The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1893-08-11

lack Of confidence, however caused, u . menace
which ought not for . moment be disreRsrded
Possibly if the undertaking We have in hand
were the maintenance Of . specific known
quantity Of silver at . parity with gold, our
ability 70 do 50 might be estimated and gagged
and perhaps. in view Of our unparalleled growth
and resources, might be favorably passed upon
But, when our avowed endeavor h to maintain
such parity In regard 70 an amount OF silver in
creasing 1T the rate Of s50OOe,0O0 yearly, with
hardly be said that a problem Is presented
whose solution Is free from doubt
The people OF the United States are entitled
to a sound and stable currency and 70 money
recognized as such on every exchange and in
every market of the world Their government
has no right TO iniure them by financial expert
ments opposed to the policy and practice Of
other civilized states Nor Is it justified in
permitting an exaggerated and unreasonable
reliance on our national strength and ability TO
jeopardiZe the sOundneSs Of the people 9 money.
This matter rises above the plane OF party
politics It vitality concerns every business and
calling and enters every household 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 threaten Us, the Spectator
may anticipate harvest gathered from the
misfortunes Of others; the Capitalist may pro-
tect himself b. boarding or may even find
profit in the fuctuation OF values: but the
wage Garner the first to be injured by de-
preciated currency and the last to receive the
benefit Of its correction, is practically defense
less 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 upon the misfortunes OF 9TH
ers nor hoard his labor.
One of the greatest statesmen our countay
has known, speaking more than ffty years
90 " hon 6op ont nf
caused commercial distress, said: The very
man Of all others who has the deepest interest
in sound currency and who suffers by mis-
chievous legislation in monetary matters is
the man who earns his daily bread by his
daily TOLL These words are as pertinent now
the Cay they were uttered and ought to
impressively remind US that a failure in the dis
charge OF our duty at this time must especially
iniure those Of our couutrymeu who labor and
who because OF their number and condition are
entitled to the most watchful care Of their gov
ernment
II is Of the utmost importance that such re-
lief as congress afford in the existing situa-
ton be Afforded at once The maxim He
gives twice who gives quickly" is directly ap-
plicable 1t may be true that the embarrass-
ments from which the country is suffering arise
as much from evils apprehended as from
those actually existing We may hope. too,
that calm counsels will prevail and that
neither the capitalists nor the wage earnerS
will give way to unreasoning panic and sac
rifice their property or their interests under
the influence of exaggerated fears Neverthe-
less, every days delay in removing one Of the
plain Ind principal causes OF the present state
OF things enlarges the mischief already done
and increased the responsibility Of the govern
ment for it's existence. Whatever else the
people have right to expect from congress,
they may certainly demand that legislation
condemned by the ordeal Of three years dis
astrous experience shall be removed from the
statute books as soon as their representatives
can legitimately deal with it
Il was my purpose II summon congress IN
special session early in the coming September
that We might enter promptly upon the work Of
tariff reform. which the true interests of
the country clearly demand, which so large
majority of the people, shown by their
suffrages, desire and expect. and to the accom-
plishment Of which every effort Of the present
administration is pledged. But while tariff re-
form has lost nothing of its immediate and per-
manent importance and must in the near flu
ture engage the attention Of congress. il has
seemed to me that the financial condition Of
the country should at once AMI before all other
subjects be consid cred by your honorable body
earnestly recommend the prompt repeal Of
the provisions of tho act passed july II, 1872.
authorizing the purchase Of silver bullion. and
that other legislative action may put beyond al
doubt or mistak the intention and the ability
OF the government to fulfill its pecuniary obliga
lions in money universally recognized by all
civilized countries. GROVER CLEVELAND
Executive Mansion. August :. Is9R