Richmond planet., 1897-07-31
TARIFF BILL A LAW.
Senate Adopts Conference Report
by a Vote Of 40 to 80.
MESSAGE FROM THE PRESIDENT

Sent 60 Congress Urging the Appoint
mont or Currency Commission.
Reed Appoints House Committees,
Congress Ad1ourns Sine Die.
Washington. July 36.-The Dingiey |
tarin bill is a law, and the extraordin-
ary session OF the nfty-6fth congress /
has passed into history. Congress ad- |
1ourned sine die at o'clock Saturday |
night. nve hours after the president |
signed the tarifr bill. That measure |
passed the senate. according TO agree |
ment. at : o'clock Saturday afternoon. |
by = vote OF ayes 40. nays 90 The ma
1ority was exactly the same as on the |
passage OF the bill In the senate the |
first time The affirmative vote was
cast by ~ Republicans. Democrat
(McEnery). Silver Republican (Jones.
of Nevada) and one Populist (Stewart)
The negative vote was cast by 2s Dem
ocrats and Populists (Harris and
Turner).
Before adjournment Of the house
Speaker Reed announced the committee
assignments OF the members. and for
the first time since congress met the
house was fully organized.
The extraordinary session OF con-
gress Just closed was called by Presi-
dent Mckinley two days after he took
the oath OF Office on the steps OF the
capitol 1t met In pursuance to his
proclamation, at noon, March Is. The
special message transmitted by him
10 both houses on the opening day was
brief 1t explained the deficiencies in
the revenues. reviewed the bond issues
OF the last administration and urged
existing condition by passing a tariff
bill that would supply ample revenues
for the support OF the government and
the liquidation OF the public debt No
other subject of legislation was men
toned in the message. and the tariff
bill has been the all absorbing feature.
Congress did not devote it's attention
entirely to the tariff, though II did
subordinate everything else TO this one
measure. The four appropriation bills
which failed on March last I'm them
! selves would have compelled President
Mckinley to call congress In extra
session even II the necessity for a re-
vision OF the tariff had not existed.
MESSAGE ON THE CURRENCY.
The President Urges the appointment
OF a Monetary Commission.
| washington, July 26.-Befora final
adjournment the president sent the fol-
lowing message to congress:
In my message convenmg the con-
Eress in extraordinary session I called
attention TO q single subject-that OF
providing revenue adequate 10 meet
the reasonable and proper expenses OF
the government 1 believed that TO be
the most pressing subject for settle
ment then.
A bill TO provide the necessary rev
enues for the government has already
passed the house of representatives and
the senate. and awaits executive ac-
tion-
Another question OF very great i'm
portance is that OF the establishment
OF our currency and banking system
on better basis. which / commented
upon in my inaugural address as fol-
lows:
Our financial system needs some re
vision; our money is all good now
but its value must not further b,
Threatened 1t should all be put upoE
an enduring besis. not subject to cas-,
attack. nor its stability TO doubt or dis
pute.
THE several formR OF our papel
, money offer. IN my judgment. q con
: slant embarrassment to the govern
3 ment and imperil a safe balance IN th
treasury"
Nothing was settled more clearly a
; the late national election than the de
termination upon the part OF the peopl
r to keep their currency stable In vaiu
and equal to that OF the most advances
? nations OF the world.
The soundness OF our currency is nc
where questioned No loss can occu
l. -.
D should be simplified and strengthened
I keeping our money just as good an 1t /
{ now, with less expense to the govern
ment and the people.
8 The sentiment OF the country
e | strongly in favor OF early action b
: congress in this direction to revise on
II currency laws and remove them froI
y partisan contention
) A notable assembly OF business mel
II With delegates from 90 states and tel
!. ritories. was held at Indianapolis
january OF this year. The fnancii
d situation commanded their earnest a
: tention, and after a two days sessio
Is the convention recommended to col
y Eress the appointment Of a monetaI
commission.
ol / commend this report to the col
l. sideration OF congress. The authors
the report recommend n commissiC
d Ito make q thorough investigation
l. the monetary affairs and needs OF tn
country in all relations and aspect
~ and to make proper suggestions as
~ any evils found to exist and the rem
u dies therefor"
This subject should receive the a
,is tention OF congress at its special sc
~ sion. 1t ought not to be postponed u
10 til the regular session.
"a therefore urgently recommend tn
e q special commission be created, no
partisan in its character. to be cor
10 posed OF well-informed citizens OF d
% ferent parties. who will command I
confidence OF congress and the cou
~ try because OF their special fitness (
'is the work. whose duty 1t shall be
make recommendations OF What9v
~ changes in our present banking a,
currency laws may be found necessa
and expedient, and to report their CO
80 clusions on or before the first day
November next. in order that the saI
- may be transmitted by me to congrs
p for it's consideration at its first regul
session
1t Is to be hoped that the report tn
made will be so comprehensive a
sound as to receive the support OF
81 parties and the favorable action OF &C
gress.
After brief debate the house pass
~ Representative c. w. Stones bill D
a vidinR for q currency commissi
while the senate referred both the m
o sage and the house bin to the hnal
= committee.
is ---S-e-s----
bod HAMPTON LETTER.