New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-09-05


short time ago, what the Democratic party has done
ton between States In the way OF transportation
Why, SIR, In early days-in 1s2f-our people began 70
the great natural water courses OF this country the
oDcomng trade OF the Republic and they dd
at 1t for 10 years Bat in 1882 the Dernoerac parry
discovered that they had constitutional right OF power
to clean out haroor or open up river or IN any way
increase the advantages of our great natural water
and from to the close Of our late war
there years. gentlemen. in which not one ooar
appropriated, not one bar was taken out lro .ne
mauth OF any harbor river was cleaned OF
single not one step taken TO make tne great
OF this country possible or saie. bl Snco
the last gun of war was fired, the Repuoican
party coming into the hed nave done more ior .ne
ever done Ia af the previous by all the parties
that preceded It. seventyseyen per cent OF al tnat
has been done by the Republican party SINCE tue SS
gun Of the war fred. Applause.I Ana the party
has thus put itself In ne aud made ready the future .,
yhat believe 10 be one Of greatest questions that
has ever confront ed American people, namely, the
ron inc producer OF American wealth aud the
consumer OF it all tue land We are ready 70 con-
through ii by the preparations have already made
As has been said in your resolutions the Democratic
mltted to the Constitutional dogma tEat we nave no
rig TO do auy OF taeso things Inc kepuoean pat Ky
have exercised the rgr Claimed the right asserted the
duty and viii carry OUT their duty In graphing that
question and set;ng It, believe, 10 INC lnteress
OF American industry. Now. If have Isuicapea III I,s
very rude wsy what seems to the future OF Amer
lean statesmanship have done ali and more Imam
SENATOR SHERMAN ON THE CURRENCY AND LIE
- ISSUES BEFORE THE REPUBLICAN PARTY.
From speech before The C0lagtas tOnpersoHs n
What will be the effect of destroying conn.,
dence ia pubic securities aud the public Idlhf Mhat
would be the effect of hurrying home our discreiteu
deDtf What will I've the result te Unted states snoe
10 violation OF the public faith begln 10 pay QUIZ
its newly printed notes Ia paYment OF Donds AZ Is sS
danger to public credit that ought now TO be grap
pied with and thrOited the people of ONO with the
fierce energy they RraPped and throttled gh
in 1863 Untarnlshed honor pure tnat u Is nO
m Y free ".
Is the prize OF Sia6e-men mag not ATTAIN W. pt
organized STA es can FeIlow-czens this movement,
yhefber ,ndey the omen dag of population raised by
the Indiana Democrats the covert eyasve threat OF
repndiation IN the Ono Democratic platform Is dis
honor shameless papabe, and fragrant, with winch We
Republicans have TINS day made issue. ,....,
Allow me to say not and ought not to rely
solely upon the honorable record of the Republican
party the past. party that assumes TO administer
government like must keep with the chang
ing events of tine time Every year has its issues and
good principles aud good conduct 90 not alwayss
solve with issues. In very snort period
the whole cycle OF political questions Changes now
were called upon specify the nrst requisite Oh a
party TO administer the government now III these new
times would say economy economy, economy. Inls
is tine difficult virtue 10 practice especay AFTER
period great expenditure IL would be easy 10 snow
you gentlemen, that the Republican party In Congress
has entered upon the true course oy reducing IHe OK
penses the National Government ior tbe year
the OF q millions year. but thefe is ample room
and verge for greater reduction and Ose.e seiS y,
honest purpose III Congress 10 carry out us pVcy W
What we most need IS very are nf
of local axes-and still more very great limitation Vi
the power OF local taxation. .
The next object we ought have in view to return
To a
know upon this point there Is Nlde ulnerencc VI
oDniOn and must not be lnJOleranU Win edch o'SL
when we differ sui believe the Intelligent voice Oh
the people II that We cannot attain real pCeper VIII
no man can cheated with false values until our aDor
We lad months of weary talk on subject in Con-
gress and although positive, direct step TO-
ward specie standard, yet We did prevent anu.
trust forever any retr0grade step III the opposite
direction The general result IS that no meas
aie sne Sa standard wnile we VIII in due time
agree upon some decided though moIerdte
measure to hasten the time when the dollar OF our
naper money Will buy much as dollar OF real money
Nor viii this result when produced deprive us OIL tne
hank notes or United States notes. Of both; but only
that IL will make this paper money what IL promises IL
quantity of the paper money Will be the amount OF 1t
that can be maintained at par with CON- on ths ques
ton though am sorry to say, we as Hep9Ohcans are
nor entirely agreed far better OIL IN that re-
spect than advers res. Tue law of the last session
will result benetciaiy and is in the right direction Tue
long standing sectional complaint about the
~ ,tonoI bank circulation has been honOrably settled
New banks may be organized III any OF the anu
Western states. and TINS not DY ne increase Vi ueisG
ated notes. but by the transfer OF Circulation from he
st, where they had more thah theIr shale' " tLe
Vest they had less Our grievance was noH .tae
deprived OF our right II. This law also settled the
dangerous power claimed by the Secretary OF the
Treasury increase volume Of paper money 10 the
extent OF $4,000 coo at his will Il also provided sys-
TEN OF actual redemption Of bank notes, ny Wnoh tne
people will get clean, banX nOUes Ior tie iuuatcu,
dirty, and defaced we had. on, Tor one step
further make these notes as good as gold, ana ~
INC Rennblican marty will take this step. II will
pete the cycle Of great financial measures winch IL nas
had the honor 10 propose and adopt
The next most Important aud difficult question that
as party must meet IS the reduction and smphca-
ton of National taxes-and upon THIS point Jhe people
have the assurance what have done the past
q guarantee and guide for the future nave rapldy
and wisely-almOst too hastlly-reduced and slmpned
taxes There are two topics that likely TO enter
into political controversies tnat nave not YET Oeeh
so developed by discussion TO justify me In dennng
the position OF the Republican party, w. lodeed tney
capable of political issue mean the transp"rta
ton and labor questions. And az to both or these
know no better rule OF dctOn han 10 ehEe tne " ue
laws of supply and demand without invoking the power
viey of the strikes ana the "Grangcrs the one to
promote the interests of mining and mechanical labor
and the other the interests OF farmers-t obvious tnat
II we are to deal with the vital OF the hour,
must study phases OF political strife. and be
Ter able to deal with them than the Republican party.
There Is another ordeal to which the Republican party
adopted by any party, namely, the duty OF seexami
II has freely and proudly cOurted invited and
trusted agents 1t yer evaded refused such
investigation. No Anch0rte carried his seexami
what has been the RESULT No DOUBT here and there
misconduct, neglect and violations OF law OF of official
1t otherwsel When will II be otherwise
While governments must be conducted by
| exist When were they ever more severely
punished than by the Republican party or
perhaps ought 10 by healthy public opinion, that
will excuse less and demands more of pubic agents
than ever before. have been a member OF ten Con-
sGoSScSt N"ii soy 10
been exact and careful IN performing public duty-as
free from all just suspicion Of faint cOrrupton-as
aOOr10us and palnsiakng-n0r as able IN the general
average Of ability, the present Congress. Aud
also say from history and from observation, far
goes, that there never assembled in this country
Congress free from the vice OF intemperance. I
believe, gentlemen, that while the issues pre-
sent and discuss are changing, that the moral tOnethe
educational standard-the general intelligence OF
peoples higher, better and more advanced than
before, ana that they are prepared 10 demand from
their political leaders and organizations consider
ate measures and more thoughtful discussion without
he and am fne thar
Our friends or the opposition TO be greatly
ced lest Gen. Grant should be the choice OF the Re-
publican party for a third term aud they have an
alarming resolution t1at subject II is only to be
wondered they did not resolve that the good OF the