Banking bill seeks gold reserve for national banks in large cities
The Banking and Currency Committee reports a measure requiring large city National Banks to hold 25 percent of notes in circulation and half in coin, with five percent for smaller cities. The act imposes penalties for noncompliance and aims to secure standard dollars, possibly affecting Sherman and Nevada silver interests.
MENTIONED IN THIS ARTICLE
Banking and Currency Committee
House of Representatives
Judge Buckner
House
United States
John Sherman
Treasury
Jean Sherman
Nevada
Not So Very Strange View On Railroads And Monopolies
The Reno Journal questions why the President omits the railroad issue in his annual message while noting corporations grow powerful. It argues monopolies rose after the war under the party that created them and that both parties avoid challenging banks and big interests in elections.
MENTIONED IN THIS ARTICLE
Reno Journal
Hayes
Journal
Congress
Grant visit to Mexico sparks debate among merchants and officials
The Philadelphia Press reports that prominent Mexican merchants have advised a protective role for Grant in Mexico and pledge support if needed to guide the country from semi barbarism to civilization. It also notes political clashes in California over John Morton’s Internal Revenue appointment and a potential high army rank for Grant, with General Sherman urging restraint.
MENTIONED IN THIS ARTICLE
Philadelphia Press
Grant
Mexico
Hess
Heath
Vage
Davis
Pacheco
California
John Morton
Internal Revenue
Sherman
Washington
Utah Statehood viewed as possible Democratic or Republican shift
The interview with Delegate Gannon suggests Utah would be a Democratic state if admitted. Republicans could flip it if circumstances changed. Other notes report false Paris parish rumors in Louisiana, a Mail rebriery case, Utah railway mail fraud acquittal, and Virginia Readjusters caucus setting for state officer elections.
MENTIONED IN THIS ARTICLE
Washington Star
Gannon
Utah
Cannon
Elta
Observer
New Orleans
Afaira
Madison Parish
Louisiana
R. H. Brown
Pelhtlah
Brown
Utah and Northern Railway
Ogden
Idaho
Grant Jovy
General Assembly of
Virginia
Mendocino Outlaws Captured After Narrow Chase Near Nimshen
Sheriff Morse and posse tracked the Mendocino outlaws to a canyon cabin near Nimshen. Gauntz, known as French Dick, surrendered unarmed after a bruising pursuit. Brown remains at large, fugitives pursued toward Big Butte Creek and Nimshen.
MENTIONED IN THIS ARTICLE
Chico
California
Morse
Mendocino
Stanley
Butte Creek Canyon
Nimshew
Nimishew
Big Butte Creek
Ae Murderers
Athan
Arydley
Billings
Brown
Gauntz
Sheriffs Posse
Nimshen
Moore
Charles’ Hill
Gaunte
Hill
Stanley Au Hill
Loskop
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