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Newspaper
Vienna Progress
Location
Vienna, Georgia, United States of America
Date
Apr 03, 1894
Page
1
In a March 29, 1894 message Grover Cleveland weighs bullion seigniorage and silver’s place in currency. He favors cautious action, proposing treasury bonds at low interest to replace current protections, aiming to avoid losses and preserve confidence while awaiting broader monetary reform.
President Cleveland returns house bill 4956 without approval, arguing it undermines recent silver purchase repeal and endangers the recovery of confidence in national finances. He warns the measure would threaten gold reserves, disturb parity between metals, and could lead to silver monometalism.
Charles Frederick Crisp was named by Governor Northen to fill the late Alfred H. Colquitt’s U.S. Senate seat. Crisp asked time to confer with Democrats before deciding. He later declined the honor and announced he would remain Speaker of the House. Governor Northen had not yet chosen another candidate.
Coxey's Army of the commonweal moves from Massillon Ohio with about seventy five in line led by Marshal Carl Brown on a white horse. A snowstorm hits the march, leading to some desertions before Reedaburn. They reach Canton where Camp Lexington is pitched and tens of thousands cheer as fires are lit for the night.
Dispatches from Buffalo report a brutal blizzard lasting over seventy six hours with zero temperatures and twenty feet of snow. Wires are restored but roads are impassable and stock losses are described as terrible. Traders rush to fill spring contracts as cattle and brazen men prep for sales.
Augusta merchants boycott Armour Packing after claims the firm undercuts country trade prices. The report notes broader tension between wholesalers and Armour and mentions other national business and political items including Tennessee litigation, a Philadelphia bank assignment, a Mississippian rail wreck, and severe southern weather impacts.
Senator Stewart of Nevada writes J B Coxey commander of the army of the commonwealth urging him to abandon his plan for a march on Congress. He warns that leading an unarmed crowd of starving workers against modern war machines empowers the oppressor and risks the ballot. Disorder would secure money power at the polls.
The Fifty-Third Congress reports routine business with contested elections in the House, including O Neill v Joy and English v Hubern, and the surprising Bland seigniorage veto announced by President Cleveland. The Senate honors Senator Colquitt with funeral ceremonies in Washington and later discusses silver, the Clayton-Bulwer treaty, and Florida nominations while public observances continue in Turin for Louis Kossuth.
KR G Dun & Co reports business volume expanding while profitability falls. Uncertainty grows over seigniorage veto, prices dip about 1.5 percent from last week, and 12.9 percent versus a year ago. Widespread production, uneven demand, and easing wages constrain prospects amid ongoing auctions, trade totals, and regional tonnage shifts. Canadian failures rise notably as officials contemplate taxing bases and bond costs.
The Portuguese government replies to Peixoto’s demands and declines to surrender insurgent refugees who sought asylum on vessels after the Rio harbor surrender. It says complying would violate humanity and international law. The piece ends with a note on early liquor habit control.
A weekly review notes widespread revival in the South's industry and trade aided by favorable weather. Fifty-one new industries, eleven factory enlargements, and thirty-two major buildings are listed, with mills, canning plants, o mills, and electric plants planned across multiple states.
Fire destroys the Wiscasset planing mill in Hattiesburg causing heavy losses. A 10,000 strong coal and mining strike is ordered in Connellsville. Queen and Crescent railroad ownership shifts to Cincinnati Hamilton and Dayton. Riots feared in Darlington. Ice and snow cripple Mississippian farms. Palmer assignment rumors denied in Lynchburg. Widespread wage cuts announced for Queen and Crescent workers. Suspicious character claiming Lee lineage seeks aid in Galesburg. Izlar Stokes contest advances with new evidentiary limits. Nashville bribery indictments and lynching cases continue. Charleston harbor jetty survey shows channel widening. Curios fatal family pattern and unique nose reduction surgery noted. Sardinia prison death linked to macabre saltiney scams.
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