The Portland daily press., 1895-01-29
An Urgent Appeal TO Congress to
Act.
POINTS WITH ALARM TO THE
WITHDRAWALS OF GOLD.

AIIowed to Deposit Bonds and Issue
Notes to their Face Valuation for Cir
cuIation.
Washington, January 2S.-The Presi-
dent sent to both houses of Congress to-
day message on the financial situation,
su bstantially withdrawing his support
from the plan outlined in the Carlisle
bill. and outlining the only policy which
seems to him possible to maintain the
gold reserve. The message was as fol-
lows:
To the Senate and House of Representa-
tives: 80
l. In nv last annual message I COM
mended to the serious consideration of
Congress the condition of our national
finances, and in connection with the
su bject endorsed the plan of currency
legislation which, at that time, seemed
to furnish protection against impending
danger. This plan has not been APP
proved by the Congress. In the mean
time the situation has SO changed, and
the emergency now appears SO threaten
ing,y that deem it my duty TO ask at
the hands of the legislative branch of
the government such prompt and effact-
i've action as will restore confidence in
our financial soundness and aver bus
mess disaster and universal distress
among our people.
WnaIeysr may nc pe o ,no ,oas.ooa a sna :.
piali 9ue s H. - az. ILL., ax;st;nm snd &c
romeuy loa s a. i,s III danIetinn of ths
Sai. I a~nu than IN The treasnry am
now convinced that it's reception by the
congress and our present advanced stage
of financial perplexity necessitates adj
oiSionai OF ain aas.es resno1,sib,s for
NO oIe ~ any oerr;on af nnr laws
Ine naa 4 fa;f "a sea natr;otic dntv in
Snouiu az " ;.sa.a1,,f 80 a,,,.t;n,s T. no
snonesstf anu si,1ation Manifestiy mis-
a@ns,s ;Il.,,ot sncceed unless il is nm
snore III I ~, tha indica ~ nartisa
shin tar and With = stsadfast determination
60 Iesis5 1Ao &c.,, ,aI1 ra,,a,,,
parry aux ~ 49, thieata a"S win an
per .: y. 49,: 80 ovarv
ahciai oiH ,;sa ua o.. 90, ona snreiy
sta1ioh oI ilo saa ou Iii ~ rana;ra thas
tnose VINO suu1 VIZ Inraras, s .s =, avon GO
plomu ",r.;t+ - n,,r nresent tronhles 10
IoI p clan . ~ 5;sastrans 'concInsion
IL y Aaso " w tba studv of he nroh-
Snac w applos a.n ~ frae as nossihIa iron,
iems pIesenoeue ,aac, oa;r.L o,;r;or -
". .Lo ~ .t.,t IN tho face of common
gne emu snas ~ ~ Sao ah1a 70 sssek nth IN.
oangel We ';s m"y 90 s.fa and rsasonahia nro.
u 1890
Se M +rouh1a which confronts ms
me req a. ..oL IanI of confidance wide.
conslsts ~ ia.M ;,oraasins in tha
spread anu c1i ;s;s Wy d;suos;t;ng ~ III
cons,nung - nav its ohiioations in
goysin ni.;I e confidenca arons t.
goIu. 1u.s " n,,t - The naInabia snd anar.
soIne 81 e,t ottand;no the effarts
e1t gu p".a a 49, nndar the ey;stino
Of Tug sea,'ra ,,n1d and 70 graatar
lam aa ~ ~ ~ the imnossiihIitv of either
extent onI Oh eIe . .apo,, oa ~
keeping II IN tns .ie ea p U aoei ftng
the opiisasioIs ~ As'
IL mas uesn as Iaft ono, IN tho ,ovarn-
Ihe Only way !ol. opII =; w the ;ss,1.
mens ~, p.o I1nitasa sStatas bonds The
anu sado a.. tSat oan he 90 issnad ware
only ponus Snas 90" OK vsars aao ond are
auenosi1ou ' hs1 80 Meet onr nresent
nn6 VII As ua,u athar Jisadyantaoasl thew
are nauGL pay 4, fba eY;st-
speclncsSn;y - 9a.,ants I.raa,v and1;s,
ing conua1iuns. 10 fron, thairs .desirab hill
an inc!sas ast s' III ;s' hralnn means
! Ivy as iny s4 sanS. - 'tbis -dascr;ntion
cereain S L'sr 10 disnnsed If 81 q
Gun mao I;t III * tic IN ii charac-
price creu lsa Dao =, :, ~
mn -.or4 doncoro,1o, ~, RI irrita tino
Inc nnes. a;s.sat;o,, sah a,ravar ra.
feature OF tne sisuas,ol' 10 y -
mans 20 ue I y; ny ,,,aans IL wbich tbe
IL Is louhu ~ suo 20 +h .aId +bns
treasury Is oesPoleo VI liz soi' s;a.ie
obtained wlGnout canoeinns sihs sds
government opIiga'ion, aH ~ soiuaS l "
the oenent OF lnose wiz nna paum' ~
Shipping IL aoloau, - - ~ w nogeo va hare
duce them 70 noalu s ~ a. nom ,;,i Law
OUTSTANDING apoue fx w. n uannrnant foS
| OF currency no.es - ono "a LIZ ~, ul
whien golo may 9 th ao iam re1,; %ns' tbat
rlously enough inc ;n fa"t rodeo rnas
wnen prssene eI 1a a thav - shall be reissnad
anu pa,a III Eoiu, tmy y,av AZ Gntv naanv
mus ;ne sam9 moe oo1d from the treasury
oimes ~ AZ Ila arnnsa s he arrssted az long
nor can IN .no a p,Iee for nroft or other
| as prisaSe pa. S S,1, II ranast;no the
Wise, see al ~ No. thon sson ooo mn in
opera.iou. 1readv hesn re1eemad
tnese 1oees uas 1890 a st.nS;na sn"h ra.
IN eoio, anu no Wv stiII o,tstasnd;na
denpGlon my ,H.h ara Sa SUI - :emmarv 1904
olnce snS ,at.aas+ haor;nn deht no.
our uonuou e,no 600 900 tar tba nv
Deeh lsc[easeu Sloo,y Id an,.nish o,,r
pose Oh opoain ~ CIV W. ,,.ra 80
coin reserse. sstu ,;i1;nrs aaoh aa -,
amounting " uLoJ l,is 49,