The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-07-03
PRESIDENT NAY ACT
MAY SEND MESSAGE TO CONGRESS
ON THE CURRENCY QUESTION.
air. Hugh III. Hanna to BE Invited to
Washington to Give His Views
On Proposed Reforms.
TWO MORE MISSIONS FILLED
ROCKHILL TO Go TO GREECE AND
NOVELIST HARDY TO PERSIA.
other Appointments and COnfirma-
tiOn-The MckinIeys En- Route
to Their Ohio Home.

WASHINGTON. July 2-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 message to Congress, re-
garding himself as in measure pledged to
this course. In fact, it was semi icially
announced at the White House late this
afternoon that such a message would be
sent TO Congress next week, but some of
the Presidents most influential advisers on
financial questions are opposed to a mes
sage as impolitic at this time owing to hos
tility to a 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 eXecu-
tive committee of the Indianapolis sound
money convention has been actively advo-
eating the commission scheme ever since
the advent of the present administration.
1t had also the sympathy of the President
who committed himself to it in his inaug-
ural President Mckinley. however, did not
care to recommend it to Congress while the
tariff bill was pending, lest it might compli-
cate and delay action on the measure. But
ali along the chief difficulty which pre-
mission for the investigation of the cur
rcncy system has been the opposition it
would encounter in Congress.
While a bill for the creation of COM
mission could easily be passed in the House.
where factious opposition would be una
vailing against the operation of a cloture
order that would bring it to vote, such
opposition in the Senate might be almost
interminable Several of the silver sena-
tors have openly avowed their unaltera BILE
hostility TO the creation of a commission
and Senator Teller, of Colorado, has de-
clared that he would remain here until De-
cember to defeat it. This being the situa-
ton, it is understood that some of the
members of the executive committee of the
Indianapolis convention are now inclined to
believe that 1t would perhaps be a mistake
TO press their request for the creation of
commission by Congress. The better and
wiser thing to do, some of them now think
would be TO withdraw their request for
commission and to use the provisional
power vested in the committee by the In
annapolis convention and themselves Sc
lect commission to investigate the cur
rency question and present their concIu-
slonS through the public press If those
conclusions were such as the administra-
ton could subscribe to they could be made
the basis OF an admins ratluu measure,
modified as Secretary Gage, conducting an
independent lnVesusatlon, might suggest.
ne secretary has been at work for some
time on comprehensive currency reform
scheme and some suggestion has been made
as 10 the wisdom OF not having further ag-
ltation Oh the question, but of permitting Mr.
Gage who has the full confidence of bust
ness men generally, to frame measure
after such consultation as he may desire
with flnanciers, business men, members of
the House and Senate and others.
The matter was under discussion at the
Cabinet meeting to-day, but not in a man
ner to lead to definite conclusion or pol
icy, and the matter went over until the
Presidents return to the city next week.
when 1t is probable that Mr.. II. H. Hanna
who is chairman of the executive commit
tee of the Indianapolis convention, and per-
hapS other members of the committee will
come to Washington to discuss the situa-
ton with the President and Mr.. Gage
Upon the result of the conference will PROB
ably depend President McKinley's action as
to special message to Congress.