Chas. B. Farwell's Plan

Washington, Jan. 3.- Chairman Springer, of the banker and currency committee, has roceived tho following letter from exSenator Farwell, of Illinois: "ÜKAK SlR: 1 have your jf the 2yth. I did not expeot you would publUh oitlier of the letters which you ackuowledged receipt of, but you ean do so If you wish. I wish to say to you uow what possibly I have said, before, that thore is just one thing todotosetêle thlswhole flnanoial muddie which w; ?eeni to be in, and tluy are the following three propositiuns: "First- Let the governmunt fund its floating debt aud refund its bonded tlcbt in a per cent., üfty-year boinis, and retire from the ourrenoy business altogether "ïiooond- Allow tho national banks to use these bonda at pur as a basis tor their oircuJatlon, exempting them froiu all lederal tax;ition except just enough to pay for printing tlieir notes. 'ïhird - Repeai tho sub treasury vu t aud iet tlo revenues of the nation be uepositod in tho banks where collecttxl. "Congress may discuaa tliis queatlon for the iitxt Bix years, but will finally adopt the aboye propositions, beoauae they aro tho only ones that will aecoinplish the desired end."