The Meeker herald., 1893-08-19
CLEVELAND DEMANDS REPEAL.
THE PRESIDENTS MESSAGE.


"The existence Of an alarming and e1traor-
binary business situation, involving the well
fare and prosperity of all our people, has con-
strained me to call together in extra session
the peoples representatives in Congress, to
the end that, through wise and patriotic
exercise OF the Legislative duty with which
they solely are charged, present evils may be
mltlgated and dangers threatening the future
may be ayerted.
"Our unfortunate financial plight is not the
result OF untoward events, nor of conditions
related to our natural resources; nor Is 1t
trnceable to any OF the Affections which fire.
quently check national growth and prosper
ity. With plenteous crops, with abund an,
promise of remuneratlve production and
manufacture, with unusual Invitation TO safe
Investment and with satisfactory assurance TO
business enterprise, suddenly financial dis
trust and fear have sprung up on every side.
Numerous moneyed Institutions have suspend
ed because abundant assets were not tmmedi-
ately available TO meet the demands OF fright
ened depositors, surviving corporations and
individuals are too content to keep In hand
the money they are usually anxious to loan,
and those engaged In Legitimate business are
surprised TO find that the securities they offer
for loans, though heretofore satisfactory, are
no longer accepted. Values supposed to be
fixed arc fast becoming conjectural, and loss
and failure have invaded every branch of
business.
a believe these things are principally charg
cable to congressional legislation touching the
purchase and coinage OF silver by the general
government This legislation is embodied in
statute passed on the l4th day of July,
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Law
..-r,Js aoo,.-.,to,,. an oo,t-oI. III. octIor Of
Nh. secrct,rv NJ tho treasury a. To prevent his
o,cr,,,tr,, "a. ,ts,,.,t,,, ,,,,t,.liy vestcI In
him. II by such action the parity between
gold and silver may be disturbed. Manifestly
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