Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1895-02-08
MUST HAVE GOLD.
THE PRESIDENT WILL ACTlF CON-
GRESS DOES NOT.

THE PRESIDENT WILL ACTIF CON.
GRESS DOES NOT
The Plain Duty of Congress Under
the Circumstances.-Th Differen.
tial Duty on Sugar Will he AbOl-
ished The National board OF
Trade.
Regular Correspondence of the Standard.
WASHINGTON, d. c., Feb. l, 1896.
President Cleveland would much
prefer that Congress would pass bill
either in accordance with the recon-
mendations contained in this special
message, or with its own ideas of what
ought to be done to enable the govern
ment to redeem its promises to pay
when presented; but if Congress does
nothing, he does not propose to sit
idle and see the credit OF the govern
ment injured by the lack OF gold to re-
deem its notes. He has given Con-
gress last chance to act, but if such
leading members OF the Senate as Vest
and Sherman do not misjudge the
situation, the Senate is tied hand and
foot and cannot act, even if the House
passes the bill now before the commit
tee on Banking and Currency, which
proposes to carry the recommendations
of the President into effect. That be-
ing the case, it may be set down As
certain that President Cleveland and
Secretary Carlisle will act. They will
issue moro bonds to get the gold to re-
deem the greenbacks and Treasury
notes, under the specie resumption
act of 1875, and the President has said
that he would continue to issue bonds
as often as gold is required until Con-
sress relieves the situation by legisla-
ton. e'U
As President Cleveland and every
member OF the Cabinet understands
and CONSTITUTES the present laws, it is
no longer a question of whether one
favors the issue of bonds, but of getting
gold, which can only be cotton by
bonds. Whether Congress authorizes
an issue of bonds or not, bonds will be
issued. When Congress declines to
sanction the issue of bonds it is under
the circumstances the act of coward.
inasmuch as it is Sinking q re-
sponsibility that properly belongs to
Congress. Besides, Congress in provid-
ing for bonds could accompany it with
remedial legislation and put an end
to the gold raid upon the Treasury.
Chairman Wilson is confident that
the bill for the repeal of the dif!erential
duty on sugar from countries which
pay an export bounty, which passed
the House by the very decisive vote OF
2S9 to 81, will pass the Senate and be-
come law. His confidence is based
upon assurances given him by
Senators of all parties that they would
support the bill and help to push it
through the Senate.
The National Board OF Trade, which
held its twenty-fifth annual session,
in Washington, this week, unanimous
ly endorsed President Clevelands plan
for the relief of the Treasury, which is
embodied in the financial bill now be-
fore the House. This action is re-
garded as significant. If the National
Board OF Trade, which, like Congress,
is composed of men of different
political beliefs and from different Sec
tions of the country, can unanimously
agree, why cannot Congress do the
same. Congress is being deluged with
similar endorsements telegraphed by
organizations of business men in all
sections.
The drummers' BILL" allowing the
issue of 5000 mile interchangeable rail-
road tickets at reduced rates, now only
needs the Presidents signature to be.
come q law.
Postmaster General Bissell is the
latest Cabinet victim of the weekly
resignation rumor. Mr.. Bissell has
not and never had the slightest idea OF
resigning, and he is entirely at loss
to know why he should have been
selected by those who seem to be under
contract to report an impending re-
signation from the Cabinet Secretaries
Lamont and Herbert, have escaped
having their names coupled with an
alleged contemplated resignation.
Unless something which is at this
time entirely unexpected shall occur,
there is no probability that any men,
Der of the Cabinet will retire from Of
fee until the President does, on March
4, 1897.
There was little doubt of the final
result after the House adopted by a
vote of l32 to III the special order re-
port from the committee on Rules for
the consideration, and final vote on
the Reilly Pacific railroad funding
bill, but the debate was spirited and
occasionally better in the extreme,
and words we're uttered which left
wounds which will rankle for many q
day.
There is now every reason to be-
lieve that Secretary Gresham's very
proper effort to mediate between
Mexico and Guatemala will result in a
peaceful settlement of the dispute be-
tween those to nations, notwithstand-
ing sneers of that class OF Republicans
who would oppose the Lords prayer if
it emanated from the administration.
Speaker Crisp has resumed his
duties. He says he was greatly bene-
flied by his short rest.
The Howgate trial opened this week
but so far there has been no sensation.