New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-08-04
EXTRA SESSION In 1910
CONSIDER MONETARY
EXPERTS REPORT.
Commission viii Not Be Able to
Submit Findings to Congress
Until Spring.

Aur at is probable that
~es<ion Of Congress will be called in
Fee 7s1o. 10 take action on the report OF the
's.,onsl 0.sol Monetary Commission
~, .ro,onged debate on the tariff bill has i'm
l ne work Of this commission. and it is
Fo'o -.a;r that il will be unable to make any
'os cornplete report before next April or
nne -.-o.or Aldrich. chairman of the commits
NAY a,,..s that it may be several months or
soA Ger the submission Of the report before
ons'- ,.iu he ready 10 take it up for serious
,ousideration
snecial session the Republican lead
S.,S that if will be necessary for the Presi-
en- o,nvene Congress in extraordinary ses-
asA' !. ,,,.el,s ar Two months before the open
~ the regular short session next year for the
ne 80 nurpose Of considering the recon-
"..s. -s.,,ons Of the Monetary Commission.
p.fore Mr.. Aldrich leaves Washington for the
- no Mill have a conference with Repre-
'-,.,i,,e vreeland. the ranking House memoer
!, ne Monetary Commission. with view 20
..-~plating plans for the commissions work
~ ear Those members Of the commission
=, are not now in Congress have been doing
'-s,,r,stie preliminary work since early IN
March :,
-, rsriorIs experts in this country and III
,-.oDs and Asia who were employed 10 prepare
- .ornile special reports and tables relating.
;. b,rting and finance have begun 10 send IN
.,.,r reports. These reports ara being ac-
-.-.,lss and analyzed and in a few months the
....-,isson will be ready 10 begin the work "i
.,,mulsting its reductions
:. = understood that the commissions report
an he in two parts. The first part will relate TO
,s.uonstrative banking and the second part 10
:. frndan,ental changes which are desired in
=, financial system. Every phase OF banking
- o,--ancy will be covered in the reports of
;, commission. and in every case the findings
sstbe commission viii be supported by the most
,Ys4t authorities here and abroad
vsnhers Of the commission are fully aware
,as 8 conplete reorganization OF the banking
~ currency system of the United States can
rt he brought about unless il is supported by
srouE public sentiment. They appreciate the
vide divergence Of views among bankers on this
tssstion and il is their purpose 10 endeavor If
rssble. 10 compose these conflicting opinions.
70 this end they viii conduct q campaign OF
siucztion The reports Of the experts Will be
r2de public through the magazines and the
aRr press and an effort will be mace 10 con-
nce the business world that the commanding
rnrercisl position Of the United States makes
imperative thar il shall lead the world in
gsatihe and modern banking and currency
nrheos
Prom time 20 tine members OF the commits
son viii visit the leading commercial centres OF
this country 10 advise bankers and other bust
ness men as 10 what the commission is seeking
to accomplish ana 10 enlist the cooperation OF
practical men OF affairs and experience in its
WORK
Ar Gldrich VIII make al least three addresses
heAl lsA probably in Chicago. 81. Louis and
milwaukee, The Rhode Island Senator viii
Rave Washington the last Of this week for
tsT visit to his summer home at Warwick
NECK T. l. He Will sail for Europe the latter
ls't o. This month and viii spend September at
bsa Nsaheim. It is his purpose 10 return 10
le United States in October. when a meeting
me monetary commission viii be held TO
fsih the real work Of formulating the new cur
fsacy laws