The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1876-12-15
SILVER COMMISSION.
SIS H4alSors .ss Presented 10Y
Senator Jones.
NOW I OFH ITlDune-

senator - ones.
New York Tribune
The joint congressional silver COM
mission, which has been holding ses-
sions at the st. James hotel since Sep.
IL, has completed its work in this city,
and gees to Washington where testi-
nony will be taken during the coming
six weeks. Senator Jones, of Nevada,
said last evening, that the commission
hoped by making the change TO get
more conveniently the testimony of
many prominent men, who would be
likely at this season to visit Washing
ton. The commission had not digested
the testimony already in, and there
were no results to be made known.
The commission had in view the OBJ
tanning of opinions and facts derived
from the experience and study of finan-
clers and merchants, and of men Dos
sessIng q practical knowledge of pub
lie affairs. To that end a great many
Invitations had been sent out, and gem
tleman of this city, Boston, Philadel-
phia, Chicago and other large cities,
had either appeared before the COM
mission in person or made written an
swers TO the questions included in the
invitation.
Senator Jones believed that the work
In New York was very satisfactory,
but thought, nevertheless. that not
much had been brought forward that
was new In either fact or theory. In
his opinions, the view of the individu-
al members of the commission had not
been essentially changed by the inQul-
y thus tar. The men vino had given
testimony represented the utmost di-
versiEy OF opinion. It was clear that
TENS OF finance having any over
whelming strength ameng the men of
the country at large or OF commercial
sections who, with more or less convic-
ton, favored the gold basis, or the dou-
BILE metallic system, or a system of
gold standard and subsidiary silver
coins, or the greenback system. There
were other men who believed that
money should be based on real estate.
AS rule, the men who had come be-
tore tie commission had opinions to
give, In rare instances founded on
weil-digested facts, usually based on
general and not necessarily widely
accepted principles of finance. There
appeared to be a greater exercise of
common and practical off-hand insight
than display of learning and knowl-
edge of the experience of nations, and
the facts at the base of finance. No
one could offer an original scheme or
policy for attaining resumption of
specie payments, and in most instances,
Senator Jones said the opinion was
expressed that it would be impossible,
under existing circumstances, to re-
same specie payments by 1879.
Governor Tilden was not invited to
appear before the commission owing
to biz position before the country as
presidential candidate. The greater
part of the work of the commission,
thus tar, has been done by Senator
Jones, Congressman Willard, of Mich
igan, and VIM. S. Groesback, of Ohio,
who occupies the position of expert on
the commission. Senator Bogy, of
Missouri, aad Prof. Bowen, of Har-
ward University, expert, have frequent
ly beeA IN attendance, and Senator
Boutwell,, Congressman Gibson and
Bland not so often. The testimony
will make manuscript book of some
1000 pages of large-sized letter-paper.
Much of the matter will be condensed
from It's present form. Senator Jones
is OF the opinion that the contents, If
printed, will be of considerable inter-
est TO the political economists of Eu-
role. By the wording of the resolu-
IioA creating the commission, the re-
port is to be submitted on or before
January 10, 1877. Ten days addition
al may be asked, owing to the excess
sive labor of preparing the report.
Senator Jones said the commission
was not sought by the silver men, who
were anxious to leave the question to
the common sense of Congress without
delay, but was urged by the advocates
of gold standard, who, he believed,
felt that they were in a minority. If
more important information on either
side should not be obtained, he did not
think the report would make much
change in the opinions of Senators and
Representatives.