Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1895-04-26
GROVER ON FINANCE.
TEXT OF HIS LETTER TO THE
CHICAGO COMMITTEE.

The President Very Plainly Defines
His Position ON the Silver Question
la Internationally In Favor Of
f"sound Money"
Following is the text of President
Cleveland's reply to the invitation of Chi
cagO business men to address a meeting
to be held there ratifying the Presidents
attitude on the money question:
iTs MsssTs. YIN. ! Y. y Saks!; George " " Smith aI5h
and Henry s.. Robbins: Gentiemen-I am
much yGratiaed BY the exceedingly kind and
me On behalf Of many citizens Of Chicago to
be their guest at a gathering In the Interest
OF sound money and wholesome financial
My attachment to this cause Is 80 great
and I know SO well the Hospitality and kind
s ssss 81 ine she RsiSp'si Is 81 Strongly S . In 'f faso my Of per ac-
cepting your fiatterlng Invitation. but my
judgment and my estimate of the properties
enjoyment Of participating in the OCCASION
.yOn contemplate.
I hope, however. the event will mark the
beginning OF an earnest and aggressive eff
ft.rt to disseminate among the people safe
and prudent financial ideas. Nothing more
ltNIOTthuL Cdu euSuSe luc dttcutlOu WI ia.
triotic citizens. because nothing il 80 vital
to the welfare Of our fellow countryinen aud
to the strength, prosperity and honor of our
nation.
Tho situation confronting us demands. tlnt
those who appreciate the importance of this
to SEQ impending danger, should no longer
remain Indifferent or overconfidcnt.
SOund-MOney Sentiment.
II the .sound-money. sentiment abroad in
the land is to save us from mischief "I, and dis;
e oas to teA oSer iPadso the fEae a', that a large a'l HIM
thus far. to examine the question in all Its
aspects. have nevertheless been ingcnioisly
dressed with specious suggestions. which In
i any Listeners ssss%s wRR f!sRaiI IS pls to if'Ss p sssssass a as
What ia now needed more than anything else
III II plain. and simple presentation of the
argument in favor of sound money. In other
to reason together as members of a great ma
tion. which can promise them II contililanre
o. protection and safety only 40 ionS as ,, is
and the soundness of its money unuues-
toned. These things are ill-changed for the
lasa hope of advantages to he gained by a
disregard of our financial. credit and rom
me = standing among the nations of the
II our people were isolated from all others.
and Ii the question of our currency. could
Wv Icuteu MIlnOuV TeSNru 10 OUT relullOuS w
other countries, its character would he II mat:
ter of comparatively little Importance. IF
tho american A people Were only CONCERNED In
themselves they might return. to the old
days of barter, and In this primitive manner
. .s,,ppiy the he0 wan eac" Of 9 tiieir e .as meeer'n mst If If
Il would abjectiy fall in its high and noble
mission.
Temptation of the Farmer.
In these restless days the farmer is tempt
renry may he debased. redundant and ~
'%csT.,in;. such a situation viii H.. imprDyc II
that he must nus buy MS well as - sell; I that Iii lis
a1SaHs thai, sa Il E'e the price Rice Of the things III sh he f l,as
things he must buy will, not remain sta
tionary: TINT tho best prices which cheap
ivS. Sn 6ra t6nt eye epe y ani tI'ey MeEn a rnal e ami
pnlpablc. he must necessarily he left far be.
hind In tho race for their enjoyment. 1t
Garner that If there were benefits arising
from y degenernted currency. they would
rost Of all the needs of Ills home must he
long his portion, while he is at the same ti'"ee
tory and experience nre full Of this less ..
An insldious attempt is made to create a
and sound currency by the inslnuation. more
or less directly made, that they belong to
fore not only nj out Of symnathy With the com.
mon people of the land but for selfish and
wicked purposes are willing to sacrifice the
believe that capital and wealth through
combinations and other means, sometimes
.e saaa de u tSas the aey mninfena aee Of If % a saun Ss
agrsater orIess importance to individuals &C.
1t is. however. only n difference in degree.
since It is utterly, impossible that any one
In m.S our Ss broad p;s dcd land; rich v or poor d,y wh5ateyer
a center Of finance md commerce. or In a
remote corner Of our domain. can be really
S Seneaefa e ali Il o onr people see or That nS any a, one
should be excluded from a common and uni
versal interest In the safe character and
value OF the currency OF the country.
All in Business.
q 1p ps our relation t6s to, to this n! , question aLa " We are all
all haye to do with financial operations. for
W., all ancs earn NJ, money and spend, it.. We can
and dealers are in every neighborhood, and
s saysh has Its shops and manufacterIcs.
a Mses snsnce ehf In w aome Of aeg mee e ars io SnsIns rs.
they. supply. and in another to the more ex-
are. trib9tary. 4 a IL 10 in ~ prices MSssn at .f ess
the remotest hamlet. The discredit or de-
Of money. in the hands Of the people is a
signal Of immediate loss everywhere.
II reckless discomfort and wild. experiment
should sweep our. currency from Its safe sup
in that time Of distress and national dis.
credit will be the poor. as they reckon their
and nottingham as he sees the money he has
received. for his toll shrink and shrivel in
his hand when he tenders It for the neces-
saEies to supply his humble home.
Disguise It as we may. the line of battle
10 drawn between the forces Of safe currency
not believe that il our people are afforded an
Intelligent opportunity for sober second
thought they. will sanction schemes that,
however clOaked. mean disaster and confu.
sion: nor that they will consent by under
mining the foundation Of a snfe currency to
po osaH & th saie .s SsnsnSee1 cnS Ya%rs ra and tr PIE
GROVER CLEVELAND.
Accepttne Defsot.