The Superior times. [volume] (Superior, Wis.) 1870-1912, 1895-12-07

whatever the sympathes of our citizens
may be. He continues: Though nei-
thcr the warmth OF our peoples sy1niia-
thy with Cuban insurgents nor our loss
or material damage consequent upon the
futile cndcavOrS that have thus far been
made to restore peace and order. nor any
shock oiIr humane ScmSihiliticS may have
received from the cruelticS which aD-
pear To have especially chara cteriZcd this
Sangulnary and herccly conducted war
have in the least shaken the dctrrmina-
tlon of the government to honestly fulfill
every international obligation, Vet il is t.
bc honestly hoped on every ground that
the devastation of armed conflict may
speedily be stayed and order and quiet
restored to the devastated island. bring
ing in their train the activity and thrift
ut peaceful pursuits. The -Allianca in
cidcnt and Spain's diSavowal of it and
assurances of Il noH-rccUrrcucc of similar
interference are stated.
he Turkish outra-es.
The President then expresses his re
gret that the Turkish government should
lave thWarted the purpose to send 10
that disturbed quarter of the empire the
nited States consul at Sivas in order
to investigate and report. Every effort
he says. Is being put forth to insure the
safety of American residents. and the
nited States minister IS alert But, 4"
goes on. several of the most poWe~f'3
European powers have assumed a duty
5 agents of the Christian world in Tur-
key to restrain fanatical brutality. and
it is earnestly hoped that prompt and cf-
fectivp action on their part Will not Ec
delayed
The message recommends at length an
Improvement i'll the consular service hy
some plan of appointment and control
The Financial situation.
Fully half the message is devoted to
thc financial situation. by command of
the people. the message says. IA Gus
'omS revenue system designed for the
protection and benefit of favored classes
It the expense of the great mass of our
.puntrymvn. and which. while in effect
or the purpose of revenue. cUrtailcd our
relations and imp"dcd our entrance to
the markets of the world has been super
:eded by tariff policy which in prin-
.iplc Is based upon Il denial of the right
# the government to ohStrUrt the ave
IurS t. orr cheap living or lessen their
.umfort and coutcntmcnt for the sake of
according especial advantages to ia
,oritcS. and which, Will" encouraging
pur intercourse and trade with other
latiun~. recognizes the fact that Amrri-
an sylf-rcIianrc. thrift and ingenuity
,uiII up our country'S industry and de
Fclop its resources more surely than
'ncrvatinS 0atCrualiSm.
But this and the repeal of the silver
purchase law. IL * said. fall far short
If curing the financial evils from which
y" suffer. y lengthy review follows Of
he growth of our currency and par
ticUlarly the United States notes and
'rcaSUry notes. and the consequent end
csS drain on the gold reserve of the
treasury.
The President states that among the
-aU~CS for this constant and uniform
5hripka@c in this fund may hc mentioned
! great falling off Of cNDortS under the
operation of tn" tariff law until recently
IA force. which cripDlcd our exchange
with foreign nations and n"CcSSitatcd to
some extent the payment of our balances
IN gold. the unnatural infusion of silver
INTO our currency. and the increasing
l@itatiou from lis free and unlimited
'oina-r, which have created apprchru-
si"u as to oHr disposition or ability to
make gold payments The consequent
.hortagc of gold at hom" and the stop
Ding of investments of foreign capital
is we'll IL the return of uur securities
ilr"ady sold abroad. and the high rate
# foreign exchange. which induced the
.hipment of our gold to hc drawn
lGajnst. as a matter of speculation.
The Rond syndicate.
The history of various bond transac-
lions which had to he rcsortcd to in
- ~ '' - '''' ~ N>'''' ~ ''' -
rcIhNTd an" me subsequent iaEIh2N on
pointed "Ht. 'f 'tG i3St transaction
WI, Mi1h 'It y h'IIr"'' ,Ht l reNi"vIll NaHN.
ne I'Ii"FiiaH'' "i 'ulN cont lrl'i n"l
"HII ftN'"I,h hIl 'nrch'Ei lof Il nm" the
NitAGfa NaIN "i &n.a ana drought on
period - restored rohiI,iclirr anu Such
i"aCc ana puI"t III BUSINESS circles rs
were OF tn" greatest possible V;lu" I" eN,
'lH interest that AFFECT our people:
'aNc never nad lhc NilGhIrNi mlNGINh&
'nuccriln& III" wisdom or pr"pr,gtE OF
ms arrangement ana am quite wiling 10
uSW"r Tor my full Nhaf" "f RESPONSE
alitN tor ItH pf"Hotioh. u"Ii"N" II
!Nertrd = UlNaNl"f, IN" 'Ihl'ilIH'" "l
winch WHS fortunately MOI az IN" 'lhlt
generally known T." our people.
" T. are now, ihr lfGSIi"ht SAYS hCarIE
where We started ana h'drlH an "i 'h'
gold Wilh!faWh mas h1th paII OUT Oh
l nltei STATES H"'TS' NIHcu sun rvIialI
IncancrIl'N. me lrcSidrIt SAYS. an
unvlucrd the only tnoTou@h ana lfa'I-
al remedy for our troubles Is found IN
he retirement and caHc%Hat"l 81 hii"1
States notes. commonly raiI"ti green
backs. and TN" outstanding treasury
notes iS~ucd by the government IN pay
mcnt of silver purchases under the act
of 1890"
Retiring Treasury Notes
H.. IL tn, ,.X-