Los Angeles daily herald. [microfilm reel] (Los Angeles [Calif.]) 1884-1890, 1888-01-05
TWO SPEECHES.
John Sherman Expends
His Usual Venom.
THE WABASH SYCAMORE
Makes & Noble Defense Of PPesi-
dent Cleyelsnd's States
manship.
Associated Press Dispatches to the HERALD

prayer by the chaplain and roll call,
the debate ON the Presidents message
was in order.
Senator Sherman began his
speech at / O'Clock. "The Pres
ident OF the United States" he
said, Gin departing from the prac-
tice OF his illustrious predecessors
dropped from the recent annual
message all reference to the foreign
relations Of this country, and the in
teresting questions on National affairs,
even emitting the usual recognition
Of the Supreme Ruler Of the Universe,
and postponing all things celestial
and terrestrial until the surplus
revenue should be gotten rid Of. The
existence Of the surplus revenue has
been 4 constant occurrence before and
since the close OF the war. Instead OF
its being danger, its indication is to
continuous increase in the domestic
productions Of the country, and OF its
foreign and domestic commerce, and
Of the steady improvement in its
financial conditions. Larger SURPRISES
had frequently been dealt with wisely
by the Republican administrations,
either by reduction or repeal OF taxes
These simple remedies had been ap
piled in the administration OF each Of
Mr.. Cleyeland's predecessors since
the close OF the war, without the cry
OF alarm being raised. Tho Demo
Gratis had now had control of the
House since the SUCCESS OF the Missis-
sippi plan, except for two years, and
it had not proposed a reduction OF
taxes. Why had not tho President
followed the example OF his predeces-
sors by using the powers conferred
upon the Secretary of the Treasury
and applying the surplus to the seduc-
ton OF the public debt. His admin
tration had changed the form OF the
debt statement SO as to con-
ceal nearly $4,000. 900 OF money as
unavailable assets. Ii the President
regarded this growing surplus as dan
gerols, why had he not brought his
influence to bear upon Congress to
provide for reduction OF taxation.
Proceeding to details, Sherman said
that on over one-third Of all the arti-
cles OF foreign production, consumed
in this country, there was absolute
free trade. They were mainly such
articles as could not be produced here,
and did not come into competition
with domestic industry, and with that
kind OF free trade he was in sympathy.
Moderate protection given to labor
and capital employed in mining and
agricultural industries was a favorite
point ofassault by the President and all
freetraders upon protection policy.
The farmer performed as valuable
labor as the artisan, and the rights OF
every producer should have an equal
and just consideration, without fear
or favor; and yet the President had
selected that class Of productions I'M
der the name OF raw materials" for
destruction, and lad especially select
ed wool as al article not to be pro-
tected. His whole argument rested
on the allegation that the price OF
wool was increased to the extent OF
the duty, and but for The duty the
merchant could buy wool cheaper in
South America and Australia. This
argument was falacious, because the
DIES tructipn OF the wool industry in
the United States would at once ad-
vance the price of wool i'll foreign
markets. But even if the argument
were true, it would apply as well to
al domestic products and to all
manufacturers. Wool was com
pleted article Of the farmer, just as
cloth was OF the manufacturer and as
coat was Of the tailor, and the OBJ
lection that a duty on wool raised the
price to the consumer applied as we'll
to 4 duty on cloth and on every article
on the tariff list. The all-sullicient
answer was, that duty encouraged
the production OF wool, manufacture
of cloth, and OF an infinite
variety OF articles produced by Ameri-
can labor now competing with foreign
labor. Cheap labor in this country
meant degradation 10 American poll
tics. He had thus endeavored to
give respectful answer to the Psesi-
dents message. He was willing to
correct Irregularities of the tariff and
reduce the surplus, not by a vicious
and indiscriminate process OF hori-
zontal reduction, but by such methods
as would relieve the taxpayer without
iniuring the laborcr or the great pro-
ductive Industries of the country.
At the close OF Sherman's re-
marks Voorhees, took the floor.
He denounced the statements OF
Sherman, Teller and other Repub-
leans as insincere and misleading
and asserted that by the way OF prepa-
ration for the coming Presidential
election the Republican legislators
were endeavoring to put the President
and the Democratic party in an atti-
tude OF hostility to American manu-
featuring interests. Under the leader
ship of Cleveland the Democratic
party demanded such revision OF the
tariff for the reduction OF the revenue
and the surplus and such an
administration of the power of the
Government as was most beneficial.
The frosts of November would blight
the Republican Misrepresentation and
rebuke the Republican Senators who
characterized as "humbug" the fear
less and statesmanlike message Of the
tTSSitSiits AIC oiOJSSb Vi ia "a
was az old as the Government itself,
and yet it was as full Of interest to-
day to the laboring masses. The con-
traction OF the volume Of the currency
had always been a policy marked by
disaster and suffering. But when
that abominable policy was further
aided by snatching the money OF the
people from their hands at the rate Of
$40 600 900 month, every honest
man had to revolt against such wan
ton robbery, and yet the Senator from
Colorado had sneered at the idea Of
the surplus beingof any consequence
and the Senator from Ohio declared
| it was fortunate for the country that
that there was surplus Of $55 ,000,.
600 In the Treasury. It would be fol
that Senator, If he could become the
Republican candidate for the Presi
dency, to explain why It was fortu
nate that the peoples money wa
laathared into the Treasury In exces