The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1897-07-29
cuRRENcY REFo RM.
President Urges the Creation Of q
q. COmm issiOn. S.s4s

President Urges the Creation Of q
Commission. s5ssss
Washing july 90. The president
has sent the following message to con-
gress.
ITO the Congress OF the United States:
In my message converting the congress In
extraordinary session ] called attention to
single subject-that OF pr0viding revenue
adequate to meet the reasonable Apd
proper expenses OF the government. ] be-
lieved that to be the most pressing sub
ject for settlement then. "a bill to provide
the necessary revenues for the government
has already passed the house Of represent
atives and the senate and awaits execu-
tive action. {s 34 SIS 81 sSi 5s3
lance Is that Of the establishment Of our
currency and banking system on q better
basis. which commented upon In my In
augural address In the following words:
Our financial system needs some re-
vision; our money is all good. but Its value
must not further be threatened. Il should
all be put upon an enduring basis, not sub
ject to easy attack, nor Its stability to
doubt or dispute. The several forms Of our
paper money offer, In my Judgment. q COR
slant embarrassment to the government
and imperil safe balance In the treasury
Nothing was settled more clearly at the
late national election than the determine
ton upon the part Of the people to keep
their currency stable in value and equal to
that Of the most advanced nations Of the
world {ss . as
.'The soundness Of our currency is mo-
where questioned. No loss can occur to its
holders. 1t is the system which should be
s!mplifed and strengthened, keeping our
money just as good as 1t is now, with less
expense to the government and the people.
& The sentiment Of the country is strong
~ in favor Of early action by congress in
this 6irorfinni m orr lox., -
and remove them from partisan. conten-
ton. A notable assembly Of business men
with delegates from % states and terri
tories was held at Indianapolis in January
Of this year. The financial situation COM
mandeds their earnest attention, and after
Ia two-days' session the convention rec
commended to congress the appointment
Of monetary commission. %Ts.* @sE
Il commend this report to the consid-
GRAFTON of congress. The authors of the
report recommend a commission to make
a thorough investigation of the monetary
affairs and needs Of this country in all re-
lations and aspects and to make proper
suggestions as to any evils found to exist
and the remedies therefor .szI1
This subject should receive the attention
Of congress at the special session. 1t
ought not to be postponed until the regu-
lar session. So. ~. 7E.5%
II therefore urgently recommend that a
special commission be created, non-parti-
san in its character, to be composed of
Well-informed citizens Of different parties,
who will command the confidence of con-
gress and the country, because of their
special fitness for the work, whose duty
it shall be to make recommendations of
whatever changes in our present banking
and currency laws may be found necessary
and expedient. and to report their conclu-
sions on or before the LIST day Of Novem-
Der next. In order that the same may be
transmitted by me to congress for its
consideration at its first regular session.
1T is to be hoped that. the report thus
made will be SO comprehensive and sound
as to receive the support of all parties
and the favorable action Of congress. At
all events such report cannot fail to be
Of value to the executive branch Of the
government as well as to those charged
with public legislation, and to greatly as
sist in the establishment Of an improved
system of finance. - :s.
civilian M'KINLEY. d
Executive Mansion, July a. 1897"