The sun., 1893-07-01


nouncemcnts that are to be made WIN be
given out at the Executive Mansion In Wash-
ineton.
| Most OF the Cabinet officers have followed
| the Presidents example and left tho city for
brict vacations Those who remain say the
Presidents proclamation speaks for itself and
decline to discuss tho situation further.
WHAT INFLUENCED THE PRESIDENT.
| Tho disturbances OF values arising from
tho uncertainties OF tho situation grew 80
alarming that Mr.. Cleveland was compelled to
acknowledge that tho unexpected contin-
| genries nccessitating an earlier meeting Of
| Congress-" which lie spoke OF In his interview
! OF June 5. had arrived. Tho action Of the
| British Government In India brought mat.
| tcrs to crisis. After the suspension OF ale
| YER coinage In India tho President reso-
l lutely declined to speak further about his
intentions until ho should be- prenared t, act.
and each of his Cabinet officers maintained aim.
liar silence. 1t may he stated. however. without
| violation OF confidence that from tho day
when the announcement OF the action Of India
was made the President took steps to Keep
himself forcwarned through tho press de-
spatches Of tho slightest approach OF panic In
the money market, prepared ut any momens
to take the course which he has now adopted.
II It seemed to him that his so doing would Ia
any way tend TO allny alarm and restore pubit
confidence. When to-day he found kilograms
on his table. not only from the Eastern mn
Middle States. but also from the South and
even from somo OF tho silver states of
the Northwest. urging that Congress-
be called together Mt the earliest
day possible to end the uncertainty. he deter
mined to delay no longer But even In takinx
this action. the President took steps as far NJ
he could to prevent its being known before ths
Stock Exchange closed. so as to avoid any ap-
pearance OF exercising undue influence on
the stock market.
SENATOR vooRHEES's VIEWS
The effect OF the announcement on Senators
and Representatives in the city was very
marked Senator Voorhees,, Chairman of tho
Finance Committee. first knew OF the Prssi-,
dents act when informed By a reporter. He
was not surprised.
THAT being t @ case" said the Senator. 1T
will not Je long until wo arc again at work.
Inasmuch rs Congress has to deal with this
subject Of finance. 1t Is well that VIC get about
It, and the sooner the better. I do not know
that Congress can or will bring relief to tho
country. but 1t is our duty to make the effort,
and there Is no wisdom in delay. The con-
dition of tho country certainly. to my mind.
demands very prompt and decisive action.
especially in view OF the fact that everybody
seems to be depending upon Congress for Q
solution OF our financial troubles. think
the President has acted wisely. and have
no doubt that soon as Congress gets
to work 1t will repeal the Sherman act.
voted against the bill when 1t came up on
yea and nay vote. when 1t passed. and told
the silver men who supported 1t that It
was not the legislation they needed for silver.
and that they would live to reerot tho day,
they supported 1t. That day has come L foS
one, shall vote for its repeal. 1t must nofVb61
understood. however. that / abate = single
jot or little OF my adherence to the coinage
and tho use OF silver as money. under proper
regulations for its parity with gold"
Senator Harris. President pro tenn. OF the
Senate. could not be seen personally. but from
one to whom he had spoken relative to the
calling OF an extra session 1t is learned that he
expressed the belief that the sooner 1t was
done the better 1t would be for the whole
country.
Representative Dockery Of Missouri declined
to discuss the probable action Of Congress-
when it came to act on the money question.
" can express no view upon that subject"
said Mr.. Dockery. FOR the reason that have
not talked with enough members to know
whether the Sherman law can be repealed or
not. Unless know what q canvass would
prediction. So far as the action OF the Presi-
dent is concerned. I think 1t is ominently
proper under tho circumstances"
1t is o good thing" said Mr.. Bynum OF In
diana. "and believe 1t will result in tho ro-
peal Of the Sherman law. at tho door OF which
much. II not all. the present financial trouble
can be laid. Tho earlier Congress repeals the
Sherman act tho better 1t will be for all be-
lieve It can be repealed. and fair to SEQ any
Ito In r,,in. frnp rhn al at,,fA
books q law which everybody condemns and
nobody fayors- Indiana Is for repeal"
II voted against the Sherman act before and
will vote for Its repeal now" said Mr.. Brown
of Indiana. THE Sherman net. it is claimed.
was not passed to prevent the enactment OF q
free coinage bill. 1t would 10 nearer the
truth to say that 1t was passed to keep Mr..
Harrison from yotolng FREQ coinage bill.
and appearing before the country as al op-
ponent Of silver"
cABIvET OFFICERS DECLINE TO TALK.
Cabinet officers who are In tho city. whom
asked tonight for expression OF opinion
regarding the Presidents proclamation. were
uncommunicative. Secretary Carlisle would
not be seen. Attorney General olney said that
he did not think he was the right man to come
TO for an cxpression Of views on the subject
and declined to talk.
Secretary Herbert said that the subject
would involve n long discussion OF n great
many points into which he did not caro- to
enter.
Senator Cockrell Of Missouri was at his resi-
deDce In earnest conversation with Itepresen-
tativo Dockery. lie anticipated tho object of
the reporters cnll. and said he had no intcr-
view TO give: that he had heard OF the issu-
ance OF the proclamation only short time be-
fore. but had not read it. nor would he do SO
until to morrow.
The President" Mr.. Cockrell said. has
right to issue u proclamation. as n matter Of =
course. but for myself. have nothing WHAT
ever to say"
representative Enloe OF Tennessee said 1t
was perfectly proper for the President to con-
ycne Congress In extraordinary session under 3,
the circumstances.
1T may restore public confidence" said Mr..
Enloe Still it is q question In my mind
whether Congress can furnish am relief. The
country. however. seems to think II can. and 1t
is tho part of wisdom for the President to give
1t d chance. / think there is no very great