The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1893-07-07
WITH FAVOR
New York Bankers Regard the Extra
Session as Bound TO Prove
OF vast Benefit TO the Country. and say II
II the Hest Thing That Conid Have
Happened Gresham says the sher-
man Act WIN Be kepealsd.

NEW YORK, July s.--Lcading bank
ers and financiers agree that the prcsi-
dent has acted with good judgment in
calling an early extra session OF con-
gress.
President Geo. II. Williams, OF the
Chemical national bank. said: This IL
the best thing that possibly could have
happened President Cleveland de-
serves TO be commended for his prompt
action. consider the calling OF SEES
sion OF congress on August AS most
wise. The effect, IL strikes me, Is sure
to be good. II will tend to restore the
confidence where II has been temporar
lily impaired and prove of bcnsfit e
business interests throughout the conn
tr.;. As TO the further issue Of certifi
csies, cIrcuuastsnces slone eali rcRnint
| this. The Situation, on the whole, how
ever, is sure TO be relieved"
Robert NJ. Galloway. president of tn
Merchants national bank, said: sc
think the presidents action in calm;
a special session so early is wise. Their
is only one thing to do, and that is TO
congress to repeal the Sherman act
think Il the duty of every man. demo
crat or republican OF populist, to vot'
for the repeal. as it is the only thing
under the present condition of affair
that will avert serious disaster to thu
country.
VIM. Solomon, managing partner o
| Speyer 4 Co, said;'"That extra session
means the repeal of the Sherman law
and that means that sound finance will
be established IL will help us abroad
wonderfully. Europeans will be con
WINGED that we are honest in finsncia
affairs and do not propose to pay ouI
debts in deprecated currency"
Harvey Fisk, of Harvey Fisk & Sons,
said: "The news that Mr. Cleveland
on August will cause great rejoicing
and general satisfaction throughout
the land. The tension among business
houses of all descriptions has been 81
great in the last few days that the wei
come news that at last radical stel
has been taken in the repeal of the sill
yer act will do much to restore conf
lencc and probably unlock mucl
boarded money. The responsible,
will he placed where IL belongs-ol
congress-and I believe that congress
will not dare disobey the mandate o
the people"
John Clews of Henry Clews & Co
said: "Mr. Cleveland has at last dc
ciaed to do something. The Who'll
country has been appealing to him I
call an extra session of congress an
settle this question. He finally has d,
termined TO listen to the people. Plac
the responsibility where it belongs
with congress"
INDIANAPOLIS, Ind, July S.-Walte
Q. Gresham, secretary of state, was a
the Bates house Saturday. He Ia
been visiting his mother in Harriso
county and stopped over here to see
few Of his friends He was asked by
reporter: Have you seen that Pres
dent Cleveland has called congress
meet in extra session on August ~"
"les, have just noticed that in tn
morning papers, and l am very giac
indeed, that he has done so. believ
there was general demand for a NEE
ing of congress earlier than Septembei
and the call, think, will do much Il
ward allaying the doubts that exist d
to the outcome of the financial cond
ton"
DO you think congress will repes
the Sherman act?'
IL certainly believe il will. l wi
,ay, too, that two weeks ago congress
would not have repealed the act,
know whereof speak when sa
that"