The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-08
MESSAGE WILL BE
SENT TO CONGRESS-
HE WILL ASK FOR A COMMITS
SION OF NINE MEN.
Commission Will be Non-Partisan in
Character, and Consist of Prom
inent, Well-Informed Citizens
Who VIII Command Public Con-
fdence Slight Differences of
Opinion as to Results.

Washington, July president Nc
Kinley called a special meeting of the
cabinet for today.
After discussion lasting over an
hour, the cabinet decided that the
president should send to congress a
message recommending legislation pro-
vidins for commission to adjust the
currency questions of the country. 1t
is the expectation of the president that
the subject will%Taceive the attention
. Of congress during the present extra
( session. The message itself is written
and is short. It's principal feature is
/ a quotation from the presidents in
auSural address on the financial sub
! iect.
The president VIII ask authority to
name nine commissioners and for an
appropriation for the expenses of the
/ commission, but Will not make sug-
/ gestions as to the political or other
composition OF the commission, nor
viii he make any suggestion as TO the
lines of investigation He viii simply
call attention TO the necessity of a re-
form in cur currency and national
Z banking laws, and state that in his
opinion this reform is equally i'm
portant with the enactment of a pro-
tective tariff law
The message was framed by the
president himself. and like his other
special messages 70 congress states the
necessity Of the occasion tersely. 1t
was prepared BY him after a consulta-
Cca with one or two advisors and sub
mitted 10 the cabinet az a Whole only
today when 1t was read in complete
form. Il recites the fact that the tar
if bill has now passed both the house
80 u N q r1-~4 III
soon he coacgrred in by both houses.
With that acted upon, a subject of
equal Importance, he says, demands
immediate attention-that CT reform in
our currency. TIE message quotes from
the inaugural address. in which he
SAT-.
Our financial system needs some re
vision. Cur money is all good now, but
its value must not be further threat
ened. L should all be puI on an en-
during basis, net subject to easy at
tack nor its stability 10 doubt or dis
puie. Therefore l believe il necessary
10 devise a system which, without di-
miniShing the circulating medium or
offering premium for its contraction /
will put a remedy for these arrange !
ments, which are temporarily in their (
nature and might well in the years of I
our prosperity have been displaced Wy
wiser provisions. With adequate rev.
enue secured, but not until then, we
can enter upon such changes in our
financial laws as will, while insuring
safety and volume TO our money, no
longer impose upon the government the
of maintaining so large a gold
reserve with its attendant and inevita-
bic temptations to speculation.
1t also cited the works and recon-
mendations of the Indianapolis cur
rency convention, and says If the power
IS vested in the president, it is his pur-
pose to appoint a commission (nOn-
oartisan) cons;s ing of prominent, we'll
informed citizens who will command
public confidence. The message closes
With the hope that the congress will
enact legislation at this session to
,ause this commission to be made up
If both parties, so that the president
nay be prepared to report to congress,
when it reassembles in the first term
# the next regular session.
The president, while believing that
congress will respond to his message,
5 not over confident, and there was
ome difference of opinion expressed by
he cabinet as to the fate the recon-
nendation would meet. The majority
however, believed that the opportunity
vas at least a favorable one, and it
vas al any rate the duty of the ad
10 do what it could to
Iasten the reform.