The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1892-10-09
POLITICAL WORLD.
A Large Audience Listens to
Sherman in Philadelphia.
INGALLS, TALKS AT TOPEKA, KAN.
Pennsylvania Democrats Deny Charges AL
leged-No Fusion in soath Dakota
Weaver in Tennessee-Notes.

PHILADELPHIA, Oct. S-Senator Sher-
man arrived here this afternoon and was
met by a committee of the Manufacturers
club, who escorted him to the hotel, where
an impromptu reception followed. This
evening a large audience assembled at the
Academy of Music at meeting given un-
der the auspices of the Manufacturers
club. Senator Sherman was orator of the
evening and received an enthusiastic ova-
ton.
Senator Sherman said, for the first time
in the history of our country national
party dares to proclaim that q tariff for
protection is unconstitutional aud fraud
upon labor. This bold declaration is as
bold as the rebellion and should be met by
the American people in the same spirit.
There should be no truce until the issue is
determined by the voice of the American
people.
The significant fact appears that the res
olutlon WAS voted against IN the Demo-
cratic convention by the great producing
states OF the north and voted for by the
late confederate states That in substance
1t was taken from the confederate constitu-
ton That it was in open opposition to the
opinions and acts of the great leaders OF
Democracy, living and dead.
The senator argued in support OF the Re-
publican position and said If that party
succeeds at the coming election the pro-
tective policy would be maintained and the
Mckinley law would only be changed as
the experience of time demonstrates the
necessity of amendment. If the Demo
cratic party succeeds we must be pre-
pared for violent changes in the tariff
without regard to the wages and interests
of labor or capital.
Speaking OF silver the senator said il the
coinage Of silver was made free then all
the silver now in existence, estimated at
81, 000, 100000, and all hereafter mined,
amounting last year at coinage value to
| SlS5, 000, GEO. and annually increasing,
could be brought to our minis and coined
into dollars at the expense of the United
| States and for the benefit of the o. ners OF
silver. The inevitable effect would be TO
reduce the purchasing power OF the dollar
to o. cents. The dollar in gold would then
disappear from circulation and be worth IN
the market nearly dollar and half.
No man ought TO be elected to Congress
whose position on this question is not clear
aud unequiyocal. What We want is both
gold and silver money, but always main
tanned at par with each other and money
paying having the same purchasing power
| How can we get it! Surest answer is by
putting enough silver in the silver dollar to
make it equal in value to the gold in gold
dollar Give the people an honest dollar
and this will settle the silver question.
Speaking of the Democratic proposition
to repeal the 10 per cent. tax on state
bank issues, the senator said he was
amazed that any intelligent man, Demo-
crat or Republican, who has
lived long enough to know the
truth or read the history of
his country could now be willing to open
our doors to wildcat money. The choice is
between national money backed by the
power and credit of the government, and
exploded. rejected. prohibited aud uncon-
stitutional bills of credit issued by local
banks under the authority Of forty-four
states with powers as diverse as the ami
NAL creation The credit of some of these
states is already impaired by reputation,
and some have very limited resources al
ready crippled by debt.
In conclusion the senator said 1t Is now
the tendency of the Democratic party,
dominated by the south, to revive all the
issues before the war, except slavery and
disunion, and destroy all the achievements
of the Republican party except the pre-
servaton of the Union.