New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-17
AN EXTRA SESSION NEEDED.

Over g., 900 900 has gone ont OF the country
this week already. No one can explain why
This has occurred unless it is because American
securities have been sold by foreigners Inc
policy of the party which will take control OF
rbe Government the 4th of March is not trusted
bv Europeans who have invested in American
stocks. and they are selling early III order 10
pr tcct themselves.
The foreigner delights in the Democratic
tariff policy. it is commonly supposed, bnt ne
is afraid that the Democratic party VIII 40
mischief in regard 10 the money question. Inc
difference between the Cleveland and CRISP
Democrats is now said t. be mainly about the
coinage of silver. On the tariff question thcfe
is said to be no serious antaeonSm. W.T.
Crisp would 90 just as far and Just as iaSl
toward Free Trade as he could, ana so would
Mr.. Cleveland. though there is some DOUBT
whether the President elect does net WISH TO
hold back further than the Speaker. But on
the silver question Mr.. Crisp is said 10 repre-
sent The wishes of the South and West, while
Mir. Cleveland represents only the wishes OF
Wall Street. Some of the Southern papers are
attacking Mr.. Cleveland savaGely, asserting
that he is not faithful to the wishes and IN
terc,ts Of the party which elected him.
The doubt how far the Cleveland wing OF
the Democratic party will 90 in tariff recon
,truction begins 10 disturb some minds. Al
though the President elect was the apostle OF
Free Trade four yeas ago, when he wished to
be reelected, and believed that devotion to
Froe-Trade principles would assure his sue
cess, there are some who say that he is now
much inclined to play into the hands OF the
sugar coated ProtectiOnistS." His personal
and business interests are altogether at the
East. He has acted for a number of years as
attorney for powerful and rich corporations
and has constantly associated with men of great
wealth in this section. The West and South
know that he is not in favor Of unlimited use
of cheap money, and they begin to fear that
in regard tp,Sthe tariff also their Moses is not
to be trusted.
These uncertainties make an extra session
of Congress extremely important and yet 1t Is
because of his unNilIingncsS to terminate these
uncertainties that Mr. Cleveland hesita;cs Il
call an extra session. 1t is even stated by some
who should be we'll informed that he has
definitely decided moi 10 assemble Congress
| until the regular session next December. lie
| would like 10 keep all questions open, appar-
entity and subject to his individual decision
as long as he can and he does not wish 10 have
Congress take the rcins and the whip ont OF
his hands too soon. Nevertheless public wei
fare demands a speedy settlement Of these dis
pued questions. The Democratic party ha-
been empowered by the people to take charge
Of the Government. and yet no one knows pre-
Cs, y what that party means to do. Its plat
| Ill
remark, proves nothing whatever; il was only
meant u cary the election. Until the party
| begins to act, no one can be sure what 1t VII
do on the money question, or how far 1t VII
20 in the direction of Free Trade. Mr. Clevc
lands opinions on the matter may have bu
little influence when a Democratic Congress
has assembled, and it is even possible thai
his veto power will count for not much.