Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1897-07-31

ITeSlucnt NtChiuIcl ecut VIC AoAtS"
ing message to Congress July "A:
To the Congress OF the United
States: In my message converting
Congress in extraordinary session, !
called attention to q single subject
that OF providing revenue adequate to
meet the reasonable and proper ex-
penses of the Government. Ii seemed
to be the most pressing subject for
settlement then. A bill to provide the
necessary revenues for the Govern
ment has already passed the House OF
Representatives and the Senate and
now awaits Executive action.
Another question Of importance is
that Of the establishment Of our cur
rency and banking system on q better
basis, which l commented upon in
my inaugural address in the following
| words:
"Our financial system needs a re-
| vision; our money is all good, but its
value must not be further threatened.
1t should ali be put upon an enduring
basis, not subject TO easy attack. The
forms of our money offer, in my judg-
ment, a constant embarrassment to
the Government and imperils a safe
| balance in the Treasury"
Nothing was settled more clearly at
the late national election than the de-
termination upon the part of the peo-
pie to keep their currency stable in
value and equal TO the most advanced
nations OF the world.
The soundness of our currency is
not here q question. No less can it
occur to its holders. The system
| should be simpliied and strengthened,
keeping our money just as good as tits
now, with less expense to the Govern
ment and the people.
The sentiment OF the country is
strongly in favor OF an early action by
Congress in this direction to revise
our currency laws and remove them
from partisan contention. A notable
assembly of business men, with dele
gates from twenty-nine States and
Territories, was held at Indianapolis
in January OF this year. The finan-
cial situation commanded their earn
est attention, and after atwo days ses-
sion the convention recommended to
Congress the appointment of a none
tary commission. Icommend this re-
port to the consideration OF Congress.
The authors of the report recommend
a committee 'to make a thorough in
vestigation OF the monetary affairs and
needs of this country in all relations
and aspects, to make proper sugges-
tons as to any evils found to exist and
the remedies therefor" This subject
should have been called to the atten-
ton of Congress at the special session.
1t ought not to be postponed until the
regular session.
l therefore urge and recommend
that a special commission be created,
non-partisan in its character, to be
composed Of well informed citizens Of
different parties, who will command
the confidence of Congress because Of
their special fitness for the work,
whose duty it shall be to make recon-
mendations Of whatever changes in
our present banking and currency
laws may be found necessary, and who
will reach their conclusions on Or be-
fore the first day of November next,
in order that the same may be trans
mitted by me to Congress for its con-
sideration at its first regular session.
1t is to be hoped that the report
will be &c comprehensive and sound
as to receive the support Of all parties
and the favorable action Of Congress.
At all events, such a report cannot fail
to be of value to the executive branch
Of the Government as we'll as to those
charged with public legislation and
greatly assist in the establishment Of
an improved system of finance.
WILLIAM MCKINLEY.
/ Executive Mansion, July "a, 1897.
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