The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1879-07-16
SECRETARY ssHERMAN
On Tour of Inspections He Makes Another
Speech on Resumption.

On a Tour of Inspectioze He Makes Another
h Speech on Resumption.
PHtEADELTH1A. Pa. July I4.-Secretary
manfne maSSr SS soeaRer Randa G
and dher congressman and welI-known. citi-
zensAwent on beard the revenue cutter Ham
ilton Ito day, and started on the inspection of
the delaware river and harbor. This COM
pleted, the Hamilton will take the secretary
Aftar the % party, % which IL numbered % S about 60,
had partaken of refreshments, VIM. Broskie,
presieent of the Maritime Exchange, called a
} Gentlemen did not Expect. when I re-
called upon tomake speech, and do not un-
derstand that my friends here desire me to
make speech but l VIII M commence o'ansa by re-
aVf Of the Delaware aha Witnessing nVdse fhe
of i1Esr shis great of s
country,.but as these pointsare quite familiar
to you, Twill not enlarge upon them. In re-
gard to the resumption experimeat, my friend
exaggerated. do not desire any such COM
plimentA A year or two agoJ thought | was
many Things I don't Heserve, SO /
hold pretty fan had had an iaes
specie. payments. They say lam pretty stub
l.
/ VIII carry out what begin. 1 never had any
doubt Of the abiltt5 to resume, none at all; a
great many good men. some of these no doubt
who near me, thought it was not a wise under
taxing to attempt to make vast volume OF
our, our paPer, PEI, 80, money zone equal % to gold o
on my side, the power to bring it abou. and
happy and benef6iai to ali classes of Interests
and a Industries, and to the rich and poor;
those who labor as well as thQse who spend
mn n fad hxv mob
as we lave to-day. Now, gentlemen, L think
have said all 1 need. l am very hopeful o1
happily situated, compared with other coun-
tries; 1--WE havea broad uninhabited area oi
sSs has Sesn Sok Sb by P9agn
value OF which the vaunted mines of Peru
were poor and fcant; the Comstock lode and
tory OF the world. Two years ago labor was
suffering In the principal cities Of this coun-
not 81 sta the ss strain and would is break down %
and that period Of depression, greater than
that in England, France or Germany, hao
come. People were suffering and could not
| get work, and discomfort reigned supreme
Some went to the uncultivated lands IN tht
ahers finally Ten' equsilsssa aTas ahs shs
dema3n ,is,s n = and supply, Of labor
any part of the U6ited states where ere homes o @
labor can not get an honest days work ant
honest money to pay for it. There are thos'
maintained equal TO coin with demand OF
us of $S0600,C COO or s90.0OOOOO year. i can sa,
| to you. now that we have the means. so rarell
| do they care about gold or silver fbr none!
| that only S,000OO0 have beeh drawn
| for notes and greenbackG Thi
| is the strangest thing about il
| now that gold is so easy to get, nobody care
| to take the trouble of carrying 1t. II is a fac
| that in every month last year, and the yea
before, and the year before that, there wa
more gold paid from the treasury than ha
now been demanded from the LIST Of Januar,
of this year to the present date for all purposes
! and our notes instead of being 10 or Is per cen
| below par, now that we have gold and silve
| to pay them OF demand, are actual
| at a premium. The treasury department
| in San Francisco, wanted notes instead O
| gold, and we refused to give them greenbacks
In New York and Philadelphia no one want
| gold; when they could not got it, everybod
| wanted 1t; when they can, nobody does. Re
| sumption is now a fixed fact, but we have GO
| to stand by and not let demagogues and trick
sters cheat us cut of what we have accom-
| plished.