UNITED STATES.

Press, Volume LII, Issue 9281, 5 December 1895, Page 5

UNITED STATES.

THE PRESIDENT'S MESSAGE. Tress A_o-iation—By Telesraph—Copyright. Washington*, December 3. Ths President's message at the opening of Congress suggests, as a remedy for the financial troubles, the retirement of greenback Treasury notes, amounting to 400,000,000 dollars, and the substitution of bonds bearing a low rate of interest, the Treasury to be assigned authority to dispose of the bonds abroad. Regarding Venezuela, Mr Cleveland said he would inform England that the United States would firmly oppose any European Power increasing its territory in America, and had protested against the enlargement of British Guiana. Arbitration on the entire question was the only way to obtain a settlement. A reply was expected from the Imperial Government shortly. December 4.

The President's message urges that the finances are in a dangerous condition, and require a heroic remedy. He deprecates a blind plunge headlong into free coinage of silver in the name of bimetallism. He hopes the Powers will not delay to take prompt effective action in Turkey. With reference to the award by the Behring Sea Commission in favour of England, he points out that the honour of the nation demands prompt payment. The President invites Congress to relieve the country of the irksome and unnatural treaty obligations in Samoa, and concludes by insisting on a neutral attitude towards the Cuban rebellion.