The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1895-12-07
PRESIDENTS MESSAGE.
CONGRESS INFORMED OF OUR FOR
EiGN RELATIONS AND FINANCES.


EiGN RELATIONS AND FINANCES.
venexuelan Question Made an Occasion
for Reiterating Monroe Doctrine.
Gresnbacks Should he Retired and
National Bank Note. Substituted.
WASHINGTON. Dec. S.-The president's
mes age, read before congress Tuesday,
deals almost entirely with our foreign re-
lations and the financial question, depart
mem al reports being entirely left on In
the beginning Of the message the president
says:
The present assemblage Of the lepisla-
tive branch of our government occurs at a
time when the interests Of our people and
the needs of the country give especial
prominence to the condition of our for
eign relations and the exigencies of our
national finances The reports of the
heads OF the several administrative de-
partments OF the government fully and
plainly exhibit what has been accom-
plished within the scope of their respec-
tive duties and present such recommenda-
tions Tor the betterment of our country's
condition as patriotic and intelligent labor
and observation suggest. I therefore
deem my executive duty adequately per-
formed at this time by presenting to con-
gress the important phases of our situa-
tion as related to our intercourse with
foreign nations and q statement of the
financial problems which confront us,
omitting, except as they are related to
these topics, any reference to departmental
operations. E>s
The vsnesuelaa Natter.
In the matter Of the dispute between
England and Venezuela, which involves
probably more directly than any question
of late years the Monroe doctrine, the
president says the position Of this govern
ment was fully and distinctly set forth
The general conclusions therein reached
and formulated are, in substance, that the
traditional established policy of this gov
ernment Is firmly opposed to a forcible
increase by any European power of its ter
ritorial possessions ON this continent; that
this policy is as well founded in princip Q
as IL is stron yly supported by numerous
precedents; tnat as consequence The
United states II Bound to Protest
against the enlargement of the arr Of
British Guiana in derogation of the rights
and against the will of Venezuela, that
considering the disparity In the strength
Of Great Britain and Venezuela the te. RI
torial dispute between them can be reas-
onably settled only by friendly ard i'm
partial arbitration and that the report of
such arbitration should include thu whole
controversy, and is not satisfied If one of
the powers concerned IL permitted to draw
an arbitrary line through the territory in
debate and to declare that 1t will submit
to arbitration only the portion lying on
one side Of it. The answer Of Great Brit
ain has not yet been received.
Oshsr Forsign DinssItiss.
The president says the position OF the
United States regarding the Samoan gov
ernment is b,th irksome and unnatural,
and ought to be terminated.
Payment of the Behring sea claims of
Great Britain are recommended.
The Chinese massacres are touched
upon and the fact noted that American
citizens suffered l,ss than those of other
countr es. The punishment of those who
took part i'm uprisings Is also noted.
In the Waller case the full courtmartial
record has not yet been secured, but it il
expected. .a..
The situation in Germany is such that 9
restriction of her imports to this country
may be demanded.
The presence Of our naval vessels IN
Turkish waters, the president thinks suf
ficient to afford protection of our citizens
there. ~
Regarding the Cuban rebellion th'
president thinks citizens of this countr!
nlaf .tr,,l II ,
laws 1
Remedy For Our Financial Ills.
After reviewing the financial troubles o
the government, the president says.
I am convinced the only thorough ant
practicable remedy for our troubles /
found in the retirement and cancel, atiol
of our United States notes, commonl.
called Rreenbacks, and the outstandin,
treasury notes issued by the government
in payment of silver purchases under tn
act of 1850. I believe this could be quit
readily accomplished by the exchange o
these notes for United States bonds o
small a. well as large denominations bear
ing q low rate of interest They shoui'
be long term bonds, thus increasing thei
desirability as Investments and becaus
the payment could be well postponed to
period far removed from preseet financia
burdens and perplexities, when with IN
creased prosperity and resources the
would be more easily met.
woald Sell Bonds Abroad.
To further insure the cancellation Q
these notes and ais, provide way b
which gold may he added to our currenc
in lieu OF them. a feature IN the pla
should be an authority given to the seer
tary OF the treasury to dispose OF th
bonds abroad for gold II necessary {
complete the contemplated redemptio
and cancellation, permitting him to US
the proceeds OF such bonds to take y
and cancel any OF the notes that may !
\ In the treasury or that may be received 9
< the government on any account.
The increase VI our bonded debt II
volved In this plan would be amply con
penseted by renewed activity and ente
prise in all business circles the restore
confidence at home, the reinstated iait
A our monetary strength abroad and tf
stiu,ulation OF every interest and industl
that would follow the cancellation OF y
vold demand obligations now afiiicting y
AZ : substitute currency the presidel
,rnnld authorize the increase OF nations