Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1893-08-10
silver Tor the gold in the government treas
Wy, ana tnas this must be followed by the
payment OF all government obligation, 81

silver ztof the gold in the gOvofnrnent treas.
Wy, ana that this must be followed by the
deprecated silver. : -
At this stage gold and silver must parl
company and the government must fail in
lts esta bllshed policy to maintain the two
metals on aparity with each other. Given
over 70 the exclusive use of CURRENCY
greatly deprecated according to the STAND.
ara OF the commercial world. we could no
OF the first class, nor could GU.
government claim performance
OF It's obligation, SO far as such an obliua-
lion mas been imposed upon il. to nrovide
lor the use of the people the best and safest
money. It. as many of it's friends claim.
Miver ought to occupy a larger place in our
currency and the currency Of the world
through general International co.onerat,on
ana agreement, it is obviou, that the United
STATES Will not be in position to gain a
nearing IN favor of such an Arrangement "a
long rs we are3w willing to continue our At.
Tempt to accomplish the result slnole
handed. e
The knowleege in business circles ame no
our own people that our governments cam 81
make it's fiat equivalent to intrinsic value.
nor Keep inferior money on parity with
superior ~. money by its own independe emit
s1 orts has resulted in such a lack of CON
hdence at home, in the stability Of currancv
values, that capital refuses its aid to new
sntetptises, while millions are actually
s II slsde from and the se channels i.
become idle and unprodu ctive in the hand .
OF tim:d owners. Foreign investors, equally
alert, not only decline to purchase American
securities, but make haste to sacrifice chose
which the: already have. It does not meet
the situation to say that apprehension in re-
gard to the future Of our finances is ground
less, and that there is no reason for lack of
sonaaence N the purposes or power of the
!s'ence OF this : apprehension. and
lack of confidence, however caused,
is menace which ought not for
moment to be disregarded. Possibly if the
undertaking We have in hand were the main
talnance of specific known quantity of
silver at parity with gold, our ability to
40 80 might De estimated and
unparalleled growth and resources, might
be favorably passed. upon. But when our
avowed endeavor is to m aintain such parity
in regard to an amount of silver increasi ing
At the rate Of S50,0o000o yearly, with no
liked termination to such increase, it can
hardly be said that problem is presented
whose solution is free from doubt.
The people of the United States are en-
titled to a sound and stable currency and to
money recognized as such on every cx-
change and in every market of the world.
Their 9overnn ent has no right to injure
them by financial experiments opposed ia
the policy and practice of other civilized
states, nor is it justified in permitting an
exaggerated and unreasonable reliance on
our national strength and ability to
jeopardize the soundness of the peoples
money. This matter rises above the plane
of party politics. 1t vitality concerns every
business and calling and enters every house
hold in the land. There is one important
aspect of the subject which especially should
never be overlooked. At times like the
present. when the evils of unsound finance
threaten US. the Spectator may anticipate a
harvest gathered frc,n the misfortunea
of others, the capitalists may protect him-
self by boarding or may even find profit in
the huctuation of values; but the wage
earner--the first to be injured BY de.
preciated currency and the last to recejv e
the benefit of its corrections practically
defenseless. He relies for work upon the
ventures of confident and contentei CAPT.
tai. This failing him. his condition il with
out alienation, for he can neither prey
on the lnisfortuces of others, nor
hoard his labor. One of the greatest states
men our country has known, speaking m ore
than 50 years ago. when arrangement OF
The currency had caused commercial dis
trcss said: 1.-THE very man of all others
currency and who suffers by mischievous
Legislation in IN onetary IN alters il the man
who earns his daily bread by his daily toll"
These words are as pertinent now as on
the day they we're uttered. and ought to inn
pressively reminn US that failure in the
discharge of our duty at tpis time must es-
pecially injure those of our countrymen who
labor. and who because of their nun Der and
condition are entitled to the most watchful
care Of their government.
It il of the utmost Importance that such
relief as congress can afford in the existing
situation be }atforded at once. The maxim,
He gives tws,e who gives quickly" is
directly applicable. It may be true that the
en- barrassments from which the business of
the country is SCATTERING arises a. much from
evils apprehendel as from those actually ex.
listing. We may hope, too, that calm counsels
will prevail and that neither the capitalists
nor the wage-earners will give way to un.
reasoni ing panic, and sacrifice their property
or their interests under the influence Of OK.
aRgerated fears. Nevertheless, every days
delay in removing one of the plain
state of things enlarges the mischief
already done and increases the response
bllity of the government for its existence
Whatever else the people have a righ
to expect from congress, they may GER
tainly demand that legislation condemned
by the ordeal of three years disastrous ex
perience shall be removed from the statute
legltimately deal with it. It WA
my purpose to summon congress-
in special session early In thu
coming Septem Der. that We might entel
prom pity upon the work of tariff reform
which the true interests of the country
clearly demand, which so large majority
of the people, as shown by their SURFACES
( = oos,r ~ nd 10 q HI
accomplishment of which ever,
effort of the present administrator
is pledged. but while tariff reform has los
nothing of it's immediate and permanent
importance, and must in the near future
engage the attention of congress, it ha.
seemed to me that the financial condition o
the country should at ;once and before al
other subjects be considered by your hon
orable body.
I earnestly recommend the prompt repea
of the provisions of the act passed July IA
1890, authorizing the purchase OF silver bull
lion, and that other legislative action ma!
nut beyond all doubt or mistake the inteu
tion and the ability of the government t
fulfill its pecuniary obligations in none!
tries. GROVER CLEVELAND.
Executive Mansion, Ang.7, 1893
s Murder aud Suicide.
JACKsoy, Mich. Aug. 7.-On her refusa
to marry him, Chas. Mccormick today sho
and fatally wounded Miss Jennie Hall ani
then committed suicide.
MOdish Ideas
Skirts covered with rufles from hen
to waist line are much liked
Children have something new in the
great white cape bonnets Of late, will
colored ribbon trimmings. These bon
nets are quaint and charming to lool
at, but no one will be able ID see til.
baby inside.
In millinery black hats for thu
moment dominate the mode. Some at
tractive black chip hats are trimmed
with q fine imitation of old point lace
variously arranged on brim and crown
Yellow flowers, also petuniacolo1
blooms, are effective additions to such