The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1897-12-10
The Presidents Idea.

The Presidents Idea.
The Presidents message has been be-
lore the people for day or two. 1t has
been variously received. The partisan
press of course considers IL from par
tisan stand point. sEt ii is hard to
Judge from their opinions. Il is prob |
ably not an outspoken document, but
rather one delivered with q little hesi-
fancy on some points. The Daily Chron.
ical, OF London, says IT is weak and
coiorless, compared with the vigorous
handling of public questions TO which
Mr.. Cleveland accustomed us" The
gist OF opinion of the English press
seems to be that he vas not equal to the
occasion.
We give extracts from the main sug-
gestions in the message:
The secretary of the treasury has out
lined plan in great detail for the pur-
pose Ct removing threatened recurrence
of depleted gold reserve and saving rs
from future embarrassment on that ac-
count. To this plan invite yocr care
fu! consideration. concur with the sec
retary of the treasury in mis- recomenda-
tiou that national banks be allowed to
issue notes 10 the face value Of the
bonds which they deposited for circula-
ton, and that the tax on circulating
notes. secured by the deposit of such
bonds. be reduced 10 enc -Lalf OF one per
cent per annnm. / also join him in
recommending that authority be given
Tor the establishment OF national banks
, with a nj 1ium capital Of SIS, ,000. This
will enable The smaller villages and sg
rieuitural regions OF the country 10 be
supplied With currency to meet their de-
mards. recommend that the Issue oi
national hank notes be restricted to The
denomination of $40 and upwards. II
the suggestion have herein made shall
have the approval OF congress. then 1
would recommend that national banks
be required TO redeem their notes in
gold.
In the absence OF q declaration tha,
the MEASURES that this government pro.
poses to take in carrying out lie proffel
CT good Offices. it suggests that Spain be
lett free to conduct military operations
and grant political reforms, while the
United States. on It's part, shail enforcs
its neutral obligations. and cut CT the
assistance which. ii is asserted, the id-
surgents receive from this country. Ths
. supposition OF an indefinite prolongatiou
OF the war is denied. Ii is asserted thai
the Western provinces are already we'll
nigh reclaimed; that the planting q
cane and Tobacco therein has been re-
] sumed, and that by force OF arms and
new and ample reforms very early and
. complete pacification 10 hoped for.
A subject OF large importance TO oul
. country aud increasing appreciation OF
the part OF tie people is the completicI
OF the great highway OF trade betweeI
the Atlantic ana Pacific known as th,
Nicaragua canal Its value to American
commerce is universally admitted. Tn,
commission appointed under date 0
July "a last"to continue the eurreys an,
examinations authoriz ID by the act ap
proved March 2, 1856. in regard 10 tn
proper route. feasibility and cost of con
structlon of the Nicaragua canal, with
view Of making complete plans for sh,
entire work of construction of such canal
IS now employed in the undertaking. Ii
the future shall taks occasion TO trans.
NIT 10 congress the report OF this comis.
sion, making at the sams time euch futhel
suggestions as may then seem advisable
II gives me satisfaction to state tha,
the special ENJOYS to the bimetalic inter
national convention have already demon.
strated their ability and fitness TO dea
with the subject, and 1t is TO be earnestly
hoped that their labors may result In an
international agreement which will bring
about recognition OF both gold and silver
az money upon such terms and with
such safeguards as will secure the use oil
both metals upon basis which shall
work no injuries to any class Of citizens.
/ The territory Of AlAsxa requires the
prompt aud early attention OF congress.
| The conditions now existing demand q
material change in the laws relating to
the territory. The great infiux OF popu-
I tnfs Al. a
and the prospsct OF a still larger immi-
grafton in the spring will not permit us
TO longer neglect the extension of civil
authority within the territory or post
pous the establishment OF more thor.
ough government.
The civil service system has the ap.
proval Of the people and it will be my
endeavor to UPHOLD and extend It.
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