Evening star. [volume] (Washington, D.C.) 1854-1972, 1897-09-23
DISCUSSION OF METHODS
Another Executive Session of the Monetary
Commission.
Situation In Different Parts of the
Country De.cribed-Propo.ed Re-
mOval to Philadelphia.

The members of the monetary conference
assembled In their parlor at the Arlington
Hotel soon after 8 o'clock this morning,
an organization having been perfected dur
ing the afternoon and evening of yesterday.
Ex-senator Edmunds of Vermont was
chosen chairman and Col. Leighton of ST.
Louis, vice chairman
AFTER this action last evening a subcom-
mittee consisting of Messrs. Leighton. Pat
terson and Fairchild was appointed for the
purpose of considering what expert assist
ance the commission would require in the
prosecution Of the work in hand. II was
decided that two secretaries would be
needed to collate the material which will
come to the commission. This will he n
TASK Oh some magnitude, as suggestions
VIII pe invited from every practical source
ana deluge of ideas and opinions is ex
pected III would be impossible for the
commission to go through this mass of
iai' ana the secretaries will have to
oress II into shape for consideration
The subcommittee recommended Tho ca
Iection OF Mr.. l.. Carroll Root of New
YORK and Mr.. H. Parker Willis of chi.
cago, VINO were thererpon appointed. A
chosen. o pe
Inc commission will appoint three .en-
eIai committees-on banking on United
states currency and on gold and currency
10 these committees will be referred the
suegestcns upon the respective subjects
received from finarciers and business ,.,en
alter the material has been collated.
Discussing Methods.
This mornings session was devoted 70 p
discussion of the methods to be pursued h,
the commission. Each member gave his
views upon the matter, and there was a
general exchange of ideas The proceed
lhSs were of an informal character and as
the commission has not settled down 10
routine, the session was of an executiye
character, inasmCch as none but members
OF the commission and the executive com-
mlttee were invited to attend.
A part of the proceedings consisted of a
discussion of the financial needs of the
severai communities respectively. :. repre-
sented by the commissioners. AS stated
In The Star yesterday, the makeup of the
commission represents every portion of the
country, the idea in this connection beine
to have a reflection of the wishes and CON.
dition OF the business men in numerous
states.
Several members of the commission ou.-
lined briefly the situation as to the circula-
tlon OF money and the banking facilities in
their states and the adjacent territory.
he taik today was not in the shape of a
formal presentation of fact, but more of an
explanation with the view to point,ng ont
the scope which the work of the commits
sion should embrace.
IN TINS manner the early part of the day
was consumed, and a recess was taken a.
l o'clock for luncheon
Selection of Philadelphia Urged.
1t Is understood that ex-senator Ed
munds, the chairman of the commission.
las urged upon his colleagues the desira-
tility Of holding the sessions of the COM
mission in Philadelphia instead of Wash
ington- Judge Edmunds resides in Phila-
delphia and said it would be much more
convenient for him to have the sessions
there' put he thought Philadelphia would
be better place than Washington for
commercial reasons
After the recess the commission resumed
its sitting. the afternoon session being SIM
ceeding.