Show THE GOLDEN GATE The Chronicle Condemns and tho Examiner Ex-aminer Upholds the Message The Chronity Republican says The message will bo subjected to a searching analysis by the friends of bimetallism in Congress who will conclusively demonstrate demon-strate that his premises are wrong and that his conclusion therefore must be at fault They will show without difficulty that he errs in assuming that the present depression the United States is due to I the Sherman silver purchase act for were we-re only suffering in common with the rest of the world as the trouble is in no sense a national one They will also > rove that the Sherman silver purchase act had nothing do with the depletion ot the gold reserve in the treasury but that the outflow of gold was due to causes absolutely unconnected wjth the question of a monetary standard the same causes that are now operating to re ilenish the reserve I I The Examine Dem says President Clevelands message is an important one on account of its source but it throws no now light on the problems that have brought Congress together There is nothing In the message to offend the friends of silver The president points out the undeniable facts that the price of that metal ha been steadily falling fall-ing act ever since the passage of the Sherman Certainly under such circumstances the recommendation to repeal that law cannot can-not be considered in itself an indication of hostility to silver Mr Cleveland is careful to say nothing against the principle princi-ple of bimetallism on the contrary he point out the fact that a repeal of the Sherman act is a necessary preliminary to the establishment of a bimetallic system sys-tem I any member of Congress expected ex-pected > the president to do their work for them they were ever sanguine All he suggests with regard to the silver question is a repeal of the Sherman law No possible substitute is described The task of devising n satisfactory measure of that nature will have to be undertaken by Congressmen themselves The Call Republican says The mes sage will pass into history as the weakest paper that ever emanated from I president I of the United States Thepresident in forms Congress that the purchase of I 137000000 worth of silver has upset alI Our industries He quotes a passage in the act which declares it to be the purpose pur-pose of the government to maintain gold and silver at a parity as preventing the secretary of the treasury from exercising the discretion vested in him paying for sliver purchased in either gold or silver fhe purchase of 3500000 ounces of silver each month is represented as having brought the country so near to ruin that the dogday session of Congress held out ho only hope of relief There has never been an example of such gross magnify ing of effects as President Cleveland has I afforded in this message I I |