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McKinley, William, 1843-1901

"A Supplement to A Compilation of the Messages and Papers of the Presidents"


Most of our financial laws are the outgrowth of experience and trial,
and should not be amended without investigation and demonstration of
the wisdom of the proposed changes. We must be both "sure we are right,"
and "make haste slowly." If, therefore, Congress, in its wisdom,
shall deem it expedient to create a commission to take under early
consideration the revision of our coinage, banking and currency laws,
and give them that exhaustive, careful and dispassionate examination
that their importance demands, I shall cordially concur in such action.
If such power is vested in the President, it is my purpose to appoint
a commission of prominent, well-informed citizens of different parties,
who will command public confidence, both on account of their ability and
special fitness for the work. Business experience and public training
may thus be combined, and the patriotic zeal of the friends of the
country be so directed that such a report will be made as to receive the
support of all parties, and our finances cease to be the subject of mere
partisan contention.


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