The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-04-03
SIT. PAUL MEMBER of THE INDIA
NAPOLIs EXECUTIVE COMMIT
TEE IN WASHINGTON.
COMMISSION is IN VIEW.
PROMPT INTRODUCTION OF BILL
IN BOTH HOUSES IS DE-
SIRED.
AN EARLY REPORT ANTICIPATED.
1T Is Hoped a Bill Embodying Cur
rency Reforms May Be Ready
Next December.

WASHINGTON, April 2-Eleven Of
the fifteen members of the executive
committee, appointed by the Indian
apolis monetary convention last Janu-
airy, have been in the city for several
days. That convention, composed of
business men delegated by the boards
of trade Of 100 cities, decided to urge
a commission to investigate banking
and currency laws, with view to their
early revision, and the executive COM
mittee have now decided to establish
| headquarters here in an endeavor to
procure from congress such legislation
at this session as will empower the
president to appoint a committee to
consider the subject before the regular
session of congress convenes in Deem
ber
The headquarters probably will be in
charge OF II. H. Hanna, of Indianapolis,
one of the prime movers in the conyen
ton. Those who are here with him
are: e. c. Harrison, and Stewart Pat
ferson, of Philadelphia; w. B. Dean. of
ST Paul; j. w. Fries, of Salem, N. c.:
NJ. l.. Crawford, of Texas; Mai. J. f.
Hanson, of Georgia; ]. P. Irish, of Cal
ifornia; ex-Gov. E. o. Stannard, Of
Missouri; A. E. Wilson, Of Louisiana.
and George Forte Peabody, of Brook
Ign.
The members of the committee have
conferred with public officials and
members of congress with regard to
this matter, and say they have met
with no encouragement, although the
situation relative to the tariff makes
1t OF paramount Importance that the
rate of the bill in the senate should
not be delayed or jeopardized.
The real work which the committee
has been appointed to do said Mr..
Hanna, tonight, lis to organize public
opinion Of the citizens of each con-
gressional district in favor of specific
remedies to be enacted into law The
readiness to undertake this work is
the particular feature of this move
ment, which differentiates it entirely
from any similar movement The COM
m1ttee recognizes that there has not
been at any time general agreement
among organizations Of business men
even, much less among citizens gen
orally, all of whom are vitality affected.
To procure such an agreement will. 1t
is believed, be of the greatest service
to congress, which is necessarily de-
pendent for legislation upon such cues
tons upon some we'll defined public
demand
1.-The conclusions the committee have
reached are: First, that an act he
promptly introduced in both houses
providing for the appointment by the
president of monetary commission CT
eleven members, which shall. as soon
as 1t may be possible, after the consti-
tuition and appointment thereof, enter
upon a thorough and COMPREHENSIVE q
consideration Of the currency and
banking affairs of the United States
and the laws relating thereto, and no
limit is placed upon the scope of sucn
inquiry, or the manner of conducting
the same.
The commission shall make, within
| TOUR months, after the date of their ap-
polntment, and not later than the first
day of October, 1897, a concise and ex-
act report of their deliberations, con-
| clus1ons and recommendations, cover
ing the subject matter CONSIDERS by
them, accompanying the said report
with the proper bill or bills TO carry
their recommendations into effect.
The judgment of the executive com
! m1ttee Is that the very early appoint
| ment of such a commission is of the
nrst Importance to the successful ac-
cOmplishment of it's work 1t will be
| the purpose of this committee to see
that the report Of the commission rs
made the subject of study and action
thereupon by the merchants, farmers,
manufacturers, bankers, laboring men
and all business and commercial inter-
ests. 1t is the further judgment of this
| committee that the simple fact Of the
| appointment of such a non-political
| representative commission would have
| an immediate and important effect in
aiding the restoration of confidence
| throughout the country"