The times. [volume] (Richmond, Va.) 1890-1903, 1895-12-05
RECOVERING FROMTHESnOCK
Republicans Were Taken ADacf w W
CesrneS Of CleVelards Views.
IMMEDIATE INCREASE OF REVENUE.
with no Other Plea to 0nset HIS ADie sno
Honest Exposition of the Question
They Fall Back on This Crys

WASHINGTON. D. c., Dec. A-spe-
ciai.--The Presidents message Is tns
absorbing topic OF discussion about the
Capitol to-day.
There was no session Of the House, put
a number OF Republicans and Demo-
Gratis congregated there and continued 10
talk among themselves OF the Pres'-
dents financial RECOMMENDATIONS. IN"
Republicans, having been first taken
aback by the clearness and courageous
discussion OF the Governments hnah-
ciaI situation. are beginning to recover
from their evident disappointment. ~
finding little to criticise In the docu-
ment, and are turning all their encft'ss
toward the PRONUNCIATION OF argumen. "
show, that while currency REFORM mik"t
be a desirable thing some time In the
indefinite future, the immediate neces'
sity Is an increase of revenue
There Is no disposition upon the part
of Democrats anyw here to deny that ad-
ditiona revenues are needed. but TO as
sert that the lack OF revenues Is 'he
cause and not the result OF our present
defective system OF currency. Is TO nave
an entirely mistaken idea OF the situa-
tion.
when the sound money Republicans OF
both houses spurred On by the insistence
OF their constituents. that the sherman
law should be promptly repeated gave
their hearty support In the last Congress
to the President, in his effort 10 take the
initial step towards the reformation OF
the currency system, they freely ac-
knowledged that the menace to the IN
tegrty OF the government which the
rapid growth of the volume OF silver
currency made inevitable. was the direct
and Immediate cause OF the general busi-
ness depression. the falling on or reve-
nues. and the lack OF confidence In the
ability OF the Government to maintain a
parity between its various forms OF
money.
FOSTERING SORES.
But while the Sherman law was re-
peaed the other defects In the iinanciai
system were permitted to continue, like
fostering sores, growing worse with time.
The repeal OF the Sherman law was
step I'm the right direction. IL was not,
however, the whole journey. and tho
President has repeatedly pointed out the
necessity OF further congressionai ac-
ton. These statements from the Presi-
dent were disregarded by Democratic
ffOfrt, DfCdDHt tUtft Wtit toO tbc'S
Democrats intent upon bringing disaster,
both upon their party and the country.
by advocating free silver. and every other
form of financial heresy. which men OF
similar character had from time to time
inserted I'm then Democratic creed. Now
the Republicans threaten to follow
similar course by evading the real Is
sue, and by doctoring such ailments of
the Government as are not causing tho
slightest uneasiness.
Having been given their cue by some
of the leaders. the Republicans to-day
are generally sneering at the President
for having failed to make any recon-
mendation regarding the revenues. As n
fact he realized the futllity OF pointing
out to the Republicans a course. re-
specting the matter which he knew they
would not follow. regarding n subject that
will doubtless be discussed In the report
of the Secretary of the Treasury.
ADDITIONAL PROTECTION.
But having nothing else to find fault
with, the Republicans have hit apon
this omission in the message, and are
endeavoring TO use the Presidents argu.
ments In favor OF currency legislation te
support their cry for additional protec.
ton to American Industries. This Is, OF
course, but ruse. Their policy IL
entirely one OF suterfuge and pre-
tence.
They have been determined from the
start to tinker with the tariff for the
benefit OF a favored few, and they act as
IL they thought the public could be
deceived by the clamor they are MAX
ing
LOBBYING.
Already there is a strong lobby here
working to have the duty on wool re-
stored. There will be others In a few
days, representing special interests which
demand a share In the taxing power OF
the Government. The doors win proba'
bly, be thrown open to the monopoies
and corporations who under Republican,
rule have always been licensed TO plum.
der the people OF the country through
the agency OF the Government.
and bills will be framed. and possibly
passed. which the President will have
to veto or be recreant To the trust i'm
posed In him by the american people.
But the Republicans viii have carried
out their policy. and they will andeavof
to blame the President for any failure "a
produce results. No results can be ex-
pected from the policy outlined by the
Republicans. Probably they expect