Evening Republican, Volume 17, Number 69, Rensselaer, Jasper County, 21 March 1913 — CURRENCY REFORM AT EXTRA SESSION [ARTICLE]

CURRENCY REFORM AT EXTRA SESSION

Tariff Revision to Be Speedy and . Law Makers WW-Jben Tackle Currency Legislation.

Washington, March, 20.—Encouraged by the rapid progress already made in the preparation of a tariff revision bill, close friends of President Wilson predicted tonight that there surely would be currenry reform before the extra session of congress adjourned next summer.

Tho~ president talked informally with some of his callers about the prospects of currency legislation. They went away convinced that while the president would devote himself first and foremost to tar-’ iff revision, he now hoped that at least a start on monetary reform, if not active action, would be possible during the extra session. From the first, the president has believed in the necessity for immediate currency reform and, though anxious th at congress focus its attention and that of the nation on the tariff question, he never has given up the idea of getting a currency measure before the country within a few months. Senator Simmons; chairman of the finance committee, is reported to have said that the tariff could be disposed of within three months. Like the tariff, the currency bill when drawn will be presented as a .party measure, carefully worked out by congressional committees ifi cooperation with the president. It will not be made public,, it is said, until it has been closely studied by members of the cabinet, recognized authorities on currency questions, and some of the leading businessmen of the country in whose judgment the administration has confidence. It is pointed out that all the work of preparation can be carried on inconspicuously while the tariff debates occupy the center of the stage in congress. The president intends to stay i t Washington throughout the extra session, giving every ’attention to legislative matters.