The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-07-25
TIE MESSAGE On FINANCE.
Pres1Aent Mckinley CrGes UDoA Con.
gress the Necesnity for
Refnrrn.

WASHINGTON. July sa.-President Nc
kinney message transmitted 10 congress
today Is as follows.
TO the Congress OF the United States:
In my message converting congress IL ca
s.aoI aiiaAry session, ] caiieo attention 70 q
single SUBJECT, taaI prov EsiI4s lot q rev :
eaue aaea uAte TO meet the reasonable and
proper expenses OF the government AZ
sx-4led TO oe the most pressing SUBJECT Tor
Serssssry revenues for the Soyerral.ea, has
ALREADY passed Ii. senate and mousse OK
Representatives,. AID awaits executive &C
ton
establishment o. our currency a4io paih-
.i.g system Gil better paS-s, W LleA COM
nlenfea upon n my inaugural ADDRESS IN
tao following words:
Our financial system needs REVISION.
Our money Is ali good. but rs value nLI
not be further Threatened. II should All
be put upon an enduring basis, not SUD-
3ect 10 easy attack. Ice io4Ins y. OH pa
per money oRer, IN my Judgment, con-
slant embarrassment TO the government
anu imporiis safe balance In the treas
Lry.
Nothing was settled more clearly at the
late national election than the oSteFiiisii<A-
ton upon the part or the people 10 Keep
their currency stable IN value ana eauai
TO the NEST advanced nations Of the werid-
The SouaaneSS of our currency .s nowGeT9
Questioned. No loss can occur 10 its hold
erS. L he system should be sinpiInsd and
strengthened, keeping our money joss as
good as IL Is now. with less expense 10 the
government and the people
The sentiment Of the country Is strong
~ IN favor OF early action py congress IN
this direction to Revise our currency and
remove IL from partisan contention. \
notable assembly OF business nt~a with
delegates from twsuty-nlne states and ter
riiorlss. Was held al indianapolis N jan
uary of this year. The financial situation
comma nded their earnest attention. and
after two days discussion the convention
recommended to congress the appointment
Of q monetary commission. l commend this
report 10 the consids ration OF congress.
The authors of the report recommend a
commission to make thorough lnvestiga-
ton of the monetary affairs anu the needs
Of this country in all relations. and 10
make suggestions for any evils found TO
exist and the remedies therefor.
This subject should be called to the
attention OF congress at the special ses-
sion. 1t ought not to be postponed till
the regular session.
Il therefore urge and recommend that a
special commission be created, non-parti-
San IN character. TO De composed OF well
informed citizens OF different parties who
vii. command the confidence OF congress
because OF their special fitness for the
work, whose duty 1t shall be 10 make rec
concentrations OF whatever changes in our
present banking and currency laws may
be found necessary and expedient and 20
report their conclusions on or before the
first day Of November. that same may be
transmitted TO congress at its regular ses-
sion.
1T is to be hoped that the report will
be comprehensive and sound so as TO re-
ceive the support Of all parties and the
events such a report cannot fail to be of
value 10 the executive branch. as well lis.
10 those charged with public legislation
and greatly assist in the establishment OF
an Improved system of finance.
WILLIAM MCKINLEY.
Executive Mansion. July a. 1881"