The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1893-09-28

stitution tomorrow will print letter
from President Cleveland to Governor
Northen in which the President states
his position on the financial question
at some length. The letter is in reply
to one written by Governor Northern on
the 18th instant.
The governor refuses to give his letter
out for publication, but it Is known that
it presented graphic condition of the
political situation in Georgia and the
South. and urged upon the President
the expediencY OF a public utterance
from him more comprehensive than his
recent message as to the proper policy
to be pursued by Congress upon ques-
tions affecting the stringency of the
times and the needs OF the people.
1t is understood that in his letter
Governor Northen pointed out inroads
being made in Democratic ranks by the
Populists by reason of the neglect or
delay on the part of the Democratic
majority in congress to meet legislation
on the line OF the party platform pledges.
He dwelt especially on the financial
situation and political interest of the
farmers Of the South who constitute so
great proportion Of the Democracy.
The Presidents reply to that letter
was received this evening and Is as fol-
lows:
"EXECUTIvE MANSION,
WASHINGTON. D. c., Sept. rs, 1893.
"Hon. w. j. Northern:
my DEAR SIR:-I hardly know how
to reply to your letter of the 18th inst.
1t seems to me that am quite plainly
on record concerning the financial ques-
ton. My letter accepting tho nomina-
ton of the Presidency, when read in
connection with tho message lately sent
to tho Congress in extraordinary SEES
sion, appears to be very explicit.
VI want currency that is stable and
safe in the hands Of our people. 1 will
not knowingly be implicated in con.
dition that will justly make me in the
least degree answerable to any laborer
or farmer in the United States for a
shrinkage in the purchasing power oil
the dollar he has received for a full
dollars worth of work, or for n good
dollars worth of the product Of his toll
II not only want our currency to be
OF such character that all kinds OF
dollars will be of equal purchasing
power at home, but want it to be- OF
such a character as will demonstrate
abroad our wisdom and good faith, thus
placing upon q firm foundation a credit
among the nations of the earth.
~ want our financial conditions and
the laws relating to our currency so safe
and reassuring that those who have
money will spend and invest it in bust
ness and new enterprises instead of
boarding it. You cannot cure fright by
calling 1t foolish and unreasonable and
you cannot prevent the frightened men
from boarding this money.
~ want good, sound and stable
money, and a condition of confidence
that will keep it in use within the
limits of what I have written. am a
friend of silver, but believe it's proper
place in our currency can only be fixed
by readjustment OF our currency legis
lation and the Inauguration of con.
sistent and mprehensive financial
scheme.
II think such thing can only be
entered upon proitably and hopefully
after the repeal of the law which Is
charged with all our financial woes. In
the present state of tho public mind
this law cannot be built upon nor
patched in such a way as to relieve the
situation.
II am therefore opposed to the free
and unlimited coinage of silver by this
country alone and Independently, and !
am in favor Of the immediate and un.
conditional repeal of the purchasing
clause Of the socalled Sherman law.
II confess I am astonished by the OBJ
position in the Senate to such prompt
action as would relieve the present un-
fortunate situation. My daily prayer is
that the delay occasioned by such oppo-
sition may not be the cause OF plungine
the country into deeper depression thar
1T has yet known, and that the Demo
cratic party may not be justly held re-
sponsible for such catastrophe.
yours very truly,
"GROvER CLEVELAND"
Cholera Reported to;be on the Increase ir
Europe.