The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1893-08-18

st times like the present, when the evIls OF
ulsound nnaLce threaten u.s. the speculator
may anticipate a harvest gathered from the
TnisfOr;unes OF others the capitalist may pro-
teci himself bV boarding or may even lind
profit in the fuciuation Of values; but the
wage Garner, the first TO be injured BIZ a de-
preciated currency and the last TO receive the
benefit Of its correction, is practically defense
less He relies for work upon the ventures OF
confident and contented capital This failing
him. his condition is without alienation, for he
can neither prey upon the misfortunes OF 9th.
ers nor hoard his labor.
One of the greatest statesmen our countay
has known, speaking more than fifty years
AGO when q arrangement CT the currency bad
caused commercial distress, said: "1he very
man of all others who has the deepest interest
in sound currency and who suffers by mis-
chieyous legislation in monetary matters is
the man who earns his daily bread by his
daily toll" These words are as pertinent now
as on the cay they were uttered and ought to
impressively remind US that failure in the dis
charge OF our duty at this time must especially
iniure those Of our countrymen who labor and
who because of their number and condition are
entitled 10 the most watchful care of their gov
e-nment
1t is of the utmost importance that such re-
lief sc congress afford in the exis ting stus-
ion be afforded at once The maxim. He
plicable 1t may be true that the em6arrass-
ments from which the country Is suffering arise
as much from evils apprehended as from
those actually existing. We may hope, too,
that calm counseis will prevail and that
neither the capitalists nor the wage earners
will give way to unreasoning panic and sac
rihce their property or their interests under
the influence of exaggerated fears. Neverthe-
less, every days delay in removing one of the
Main n nd princiDal causes of the present state
of things enlarges the mischief already done
| and increased the responsibility Of the govern
ment for its existence Whatever else the
people have a right 10 expect from congress,
| they may certainly demand that legislation
condemned by the ordeal OF three years dis
| astrous experience shall be removed from the
| statute books as soon as their representatives
| can legitimately deal with it
1t was my purpose 70 summon congress in
| special session early in the coming September
| that we might enter promptly upon the work oil
tariff reform which the true interests OF
! the country clearly demand, which so large u
\ majority OF the people, as shown by their
| SURFACES, desire and expect and 10 the accom-
| plishment of which every effort Of the presen;
| administration is pledged But while tariff re-
| form has lost nothing OF its immediate and per-
| manent importance, and must in the near fu'
| ture engage the attention of congress- It has
| seemed TO me that the financial condition Of
| the country should at once and before all Other
| subjects be considered by your honorable body.
| Earnestly recommend the prompt repeal o.
| the provisions OF the act passed july II, le9l
| authorizing the purchase of silver bullion, and
that other legislative action nav put beyond all
| doubt or mistake the intention and the ability
OF the government TO fulfill its pecuniary obliga
| lions in money universally recognized by al
| civilized countries. GROVER CLEVELAND
| Executive Mansion Angus. :, 1891