The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1894-12-08
Is CleVelanN'S Message to this
Session of the Fifty
Third Congress.
SILVER GETS IT In THE CERYICAL.
EpitOme of the Whole Message
statement of Proposed
Financial Schemes.

The message sent to congress last
Monday by president Cleveland con-
tains 10000 words. For length, it
is a record breaker. 1t Is not so
stilted as his former messages are,
but in very modest tones allows the
of congress to himself A
synopsis of the monstrosity is all we
can find room for this week.
The president treats at length up
on this country's peaceful foreign re-
lations. Belgium, Brazil, Chill, Chi
na-Japan, Ecuador, France, Hawaii,
Mexico, Mosquito Coast, Russia, Sa-
moa, and the West Indies, each in
it's turn receive comment which
praises the administration for it's
wisdom and wondrous insight. The
president points to many changes in
the organization of the standing army
within the past year, by which it's
annual cost has been reduced, while
it's effective force has been consider
ably augmented. The army num-
bers less today than one year ago.
He commends the punctuality of the
war department in furnishing troops
for localities where trouble seemed
imminent. The message suggests
the increase of our naval and coast
defenses upon modern plans, a sug-
gestion in which everybody will con-
cur most heartily. There are in the
army 25, enlisted men and 2,135
officers; in the militias of the various
states there are enlisted 117,533 men
and officers. Cleveland recommends
the construction of two federal jugs
| for the incarceration Of federal con-
victs.
The postoffice department is nine
millions short in its years business.
The president kicks on the passing
of circulating libraries as second
class matter, and all the people say,
"Amen."
This ponderous and long-winded
letter of his excelency calls for more
tariff tinkering. Declares it's faith
in free iron, coal and sugar, adding
that 'it follows as logical and i'm
perative necessity that we should at
once remove the chief if not the only
obstacle which has so long prevent
ed our participation in the freight
carrying trade of the sea-
In regard to the currency Cleve-
land favors bond issues only to main
tain the gold reserve, but regards
the maintenance of the gold reserve
under our present monetary system
an absolute necessity. He thinks
our monetary policy should be
amended, and indorses the propagan-
da of the bankers of the country
commonly known as the "Baltimore
plan" The scheme is set forth in
the message in the following Ian.
guage:
''It is proposed to repeal all laws
providing for the deposit of United
States bonds as security for circula
ton; to permit national banks to is
sue circulating notes not exceeding
in amount IS percent of their paiduI
and unimpaired capital, provided
they deposit with the government a
as guarantee fund in United State
legal tender notes, including treasu
ry notes of 1890, sum of equa
amount to 30 percent of the note
they desire to issue; this deposit t.
he maintained at all times, but when
ever any bank retires any part of it
circulation, proportionate Fart O
it's guarantee fund shall be returne'
to it; to permit the secretary of tn
the treasury to prepare and keep o
hand ready for issue in case an in
crease in the currency is desired
blank national bank notes for eac
having circulation, and to repeal tn
provisions of the present law impos
ing limitations and restrictions thu
. permitting such increase or reductio