Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1895-12-21
FINANCIAL MESSAGE
v,,id,ut Cleveland Describes The
Present Situation.
,,orarn SEASON OF pERpLKxIrY
,,..,,,. Asked for Speedy Legislation
10 Remedy the kvIs now Con-
fronting u.

w,ursoroT, Dee. 20.-Tho follow.
-, m,ssage was sent to Congfsss by
p,,,idsnl Cleveland today;
To Consrsss-In my last annual
...,gs the evils OF our present huAu.
a,,I,y,tem we're plainly pointed cut,
"a tho causes and Insans Of the de-
I.ol,,ion Of the government gold were
esnl,lned, Il was therein stated that
~, sll the efforts that have been
-, by the executive branch Of the
soyernmsnt TO protect our geld reserve
~ the issuance Of bonds, amountlGg
mote than sl62, 200, 900, such reserve
,Ssn smsunled 10 but littls mors than
40 OOO. 600; that about tl8, 100000 had
s..a Withdrawn from such reserve
Gazing the month next previous 10
,ss date Of That mseragr, and quite
,s,ys Withdrawals for shipment IN the
,s,gedlale future were predicted. The
nastIngepoy then feared has reached
y, and the Withdrawal Of gold since
~ communication referred TO, aud
s1h,r, that appear inevitable threaten
.,,ss depletion Of our government gold
,s's,ye A. hfings us face 10 face with
~ necessity for further action for lie
.,otsolIop, This condition IL intsnsi-
IA nv the prevalence In certain quar-
~. ~ sudden and unusual Appto-
S,s,lon and tlmidiIy In business
circles. ,,,
AN NJ pefplexity, caused by our dan
,,fou, and fstuous financial opera
so,s These may DO expected 10
,,euf with certainty as long a. there
\, no amendment In our financial
,,,ism. II In this Particular Instance
sut ptodicament IL ut all influenced by
Inc fsoent insistanoe upon the position
q. should occupy In our relation TO
certain question, concerning our for.
sign policy, this furnishes signal and
abrasive warning that even the
taiflotc sentiment OF our people IL
not 40 inadequate su0s1ilaio Ior a
,ound financiAi policy.
OF course there can be no doubt In
any thoughtful mind ~ TO the com
tlete Iolysncy Of our nation, nor can
mere DO any Just apprehension that
Inc American people Will be satisfied
Win les than honest payment Of our
p,bllc obligations In the recognized
money Of the world. We should act
t,tflook the fact, however, that
aroused fear 10 unresso ming. and must
he taken into account In all tnerls 10
aysii public loss ana sacrifice Of Oui
ttople's interest.
A real and sensible cure for our "a.
curing troubles eau only be affected
byA complete change In eur financial
,cbeme. Pending thai, the executive
branch Of the government will mol
relax H. Efforts nor abandon Its detst
ninalion 10 use every means within
"a, reach 10 maintain befofe the worle
The American credit, nor will tnore b
any htslIalion In exhibiting Its con
ndsnes in tho resources Of our county
aud the constant patriotism OF oui
leople.
Ia view, however. OF the pscullai
situation now confronting Us, 1 have
venlufed 10 herein express the hop,
that Congress, In default Of the inaugh
IaIOn Of q b tier system OF finance, will
not take recess from its lasors beiot'
II has, by legislative enactment Of
declare ton, done something not only
10 remind those apprehensive amonI
wi INVple tuhh hho AtnouiNes VI thh
government aud n soruplsus regard FOL
tone'l dealing AFFORD \ sure guaranty
of unqnestioned safety and soundno
Tut " reAssuTe the world that with
iuese factors ana the patriotism OF oul
ctlIeni, the ability aud DISCRIMINATION
OF our nation to meet in any olToum
tAnee every obligation 10 inouTs, d.
noi ADMIT OF question.
1 ask At the hands Of Congress suol
ttompt aid NJ II alone has the powe
10 give to prevent, In tins Of fear snI
apprehension, any sacrifice u tn
peoples interests and public luais o
the impairment OF our public credit, Il
The effort by executive action 10 rsl,ey
the dangers Of the present co ntingcncy
GROVER CLEVELAND.
Executive Mansion, Deesmbsr 70
1885.