New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-11-25

and on the eve Of the reassembng OF a Congress
which has just been repudiated by the people as
no Congress OF the United States ever was before
that the President and members o. his Adminlstra-
ton should begin to realize that there is some
thing wrong with the public finances we'll as
with the management of them. and should exhibit
symptoms OF a desire to do something. or have
somebody else do something. 10 remedy the un-
happy condition of affairs
II seems natural asO that some members or the
Administration. keenly realizing the Incompetence
of the majority In the present Congress ana It's
utter inability to deal with this difficult subject
should desparngly suggest its reference to COM
mission. Whether President Cleveland will approve
this suggestion. which is understood 70 be favored
by at least two members OF his Cabnet-Attorney-
General Olney and Secretary Morton - as well as
by Controller Ecke.s. remains to be seen. Secre-
tary Carlisle who a member OF the NLNllth
Congress bitterly opposed the creation of the Tarilf
Commission using arguments many of which would
be equally cogent and strong against the creation
of Currency Commission. is not enamoured with
the proposition. which he could not consistently
support with any degree OF heartiness. OF course
It is to be expected that Chairman Springer. OF
the Committee Banking and Currency, and sev-
eral other members of the House OF Representatives
who Will be Statesmen out Of job after March 3,
Will favor and advocate the commission plan. In
deed Springer will be sure to claim a paternal in
terest in H. What would be more agreeable and
consong him than be a member OF such
commission with rat salary. Moreover, IL IL az
ready argued in behalf OF the commission scheme
that it would enable the Administration 10 control
and the Democratic party to reap the benefit OF
whatever financial reform legislation the LINth
Congress-which Will have Republican majority OF
l3i in the House Of Representatives and more Re
pubicans than Democrats in the Senate might
enact.
Thus IL appears that certain members OF the Ad-
ministration believe that the patriotism of the
Republican party can again be- relied on, as IL
last year. to assist the Democratic party In
accommodating political capital OF which IT Is In
desperate need. OF course the proposed commits
sion Is to be of non-partsan character but
the Democratic party is TO reap all the political
advantage which may result from the enactment
OF financial legislation by the next Congress. n
draft of the proposed law provides that the com
mission shall be composed Of seven members; that
IL shall investigate the nature and working or
each kind OF money now In use In the United
States. Indicating the merits and defects or cach.
stating all evils and Inconvenience resulting from
the same. ami which, II al or severally. shal De
modified withdrawn. that II shall report upon
the nature of the monetary standard which VIII
best insure favorable and permanent influence
on the trade OF the United States with foreign
countries. on the public credit of THIS country AT
home and abroad. on our internal trad" ana INDUS
try and recommend the best means OF maintain
ing undisturbed the stability OF such standard
that II shall recommend the best means OF sim
plifying and unfying the various existing fheult
OF exchange In the United states, ana recommend
the desirable method of establishing an Gas
tic and automatic note issue.