Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1893-08-11

has no right to injure them by financial ex-
perfments opposed to the policy and practice
| or other civilized states. nor is it
| justified in permitting exaggerated
and unreasonable reliance on our national
| strength and ability to jeopardize the sound
ness OF the peoples money. This matter rises
above the plane of party politics. 1t vitality
concerns every business and calling and enters
| every household in the land. There is
Which aspect Should the never subject 6
overlooked. At times like the present. when
| the evils of unsound finance threaten us, the
from the misfortune of otherS the capitalist
may protect himself by boarding or may even
find profit in the f1uctuation of values; but the
wage -earner-the first to be injured by a
deprecated currency and the last to receive
the benefit Of its correction is practically de-
| fenseless. He relies for work upon the vent
ureS of confident and contented capital. This
failing him, his condition is without allevia-
| ton. for he can neither prey on the misfort.
| unes of others. nor hoard his labor. One of
the greatest statesmen our country has
known, speaking more than fifty years ago,
when arrangement of the currency had
caused commercial distress, said: THE very
man OF all others who has the deepest interest
| in a sound currency and who suffers most by
mischievous legislation in money matters. is
| the man who earns his daily bread by his daily
toll"
These words are pertinent now as on the day
they were uttered, and ought to impressively
remind us that failure in the discharge of
| our duty at this time must especially iniure
those of our countrymen who labor, and who
because Of their number and condition are en-
titled to the most watchful care of their gov
eminent. 1t is of the utmost importance that
such relief as congress can afford in the exist
ing situation be afforded at once: The maxim.
He gives twice who gives quickly" is directly
applicable. 1t may be true that the embar-
easements from which the business of the
| country is suffering arise as much from evils
Existing RRa i We may ON hope too, Ao'q that
calm counsels will prevail and that neither the
| to unreasoning panic and sacrifice their prop
erty or their interest under the influence of ex-
aggerated fear. Nevertheless, every day s
delay i'll removing one of the plain and prin-
| larges the mischief already done and increases
the responsibility of the government for it's ex-
to expect from congress they may certainly
demand that legislation condemned by the
| ordeal of three years disastrous experience
shall be removed from the statute books as
soon as their representatives can legitimately
deal with it.
1t was my purpose to summon congress in
| that we mil ht enter promptly upon the work
| Of tariff reform, which the true interests of the
country clearly demand-which SO large ma
lority of the people, shown by their suf-
frages, desire and expect, and to the accom-
plishment of which every effort of the present
administration is pledged. But while tariff re.
permanent Importance, and must in the near
future 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.
1 earnestly recommend the prompt repeal Of
the provisions Of the act passed July Ia, 1890,
| authorizing the purchase of silver bullion, and
that other legislative action may put beyond
all doubt or mistake the intention and the
ability of the government to fill it's pecuniary
obligations in money universally recognized by
all civilized countries.
(Signed) GROVER CLEVELAND
Executive Mansion, Aug. 7, 1893.