Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1897-07-31
M'KlNLEYS MESSAGE.

Message of the President to Congress Rec
ommending the appointment of a Com-
mission to Make u Thorough InvestigH-
tion of the Monetary Affairs and FInan-
clai Needs of the Country and to Make
Suggestions fos a Remedy.
WASHINGTON, July 24.-The follow
ing message was sent to congress to-
day:
ITO THE CONGRESS OF THE UNITED
STATEs-In my message convening the
congress in extraordinary session. l
called attention to single subject
that sof providing revenue adequate to
meet the reasonable and proper cx-
penses OF the government. 1t seemed
to be the most pressing subject for set
tlement then. bill to provide the
necessary revenues for the government
has already passed the house of repre-
sentatives and the senate and awaits
executive action.
"Another question OF Importance is
that of the esta blishment OF our cur
rency and banking system on better
basis, which i commented upon in my
inaugural address in the following
words:
"'Our financial system needs iarevi-
sion. Our money is all good, but its
value must not further be threatened.
1t should all be put upon ali enduring
basis, not subject to easy attack nor
instability nor dispute. The forms OF
our paper money offer. in my jndg'
ment, a constant embarrassment to the
government and imperil safe balance
| in the treasury
"Nothing was settled more 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 it's holders. 1t is
the system which should be simplifed
and strengthened, keeping our money
just as good as it is now with less ex-
pense to the government and the peo-
pie.
"The sentiment of the country is
strongly in favor Of early action by
congress in this direction, to revise our
currency laws and remove them from
partisan contention. A notable as
sembly of business men with delegates
from 20 states and territories was held
at indianapolis in January of this year.
The financial situation commanded
their earnest attention, and after two
days session the convention recon-
mended to congress the appointment OF
n monetary commission.
II commend this report to the con-
. sideration of congress. The authors
of the report recommend a commits
, sion 'to make thorough investi
) cation of monetary affairs and needs
: of this country in all relations and as
, poets, and to make proper suggestion.
} as to any evils found to exist and The
remedies therefor"
' This subject should have been called
to the attention of congress at the spe
: cial session. 1t ought not to be post
I poned till the regular session.
t II therefore urge and recommend
l that special commission be created
: non-partsan in its character, to b.
e composed of well-informed citizens o
different parties who will command th
I confidence of congress, and because o
their special fitness for the work, who's
, duty it shall be to make recommends
: tions of whatever changes in our pres
a ent banking and currency laws may b'
:. found necessary and expedient, aud tt
: report their conclusions on or before
0 the first day of November next in order
i that the same may be transmitted
!. by me to congress for its consideration
S at its first regular session. 1t is to bt
r hoped that the report will be SO CON
7 prehensive and sound as to receive the
support of all parties and the favora
Bile action of congress. At all events
such re, ort can not fail to be of value
to the executive branch of the govern
y ment, as well as to those charged with
public legislation, and to greatly assis,
in the establishment of an improved
system of finance.
[Sgned.] "WM. MCKINLEY.
>, "Eyecutive Mansion July "a, 1891"