Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1880-05-13
JOHN suEsmAx.

Secretary Sherman has been rapidly
coming to the front and gaining in public
favor a. . Presidential aspirant. In
view Of the close and bitter rivalry be-
tween the Blaine and Grant factions,
and the increasing probability Of . com.
promise candidate being the result OF
the Chicago Convention. Shermsn's
chances Of coming in a. the OZARK
horse" are looked upon by his friends
as ahead Of any. and within the last
few days washburns has been CORE
~spondinsly losing ground in that re-
spect. Sherman has already . strong
representation Of followers in the Prssi.
Dental contest, and IL recognized BY all
a. not only . stalwart. loyal and true
Republican American. but one especially
we'll vsrssd In the financial interests and
prosperity Of the nation. Evening be.
fore last he was present at the annual
banquet Of the New York Chamber Of
Commerce, and made several telling
points for himself In popular favor.
The telegraph says:
Secretary Sherman. answering . toast,
made Q speech showing the increasing
prosperity Of the country, which was evi.
dsnced by the advent BY nearly 5000. 900
emigrants during the past three years.
Our population II nearly $1,000. 900. our
mining are ~unbounded, . SEQ
ton which was regarded ~ . deseAt In his
boyhood 10 now, or loon will be. tho great
est wheat field and broadest pasture In the
world. The taxes which formerly barely
paid the expenses Of the government are
now producing . largo surplus monthly.
The years. surplus. will doubtless be
500, 900, 900. He congratulated them
upon the financial prosperity Of the coun'
try. Paper money should net be abol-
ished. but should BE- rsdsemable and main
tanned at par. 4 dollar Of silver should
contain enough grains to equal In market
value the gold dollar. Az . great com
mercial creditor nation We want the best
and highest standard. We could now
| convert our SIS. 000. 900 Of silver coin
and bullion. lying uncallei for In
the Treasury. into silver coin oil
an equal market value to gold coin,
| dollar for dollar. at . cost not greater than
the s~o-called profit No have already derived
from coming 1t. One months surplus
revenue will secure this result. "There
it," said the Secretary. ''one other branch
| Of your toast to which ! should allude-the
enlargement Of our agricultural manufac'
lures and this building. You need no,
disturb yourselves about u agriculture
and manufactures. No country In this
| world can vie with rs in the produstion OF
food and In its cheap transportation and
convenient facilities for shipment. In the
production Of cotton, wool and the ohief
articles Of food We need not fear the rivalry
Of any nation. Our manufactures for the
last ten years have moro than doubled. In
| one great industry alone We show our ma
| tional weakness. We have lost our su'
premscy in building ships. Iron ships
have driven from the sea the great body oil
| American vessels. II IL . reproach to III
that three-fourths Of our commerce 10 con-
Quoted under foreign flags. To corrsc,
this should be the primary objectof Amer
lean statesmen and American merchants,
Ship building should be encouraged. and,
IL necessary. skips should DO admitted like
other foreign merchandise, at such rates
Of duty and with such facilities ~ will en-
able Us to compete for tho trade OF the
world.