The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-08-10
y DOESN'T GRASP THE SITUATION.
Mr.. Reed Says the President Fails to See
All the Conditions

New York, August ga Washington
despatch to the Press contains one Iol-
lowing statement by ex-Speaker Reed;
One can hardly fail to be impressed
by the resem blance between the message
of President Cleveland and that OF the
last Democratic President who addressed
Congress of his party in 1857. While
the disaster is not the same, bhe express
Mr.. Cleveland has set the example OF
short, single topic messages; But Whlle
this message is impressive it is far from
being adequate to the occasion. While
my votes in the past show plainly that
| agree with much he says, l shoula not
be doing Justice to my own sense OF Ifuth
II did not record my entlre dlsDelleI IN
the idea that the message states Gne IN
DERIVING cause of our dlstress
The cause of our misfortunes is plain
ly this: Utter uncertainty relgns In
finance and tariff and in everything on
which business can be based. 1t you re-
move one degree Of uncertainty there re-
mains all the others You cannot readJust
the economy principles Wnlcn govsiTTn I a
that REIMBURSEMENT be violent and involves
the wages and salary OF every citlzen.
sTH0MAS B. REED"
g.
Watterson's Views.
Louisville, KY, August 9,-Henry
Watterson says in today's Courler-Jouree
nal: "The message bears the impress OF
a strong and earnest mind. Nobody can
gainsay the array of facts, or answer the
argument of this message. From begin
ming to end it is equally true in the pre-
sentiment of the state of the country, and
of the distemper, and wise in its recon-
mendation of the remedy"
Far Western Comment.
San Francisco. August 9.-The San
Francisco Bulletin notes the brevity of
the message and calls attention to the
fact that only the repeal of the Sherman
act is mentioned, without suggesting any
measure to take it's place, and nothing
about the tariff, Hawaii or the Geary
Chinese expulsion act.
The Daily Report says: 1t is the most
direct business-like message that ha $
Cleyeland's Platitudes.
Washington, August 9.-Congressman
Dingley Of Maine, says of the Presidents
message: "It contains number of
Grover Cleveland platitudes. Mr.. Cleve-
land never goes to the root OF evils. L
speak with considerable sympathy, be-
CducC l. dSICO WILL l1ll1A fln w VIZ NSoAtcs
bility of the result which he wishes to
attain
FNAa From the London Press.
London, August 8. The Financial News
says; President Cleveland's plea for
the repeal of the Sherman act is virtual
ly unanswerable. The question whether
the stoppage of monthly silver purchases
would Immediately end the crisis is not
easy to answer. If the American people
show as much faith in their currency
when the watering ceases, as they did in
the first two years of silver purchases,
the effect of the repeating of the Sher-
man act may be immediate. There is
more reason for such faith now than
there was three years ago"
The Times says: No permanent i'm
provement can be looked for until Con-
gress abandons the Sisyphean task Of at
tempting to maintain an artificial ratio
between silver and gold 1t is one of the
mysteries of politics how comparatively
small body Of men has succeeded in die
tating the financial policy Of a great
nation for it's own ends President Cleve-
land is manifestly doing everything
possible to terminate the evil, but the
silver interest will make tough fight.
1t is not easy to predict the precise issue
of the struggle"