The evening tribune. (Pawtucket, R.I.) 189?-190?, 1897-07-03
THE CURRENCY PROBLEM. r
President Mckinley May Send a Special Mes.
sage TO Congress.

Washington, July 3.-The question
whether the president will send special
message to congress recommending the
creation Of currency commission will
be definitely decided next week.
The president is strongly inclined at
this time to send a special currency mes
sage to congress, regarding himself as
In a considerable measure pledged TIC
this course. In fact it was semi OFF,
cialfy announced at the White House
late yesterday afternoon that such
message would be sent to congress next
week, but some of his most influential
advisers on financial questions are op-
posed to a message as unpolitic at this
time, owing to hostility to commission
on the part Of congress, and the fina.
determination, as stated, will not be
reached until Mr.. McKinleys return
from Canton.
The executive committee of the In
dianapolis sound money convention have
been actively advocating the commits
sion scheme ever since the advent of the
present administration. 1t had also the
sympathy of the president, who COM
mitted himself to 1t in his inaugural.
President Mckinley. however, did not
care to recommend ii to congress while
the tariff bill was pending, lest 1t might
complicate and delay action upon that
measure. But all along the chief diff
Guilty which presented itself to those
who favored a commission for the inves-
tigation of the currency system has
been the opposition 1t would encounter
in congress.
While a bill for the creation Of the
commission could easily be passed in
the house where factions opposition
would be unavailing against the opera
ton Of cloture order that would bring
1t to vote, such opposition in the SEN
ate might be almost intermnable.
Several Of the silver senators have
openly avowed their unalterable hostility
to the creation Of a commission, and
Senator Teller Of Colorado has declared
that he would remain here until Decem-
ber to defeat it.
This being the situation, it is under
stood that some OF the members of the
executive committee Of the indianapolis
convention are now inclined to believe
that 1t would perhaps be mistake to
press their request for the creation Of a
commission by congress. The better and
wiser thing to do some Of them now think
would be to withdraw their request for
a commission and to use the provisional
power vested in the Indianapolis con-
vention and themselves select a COM
mittee to investigate the currency Dues
tion and present their conclusions
through the public press
If these conclusions were such as the
administration could subscribe to they
could be made the basis Of administra-
tion measure modified. as Secretary
Gage, conducting an Independent inves-
tigation, might suggest The secretary
has been at work for some time on a
comprehensive currency reform scheme.
and some suggestion has been made as
TO the wisdom OF not having a further
agitation OF the question, but OF per-
hitting Mr.. Gage, who has the full con-
ndence of business men generally to
frame n measure after consultation
with flnanciers, Nisiness men. members
of the house and senate and others.
The matter was under discussion at
the cabinet meeting yesterday, but not
in n manner TO lead to n definite con-
clusion OF policy. and tho matter went
over until the presidents return next
week. when II is probable that II. II.
Hanna, who Is chairman Of the cxecu-
tive committee OF the Indianapolis con-
vention, and perhaps other members OF
the committee viii come to Washing
ton 60 discuss the situation with the
president and Secretary Gage. Upon the
result OF the conference will probably
depend President McKlnley's action as
TO special message to congress.