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...ALLEN and A. S. APSLEY.Best general references: New York Commercial and Financial Chronicle, May 14 and 28, 1892; Cong. Record 1891-2, pp. 5381, 5578, 5739; Nation, Sept. 15, 1892; David M. Stone in Forum...
...would allow the establishment of State Banks. (b) State banks would furnish the best currency. - (1) The present legal tenders are a burden aad menace: C. F. Adams, Chapters of Erie. (2) The issues by state banks would be more flexible and responsive: Cong. Rec. pp. 5577-8; Forum...
...navy. - (1) In case of war between foreign nations. - (a) To preserve her neutrality; Rep. of Sec. of Navy, p. 32 - (b) To protect American citizens living abroad. Cong. Rec. vol. 20, pt. 2, p. 1440; - (2) If involved in war. - (a) to guard her coasts from foreign attack; Forum vol. 6, p. 370; vol. 9, pp. 326, 327; - (b) To protect her commerce. - (c) To prey upon the commerce of the enemy as in 1812; History of the U. S., Adams, vol. II p. 160. - (3) In time of peace. - (a) To add weight to her demands...
...navies of other countries of great commercial importance are much larger. Statesman's Year Book, 1892, pp. 59, 488, 549, 1079. - (4) It is more economical to support a navy for years than to suffer loss resulting from the destruction of our commerce in a few weeks: Forum vol. 9, p. 326. - (5) The navy cannot be increased from our mercantile marine as formerly...
...train seamen for the navy is a long process; N. A. Rev. vol. 149, p. 509. - (3) The threatening attitude of certain foreign powers may precipitate war at any time; N. A. Rev. vol. 148, p. 2; Forum vol. 6, p. 66, vol. 8, p. 317. - (4) The U. S. should be fully prepared for any unexpected events; Forum...