Show ALDRICH ALDRIC TO STUDY MONETARY SYSTEM Beverly Aug raft had two and a half huU hours bours this after wit Senator Nelson elm Aldrich Ich o monetary commission and Secretary Senator AId Ald AldrIch AIdrich I rIch Is about to take up hI or of orthe the monetary system and lit it was as In this connection that ho he was In conference by the Ir Ii trait was wa anxious to as ascertain whether or 1 not the Hon sion be ready to report this win vIn wintel tel It Is understood that a lc answer was givon limit hilt are that thal the th commissIon ill not lie be able ItO to place Its before con comi congress gross gress for several months There has been talk of culling calling con congress n ss In extra session In fall of 1910 to begIn consideration of legislation looking to tolie the lie enactment of such changes In lie tho monetary system as the commission ma may expedient To Study System Mr Ir Aldrich will sail for Europe Europ Sat Saturday to study the monetary s systems of the leading European countries 11 Mr r Aldrich would not discuss the subject of postal banks It ItIs Itis Is not believed that thaL lie he Is altogether I opposed to the lie Idea but lie ho frankly toM the president at a former con conference ference that he thought the question of such ba banks should await the enactment or of the tho monetary legislation The monetary commIssion is con confronted fronted by tIme the problem of retiring t 2 pet pe cent bonds bond om 01 or of maintaining their The fhe latter is believed to be If there Is Isto isto to be bc a largo large issue of oC three per pOl cent hand bonds for the replenishment of lie tho general fund of tie Ole treasury for or ad adI advances I vances on of oC lie tho purchase o otho of tIme tho Panama Canal prop erty N w Tariff The question of bond Issues author I In the tho new tariff bill was con at tho ho conference sail said lie he had hadnot hadnot not progressed roach much further than when lie he last rast saw time tho president with reference to selecting members of the new tariff larler commission which Is to advise the lie president on all matters of tIme the tariff John Hays Hammond called on tho he president this afternoon Mr Ilam mond will leave leao for Arizona on business Ho was invited to 10 ae ac accompany company compan President Taft throughout his two months trIp but will JoIn the party at Salt Lake in September |