The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1892-10-09
The CHAMPION GOLDBUG
Senator Sherman Makes q Speech In
The Quaker City.
GRAND OLD PARTY IDEAS
How Protection 10 q Boon to the
Iaborer and q Cinch for
the Monopolist-Death to
Free Coinage.

PHILADELPHIA, Oct. s.-Senator Sher-
man arrived hero this afternoon and was
met by the Manufacturers club. which
escorted him to their hall. This evening
an audience assembled at Manuf acturers'
hall. Senator Sherman was the orator Of
the evening and received an ovation.
Senator Sherman said: "For tho first
time In the history OF the country
democracy dares TO proclaim tariff
Tor protection unconstitutional and
fraud upon the laborer. This
bold declaration is as bold ms the rebellion.
and should be met by the people in the
samo spirit. There should be no truce
until a settlement is declared 10y the voice
OF tho American people. A significant
fact appears that the resolution was voted
against In the democratic convention by
the great producing states of the North and
voted for by the late confederate states I;
that in substance IL was taken from the
confederate constitution. that IL 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 IL that party
succeeds at the election, a protective policy
only will he changed as the experience of
time demonstrates the necessity of amend
mcnt. II the democratic party succeeds.
We must Inc prepared for violent changes
in the tariff with regard to wages and the
interests Of labor or capital.
Speaking Of silver. the senator said II
the coinage of silver is made free, then all
silver now In existence, estimated at
Si0o.0O,0.0, and all hereafter mined.
amounting last year at coinage value 10
SIZE. 100000, aud annually increasing could
be brought TO our mints and coined into
dollars at an expense TO the United States
and for the benefit of the owners of silver,
the inevitable effect would be reducing
the power Of q dollar 10 60 cents. The
dollar in gold would then disappear from,
circulation and would be worth IN the
market near $50. A man ought no,
10 he elected TO congress whose position
ON this question is not clear and uncquiv'
ocal. What We want IL both silver and
gold money at parity with each Obj
Give the people an honest dollar and thu,
settle the silver question.
Speaking Of the democratic proposition
TO repeal the 10 per cent. tax on state
hank issue. the senator said he wa,
amazed that any intelligent man who ha,
lived long enough To know the truth ol
read the history OF his country could now
be willing to again open the door,
to wild cat" money. The choice
Is between national money, backed
by the power and credit o
the government and exploded. rejected
prohibited and unconstitutional bills o
credit issued by local banks under IN,
authority Of ~ states with powers ms di
vcrs as animal creation. The credit o
the states is already impaired by repndia
tion. and some have very limited resource,
already crippled by debt.
In conclusion. the senator said: ut !,
now the tendency Of the democratic party
dominated by the South. 10 revive al
issues before the war except slavery an,
disunion and destroy all the achieve
ments of the republican party except th,
preservation of the union"