The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1895-12-28

TO the Legislative Branch Of shesGoyera-
ment For Aid to the COuntry's Finances
He Asks Congress to Postpone Its Hoii-
day Adjournment Until Remedial Legis-
lstiOni Is Enaeted-The Cause of the Crisis.
WASHINGTON, Dec. 21.-TEe Senate,
At 4:3O p. m, reopened its doors and
the following special message was re-
ceived from the president on the sub
ject of bonds:
To Fl CONGRESS: In my last annual mes
sage the evils Of our present financial system
we're plainly pointed out, and the causes and
measures OF the depletion OF government gold
were explained. II was therein stated that
after all the efforts that had been made by the
executive branch OF the government 10 protect
our gold reserve by the issuance OF bonds
amounting 20 more than ~sissOo.OO0. such re-
serve then amounted 10 little more than 2D.-
oO0!0OO; that about sIs.OO0.OO had been with
drawn from the reserve during the month pre-
yious to the date Of that message. and quite
large Withdrawals for shipment in the future
were predicted.
The contingency then feared has reached Us
and the Withdrawals OF gold since the COM
municatiOn referred TO and others that appear
inevitable, threaten such a depletion in our
government gold reserve as brings US face to
face with the necessity Of further action for
its protection. This condition i intensified by
AHN RACh 1ANAAC IA NGLd4 AuAI1GES Vi Nullcu
and unusual apprehension and timidity
in business circles. We are in the
midst Of another season OF perplexity
caused by our dangerous and fatuous financial
operations. These may be expected to recur
with certainty a. long as there is no amend
ment to our financial system. Fin this partic-
ualr instance our predicament is at all inhu-
enced by ! recent insiStence upon the position
We should occupy in our relations TO certain
questions concerning our foreign policy. this
furnishes q signal and impressive warming
that even the patriotic sentiment OF our people
is not an adequate substitute for q sound
financial policy.
OF course there can be no doubt in amp
thoughtful mind as to the Solvency OF our ma
tiOn. nor can there be any just apprehension
that the American 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. how-
ever. that aroused fear is unreasOning and
must be taken into account in all efforts TO
avert public loss and the sacrifice Of our peo-
Pies interests.
The real and sensible cure for our recurring
troubles can only be affected by a complete
Change in our financial scheme. Pending that
the executive branch OF the government will
not relax its efforts nor abandon is determine
ton TO use every means within its reach to
maintain before the world American credit.
Lp4 ~ AutLt DC any HCs4Ldllpu ID tAHADtlinS
Its confidence in the resources Of our country
and the constant patriotism OF our people. In
view. however, OF the peculiar situation now
OnfrOnting Us. Ihave ventured 10 herein ex-
press the earnest hope that the congress in de-
fault Of the inauguration OF a better system OF
finance viii not take a recess from its labors
before il has by legislative enactment or dec
l~arat!Gn done something not only to remind
those appTehensiye among our people that the
resources Of this government and a scTupGlOus
regard FOR honest dealing afford a sure guaran-
tee Of unqUeStiOned safety and sOundness. but
10 reassure the world that with these factors
and the patriotism Of our citizens the ability
and determination Of our nation to meet in
any circumstances every obligation it incurs
do not admit Of question.
/ ask AT the hands OF the congress such
prompt aid as IL alone has the power TO give to
prevent. in q time OF fear and apprehension,
any sacrifice Of the peoples's interests and the
public funds or the impairment OF our public
credit in an effort by executive action to re-
lieye the dangers Of the present emergency.
ROyER CLEVELAND.
Executive Mansion. Dec. %. lsg5.