The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-12-21

plainly pointed out and the causes and
means OF the depletion OF government
gold We're explained, II was therein
stated that after all the efforts that had
been made by tho executive branch OK
tho government 10 protect our gold re-
serve by the issuance OF bonds amount
ing TO more than tl62,0O0OOQ, such re-
serve then amounted TO but little more
than Ts0O0,000; that about Sl6,OOOOOO
had beon Withdrawn from such reserve
during the month next previous TO the
date OF that message, and quite large
Withdrawals for shipment IN the I'M
mediate future were predicted,
The contingency then feared has
reached us, and the Withdrawals OF gold
since the communication referred TO-
and others that appear Inevitable
threaten such depletion In our gov
eTnment gold reserve as brings US face
10 face with the necessity OF further
action for It's protection. This condi-
tlon is intensified by the prevalence In
certain quarters Of sudden and unusual
apprehension and tlmldlty In business
circles.
We are in the midst 0f another season
OF perplexity caused by our dangerous
and fatuous financial operations THESE
may be expected TO recur with certain
ty Rs long as there Is no amendment IN
our financial system. II In TINS partlc.
ular instance our predicament Is at all
influenced by q recent lnsistence upon
the position we should occupy In our
relation 20 certain questions concern
ing our foreign policy, this furnishes
signal and impressive warning that
even the patriotic sentiment OF our peo-
pie Is not an adequate substitute Tor
sound financial policy
The Nation sOiVenL
otNcourse there can be no doubt In
any thoughtful mind as to complete
solvency of our nation, nor can there
be any Just apprehension that the
American people win 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 arous-
ed fear Is unreasoning and must be
taken Into account In all efforts 10
avert public loss and the sacrifice OF
our peoples interests.
The real and sensible cure for our re.
curing troubles can only be erected
by a complete change In our financial
scheme. Pending that the executive
branch OF the government Will not re-
lax It's efforts nor abandon its deterInl-
nation to use every means within its
reach 10 maintain before the world
American credit, nor will there be any
hesitation In exhibiting Its confidence
in the resources OF our country and tho
constant patriotism OF our people.
In view, however, OF the peculiar sit
uation now confronting US. have VEN
tured 10 herein express the earnest
hope that the Congress, In default OF the
inauguration of a better system OF
finance, will not take recess from us
lnbors before It has by Legislative en-
actment or declaration done something
not only 10 remind those RpprehensiVe
among our people that the resources
OF this government and scrupulous
regard for honest dealing AFFORD a sure
guarantee of unQuestioned safety and
soundneSs, but to reRssure the world
that with these factors and the patriot
ism Of our citizens the ability and de-
termination OF our nation TO meet In
any circumstances every obligation II
incura do not admit of questioning.
] aAk at the hands OF Congress such
prompt aid as II alone has the power
TO give 10 prevent In time OF fear and
apprehension any sacrifice of the .peo-
pie's interests and the public funds or
the impairment OF our pubic credit In
an effort by executive action 10 relieve
the dangers OF the present emergency.
(Signed.) GROVER CLEVELAND