The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1893-01-24
sherman's Gail for Volunteers.

We have watched the career of John
Sherman since the war with considerable
interest, and he has never yet, so far as
we know, sought to impress the public
III any other way than by employing the
arts of deceit and unvcracity. From the
time when he engineered the act of
RECOMMENDATION through congress In 1878,
and cOntradicted himself and lied about
it on the floor of the senate, as the public
record will show, no has pla-ed the
part of a sneak. We are conscious that
in saying this we are paying q tribute
to Sherman that viii make him dearcr
to the republican heart. lie has sought
this kind Of not0riety, he has won 1t,
and he is entirely worthy to enjoy it.
We need not advert to any special
period Of John Shcrman's career to show
tIlat his policy his always and Invariably
been in the direction OF deceit and IN
Teracity. Ii is only necessary to point to
his latest performance in order to show
that he stands now where he stood in
1873. when he demonetized silver, and
IN 1876, when he went down into
Louisiana and engineered the purchase
Of the returning board Of that state.
His latest performance, though not on
a large or offensive scale, is quite as
characteristic as anything he has ever
done. He has set out TO show that it Is
the democrats Of the senate and not the
republicans who will oppose and prevent
the repeal of the silver act OF July Ia,
1890. and, in order to do this, he issues
what bis friends are pleased to term a
challenge to the democrats He says that
il he can find the democrats who viii
pledge themselves to vote for the repeal
OF The act, he will see tnat ittis wiped Off
the statute books.
In this matter, his duplicity is not swift
enough to conceal itself. Is the present
senate a republican or Il democratic
body? Is it not the same senate that
passed the silver act by a strict party
vote, ana afterwards passed the Mckinley
acts? If it is not the same senate, what
has become Of the body in which the re
publicans had the ma jOrity? Why should
ten democrats be called on to make out
republican majority to aid John Shcr-
man aud o,herS Of his kidney in repeal
ing al act that is the only thing that
stands between the people and the mer-
cenaries who are doing their utmost to
plunge the country into q panic incon
CeiyaDiy ruiuouS2
Henry Clews, who Is not by any means
favorable to tho free coinage OF sil Eer,
does not by any means pretend to close
his eyes to the dangerous results that
may follow O. repeal OF the silver act.
Mr. Clews is one Of the forces Of Wall
street. Referring to the proposition to
repeal the silver law, Mr.. CleWs says:
If the forcing of d gold basis should
plunge this country into a panic, as 1t
would very likely do by making money
so stringent that speculation and invest
ment would be brought TO state Of
comparative stagnation, the experiment
would be very expensive" Mr.. Clews
adds: There is not enough money In
circulation to go around now, and 1t is
not hard to imagine the result If one
third of 1t were taken suddenly out Of
the system. II the panicky stringency
were started, how would it he stopped?
Ii would be very like a confiagration that
has got q good start before the arrival
of the fire engines. But the gold monopo-
lists would not be anxious to let go the
great leverage which this system would
afford them for concentrating the wealth
OF the country and the world into more
circumscrbcd circle. What would be
come of Mr. Bourke COclrans Jackson
ian and Jeffersonian principles in such az
event?'
Now, here is testimony right out OF
Wall street Here is i man, thoroughly
familiar with the ton, who sees the
danger that may ensue from the uncon-
ditiOnal repeal of the silver act and he
lifts his voice in warning. 1t is q bold
thing for Mr. Cews TO do. His financial
friends are all anxious for the country
to take the plunge which he predicts.
The New York Chamber of Commerce,
the New York exchanges and the whole
coterie of gold m0nopoiists are clam
moring for the repal, sending out circulars
to the commercial exchanges of the south