Grand Rapids herald., 1892-10-09
In A BUSINESS WAY
We Should Look ar the Politi-
cal Questions.
so SENATOR SHERMAN SAYS
BTisf synopsis OF an Attr-ss Delivered
BY Him IN Philadelphia
Last Evening.


The republican meetings which was IN
angurated by the one addressed by
Governor Mckinley. Twenty i've hun
dred we're Al the academy tonlght TO
hear the senator speak. he Was intro
dueed by Thomas Dolan, president Of
the Manufacturers club, and was
freely applauded throughout MS dis
course.
Ia beginning MS address Senator
shsrmsn said ne should confine him.
self 10 the business questions involved
10 the presidential election. Enterin z
upon tne consideration of the tariff he
said that the whole aspect of the ques-
ton had been changed by the action
OF the Chicago convention, IN declar-
iog that tariff for protection WAS un-
constitutional, a declaration never be-
fore made by a great party eontesnng
for the presidency. lie thong ut 1t was
bold declaration, as bold as the re-
bellion, and should be met by the
American people a the same spirit as
they met the rebellion. and that there
should be no truce or parley until the Is
sue was determined. tie said: 1.-THE sig
ultcant fact appears that this resolu-
ton vas voted against by the great
producing states Of the north, and
voted for by .he late confederate state;
that IN substance u was taken from the
confederate constitution; that II was IN
open opposition TO the opinions and
the acts of the democracy, living aud
dead, and among them several from
Pennsylvania, OF whom not the least
was the sternng democrat. Samuel j.
Randall. 1. was made IN the face OF
oft-repeated declarations IN democratic
national conventions, and IN spite of q
large minority OF the members OF the
recent convention"
want some Kind OF Protection,
After stating that protection to
American industries bad been the na-
tlonal policy ever since the nation bad
an existence, q policy favored by
every president from Washington to
Jackson, the senator continued: Even
after the democratic party had drifted
under the control Of the south their
national platforms resolved IN favor of
incidental protection or moderate pro-
lection, always some kind OF prote C.
tion: but never until this year did they
venture TO declare protective duties
unconstitutional. When the re-
bellion commenced The southern
section adopted constitution
and IN It prohibited protective duties,
but after the war was over, in every
national democratic platform, we had
the same old platItudes about Incl
dental protection. or some other kind
OF protection, except real effective pro-
lection. 10 was so when Mr.. Cleveland
was nominated. lie ventured to ex-
pound and expand his opposition to
protective duties and the people re-
spOnded by the election Of Benjamin
HARRISON. Now. IN this year or our
Lord, 1892. they declare protective du-
ties unconstitutional.
Amerieaa Policy for Americans
Senator Sherman spoke at some
length on the const.tntiOuality aud the
advantages OF the protective policy,
and SAID Il was the policy for the far
mer, the manufacturer, the laborer
and the producer IN every field of in
dustfy because Il prevented them from
close and hard competition with the
nggregats wealth and pauper labor of
Europe and Asia. 1t WAS the ATneri-
Gao policy for Americans and should
have the support of democrats and re-
publicsns al Se. The question of
free coinage of silver was treated by
the senator IN an exhaustive man
ner and also tne question OF the
rCvivSl Of the ststs banking currency :,
whiCn ne said vas measure OF grayer
import than was ever free trade or
silver standard. The democrats IN
tAsir platform recommend that the
prohibtory ten per cent tax on state
isnk issUes be repealed. This, If ac-
compilshed. the speaker declared.
would bring upon the country all the
evils ot tne banking system IN vogue
before the government currency was
issued. After describing the wild cat
currency once used, ne sald:
Must Re secured by Government.
"Aftsr enjoying the beuetitsof n safe,
sound. redsemsble currency tor the
past thirteen years. since the resump-
uou of specie payments. the people
need not resort either 10 irredeemabls
paper money iss1ed by the govern
msnt. such "a We had before rssumP-
ton, or 20 the loss. bankruptcy and
ruin caused hy state bank psper
money before The war. They will accept
nothing but money issued, supported
aud sanctioned by the general govern
msnt. always Reasonable n com Of the
highest value IN TIE markets of the
world. They need no banks Of ssue
tt stand between them and the govern
menk Though the national hanks are
the safest anu best corporate agencies
which issue circulating notes vet de-
vsed and ought ta Re retained. yet the
people VII never consent 90 the issue
ot notes unless secured by the nited
states"
The senator said be she'd 90 treat
the democratic party fairly, a. Il =
composed OF great botv Of honest
ard patriotic citizens, brit the frift of
events had carried that party from its
old moorings n opposition 20 nearly
every doctrine snd l1ne ~ prbicpoiicy
1t rad once advocated lie sad
They cali themselves Iefersonian
democrats. ard vet oppose the pol cy
that Jefferson favored It - now the
tendency of the democratic party.
dominaied bv the south. 70 revive
al the ssue. before the var.
excspt slavery and disun on and
destroy a. she achievements OF The re-
pnbHcsn psFty evcept the preservation
of the union TIE republican psrfv
saeks t0 complete - wofx by strength.
snirR the union e nas saved t0 deal
fuparfiaiiv with All sections and
cisss.ss, % Fnsiutain aud inipTave upou
49,. as.r.s,.F r-artnrfat .srr~aralu Il s.s 90