Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-07-05
Mr.. sherman OIL, the Currency.

That was an interesting interview which
was reported in our issue of yesterday as
having occurred on Monday between Mr..
SHERMAN and a reporter for Chicago
paper. MIR. SHERMAN is the financial
leader of the Republicans-Tecogniz as
the highest authority on finance amongst
the statesmen of that party. He is a
Republican first. last, and all the time
and speaks for his party when he speaks
al all. How" asks he, Twill the hard
money Democrats like il if the act repeal
Ing the SHERMAN silver law be loaded down
with free Stated bank currency" We
can answer for all such Democrats that
they would not like 1t at all, but we can
add that there is no such proposition IN
the cards in the hands of the Democratic
party. The proposition to which Mr.
SHERMAN alludes is not to establish free
Etate-bank currency, as he charges. but
simply to repeal the Federal tax on the cir
culating notes of State banks. This latter
Is to be passed as the BLAND bill was passed
because the people demand more
money" or, as some of the advocates of the
repeal phrase il. they ask for cheaper
money" or. money that will not flow
90 the money centres, but will hang around
the little villages and non-commercial
communities IL may be that MIR. CLEyE-
LAND has yielded to the demand for the
abolition of the 10 per cent. law, but it Is
not conceivable that he will approve any
bill which looks to the debasement of the
national currency or TO the use of any cur
fency in Virginia which is not good in
New York.
Mr. SHERMAN proceeded TO indicate what
we may suppose is TO be the currency plank
Of the next platform upon which he ex-
poets his party TO plant itself, and his
guarded language Is worthy Of study. II
think" said he, THAT no money should
be allowed in this county which has not
back Of il the full guarantee of the United
States Government" That cry may grow
snto clamor against any secession money
or States-rsghts money. General Field.
of Virginia. has declared in almost identi-
cal words what the Populist party will de-
mand on this subject. Mr.. FIREMAN add
cd, strangest Of all, that his party would
probably become the Greenback party.
Treasury notes." said he, chat is. green.
becks.) ito be issued in such manner as
~ meet the needs of the people" would
seem to promise 10 answer the purpose Of
the opponents of state-bank notes.
There 10 lively future Just ahead OF us.
The two parties IN Congress will probably
De ct sea upon financial questions. Each
party VIII be anxious TO know what the
people desire In the premises. II Congress
Adjourns before December il will not be
because that body has no business to do.
but because both parties wish TO skirmish
for position. Tariff reform. as well a.
financial reform. will claim the attention
Vt our law-mskers. and these two qnes-
tions Of themselves will suffice 70 keep
Congress In Washington In extra session
Until nearly che time for thsrsgular session
90 commence.
M. SmRHAs. We say. speaks for his
party. But he rsckons without has host
vben he assumes that the Democrats In
Congress viii consent 10 debase tbe
sslkad currency because they Cor their