Rutherford B. Hayes: “In answer to the resolution of the Senate of the 11th of March instant, I herewith transmit a report from the Secretary…”

I would commend the suggestions and recommendation of the chairman of the Commission to the careful consideration of Congress.

I transmit herewith a copy of proclamation for the convening of an extra session of the Senate of the United States at the Capitol, in the city of Washington, on the 4th day of March next, at noon.

If successfully accomplished, it will secure a large decrease in the annual interest payment of the nation, and I earnestly recommend, if the bill before me shall fail, that another measure for this purpose be adopted before the present…

I can not but regard the fifth section of the bill as a step in the direction of the destruction of the national banking system.