, 1879-07-15
SECRETARY SHERMAN,

no objection to the story.
SECRETARY SHERMAN.
Ho Talks to the Philadelphia Merchants.
8pteta! Dtssateh 10 M 1stsunt-
PHILADELPHIA, July 14.-1t raa "Quakcr
City" that organized The 1rst Hrant rrcsI-
drntta1 Club. In 1857, long before the Rcpub-
lean National Convention mel. It WAS Don
Cameron and bis Pennsylvania delegation In the
Cincinnati Convention that mado Hafes the
standard.acarer Of the Republican party 10 1870,
aud it VAS COMPANY Of Philadelphia capital
lists, merchants, and shlpping.men who
TODAY give the Sherman Preefdeut!ai
movement the first boom. It was
given out last week that he Intended
opening the campaign In Maine by the first
speech ever made BY him IN the Pine Tree State,
and that, by goiag 10 sea, he would repair dam
ages to his system By too cloto sticking to bis
Office desk. Collector Tuition, who Is no small
politician himself, and quite a. quick as his
superior to SEQ how events may be mol1ed, was
fully equal to the occasion, and revenue-cutser
was put In order to show HIN tic RiFcr Della.
ware. That be might sec 1t with competent
guides, leading bank presidents, editors,
members Of the Maritime Exchange,
und officers Of Tie Commercial, tho Gro
GERS, and the drug Exchanges were tnsItcu
to 20 along. An excellent caterer was also en-
gagged. It MAS htgh noon when he arrived from
the Continental Hotel, where he had Hpeut The
night, aud he was suon RliduE up THE river With
chart laid down before him, The Invitations
we're pretty generally accepted and all the
DorIc, Drexcl, md Ill OF uTaus'a personal
friends helng conspicuousty absunt, This fact,
in itself, was quite enough to give q political
turn to tile affair. The Secretary had quito an
for all had tllcir bunting out BY express
request Of tho Collector, nnd thy tugs all
gave bin shrtek OF welcome. The only ex-
ceptton was at the naval establishment at
Leseup Island which wns rs quiet , Is 4 scsrs-
making began as anon az the boat left Chester,
where stop had heen made to bring Congress-
man Ward aboard. Randall might have cornu
on ut thc same tine but he did not Join his
the cutter headed for Cape Mny, where the Der
retary will breakfast tomorrow and then pro-
coed to New York. where ha will change custcrs
and proceed on bis wuy eastward.
II the r'tsftFrs Assaetaf*d rftss.
PuILApELrIuA, Pa, july 1s.-sccretRry Sher
man, accompanied bv committee Of the MARI
time Exchange, the MAYOR. Speaker Randall aud
other Congresslncn md wcli.known citizens,
went On euaEd the rcvenue-cuttcr Hamilton TO.
day and started on the inspection of the Delu-
ware River and iIhrbor. This completed, tho
Hamilton will take The Secretary along the East
ern eoast on official visits
Aftor the party, whirh numbered about slxty.
bad pastaken OF refreshments. William Bsoclic,
President Of tho Maritime Exchange, called the
meeting to order, md introduced Secretary
Sherman, Who said:
celved your klu1 Invitation TINT / would pe
called UPON t. make specch, and do not un-
tlerst4llL that mr. friends hero desire me to
make speech; but / will commence by return
Ing thanks for the pleasure that hare enjoyed
fn Inspecting the slorca Of the Delaware uni
witnessing ttse Immense progress md growth OF
the commerce Of this great Cityof Philadelphia.
1t prcscnta d combination Of trade aud co,n-
nesce ttlAt know OF tn no ottler city In this
country; but as those points are quito familiar
to you viii not enlarge upon il.eit,.
III regard 10 the resumption experiment, my
friend has paid mo compliments that aru entire
j. exaggerated. do nut desire anv such CON.
rrcat @ deal too much abused bY arent many; u1 ;
now am nraisei for great many things don't
deserve. SO ! bold pretty fair ba aocc. Ind
M Idea when assumed he Office now bold
t'as i would be rood thing to get haes to ;'le,
a,n pretty stuhhorn about the PRINCIPLES bold
to, md tf,at will carry out what I begin. I
never lad any doubt about the abi-
tty to ~, resumo-nono @ nom, at ,, a!. a ersot
who hear Me thought 1t was not a wise under.
tal;lng to attempt TO nake slr vast volume Ut
our piper money equal to gold; that NC did
not co,n enough to do It, Was the ju.lge. I
9r IL L aecu on and ~ acsusen @ s 70 Do to-
The result has beon happy nns beneficial to a1l
classes Of interests, and all Industries, UNI. 10
tie rich And poor,-those wlo labor as well AZ
those who 8pend tnoney,-nll afe benefited by
q turreucy such as We have to-day.
Nuw, gentlemen. thtnk have said MI |
need. ! aul very hopeful or The future prs,gress
Of our country. Wn are happily situated con,,-
pared With o1her countries. We hare broad,
broken with the pillow. We have lDincs, cotu-
pared With the cllor,,,ous yield Of which tlIu
Yaunted mincs Of Peru werc poor a,l,i sean..
The CoEnet0ck lode and others are greater than
years sco. labor was sufferlnr IN tic principal
c!tirs OF ths Country. htcn wcEu nfra!a
our Institutions could not stlnd thu
strain nl!d would braak dowu. md
lint In Englan4l. Frunsc or tiern,aily had CONE.
People wers suffering. nit! could NIT get work,
and discomfort rnigncd aupre'ns. solile vent to
thu uncult!Vated lands In thu West, ntl.ets went
a"aT. anu migrasion tlnally eqaa'xesl tho de-
years. believe there 10 not my part .! tllu
un!tea eintes where honest labor caInot get an
hh,,est dsys work, and lunest nioncy to pay fur
It. There are thosc Who held that our CURRENCY
never could 10 niatnta,ned cguul to coin witt,
demand on us of $60,UU, 0U or 43V0u, ,NW q
year. l can say IL You now that we have
means. 30 rnrcly do thor cure abs,ut gold or
silver for money that only $!.M0.0o1 have been
drawn for notes ard gFecnbaeka. THIS Ia tho
stras,gest thing about It. NuW thAt Vuld u 10
easy to get nobody cares to tnke tho trouble Ut
CARRYING It. 1t ii fact that III every muuth
last wear nnd the ycar before that there was
moro guild paid trota ths Treasury tnan has nuw
been demanded fsom the lat u Januurs Of this
rear to the present tine iur all purposes, and
our notes, instead Of bsing 10 uF u per cent b.
low par. NOW Tint VIC nayu gold anu eilyeF to
pay them on demand, are actually ut
Franclaco wanted nutcs instead VI gold. ai,i wc
refused to give trm grcenbarks. III New York
asa Philadelphia uo una wants gold. When
tl,ey couldn't get It Everybody wanted It, When
they eau, noludy doea.
Kesunipt!o,, ID now lxed fact, but we have
got tu stand Dy and not let duLlnRogues anu :
trIckstesa eheat us OUT Of what We layu aceom-
pll.hcd.