New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-06-08
MR.. CLEVELAND WAS WORRIED
THE FINANCIAL OUTLOOK ON MONDAY DIS
TURBED HIM.
HIS ANNOUNCEMENT AS TO AN EXTRA SESSION
PROBABLY MADE TO ALLAY APPREHENSION.
~ ~v, vcu.pu tn THE rHiBCNRf

HIS ANNOUNCEMENT AS TO AN EXTRA SESSION
PROBABLY MADE TO ALLAY APPREHENSION.
fsY TELEGRAPH THE TsIBuNEf
WASHINGTON lime There Is rea son TO believe that
President Clevelands announcement OF his purpose to
convene Congress III special session not inter IMAM
September Is fastened, II not recipitaed by inc
stormy appearance Of the financial sky on MONDAY anu
that II like conditions shall recur he Will either cah
session earlier than the time mentioned or VIII ex
ercise all the authority given to him by law 10 aver
general panic There is no doubt whatever that me-
ne val ms members OF the Cabinet who were In Wash
ingtop were greatly alarmed by the reports received
on Monday afternoon, and there IS little reason 10
doubt that the interview with the President was puo
shed In order II possible. to aay apprehension ana
distrust and 10 bridge what SEEMED to D. serious
as we'll as sudden emergency.
There was a better feeling among members OF the
Administration today and the President was said to
feel confident that they going TO be able to get
through without bt I'D issue until Congress meets
Both he and Secretary Carlisle are talking very
earnestly With every Senator and member who vsits
of the Sherman law The President said TO mem
Der Congress this morning tina, ne aio hos OeMese
The situation sItn as 70 sr Congress convenes the
sherman law were not promptly repehlea, .n"r ", tho
surely disaster He said that the o. ban ahs
had show in standing out against the ruhs aue nPo
them indicated that at bottom the hnancii coho'''oh
Controller Of the Currency Eckels said today that
no had been whtching New-YOrk and chicago ciosrS'
because break there would be truly fr,ous ,hlm;
and that he was satisfied that the New loik ana M
cago banks In strong condition As W Ihu "
adelphia the same Is true. secretary earlsic u
strainng every nerve to replensh the goid reserve
and is meeting with some success.
Senator Henderson said TO a STAR reporter toasy
that he did net believe the situation 10 &c nra early
as had as II looked. 1--WE are he SAID " more
frightened than hurt that is. there Is not the fohah
tIon for as much alarm Is felt Sp'aKing OF me
prospects II repeating the sherman Jaw. ne sad Inc
sberInan law be repealed by the next congress
unless the free coinage OF silver IN some iorin =
substituted They may put more silver In me dUhr
but free coinage will be insisted on as cohdiuoh
to the repeal Of the sherman law
BLOUNTs VIEWS NOT OFFICIALLY KNOWN HERE
Washington June 7.-Sccrctnry Gresham has re-
ceiyed no information from Minister Bloun that war
rants the conclusion that the latter Is prepared 10
ineorse all that has been done In Hawaii, ana tna'
he is nbw strongly inclined 10 recommend NJ FEAST
the establishment Of United States protc'ora'c
over the Hawaiian Islands. The Secretary Is also In
official Ignorance of the reported interference OF 'as
Spreckes in behalf OF the restoration OF the monarchy
and OF his insIstance upon the repayment by ,he
Provisional Government OF money advanced by MN
IN the late monarchy. The secretary Is. 81 course
in receipt OF Information from Mr.. IlCunt that h. Gp"S
moi feel justified In publishing, but he feels no heSl
ton in DENYING the accuracy OF the above report