A New Scheme for Treasury Relief Unearthed
A report outlines a newly devised plan aimed at easing government finances. The scheme promises relief by reallocating funds and adjusting procedures to improve revenue flow and budget balance.
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Newspaper
Fort Wayne Evening Post
Location
Fort Wayne, Indiana, United States of America
Date
Dec 29, 1895
Page
1
A report outlines a newly devised plan aimed at easing government finances. The scheme promises relief by reallocating funds and adjusting procedures to improve revenue flow and budget balance.
Representative W. A. Smith of Michigan introduces a bill to absorb outstanding greenbacks and treasury notes and replace them with gold reserves. It requires national banks in major cities to hold 25 percent of notes in circulation and deposits in U S notes, with 16 percent for other associations. If reserves fall, banks must halt new loans and dividends until restored. Senator Sherman, Dingley, and Comptroller Eckels approve the plan.
Two new civil actions filed seek substantial damages. Sherman E. Smitley sues Consolidated Street Railway in Superior Court for 1000 claiming a November collision damaged his buggy and injured him. Frank J. Meyer sues Herman Buter in Circuit Court for 5000 alleging he was buried under a collapsed gravel wall while working on a New Haven road project due to negligence.
Senator Palmer says Congress cannot pass either the revenue or the bond bill. The president would veto the revenue bill and the house would not pass the free coinage bill. If Congress won t help him the president must maintain the country s credit alone.
A large assortment of jewel boxes mirrors picture frames children's cups pin trays ink sets pin boxes toilet bottles and more priced from 25c to 1.00 and up. An immense line to select from with wide variety and value.
A compact note discusses Charles McCulloch and his distinctive verbal styles. The item highlights how certain utterances reflect his public persona and influence in recent discourse.
Fort Wayne figures challenge Randall electric railway push. McCulloch Bash deny ties to White and deny plans for a Fort Wayne to New Haven route. They say the Hicksville to Bryan line will likely not be built and accuse press of misreporting.
Louis Wolf sells lease fixtures and goodwill of his Fort Wayne dry goods house to E F Dunn and F L Taft of Columbus Ohio. They plan to take possession Feb 15 as Dunn Taft. Wolf retires for health and will sell stock to Fort Wayne and northern Indiana customers. Guests visit from Wellsville Ohio.
General Cassius M. Clay outlines a scheme to isolate Canada and invites all American nations to join the move. The plan emphasizes collective action and regional alignment to counter external pressures.
Gen. Cassius M. Clay, 84, proposes a wartime program to drain funds via one thousand million 100 year bonds, raise a large army, isolate Canada, seek equal statehood for British possessions, fortify cities, build a lakes navy, and seek help from Russia and other nations to topple the British Empire.
The Indiana State Dairy association closed its convention with enthusiastic attendance. Prof. Goodrich of Wisconsin spoke on Proper Food and Management of Cows. J. M. Knox read a paper. Col Hasselman led a discussion. Officers chosen: President Prof. Plum Purdue University, Vice President W S Commons Centerville, Secretary and treasurer J Herman.
Before adjournment the association adopted two resolutions praising Secretary Morton for gaining bureau of agriculture recognition of dairy interests and directing a vote of thanks with a copy sent to Morton or his agent.
Our December clearing sale showcases deep discounts with garments priced at 1.98 for about 50 items, 4.98 for 37 large coats, and 7.39 for 43 large garments. About 1,000 ladies misses and children’s garments from top world producers are offered at half regular value. Sale starts Monday December 16, 1895 at 9 am.
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