The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-02-28
THE VETERAN V0YAGERS.
Ancient Democratic NavigatOrs Coming
OwnSalt River.
THE LONG CRUISE ALMOST ENDED
And the Patriotic Mariners Heading
for the IlarbOr
UNDER CAPTAIN CLEVELAND.
Mr.. Hendricks Arrives at Washington ard
Mr.. Cleveland to Start Thither Next
Tuesday-Mr Cleveland on
silver-Cabinet Rumors.
UNDER CAPTAIN CLEVELAND.
GENERAL POLITICAL POINTS,
Cleveland on silver cornare

ALBANY, Feb. 27,--The following il
the reply addressed by President-elect
Cleveland to the silver coinage advocate
in congress:
To the Hon. A. j. Warner and other mem.
bers of the forty-eighth congress:
GENTLEMEN; The letter which have
had the honor to receive from you i'm
vltes, and indeed obliges me, to
give expression to some very
grave public necessities, although
IN advance of the moment W hen they
would become objects of my official caro-
and partial responsibility. Your solici
tude that my Judgment Shall have been
carefully and deliberately formed is on
tirely just, and accept the suggestion
IN tn same friendly spirit in which
u has been made. IL is also fully iusti-
ned by the nature of the hnan
cial crises, which, under tho opera
tion of the act of congress,
of February %, 1873, is now
close at hand, BY compliance with the
requirements OF that law all the vaults
OF the federal treasury have
oeen and are heaped full OF
silver coin, which are now worth
gold dollar prescribed as the
'unit of value" in section IA of the
act OF FEBRUARY II 1873, and which
with silver certificates representing
such coin are receivable for all public
dues. Being thus receivable, while also
constantly increasing in quantity at The
rate OF S2S,OOO,OOO year, IL has followed,
OF necessity, that tho flow
Of gold into the treasury
has been steadily diminished. Silver
and silver certificates have displaced
and are now displscing gold, aud the
sum OF gold in the treasury
now available Tor the payment Of
gold obligilion of the United States,
Tor tho redemption Of United Stases
notes, called "green5acks,n if not al
facts, while they do not admit
OF difference of opinion, call for
no argument. They have been fore
warned to us in the official reports of
every secretary of the treasury from
1873 until now. They are plainly
affirmed in the last December report Of
the present secretary to the speaker
Of tho present house of repre-
sentatives. They appear in the off
cial documents of this congress,
and in the records of the New York
clearing house, of which the treasury is
q. hAHaAAbNAf AAAA NlilfI lIO Dlllh
of tho receipts aud payments of the
federal Il government and the
country pass. These being the
danger, our duty To avert that danger
would seem plain. I hope Won
viii concur with mo and with the great
majpty of our fellow citizens
In deeming IL most desirable, at tho
present luncture, 10 maintain aud con-
Jlnue TO use the mass of our
gold coin, as well as the
mass of silver already coined. This
Is possible by the present suspension
ot the purchase and coinage of sill.
yer. am not aware that by
any other method IL is possible.
IL Is OF momentous importance
to prevent tho TWO metals parting com.
panyi TO prevent tho increasing dis
placement OF gold by increasing the
coinage OF silver; TO prevent the
disuse OF gold In the custom house of
the United States in the daily business
.oi the people, to prevout the ultimate
expulsion, of gold by silver, which
financial crisis as these events would
certainly precipitata, were now To
follow upon so long n ne.
riod OF commercial depression,
would involve the people OF every
city and every state IN the Union In pro-
longed and disastrous trouble, aud tho
revival OF business, enterprise and pros
ParilY so ardeutly desired anu
dpple ty so near won d le
hopolossly postponed. Gold would bo
withdrawn TO is boarding place and
unprecedented contraction I'm the
actual volume of our currency
would speedily take place. Tho saddost
OF all, in every workshop, mill,
factory store, aud on overy railroad
and farm the wages Of labor, already
depressed, would suffer still further
depression by the scaling down
.ot tho purchasing power of every
so-called dollar paid into the
hand OF toll. From these impending
calamities IL is surely most patriotic
and grateful duty of the representative
Of tho people TO deliver theu.
/ am, gentlemen, with sincere respect,
your urtell0w-citizcn,
Signed GROVER CLEVELAND,
ALBANY, Feb. q, 1885.