The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1895-02-04
SUPPORTED By MERCHANTS.
IN Enforcement of the Presidents Vte,cs
on Finance.

IN Endorsement of the Presidents VietCs
on Finance.
WASHINGTON, Feb. 3.-Upon inquiry of
Private Secretary Thurber at the White
House it is learned that the President has
received very large number of kilograms
and letters from prominent citizens,
Chambers of Commerce and other trade
organizations in all parts of the country,
heartily indorsing the recommendations
contained in his recent message to Con-
gress and recognizing the necessity for i'm
mediate action for the preservation of the
national credit and public faith
In series of resolutions adopted on the
31st ult. the committee on trade of the
Norfolk and Portsmouth (Va.) Cotton Elk
change says:
In the opinion of our merchants it is emf
nently desirable in the close relations we bear
toward foreign countries that our standard OF
value should be the same as other nations of
the first-class, both for the extension OF COM
modities and for obtaining credit from older
nations on easy terms when desired, and we
heartily indorse the plans of the President
contained in his message and express the earn
est hope that Congress will reduce them to
legal shape at the earliest possible moment
From Louisville, KY, comes a not less
emphatic expression voiced through pub
lie meeting held by the Board of Trade of
that city. 1t was there resolved that:
With an abiding faith in the ability of the
Government to meet all demands upon it we
call upon the Representatives in Congress to
sustain the President in his efforts to re-estab-
lsh the public credit, to restore confidence to
commercial circles and to fix our currency on
a stable foundation; that however varied the
forms of our currency there can be but one
standard OF value, and that, by common con-
sent of nations is gold; that thirty years after
the close of the war the Government should be-
gin the redemption of its promises to pay COM
monty called greenbacks, issued to carry
on the war; that the prevailing paralysis of
trade is due not to a lack of currency, but to a
lack of confidence, and that confidence cannot
be restored until it is formally declared by
Congress that our willingness to meet all obli-
cations is as great as our ability, and that this
is inexhaustible
The Milwaukee Chamber of Commerce
urges the immediate adoption of law
substantially embodying the recommends
ton made by the President in his special
message"
Boards of Trade and Chambers of Com
merce in Baltimore, Cleveland, Boston and
many other cities join in substantially the
same sentiments. A veteran member of
the Union League Club of New York feels
no hesitation in asserting he voices the
sentiments of that organization when he
says the Presidents message is strongly
and heartily approved.
A Michigan State Senator says: "The
public faith and honor must be main
tanned. Permit me to congratulate you
upon your recent message to Congress"
A prominent Chicago microscopes says:
81 am only one of thousands who have
confidence in your courage and who are
waiting and hoping you will be neither
coerced nor coaxed into yielding to any
financial fallacies."
These are the words of prominent New
Yorker: 'If Congress fails to act can see
nothing but financial chaos in the near
future, followed by suffering and disaster
at home and shame Abroad
From one of Chicago's most influential
citizens came these words: ~ congratu-