Show fOR GOLD NOS Five IhuuhII Million Dol lais1 Woith Needed TO FILL THE TREASURY And Slrtn0thsn Oar Weakening national na-tional Hnancts SlECUL MLVUUI TO LONdULSS ire ideot nlonol ilIenu lbe nIaleelui ishle ed 10 Pu lIwoI WAelllxciTov Jilt ITho 1 ml dent ikottly altT nooa today will probably tend u ipeclal mewago la ConcrtM calling a Untlon Ibo necei lily of Immediate leglihtlou fortli rrolrctlon at the treasury room tutihrr clileton ol the koU rworve Tliu mwtgo will slit that temporary ex > pedleuta cannot tMult In permanent good sad the butane ot toll ooucto demnidi dtclelva collate that will liave iiu doubt of the loltnllon of the United Htatm to maintain Ilia Integr ty ol the national tango It It understand the uieMigo will ash that the secretory of the trtaiuiy bo empowered t > issue gold bonds sic ammnt not exceed lug JIOO000 100 far the purpoto otto cou Ing the gull remove strengthen lug our finance Hud replenlihlug the Ireuury III cia tlio prtient monthly deficiency of noull continua lice J1noc Tine Irrtldiut today tout Congmi lljo following mm > gc To the Hooto and Home of Iteprc eeututi You lu any tact annual mcMago I commended com-mended to lli terloui ooutlueratlon of Confirm the coudltlun of our national finance end In connection with tics tubjcol eiidorted A > lau of currency tegielelion 1 1I1Icb at that Urns teemed furnish ir tidlon agaInst tho Im landing danger lists 1In I iii i not linen proved i by Congress In lice meantime the ultuallou hai to changed Ib1 Situ emergency bOW aitearo eo tbroalenlut 1 deem It my duly to ask bt the hands of Ilia legIslative branch of tho government curie tempi i and lUecllve action ai will rector oonll deuce Incur financial soundness and avrt business dlmttr and nnlveriil dlilieM among the 1011 Whatever tuny bu Itio merit ol tIde lila outlined lu my annual talamec as a rOIell tar lice tile exltllng and n A laleguard o el nil Ibu di ltlon ol the gold reo terve In the Ireaiury I am taw convinced con-vinced that its rrjecllon by Congreii end our jrnenl advanced slag of flnauclal peri lexlty neoetillat ad II tlanal or dltlerrnl legttlatlou With tlio natural reiouroei of unllnilt rd variety and roductlvo I ilrrnglti mid with a lentil whMa activity activ-ity scot I unleri sank only a fair opportunity tu achieve uatlonal IUCCMI and Krcnlnw our irogrono bould not bo clunked bj a halo Hi au clII policy and beudleM dIsregard of touiid monetary lout nor should tico llmldlly and fear which they engender stand lu Hit way if our roiperliy It It I hardly uiiputtu last n I redlci rueut contend ala lujny Iherelore 10 one In any dugreu rwpouilblo for the miking end execution ot our Una uould till 10 sue Ilia alrlullo duly In hoiKlly and ilnccrtly alemitlUL lo relln the Illuallon Mllllrlly hits 1Irl will tint succeed unlrii mad untrimineled Ioy I rtudlce I llIhlllhll itch with u tlriidfiit de itriuliiitlon roilit time teiu utlou tu accept iucli puny > advantagi lOT A tdicY AKFAlll Wo may well retminbur II wo arc alerted with flnauclal uilllouliln that all our peo lu ID all itatloua if llfo am concerned oil turcly llioin who scalIer will not rro < lva Ihu promotion 01 tiny iii i tint au excuie for Icr lu tlluK our t mint traublei Ic advance list dli itrou conclusIon U It aba of ttio iilmiit lniorlauce that wo aj I loach Ilia study of tliu problem pre tiled ai tutu m innlble fiou Hie tyranny of reo < mcttvod opinion ti tliu end Ibat In tin common dancur wa may h I o able la sect with un bided vltloD sate mid rraaonablo irotoctioU 1111 main THOUII AOl iou imonlilcy The real trouble which confronli 119 CODiliti In Ibo lick of conflUence wldttpread and oouitant y inueuiluk lu lice contInuIng nblllt i er dl giltlun of tliu Hoverumiinl tti IY Hi oUlu tloni In told f UN luck of oonfldeuiu grow lo sofia xUnt out of Iho julia ida and 111110111 ariaiimruU II i IM dlui Ibo hovernuiont Older the ex biting lows lu l > I rucurn 101 ljp aad lu n stealer extent not ot tliu luioiilblllly ul 1 either kIlulllllo 1110 bounty or cancelling lu obligation iy lt > 01 endllura I alter this obtained Ibeonly nay loft alan lu lice Loveriininit piocurlug Hold It by lliu lotus tad lain if baudi Tlia only bond tl at can be luutd wore aulliorued nearly il yean 00 and aru 111 well calculated to meet our iroiont needs Among oilier dlmdvnnUjKi IhuV ann made Payable In coin Iniload of specIfically In gold which In eiUUuu caidllloui detracts largely und lu mi lucreailnt 1 nib I from I their durability oilnvul I inentt lit Is I by no meant certain tl at bonds of thli detcrl lion can bu muth longer dli oiod of ala price crvdiublu lo the financial character of our government gov-ernment OAKUUIOUD AND IBIUTATINCl The most Uanieroui and Irrltallm l lureof Ibo alluatloii however n malui to menllonod ills faun In the meant ly which tin Ironury la i uolliil 01 Ibo gold thus obtained without otnoellloK a single gnver tnt obi utlou anti I lolely lor lisa ienont ol tno u who find troUt In chill 11 UK it abroad or wh in tan Indoor lurid to hoard II at hunt Wo lave oulilandluv about W0 100000 In ourrecy Stoles ol tie Roverntnentlorivhlcn gold may bp d < naudeti and curlounj rnouch Lice law I leijuIrM Hint wui > ii presented and 10 teat nud and aid In gold they billion IHUBI riiui II aiame noten may dt duty muy holes III dniwlnx Hold Itut the treiiur nose can lice ItowMb arrnled as lium irlvali lartlmiroUturotherwIie I m allY aJ yanUiie lu rv ratine lice operation More man Ihite hundred million d1 isis si thee notei haw alreau brcn muniiieil m HolJand botif III itin III K ouch Idomllloo they are all HIM cut landing IIUMNIMO IN nriir VAst Hlnca January both our bonded Ililernt Irarlmc Uitt blat been increased In-creased JlOO OOJ 000 ton HID uriwie 01 I obtaining luld and reilenlih our cola rnervr Two iMut wtin mt r amounting Ioi0vuu iiuo MCN one lu January lila alher lu huvmibrr Ai me retult of ito fliti leiue thIO IOU realiaid agnietblnie lilure than lIlly > olgIol l million dull I lu gjlj lIst era Hut IMUO and the tuoowdll one In Novtnjuer oumprliiuk 0 period of about tell luontur nearly a hoc dred and tbree mllllou dollars of cold weie drawn from the treasury Hill mad a itauud luue Dtcfinry and lIon 1111 L mole han 11111 tlKUi inllllun In kuU Wa > atalnrealltnl llelweu tu Moi u ii la HUJ iui Mo aiu tIm rlont tIU conllnc A tiluj ot only loll two mouth more than lsllnl mlllloui of dollar lu gold wale expeiidad without kuy cai vellAtlun of RovcruniMil oblltti lloni or In any eriua out way eUUIngour people lull roving our PecunIary illualluii The III auclul oveuti of thn put year tuggrat lliv Ucli and condition wliloli should cirlalnly arrett attention More than mliuudrcJ tad leiuuly two mlllloui 01 dollars lu gold hno I betn drawn uut of the tieaiury during tbo your for Sic e pur OHI of ihlfi IUK abroad or hoaidlng nilionic Wlillu nearly a hundred and tune uilllloi Web tliawu OUI during the lint boo montbi of tic year H turn agOriIIllIi nuru than tan thtnibsaf tlcai amoii I UlinibuLt tlxijuluu mill otit WKI drawn lot dullnt the following two nunlbl thus ludlcatlnic a marked nnMliralluu In ibo de Ittlug traces will the blue 01 time Tbo otillgationi upon which thli gold has been draivu Com toe treaiury are mil ouUlaudlug and nullbio for uir retatlUk bbn u hullnK obrutioo with ihoit r Inter Vale l aiour perlexllle accumulate Condition are ctrtalnly luivrvcnlng leudlug to mike bond wnloli may be III nod to rei leulih our gold IM I uieful lurthat tunics An aluM gold reiervo rurJu I 1 clrounutaucei abel lulely citenllal lo the ul holding of our I ubllu orllll ant lo the lualnleaute of Our hbh nationalcharao ir Our cold lun bus unit reached loch a stego of diminution ai ti > riijuire its speedy reluforoement i VHH uoliv aim tH8 I I Acgravalloni that inuit Inevitably follow the reienl ouiJIIloDi and method will certainly lead lo mil fortune aud low tot only to our EI ilonal crudlt aud iroiirlty sad In I financial enterprlie but li thuie of our ImbIbe who seek emiloymrnt ni a miaul of livelihood and tu thole whole only tltllll li the ually labor I will h rdty do 10 icy that a elm > plo Incrrain of 1 Ibe In DUO wIII cure our trouble The picbanilon now exhaling counanlly Increatlnga to our Iblclal ability don not ieat Upon thu lalculatloni of our revet TIne tlmo bai toeed i wbeu tbu vym of luvettoiD abroad and our eale al 10m wore Shoed upon tlu reviuuii ol Hill govtrnnienl Changed oond I Ibtlr aiuullon to lloiu I ava ktuiiilt AUUllollo thai Id ol the government Tile need tu no fear that wu oauuot t ay our current expcuiet will curia money ai wo have MUM Y JNCUUII nUT NOT UOLI Tl ere li now in the treasury a com forlable iutlui of more than ilxty Ihrcu mllllou dollar but It I Out lu lol and therefore dotn not meit cur dlllloultlei I cannot sue llmt dlOer PHI opinion ooiaerulug the extent to which sliver ought 10 bn coined or uiod In our currency ihould liiterftire wllh the couuiutof tboie whose duly It u to ricllly Iho cvlla note current iu our financial iltuatlou They hn I 10 coutlder the questIon of Lalluual ciedlt tot the count meucei tbut will followf 00 III collapee Whatever ides I may bo luilited on auto au-to dIver or bl uietalllim lice proper lolutlon 01 ttio ijueitlon uow inning upon ui only rejulua the rccognlllou of gold ui well ai ullvtr nnd acoiceMlou of Ui lmortuuc rightfully right-fully or wrongfully at ilruJ as a bum of national 1 credit und the necoi slIp of nu honorable dlicbargt of our obligation ayablo In gold i I do not undented me real f I lend i f illver to draliu a ooudl Ion Ibat in If 11 follow Intel moo or nttlMI to I appreculu meaullikuf the rtMiit nlKcniy If It ihuuld result in tile cLOt uniilihmunl of gold from our financial and cuneniy arraliunieiili lleildti tbu Irraiury uolei wlilch certainly boost lu I tslcI In oldamount ink lo nearly fSIOUlMOO Iheru will all due lu 1UOI 100 000 OOJ bond loud 111 during Ihu haul year lor which wu hal ritcelvtl atoll and In 1UJ7 rarly OUO10 IOJ 4 soc i cent bundi iMUtd lu Ib77 Hlitll t uiajuientof II 01 u obllgallun lu gull lit t i udlaloa 1 I thuy one 10 bu jlJ In uth a nun nor ai lliu Wtltlun of our lallonal huuor alcii 1 valloi I > l tolvrury I duutnJ wain lr uld not Uuttroy t or even f imierll 1 Durability tu supply oUlllv with gold for that urpone NOT UNH1HMI TO ElLVIlt Svloito I I aO not uufrloudly to shIner Wllo and whlu 1 Uuliuto MO It ricogulM i la lucll au txt > ut ai U couilileut wllb lIla lluauclul ufely and the Iota j urVKtlou ot our habItual honor und Ivololl am nut willing lu IC gold en llioly inlihuu I t oin our currency aId HnnucM Fu avert tuulioouitquonce I believe Ihorouxh and radical remedial leghUtlonihould be iromilly i med lgl10lluu I thertforu beg Consul li klo the cl Imiuedluto altintlou In iultct 1110011110 alllloll my opinion the lecrtlary of time trtaiury iboull In HUihoiliud to luiue government hoods fur thu tour tm to of pr curluk and uaalutali li n Julllcleut gold rciervo aol relcmit Oil and caucollatlon of United Buloi legal I en lit no end trratury DOtn Issued or lieu uroh M if slIver under the law of f July Hlh I HOI I We ahould Lo eileved Irom the umlllttlDr I pioeen i Inu ug bond la Ic00000 iol J lo I Ste minndlttoly and repetlwlly drawn out dli t I la obllinlloni ide urpowx i uol rlaied la time benefit i f ant govern mint or our IrelIc > IU T nc uol IID rice prlnolral ant Interest ol fiew bonds mould Ixi Payable on thr fare Sb n gold bio un they should be Mid f r golt I or Ui repreiintailvt and be mum tbore would niw lie probably ullloulty In favaiably dliumlnc of I botids lint coot IDIIIK thli ilipulailon 1 Uigeet that bond b und lu denomination de-nomination of twenty a d Illly dot a last I their milllll In und that they hour Inlerett it a rule not exceed hI > Io cent ler annum 1 du not tea why they should not te 11 Able In fitly j eari from date We of the iittint generation lisva I large amuunU 10 lay If we nleeh our obllgallou > and long bond are mvrl saleable Tbu sec relay wil the treasury mUbt well b I trmltled I at lilt UlMrelluH lo roY on the aalenf bondrleKal lender Iud treaiury notes 10 le I retired aud of coals wheu lacy are thua retired or olecmed III gold they ttiould b coon outlet Tbece LoDI under Milling lawi could be dnOI I1l1lo nalliac bank ai H surlly f r fhnrliculttlou ioU luch biiika ehuulu bo allowed to lime a air culallou up lo thou face valuo ol Oboe or any btlirr bund 10 de tiled virept b ndi outelaidlic and rating two per cent Inlerml and wuioh tell I Ill hi patkat at less J thin Ir The national aks ehiOuh I not bu allowed to take out clrw lnl ole 011 UM de u m uatlon thai tacllureaoU Mben uol 1I1110lua now u uuianu > K leaih 100 Ueuuiy for redemption Dull except rl lplOI retirement they should ia can lroIII IIy oelle and note of tlm ut utiu iia Ion ui lIlt and ii wartli iMued lu 1 their sI4i > WV Mlltrroeilllloat lolllio duiouilnall I ul 410 mut upwar li ahould be rII lacv by oertilloiWi f Joiumluilljui under 1 oil von utTica ON utiuKif Ai a ouant ant iuvta Cr the Illa leuinouof A reai liable supply 01 gold In IhulrnMury our diction on lniurl ihouUbe husld li I goU allowlig I oiler duet I n t e guvec 111110 alto be 1r IU fold I In any t i v form I f money I I believe all ruvitioui 1 hay suggtIed shout bo embodleJ In our lawn I f He are li enjoy the UHiiplelo reh I ueinte me I of aiound lIe cihul condition II vy need uot lit i f re with say currency ichinie I r uvclIag I fur the lu crenM if thu circulating medium I tbriugb the agency of iiatlo lal or it 1 t i anil ilncu they oin easIly be ajuitrd toiucb aicheme hO4 IW KCrN thOr Olilict on ha been made to I 10 IHU ADO cot luteifit Uiarlng obllgit untlor the ruipoe I tellni g I UL ttvei tearIng legal t ioiter tilt i luiwinlo Uct huwevrr then uuUM bavu burdened bur-dened ui with a leiga Und 01 luteiwt an I II It atlll aoeumulatli fbu iJ regale Intereot on Ihe original Iwu 1 01 londfthu rocraila of which In gold I umitlluted the neervefor lIce aymeii of III no liolei nniountod tu7 186 JSO on Jaiuiry I IbM allJ Ito lIlIu1 charge rr Inlet on those bond and ilinae leaned for t I e 0 tuutimneu 1111 lot the lilt 3ear will ho 1110 OUII dating Iroui January 1lh96 While the cancellatlouof tIme note would net relieve ui frjm Ihe obliga tIns allocily lIcunuu all mca I Oh count thcie facti ole Liven by way ut suggesting that Ihtlr exltlence liai not brrn free iron luterritchargeiiand llm Ibe looker they are oulitaudlug judg lug from the experlruco ot lilt year tbu uiureexpeuilvo they will become OuNClunioi In conclusion I deilre frankly to confMi my roluotunce tu Inulng bore bonds lu lie I relent clrcumitauce better rrtulti thtn liav aud wIth no bolr reull nl lately followed thai ouuite I cannot huvruver riiraln from n dIng 10 Ibo ainirauco of my anxiety to 001 jeralu with the reteut Oougrei lu any reatouablu meaiure of idIot thu vii rvxlou of my determination to leave I iiolblBtf in uol e whuu lurnUlui hOIa for ImirovlDk the ultualiuu ur checklnt the iui iclon of lout dIsIll cllnatlon or dliablllly lo tiurt WIth tide tlloilouor ovary national oblli ltglmad Oltu Lit Lu VEI ANU xueullvo iUnilou Jauuury 23 fIr 1683 lor t IIMKKIII Ilililnc HT MAUH Jln 211Tice OhIo ittte and fIsh comnilulon liai GOD Into the i lieiuant talilmg builueM uea lire and rr thai purpose hmlouitd three acrei of ground nloug them tlary tetervulr for n PerIod of llvu yearn HunJreiii f dollan huo already 1 al-ready b11 exrwuded him ctictlm oooj and ihedi kiiltable fur hatchlncaud brooding purp tee At 10011 an thu I beaiaiiti get la be plentlfJl Ibuy will be turned tome 111 Ibe Held and loreiti of the ttate |