The advocate., 1895-12-25
$l.OO A YEAR.

AAOAn 1uOA AO1SRNo QuAluS buo MQAh1
next previous to the date Of that mes
sage and quite large Withdrawals for
shipment in the immediate future were
predicted. The contingency then feared
has reached us, and the withdrawal Of
gold since the communication referred
to and others that appear inevitable
threaten such q depletion in our govern.
ment gold reserve as brings US face To-
face with the necessity OF further action
for its protection, This condition ID in-
tensifed by the prevalence In certain
quarters of sudden and unusual appre.
hension and timidity in business circles
We are in the midst Of another season
OF perplexity caused by our dangerous
and fstuous financial operations. These
may be expected to recur with certainty
as long as there is no amendment 10 our
financial system. IL in this particular
instance our prediogment is at an In
tluenced by a recent insistance upon The
position we should occupy in our rela.
tion to certain questions concerning our
foreign policy, this furnishes d signal
and impressive warning that even the
patriotic sentiment of our people Is not
an adequate substitute for q sound tinan-
cial policy.
OF course there can be no doubt in
any thoughtful mind as to the completes
solvency Of our nation, or can there be
any just apprehension that the American
will be satisfied with less than an honest
payment OF our public obligations Ia the
recognized money of the world. We
should not overlook the fact, however,
that aroused fear is unreasoning and
must be taken into account in all efforts
to avoid public loss and the sacrifice of
our peoples interests.
The real and sensible cure for our re-
curing troubles can only be effected BY
a complete change in our financial
scheme. Pending that, the executive
branch Of the government will not re-
lax its efforts nor abandon its determi-
nation to use every means within itg.
reach to maintain before the world
American credit, nor will there be- any
hesitation in exhibiting its confidence in
the resources Of our country and the con-
stant patriotism of our people.
In view, however, Of the peculiar sitn-
alton now confronting us, | have ven
tured to herein express the earnest hope
that the Congress in default of the IN
auguration OF q better system Of finance,
will not take recess from its labors be-
fore it has by legislative enactment, OK
declaration, done something, not only to
remind those apprehensive among our
people that the resources Of this govern
ment and the scrupulous regard for
honest dealing, affords sure guarantee
Of unquestioned safety and soundness,
but to reassure the world that with these
factors and the patriotism Of our citizens,
the ability and determination OF our ma
tion to meet in any circumstances every
obligation it incurs, do not admit Of
question.
/ ask at the hands Of the Congress
such prompt aid as it alone has the
power to give to prevent, in q time Of
fear and apprehension, any sacrifice Of
the peoples interests and the public
funds, or the impairment OF our public
credit in an effort by the executive ac-
tion to relieve the dangers Of the present
contingency. GROVER CLEvELAND
Executive Mansion, Dec. 20, 1895.