The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1897-12-11
ELKTON, MARYLAND, DECEMBER II, 1897.
THE PRESIDENTS MESSAGE.

n RESIDENT MoKINLEYs first annual message was sent
to Congress Monday unusual attention having been
i given it by both branches of that body.
1t is but passing impartial judgment upon to
say that it frank manly and exhaustive paper, which
amply reflects the intellectual and moral qualities of it's author
and which will fresh conf ence in his prudence
and sagaoy a statesman.
1t is not purpose long and tedious analysis of
the Presidents but simply its salient features
particularly his views and recommendations those subjects
Of popular interest," currency reform, and the Cuban question:
which in a measure had been anticipated
Approaching the absolute Importance of protecting the Gov
the necessity further of bonds
tain National currency par with gold President
recommends when United gold
they shall not he paid out again except in exchange for god
quoting his language he recommends that the
receipts of the Government quite sufficient all the
expenses the Government when any the United
presented for redemption in gold, and redeemed gold
such notes shall be kept and set apart and only paid in
exchange for gold'
The plan a simple but less effective appealing at
popular intelligence sense or as conten
temporary if the greenback
when is paid in why should it not be good enough draw
gold when paid out? If the holder get gold why
should he without returning the god If the green
back be xchangea for gold why shouldn't the operate
for the Government well for the individual? The
would be that after the notes redeemed for
dollar Of paper that went forth gold dollar would
place That would break "the endless chan it would give
absolute security would keep assured parity 1t
danger geenbacks without contracting currency 1t
provides taking them without issuing bearing
bonds vital part of the plan equal expeudi
Without that it wond be Just necessary as
it under the Cleveland Administration. But
would the merit distinctly avowedy
ing deficit instead OF borrowing under the false prence
Of maintaining the gold reserve.
The President recommends to the consideration
Congress the currency plan Secretary Gage concurrng
establishment Of banks with $25 capital allowing
banks issue notes, the denomination of which shall
under $40 the face value of their bonds
careful review and conservative consideration all the
conditions involved in the Cuban question:
the conclusion that by the United States
recognition Of begerency should be delayed evident
iention of the Sagasa Cabinet reasonably pacy
and establish promised reforms shall have had
opportunity show its sincerity and value.
In other words the President asks Congress
to wait they unfold neither anticipating
renee when they avoiding their responsibility
trespasng the rights Span dsegarding wrongs
Cuba.
We believe the business and conservative of
country will sustain the attitude taken by the President
Following extended discussion Of the question the
message distinctly succincty variety of subjects
of wide Importance
The treaty for the of Hawaii briefly ayerted to
and urged The Nicaragua should attention The
The International Bmeaic Commission has successful
though still make hopeful International
arbitration favored Measures for Alaska the Indian
Territory suggested Equipment and facilities more
needed for the navy just than ships Service
Reform will be upheld These the minor topics
which exempes every part the careful judoous leader
ship OF prudent and President will be
received with cordial approval by the country