New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-11-28
LOCAL MISCELLANY.
WHAT THE SILVER COMMISSION HAS DONE.
ITS LABoRs AS PRESENTED BY SENATOR 'oSfs-
MUCH MATTER ACCUMULATED BUT NOTHING

WHAT THE SILVER COMMISSION hAS DVNL'
ITS IABoRs AS PRESENTED BY SENATOR JONES
MUCH MATTER ACCUMULATED BUT NOTHING
LIKELY TO INFLUENCE CONGRESS.
The Joint Congressional Silver Commission,
which has been holding sessions at the ST. james Hotel
nc caDt II has COMPLETED its work IN this city and
goes to Washington where testimony win be taken our
ING the coming six weeks Senator Jones OF Nevada sad
last evening that the commission horeu' ny hiaAhs ~
TO get more conveniently the testimony OF many
prominent men, who would DO likely At TINS SeaSon, W
visit Washington The commission had not ugested TUG
testimony already in and there no results to Dc
made tnoNn The commission had In view tho obtain
ing OF opinions and facts derived from the experience
and study OF naneiers and merchants ana OF men pos
sessing practical knowledge OF pubne aHaHS 10 'na
end a great many invitations had been seht out' uh"
,entIemcn OF this city, Boston. Philadelphia, Chicago
on, other large cities had either appeared before tho
,,,rss,o, in person or made written answer TO the
questions included in the invitation Senator Jones De-
leved that the work IN NovYorE was very sasiactory
I,,t thourht nevertheless, that not mnch hau Deop
brought forward that new in either fct or theory
Tn hts onniops the view OF the individual mem
hora ~ the commission had not been essentiauy
changed by the inquiry thus far. The men
WIN had given testimony represented the utmost d
vcrlty OF opinion 1t clear that There were no we'll
thought-out systems of finance having any oVer"no'
ing strength among the OF the country at large oi Vi
commercial sections Of the country There were men ia
section who, with more or less cJiNitoh i"'ViON
the gold basis or the double metallic system, or system
NJ cold standard and subsidiary silver coins, or the
,ecpbach svstcfn There were other men who believed
that money should be based real estate As ruie
the men who had come before the commission had opn
ions 10 give in rare instances founded on Yegested
f,cs usually based on general md not necessarily
widsy-accepied principles OF finance. There appeared
70 be greater exercise Of sense and PRACTICAL
ohand insight than display Of learning and knowledge
of and the facts nj tho base or
finance no one could ofTcr original scheme or policy
for attaining resumption OF specie payments, and IN
,nosf Instances Senator Jones SAID, the opnn was eX-
pressed that 10 would be impossible, under exsng cir
cumsfanrcs, 20 resume specie payments ny 1871
Gov Tdsn WAS not invited 10 appear before inc com
miss n owing To his position before the country as
% Presidential candidate. Inc grealeF part Vt
been done by senator Jones, Congressman VII
lard OF Michigan. and William $. GroesbeeA OF ono
who occupies tho position OF expert on the coInussOh
Senator Bogy of Missouri aud Prof Bowen OF ilrYbfd
Universally expert have frequently been III attendahce
ard Senator Boutwell, aud Cungrcssmen Gibson ana
Bland not often The testimony VII make InAhu
script book OF LOO pages of letter paper
Much uf the matter wifi be condensed from ~ present
printed vii be OF considerable Interest 10 tie political
economists OF Europe. BY the wording of INC fcsoiu
non creating the commission Tho report y u
be submitted On or before Jan. 10 1879.
Ten days additional may be asked ONbG
10 thu excessive labor ~ preparing the report senator
Jones said the commission not sought by tue silver
men, who wcra anxious 20 leave The question TO the com
mon sense Of Congress without delay but urged ~
the advocates OF gold standard who, he believed e't
that they IN minority. II more important
Information either side should not he 0bttn,d ne
did NOT think the report wOuid make much change IN tee
opinions OF Senators and Representatives,