Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-09-28
Some Problems That Will Confront
the President.
SPECULATION as TO His MESSAGE
The Financial Situation and the
Real Necessity for Bonds.
AN EMBARRASSING MEMORY

It is expected that President Cleveland
will return to Washington within few
days, though the exact time is not
announced. AS far as any prepara-
tons were to be made at the White House
for his return, everything is in readiness.
There is nothing strange or new in the sit
uation Of the government to be disclosed
to him on his arrival. The situation as it
Is Is known to him. What is to be done
about it all has probably yet to be decided.
Events will probably shape his action, but
the assumption that he has no plans is not
warranted. It Is not likely that these plans
involve the calling of an extra session of
Congress. The conditions are not yet ripe
for him to deal with Congress, and he is
pl lobably well pleased that it IS no ncarer
the regular time of meeting. Something
may happen to render an extra session
necessary, but it will have 20 be of such
character as 10 make the necessity obvious,
leaving no ch0.ce.
Speculation as to His Message.
Speculation has already begun as to the
character of his message to Congress when
it meets in December. If he had mes
sage to write now it would doubtless give
him considerable trouble to frame it sat
isfactorily If he has nothing but the
tion to treat of when the time comes that
he must give expression to some views it
will take something akin to japanese Jug
Cling to maintain his characteristic I'M
pressiveness and to find anything particu-
larly creditable to the administration. Or
dinarily he would begin the preparation of
material for his message soon after his
return. 1t has been his custom to devote
the time he spends at Woodley after re-
turning from his summer vacation and be-
fore taking up his residence at the White
House for the winter to thinking over this
work. 1t is believed that his message
this year will be written as late as pos
sible. He regards the conditions as still
unsettled and the situation which is to
be confronted as yet to develop. This
developm ent Is to be awaited before he can
frame his utterances. There are certain
recommendations concerning financial leg
islation which he is probably as well pre-
pared to make now as he Will be. But
what every man who participated in the
last Congress and every one who followed
those proceedings and has been an OBJ
server of events since Is puzzled to sur
mise is what he will have to say on the
revenue question and how he will explain
the condition of the treasury as it exists,
Independently of the question OF silver and
gold.
What the Bonds Were For.
A comparison Of the cash On hand in the
treasury before there was any bend issue
'for the purpose Of replenishing the gold
reserve" with the cash OF land now, after
three issues of bonds, will show that the
product of these bond sales was actually
to meet the deficiency of revenue. and that
the replenishing of the gold reserve was
scarcely more than an incident, as the de-
pletion Of the reserve was largely Incl
dental to the shortness Of the revenue.
Another thing which the situation reveals,
and which the treasury officials confess, is
that the high duties in the Senate tariff
bill, which Cleveland condemned, were es-
sential to maintain the revenues at their
p1 esent point, and that had the bill be-
ccme law as it passed through the House
the situation would be much more serious
than 1t is. How the message will treat Of
this question, or how it can be avoided. is
a puzzle. This will probably delay the
writing of the revenue part of the m.s-
sage until the last minute, in the hope that
what is the normal volume of revenue to
be counted on under the present law may
be decided.
An Embarrassing Recollection.
The recollection of his letter to Mr.. Will
sen ceploring the "treachery' in the party
which prevented still low er cut of duties
must greatly embarrass the President in
making any appeal for more revenue. How
he will handle the question is matter of
interesting speculation among politicians
here and those WHO love to ponder over
such questions. His officials cannot help
hum much, for they can only report the
condition which confronts them." laying