Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1878-07-16
SOMETHING OF SECRETARY SHEER
MANS TRUE INWARDNESS.


III r,sp There is false, d.ncing light,
Soyr Of the pUtrescence Of the Louisiana cor
ruption, which entices them on into the shore
less shadows of the land of the nightmares
and the morasses of political jim-jams; but
they will stumble over the Andersons and be
Knocked by the Jenkses which stand afar and
fool them with romances and ambitious I'M
ltations of the fables of Lemuel CULVER.
But if this or any other Committee would
dive down into the depths of the Secretary s
true inwardness, let them institute an inves-
tigs'ion in the direction of something substan-
tial. Let them probe to the bottom Sher-
mans dealings with the bond Syndicate; and
let them turn their inquisition upon the
doings and dealings OF that willy officer in con-
nection with the purchase of silver bullion
for the uses Of the Nints Of the United States.
II is hinted by way of suspicion that MIR
Sherman takes grist of the silver merchants,
and Ia lining his pockets with the percentages
vi an advantageous but wicked and infamous
brokerage And this it is toward which the
San francisco Post, in the article herewith
reproduced, very plainly hints Says that
oaosr: Secretary Sherman is reported as
sny,nr, when demonstrated with for purchas-
Ing foreign silver, that he had no means of
knowing where the silver came from. If he
maeia such response, it was piece OF very
small pettfoging. There is q very direct way
for the Secretary of the Treasury to know
what he is doing in the indicated direction,
AMI that IL to purchase Of tho producers OF
American silver. When Mr.. Sherman buys
silver If Messrs. Seligman, of New York,
Frankfort, Berlin, Vienna and London, lead
Ing iasmbeTs of the bond syndicate, it is pre-
suuptiye proof that he is buying of those
who's, ain viii he to get their commodity III
the cheapest market, be that Germany,
Senegal, Mexico, India or London, SO that
THEY u!y make the largest margin Of profit
posa;h'e. Why should the Treasury employ
. ba,l,'g house more European than Amer
IcaY - character 20 supply the United States
Mas 18th fine silver. Even if the Govern
ment paid as much for American silver as for
the hoard imperial Germany piled up in order
to destroy the double standard, and make all
commerce and business tributary to the mono
metallic countries, who is there to- complain?
Would it not he wiser to help keep on The
wlurl tho wheels of AmericaC industry and
enterprise, at least to the extent Of Govern
ment demands As matter of fact, the
Treasury can purchase in this city at the
@n" price as it is paying for the silver accuS
mutations of Germany, or any other foreign
'ourcos If supply. Our silver can DC put into
tho san Francisco Mint at tie London
quotations, with the cost of transportation
added This is exactly what Mr. Sherman is
paying now. suspicious inquirer will pro-
baby ask, however. "But what becomes of
the brokers commission, if purchases are
made nero, and where will the rule of add
'lnn, division and silence come in, as applied
to the Treasury officialsl" Probably too,
such mind would consider the Wall-street
Berlin operators as more likely to appreciate
this rule than are the great silver producers
Of our coast. We do not say that there is
any foundation for such suspicious queries,
hut alas, appearances are deceitful, and peo-
pie will be- censorious Taking another vie y
NJ the matter, how often is it to be repeated
that the business of an administration is not
primarily to ecOnonize, but in reality to
wisely expend the trust funds the people
through taxation place in its hands Is itnot
WISE TO buy at home, and so make labor
active and enterprise successful Mr.. Sher-
man has bought abroad Sc, 000,0O0 out of the
50 900 900 in silver used to coin the new
dollars. We should like to know what per
centage the Seligmans made on the trans |
actions! We know well that there was no |
need OF their having the opportunity of max
ing any. The Secretary's whole policy in re- |
lation to the RECOMMENDATION of silver IS of |
shifty, tricky and dishonest character. He |
is in every possible way using his power to
evade the plain purpose of Congress in re-
storing the double standard He is, in fact,
so directing the whole operation, both in
the purchase Of metal and the distribution of
the coinage Cor rather its non distribution.
as, first, to keep the standard dollar out of
and second, to enable his Wall
street ntImates to make profit at the public
expense. Mr.. Sherman has shirked respon-
sibihty, evaded his duty, aud is tricking the
country Ia this whole matter of RECOMMENDATION
and resumption. He proves himself to be