People's Pilot, Volume 3, Number 43, Rensselaer, Jasper County, 13 April 1894 — STATE BANK TAX MUST GO. [ARTICLE]

STATE BANK TAX MUST GO.

Democratic Caucus Decides to Repeal the Ten I*er Cent. Requirement. Washington, April 12.—The democratic caucus, after a session of two hours and a half Tuesday evening, adopted the following resolutions without a dissenting vote: “Resolved, That it is the sense of this caucus that the prohibitory tax of 10 per cent, on bank issues be repealed. “Resolved, That when the bill known as the Brawley and Spencer bill, which the committee on banning and currency has ordered reported to the house, is called up for action, an amendment be offered repealing the prohibitory tax on state banks; that ample lime be afforded for discussion, and, if necessary to secure this, the committee on rules be requested to take proper action.” Exactly 102 democrats of the house were present. The attendance from the south and west was very heavy, but only a few eastern men appeared. The only outspoken opponents of any measure looking to the repeal of the state bank tax came from Messrs. Bryan, of Nebraska, and Lane and W’illiams, of Illinois.