President Cleveland calls extra session on currency reform
The text presents Grover Cleveland urging Congress to repeal the Silver Purchase Act of 1898, warn of the gold standard dangers, and push tariff reform. It notes financial panic, gold depletion, and the need for stable money, with Cleveland promising swift action and an early tariff focus. Also included are brief notices on gold mine sale, forest fires, receiverships, and a wage-cut settlement at Mattoon Manufacturing.
MENTIONED IN THIS ARTICLE
Wasmixetos
Congress
Congress of the
United States
Jonas
Ril Xen
Howe
Hay Aince
Secretary of the Treasury
Treasury
Howry
Dld
Mtr Collent
Warsaw
Grover CLI Kland
Rapid
G. R. K. Smith
Hoboken
N.J
Omega Group
Bear Gulch
Black Hills
Banks and Fire Strike Wisconsin Business Briefs
News in brief reports South Wayne Wisconsin business district destroyed by fire. The Madison Square Bank in New York City closed its doors and may resume soon. The People's Bank of Waseca Minnesota suspended operations. The banks hold assets totaling about twice their liabilities.
MENTIONED IN THIS ARTICLE
Congress
Enim
South Wayne
Wis
Tuendiy
Madison Square Bank
New York City
People's Bank of Waasen, Minn
Drought Widespread Across Central Regions and Plains
The weekly crop report notes general drought across the Central valleys Northwestern states and parts of the Middle Atlantic and lake regions with damaging effects in Illinois Wisconsin Kentucky Ohio Michigan and the Dakotas. Wisconsin Minnesota Iowa North Dakota and others report varied impacts on crops with rain shortages and poor yields in several areas.
MENTIONED IN THIS ARTICLE
Middle Atlantic States
Lake Region
Towa
North Dakota
South Dakota
Perry Bank Merger Reported with Liabilities Noted
A fragmentary notice from Perry Indiana reports the Commercial Bank as a private institution with liabilities around 60,340 and assets about 640,000. The Exchange Bank of Angus is also mentioned in association with the event.
MENTIONED IN THIS ARTICLE
Perry
Commerceial Bank
Exchange Bank of Angus
Senate Debates Repeal of Sherman Act and Gold Coinage Stance
The senate opened a flood of financial bills after the president's message was read. Mr Hill and Mr Stewart introduced repeal proposals to the Sherman act's purchasing clause, with Stewart opposing repeal citing risks to silver coinage. Lodge and Hale proposed scheduling votes and meeting times, sparking a wide-ranging, unresolved discussion among leading senators.
MENTIONED IN THIS ARTICLE
New York
Stewart
Nevada
Sherman
Teller
Richardson Belknap seating case dominates Congress debate
In Washington August 9 the House debated Richardson and Belknap seating from Michigan's Fifth District. Belknap's certificate was challenged while Richardson's title was argued. A special committee vote failed, Richardson was seated, and the chamber adjourned after paying respects to deceased colleague William Mutchler. A call for weapons in the hall was read amid party reactions to tariff reform and silver coinage debates. In Senate news, Hill's bill seeks Sherman act repeal maintaining gold and silver as money standards. Cleveland's message spurred local industry restarts in Superior, while French troops moved into Siam territory, occupying Chantibu and surrounding river areas.
MENTIONED IN THIS ARTICLE
Washinatox
O'Farrell
Richardson and
Belknap
Michigan
Burrows
Weadock
Bland
House of
Wilyer
Weaver and Hayes Engage in Free Coinage Debate in Hall
The reading drew tense interest as Gen. James B. Weaver, former People's Party candidate, sat beside Gen. Hayes amid a crowd in town. Weaver, a free coinage advocate, and Hayes, though a Democrat, occupied seats on the floor showing active participation in the discourse.
MENTIONED IN THIS ARTICLE
James B. Weaver
Town
Iate People’s Party
General Hayes
Weaver
Hayes
Grasshopper Infestation Hits Farmers Hard in Austin County
Describes widespread grasshopper swarms devastating crops in lower Austin County Pennsylvania. Also reports a pardoned lifer from Sing Sing after 82 years, a missing estate fraud case in Chaco, and a Milwaukee brokerage firm assignment. Includes latest market prices, stock receipts, and grain quotes with regional prices and openings.
MENTIONED IN THIS ARTICLE
Commission Merchants Fair
MilWaukee
Farnham, Allen & Co
Commission Merchants and Stock Brokers
Columbia
Wis
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Mattoon Manufacturing Company
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Chicaco
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Tyler
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