The Republican journal., 1897-07-29
The Tariff Bill Now Law.
Final Vote In the Senate on the Conference Report
40 yeas to 80 Nays. President Promptly Signs
the RtII
Special despatch to the Sunday Her,

Special despatch to the Sunday Herald.
WASHINGTON, d. c., July a. 1897 Presi-
dent Mckinley signed the Dinglev tariff
bill Jew minutes after o'clock this after
noon. with gold pen which Gov Dinglev
who brought the bill from the CapitoI to tn
White House, handed him for the purpose
and afterwards put in a plush case he had
provided, and tonight at O'Clock, Com
gress, having passed the act for which it
was called in extra session, adjourned until
the first Monday in December first listen
ing to the Presidents currency commission
message, the House passing the C. w Stone
joint resolution to agree to such a commits
sion, and the Senate ignoring il. Last of all
Speaker Reed announced the House com
mlttees, which he has been holding back all
through the extra session.
All legislation, including the Senate reso-
luton to stop negotiations between the gov
ernment and the Union Pacific re-organiza-
ton committee, except the tariff bill went
over to the regular session.
The final vote in the Senate on the con-
terence report was taken at sos, and the re-
port was adopted oy a vote If 40 to 30
The following message frGm the President
was received and read before adjournment:
To the Congress of the United States: In
my message convening the Congress in ex-
traordlnary session, | called attention to
single subJect-that of providing revenue
adequate to meet the reasonable and prom
er expenses of the government. / believed
that to be the most pressing subject for set
tlement then. A bill to provide the neces.
sary revenues tor the government has al
ready passed the House of Representatives
and the Senate and awaits executive action.
Another question OF very great i'm portance
is that of the establishment of our currency
and banking system on better basis, which
l commented upon in my inaugural address
nor tnIr+ + II
tenn needs some revision our money is all
good now, but its value must not further be
threatened. 1t should all be put upon an
enduring basis, not subject to easy attack,
nor Its stability TO doubt or dispute The
several forms of our paper money offer. in
my Judgment, constant embarrassment to
the government and imperil safe balance
i'll the treasury
Nothing was settled more clearly at the
late national election than the determina-
ton upon the part of the people to keep
their currency stable in value and equal to
that OF the most advanced nations of the
world.
The soundness OF our currency is nowl ere
questioned. No loss can occur to its holders
1t is the system which should be simpiiiied
and strengthened, keeping our money just
as good as it Is now with less expense to The
government and the people.
The sentiment of the country is strongly
IN favor Of early action by Congress in this
direction, to revise our currency laws and
remove them from partisan contention.
notable assembly of business men, with del
egates from % States and territories, was
held at Indianapolis in January of this year.
The financial situation commanded their
earnest attention, and after a two days ses-
sion the convention recommended to Con-
gress the appointment of a monetary COM
mission.
1 commend this report to the considera-
COnprpSa of
recommend commission "to make a
thorough investigation of the monetary
affairs and needs of this country in all re-
latons and aspects, and to make proper sug-
gestions as to any evils found to exist and
the remedies therefor"
This subject should receive the attention
of Congress at its special session 1t ought
not to be postponed until the regular ses-
sion.
l, therefore, urgently recommend that a
special commission be created, non partisan
in its character, to be composed of we'll in
formed citizens of different parties who will
command the confidence of Congress and
the country because of their special fitness
for the work, whose duty it shall be to make
recommendations of whatever changes in
our present banking and currency laws may
be found necessary and expedient, and to
report their conclusions on or before the
first day of November next, in order that
the same NAY be transmitted by me to Con-
gress for its consideration at its first regular
session.
1t is to be hoped that the report thus made
will be SO comprehensive and sound as to
receive the support of all parties and the
favorable action of Congress.
At all events, such a report cannot fail to
be of value to the executive branch of the
government, as well as to those charged
with public legislation, and to greatly assist
in the establishment of an improved system
of finance.
Executive NJ ansion, July "a, 1897.
WILLIAM MCKINLEY