19 Dec 1894
Page 1
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This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
Fairfield Tribune
Location
Fairfield, Iowa, United States of America
Date
Dec 19, 1894
Page
1
Opinion notes that Gov McKinley is a one idea man and warns that many reform minded candidates in New York and other cities cloak their ambitions as municipal reform efforts.
It is late for the Democrats in the Fifty third Congress to learn the art of getting together yet it is seen as gratifying.
Governor McKinley weighs withdrawing a boost for repairs if major Republican leaders continue to attack the McKinley tariff law. The policy debate centers on rates and industry support amid party discord.
The fact that the national bankers are almost without exception opposed to the Carlisle banking bill is a strong endorsement of it for others to consider.
Democratic leaders in Congress appear ready to remove the need for a currency commission, signalling a legislative move to streamline financial oversight and policy control. The shift suggests a strategic consolidation of authority within the party.
The article notes that the old question of whether government or banks should issue currency may be revived in the upcoming presidential race, signaling renewed focus on monetary policy and financial system reforms.
Republicans boast of a cinch on the Pronote race yet voters could upend the contest as tensions rise among factions. The piece frames the party’s confidence against a backdrop of potential shifts in support and strategy.
The Navy Department requires use of American made butter in all naval supplies and contracts for Towa butter are cited as the best available option.
The plan proposed by Secretary Carlisle is praised as the best yet presented and appears to be gaining broad recognition among Democrats in Congress.
The remark argues that fearing Republican opposition cannot excuse Democratic senators from attempting to legislate and urges all Democrats in the Senate to act despite anticipated resistance.
The text argues the Republican party is aligned with powerful corporations and names Elkins of West Virginia Thurston of Nebraska and Addicks of Delaware as notorious corporate men proposed for the U S Senate. It frames the party as closely connected to trusts and combines rather than serving the people.
Eastern papers debate if the Gould family plans a New York to Baltimore railroad and reverse their long standing policy. The late Ja Gould used the wrecking system to acquire rail lines, and was considered the era’s leading manipulator of such schemes.
The Carlisle banking bill at national capital irks national banks by proposing pro rata assessment to cover notes of a failed bank. Banks argue for government guarantee of failed bank notes. Provisions would back notes with a thirty percent guarantee fund safety fund and a first lien on the issuing bank assets, limiting drafts on other banks.
The Ottumwa Democrat stands as a virile Iowa newspaper with ample patronage from local businessmen. Last Sunday's issue spanned thirty two pages and featured over sixty columns of advertisements, reflecting success and prosperity. Bob Moore is credited with driving the paper’s strong performance.
Rev. Geo D Herron of Grinnell argues in Detroit that shoveling coal is as honorable as a U S senator and cites recent senators as lacking honor. He says the office no longer carries higher ability or esteem than common trades.
The Louisville Courier Journal outlines Baltimore and Carlisle bank note plans. It contrasts government guaranty versus bank guaranty, critiques New York bankers, and recalls prior currency regimes from gold standards to Greenbacks and Sherman notes.
Washington correspondent lauds Secretary Carlisle for lucid mind and rapid grasp of banking details. He explains objections clearly, counters them with safeguards, and dominates cross examination with precise reasoning and strong public speaking. The article notes New York and Boston financiers followed his lead and admired his command of banking law.
The banking and currency committee voted to report the Carlisle banking bill and expected to file the report yesterday. Secretary Carlisle prepared amendments and others will be offered. The aim is quick debate and passage before holiday adjournment.
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