WILLIAM McKINLEY.
EXECUTIVE MANSION, Washington, July 23, 1897.
To the Senate of the United States:
I transmit herewith a report from the Acting Secretary of State, with an accompanying paper, in response to the resolution of the Senate of July 12, 1897, requesting the Secretary of State to send to the diplomatic representatives of the United States abroad a circular letter, similar to the one sent by Secretary Elaine on May 20, 1881, instructing them to obtain from the several foreign governments to which they are accredited as full information as possible (including copy of laws relating thereto) as to the nature and practical workings (including expenses, receipts, and rates) of the postal telegraphs, telephones, and postal savings banks of such countries as have adopted the same.
WILLIAM McKINLEY.
EXECUTIVE MANSION, July 24, 1897.
To the Congress of the United States:
In my message convening the Congress in extraordinary session I called attention to a single subject—that of providing revenue adequate to meet the reasonable and proper expenses of the Government. I believed that to be the most pressing subject for settlement then. A bill to provide the necessary revenues for the Government has already passed the House of Representatives and the Senate and awaits executive action.
Another question of very great importance is that of the establishment of our currency and banking system on a better basis, which I commented upon in my inaugural address in the following words:
Our financial system needs some revision; our money is all good now, but its value must not further be threatened. It should all be put upon an enduring basis, not subject to easy attack, nor its stability to doubt or dispute. The several forms of our paper money offer, in my judgment, a constant embarrassment to the Government and imperil a safe balance in the Treasury.