Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1895-12-26

bill already adopted by the house OF
representatives empowering the presi-
dent to appoint a commission TO de-
termine the Vene7 elan-British Guiana
boundary.
The action was the elimination Of a
debate adding memorable page to
congressional history, 1t was day
notable for speeches by notable men.
The subject of war between the United
States and Great Britain was the pre-
yailing theme which fculd expression
in lofty patriotic sentiments, in stir
ring appeals for preparation and de-
Tense. in graphic portrayals of the hor-
rors of war, and at times in defiant
warnings to the people across the
water. AT all times during the hours
discussion the galleries were beseiged
by an eager crowd whose patriotic i'm
pulse found frequent expressions in
applause.
The most notable utterances OF the
day were those Of Sherman, Teller,
Mills. Lodge, Plat, Turpie, Chandler,
White. Caffrey, Call and Stewart, rep
resentlng three shades Of political
sentiment, and yet in the main uni
form In urging support of the presi-
dent and in vigorous assertions OF the
Monroe doctrine; and, II need be. any
action essential ~ maintain the ma
tional dignity.
There were strong expressions also
against the panic In American stocks
and securities which, 1t was said, the
London commercial houses were seek
ing to bring about. Throughout the
debate there was an undercurIent OF
feeling that, while the country would
not shrink from war, II 1t must come,
that such a calamity was not immi-
nent.
AT o'clock M. Morgan unexpect-
eddy withdrew his amendments to the
bill. leaving ii in its original form.
There was no demand for q roll call
rs the sentiment OF the senate was
clearly unit, and by a loud viva yoce
vote the bin was passed without a
dissenting vote.
The passage OF the bill was not how
ever, the only exciting event of the
day, for at $50 p. M, the president !
message, urging the gravity OF the
financial situation and calling on CON
gress not to adjourn for the holidays
until relief was afforded, was pre-
sented to the senate. Its reading was
followed with close attention, but the
senators were absorbed with the STIR
ring events Of the debate and adj
journed without immediate considera-
ton Of the message, The message was
rs follows
In my first annual message the evils
Of our present financial system were
plainly pointed out and the causes
and means for the depletion OF the
government gold explained. IL was
therein stated that after all efforts
had been made by the executive
branch OF the government TO protect
our gold reserve by the issuance OF
bonds amounting to more than $780,
coo, 900, such reserve then amounted to
but little more than $79.000,OO0; that
about $I6,000,000 had been withdrawn
from the reserve during the month
next previous to the date of that mes
sage and quite heavy Withdrawals for
shipment in the immediate future
were predicted. The contingency
then feared has reached us, and the
Withdrawals OF gold since the commu-
nication referred to and others that
appear inevitable threaten such a de-
pletion in our gold reserve as brings
US face to face with the necessity OF
further protection. This condition is
intensified by the prevalence in GER
tain quarters of sudden and unusual
apprehension and timidity in business
circles. We are in the midst of an
other season OF perplexity caused by
cur dangerous fatuous financial oper-
atoms. These may be expected 10 re-
cur with certainty as long as there is
no amendment in our financial sys-
tenn.
ask at he hands Of congress such
prompt aid as 1t alone has power 10
give to prevent in time of fear and APP
prehension any sacrifice OF the peo-
pies interest and the public funds or
the impairment or our public credit iii
the effort by executive action to re-
lieYe the danger OF our present cor
tingeucy
II IN this particular instance our
vredicament is at ian influenced by the
recent nsistence upon the position we
should occupy in oW relations TO GER
lin questions concerning our foreign
policy this furnishes L signal ana inn
pfessiye warning TO the patriotic sen
.sment OF our people OF an inadequate
substitute Tor a sound financial policy.
Qt course there can DO no doubt iii
any thoughtful mind Us TO the COM
plete solveney OF our nation nor can
there be any just apprehension That
fhe American people Will he sailshed
WITH lcss than the honest payment ot
chr puhue obligations III the reeos-
ai2ed money of the world We should
ret overlook the fact. however, that
the aronstl fear ii unreasanihg and
must he taken in,o account fiji mi ef-
tCrts TO avert public loss and saerifca