi.jyment as a means ol llvllhood nud to
thuso whoso only capliul Is their dully labor.
T1IK 11EVIKI B bLTCINCV,
It will hardly do to say that a simple Increase
(, revenue will cure our troubles. Tim nps,
l,.ti.. f.ti Annul' nl
rest npon a cntctiintioa o oaf reronue. T-
tlmo has passd when tlio eyes of Investors
abroad nnd our people at honi9 were fixer;
onon the revenues ol the government.
( hanged conditions have ntlrn?ted then
attention to tho gold of the government.
Thero need bo no tear thnt wo cnunot pay oui
current expenses with Mich money a
wo have. Tliero Is now in the trua'ttr
a comfortable surplus of more than ? id,
(HiO.OW), but it Is not in goM, nud th io
lore, docs not meet our dllllculty.
Tint sit vrn i.'fr.sTtox.
I cannot v that difTereiicM of opinion
concerning tho extent to whli Ii silv"r ought
to be come I or used in our currency should
Interlero with the coiiu icl.s of those who."
duty It Is to rectl'y ovlis now up arent In our
llnauclal situation, ilicy bnve to consldei
tho question of na'lonnl credit and the von
sequenrti's that will lollow from its collaj sc.
Whatever Ideas mny bo Insisted upon r..i to
silver cr bimetallism, a proper solution ol th"
question now pressing upon us only requires
a recognition ol g li as well ns silver and a
concession ol Its Importance, rightfully
or wrongfully ncquiretl, ns a basis ol nn
tloiuil credit, n necessity iu tlio honorable
disehargo of our obligations payablo in c.,,i,i
nnd a ha I go of solvency. 1 do not under
atnnd that thn re il frb-nd 1 or sliver deslro a
condition that might follow inaction or neg
lect to nppreeiato the meaning ol the pres. nt
mennlng of tlio 1 ri !,( rxL'eney if it should
result In the entirii baiiilitiiei.t ol gold from
our lliiati' lul nnd currency arrangement.
Ilesides the treasury notes, which certainly
should bo l aid in gold, nmoiilitilig to nearly
iJiiOO.Oim.fi.iil, th'-re will (nil due In 1'idl, irli'O.
l)i)0,i):tf) of bonds ssuo I during the last year
for which we have received 111 gold, uud Iti
1W7 nearly iCO 1.1100 11J 1 ol 4 r-er .'"tit bonds.
Issued In s77. r-h..iH the payment ot these I
obligations in gold be repudiated.' If ihey
are to be paid lu pucii n manner as tho pres.
ervatloit of our tiatl'Hial honor mil national'
Bolvency (le:niinls, we-should not di str. vor .
Imperil our iiOl.it v to supply ourselves wltn i
gold for thnt purpose.
Whilo I nui let unfriendly to silver, mil
While I dcilre t 1 s 'e It r ihl f I tv iicii in ;
extent as is coni tent wilh Ilaan.il tl s ,!, i,
nnd the pre"rv.i!tfti el ii.tliouai hon .r ari 1
credit. I 11:11 not willing to se gold cntir. l
baiiislied Irom our currency and llnances. "I ,
avert such a e iiisi"uence, I believe thorough
nud radical lviredlal legislation should be
promptly pa- ' I. I therefore beg iho Con
greji.s to give the subject Immediate attention
I'OWKH TO IssfK liONI'S.
In fr.y oplr.lon, the secretary ol tlio treas
ury should b- authorize 1 to issue bondtol
tlm government '1 r the purpose ol proei.riii'
nnd maintaining a siiillclcnt gold reserve nnd
tho reilemptioii mid cancellation of tho lured
Ktates legal ti n ier notes and tlin treasury
notes Issued for tho purchase of sliver under
tho law of .Inly 14. l eu. Wo should be re
lleved from the humiliating process of l -suiin:
bonds to procure gold to be Immediately and
repeatedly drawn out mi these obligations
for purposes not related t the beneilt of our
government or our people. The prin "pal
and interest of these 1, , rids should I " payable
on their laco In gold, because they should b
sold only for gol I or its repre-eiitative, m l
because there Would How probably b" dllll
culty In favorably disposing of bonds not
containing this stipulation. I suggest that
tho bonds bo issued in denomination of JO
nnd .10 dollars nnd their multiples an I thnt
they bear Interest nt 11 ralo not exceeding ;l
percent, per annum. I do not see why they
khould Hot be payabb) ad years from their
date. Wo of the pr-sent generation have
largo amounts to pay if wr meet our obiiga
tlous, nnd long bonds nro mo-t salable. Ihe
secretary of tho treasury might well lie per
mitted ut his discretion to rcelvo on the
sale of bonds tho legal tender and treasury
tiotoe to bo retired, and, ol course, when they
nro thus retired or redeemed lu gold tin y
should bo cancelled.
These bunds, tinder existing laws, could
1k deposited by national banks us security
for circulation; an J such banks should be al- 1
lowed to issue circulation up to the luce
value of these or nuy odier bonds so deposit
ed, except bonds outstanding bearing only
ii per cent. Interest, nnd which sell in the
market at less than par. National banks
should not be allowed to t.iko out circulating
notes of n less denomination ttiun $11), n-JJ
rben stieti rs aro nor outstanding reach '.tz
trensury, except lor redemption nnd retire,
mont, they should Im cancelled nud notes ol
tho denomination t l'J and upward issued
in their stead. Silver certillc.ites ol the do
nomination of (in and upward should be re
placed by oortlllcutes of denoaiiiiatious under
flu.
As a constant means for tho maintenance
of a reasonable supply of gold in the treasury
our duties on imp. iris should bo pul l lu gold
allowing all other dues to tint govt-ruincut to
bo paid ia any other lorm of money.
THE olti KNUAl K 11C1II i:n.
I believe nil the provisions I havo snggrste.i
should bo embodied iu our laws If we nro lo
enjoy a complete ruin statement of a shiu.I
Kti.iiiel.il condition. Tney lie I let li.tcil. re
With any currency H 'liciio providing for the
Increase ol the cir. ulatlt.g u; 1, utn tlirough
tho ugetiuy ot national or Mute b.inl. s, sine
Ihey can easily bo adjusted lo uo!i a sciieaie.
M.ectio:i has been made to ttie i-suiince ol
Interest bearing nbditatious lor the purpose,
ol retiring tti" n n-ii.terett bearing leg il t 'u
iler holes, lu point ol tact, howevei, these
notes have bur b ncd ns Willi a laru" load o(
Interest and is still accuitilauiig. The uggpv
tate interest uu the original I e ue of bonds,
the proceeds ol which in (joid coiistitulid lite
reserve lor tho puMinut il thrro notes
umountcd to t iU,3.'i;,oju CI, January 1, ij,
mid tlio annual interest i n these bonds ami
til isi Issue I or tlm same purposo durmg the
last year will be i'J.l ij.U.ii). datiug Iroai Jan
uary 1, 1115.
W I11I0 the eaueellutlou ol thco not. s would
not relievo us lrotu the obligations already
incurred on their account these ilgures nre
yiveu by way ol HUgces,!!'.!;- Hint their eis
lencu has not been Iree from interest charges
and that the longer tliey urn outstanding,
Judging from the experience ol last year, the
tlioro expeuslVH they will become.
lu conclusion, I dcslro to frankly conies?
my reluctiuico to issuing more bonds 111 pro
sent circumstances and wltb uo better re-ants
thuil liuve lately followed that course, I 0.111
not. however, r.i.'rnin u bliug to an ussiir nicc
ol my nuxb'ty to co-opcriite with the present
Congress in any reasuuublu iiieasuio ol retief,
un e.'.pressiou ot my ileler.-uiuaiiou to leavo
(luthiug uud me winch furuisln -s it liopn (or
Improviug the situation or cluvkiug a suspi
cion of our dlsinciuiHtiou or di.-.ibiliiy to
tnet with tho atrictst honor every national
obligation.
liKOVI'.ll CI.UVri.ANli.
The Lxccutivo Jlamdon, January lstfj.
ONE CHICOPvA SURVIVOR.
A Terrier Swn:;3 Ashoro from tl.o
Wrotk.
When thn Chlc ra went out ol Kl. Joseph,
Mich., on its la it trip thero was 11 big dog
aboard. Saturday tho dog w.is brought iutu
Denton Harbor alivo. Tuesday night tho dog
wils lienrd whining nt tho door of it road
liousu ut l'ottowatomie l'lirl.. Jt Is 11 utiull
oolore 1 skyo terrier. It was covered with
lee. T110 Under connected tho visit ol tuc
dog, which had evidently Just come out ol tlio
cold water, with the loss of tho Chicora uud
brought it lo the city.
The dog was immediately recognize J by the
Stevedores who work on tho (irahaui docks
n:id by tho crow ol tho I'.'toskey, us tho ani
mal that was ub. urd the I hlcora wuuu il left.
The dog lias been a truniji passenger oil tho
Graham an I Morton Truuiur(utiou Com
pany's boats for several months. It lias beeu
dm. hug Its time between (ho Uiicoruuud the
l'etoskey this winter. No one claims owner
ship of It, mid the nearest friend ol tho unt
il:. 11 is dipt, (Irllllu ot tho I'etoskey.
Tho retur.i of the unimal iu lleatus that tho
Clncoru was wtihlu a bull mile ol the east
suoro tho second night out. TUo dog it is
believed could not swim moro tlinii it uarler
of a mile. The place where tho dog came
ashore, l'ottowmoinlo Turk. Is eight (titles
north ot lloutou Ilurbor, a summer resort.
Many are Inclined to think n ssel eo