Items of Interest

The President, exercising his prerogative during the interim of the sessions of the Senate, has notified the State Department that the proposition of the Dominican Government to have the United States take control of the finances of that Republic for the payment of its debts, has been accepted. A treaty to the same effect had been laid before the Senate at its special session by the President, but that body adjourned without ratifying the treaty. There is rejoicing in Government circles in the islands, at the American legation, and among foreign and domestic creditors. The President's action is strongly disapproved in many quarters as quite unwarranted.

The six members of the Panama Commission have, by request of the President, handed in their resignations. Impatience at the delay in carrying forward the canal work, and the unwieldy size of the Commission, have contributed to this action. Only one or two of the present Commission will be in the new Commission and Secretary Taft will have supervision of the work. It was hoped that the Senate would take action on the matter, but it adjourned without doing so.

Less than five thousand ounces of silver for the making of subsidiary coins remain at the Philadelphia mint. Through some oversight Congress adjourned without making any provision whatever for the purchase of more silver. It was expected that Congress would authorize the recoining of the old silver dollars lying in the Treasury, which are represented by paper certificates, several hundred million dollars worth of which are lying idle.

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Our High Calling
April 8, 1905
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