The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1893-08-11

At times like the present when the evils OF
unsound finance threaten US, the speculator
may anticipate n harvest gathered from the
misfortunes of others the capitalist may pro-
tect himself b. boarding or may even lind
profit in tine fuctuation of values: but the
wage Garner, the first TO be injured by q 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 alleviat!on. 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 fifty wears
ago when a arrangement OF the currency had
caused commercial distress, said: 'lhe 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 pertinent Sow
as on the Cay they were uttered ana ought to
impressively remind US that failure in the dis.
charge of our duty at this time must especially
inlure those OF our countrymen who labor and
who because of their number and condition are
Untitled to the most watchful care of their gov
e-hIpeut
1t is Of the utmost importance that such re.
lief congress can afford in the existing situa.
..on be afforded at once The maxim, He
gives twice who gives quickly" Is directly ap-
plicable 1t may be true that the embarrass-
much from evils -apprehended from
those actually rxisting 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
rifce their property or their interests under
the influence Of exaggerated fears. Neverthe-
less, every days delay in removing one of the
plain nd principal causes Of the present state
of things enlarges the mischief already done
and increased the responsibility of the govern
ment for its existence. Whatever else the
people have right to expect from congress,
they may certainly demand that legisli tion
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
1t was my purpose t, 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, as shown by their
suffrages, desire and expect, and 20 the accom-
plishment Of which every effort OF the present
administration is pledged But while tarih re:
form has lost nothing of its imm edia te and per-
manent impor tance, and must in the near fu-
ture engage the attention of congress. 1t has
seemed TO me that the financial condi tion Of
the country should at once and before all other
subjects be consid sred BY yor- honorable body.
earnestly recommend the prompt repeal of
the provisions of the act passed july II, 1897,
authorizing the purchase of silver bullion and
that other legislative action may put beyond al
doubt or mis- the intention and the ability
of the government to fulfil its pecuniary obliga
tions in money universally recognized by all
civilized countries GROVER CLEVELAND.
Executive Mansion. August, 1893