The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1899-04-17

Atlantic city. n. j.. April l6.--The
committee on monetary legislation ap-
pninted al caucus Of the Republican
members of the national house OF rep
rcsentatives shortly before the adj
iournmrnt of congress. will begin It's
sessions in this city tomorrow. Cen
craI David r. Henderson, of Iowa, is
chairman. and the other members of
the commission are as follows: John
Daizell Pennsylvania: Serene E.
Payne. New York: Jesse Overstreet,
Indiana: william G. Lowering, Massa
rhusetts: Charles Curtis. Kansas;
Page Morris. Minnesota; Eugene +.
Loud. California; Il. L. Hawley, Tex
as: j. ". Bahcock, Wisconsin; w. :.
Kerr. ohio. The commission Is consid-
cred to cmbody the sound financial
thought of tho Republican side OF the
house. Messrs. Henderson and Dalzell
make. with Speaker Reed, q majority
of the committee on rules; Mr.. Payne
is chairman of the committee on ways
and means. and several others are rep
rescntatiVe business men who are in
sympathy with the movement to put
the monetary standard beyond attack.
Haddon hall. one Of the largest hotels
on the beach front. is the headquarters
90 the committee and the meetings will
ne held in one Of the parlors. The
gatherings will be private and will
probably be irregular as the work as
signed to the members partakes more
Of the nature Of a conference, and as
the committee is not Il public one. it
will only give out such news for publi-
cation as hest suits it's purpose. 1t is
expected that the sessions will last not
less than two weeks and they may ex-
tend much longer. The committee
may decide to perfect a bill 10 meet
the situation, or they may outline a
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, including the bill of the
monetary commission; the McCleary
bill, which was reported favorably to
the house by the banking committee:
the Hill bill. which was given a fa-
vorable report by the house coinage
committee: the bill prepared by Secre-
tary Gage and the bill of Chairman
Walker. u' the committee ON banking
who is no songer a member of congress.
Mr.. Overstrcet, who has given the
subject much attention, mas prepared a
comparison of the principal features of
all these bills which will he of value
10 the committee. There has also
been cured from the treasury depart
ment great mass of valuable finan-
'ial data, including the reports of the
secretaries, Comptrollers OF the cur
rency and directors of the mint, In
addition, the committee will have at its
command a complete codifcation Of
the existing currency laws
Members Arrive.
Only two or three of the members
are here tonight, but it is expected
that all will arrive by tomorrow, with
the exception of the California mem
ber Mr.. Loud, who will defer making
the trip east until the work Of the
committee is we'll advanced.
1t is expected that many distin-
suished iinanciers will he given the
opportunity to appear before ..e COM
mittee ana present their views on the
subject of the expansion of the cur
rency. the establishment of the gold
standard and other matters to be com
sdered.
II. II. Hanna, another representa-
tive of the indianapolis monetary con-
vention, will be here during the ses-
sions 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 Fair
child, of New York; G. Stuart Patter-
son, 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 adop-
tion of the entire programme of the
monetary commission, but if this does
not appear possible, to accept modii-
cations not inconsistent with the prin-
ciples of the bill. These principles
relate to the enactment OF the gold
standard into law, the protection OF
the treasury against gold raids by
means of more definite and greater
provision for Sreenbacks and the
adoption of an adequate and flexible
currency for the future needs of the
expanded republic. II is said to be
probable that each of these topics will
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