The morning times., 1897-03-06
WOLCOTT's RETURN HOME
Does Not Care to Discuss His
Mission to Europe.
FINANCIAL COMMISSION
President Mckinley VIII Appoint
One and Probably Make Ex-Sec-
retary Charles Foster It's Chair
nan-CarlisIe and Fairchild Nav
Be Appointed Members.

Senator Wolcott appeared in the Sen
ate yesterday noon fresh from his visit
to Europe in the capacity of what Sena-
tor White OF California has called "envoy
precedent to the great powers. His mis-
sion was an authorized although not a
representative one, and the press cable
grams from Europe have given evidence
of the thoroughness with which ne pro-
ceeded about his work. The general be-
lief that his efforts are foredoomed TO
failure does not. arise from any feeling
that the Senator was not extremely active
and energetic in his efforts to promote
bimetaliisn by international agreement.
He appeared at each one OF the most
important capitals of Europe and called
on many Of the leading public men and
financiers OF the continent He enjoyed
interviews with many of them, and comes
back with extensive information regarding
the attitude of many OF the leading men
of the old world on this question.
Senator Wolcott was cordially greeted on
the floor of the Senate yesterday, and after
ward met many friends "a his committee
room, on Postoffices and Postroads To
representative of The Times yesterday
afternoon the Senator said:
Il would be pleased to give you an inter
view on the result of my visit to Europe
If / had not decided that it is best not to
discuss t at this time. Publicity at this
time would tend TO defeat the very object
of the visit 1 will say, however, that /
believe the outlook for the ultimate success
of international bimetalIism is very hope
ful, and that my mission to Europe has at
least not retarded it,
1t is probable that Senator Wolcott
awaits the appointment of the delegates to
the iridescent international bime tallic con-
ference provided for in the bill which passed
the old Congress In It's last hours.
1t is evident that the new President
hopes to accomplish some important re-
suits regarding the currency as well as
to restore the protective tariff. He will
name delegates to an International none
tary conference under the Wocott- Cha ndIer
bill, and endeavor to secure the Co operation
of other great nations in the proposed con-
ference. He is also pledged by the
language of his inaugural address to sign
bill for commission to consider the
whole question of the revision of our fl
nanciai system
1t is reported that the President has his
mind already practically made up as to
the composition ofthe Financial Commission.
He desired to make it as strong as possible,
and to bring as many experienced gentle
men as possible to its membership.
The craftsmanship Of the commission he
means to bestow on ex-Secretary Charles
Foster, of Ohio, gentleman he is anxious
to recognize, and of whose experience he
desires to have the benefit in the arduous
/ work of the commission.
His inaugural address indicated that he
intends to give the Democratic party
representation on the commission. The
same gentleman who assigns Foster to
the craftsmanship of the commission says
that he will make ex-Secretaries Fair
child and Carlisle its Democratic members
1t will be distinctly a sound money,
commission, and the additional members
Of the Republican majority or the COM
mission, will, it is said, be bankers of
national distinction.