Rensselaer Republican, Volume 26, Number 37, Rensselaer, Jasper County, 10 May 1894 — A HOOSIER "FINANCIER." [ARTICLE]

A HOOSIER "FINANCIER."

How Represenative Brookshire Wonld ' Care the Ills of the Country. * Congressman Brookshire, of introduced in the Honse, Wednesday, aj bill providing for some comprehensive changes in our present financial system* The bill provides that no greenbacks shall be issued of a smaller denomination than $10; that not over one-fourth in value of the amount of circulation issued to n*r tfonal banks shall be of a less denomlna-! tion than $10; that coin certificates shall be issued in lieu of silver certificates, gold, certificates and treasury notes issued under act of July, 1390. The bill provides for the issue of coin certificates on all tho gold and silver coin and bnlllon In the treasury In excess of $100,003,030 of gold’ coin, which is held as reserve for redemption of the greenbacks. The bill also provides for the issue of coin certificates on all of the silver seignorage bullion not exceeding $1 for grains of pare silver, and that it shall be the duty of the Seereretary of the Treasury to pay out these coin certificates in discharge of all the obligations of the United States except such os are made expressly payable in coin. Moreover, the bill provides: That the owner of gold coin and silver coin may deposit the same with the Treasnrer or any sub-Treasurer of the United States in any snm of $lO or any multiples thereof and receive coin certificates in lien of the same. V