The western sentinel. [volume] (Winston-Salem, N.C.) 1887-1926, 1895-12-12
THE PRESIDENTS VIEWS.
HIS MESSAGE SUBMITTED TO
BOTH HOUSES OF CONGRESS.
1t is Lengthy Document and Deals
Principally with Our Foreiga Re-
lations and the Financial Ques.
tion-An Epitome of It.

lations and the Financial Ques.
tion-An Epitome Of 1t.
The Presidents message, which was
submitted to Congress yesterday, is
quite a lengthy document, and deals
principally with our foreign relations
| and the financial question. From an
| epitome Of the message in today's
! Richmond Dispatch we give the fol-
| lowing:
The Pesident applauds Chile for re-
sumlng specie payments. He touches
| upon China and Japan, which have
| caused him great anxiety. The read
iness and ability Of our government to
protect the missionaries and secure
the punishment of the offenders will
prevent further outrages.
The customary cordial relations be-
tween this country and France have
oeen undlsturDed, except in the Wal
ler case. France Is in favor Of the
arbitration of disputed and knotty
troubles. She has invited the United
States to participate in the great In
ternational Exposition at Paris in
1900, and the President recommends
that the invitation be accepted Our
relations with Great Britain are un-
usually important The seals and
questions concerning them, come in
for notice.
When he gets to Germany, the
President gives US some of the argu
ments against protective tariff.
Protection has grown in that country.
Like the United States, it has, he
thinks, adopted theories. The Alaska
boundary Is mentioned.
When he comes to the Venezula
question, the President says:
The traditional and established
policy of this government is firmly
opposed to forcible increase by any
sessions Cd this continent"
This declaration he emphasizes and
repeats in other words.
He is emphatically of the opinion
that England ought not to resort to
arms to enforce her demands upon
VeneZula-a much weaker power-but
should submit the question IN it's en-
tirety to arbitration He ridicules the
idea las far as he may do so with dig
nifty and decorum) of England draw
ing line through the map OF Vene
zuela, and saying this part of The
question we will arbitrate; this part
we will not arbitrate. He thinks
England should arbitrate the entire
dispute
The Hawaiian matter comes In for
proper notice.
The President recommends that our
government provide official residences
for American ambassadors and for
eign ministers.
The President puffs Japan. He says
the United States was the first coun-
try to recognize her wonderful ad-
vance. Here Nicaragda da is Incidental
ly mentioned.
The Cars coronation the President
mentions He has instructed the
United States Minister to Russia to
do what is proper in the premises.
The President says that however
much we may sympathiZe with the
people of Cuba, we must observe our
treaty relations with Spain.
No effort has been spared to make
Turkey do justice to the Christians in
Armenia. The Ottoman Government
has forever exempted an American
college for girls from taxation. No
lives Of American citizens have been
sacrificed.
Consular reform the President
treats as subject worthy Of much
study.
The President now turns from the
consideration of all these foreign mat
ters and approaches subject of
uouCSUiC COuCcIu. WulCl, uc says, Is
more important than any other which
can engage the attention Of our peO
ple-namely, the financial question,
and 1--WE presume) the tariff question
The President styles protection
"enervating paternalism." This
phrase Is a taking one. 1t will live a
long time upon peoples tongues.
About half OF his long message is
devoted to financial questions He
gives a good deal of history in this
connection. We cannot say that he
presents any new arguments, but we
may say that he handles the old ones
with marked ability. He tells how
he has managed to keep gold and
silver at parity. He advocates the
retiring of the greenbacks of United
States notes. How? BY exchanging
United States bonds, bearing a low
rate Of interest, for bonds of large as
well as of small denominations.
Mr.. Cleveland, Indirectly hints that
he believes tnat the free coinage of
silver at Is to might be accomplish
ed If the leading commercial nations
of the world would unite in an effort
in that behalf. Here are his words:
"Sound financial standing is based
upon gold alone. 1t is not within the
nation"
On the third-term question the
President makes no deliverance.
Railroads and Cotton Mills.
Special reports to the Baltimore
MannfactnrorS3 Roc6rd ShnU that