The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1895-12-04
PRESIDENTS MESSAGE
aREEHBAoEssHo BE RETIRED

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$50.
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at . Low Rate of Interest-Free Coin
axc Of silver vigofoasIy Denounced.
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WAsHIyGToN, Dec. 4.--The presidents
message was transmitted to congress yes
terday. If Is d document, of nearly 1900
words, and deals mainly with questions Of
finance. The message is In substance az
follows;
Speaking Of our relations with France,
the president says they continue cordial,
with tho exception that a full explanar
tion of the treatment Of John L. Waller
by the expcditionary military authorities-
OF France still remains to be given. 1t 10
confidently expected that some satisfactory
solution Of the matter will shortly be
reached =
Regarding Great Britain's Behring sea
claims the president says: 1.-THE under-
standing by which the United States was
to pay, and Great Britain to receive, o
lulnp sum of s425 600 in full settlement Of
all British claims for damages arising
from our seizure Of British sealing vessels
unauthorized under the award of the Paris
tribunal OF arbitration, was not confirmed
BY the last cbngress which declined to
make the necessary appropriation am
stili of the opinion that this arrangement
was a indjeio,,s and advantageous one for
the government, and 1 earnestly reconi-
mend that ii be- again considered niid
sanctioned. II. however, this docs not
meet with the fnyur Of congress- it GER
tainly win hardly dissent from arbitration
as the only other alternative. Al treaty Of
arbitration has therefore been agreed upon,
and WIN be Immediately laid before the
senate. go that in one Of the modes sug-
onsted a Anal settlernent'rn may be reached:
This government,s mart in the boundary
dispute between Great Britain and Vene-
zt,elr Il touehed upon M follows: Last
Jnlc 4 dispatch was addressed TO our mn
,Lassador at London for communication to
tha British government in which the ntti-
tu,e ~ the Tinted States was fully and
,ftstIncflv cot forth Tho GENERAL couclu-
sions therc;n reached and Formulated are
IN substance that the traditional and es-
tablisbed nolicv ~ fhis government il
fjrn,Iv onnnsed To n forcIble Increase by
nny Eureoean mower OF It's territorial pos
sessions on this continent; that this policy
a rs wen -founded in pfIncipic rs it Is
strongly supported by numerous prece-
dants. 3bat ~ n CONSEQUENCE the IJnited
states IL bound to protest against the en-
Iarye,,,e,,t ~ the area If British Guiana In
derne ation of the rights and against the
viii Fl Venezuela: that. considering the
dis,r,rit.v In strength Of Great Britain and
! Venezuela the territorial dispute between
them can be reasonably settled only by
friendly and impartial arbitration. THE an
| swer of tho British government has not yet
| been received but it is expeoted shortly"
II legislation can reach "the vicious
| padrone system" OF controlling immf-
| grants, the president says it should be at
| tempted
Concerning Cuba, the president says:
Whatever may be the traditional SYM
pathy of chr countrymon US individuals
| with u people who seem to BIO struggling
| for larger autonomy and greater freedom,
| deepened as such sympathy naturally
| must be In behalf of our neighbors, yet
the plain duty of their government is to
| observe in good faith the recognized obli-
| cations of international relationship.
| Touching upon the troubles In Turkey,
| the message declares that no efforts have
been spared In the behalf of Americans in
| the Ottoman empire, and their protection
in person md property has been earnestly
and vigorously enforced by every means
| in our power.
Reform In the consular service is re-
viewed and legislation is asked for provid-
ing for consular inspection; and the presi-
dent also recommends that our represent
atiyes at foreign courts be provided by the
| government with official residences
| The Nations Finances.
Turning from his review of our foreign
rai,tians tha ,rosi,,ent t,,kes nm the M
t5onal fIpaprial situation He saws that
tho snnnlanting of tbe MCKINLEY Inv the
| vuilsor tar,ff and the reneal of Tho com.
nnisorv silver n,rcbasinp act. while i'm.
! p ente,,t ,,,d banefieant ,fan for #short of
a,,r;,,,, tbe ,nonetarv evils from which x7e
snfgar ae a result 81 lonp indul0enee in
an ad,;sod f,nancial exnedienta u
Tbe president then enters upon a lenotbv
rayia.v az the conntrv,s recent financial
historv with narticulor attention To the
aif,io,,lt,, tI,at bos hoen eyncrien,ed in
j I-aarira ,be ,ro,d rasorve above tbe DANCER
| - ~ so,,s tb,t ,inftor ;pcraasin, ~ e,,r
| ;ntarcst hearing bondefi Indebtedness mora
49,, s,ee onn oaa 10 aax,n n,,r GOLD resarve
,,,a ar. ,,aayiy ,vhcre xye etarted bnyine,
.,,,,, Il, e,,cl, rasarve s7o saa oes ai no,ainst
sas aae an in Fehrnnry 1891 when the
tirst ho,,Js WOW, issii,d
The asse,etnyv Of the treaanrv renorts
.hat sfra,n Ian, 1870 IN Jnlv IA 1soo !
rarod ~ ,,ore thnn eleven years only n
iittic over as. 900 090 was withdrawn. and
that hat1vaen J,1tv fl 1san tho data of the
passage of the law for .tn increased pur-
chase of silver, and Dec /, 1895, or within
less than five and half years. there was
withdrawn nearly 1876 ,D0o, 0oo making q
total of moro than Sao3. 900 600 drawn from
the treasury in gold since Jan /, 1879, the
date fixed In 1875 for tho retirement of the
United States notes.
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