The Republican journal., 1895-12-12
The Message in Paragraphs.

M0 0A000x18O AZ - 08E0RMos
BOND CONTRACT DEFENDED. RESUME OF
FINANCIAL RECOMMENDATIONS. FOR
EIGN RELATIONS.
IL have never had the slightest misgiv-
ing concerning the wisdom or propriety Of
the bond contract and am quite willing to
answer for my full share OF the response
bility of it's production.
II believe it averted disaster, the i'm
minence of which was not at the time
generally understood by our people,
This is perhaps the most interesting
single statement in Mr.. Cleveland's mes
sage for 1895.
1t occurs at the close Of the story Of the
famous bond contract that was worth &c.
600, 600 to the Morgan syndicate and
something more to foreign bankers.
Another is
~ cannot rid myself Of the belief that
there Turks in the proposition for the free
coinage of silver, SO strongly approved
and SO enthusiastically advocated by a
multitude Of my countrymen, serious
menace to our prosperity and an insidi-
GUS temptation to our people to wander
from the allegiance they owe to public
and private integrity"
Financial matters form the great bulk
of the whole document. The main topics
and suggestions are these.
!. The bond contract defended.
=. After increasing our interest bear
ing Indebtedness more than S162, 900, 600
to save our gold reserve, we are nearly
where we started in 1894.
3. The coinage Of the selgniorage
worth consideration
1. Retire the greenbacks.
). Issue long term gold bonds, small
as well as large
&. Issue national bank notes equal to
80 pei cent. OF bank circulation.
!. The government S ability to get
gold is small.
s. Panics like 1892 are likely to follow
large drafts of gold
8. Increased revenues are no remedy
for shrin cage in gold reserve.
~. Silver coinage laws Of lS90-9l COM
plicate the case.
ID. Against free silver.
y. The history of 1873 and 1890 is a
warning.
-. Collapse would be sure to follow.
The presidents review Of our relations
with other countries occupies the remain
der OF the message. Its important points
are
Reciprocal trade relations with Argen-
tine Republic beneficial.
Satisfactory arbitration BY the president
between the Argentine Republic and Bra
I'll.
Revival of the United States and CHILEAN
claims commission probable.
The demands Of the United States in
China for the punishment Of the outrages
against Americans are likely to result in
70 f,1f, f1%xr .,f.
Our relations with Japan are cordial.
a satisfactory solution Of the Waller
case in France is confidently expected !;
and MI. Waller confinement is alleviated
as much as possible.
Resolutions of the French chambers look
to a permanent treaty of arbitration be-
tween the two countries.
American export interests iniuriously
affected, not only in Germany but in adj
jacent countries, by the home market pol
icy.
Our great insurance companies are be-
ing driven from the European field.
Fair dealing with other nations is our
true trade policy as a producing nation.
Retaliatory trade restrictions may at times
be needed.
Attention called to the praise of our new
pavy at the opening of the kel canal
The decisions of the Behrne sea arbi-
traitors have not been followed by the cx-
pected results. British patrol id the
Behring sea insufficient To protect the
seals.
Payment OF British claims because OF
o'll seizure Of sealing vessels would be ju-
dlelpus and an arbitration treaty as to
these claims will he laid before tie senate
international rules to prevent collisions
at sea are Still in allegiance.
No agreement yet on the international
boundary in PasSamaquoddY BAY
The limits OF British and American gov
elnments in the Yukon region demand a
speedy determination. England has pro
posed joint delimitation by internation-
al commission. which can be accomplish
ed without unreasonable delay.
unsatisfactory markings OF boundaries
in the Great Lakes at the approaches Of
connecting waters. A joint committee Al
necessity.
American insurgents in Hawaii secured
in their rights and mercy obtained for
some.
Efforts to punish the lynchers Of Italian
labolers in Colorado The padrone sys-
TEN an evil.
Congratulations that the United States
was the first to recognize Japan's adj
vance.
Negro emigrants from Alabama in Mex
leo rescued from disaster by the United
States government, and the just debt to
the railroad for transporting them home
Our efforts in the Mosquito difficulty
gratefully recognized by Nicaragua.
The United States minister will repre-
sent the government at the Cars corona
ton in May.
The claims of the sealing vessels seized
IN Russian waters remain unadiuste
Modns vivendi may prevent further
trouble.
Congress urged to relieve the United
States from its Samoan complications.
Alliance outrage disavowed by Spain.
Recognition Of rights Of American citizens
prosecuted.
Commercial advantages gained and vex-
atious ship fines RENTED in Cuba and
Porto Rico.
Consular service needs improvement.
Promotion system and salaries explained.
Consular inspection should be provided
at once
Official residences should be supplied to
ambassadors and ministers abroad Nv the
government.
After Chem Literary Fellers..
MAMIE DICKENS, REMINGTON AND KIP
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