Rensselaer Semi-Weekly Republican, Volume 19, Number 6, Rensselaer, Jasper County, 24 September 1897 — COMMISSIONERS ACCEPT. [ARTICLE]

COMMISSIONERS ACCEPT.

Several Plans Offered for Solution of Financial Problem. All of the appointees of the sound money commission have signified their acceptance. Several plans have already been prepared for submission to the commission. One of these looks to the retirement of the greenbacks, as suggested in Secretary Carlisle's last report, while another is in effect to retire all bank notes under $5, substituting instead silver. Still another proposition looks to a gradual extinguishment of the national debt, which necessarily will modify the present banking system, and that the government authorize the organization of national banks, the same to deposit a sum equal to their capital stock in gold or silver. Chairman Hanna is anxious that suggestions be made to the commission, promising to each careful consideration, as in the preparation of the proposed new financial system every means should be employed to create something which will commend itself to public confidence.