Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-05-17
the BUCKEYE ICICLE.
John Sherman, of Ohio, and Don
Cameron, of Pennsylvania.
THE LATEST POLITICAL TURN
Significance of Don Cameron's Return
from His European Tour--The Pres
ence of John Sherman in
Philadelphia.

PHILADELPHIA, May l6.-John Sherman
is here and he has talked. Little or nothing
of Mr. Sherman has been seen IN the papers
regarding his candidacy for the Presidential
nomination, but there can be no possible
doubt he wants it. He is too shrewd not
TO see that an avowed canvas would be
futile 50 he takes the easy "Barkis is
WilHn'" route. In the course of his inter
view which was mainly on financial ques-
tons, Mr.. Sherman managed to say some
strong things for certain man, the same
whose name is John Sherman, of Mansfield
Richland county. Ohio. He said:
I'VE are neither in panic nor on the
verge of it, unless my judgment is seriously
at fault. The country is not in anything
like the condition in which 1t was in 1873,
when the financial crash of that year came.
Our financial status is .entirely different
The present troubles are local, not general.
Reckless speculation, the creation OF hcti-
tious values in stocks and the sharp COM
petition on railroad securities are the cause
for the existing difficulties. Ii is extremely
easy to create distrust in monetary circles
when there has been such a tluctu-
ating market AS there has becnin New York
for several months past. look upon the
present troubles rs simply result ot over
irading in securities that for long time
have been merely the foot ball of Wall
street While there is a business depreS-
sion there il no real financial distress, and
the resources of the country are ample and
stable. 1t is not diHic.lt to find remedy
for the present evils if people would refrain
from dealing in securities on products which
they do not hold or control
No Serious Effect.
"WiIl the present furry have Il serious
ehfect?'
81 think not. 1t may have very benef-
cial one 1t will make people more cau-
tiouS about placing their money in risky
ventures. and turn their attention more to-
ward legitimate business enterprises
Troubles of this kind are simply an admo-
ntion TO those who have surplus means to
remember all successful fiscal operations
must have a solid foundation
How 1t VIII Effect Politics.
What bearing will tho trouble have upon
tie Presidential campaign"
None whatever. 1t is nothing more
than a temporary embarrassment at the
financial center Of the country. So far
there are no indications that it has reached
levond New York CITY ! don believe it
will extend into the country. If it does
not become general it will have no influence
upon political parties think the worst is
over. From this time on there will he a
better feeling
For Sohn sherman.
regard the success of the Republican
party as of more consequence than the am
bitiOns of any single man. 1t would be un-
becoming in me to discuss the relative
merits of candidates have faith that the
Republican Convention will do the hest
thing for the party We are confronted
with many difficulties this year aud may
have ANYTHING hut an EASY race for the
Presidency Our vital issue is the tariff
Much depends upon the declarations of the
Democratic Convention upon that question
am not giving our own convention any
advice ~ 10 the candidates for President
am more interested in the economic con
di;ion uf the country than in politics.