The World. [volume] (Martinsburg, W. Va.) 1891-1896, 1893-07-03
EXTRA Session CALLED.
The Call Of Congress in Early
Extra Session.
The New York Bankers Regard the
Movement as Bound to Prove


NEW YORK, July Leading bank
ers and financiers agree that the presi-
dent has acted with good Judgment in
calling an early extra session of con-
gress.
President Geo. ID. Williams, Of the
Chemical national bank, said: This is
the best thing that possibly could have
happened. President Cleveland de-
serves to be commended for his prompt
action ! consider the calling Of q SEES
sion of congress- ON August Z rs most
wise. The effect. 1t strikes me, is sure
to be good 1t will tend to restore the
confidence where it has been temporar-
lily impaired and prove Of benefit to
business interests throughout the coun-
try. AS To the further issue of certiti-
Gates. circumstances alone can regulate
this The situation, on the whole, how
ever, is sure to be relieved.
Robert NJ. Galloway, president Of the
Merchants national bank, said: Il
think the presidents action in calling
d special session so early is wise There
is only one thing to do, and that is for
congress to repeal the Sherman act. !
think it the duty OF every man, demo
cfat or republican or populist, to vote
for the repeal. as it is the only thing
under the present condition Of affairs
that viii avert serious disaster to the
+ country.
VIM Solomon, managing partner OF
Speyer & Co, said ;osThat extra session
means the repeal Of the Sherman law,
and that means that sound finance will
lie established 1t will help us abroad
wonderfully, Europeans will be con-
WINGED that we are honest In financial
affairs and do not propose to pay orr
debts IN deprecated currency"
Harvey Fisk, of Harvey Fisk & Sons,
said 1.-The news that Mr.. Cleveland
will convene congress in extra session
on August will cause great rejoicing
| and general satisfaction throughout
the land The tension among business
houses OF all descriptions has been SO
| great in the last few days that the wei.
come news that at last a radical steI
| has been taken in the repeal Of the sill
yer act will do much to restore conf
dence and probably unlock Mncl
! boarded money. The responsibility
I viii be placed where il belongs on
congress and believe that congress
viii not dare discAcy the mandate o.
| the people.
John Clews Of Henry Clews 4 Co.
said: '.Mr. Cleveland has at last de
cided TO do something. The whole
country has been appealing to him Z
| call an extra session OF congress ant
settle this question. He finally has de
/ terInined TO listen to the people. Pfac,
the responsibility where it belongs
4 with congress
INDIANAPOLIS, Ind, July t.-Waltel
4 q Gresham, secretary of state, was a
i tie Bates house Saturday. He ha
been visiting his mother in Harrison
county and stopped over here to see
few of his friends. He was asked by
reporter: Have you seen that Presi
/ dent Cleveland has called congress t
meet in extra session on August n"
Eyes, have just noticed that in tn
morning papers, and | am very glad
indeed, that he has done so. ! believ
there was a general demand for meet
ing OF. congress earlier than September
and the call, think, will do much tc
/. ward allaying the doubts that exist a
to The outcome OF the Hndnclal cona
| ton S
i DO you think congressl will repea
the Sherman actT
II certainly believe it will Iwi
say, too. that two weeks ago congress
would not have repealed the act.
know whereof speak when 'sa
that
Secretary Gresham refused to discus
other questions that were suggested
| him