The Green Forest tribune., 1893-07-06
An Extra Session in August.

weeks or more on his summer vacation.
At O'Clock yesterday evening the fol-
lowing proclamation was issued
EXECUTIVE MANSION, WASHINGTON, D.
G. June 80, 1S93.-Whereas distrust
and apprehension concerning the fnan-
cial situation which pervade all bust
ness circles have already caused great
loss and damage to our people and
threaten to cripple our merchants, stop
wheels of manufacture, bring distress
and privation to our farmers and with
hold from our working men the wage of
labor; and whereas, the present perilous
condition is largely the result of the f.
nancial policy which the executive
branch of the government finds embod-
led in unwise laws which must be exc
cuted until repealed ay Congress-; now,
therefore, l, Grover Cleveland, Presi-
dent of the United States, in perform
ance of the constitutional duty, do by
| this proclamation declare an extraordi-
nary occasion that requires the conven-
| ing of both houses of Congress of the
| United States at the capitol in the city
of Washington the 7th day of August
next, at II o'clock, noon, to the end
that the people may be relieved through
legislation from the present and pend
ing danger and distress. All those en-
titled to act as members Of the Fifty
Third Congress are required to take
notice of thir proclamation and attend
at the time and place above stated.
GROVER CLEVELAND.
The determination to call the extra
session the first week in August instead
of the first week in September, it is un-
derstood was only definitely arrived at
at this mornings Cabinet session after
giving full weight to numerous tele-
grams received from all parts of the
country urging the course. One consid-
Grafton which caused the President to
change his mind was foreshadowed in a
remark made by one Of his cabinet Of
ficers two days ago that if the President
receive reasonable assurances that
there was likelihood of the prompt re-
peal of the SO called Sherman purchase
law he might be disposed to call Con-
gress together earlier than he had an
nounced 1t is inferred from the fact
that the President has done SO that he
considers he has received the assur-
ances desired. Most Of the Cabinet
have followed the Presidents example
and left the city or are leaving for brief
vacations. Those who. remain say the
Presidents proclamation speaks for
itself, and decline to discuss the situa-
ton further.
The plain facts appear to be that the
disturbance in values arising from the
uncertaint ties of the situation grew SO
alarming that Cleveland at last was
compelled to acknowledge that the f'un-
expected contingencies necessi tating an
earlier meeting Of Congress" which he
spoke of in his celebra ted interview
June 5, had arrived. The action OF the
British government in India brought
matters to crisis. After India 8 action
the President resolutely declined to
speak further about his inten tions until
he should be prepared to act, and each
Of his Cabinet officers maintained a
similar silence. 1t may be stated, how
ever, without violating confidence, that
from the day of the announcement Of
the action Of India was made, the Pres
ident took steps to keep himself fore
warned of the slightest approach TO a
panic in the money market, prepared
at any moment to take the course which
he has now adopted. Though the de-
cision was reached in the middle OF the
day, the President took steps to pre-
vent the issuance Of the proclaim alton
being known before the stock exchange
closed SO as to avoid any appearance of
exercising undue inhuence on the stock
market.
THE extensive iron mills at Youugs-
town, o., Of which john a Logan, Jr, is man
ager, closed down Monday. Other mills at the