The record-union., 1897-07-03
II Will Be Definitely Decided During This
Week.
He Is Strongly Inclined to Send
Message Recommending the
Creation of a Commission, but
It Is Thought Unadvisable-
The CIoture Could Force Tt
Through the House, but It's OPP
ponents in the Senate Could
Not Be So Easily Gagged.

WASHINGTON, July 3.-Tne ques-
ton whether the President will send a
special message to Congress recon-
mending the creation Of currency
commission will be definitely decided
next week.
The President is strongly inclined at
this time to send a special currency
message to Congress, regarding him
self as in a considerable measure
pledged TO this course. In fact, it was
semi-officially announced at the White
House late this afternoon that such a
message would be sent to Congress
next week, but some of the Presidents
influential advisers on financial ques-
tions are opposed to a message as i'm
polite at this time, owing to hostility
to commission on the part of Con-
gress and the final determination, as
stated, will not be reached until Mr.
McKinley's return from Canton.
The Executive Committee of the In
dianapolis Sound Money convention
have been advocating the commission
scheme ever since the advent of the
present administration. It had also
the sympathy of the President, who
committed himself to it in his inaugural.
President Mckinley, however, did not
care to recommend it to Congress while
the tariff bill was pending, lest it might
complicate and delay action upon the
measure. But all along the chief diff
Guilty which presented itself to those
who favored a commission for the in
vestigation of the currency system has
been the opposition it would encounter
in Congress. While a bill for the ere
alton of a commission could easily be
passed in the House, where factious op-
position would be unavailing against
the operation of cloture order that
would bring it to a vote such opposi-
ton in the Senate might be almost in
terminable.
Several Of the s. yer Senators have
openly avowed their unalterable hos
Utility to the creation of a commission
and Senator Teller of Colorado has de-
clared that he would remain here until
December to defeat it. This being
the situation, it is understood that
some of the members of the Executive
Committee Of the Indianapolis conven-
ton are now inclined to believe that
1t would perhaps be a mistake to press
their request for the creation of a COM
mission by Congress. The better and
wiser thing to do, some of them now
think, would be to withdraw their re-
quests for commission and to use the
provisional power vested in the COM
mittee by the Indianapolis convention
and themselves select a committee to
investigate the currency question and
present their conclusions through the
public press. If those conclusions
were such as the administration could
subscribe to, they could be made the
basis of an administration measure.
modified as Secretary Gage, conduct
ing an Independent investigation. might
suggest.
Te Secretary will be at work for some
time on comprehensive currency re-
form scheme, and some suggestion has
Deen made as to the wisdom of not
having further agitation of the uues-
tlon, but OF permitting Mr. Gage, who
has the full confidence of business men
generally, to frame a measure after
such consultation as he may desire
with financiers, business men. MEM
bers Of the House and Senate and 9TH
ers.
The matter was under discussion ar
IN Caplnet meeting to-day, but not in a
manner to lead to a definite conclusion
or policy. 1t is probable that Mr.. Han
ma, who is Chairman of the Executive
Committee of the Indianapolis conven-
ton and perhaps other members of the
committee, will come to Washington
after the Presidents return from Cam
ton, to discuss the situation with the
President and Mr.. Gage