The Meeker herald., 1895-12-28
Ian URGENT APPEAL.
CLEVELAND SENDS ANOTHER
MESSAGE.
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Washington, d. c., Dec. 2O.-Presi-
dent Cleveland this afternoon, just be-
fore the adjournment Of the Senate,
submitted = special message bearing on
the financial situation. After the reading
Of the message the Senate Immediately
adjourned, with the explanation from
Mr.. Cockreh that 1t was q matter which
should be considered before any action
was taken.
Following IL the text Of the message:
ITO the ConGre8:-In my last annual
message the evils Of our present imam
cial system were plainly pointed on.
and the causes and means Of the deple-
ton Of government gold were explained
1t was therein stated that after all the
efforts that had been made by the execu-
tive branch Of the government to protect
our gold reserve by the issuance Of bonds
amounting to more than $lG2. 100000.
such reserve then amounted to but lit
tie more than $4,000. 900; that about
$4,000, 600 had been withdrawn from
ls"N" fScea vS ~--ias tho month next
previous to tile date of that message anu
quite large Withdrawals for shipment IN
the Immediate future were predicted.
1.-THE contingency then feared has
reached us and the withdrawal OF gold
since the communication referred to aud
others that appear inevitable threaten
such depletion in our government gold
reserve as brings US face to face with
the necessity of further action for It's
protection. This condition is intensifi ad
by the prevalence in certain quarters OF
sudden and unusual apprehension and
timidity in business circles.
I'VE are in the midst Of another sea-
son of perplex!ty. caused by our danger
Gus and fatuous financial operations.
These may be expected to recur with
certainty as long as there is no amend
ment in our financial system. II in this
particular instance our predicament IS
at all Influenced by a recent inslstence
upon the position we should occupy in
our relation to certain questions concern
ing our foreign policy, this furnishes
signal and Impressive warning that even
| the patriotic sentiment of our people is
not an adequate substitute for a sound
financial policy.
"Of course there can be no doubt in
any thoughtful mind as to the complete
solyency of our nation or can there De
any Just apprehension that the Ameri-
can people will be satisfied with less
than an honest payment Of our public
obligations in the recognized money OF
the world. We should not overlook the
| fact, however, that aroused fear Is un
reasoning and must be taken into &C
aaapt ia ~ etaEta g IA ASfEt lsR gaRlls s,ssT Ss;
ests.
1.-THE real and sensible cure for our re
curing troubles can only be effected by
q complete change in our financial
scheme. Pending that the executive
branch Of the government will not re
lax its efforts nor abandon Its determine
ton to use every means within Its reach
to maintain before the world American
credit, nor will there be any hesitation
In exhibiting its confidence In the re
sources of our country and the constan
patriotism Of our people
"In view, however, OF the peculiar sit
uation now confronting us, l have ven
tured to herein express the earnest hope
that the Congress. In default of the in
auguration OF better system OF finance
Will not take recess from its labors be
fore 1t has by legislative enactment >,
declaration done something, not only q
remind those apprehensive among ou
people that the resources Of this govern
ment and scrupulous regard for hor
est dealing affords sure guarantee of un
questioned safety and soundness but tc
reassure the world that, with these fac
tors and the patriotism of our citizens
the ability and determination Of our ma
ton to meet In any circumstances every
obligation 1t incurs do not admit of Ques
ton.
II ask at the hands Of Congress such
prompt aid as 1t alone has the power to
give. to prevent in a time of fear and ap
prehens!on. any sacrifice OF the peoples
interests and the public funds or the i'm
pairment Of our public credit in an effor,
by the executive action to relieve the
dangers of the present contingency.
"GROVER CLEVELAND,
Executive Mansion, Dec. 20, 1895. .
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