The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1893-07-07

The president had left directions for
the issuance of the proclamation be-
fore his departure for Gray Gables.
The determination to call the extra
session the first week in August, in
stead of the first week in September,
it is understood, was only definitely ar
rived at yesterday morning in cabi-
net session after giving full weight
ceived from all parts IF the
country urging this cour Se. An
other consideration which caused
the president to change his mind was
foreshadowed in the remark made to
one of his cabinet officers a few days
ago that if the president received rea-
sonable assurances that there was
likelihood of a prompt repeal of the
so-called Sherman law he might be dis
posed to call congress together earlier
than he had announced.
The president left here at 4:2o yes
terday afternoon over the Pennsyl-
vania road for Buzzard's bay. He will
be absent three weeks or more, his
stay depending upon circumstances.
Secretary Lamont accompanied the
president as far as New York. The
presidents determination to leave the
city was only reached yesterday morn
ing, and his departure SO suddenly leaves
a number of important appointments
agreed upon unsigned, and many sem
ators and congressman, who have re-
Gently arrived, in the lurch.
The facts appear to be that the dis
turbances of values arising from the
uncertainties of the situation grew so
alarming that Mr.. Cleveland at last
was compelled to acknowledge that the
unexpected" contingencies necessitat-
ing an earlier meeting of congress,
which he spoke of in his celebrated in
terview of June, had arrived. The ac-
tion of the British government in India
brought matters to a crisis. Previous
to that startling event Mr.. Cleveland
had manifested firm determination
to adhere to his plan of calling con-
gress in September. After the suspen-
sion of silver coinage in India, the pres
ident resolutely declined to speak fur
ther about his intentions until he had
been prepared to act, and each of his
cabinet officers maintained a similar
silence. 1t may be stated, however,
without violation of confidence, that
from the day when the announce
ment of the action of India was
made, the president took steps to
keep himself forewarned through
the press dispatches of the
slightest approach to panic in the
money market, and was prepared at
any moment to take the course which
he has now adopted if it seemed to him
that his SO doing would in any way
tend to allay alarm and restore public
confidence. When to-day he found
kilograms on his table, not only from
the eastern and middle states, but also
from the south, and even from some
of the silver states of the northwest,
urging that congress be called to-
gether at the earliest day possible to
end the uncertainty, he determined to
delay no longer; but even in taking
this action the president took steps, as
far as he could, to prevent its being
taken before the stock exchange
closed. so as to avoid any appearance
of exercising undue influence on the
stock market. The effect of the an
nouncement upon senators and repre-
sentatives in the city was very marked
Senator Voorhees,, chairman of the
finance committee, first knew of the
presidents action when informed by a.
United Press Representatives
He was not surprised. THAT being
the case" said the senator, lit will not
be long until we are again at work.
Inasmuch as congress has to deal with
this subject of finance, it is well that
we get about it, and the sooner the
better. l don't know that congress
can or viii bring relief 10 the country,