The record-union., 1891-08-28
THE FALL CAMPAIGN.
MARYLAND REPUBLICANS NOMI-
NATE A STATE TICKET.
Senator sherman Makes His Opening
Speech in Ohio Before a
Large Audience.
Special to the REcoRD-UN1oN.

/
OCEAN City, Aug. H,-The Maryland
Republican State Convention was called to
order to-day by Chairman Hodgeson. In
his speech he said harmony among the
leaders he held to be essential to the sue
cess of the party in this State.
After the appointment of temporary
officers and the usual committees, re-
cess was taken until 3 o'clock.
AT the afternoon session Colonel Will
lam G. Van Mort of Kent County was
nominated for Governor, Captain Nc
for Attorney General, and Enoch B.
Abel for Clerk of the Court of Appeals.
The platform indorses the Fifty-first
Congress, Harrison's administration, and
the brilliant diplomacy of the Depart
ment of State; condemns cheap silver
dollars, that cheat the laborer out of his
| wages and the farmer out of values;
| charges the State Democracy with plum
| dering the State Treasury; opposes the
| leasing OF oyster-grounds, and demands
| the repeal of the State registration law
and purifcation Of primary elections.
| SENATOR SHERMAN SPEAKS.
! PAULDING Ohio, Aug. Ex-senator
Sherman made his opening speech of the
| campaign to-day to 5000 people.
| Senator Sherman's speech, which was
| a lengthy one, was devoted entirely to
! the silver question, He supported the
! present Coinage Act, and said if Congress
| had provided that if all the silver
brought to the mint should be coined
into dollars no gold would be coined, for
an ounce of gold is worth more than six
| teen ounces of silver. Gold would cease
to be money. and would be boarded or
exported. No man would be fool enough
TO deposit an ounce of gold for coinage
into sixteen dollars when with it he
could buy enough silver bullion and
| have it coined without cost into twenty
| dollars.
Free coinage is all nonsense" he said,
| Under the new Coinage Act the United
/ States is purchasing monthly more than
the entire product of silver bullion in the
! United States, and all this bullion is
silver coin or legal tender Treasury
notes. We expended under this &ct in
! the purchase of silver bullion prior to
| August Of this year $50, ,191, ,S21, and issued
| that amount of Treasury notes, which are
in circulation. We thus provided an in
crease of currency equal to or greater
than the increase of business and popu-
| latlon of the United States.
zone distinctive striking feature of this
| law is that the United States will not pay
| for silver bullion more than its mark ct
! value. Why should we? Nearly all the
| silver produced in the United States is by
| rich corporations in few new States, and
It's production at the market price is far
more profitable than any crop of the
! farmer, and yet it is demanded by the
producer of silver bullion that the United
! States should pay him twenty-five per
cent. more than the market value. That
| lies at the foundation Of the difference be-
tween the Republican and Democratic
parties.
1.-The tendency of the policy of the
present Act will be to gradually advance
| the value of silver bullion to its legal
ratio with gold. and when this is reached
| both metals will be coined on equal terms
and conditions. / believe the measure
| will work out most beneficial results. 1t
has already, advanced the value of our
vast store of silver IN the treasury; it has
! given great activity to the production of
silver; it has furnished increase of circu-
| latlon; 1t has maintained the gold stand
ard, while utilizing silver to the utmost
extent short of demonetizing gold it is
| the key to our exalted, almost prominent
| standing in commercial credit an ma
tional honor among the nations of the
world; it treats both silver and gold,
| like all other commodities or production,
| as subject to the universal rule of being
worth what they will bring in the mar
kets of the world"
| Senator Sherman spoke of the vast ac-
cumulated hoard of silver in other coun-
tries of the world, estimated by statis-
ticians at S., $40, 81 ,346, and said the Demo-
Gratis are in favor of allowing any amount
of this to be flooded in upon us at the
] above terms. "Who can estimate the
volume of silver that would come into
the treasury if this policy was adopted !?
| 1t is public bid of twenty nine cents an
ounce more than the market price, made
at a time when silver is declining in
value, and when many Of the commercial
nations are seeking to convert their silver
intogold. They would gladly see us take
this load on our shoulders They will
gladly give us their silver at a rate of Is
to and take our gold. This is the doc
trine which it is expected the conservative
Democrats of Ohio viii adopt in order to
! gain support