expense to the Government and the people.

The sentiment of the country is strongly in favor of early action
by Congress in this direction, to revise our currency laws and remove
them from partisan contention. A notable assembly of business men
with delegates from twenty-nine States and Territories was held at
Indianapolis in January of this year. The financial situation commanded
their earnest attention, and after a two days' session the convention
recommended to Congress the appointment of a monetary commission.

I recommend this report to the consideration of Congress. The authors of
the report recommend a commission "to make a thorough investigation of
the monetary affairs and needs of this country in all relations and
aspects, and to make proper suggestions as to any evils found to exist
and the remedies therefor."

This subject should receive the attention of Congress at its special
session. It ought not to be postponed until the regular session.

I therefore urgently recommend that a special commission be created,
non-partisan in its character, to be composed of well-informed citizens
of different parties who will command the confidence of Congress and the
country because of their special fitness for the work, whose duty it
shall be to make recommendations of whatever changes in our present
banking and currency laws may be found necessary and expedient, and to
report their conclusions on or before the 1st day of November next, in
order that the same may be transmitted by me to Congress for its
consideration at its first regular session.

It is to be hoped that the report thus made will be so comprehensive and