Morning journal and courier., 1893-08-09
MUST REGARD OTHER STATES

problem Is presented whose solution is fires 1 from doubt.
 MUST REGARD OTHER STATES. |
 The people of the United States are en- titled to 8 sound and stable currency and to money recognized as such on every ex- change and in every market of the world. Their government has no right to iDjure them by financial experiments opposed to the policy and practice of other civilized exaggerated and unreasonable reliance on our national strength and ability to jeopar- dizs the soundnesB of the peoples money.
 NOT PARTY MATTER.
 This matter rises above the plane of party politics. It vitally concerns every business and calling and enters every household in the land. There is one i'm portant aspect of the subject which es. pec1ally should never be overlooked. At times like the present, when the evils of unsound finance threaten us, the specu- lator may anticipate harvest gathered from the misfortune of others, the capital ist may protect himself by hoardipg, or may even find profit in the fuctuation' of values, but the wage earner-the first to be injured by depreciated currency and the last to receive the benefit of it's cor rections is practically defenceless. He re- lies for work upon the ventures of conf dent and contented capital. This failing him, his condition is without allevistion, for he can neither prey on the misfortunes of others nor hoard his labor.
 WAGE BANNERS MOST AFFECTED. One of the greatest statesmen our coun- | try has known, speaking more than fifty years ago, when Arrangement of the cur rency had caused commercial distress, ! said:
 "The very man of all others who has the ! deepest interest in 8 sound currency and | who suffers most by mischievous legisls tion in money matters Is the man who earns his daily bread by his daily toil."
 These words are as 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 injure those of our coun- ! trymen who labor, and who, because of their number and condition, are entitled to the most watchful care of their govern ment.
 CONGRESS SHOULD ACT AT ONCE.
 It Is of the utmost importance that such | relief that congress can afford in the exist ing situation be afforded at once. The
 maxim "He gives twice who gives quickly''
 Is directly applicable. It may be true that
 the endorsements from which the bus1-
 ness of the country is suffering arise as | much from evils apprehended as from those
 actually existing. We may hope, too, that
 calm counsels will prevail, and that neither
 the capitalists nor the wage -earners will l give way to unreasoning panic and sacrt-
 fee their property or their interests under
 the influence of exaggerated fears. Never.
 theless, every dsysdelay in removing one
 of the plain and principal causes of the
 present state of things enlarges the mis.
 chief already done and increases the re-
 sponsibility of the government for its ex
 istence. Whatever else the people have g
 right to expect from congress, they may
 certainly demand that legislation condemn
 ed by the ordeal of three years disastrout
 experience shall be removed from the stat
 ute books as soon as their representative
 can legislatively deal with it.
 AsTo TARIFF REFORM
 It was my purpose to summon congress } in specisl session early in the coming Sep } tember, that we might enter promptly up 4 on the work of tariff reform, which thu
 true interests of the country clearly de
 msnd, which so large a majority of th people, as shown by their suffrages, desir
 and expect, and to the accomplishment o , which every officer of the present admins , trstion Is pledged. But while tariff reform 1 has lost nothing of its immediate and per , | manent importance, ana must ID the nea z future engage the attention of congress, : has seemed to me that the financial condi tion of the country should at once and be
 fore all other subjects be considered b , your honorable body.
 l PROMPT REPEAL RECOMMENDED |, Iearnestly recommend the prompt repes
 of the provisions of the act passed July +
 1890, authorizing the purchase of eilve | million and that Ofhar 1aoia1afiva sctiO - may put beyond all doubt or mistake th intention and the ability of the goverr a ment to fulfil it's pecuniary obligations 1 "a money universally recognized by all civi ized countries. GROVER CLEVELAND. n Executive Mansion, Aug. 7, 1893.