Show TIlE PRESIDENTS tIESSGE One Presidential message treads on anothers heels so fast they follow On the 2d of this month the President sent his annual message to Congress only four days ago he sent his special message mes-sage to Congress on the Venezuela boundary dispute and yesterday he sent another special message which in some measure may be said to follow asa as-a consequence of the one on Venezuela Venezu-ela affairs The amount of gold withdrawn with-drawn from the treasury since that message has doubtless been augmented by the prospects of war with England That prospect is admitted on both sides to be very remote but so peculiarly peculiar-ly sensitive are our national financial affairs that they are liable to be thrown into a panicy condition by even less trifling circumstances than the Venezuela embroilment The President calls attention to the fact that although the executive branch of the government had sought to protect pro-tect the gold reserve by the issuance of bonds to the amount of 162000000 yet when his annual message was sent to Congress there was but 79000000 in the reserve fund that about 16000000 had been withdrawn from said reserve during the month next preceding the date of hIs annual message He calls attention to the fear he then expressed that there would be more large withdrawals with-drawals in the immediate future for shipment abroad and informs Congress that what he then feared as a contingency contin-gency has < been realized heavy withdrawals with-drawals within the past few days have taken place Other withdrawals he declares appear inevitable in consequence conse-quence of the prevalence in certain quarters of sudden and unusual apprehension ap-prehension and timidity in business circles cir-cles and they threaten such depletion in the government gold reserve as to bring the government face to face with the necessity for further action for its protection The further action for the protection of the gold reserve of course means in the mind of President Cleveland the Issuance of bonds on the lines laid down in his message and the report of Secretary Carlisle The whole of this last message in its argument points to the adoption of that policy Doubtless the present disturbed condition in respect re-spect to our national finances justifies the Presidents message and his urgent request that Congress shall not adjourn ad-journ for the holidays until something has been done to quiet the disturbed feelings of the people We hope that President Cleveland is sincere and patriotic pa-triotic in his recommendations to Congress Con-gress and we believe he is however mistaken he may be in the policy he would adopt to cure the governments financial ailments We hope he is not taking any undue advantage of the circumstances which have lately arisen to force upon Congress the adoption of the policy which his administration has so frequently urged The real and sensible cure for our recurring troubles can only be effected by a complete change in our financial scheme says the message So say we all but not on the lines of the Presidents recommendations recom-mendations If the President is taking advantage of the circumstances which I have arisen of late to urge the adoption adop-tion of his policy upon Congress it Is ito i-to be hoped that the friends of silver will not be blind to the occasion that the same circumstances afford them and reasonableness to urge the necessity ness of making the complete change in our financial scheme consist in the adoption of the policy of bimetallism the free and unlimited coinage of silver sil-ver at the present legal ratio |