New-York tribune., 1895-12-18
COMMENT ON 1T HERE.
GENERAL. ENDORSEMENT OF THE PRESl
DENTS VIEWS.
REPRESENTATIVE CITIZENS TALK-MR DEPhN
THINKS IT MEANS MR.. cLEVELAND's

was given him. the Mayor said:
Good, That's the talk that the peop.e Will SUD-
scribe to-"
CORPORATION Counsel Scott said:
",rhe message will stir every patriotic heart. The
President Is right, and the people VIII stand by
him"
President CIevelands message was not received
with any great surprise in the drygoods district
When Cornelius n. Bliss was asked about IL ne
said: IL have been busy that l have not mad
time to study the question: and l think that had
better say nothing until can discover just what
President Cleveland means and what he wishes TO
be done
A. D. JuIiard said: Il don't take much stock in
his warlke talk, although have not read the mes
sage and only speak from hearsay. l don't think
that there is much danger OF war, and am not
afraid that anything serious will be the outcome OF
the message"
James r. Keene in speaking OF the message,
spoke from the viewpoint Of business man. lie
said: president Cleveland has the happy faculty
of doing the right thing in the wrong place He has
blundered again in this affair. Just at the present
time the gold reserve is being rapidly depleted and
there is much TAX OF another bond issue. Behind
closed doors and in the Cabinet BOND issue Is
being talked OF. Now. just at this crucial moment
President Cleveland comes 20 the front with war
scare. The result will be to have our securities
held abroad returned In large numbers This vii.
cause another and heavy drain upon the gold re-
serve. Then another bond issue will be inevitable
When the bonds are issued, the talk OF a war VIII
make the European investors chary of taking
American bonds. and the result viii be that the
bonds will have to be taken up by the home bankers
and the loca fnanciers There is no telling whether
the god reserve be kept intact or not AS 1t
sinks lower. however, each step downward gives the
silver inen a better opportunity. Just at the time
when the balance wayer,ng and might iall
upon the side OF prosperity irstoad of depression,
President Cleveland comes to the front with
bugaboo measure that is threatening TO the return
OF prosperity and may reverse matters so that
business depression will be greater than ever"
Chauncey NJ Depew said: THE position in which
President Cleveland leaves this matter makes 1t one
of the serious affairs that have happened in
the history OF this Government since the Civil
War. 1t is grave thing contemplate war
with England and yet this Is what the message
suggestc. There Is doubt that the message
is surprise to all. The Interpretation that Presi-
dent Cleveland has placed upon the Monroe Doc
trne Is thoroughly In sympathy with American
ideas. He has promulgated the doctrine in no un
certain tones and he is bound TO be supported.
President Cleveland has struck the popular chord
In this matter. He asks for the appointment OF
commission 10 determine the boundary lines and
then suggests that by all means the finding Of this
commission must be uphold.
lone thing that strikes in connection with this
matter is the marvellous manner in which Provi-
dence has worked together to bring this to the
front since his remarkable entrance into public
life. He is certainly man OF destiny Even the
appointment OF a commission and their work upon
the boundary dispute will take some time. 1t will
take at least year for them TO act and that leaves
Cleveland on horseback for 1896 | nomina ted him
for the Presidency months ago. because l
thought he the weakest man in the party. To-
night afraid that made grievous error
he has gone to the front with remarkable bounds.
1T is strange the way this man makes issues and
then subordinates his party and makes himself the
dominant factor in the issue Nothing stop him
for 1896. He Is the Democratic party. He
earned, by the way in which he quel.ed the riots in
Chicago and stamped out the free-slver craze. the
support OF the solid element of the country. BY his
message to-day he has by sweep of the hand
brought to his feet the jlngos that fought him. and
made them his friends by going step further than
they anticipated in the internationa dispute
! do not for a moment think that we will have
war with England. England could not afford to
fight us, and could not afford to fight England
In the first place. If should fight England
securities would come home with rush. and
financial panic would follow that would dwarf every
other financial panic that we have ever had. Then
the destruction of life and property and the de-
probation Of value of property would be meal
culabe. There is not a seaboard city. / see
from data furnished me by experts. that could not
be bombarded and practically destroyed by hostile
fleets that visited this country. That is what we
would suffer, but England has much more to lose.
with the gunboats that we have, and with what
could acquire with our wealth, We could sweep
Englands commerce from the We Of course
would take Canada, and would also involve all
Europe in the war so that England would lose
land on every hand England may not arbitrate
with Venezuela, but she will arbitrae with the
United States. The question to be arbitrated will
be the Monroe Doctrine. Then the question arises:
VIII the United States allow the Monroe Doctrine
to be torn to pieces, In a congress of nations, In
order to incorporate such parts OF it as the con-
gress may fit into the great code OF interna-
tional law? That is where 1t will drift TO. The
Monroe Doctrine will be the question at issue. 1t
has been interpreted by Cleveland TO suit the
popular American fancy, and he VIII be supported.
He has 'out-jngoed' the Jngo' and he has
the admiration and support OF all classes
Nobody seemed to believe that a war was actually
to be the outcome OF the message. When II. G.
Du Val asked what he thought Of the matter
ne sail II know 1t has knocked stocks in Wall
Street When the message came in unoaded my
stocks There is nothing in this so. far that
of The Only thing il that Lord Salisbury may
take President Cleveland at his word about force
and send back curt and defiant answer, and then
1t will be time to clean your muskets.'
Irrespective Of political affiliations. members of
the financial community yesterday almost without
exception, indorsed the sentiments contained in
President Cleveland's message to Congress on the
Venezuelan question. Following are some express
Edward o. Leech. vice.presldent OF the National
hon I'M Bank ana @ or tms %
ton Of his superb courage and patriotism. What
ever else may be said of him. he never fails to
speak what he believes to be true and TO speak in
words whose meaning cannot be misunderstood
The brave ringing words OF this message will find
an echo In the heart of every true patriot They
will probably be sneered at by the English Tories
and their representatives In New-York Journalism,
but believe the thoughtful, peace-iovng. business
sentiment of people Will sustain the position
which he has taken. While every sensible citizen
would lament any serious trouble with England
growing out Of South american issues. the great
abject surrender of the principles first enunciated
by President Monroe, and which believe neces-
siry for the preservation OF democratic government
on this continent
Edmund D. Randolph. president OF the Conti-
mental National Bank-I believe in the Monroe Doc
RandeI, Baremore & Billings,