Thomas County Cat

PLUMB'S PLAN PLEASING.

It is Favored by the President

Cabinet and Senators.

It Was Formed With a View to Gain

General Support, and Seems to

Have It-A Practical Way Out If It

Can be Reached in Time.

Washington, D. C., December 12.-The bill introduced by Senator Plumb providing for the issue of a series of legal tender notes and free coinage of silver, will undoubtedly be the one endorsed by the administration and the republicans in the house and senate.

The plan of financial legislation has been framed with a view to its general support. It embodies certain provisions which were recommended by the president in his message. It presents a way of attaining free coinage of silver.

Both the president and the senators from the silver states are satisfied with the compromise. Certain it is that the president has been represented by members of his cabinet in the conferences which have considered the plan.

Eastern senators, like Cameron, are said to look with favor upon the general outline. The only thing which stands in the way of prompt action in the election bill. If that was out of the way, Senator Plumb believes the senate would proceed to financial legislation at once and dispose of it within a week.

Secretary Blaine favors the bill and proposes a big issue of legal tenders, say $150,000,000.

Secretary Tracy has studied the plan and likes it.

Postmaster General Wanamaker, speaking for Philadelphia, which has not been so hard pressed as now in a financial way since 1873, is for almost anything which means more money.

Senator Sherman is about the only leading republican who is not committed to the plan, and he may not hold out against it. Senator Sherman has introduced a bill to allow bank note issues at par of the bonds deposited by national banks.