The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-12-12
THE PRESIDENTS MESSAGE

HE TX L AVA
We will not undertake to publish all
Of the Presidents latest message. To
wade through 1000 words Of dry rub
Dish that would be unworthy of a
member of the last legislature, if writ
ten by him, is a punishment that our
patrons do not deserve.
After getting off a great mass OF
stuff about foreign affairs, something
the people of America care no ore
about than they do about how the ma
tives of Africa part their hair, the Presi-
dent gives a synopsis of the reports
made by the heads of departments.
This is interesting, but is not new to
the reading public,
The financial question is the leading
one. The President leaves unsaid all
that he ought to have said, and what
he does say is just what nobody wanted
to hear. However, we will give that
in full. He declares himself in favor
Of issuing more bonds, in the following
language:
81 desire also to earnestly suggest
the wisdom of amending the existing
statutes in regard to the issuance OF
government bonds. The authority now
vested in the Secretary of the Treasury
to issue bonds is notas clear as it should
be and the bonds authorized r disad-
vantageous to the government, both rs
to the time of their maturity and rate
of interest"
He knocks any further financial leg
ielation on the head in the following:
I'm the nature of things, however, it
is impossible to know at this time, pre-
cisely what conditions :wiIl be brought
about by the change. or what, if any,
supplementary legislation may. in the
light of such cOndi ions. appear to be
essential or expedient OF course, after
the recent financial depression, time Is
for the re establishment of
business confidence. When, no viewer,
through this restored confidence the
money which has been frightened into
boarding places Is returned to trade
and enterprise, q survey of the situa-
ton will probably disclose a safe path
leading to a permanently sound cur
abundantly sufficient 60 meet
every requirement OF our increasing
population and business. In the pur
suit of this object we should resOiutely
turn away from alluring and temporary
expedients, determined to be content
with nothing less than a lasting and
comprehensive financial plan. In these
circumstances, | am convinced that a
reasonable delay in dealing with this
instead Of being injudiciOus,
will increase the probability of wise
Otcourse, to carry out the gold stan
dard policy, such language was ex
pected from the President of Wall and
Lombard street. Those who hoped"
something would be done can now pre-
pared for disappointment For our part
we expected nothing.
MI. Cleveland declares he is IN favor
of tariff reform, and virtually endorses
the Wilson bill. We have told our
readers that it makes no reduction ex-
cept where the tariff is very high and
prohibitory-high enough to make a
slightreduction and still Oe p~rohibitory.
Tx al GACACS III G1AC 41CO 4ASV ~ SAO1p1J
the products Of the fields, mines and
forests-articles that we export, but do
not import. For instance there was a
tariff of eight cents per pound on hops.
There was eve a pound Of hops
brought here from foreign lands, but
we export quantities of hops. Free
wheat, free mules. free wool, means
just the same thing. The tariff is for
the sole benefit of manufacturers, and
anybody is benefited the placing of
all farm, mine and forest products ON
the free fist will benefit the manufac-
turers by enabling them to get your
products cheaper, while they r pro,
tected after the goods are made up. In
Grief, the tariff reform(0 Mr.. Cleveland
says he favors is a fraud, and we r
prepared to prove it by the figures of
the Wilson bill itself.
We have had the Bill Mckinley tariff
bill, and now we have the Bill Wilson