Iron County register., 1893-09-07

- l.su subject o. his speech. ana said: II DOM
snink that the stoppage OF silver coinage was
tno end Of silver. We have proved that the
mers purchasing OF silver by Us ON de-
Ginning market Is an improvtdent use OF the
public money and ought to be abandoned. at
least suspended until q time which may come,
when by IN International agreement or by
some provision of law. we may guard against
the possfbtlityof coming to q single standard
o. silver. That can be done. What do Fe do
now but simply stop the purchase OF silver.
We don't cay when we will renew Il again.
We simply say that now. in view of the possi-
otaty OF panic. 1t would be unwise for us to
waste either our credit or our money in
cellars Of the treasury. It was in
order TO give assurance that we do
not Intend to destroy the silver minfngindustry
OF the west that we put into the bill reported
by the committee the provision proposed by
the senator from Indiana Instead OF aiding to
| strike down silver would like to build 1t up.
and any measure that will do so and will not
dcmonetize gold will meet my approval and
support. But would not dissever the f1nan-
cial business of this great country, with its Co.
10000 of people. from the standards that are
now recognized by all the Christian nations OF
Europe. would not have any other measure
| Of value than that of the proudest and haughtf-
est country In the world This is not ques-
| tion OF mere interest to Nevada or Colo
RADIO. 1t is not question of what Wall
street will do. Wall street Will be always
doing some devilment or other, 1t makes no
| difference who Is up or down. take that as a
matter of course The question is What should
be done for the people Of the United States in
all its length and breadth, and therefore If con-
gress will say that in its opinion it Is not wise
now to continue the purchase OF silver bullion
there will be no injustice to Colorado or Ne
vada.
Arc we bound to build up the interest Of one
section Of the country at the expense of the
rest? No believe heartily and truly that
| the best thing we can do now is to suspend. for
the time at least, the purchase Of silver bull
lion.
Recurring to the SUGGESTION of authorizing
the issue OF bonds. Mr.. Sherman said: Il am
willing to trust to your executive ofacers II
you are not. 1t IS strange attitude In political
affairs. would give them power to protect tho
credit OF the government against all enemies
at home and abroad II the fight must be for
the possession OF gold would use our cotton.
our corn and our wheat: would protect our
would say that we prefer to wait awhile until
the skies are clear and until We see the effects
| Of the suspension Of silver coinage. and see
what arrangements can be made for an
other monetary confero9ce. In the mean
time let the United States stand on its
thes e clouds will dissipate. and that We may
go home to our friends with the conviction
that We have done a good work for our coun-
try at large. Applause
Mr.. Sherman concluded at 2:45, having occu-
pied two hours and ten minutes Portions OF
his speech were read from manuscript. but the
great part of 1t was delivered exte,apore and
tened to throughout with undagging attor tien
sud interest.