Democratic Northwest. [volume] (Napoleon, Ohio) 1869-1894, 1885-03-05
CLEVELAND ON SILVER.
His Letter TO A. j. Warner and Others
on the Subject.

ALBANY, Feb. 2T.-The following il
the reply addressed by President elect
Cleveland to the silver coinage advo-
Gates in Congress:
To Hon. A. ]. Warner and others,
of the Forty-eight Congress:
GENTLEMEN:-The letter / have had
the honor to receive from you invites
and indeed, obliges ME to give express
ion to some grave public necessities, al
though in advance of the moment
when they would become the objects of
my official care and partial reponsibili-
ty. Your solicitude that my Judgment
shall have been carefully and deliber-
ately formed is entiiely just, and ac-
cept the suggestion in the same friend
| ly spirit in which it has been made. 1t
is also fully justified by the nature of
the financial crisis which, under the
operation of the act of Congress of Feb
ruary 2S, 1878, is now close at hand. BY
compliance with the requirements of
that law all the vaults of the federal
treasury have been ,and are, heaped full
of silver coins, which are now worth
less than 5per cent. of the gold dollar
prescribed as "the unit of valuer in
section IA of the act of February II,
1873, and which, with the silver certi-
ficates representing such coin, are re
ceivable for all public dues. Being thus
receivable while also constantly increas-
ing in quantity at the rate of SOS, ,000,-
600 year, it has followed, of necessity,
that the flow of gold into the treasury
has been steadily diminished. Silver
and silver certificates have displaced,
and are now displacing gold, and tho
sum of gold in the federal treasury, now
available for the payment of the gold
obligation of the United States and for
the redemption of the United States
notes called ''greenbacks," fnot already
encroached upon, is perilously near
such encroachment. These are facts
which, as they do not admit of differ
ence of opinion, call for no argument.
They have been fOrewarned to us in the
official reports of every secretary of the
treasury from 1878 till now. They are
plainly affirmed in the last December re-
port of the present secretary ofthe treas
ury to the present house of representa-
tives. They appear in the official docu-
ments of this Congress and in the re-
cords of the New York clearing house,
of which the treasurer is member,
and through which the bulk of the re-
ceipts and payments of the federal gov
ernment and the country pass. These
peing the facts of our present condition
our danger and our duty to avert
that danger would seem to be plain.
l hope that you concur with me and
the great majority of our fellow citizens
in deeming it most desirable at the
present juncture to maintain and con-
tinue in use the mass of our gold coin as
well as the mass of silver already
coined. This is possible by the present
suspension of the purchase and coinage
of silver. am not aware that by any
other method is it possible. 1t is of
momentous Importance to prevent the
, two metals from parting company, to
> prevent the increasing displacement of
gold by the increasing coinage of sill
yer, to prevent the disuse of gold in the
custom houses of the United States in
the daily business of the people, to pre-
vent the ultimate expulsion of gold by
silver.
Such financial crisis as these events
would certainly precipitate were it now
to follow upon so long period of COM
mercial depression, would involve the
| people of every city and every State in
the Union in prolonged and disastrous
trouble. The revival of business enter
> prise and prosperity, so ardently de-
sired and apparently so near, would be
3 hopelessly postponed. Gold would be
Withdrawn to its boarding place and
an unprecedented contraction in the
actual volume of our currency would
speedily take place. Saddest of all, in
every workshop. mill, factory, store,
and on every railroad and farm the
wages of labor, already depressed,
would suffer still further depression
a by the scaling down of the purchasing
3 power of every so called dollar paid in
, to the hand of toll. From these inn
pending calamities it is surely the most
patriotic and grateful duty ofthe repre-
sentatives of the people to deliver them.
? am, gentlemen, with sincere respect,
! your fellow citizen,
: GROVER CLEVELAND.
Albany, Feb. "a, 1885.
Many of the bitters and quack nos
trums of the day are also advertised for
' consumption on the plan that the only
thing that the ''stuff' wont cure is the
Q avaricious, ignoble greed of the pro-
r prietor. Don't be deceived. The best
: remedy for Strengthening the lungs,
n soothing all irritation, and stopping the
COuBil 10 III. w lotta VA w ih
Cherry. 1t has cured many cases where
physicians had given up hope. ct
NJ. NJ. "BRICK" PoMERoY thus calls
attention to his new paper to be started
at Washington:
"Shake D9ns! After twenty-four
years the Lord has spoken, and the pa
triots can now rejoice over plunderers.
The better to make things warm for the
It boys, The United States Democrat
0 successor to the La Crosse Democrat
0 will be issued in first-class style as an
!, eight-page weekly paper, from Wash
IL ington each Saturday, dating from
e March Z, 1885, price $500 a year. 1t
o will be published by the newly incor-
t porated, The United States Publishing
n Company, with abundant capital. John
A. Hervey, formerly of the Wheeling
EUening Journal, Business Manager
6 In the editorial management of this, as
II its name implies, straight Democratic
: paper, | will be ably assisted by Major
d Alexander Hunter, as Associate Editor
l. Major Hunter, one of the old Virginia
y stock, was a member of the celebrated
y Black Horse Cavalry, was in the wal
le from its Alpha to Omega thereof; kept
e a daily record of events, and will furn.
q ish the Democrat with continued chap
le ters of the greatest interest to all soldiers
+ alike, no matter what uniforms they
l. wore.n