Show FINANCIAL MESSAGE washington dec 20 the following message was sent to congress by president cleveland today to congress in my last annual message the evile of our present financial system were plainly pointed out an and d the causes and means of the de depletion of the government gold were explained it 16 was therein dated that after all the efforts that bat have been made by the executive branch of the government to protect our gold reserve ny by the issuance ies nance of bonds amounting to more than f ucb reserve then amounted to but little more thau than wat bat about had bad been withdrawn withdraw n from such reserve during the month mcc previous to tle date of that message mes bage and quite large withdrawals tor for shipment in the th immediate rs re were predicted the jha contingency then feared has reached ur and the withdrawal of gold since the communication referred to and others that appear inevitable threaten such ouch depletion of our government gold reserve as brings us lace face to face with the necessity for further action for its protection this condition Is intensified by the prevalence in of a sudden and unusual apprehension and timidity in business circles we are in ia the midst midat of another season of perplexity caused by our dangerous und and fatuous financial operations these may be exi meted to recur with certainty as long as there is in no amendment in our financial system Ly etem it in this particular instance our predicament to is at all influenced by the recent upon the position POSIt IOD we should occupy in n our relation to certain questions concerning our foreign policy this lurnis furnishes bes signal and impressive warning that even the he patriotic sentiment of ef our people to is not an inadequate inadi quate substitute lor for a sound financial policy of course there can be no doubt in a any dy thoughtful mind as to the complete solvency of our nation nor can there be any just apprehension that the american people will be satisfied with less leas than honest payment of our public obligations in the recognized mot moi ey of the world we should not overlook the fact however that aroused fear to te unreasoning and must be taken loto into account in ail to avert public loss lose and sacrifice of our peoples peopled interest A real and sensible cure for our recurring troubles can only be affected by a complete change in our financial scheme pending nit that thai the executive branch of the government will not relax its efforts nor abandon its determination mi min atlon nation to use every means within its ith reach tu to maintain before the abe world the american Ameri credit nor will there be any hesitation in exhibiting its confidence fl in the resources of cur ur country coun tiry and the constant patriotism of our people lu in view however of the peculiar situation now confronting routing UP I 1 have ventured to herein express the hope that Cou congress coutress gress in default of the inauguration of a b batter ater system of finance will not take a recess from its labors before it has by legislative enactment or declaration done something not only to remind those apprehensive among our oar people that the resources of this thie government and a scrupulous regard for honest dealing aal rd a sure guaranty of unquestioned safety and soundness but bat to lo reassure the borla that with these factors and the patriotism of our citizens the ability and determination ti of our nation to meet in any circum acance every obligation it incurs do not admit of question I 1 ask at the bands of congress such aid as it alone has baa the power V to give to prevent in time of fear slid and apprehension roy any sacrifice of the peoples people Is interests and public funds or toe the impairment of our public credit in the effort by executive action to relieve the dangers of the gre cresent sent contingency CLEVELAND executive mansion december 20 1895 1695 |