The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-09-08

Stewart IN the senate IN IuSH these words:
II want the standard gold. ami no paper money
that Is not reieemable In gold By this proeess
I We shall come % q specie basis. and when the
lahorer shall receive his dollar II shall have
the sam purchasing power a. a dollar of gold
the universal standard OF the world Every
| body knows that"
The citing o. those quotations. showing such
a remarkable change on the part OF Mr. stew.
| art. provoked general laughter az the expense
| OF that senator. who looked somewhat bcwil'
| derca tut only strokei his long beard. Suisse
| quently. however. he promised to reply 20 Mr..
sherman on Friday next
Mr. sherman f0llowe up his advantage over
the Nevada senator ny exhibiting newspaper
published In that state. one whole side Of
which was occupied with notices OF assessments
! on silver mining stocks. allnayaole In United
States gold coin Then he came back To the
main sn Jet Of his speech and said: II don't
think that the sioppage OF silver coinage was
the end OF silver We have proved that the
mere purchasing OF silver hy n de-
ciinlng market T. an improyiiont use Of the
public money ana ought TO be abandoned. at
least suspended until a time which may come,
when nv an international agreement or by
some provision ~ law we may guard against
the possibility OF coming 10 single standard
of silver. That can be done. What do we do
now hut simply stop the purchase OF silveri
We don't say when we will renew il again
We simply say that now. in view OF the posi-
bility OF panic. II would be unwise for us 10
waste either our credit or our money IN
buying that which must lie In the
cellars OF the treasury IL in
order 10 give assurance that we dc
not intend to destroy the silver miningndustry
OF the west thar we put into the hin reported
BY the committee the provision proposed by
the senator from Indiana. Instead OF aiding to
strike dowl silver would like 10 build il up,
and xxff IA nrl ,xf11
demonetize gold will meet my approval and
support. But would not discover the finan-
cial business OF this great country. with its s.,
10000 OF people. from tie standards that are
now recornized by all the Christian nations OF
Europe. would not have any other measure
of value than that OF the proudest and haughti-
est country In the world. This is not a ques-
tion OF mere interest to Nevada or Colo
RADIO. II Is not a question OF what Wall
street viii do. Wall street will be always
doing some deviiment or other il makes no
difference who is up or down. take that as
matter OF course. The question Is What should
he done for The people OF the United Stat : Ia
all its length and breadth. and therefore II con
rress will say that in its opinion it Is not wise
now 70 continue the purchase OF silver bullion
there will be no injustice TO Colorado or Ne
vada.
Are we bound 10 build up the Interest OF one
section OF The country at the expense Of the
rests No. | believe heartily and truly that
the hest thing we can do now l. TO suspend. for
tho time at least the purchase OF silver bull
lion
Recurring 10 the suggestion OF authorizing
the issue OF bonds. Mr. sherman said Il am
willing 10 trust 10 your executive officers. II
sou arc not. n - strange attitude In political
affairs would give th<m power TO protect the
credit ~ the government against all enemies
~ home and abroad. II the fight must ne for
the possession Of gold would use our cotton.
our corn and our wheat l would protect our
credit AGAINST ail mankind As to silver. |
would say that we prefer to wait awhile untl
the skies are clear aud until we see the effects
OF he suspension OF silver coinage. and see
what arrangements can be made for an
other monetary conference In the mean
time let the United States stand on its
strength and credit / think that soon all
these clouds viii dissipate and that we may
20 home 10 our friends With the conviction
that We have done a good work for our coun-
try Al rye Applause
Mr.. sherman concluded at 2ss having occu-
pied two hours and ten minutes Port.cEr ~
his speech were read from manuscript. hut the
great part OF II was delivered extelnpore and
with great rapiiitv and force He was lis.
tened to throughout with unfiagging attention
an interest