The times. [volume] (Richmond, Va.) 1890-1903, 1897-12-29
moNrrnr coMnrssroy,s nrroFr
WIN Be Ready Within Ten DAYS and VIII
Contain Commemorative Plan.

VIII Be Ready Within Ten DAYS and VIII
Contain Comprehensive Plan.
WASHINGTON. u c.. Dec. 27-The
action of Tho House COMMITTEES on Bank
inc before the adjournment Of Congress
n voting 90 postpone the consideration
1f gcnor d legislation until after The re-
port of the Mon ntary Commission. is
ruNs.n much interest among members
10 Congress 1888 TO what The report VIII
'onlain. The controversy between Sec
'ritf' Case ana some of the western
senators over the SccrcfaTy's dccflrn-
ion lor fho gold standard is leading 20
.hc cNpr. -slOn of thc hope among some
apuhlcfu members that the report Of
hc Monetary Commission will not go
quite $50 far as the plan of Secretary Gage
increasing the bonded debt. The
members OF the commission Wcre united
N support Of thn gold standard. hut some
'f them believed that the redundant mass
0f government paper could Dee diminished
without fhe issue of e. large mass or
gold bonds If This should prove 10 be
.hc character of their report, 20 might be
possible lor Western senators 10 give it
support who are not willing 10 support
The plan ~ Secretary Gage. III is an
nounccd that the report of tho Monetary
Commission viii Doe made public within
the next ton days and that the full text
VIII le furnished to the leading journals
of the country and distributed by the
Executive Committee of the indianapolis
Convention 20 members or Congress.
students or finance. aud other private
citizens The report will present a COM
prehcnslve plan for dealing with the leg
al tender notes. the banking system. and
thc existing silver coins. In accordance
with the recommendation Of the three
subcommittee which were appointed
by the commission. \ hin carrying out
tue recommendations Of the commission
Will bc prepared. but probably Will not
HN.f N.H q Il
after the report
Chairman Walker. o. the Banking Com
litlce has lntimotcd that no plan would
De considered by lhe committee which
was not presented In the form Of bill
The Monetary Commission proposes 10
meet his suggestion In this respect and
cX-Sccrctarv FairChid Is at the head OF
sub-COW m ttce which is now engaged
n Tho preparation OF complete meas
ure Every branch OF the report OF the
commission Including The protection of
tht fiscal Department Of the Treasury.
WIN probably he cDmnrchcndcc IN one
hiu I'm order that the entire problem OF
me ruanc-a NAY hc dealt with by the
BANKING Committee. Senator Edmunds.
the chairman of the commission. will be
consulted in the preparation OF the bill
and every en0rt Sill be made 20 make
Il cover completely the ground of the
report Chairman Walker has already
been asked 90 grant q hearing 10 repre-
probable that Senator Edmunds nd oth-
fr leading members. includinc one or more
% those from the South. VIII he heard IN
the support OF their report. 40 is under.
stood also that the leading boards OF
trade will adopt resolutions expressing
their opinion OF the report OF the~com-
mission and that some OF them VIII send
delegatlon 10 Washington for the purpose
Of asking hearings from the Committee
on panxing. The Executive Committee
of the indianapolis Convention, which
has HEADQUARTERS M room 20 Corcoran
building here. Is receiving hundreds of
letters expressing sympa thy with the
rcneral purnoses Of the commission and
assurances of sunnorl