Omaha daily bee., 1893-08-09


of adding from $50, 900 900 to 800 900, 600 an
nually TO the permanent wealth Of the world.
1t expresses no regret for the misery and
loss which would be cutailed upon more
than 30 per cent of the people of the nation
by the evils of shrinking money supply,
falling prices, Improbable farms and plan
tations, and idle mills and factories. Ii will
be hailed with delight in Lombard street
and Regent street aud by the holders of
fixed debts wherever American securities
are held. but it will sound like death knell
to all debtors all over the land
Doesn't Suit tho News.
Speaking cditorialy of the presidents mes
sage the Rocky Mountain News will tomor-
row morning say; "rhe line is drawn. On
one siue is Grover Cleveland and all the
power of his administration to force the
country, at whatever cost to the gold stan
dard. On the other are the people with all
their vast interests, struggling to restore
the bimctallic standard and thus save them
selves and their country from utter business
ruin. Mr.. Cleveland maintains that our
present unfortunate financial plight is prnci-
pally chargeable to the Sherman act. His
argument upon this proposition leads to the
conclusion tnat it is the Interpretation which
the treasurer places upon the clauses
of the act defining his duties and
limiting his discretion that pro
duces, that very unfortunate financial plight.
As it is, the secretary, in violation OF the
plain letter of the law, with the presidents
applpNtl, uHS ilihut pNo EuNtIHultnJ uullk
tions payable in gold alone, and has thereby
established clear discrimination in favor
of gold"
III conclusion Cne eulIorlal says IN the
his logic based unon haif.toid tales his con.
cealed hostility to silver as money. except
used in menial service, his open solicitude
for foreign bondholdors that they shall be
paid gold, and nothing but gold for the
bonds they purchased at half their face,
and which, under the law, are PAYABLE in
greenbacks and by a resolution of congress
| in either gold or silver, what he saws will
| have no weight with inteIlicent and nm
| biased men and will meet the npproyal of
| those only whose interests lie in the impov-
! crishnent of the masses of tho country for
| the enrichment of the classes. foreign and
| American, who own the money and are,
| thprefore ndvantnped nv the lcssenincr
values of all the other assets of the world ,
|
| 'r""e"' 'oii''cs 'h'S'
| SAN Francisco. Aug. S.-The Evening
| Post, independent democrat in politics, says
| editorially; 1.-The words in which Mr.. Cleve-
| land has transmitted his message to con-
| gresS are those of a prudent politician,
| whose intellectually is under the strict re-
preston of a myriad of conflicting interests.
| His document Is, therefore, serious dlsap-
! pointmeut Mr.. Cleveland is no longer a
| statesman he has become a diplomat
INDIANAPOLIS, Aug. S.-Thc Sentinel dem
ocratic) says: "Nlr Cleveland cuts away
from al side issues and possible problems of
the future in order TO deal with the great
| problem of today. 1t is to be hoped that
| congress will follow his example"
Nav yori. press Comments
,,.x,a.,- 60 ,,,,. e.,,....;,,...
| NEW hof'N' aug, o. Ilic iolioWlhS are OK
tracts from eullorlais relative To Tue preSl-
aehtS message Whlch VIII appear III Ihe
issues Oh WeuhesuaH morning:
Inc Nor!u: III Is characteristic aocu,
| menu plaIulS spohcu' houcSI' IcrSe anu
patriotic ms statements OF facts are unde-
hiaole' ms cohS!9slohs are lrrcsistlole TO
al open anu canulu ihtiuS' ING PreSluenI 5
nnrsnr, sbn,,iI he eYnliniriv airon tn ~, I'D
minstration to reinforce the supply of gold
when necessary Such authority is needed
| and should be given"
The Sun: mo part of President Cleve
lands message, important as it is in every
part is more significant or politically re
assuring than that referring to the tariff
We congratulate the democracy on the fact
that the president recognizes squarely and
honestly the validity OF the pledge. There
is no sign of reputation"
Under the caption of Honor to the Pres
dent" the Tribune-will say: 1.-The presi
dent deserves high honor for the message
so free is it of every suggestion of trimming
and compromise, and so earnest and 81
strong in It's appeal to the good sense of meI
of all parties, without distinction of party
Men who care for the public welfare vii
sustain him wherever he is so clearly in the
|
The Times "rherc is nothing in it tina
can offend any section, any class, or ever
any faction there is no harsh criticism o
conflicting theories. IL is Il most movinI
appeal to the sense, the patriotism and the
FAIRNESS OF al, IL Is a message tha' GVer1
feel NOT only satisfaction bnt pride y
The Stants Zeitung: is 1nis not what w,
necd1 Tho Amerirnu nconle must now hay,
learned by exuarience what ia right in tn,
silver question, and il is to be hoped the,
will not nttempt to oupose this object lessor
to their constituenlsd
comments o' EhSii'h Ne"Sp"p'rS'
| LONDON, Aug. S.-The Post, commenting o
President CleVcland's message, says
America cannot well stop at the mere repea
of the Sherman act" The Post throws ou
no suggestion, but says some action is Ger
taiulY necessary.
The Daily Telegraph says: yesterday
proceedings in the United States congress
and in the House of Commons ought to b
read side by side. President CleYcland'
striking picture OF the evil wrought by frc
SILVER III Uhe olltcu oIaCca con- nSNiluUcs an O.
lncics -
The Times commends the messapo AM
saws il would be difficult to convict Nh
CLEVELAND of exapperation in the fac
of the daily returns of America
prices and exchanges No permg
nent improvemenC can be looked TO