The star. (Reynoldsville, Pa.) 1892-1946, 1898-12-07

an interest bearing debt to provide gold for
the redemption Of United states notes-a non.
| interest bearing debt. Surely II should not
| pay them out again except IN demand for
| gold. II they are put out In any other way
they may return again. to be followed py
interest bearing debt to redeem non-inter-
| est hearing debt
| This recommendation was made In the be-
| lief that such provisions of law would insure
| to n greater degree the safety OF the present
| standard, and better protect our currency
from the. dangers to which u Is subjected
conditions OF the country: .,,,
CURRENCY LEGISLATION NEEDED.
In my Judgment the Iresent condition oi
the treasury amply lustints the immediate
| enactment Of the legislation recommended
one year ago under which portion Of the
| gold holdings should b. placed In trust
| deemed upon presentation, but when once
redeemed should not thereafter be puid out
IL is not TO be inferred that other leelsla-
| tlon relating to our currency Us not required;
on the contrary there ls obvious demand for
T. The Importance OF ADEQUATE proyision
which will insure to our future money
| standard related as our money standard now
| Is TO that OF our commercial rivals, Is gcnes-
ally recognized
| The companion proposition that our domes-
| Tic currency shall be kept safe and yet be so
related 10 the needs of our industries and n-
| tcrnal commerce as to be adequate and re-
|
| scarcely lees important Tho subject, In all
It's parts. is commended TO the wise consider
wfNTED-A MARITIME POLICY.
The annexation Of Hawaii and the changed
| relations OF the United States to Cuba. Porto
Rico ana the Philippines resulting from the
| war compel the prompt action of maritime
| policy by the United states. There should
be established regular and freauent stenn-
sP s,a,a mo epc0"psSu wes e
the newly acquired islands Spain furnished
| its colonies at an annual cost OF about two
millions OF dollars steamship lines communi-
| eating with a portion OF the worlds mar
| kets as well as with trade centets OF the
home government. The United states will
not undertake to do less u Is our duty 70
| tional control. for their export and import
trade. II will be conceded that the present
situation calls for legislation which shall be
| prompt. durable and liberal
| The part which American merchant vessels
| and their seamen performed In the war with
ing both pickets and the second line OF de-
fense. is a national necessity. ana should be
encouraged In every constitutional way.
Details and methods for the accomplish
ment OF this purpose are discussed In the re-
| port of the secretary for the treasury, TO
which the attention OF Congress is respectful
THE REGULAR ARMY.
| Under the act of Congress approved April
20, 1893, authorizing the President In his dis
erection upon a declaration of war by Con
|
exists" I directed the Increase of the regular
army Ia the maximum OF 62,OoO authorized III
| said act. .
There are now IN the regular army bhSbz
officers nnd men. In said act IL was pro-
vided that at the end OF any war In which
| the United States becomes involved the army
shall be reduced to peace basis by the
| transfer In the same arm of the service or
absorption by promotion or honorable dis
charge Under such relations as the secretary
! or war may establish OF supernumerary com
| missioncd ofhces ana the honorable discharse
! or transfer OF supernumerary enlisted men;
| ana nothing contained IN thls act shali DC
construed as authorizing the permanent in-
| crease Of the commissioned or enlisted force
o: the regular army beyond that now pro-
| vided by the law In force prior TO the pas
~ majors provided Tor IN section tnereoi.
The Importance OF Legislation Tor the per-
| manent Increase OF the army Is therefore
manifest and the Recommendation OF the
| secretary OF war for that purpose has my
qualified approval. There can be no questisn
| that at this time ana probably Tor some time
| In the future, one hundred thousand men
! viii be none too many to meet the necessi-
ties OF the situation, AT all events. whether
that number snail be required permanently
| or not the power should be given 10 the
President to enlist that force II In bis dis
| erection u should be necessary; ana the
| further discretion should be gwen TO MN 10
| recruit Tor the army within the above limit
| from the lnhabitants OF the isiand win the
government OF whlch we are chargea.
IL Is my purpose TO muster out the entire
| volunteer army as soon as tne congress shnii
provide Tor the increase OF the regular estaD-
liFhment. This will be only an act OF Justice
and VIII be much appreciated by the brave
| men who lcft their homes ana cmplOymentS