The Lamar register., 1895-02-02

- senate anu HOUSE OF hepre-
rniires;
rs last annual message l com
~ TO the serious consideration Of
~ the condition OF our national
-, and In connection with th.
~ iniorscd the plan OF currency
tiiaa which at that time seemed
Er-uish protection against impend.
tan.gr This plan has not been ap-
ri by the congress In the mean
y. situation has 80 changed that
ererscncy now appears so threat.
that I deem II my duty to ask nt
Aaeis 0f the legislative branch OF
.greFnment such prompt and effect
trs1z a. VIII restore confidence In
sz1nciai soundncss and avert busi.
ii,asttr and universal distress
* our people- Whatever may b.
zsrit. Of the plan outlined In my
-al mesSasc as a remedy for Ills
,ts.. and as a safeguard against
3Fietian uf the gold reserve. then
b. trasury. | am now convinced
r. rg,pptiou by the congress AMI
Tu~'ut advsnc,sd stage Of financial
fJetify necSSitafe-s additional or
Fcni lesislatiOn. With natural r.
rr-, unlimited In variety and pro
rife strength. and win a people
- ACTIVITY and enfrrIiris.a seek only
~ opportunity 10 achieve national
fss-s and greatness. our progress
~ 90, b. checked by falls. lnan-
= roiicy and a hce,ils~s disregard %
- Monetary laws. nor should the
ii,y and fear which they cngender
|zt n ths way of our prosperity.
~ Is hardly disputed that the PR
Bzzaaf cGufronts Is 10 day. Tal.e-
p ~ one Ia any degree responsible
Z Ne making and execution OF our
lrs ssouid fall TO see a patriotic duty
a1ssily and sincerely attempting 20
lfsFe the situation. Nanifcstly this
F<1 vii not suec,xs.l unless II Il made
eszmmsied by the prejudice OF par
|z1saip and with n sreahfa-t deter
I2iil1a ~ resist the temptation TO ac-
'Fs scch party advantage. We may
~ rviHember that II We are affected
G financial difficulties all our p--D-
: p all stations OF life arc concern-
!. and surely those who suffer will
< rr!vc the promotion OF party in
rfsis as an excuse for permitting our
's--ai troubles TO advance To n
s1s'rous conclusion IL Is also OF the
-nst Importance thai we approach
: s,ldy of the problems presented as
p a. possible from the tyranny af
eooaceived opinions TO the end that
0mmon danger we may BE- able 10
= with unclouded vision n safe and
ssln1blc protection.
III real trouble which confronts Us
asssis In a lack OF confidence. wide
rad and constantly increasing In the
aanuinr ability or disposition OF the
tsfnmrnt to pay Its oblisations Ia
u This lack Of confidence grows to
r extent out OF the palpable and
iarent embarrassments attending
government under existing laws 10
'Sure gold. and to greater extent
of the impossibiiity of either keep
II In the treasury or cancelling obli-
ions by it's expenditure after II Is
,alned.
The only way left open TO the gov
iment OF procuring gold Is by the is
and sale OF bonds The only bonds
Il can be issued We're authorized
'fly twenty-five years ago and are
Vel calculated to meet our present
-ls Among other disadvantages
y are made payable in coin instead
SPECIFICALLY in gold. which In exist
conditions detracts largely and IN
increasing ratio from their desirable
as Investments. IL Is by no means
tain that bonds OF this description
much longer be disposed OF at a
% creditable to the financial charae-
OF our government. The most dan
oous and irritating feature OF the sit
ion' however. remains to be men
ied' II is found In the means cy
zen the treasury is despoIled of the
thus obtained without cancelling a