UNITED STATES CONGRESS

Evening Star, Issue 12990, 8 December 1906, Page 5

UNITED STATES CONGRESS

Press Association —By Telegraph—Copyright THE CURRENCiTaND RESERVES. NEW YORK, December 7. Reporting to Congress relative to the question of currency reform, Mr Shaw (Secretary of the Treasury) suggests two possible plans—first, a graduated reserve, determined by statute, and, second, tha-t the Secretary of the Treasury bo empowered to require all banks to slightly and gradually increase their reserves and hold the same within their own value in town vaults, with corresponding authority to the Secretary to release the same as in his judgment will best serve tho business interests of the country. It is considered that the second plan is the better; an objection to the first is that conditions vary with different seasons in the West. ADDITIONS TO THE NAVY. NEW YORK, December 7. The Hon. C. J. Bonaparte (Secretary of the Navy) recommends Congress to authorise tho construction of two battleships of tho largest size, instead of one, also two 16,000ton battleships instead of one. THE NEGRO QUESTION. NEW YORK, December 7. The Senate has asked President Roosevelt to fully explain his reason for disbanding a battalion of negro troops. [President Roosevelt from time to time lias caused much indignation throughout the United States by tho favor he has displayed towards negroes. The action referred to in tho cable was, however, approved by tho strongest upholders of the color lino. During October there was an extraordinary anti-negro outbreak in Atlanta, Georgia, in which large numbers of negroes wore killed. At Brownsville, in tho neighborhood, whore there is a negro university, there is also a negro regiment. This regiment assumed tho offensive when tho whites «voro shooting down every negro on sight. Tho black soldiers rioted through the streets of the town, and in some cars discharged their firearms into tho houses of the residents. One citizen was killed. The battalion concerned in tho affair was questioned al«rut it, but *ho men declined to divulge the names of their comrades who were the principal offenders. President Roosevelt therefore dismissed the members of tho entire battalion from tho military service.]