The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
CURRENCY COMMISSION.
M'KINLEY MAY RECOMMEND
ITS CREATION.
Matter Will Probably Be Decided
When the President Returns From
Canton Next Week.

Washington. July 1.-The question
whether the president will send a special
message to congress recommending the
creation OF a 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 to this
course. In fact, it was semi officially an
nounced at the White House this after
noon that such a message would be sent
TO congress next week. but some of the
presidents influential advisers on finan-
cial questions are opposed TO a message
as 1mpolitic at this time owing to hos
tihty 10 commission on the part of con-
gress, and the final determination. as
stated. Will not be reached until Mr.. Nc
kinley's return from Canton.
The executive committee of the Indian
apolIs sound money convention have been
actively advocating the commission
scheme ever since the advent of the pres
ent administration.
1t has also the sympathy of the Dresi-
dent who committed himself to it in his
inaugural.
President Mckinley however. did not
care 10 recommend it TO congress while
the tariff bill wGs pending. lest il might
comphcate and delay action upon this
measure But all along the chief diff
Guilty which presented Itself to those wno
favored commission for the investiga-
ton of the currency system has been the
opposition il would encounter in congress.
While bill for the creation of a commits
sion could easily be passed in the house.
where factious opposition would be IN
awaiting against the operation of a clO-
ture order. that would bring il 20 a vote.
such opposition IN the senate might be
almost interminable. Several of the silver
senators have openly avowed their unal-
terable hostility to the creation of a COM
mission, and Senator Teller. of Colorado.
has declared that he wonld remain here
until December to defeat it. This being
the situation. it is understood that some
OF the members of the executive commit
tee of the Indianapolis convention are
now inclined TO believe that il would per
haps be a mistake to press their request
for the creation OF 4 commission by con-
gress- The better and wiser thing TO do
some of them now think, would be 10
withdraw their requests for a commits
sion. and to use the provisional power
vested in the committee by the Indianap-
Oils convention ard themselves select q
committee TO investigate the currency
question and present their conclusions
through the public press.
If those conclusions were such as the
administration could subscribe to. they
could be made the basis of an admins
tration measure, modified as Secretary
Gage. conducting an Independent investi-
cation, might suggest.
The secretary VIII be at work for some
time on comprehensive currency reform
scheme. and some suggestion has been
made as to the wisdom of not having
further agitation of the question. but of
permitting Mr.. Gage. who has the full
confidence of business men generally. to
frame d meaure after such consultation
as he may desire with the finaEciers. bus
mess men, members of the house and SEN
ate. and others.
The matter was under discussion at the
cabinet meeting today. but not in 4 man
ner to lead to definite conclusion or
policy Ii is probable that Mr.. Hanna.
Who IS chairman of the executive com
mittee of the indianapolis convention. and
perhaps other members of the committee.
will come to Washington after the pres
dents return from Canton to discuss the
situation with the president and Mr..
Gage.