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Domestic News November 27, 1890

Fergus County Argus

Lewistown, Fergus County, Montana

What is this article about?

Secretary Windom will not address Farmers' Alliance demands in his annual report, as they fall outside his purview. The Alliance seeks free silver coinage, a sub-treasury bill, and abolition of national banks, which Windom opposes. The group is expected to influence the Fifty-second Congress, potentially forcing some measures, though the Senate resists banking abolition. Proposals by Dorsey and Sherman aim to expand bank circulation.

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WHAT THE FARMERS WANT.
Secretary Windom Has No Authority to Grant Their Demands.
Washington, Nov. 17.-It is stated that Secretary Windom, in his annual report, will give no attention to the demands of the Farmers' Alliance, as questions raised by that organization are not within his official purview. The Farmers' Alliance, as is well known, demands free coinage of silver, the passage of a sub-treasury bill and the abolition of the national banking system, and Secretary Windom is opposed to all of these propositions. It is believed, however, that the Alliance will have so much power in the Fifty-second congress that it will force some of its views upon congress and compel the senate to adopt some of its measures. The senate, of course, will never agree to the abolition of the national banking system, and it is likely that Congressman Dorsey's proposition giving banks circulation to fill the par value of bonds deposited and decreasing the minimum of circulation to $100 for each bank, will be adopted at the approaching session. This proposition is being pushed in the senate by Sherman, who says it is time that the Republicans were giving close attention to the demands of the farmers' organization. He says he is willing to enlarge the circulating medium in almost any manner, provided that obligations, be they certificates of deposit issued by sub-treasuries or any other authorized agencies, are made redeemable only by the United States government. It is likely that Sherman will champion some proposition to give large increase of circulating medium per capita. He believes that the Farmers' Alliance will have sufficient influence upon the senate to force through some questionable measures, and that it will, if that body does not take the initiative and propose some remedies in the direction of the demands made by the Alliance.

What sub-type of article is it?

Politics Economic

What keywords are associated?

Farmers Alliance Secretary Windom Free Silver Sub Treasury Bill National Banking Fifty Second Congress Congressman Dorsey Sherman Circulating Medium

What entities or persons were involved?

Secretary Windom Farmers' Alliance Congressman Dorsey Sherman

Where did it happen?

Washington

Domestic News Details

Primary Location

Washington

Event Date

Nov. 17

Key Persons

Secretary Windom Farmers' Alliance Congressman Dorsey Sherman

Outcome

secretary windom will not address demands in report; alliance expected to influence fifty-second congress; senate unlikely to abolish national banking system; dorsey's proposition likely to be adopted; sherman pushes for expanded circulating medium redeemable by us government.

Event Details

Secretary Windom's annual report will ignore Farmers' Alliance demands for free silver coinage, sub-treasury bill, and national banking abolition, as outside his purview and opposed by him. Alliance anticipated to wield power in Fifty-second Congress to push measures. Senate resists banking abolition but may adopt Dorsey's circulation proposal, advanced by Sherman, who favors increasing circulating medium per capita if redeemable by US government.

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