Rensselaer Republican, Volume 26, Number 1, Rensselaer, Jasper County, 31 August 1893 — CONGRESSMAN CONN’S PLAN. [ARTICLE]

CONGRESSMAN CONN’S PLAN.

The Indiana Member Has a Bill to Solvo the Financial Problem. Congressman Charles G. Conn has a solution for tho financial puzzle which is now confronting the solonsof both Houses of Congress, which he will probably Introduce soon in the shape of a substitute to the Sherman law, If given an opportunity. Briefly stated, Mr. Conn's scheme Is this: “Open our mints to the free and unlimited coinage of silver at a ratio of 16 to 1, and for every 371)4 grains of fine silver delivered at a mint, issue, as the owner of the silver might a legal tender certificate for one dollar, redeemable in gold, or a silver dollar of 412)4 grains weight, which should also he legal tender and redeemable In gold; provided, that the owner of the stiver pay into the treasury at the time the silver was delivered the difference between the prevailing market prices of both gold and silver.” Mr. Conn says ho has outlined bis plan to several silver mon and they think it would be a good solution of the bimetallic problem.