The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1893-10-04
CLEYELAND'S STAND.
Clearly Defines his Financial Position.

ATLANTA, GA, Sept. 27.-Thc Con-
stitution tomorrow will print letter
from President Cleveland to Governor
Northern in which the President
states his position on the financial
question at some length. The letter
is in reply to one written by Governor
Northern on the fifteenth instant.
The Governor refuses to give his letter
for publication, but it is known that
it prosecuted a graphic condition of
the political situation in Georgia and
the South and urged upon the Prcsi-
dent the expediency of a public utter
ance from him more comprehensive
than his recent message as to the
proper policy to be pursued in Con-
gress upon questions affecting the
stringency of the times and the needs
Of the people. 1t is understood that
in his letter Governor Northern point
ed out the inroads being made in the
Democratic ranks by the Populists by
reason of the delay on the part Of the
Democratic party in Congress to enact
legislation on the line of the party
platform and pledges. He dwclls
especially upon the financial condition
and political interests of the farmers
of the South who constitute so great a
proportion of the Democratic party.
The Presidents $ reply to that letter
was received this evening and is as
follows:
"ExEcUT1vE MANSION,
"WAsH1NaroN, D. G., Sept. 25, 1893.
''The Hon. W. J. Northern:
''NIy Dear Sir hardly know how
to reply to your letter Of the 10th
instant. 1t seems to me that l am
quite plainly on record concerning the
financial question. My letter accept
ing the nomination to the presidency,
when read in connection with the
message lately sent to Congress in ex-
traordinary session, appears to me to
be very explicit. I want currency
that is stable and safe in the hands Of
our people. I will not knowingly be
implicated in condition that justly
makes me in the least degree answera'
BILE to any laborer or farmer in the
United States for a shrinkage in the
purchasing power of a dollar received
for full dollars worth of work or fol
good dollars worth Of product to be
| of such character that all kinds Of
dollars will be of equal purchasing
power at home, but I want it to be OF
such character as will demonstrate a
| broader wisdom and good faith thus
placing upon a firm foundation oul
credit among the nations Of the earth
want our financial conditions and
the laws relating to our currency sc
safe and reassuring that those who
have money will spend and investit in
business and new enterprises instead
of boarding it. You can not cure
fright by calling it foolish and unrea.
sonable and you can not prevent the
frightened man from boarding his
money. want good, sound and stable
| money and condition that will keep il
in use. Within the limits of what
have written I am q friend Of silver
| but I believe it's proper place in oul
currency can only be fixed by read
justment Nof our currency Legislation
and the Inauguration of consistent
and comprehensive financial scheme
I think such a thing can only bt
entered upon proftably and hopefully
after the repeal of the law which il
charged with all our financial woes
In the present state Of the public, this
law can not be built upon, nor patched
in such a way as to relieve the situa
tion. I am therefore opposed to thu
free and unlimited coinage Of silve
by this country alone and indepen
dently, and I am in favor Of the i'm
mediate and unconditional repeal O
the purchasing clause of the so-callet
Sherman law. I confess [ am aston
ished by the opposition in the Senate
to such prompt action as would reliev'
the present unfortunate situation
My daily prayer is that the della.
occasioncd by such opposition ma.
not be the cause Of plunging the coun
ty into deeper depression than it ha
vet known and that the Democratic
party may not be justly held response
bic for such catastrophe. Your
very truly,
':GRovER CLEVELAND"