The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1893-06-07

WEDNESDAY, JUNE Z, Is9a.


from Hogg Island. where he has been
spending week In catching drum
iish and shooting whatever birds were
- season. he has como to tho conclu-
sion that the calling Of an extra Sos
sion OF Congress Ia inevitable. He
gives ~ reason for this the strin-
nancy OF the financial condition OF the
peuntry. which he says Is the only
1enace to the country's welfare and
ppDsperity. The date set for tho cali
~ q an extra session OF Congress Is
nj early from the first nor later than
~ flfteenth of September. 1t is not
uheiy that In his message to Congress,
- will recommend any other business
= be transacted than that relating &c
the financial condition OF the nation.
BE says It 10 well for the people to
hike up the subject for themselves and
arrive at their own conclusions as TO
- merits Of a financial system. which
compels the government to purchase
tdle silver bullion with gold taken
fssm the government reserve.
He further says that already the
omidity OF capital is painfully up
aren't. and none eau fail to sec that
1par and apprehension in monetary
elrcles will ultimately bring suffering
- every humble abode In the land. Ha
makes no allusion whatever In his In.
eerview to the tariff question.eyidently
,hnrtlpsx raj -
s0rbed with the financial problem as
70 have no time for dealing with IN
dustrial problems. 1t is very hard to
eee how he can separate one from the
other. A sonnd financial condition of
me country Is the commercial back
bone 10 sound industrial condition.
ILr. Cleveland. though an extra session
Of Congress called is no doubt tho
right course for him to pursue. mu st
enter upon 1t with considerable dc :.
gree OF apprehension and distrust.
On the financial question his own
par ty is divided. lie has no doubt
hoped that the financial stringency OF
the times would compel his party to
10 ok with more favor upon the sount.
! fnan cial policy which he himself en-
tertains. or this, however, no has no
assurance. Not even will his party
bow SO far as to repeal the Sherman
Silver act, to which Is now attributed
much OF the evils attending the iinan-
cial conditions OF the country. even
though Senator Sherman himself is
heartily In favor of the repeal OF the
bill which he was instrumental in hav-
ing passed. The more promising pos
Dlbtlities are that Mr. Cleveland's party
will demand in lieu OF the repeal OF
the Sherman Act, an unlimited coin
age of silver which will but add 10
the financial evils which are now OPP
pressing the country. The Sherman
Silver Act was passed some years ago,
Is a compromise measure between the
NJ S400. 10000 ounces of silver
month.
This was accep ted by the Republican
Senate in lieu of Mr.. BANDS free coin
age act, which would inevitably have
become law at that time. but for this
eompromise measure. Under the cir
eumstances, as the Democrats have
full control of both Houses OF Con.
eress, It Is hard to tell how far Mr.
cleveland may yield to the wishes OF
bis party, which is controlled by the
free silver advocates.
Equally unfortunate is Mr.. Cleve-
land In his attitude upon the indus
trial position of the times. pho.
Bounced free.trader, with froe-trade
Congress at his back, he hesitates to
Fecommend any legislation upon
that question as he breads the indus
trial panic that must ensue, and for
which bis party would be held respon-
pibie. The people, however, are watch.
ing closely the course Of the admins.
tratlon upon both these leading
topics, and are hoping almost against
hope that the evil consequences of
Democratic legislation may be ayerted,
until the election OF another presi-
dent. and another Congress more in
harmony with the financial and In
dustrial interests Of the nation.