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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Scranton Tribune
Location
Scranton, Pennsylvania, United States of America
Date
Oct 19, 1895
Page
7
The piece questions why Pennsylvania state funds held in banks yield no interest while cities earn returns. It cites potential $40,000 annual gain at 2 percent, urges Hastings to push legislation to modernize handling of public money, and suggests Haywood pledge timely reform.
Ex Governor Merriam of Minnesota outlines a tentative banking reform proposing gold redeemable currency at par nationwide with elastic supply. The plan envisions 40 percent of National bank capital in United States notes, a 6 percent bank capital tax into a Safety Fund, and government guarantees with interest to support bank stability and rapid access to redemption funds.
Merriam proposes 4000 banks under national law with the treasurer as redeeming agent. Banks would hold 5 percent of capital as a gold redemption fund, not mingled with treasury funds. As notes redeem, banks remit to cover deficits, while new notes go to the issuing bank. He favors a 2 percent annual tax on unsecured notes to fund treasury costs, charters, and currency elasticity, with profits to banks and reduced gold reserves. The plan aims to expand national banking to smaller banks, safeguard against mushroom banks, and stimulate local banking without harming government finances.
The Luzerne Democracy leverages prejudice to oppose Malvan's partisan judicial candidacy. The Tribune warns readers against one party courts while noting Democratic dominance and concerns over court packing. The piece contrasts New York and Kentucky politics with local legal stakes.
Major Everett Warren urges Pennsylvania Republican clubs to push aggressive mobilization to secure a large statewide majority and energize the presidential campaign. He stresses youth club involvement, unity with party forces, and full turnout to prevent Democratic gains and maintain party leadership.
The Net of Jurore at the Atlanta exposition gathers famed names from science and education to judge exhibits. Attendees include Dr. Gilman of Johns Hopkins, President Adama, General Henry Abbot, Professor Atwater, Morris K. Jessop of the American Museum of Natural History, and many others. The judging task is demanding but respected, with the Baldwins visiting Atlanta next week and talk of a sensational reception for notable visitors.
A long, fragmented account details a looming Baldwins announcement in Atlanta, Pennsylvania delegates, and a 10 000 person barbecue amid conventions in laundry and commercial traveler circles. It notes hotel attractions, celebrity visitors, and municipal intrigue surrounding program secrecy and political figures.
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