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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Jan 10, 1893
Page
2
The Roanoke farms, now leased with state options, are urged for purchase to reduce rents and fund a sinking bond plan. A four percent bond issue is proposed charged to the penitentiary with earnings set aside for semi annual interest. The report endorses farm purchase for inmate employment and state revenue, with brick yard sale and other reforms noted.
Two million dollars in gold were shipped to France last Saturday, underscoring Treasury officials misjudge of heavy winter gold flows. European markets still lack faith in American securities, pressing demand for gold as the silver policy absorbs 4.5 million ounces monthly. The Baltimore Sun notes if silver coin certificates persist, most U.S. money may be devalued, spurring foreigners to sell. Senator Carlisle’s menu is praised as a rare blend of wit, legal skill, and finance acumen.
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