Butler citizen. [volume] (Butler, Pa.) 1877-1922, 1897-07-29
End oftIrc Extra Session.

both House and Senate.
Then the President sent to Congress a
message favoring the appointment OF
CurrencyC Commission, on which no action
was taken in the House, excepting that
the Stone bill introduced some days
ago. was rushed through; Speaker REED
announced his Committees, and the
House agreed to adjourn at 0 2. NJ, a
committee was sent to the President to
notify him and returned with his con
eratulations and the House reasseLl-
bled at 9P. NJ and adjourned sine die.
The Senate debated the President :
message until 7 p. NJ; sent committee
to notify the President of adjournment,
reassembled at :45; referred both the
message and the Stone bill for an inter
national monetary commission TO the
Finance committee, and at 0 P. NJ ad-
lourned sine die.
The Presidents message read as fol
lows
ITO the Congress of the United
States:
I'm my message convening the con
gress in extraordinary session called
attention to single subject-that OF
providing revenue adequate TO meet tde
reasonable and proper expenses OF the
government. l believed that to be the
IN ost pressing subject for settlement
then. A bill to provide the necessary
revenues for the government has al
ready passed the house of representati-
YES and the senate and awaits executive
action.
Another question of very great inn
portance is that of the establishment of
our currency and banking system ON
better basis, which / commented upon
in my inaugural address in the follow
ing words:
Our financial system needs some re-
vision: 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 embaTrass-
ment to the goyernme ent and impeT1l
safe balance in the treasury.
Nothing was settled more clearly at
the national election than the determ-
ina ton upon the part of the people to
keep their currency stable in value and
equal to that of the most advanced ma
tions of the world The soundness of our
currency is nowhere questioned. No loss
can occur to its holders 1t is the system
which should be simplified and strength
ened, X eeping 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 con
gress in this direction, to revise our cur
rency laws and remove them from parti-
san contention A notable assembly Of
business msn with delegates from TWEEN
ty-nine states and territories was held
at indianapolis in January of this year,
The financial situation commanded
their earnest attention and after a two
days session the convention reccomend-
ed to congress the appointment of a
monetary commission. | commend tins
report TO the consideration of congress.
The authors of the report recommend
commission to make thorough inves-
tigation Of the monetary affairs and
needs of this country in all relations
and aspects and to make proper suS-
gertions as to any evils found to exist
and the remedies therefor.
This subject should receive the at
tention of congress at this special ses-
sion. 1t ought not to be postponed until
the regular session. / therefore recon-
mend that special commission be ere
ated, non partisan in its character, to
be composed of well-infoImed citizens
of different parties who will command
the con fidence of congress and the coun
try because of their special fitness for
the work. whose duty it shall be to
make recommendations Of whatever
changes in our present banking and cur
rency laws may be found necessary and
expedient and to report their conclu-
sions ON or before the first day of Nov,
next in order that the same may be
transmitted by me to congress 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 report
cannot fail to be of value to the execu-
tive branch of the government, az well
as to those charged with public legisla-
ture; and to greatly assist in the estab-
lishment of an improved system of fl
nance.
.(Signed) William Mckinley
Executive Mansion, July "A, 1897.
The country is to be- congratulated
that the House conferrees had their
way about the important schedules of
the bill; also the Republican party. The
result is largely due to the practical I'M
animity of the republican press in de-
ciaring the House schedules to be pref
erable to those of the Senate. This
was especially true of the sugar schedule
the most troublesome Of them all To
have agreed to the Senate schedule
would have furnished the opponents Of
the Republican party with great deal
campaign material without aiding any
American industry or adding to the
revenues of the Government. This
fact was fully recognized by Speaker
Reed and the Republican members of
the Honse, and too much credit cannot
| be given them for taking the stand that
the Senate schedule would, under no
| circumstances, be agreed to by the
| House. Quite number of Republican
Senators also assisted in the good work
by condemning the Senate sugar
schedule.