The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-08-28
FOR CURRENCY REFORM
MONETARY EXECUTIVE COMMITTEE
HAS NAMED A COMMISSION.
Composed of Eleven Strong and Rep
Encouragement ON ALI Sides.

Mr.. Hugh H. Hanna returned to the city
yesterday after an absence OF three weeks
during which he has Travelled over much
Of the country in his work as chairman of
the executive committee of the monetary
convention held in this city last January
At it's meeting at Saratoga on Aug. is, this
committee selected a currency commission
of eleven men to prepare a currency bill
for presentation to Congress at its next
session. The commission is made up of re-
markedly strong men, representing various
sections of the country and many lines Of
business. OF the eleven appointed, the &C
ceptances of seven have been received and
the others have the matter under advise
ment and will be heard from in three or
four days. The commission will be called
together to organize and begin work at
Washington about the middle of September
The first work of the commission will be
the collection of data, and for this purpose
number of experts will be brought before
it and large amount of historical infor-
nation and suggestions that have been sub
mitted to the executive committee will be
turned over to it. AT the same time Chair
man Hanna invites suggestions from peo-
pie of all classes, giving assurance that
they will be presented to the commission
and given due consideration. 1t is the in
tention to go into the matter very thor
oughly in order that the measure may be
the crystallzation of the soundest thought
and experience of the people, and founded
upon financial principles that the history
of the world has shown to be sound. The
executive committee has already ii large
amount of material that has come to it,
and it is the expectation that much mora
will come to it as soon as the people gen.
orally understand that they are expected
to contribute any views or knoWiedge they
have upon the subject. All TINS VIII be
carefully classified, presented to the COM
mission and considered.
The members of the commission are paid
no salaries. but their personal expenses
and the expense of their work will be taken
care of by the executive committee 1t is
purely a work of patriotism, and as all
the members are men of affairs, whose
time is of value, their acceptance involves
no little sacrifice.
support of the movement continue to come
in from all classes of citizens and from all
sections of the country, including thinking
farmers leading men in various lines Of
trade and manufacture senators. members
of the House and members of the admin
istratOn.
1t is probable that the commission will
sit in Washington, where the data in the
archives of the government is of easy ac-
cess and where the advantages Tor pur-
suing its work are numerous.
Il feel very much encouraged said
Chairman Hanna last evening I have
travelled much during the past two weeks
and l hnd among men of affairs and in
flueLce everywhere as lively sense OF
the necessity of a. conservative reform of
the currency as existed year ago. when
the conditions We're brought home to us
all by the general depression. / am salts
fled that the commission selected by the
committee will be able to devise a measure
that viii command the confidence and sup
port of the country anu commend itself to
Congress.
MIR. J. J. Mitchell, of Chicago, has been
made treasurer Of the executive committee.
and a subcommittee on finance has been
formed. composed Of Gen. ]. r. Hanson, of
Macon, Ga: j. j. Mitchell. of Chicago, and
Alexander Orr, of New York