The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1892-10-25
IoHn PERFIDY.

Again has John Sherman been caught
in the knavish act of betraying the
people into the hands of the Shylocks.
So glaring has been the act that he is
obliged to confess. The worst of his
confession is that be wants to apply
the remedy for what he ~confesses to
have been a failure" And anybody
who knows John Sherman knows that
his remedies are worse than the dis
eases which he proposes to cure, says
the Chicago Express. He is simply let
ting go to get a better hold.
Here is what the Chicago Times says
upon the subject:
Assuming the role of a great fnan-
cier, Senator Sherman secured the pas
sage of the silver act bearing his name
two years ago. He proclaimed then his
faith that it would settle the silver
question in the interest of the people.
He knew then, as he knows now, that
the p~retense was as much a falsehood
as those which have characterized his
other meetings with the national
finances. He sought the demonetiza-
ton of silver at the command of his
Wall street masters. He accomplished
his object though his party had solemn
ly pledged itself to the use of silver as
money. He exploited his achievement
before the people of Ohio in the cam
paign last year as one emitting him to
the support of honest voters. He now
c~onfesses the failure of his infamous
act and asks Congress to repeal its
most important provision. Let fair
note be had of the story:
"Under the old law there was a GER
tain amount of silver dollars coined
monthly al full legal tender dollars.
To that extent there was use of silver
as money. 1t was not a complete re-
turn to the time honored custom of the
country. But it was in a measure a re-
lief to the people and a degree of pro
lection against the absurdity of what
is termed the gold basis By his law
of 1890 Senator Sherman provided for
the discontinuance of the coinage of
silver dollars save such as might be
needed to redeem the notes issued in
payment for the bullion purchased by
the government in terms of gold
This was the characterization of silver,
conceived and executed by the cunning
trickster who had once before accom-
plished the same infamy. By this act
silver was deprived entirely of its use
as money. In accordance with an I'M
varying law the metal deprecated in
value. Having secured his end, the
Ohio gold bug now asks that all pur-
chases Of bullion be stopped. He, con
fesses the correctness of the charge in
the Democratic platform adopted at
Chicago that the Sherman act Of 1890
was a cowardly makeshift fraught
with possibilities of danger in the
future which should make all of it's
supporters as well as its author anxious
for its speedy repeal.
Republican organs will still uphold
John Sherman as their greatest fnan-
cier. He will once more go before the
people as the champion of honest
money. Partisans who have shouted
their denunciations of Democratic ten
dency to demonetize silver will accord
him the same blind support they gave
him when pursuing the opposite course.
But the great plain people of the coun-
try will have seen in this last confession
of his folly reason for refusing him
further credence either as a statesman
or honorable defender of popular
rights"
~ MORE ROTTEN EGGS.