The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1895-12-07

4
say About a.
The message II disappointing from tho
| fart that Il suggests no practical remedy
| for the unsatisfactory conditions which
now exist.--Aldrich. n. ].
Mr. Cicvcland's currency panacea n stIii
| the same old gold cure. His last words TO
the American people n like his first--bonds.
IN. Y. Recorder.
The message OF the president Is unique
/ In one respect. II cons;cers but two topics
the relations or this government 20 for
eign powers and the currency problem
Chicago Tribune.
On the financial question the message
sounds like the argument OF an attorney
for Wall street and Lombard street I'm the
interest OF his clients. IL Will be disap-
pointmsnt TO the country, think--Aiien.
Neb
/ do not think the message has made
much OF an impression on the senate. do
the retirement OF the grcenbacks will be
carried out.--Teller. Col.
In the sense OF laying down plan for the
future II Is disappointing, AZ IL does not
deal comprehensiveiy with our currency
difficulties. II Is especially disappointing
IN not suggesting measures ms 20 now 70
raise revenue for carrying on the govern
ment--Alllson. Ia.
The un- American tone OF the presidents
discussion OF foreign Affairs viii be the
theme no doubt OF good many congression-
al spt sches. and IL Is safe 20 say that his
critics VIII not be confined to tho repub-
lican party.-Chicago Inter Ocean.
These extreme measures (the proposal
to retire greenbacks) would not have been
necessary n the country had remained un-
der a protective tariff The insufficient
revenue provided by the Wilson bill Is re-
sponslble entirely for the present state or
the treasury. Tribune.
-
financial history OF the country, full OF che
knowledge, that comes from the schools
and from circle OF New York bankers, he
gives expression TO theories that have no
chance TO be. worked ont i'ato administra-
tive policles.--cincinnati Commercial Ca
zette.
The tronbic with Mr.. Cleveland In his
consideration OF the national finances Is
thath ehas mistaken effect for cause. Hede-
votes all his attention to rehabilitating the
currency. while the real secret OF the finan-
ciai weakness which afiiicts us Is the In
sufficient national revenue--Boston Jour-
nal.
In a word. his only new policy Is his
scheme for the cancellation OF the green
backs and the enlargement OF the national
debt. The somewhat dogmatic spirit In
which he insists upon this as the panacea
for our financial ills does not AFFORD much
assurance OF harmonious cooperation be-
delphia Bulletin.
Suppose we adopt Mr.. clevclands plan
and retire these grecnbacks. He proposes
TO substitute an Understanding debt
for non-interest bearing debt. IL
Will add 500, 600 900 a year TO our govern
mental expenses. And " Will take away
from MS. for use In our traffic among our
selves, $500 100000 OF currcncy.--N. Y. Press.
The public will be disappointed with that
part OF the message which relates TO the
war I'm Cuba. Whether intentional or not,
the sympsthies OF the administration APP
pear 70 DC with Spain rather than Cuba.
The president I'm his intense anxiety TO en-
force the neutrality laws, seems 70 lose
sight OF the larger American view OF the
question involved baltimore American.
The president makes no direct allusion
to the inadequate revenue provided by the
tariff act OF 1894. lie denies that the bond
issues were made 10 remedy a defcit and
insists that there has at all times been an
ample fund TO draw upon for the current
expenses OF the government; but he does
not say that the existing tariff yields a
sufficient income. neither does he suggest
an Increase la that direction. He simply
ignores the matter Washing
ton Post.
No president has ever delivered another
message affronting so large a share OF the
people. It's treatment OF the silver ques-
ton Will offend more than two-thirds OF
that party. and Its demand for the substi-
tuition OF bonds for greenbacks VIII affront
many democrats; while scarcely In any
respect Will the message satisfy the great
majority who elected more than two-thlrds
of the present house OF representatives.
NJ Y. Tribune.
III anything is absolutely certain Il would
seem 20 be that the credit OF no nation
whose income IL less than It's expenditures
can be permanently maintained. In fact
such condition involves not only the linz
pairment bat tho destruction OF credit.
The president II consequently wrong not
only I'm assuring that an Increase OF revenue
~ not requisite, but I'm not recommending
10 congress the way and means OF increas-
ing it-Philadelphia Public Ledger.
That portion Of the message relating to
our foreign AFFAIRS IN exceedingly well writ
ten. and seems TO cover what Is generally
desired. The rest OF the message Is freer
from the turbid platitudes that character
fzed former messages. His remedy for the
distress into which he and his party have
brought the country Is the retirement OF
the greenbacks. thereby destroying the
national banking system: avoidance OF the
free coinage OF silver, and the adoption OF
the single gold standard. These are In
admissible and childish proposals, as they
do not either stop imports or fll the treas
ury.-chandler. N. IA.
The message IL verbose, discursive.
evasive, and, as n whole disappointing
The president justly condemns the free sill
yer fallacy, but falls to acknowledge the
responsibility OF his administration. from
It's very beginning, for having given an
impulse 70 this fatal financial heresy. Ho
- probably right IN recommending the
permanent retirement OF the greenbacks,
but he II guilty OF a gross perveraion OF
truth and distortion or facts when he at
tributes the dolcful failure OF his own
policy to this form OF currcncy.--N. Y.
Mail.
Regarding finances. the paper is for tho
most part a somewhat tlresomc restate-
ment. and II wanting IN those striking
episrammatlc phrases which have been 50
frequently quoted from former messages
POSSIBLY In his argument for the retirement
and cancellation of United States green
backs and silver notes he II moro forciblc
thnn IN any former utterance, but this
phase OF his policy has been 30 often dis
cussed BY members OF his cabinet that 10
contains nothing new. Washington Times.
In two years and a half Mr. Clovelnnds
administration has run behind 20 the ex-