Connecticut western news., 1895-12-26
FINANCIAL MESSAGE.
eIevElANo's SECOND LETTER TO
 CONGRESS.

Hs Asks For Speedy Lexisiation on the
 Finance Questfon-Mesns of Relief For
 the Depleted rre.sury Reserve and De-
 creassd Government Revenue.
 WASHINGTON, Dec. sI.-Prssident Cleve- hnd has sent the following message to congress:
 ''To the Congress:
 Tn my last annual message the evils nf our present financial system were plain ly pointed out, and the causes ana means of the depletion of government gold were explained.
 Tt was Nierein stated that after all the efforts that had been made by the execu- tive branch of the government to protect our gold reserve by the issuance of bonds amounting to more than sl6S, 900, 900 more than $19, 900, 900; that about sl6,- reserve during the month next previous 10 the date of that message, and that quite large withdrawals for shipment in the immediate future were predicted.
 "The contingency then feared has reach cd us and the withdrawals of gold since the communication referred to and others that appear inevitable threaten such de- pletion in our government gold reserve as brings us face to face with the necessity of further action for its protection. This condition Is intensifledlby the prevalence in certain quarters of sudden and unusual apprehension and timidity In business oirclea
 "we are in the midst of another season of perple1ity, caused by our dangerous and fatuous financial operations Those ha nd tn as long as there Is no amendment In our financial system.
 If in this particular instance our pre- dicament is at all influenced by recent insistence upon the position we should CO., cupy in our relation to certain questions concerning our foreign policy, this fur nishes signal and impressive warning that even the patriotic sentiment of our people Is not an adequate substitute for a sound financial policy.
 No Doubt of Our solvency. "Of course there can be no doubt In any thoughtful mind as to the complete solvenoy of our nation, nor can there be any just apprehension that the American people will be satisfied with less than an honest payment of our public obligations in the recognized money of the world. We should not overlook the fact however, k be taken into account In all efforts to avert public loss and the sacrifice of our peoples interests -.4.. "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 our government will not relax Its efforts nor | abandon it's discrimination to use every means within it's reach to maintain before | the world American credit nor will there | be any hestitation in exhibiting Its conf | dence in the resources of our country and
 the constant patriotism of our people s'In view, however. of the peculiar sit uation now confronting us, have ventur- | ed to herein express the earnest hope that the congress, in default of the inaugura. | Gion of a better system of finance, will not | take recess from its labors before 1t has | by legislative enactment or decleration
 done something not only to remind those | apprehensive among our people that the | resources of this government and a scru. | pulous regard for honest dealing afford a sure guarantee of unquestioned safety and
 soundness, but to reassure the world that 1 with these factors and the patriotism oi l our citizens the ability and determine.
 ton of our nation to meet In any oircum.
 stances every obligation 1t inours do not | admit of question | "I ask at the hands of the congress
 such prompt aid as 1t alone has the power
 to give, to prevent in a time of fear and
 apprehension, any sacrifice of the peoples
 interests and the public funds or the i'm.
 pairment of our public credit in an effort
 by executive action to relieve the dangers
 of the present emergency.
 | "GRovER CLEvEkASD."