The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1893-06-29
WANTS A FRESH START.
Ciev"i-nd Wants Unqualified R.prul of
tho Sherman Law.

tho Shornan Law.
WAsIIINGTON, ID. g., June 2O.-pres
ident Cleveland has decided to exert
every influence within his province &c
accomplish the repeal Of the Sherman
act, without compromise or substitute
Oh any KIND, as soon as possible after
Ihe extraordinary session COnvenes in
September The silver men have been
so strong In numbers and so strenuous
in their demands in recent congresses
that few have believed that the act
could be repealed without some con
cesSlons. A month ago the president
himself considered the prospect ex.
tremely doubtful. Since then, how
ever, the people have become better &C,
Quainted with the operations of the
law now in force, and the demand for
its repeal is no longer confined to the
East, but has reached both the West
and South, and is daily growing in
those sections Of the country. The
president thinks it will continue tC
grow during the summer months, and
the indications seem so strong to his
mind that he has determined to urge
the plan of no compromise, and all his
efforts, so far as silver is concerned
between now and September 1St Will be
L
Of the silver men. therefore, that they
would be able to utilize the monetary
depression and the popular demand fol
Grange in the silver law to their own
advantage will surely be dashed to the
ground.
This does not mean that the pre- 81
dent is a relentless enemy of the white
metal or that he has reached the con.
cluSiOn that it can be dispensed with
On the contrary, nobody better appre
ciates the fact that there is not sutfi
cieut amount OF gold in the world tO
meet the requirements of trade, but the
whole question of silver has become
SO muddled in the minds of both leg
lslators and people since the Bland act
became operative that he considers it
absolutely necessary to brush away all
the cObwebs which now obStruct the
vision before attempting final solu-
ton of the problem. Using a homely
but pertinent expression, he thinks
that the country "has had its head in a
basket" so far as silver is concerned
owing to the incessant discussion OF
| the different phases OF the subject, and
the first thing to do to obtain the ad
vantage Of intelligent action IS to re
move the basket; in other words, to re
peal all silver Legislation and then take
sufficient time to prepare plan for tht
proper use OF silver which shall b. b Dtt
sensible and permanent.
Personally the president is not
monOmetalist. TO say that he is be
cause he believes it wise for the tim,
| being TO return to the gold basis i
quite as absurd as the thoroughly eX
ploded charge of his opponents tha
| because he believes in reduction o
the tariff he is necessarily a free trader
The reasons which induce him tt
take his present position are exactly a:
stated above. There is however, all ad
dItional factor of the greatest import
ance which he has been obliged to con
slider and which has influenced in no
small degree his conclusion. This il
the effect which the unconditional re-
peal of the Sherman act is sure to have
upon other nations. The session Of the
international monetary conference
failed not only to produce but even to
point towards a solution of the pro-
blem which would be mutually salts
factory. The cause of this failure to
an International agreement was appar.
ent at the time. While the United
States was willing to buy the silver
bullion OF the world and pay for it in
gold, all that tho other nations could
desire was being accomplished to their
eminent satisfaction because they were
not compelled to bear any share Of the
burden. The disposition which they
manifested still EXISTS and will surely
continue while the Sherman act re-
mains upon the statute books. But
the moment it is repealed the other ma.
tiOns, especially France, whose inter
est in silver is far greater than that of
tho Inifnl StafpQ nnt fniI fn
preciate the necessity for definite &C.
tion. The president believes that the
first session of the conference demon
Strated cOncluSiVely that the only way
to bring the other nations to terms IS
to use their own weapons, which be-
cause of its food products and natural
resources, this country can use to far
greater advantage and with much less
sacrifice than either England. Germany
or France. In Il purely selfish game,
such as the other nations showed q dis
position to plav last winter, the l. nited
States can WELD the strongest club,
and the unconditional repeal of the
Sherman act will be Il notice to all the
world that 1T is fully awake to its op.
poI tunity and means to exert the
power which It, possesses to It's own ad-
vantage.
The president DtlleyeS, therefore,
that the delegates to the monetary con.
ference which is expected to rc.assem
ble in November, will be in a far bet
| ter position than they were last win
ter, providing. of course. the existing
| law be wiped of the statute books III
! the mean time. He is convinced that
under such conditions the other pow.
ers, instead OF repelling all advances
| as they have done thus far. will be only
too glad TO meet this government halt
| Wav. If this hope should be fulfilled It
IS easy to see the possibility of a settle
ment for all time, and certainly to the
satisfaction of this country. Of the
most VeXatiOns Cf existing problems.
HonOrc1.
NASHVILLE, Tenn, June 21-Th(
Doara OF trustees of the Vanderbilt Tn
fO-hn " l,Srn al