The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-01-08
81 sxrsA LESION rossrsIx

IN EXTRA SESSION rOssTsLK
There II considerable Discussion ~
the national capital over she probabEl-
ifies of an extra session OF congress-
The opinioa obtains among many that
Ia the event OF failure b. the present
congress 70 enact any currency teEis-
iatian, the president would forthwith
convene the next congress In extra ses-
son. and by special message comHss 70
II the solution Of che vexed problem.
This would al once place upon the Re
pubsican party the responsibility OF In
stttuting some method whereby public
confidence may be restored. the busd-
ness OF the country returned 10 IT. ac-
cussomed channels and inspired with
somewhat OF its former energy.
An attempt to indicate what. in Such
event. would be the policy OF the major
ity 10 obviously premature. No intima-
tion has s,een made BY Republican lead
ers 10 either brarch OF congress upon
which a safe prediction can be based.
Thus far the policy outlined at the be-
ginning OF the sesion--tfat OF month";
teryenfion uniess absolutely requisite
20 dessat legislation deemed prejudiciai
or disastrous--4aas been steadily adj
hered 70. No affirmative suggestions or
acts have proceeded from the Republic
m side In either the house or senate.
The Democratic party has ben left to
work out its owf saivation-or destruc-
tion--without aid or hIndrance.
Brt with the end OF the present ses-
sion and the assembling Of the next
congres there must come a radical
change. Instead OF being silent critics
a. at present. or active opponents as
during The previous session. the Re
publican majority must become the or
iginator and responsible force In nee
essary legislation. II viii be most
difficult position. one besst with for
midaSie obstacles. Eotthe ieastef these
is the divided sentiment OF the party
upon the question OF bimetallism. or
to be more exact. the restoration OF
silver IS money Of ultimate redemp-
ton. There are naany shades OF opin-
ion upon this subject A small minority
believe In q single gold standard. An
other and much more numerous class
favor the use of both gold and silver
as standard money. but fearing the In
ability Of this government acting singiy
90 successfully maintain the parity OF
the two metals. advocate as an essen
~ .saf% lax uta4 tss,. 1>x~
country. an alliance with European na-
lions By means OF an International
agreement A third class, also quite
numerous. favor free coinage OF the sill
veg product OF mines in the United
States and the exclusion OF foreign
coins or bullion from the mints This
Is the Republican platform In this state.
The fourth class demand and strenu-
ousiy urge the re-enactment OF the COIN
age law OF 1857. under which free coin
age II both metals at the ratio or Is to
I was authorized.
The task OF reeoneshng these varied
and as TO the two extremes-gold mono
metaliism and unlimited free silver
t%tt*<3%t ky}ftcttE tt%aFs t*<& WA n "a
evolving a policy and legislation which
shall command the support OF a goodly
majority OF the party IL TO be met and
performed. Some action Is demanded.
II must be taken if the Republican
party is 10 keep faith with the people.
II must be satisfactory and successful
in operation IL the party Is 10 be in
trusted with full control OF the govern
snent Only in enc way can this bur-
den uf responsibility be shifted. that Is
BY the refusal OF the president to sane
ton legislation presented for his ap-
prevail.
There does not appear To be any per-
ernptory pubic demand Tor retirement
OF the legal tender issues nor for radi-
cal interference with the present ma
tloaai bank system. The efforts made
10 demonstrate the impossihsilty or re-
tanning reserve fund adequate for
currency redemption have called at
tcntien 70 two facts. First. that the
option of she government has never
been exercised in rrntectlon OF ats gold
reserve. and. second. that the fund has
been depicted to pay the ordinary ex-
pensss Of the government. in default at
sufficient revenue. Were the Rapuhil-
can party in fun control measures fer
supplying the deficiency wcaid be
YrosnEsiy taken. but with an executive
holding the views expressed BY Mr..
Cleveland II n Probably hopeless 20 ex-
rect approval Of any legislation where
by more revenue might be derived.
While q is trae that interest In the
tariff has been succeeded by discussion
cf the currency question. Ii is also true
tAaa both are very closely related. The
country cannot avoid running IN debt
IL the revenues arr insufficient 20 meet
expenditures and sll deficit must be
borrowed Whenever. therefore. as at
nresegt the tarsg Law proves inefficient
ard there IL no syaiiahle surplus on
hand. reecarss mast b. had 10 bead
sales. tarough which Indirectly the ralss
reserve is made TO furnish currency Cor
ordinary expenses This condition
win confront the Republican congress
when Il assemblies. as II new does as
neasecfatse predecessor,
ss.s4zas - Ia &c sess-.sases. A.