Weekly expositor. (Brockway Centre, Mich.) 1882-1894, 1893-08-11

that there is no reason for lack OF con-
fidence in the purposes or power or the
government in the premises. The very
existence OF this apprehension and lack
of confidence, nc viewer caused, Is men,
ace which ought not for a moment TO be
Cisregarded. Possibly If the undertaking
we have in hand were the maintenance
OF a specific known quantity or silver at
IA parity with gold our ability to do so
might be estima.cd and gagged, and per-
haps in view OF our unparalleled growth
and resources might be favorably passed
upon. But when our avowed endeaVor
is TO maintain such parity In regard 10
an amount OF silver increasing at the rate
of $OOOO,OJO yearly, with no fixed tormina-
ton TO such increase, 1t can hardy be
said that problem Is presented whose
solution is free from doubt.
The people OF the United States are en-
titled 10 a sound and stable currency and
to money recognized as such on every
exchange and in every market of the
world. Their government has no right
10 lhJure them py hnanclal experiment
opposed to the policy and prac ice of other
civilized states, nor is IL justified In per-
hitting an exaggerated and uHreason-
able reliance on our natio al strength
and ability 10 jeopardize the soundness
OF the peoples money. This matter rises
above the pane or party poll lies. 1t
vitality concerns every business and call
ing and enters every hous lhold in the
land. There is one important aspect OF
the subject which especially should never
be overlooked. At times like the present,
when the evils of unsound finance threat
en- us, the Spectator may anticipate a
harvest gathered from the misfortune Of
others, the capitalist may protect him
SELF by boarding or may even md profit
In the huctuation of values; but the wage
earner-the first to be injured by de-
preciated currency and the last to receive
ne DEMENT'S OF It's correction--iS practi-
cally defenseless He relies for work upon
the ventures of confident and contented
capital. This failing him, his condition
is without alienation, for he can neither
prey on the misfor;unes Of others. nor
hoard his labor. One OF the greatest
statesmen our country has known, speak
Ing more than fifty years ago, when a
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 toll
These words are as pertinent now as on
the day they were uttered and ought t.
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
10 the most watchful care of their gov
eminent
II is Of the utmost importance that such
relief as Congress can afford in the eN-
listing situation be afforded AT once. The
maSim. "He gives twice who gives quick
ly,' is directly applicable. 1t may be
true that the embarrassments from
which the business Of the country Is
suffering arise as much from evils appre-
hcnded as from those actually existing.
We may hope, too, that calm counSels
Will prevail and that neither the cap
itaists nor the wage oarners viii give
way To unreasoning panic and sacrifice
their property or their interests under TIE
influence Of exaggerated fears. Never
theless. every days delay in removing
one OF the pain and principal causes of
the present state of things enlarges the
r'isChief o'readv done and increases the
responsibility OF the government for It's
existence whatever else the people have
a right 20 expect from Congress, they
NAV certainly demand that legislation
conde-ned by the ordeal of three years
disastrous experience shall be removed
from the statute books as soon as tn 'r
r'pres antatives can legitimately deal
with II.
1t was my purpose to summon Congress-
In sre ial session early in the coming
September, that we might enter promptly
upon the work of tarff reform, which
the true interests OF the country early
demand, which SO large majority of the
peop.e. as shown by Their suffrages, d..
sire and Expect, and 10 the accomplish
ment of which every effort Of the present
administration IS pied sed. But while
tariff reform has lost none OF its imme-
date and permanent Importance, and
must in the near future engage the at.
tention Of Congress, II has seemed TO ms
that the financial condition of the coun.
trv should at once and before all other
subjects be considered by your honorable
BODY.
/ earnestly recommend the prompt re-
peal OF the provisions Of the act passed
July Il. ! 0. AUTHORIZING the purchase Of
silver bullion and that other legis atv3
action may put beyond all doubt Of mis-
take the intention ami the ability of the
government to fulfill its pecuniary oh 1.
cations j. money anniversary recognized
- "'' -''''''' GROVER CLEvEL AND.
Executive Mansion, August Z. 1898.