The Providence news. (Providence [R.I.]) 1891-1906, 1892-12-07
WHAT is THOUGHT OF 1T.
The Presidents Message Attracts
Marked Attention at Washington.
ANTI-OPTION BILL NOT DEAD.
$4,000 Required for New Machinery
for one of Our War ships-senator
Frye's Amendment to the Laws Regu-
Iatiux Transportation of Cotton Goods.

WASHINGTON, Dec. THE Republicans
COZ sider the last annual message of Pres
Ident Harrison to Congress as a wise and
statesmaulike docu nent. They are
pleased with that look into the future. in
which he suggests the responsibilities
which the Democratic party will soon be
compelled TO assume. and warns them
that aretrogression from the policy which
has given prosperity to this country for
thirty years will be crime. The same is
true of the Democrats, with the differ
ence that they use the message as text
for carping partisan criticism.
Some OF them go 80 far as TO suggest
the impropriety of the Presidents max =
ing any recommendations TO congress
They seem TO assume that because an
election was held last November the adj
ministration of Mr.. Cleveland is TO enter
Immediately into possession OF the gov
ernment. and that the commission which
the people gave TO President Harrison
four years ago has already expired. The
Democrats sneer at the Presldents warn
ing note with respect to the tariff IL Is
EASY TO see that beneath cynical ex-
terror thev realize that the declarations
OF the President are true.
The Democrats will give no considera-
tion to most of the recommendations OF
the message. Tho passage relating to
the Nicaragua Canal may furnish the
exception. There Is a very strong pres
sure on the part of influential Democrats
TO induce the Senate to pass the Morgan
resolution. Mr.. Morgan himself, as has
beer shown by his recent speech in New
Orleans, ia very earnest in b half OF this
enterprise. There are many Senators
who are of the opinion that the United
States ought to determine whether or not
it will give any aid To this project. The
events IN connection VITA the collapse OF
the Panama Canal may aid In securing
an early decision.
The Presidents message and the report
of the secretary of the treasury will give
the Democratic party an adequate basis
upon which TO determine whether or not
they shall hold an extra session. 1t will
enable those Democrats, who insist that
IL will not do for their party TO shirk the
responsibility it has invited, TO press
their claim upon the attention of those
who advocate the cowardly policy OF
evasion with much greater success.
The estimates OF Secretary Foster were
withheld until the last mo ,nent in orIer
that the President might have before him
the latest information as to tie condition
of the treasury. The revenues estimate I
for the fiscal year ending June 30, 1893,
are placed by the secretary of the treas
ury at $483. 1896, $50 and the expenditures
are S461 ,356 $50, showing a surplus of only
about $l,000,00O over expenditures. The
cash balance in the treasury mt the end of
the fiscal year is estimated at S20;99., 377
This will be the state OF the treasury "A
the end of the first fiscal year after the
Cleveland administration shall assume
power Oh the basis Of the estimates OF
the present secretary of the treasury.
This is a somewhat narrower margin of
surplus than has been customary, and it
may induce the Democratic leaders to de-
eide that an extra session OF the next
congress would be necessary.