The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1899-04-17
CONSIDERING FINANCE
Congressional Committee Discuss
ing Monetary Legislation.
THE INDIANAPOLIS CONFERENCE


mittes by n. n. Hanna, who VIII
Urge the Enactment OF the Gold
Standard Into Law.
Atlantic City, April 17.-The COM
mittee on monetary legislation ap-
pointed at q caucus Of the Republican
members of the national house Of rep
resentatives shortly before the ad-
journment Of congress began its SEES
sions In this city today. General Da-
vid b. Henderson. Of Iowa, is chair
man, and the others members of the
committee are John Dalzell Of Penn,
sylvania, SerenorsNs Payne Of New
York, Jesse Ovsrsffeet Of Indiana,
William G. Lowering of Massachusetts,,
Charles Curtis Of Kansas, Page Nor
ris of Minnesota, Eugene F. Loud OF
California. r. B. Hawley Of Texas, J.
w. Babcock Of Wisconsin and w. 5.
Kerr Of Ohio. Haddon Hall, one Of
the largest hotels on the beach front,
Is the headquarters Of the committee,
and the meetings will be held in one Of
the parlors.
The gatherings will be private and
will probably be irregular, as the work
assigned to the members partakes
more of the nature of conference,
and as the committee is not q public
one 1t will only give out such news
for publication as best suits is pur-
pose. It is expected that the sessions
will last not less than two weeks, and
they may extend much longer. The
committee may decide to perfect bill
to meet the situation, or they may out
line q measure and then adjourn to
meet again later In the year. They
will have all Of the important bills on
the currency question that were before
the last congress, aincluding the bill Of
the monetary commission. the Nc
Cleary bill, which was reported favor
ably to the house by the banking COM
mittee; the Hill bill, which was given
a favorable report by the house coin
age committee; the bill prepared by
Secretary Gage and the bill Of Chair
man Walker. of the committee on
banking, who is no longer a member
of congress.
Mr.. Overstreet, who has given the
subject much attention, has prepared
comparison of the principal features
of all these bills. which will be of
much value to the committee.
There has also been secured from
the treasury department q great mass
of valuable financial data, including
tho reports of the secretaries, comp
trollers of the currency and directors
of the mint. In addition the commit
tee will have at its command a conf
plete codification Of the existing cur
rency laws.
1t is expected that many distinguish
ed financiers will be given the oppor.
tunity to appear before the committee
and present their views on the subject
of the expansion of the currency, the
establishment of the gold standard
and other matters to be considered.
H. H. Hanna and other representatives
of the executive committee of the In
dianapolis monetary convention, will
DO here during the sessions to urge the
bill Of the monetary commission. This
bill was framed by commission Of
which ex-senator George F. Edmunds
was chairman, and which included ex-
Secretary Fairchild of New York, G.
Stuart Patterson of Philadelphia. John
w. Fries of North Carolina and other
financial experts.
Mr.. Hanna was directed at recent
meeting of the Indianapolis executive
committee to urge the adoption of tho
entire program of the monetary COM
mission, but. If this does not appear
III h. AnA $3.50