Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-09-09

1
attention Of this body.
Sir, the Democratic party in both
| branches of Congress, with promptness,
| but yet, at the same time, with proper
elaboration, is proceeding TO redeem
every pledge 1t made to the people, and
TO relieve the business stagnation and
financial stringency resulting from
causes for which it Is no way response
bic, and over which it had no control.
NET BY SERIOUS PROBLEMS.
When, on the 4th.of March last, the
Democratic party assumed power, it was
met al the very threshold of its admin
istration OF the government with serious
| problems for its solution. The condi-
lions were entirely different from those
which confronted Mr.. Harrison when,
in obedience TO the will Of the people,
the executive authority was intrusted
TO his guidance. Mr.. Cleveland and a
Democratic House Of representatives
had, after paying annual and perma-
nent appropriations aud largely reduc-
ing the public debt. left the Treasury In
possession Of handsome surplus. Four
years of Republican administration,
during which time IL sought TO destroy
international exchanges of products, by
enacting a prohibitory tariff averaging
60 per cent upon imported articles, and
by the widest and most reckless ex-
penditures of the public money, had
left the Treasury Of the United States
in condition 10 which. but for the
courage and frmness OF the distin-
guished gentleman who presides over
its management, would have made 10 the
football of the money changers OF the
great financial centers OF the country.
By the laws enacted under the intu-
ence of Republican Congress and ad-
ministratiOn the revenues OF government
were reduced, while at the same time
the annual appropriations were in
creased, thus burning the candle at
both ends. On the 4th of March, 1889,
the Treasury showed 500, 245, $50 OF free
gold. On the 4th of March. 1898, the
Republican administration turned over
but 50, 2s4, 2iS of free gold. On the 4th
of March, 1898, the Democratic admin
istration turned over Treasury full to
overlooking, while on the 4th OF March,
1893, the Republican administration
turned over a Treasury that had been
Quilted and looted of it's surplus, even
after covering into the Treasury, to be
used TO discharge the current expenses
of the government, over nifty millions
OF dollars used as trust fund toredeem
national bank notes; and yet, during
the last year Of that administration,
only 50, OOl, 1877 % of the public debt
was discharged.
bo- o no
of the first two months Of the present
fiscal year as a basis of comparison for
the next ten months, with the annual
and permanent expenditures OF the gov
eminent for the present year fixed by
Law, instead of q surplus, we will be
confronted with probable deficit OF
over fifty million Of dollars. This is the
legacy bequeathed to US by the Repub-
lican party.
THE PRESIDENTS ADVICE.
In addition TO this condition in which
we find the Treasury, and which calls
for the wisest exercise OF craftsmanship
on the part OF the leaders OF the Dem
ocratic party, we are further emoar-
raised in assuming control OF the gov
eminent by the condition or financial
anxiety and industrial prostration Of all
our business interests.
Mr.. Cleveland, with lucidity OF ex-
preston rarely, il ever, excelled in the
publlc utterances Of any of his pred
~.assars -aonn-atAlv Described ia ia
his message converting Congress the
naralysis of our business industries,
and the want Of confidence on the part
of the people, resulting in the with
drawal of the circulating medium from
active employment. On the free circu-
lstion OF our currency the country must
depend for the prosperity and vitality
OF its industrial system, the prontaoie
movement OF our crops, the employ
ment of labor, the price OF our prod
nets, and general business activity
THE President assumes that the pur-
chasing clause OF the act of July IA,
1890, is, to a large extent, the cause OF
this financial disarrangement, ana that
ia prompt repeal will result in reliev-
ing the situation and restoring conn-
dence.
Mr. President, no member Of this
body has higher appreciation OF the
distinguished abilities, the sterling In
tegrity. and the unfltnching courage OF
Mr.. Cleveland than myself. Placed by
the Democratic party in the exalted po-
sition of Chief Magistrate, l gladly ac-
knowledge his leadership, and II consis-
tent with NV own sense OF duty 10 the
high trust committed 20 me 1t would
afford me unbounded pleasure TO sus-
tain apy policy which he, as the head OF
the administration of the party to which
owe allegiance, would guggest for my
guidance. But, sir, II after tull, lair
and respectful consideration OF the
views of the President, shall honestly
differ with him in his conclusions, ana
| fna mysel! unable to follow to the full
extept on the line he may have indicat-
| cd Icould not surrender my convictions
and blIndly pursue the path that my
| Judgment did not approve without De-
inc deeply sensible Of the fact that l
was I'm worthy TO occupy seat In TINS
the most august dellberative body Ia
the world, and feel that the time had
come when should surrender the trust
which the partiality OF q conhding con-
stituency had placed in my keeping,
| that some one of the many true and
manly sons OF which my State Is justly
proud might occupy the place which my
weakness had forfeited and my dupllc-
ity had dishonored.
| SOME OF THE CAUSES.
Mr.. President, it is not my purpose al
this time 10 detain the Senate by enter
ING into minute description OF the
csuses which have led up TO the ousi'
ness naralysis and lack Of confidence
upon the part of the people so universal
throughout the country, but which Is at
last Welding to that wiser, sober second
thought and the patriotic impulses and
| ..innnl nnnrara characterlstlC Oh OuI