The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-10-09
Democracy's Tariff and State Bank-Note Dec
larations rs Great Menace to the Conn.
try's Prosperity as Civil War Would Be.
Facts for Workingmen to Consider Sub.
mitted in Speech by Orator Depew.
x.SenatOr lngalls's Opening Gun Directed at
the Kansas POpulists-General Weaver
Permitted TO Speak at Pulaski. Tenn.
SPEECH By SHERMAN.


PHILADELPHIA, Oct. S.-Senator John
Sherman arrived In this city at 2:30 o'clock
this afternoon and was met by the commit
tee of the Manufacturers Club. which has
charge of the series OF Republican meet
ings which was inaugurated by the
one addressed by Governor McKin-
ley. The Senator's time this after
noon was taken up largely by an
impromptu reception which he held in the
suite of rooms engaged for him at the
Stratford. When asked what he thought
of the situation, he said: II take a very
hopeful view of the situation, hut be-
lieve that the result of the contest de-
pends upon New York. The general idea is
that there is wonderful apathy in the
canvass. This may be so far as the
speech-making is concerned, hut the result
of my observation las been that this feel
ing does not extend to the people. The
public is taking great part in this can
vass and the voters are anything but
apathetic. Their interest seems to be in
tense"
After the reception. Senator Sherman &C.
cepted the invitation of members of the
committee to take a ride through Fair
mount Park. 1t was late when the party
returned, and the Senator had barely time
TO get his dinner before the committee
waited on him to escort him to the Academy
or Music. Twenty-Five hundred people
were at the Academy tonight to hear the
Senator speak, Postmaster general Wana-
maker and Mayor Stuart being anon Y the
number. The Senator was introduced by
Thomas Dolan. president of the Manu-
facturers Club. He was freely applauded
throughout his discourse. The Senator
said In part:
llow-cltlZenss Iadies and Gentlemen-When
was invited u speak to you 1 told that
this was to be q meeting OF business men to CON
slider business questions involved in a president
tai election. WILL therefore, confine myself TO
ousidess issues distinctly made between the two
s.eat pontleai parties OF our country.
The whole aspect OF the tariff question has
been changed by the recent action OF the Demo-
cratic convention at Chicago For the first time
IN the history or our country, during one hun
dred years of national life. has a national party
dared TO proclaim that tariff for protection is
unconstitutional and Is fraud upon the laborer
for the benefit OF few. This has not Deen done
IN secret nor with equvocal phrases limIta-
ton. but openly after debate aud a vote by the
strong majority of old yeas TO 31S nays In
democratic convention In which every district,
and state, and Territory was fully represented.
ibis is a bold declarati0n-as bold as the re-
belli0n-and should be met by the American peo-
pie IN the same spirit they met the rebellion.
ihcre should be no truce or parley until the issue
Is determined not Dy war but by the voice of the
people. The significant fact appears that this
resolution was voted against by the great pro-
duclng states OF the North and voted for by the
late confederate states; that in substance it was
taken from the confederate Constitution; that il
was In opposition to the opinions and acts of the
great leaders OF the Democracy, living and dead,
and among them several from Pennsylvania, OF
whom not the least was the sterling Democrat,
the oftenrepeated declarations in in DE Democratic %
national conventions, and in spite OF a large
minority of the members of the recent conven-
Thepower to impose;duties on imports originally
belonged to the several States The right to ADJUST
of domestic branches OF industry is So complete
~ Identical with the power that Ii is difficult to
suppose the existence of the one without tho
| other. The states have delegated their whole
| authority over imports 10 the federal govern
| ment without limitation restriction, saving
| their inspection laws. This authority having
thus entirely passed from the States the right to
exercise 1t for the purpose of protection does not
exist In them. and consequently. II 1t be not pos
sessed by the general government it must be
| extinct. Our political system would thus
| present the anomaly of people stripped of the
/ right TO foster their own industry and TO coun-
| teract the most selfish and destructive policy
| which might be adopted by foreign nations.
/ This surely cannot be the case; this indspens-
ible power thus surrendered by the States must
be within the scope of the authority ON the sub
ject expressly delegated to Congress.
/ They tell US that protection Is fraud on
| the laboring people for the benefit of few.
| What right has the Democratic party of to-day
/ TO speak for the laboring men OF this cOuntryl
| What measure has IL adopted or proposed
| to advance their interests, To promote their
comfort or increase their pay. Every one of
| the great acts OF public policy adopted by the
| Republican party which have distinguished the
| last thirty years has tended to promote the good
| OF the people, of the common people, as Dir. Lin
| coin called then and none has been more fruit-
ful or good TO the people. and especially To those
who labor, than the Republican policy of protect
| ing their industries from undue foreign compe-
tition. This rule of protection has been extended
| by the Mckinley law to all forms of production
wages on equal terms
Congress may not In all cases have fixed the
1t % % fSr s ss upon b1
| principle adopted is plain and simple, that in
collecting our revenues from imported goods we
will discriminate in favor or home production as
| against foreign productions competing with ours.
| This Is the Republican policy OF protection. TO
| secure and maintain which we ask the people of
| the United states to re-elect Benjamin Harrison
| as President OF the United States and TO elect a
| Republican House OF Representatives.. III
the Republican party succeeds at this cleo
| tiOn the protective policy will be maintained and
| the Mckinley law Will only be changed as the
| experience of the time demonstrates the neces-
| sity or amendment Ii the Democratic party
| succeeds we must be prepared tor violent
! changes In our tariff laws, To De made without
| regard to the wage apd interests of labor or or
| the capital employed in manufactures This
| threatened destruction OF our home industries is
made by On unnatural alliance OF the cotton
| grower in the South, the free-trader in CONNER
cial cities and the dilletante dudes who now fol-
low the fashions OF the old world because 1t is
| English. you Know
policy of great Importance TO which have re-
ferred, Ia whether the coinage OF silver shall be
free, whether the holder of 4l2la grains OF
standard silver 37114 grains of pure silver
can present ii To the treasury of the United
States and have IL coined for him into dollar.
That much silver is worth in the market about
| 81 cents. IL the coinage of silver il made free
then all the silver now in existence estimated at
$4,000. 100000. and all silver hereafter mined,
which amounted last year at coinage value ia
$lS5. ,OOU and annually increasing. could be
brought TO our mints and coined into dollars the
| expense of the United states and for the benefit
OF the owner OF the silver. The inevitable effect
would be 10 reduce the purchasing power of the
dollar 10 90 cents The dollar in gold wouid
then disappear from circulation end be worth in
the market nearly Sl.50 / believe President
harrison would veto a free coinage measure
| What SIR. Cleveland would do cannot say. He
does not tell us. The subject viii enter largely
| into congressional debates. No man ought to be
elected to Congress whose position on this ques-
ton Is not clear and unequivocal.
| Now, what we want Is both gold and silver
money, but always maintained at par with each
other-money having the same purchasing
power. How can we gct i'll The simple answer
s by putting enough silver IN the silver dollar "a
make il equal Ia value to the gold in the gold
dollar. II 81 Il grains are not enough. put into
the silver dollar 4s0 grains or $50 grains Give
the people an honest dollar and thus settle the
| silver question.
A measure OF graver import than even free
| trade or a silver standard is presented In two
lines in the platform OF the Democratic party re-
L anti Ir nd tnh nf lab