Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1897-07-29

.ssss~asiisx IN. spr.,s,n~ss .f /. C..a-
.si-~taa to usk. Thorough Iav~sttxs-
t,.s Of the wss-t.sy A1.,rs s.s s,nsn-
eist Need. sf tho to.ntry and to Mako
-asg-.tiaa- TO- Rs~~dy.
wAsuISarcN. july as-The follow
ing message was sent 10 congress to-
day;
To ruE CoNGRFs> oF ruE UNITED
>rArrs-In my message convening the
congress in cxtraoriinary session. |
called attention to a single subject
that sDf providing revenue adequate To
meet the reasonable aud proper cx-
penses 30 the government IL seemed
to be- the most pressing subject for set
ticment then. A bill ~ provide the
necessary revenues for the government
has already passed the house OF repre-
scntativss aud the senate aud awaits
executive action.
Another question Of Importance il
that Of the csta blishm-nt Of our cur
reucy and banking system on better
basis. which 7 commented upon in my
inaugural address in the following
words:
Dur financial system needs rcvi-
sion. our money il all good. but its
value must not further be threatened.
II should all bc put upon an enduring
basis. not subject to easy attack nor
instability nor dispute. The forms ~
our paper money offer. in my judg-
ment, a constant embarrassment to the
government and impcril safe balance
in the treasury.
Nothing waS settled morc clearly
at the late national election than the
determination upon the part of the
people to keep their currency stable in
value and equal to the most advanced
nations Of the world. The soundneSs
Of our currency is nowhere questioned.
No loss can occur To its holders. IL il
the system which should be simplifed
and strcng thened. keeping our money
just a. good a. il Il now with less cx-
Pense to the government and the Pco-
pie.
The sentiment OF the country il
strongly in favor of early action by
congress in this direction. to revise our
currency laws aud remove them from
partisan contention. A notable as
sembly of business men with delegates
FROM - states and territories was held
at indianapolis in January OF this year.
The financial situation commanded
their earnest attention, aud after two
days session the convention recon
mendcd to congress the appointment of
a monetary commission.
Il commend this report TO the con-
sIderation Of congress. The authors
of the report recommend n commits
sion Ito make thorough investi-
CATION of monetary affairs and needs
Of this country in all relations and as
pects, aud to make proper suggestions
to any evils found to exist aud the
remedies therefor
This subject should have been called
u the attention OF congress- at the spe-
eial session- IL ought not TO be post
poned till the regular session.
II therefore urge and recommend
that Especial commission be created.
non-partisan in its character. To be
composed of well-informed citizens OF
different parties rho will command the
confidence of congress-. and because of
their special fitness for the work. whose
duty il shall be To make recommends
tions of whatever changes in our pres
ent banking and currency laws may be
found necessary and expedieut, and to
report their conclusions ON or before
the first day Of November next in order
that the same may he transmitted
by me to congress- for its consideration
Mt its first regular session. IL is To be-
hoped that the report will be 50 com
prehensivc and sound as To receive the
support of all partieS and the favorn-
BILE action Of congress. At all events,
such re, ort can not fail To be of value
to the executive branch Of the govern
ment, as well as to those charged with
public legislation, and To greatly assist
in the establishment of an improved
system of finance.
signed. "WM MCKINLEY.
..Exrcutix. Mansion IuIr u isal