The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-08-30

against failure and future disaster. The
second reason was that only by repeal
could the nation hope To attract foreign
capital, without which IL were vain TO
hope for an upward turn OF the coun-
try's business. 1--WE must put our
selves" he said. I'm position when the
time for that upward movement comes,
70 be able to command the capital OF
the world, which shall assist us on the
path to the next period Of prosperity
and progress"
Mr.. Reed paid his respects to the OBJ
lection that the proposed repeal was a
renewed decentralization OF silver and
characterized the charge that the law of
1873 was a trick as zone OF the most
stupendous fabrications which has ever
existed in political life" III there were
any appreciate value I'm the difference
or the two metals even as much as or
per cent. the cheaper would drive
out the other as the history of the Uni
ted States showed. Upon the assertion
that the repeal Of the Sherman law
would increase the burden of the Dor
rover, Mr.. Reed said there will always
be borrowing and lending world, and
1t Is Of the first Importance. not less
10 the borrower than 10 the lender.
that laws upon this subject be made in
spirit Of fairness and justice to both
classes.
Mr. Reeds Conclusion.
What. then. is the pathway of duty?
The unconditional repeal. That will
either give relief or not. II not, then we
must try something else. and the sooner
the better. 1t is a matter of deep re-
greet to all sensible men that we have
delayed so long Men are today strug-
Cling almost against fate and praying
for relief. The banks are strained
ofr 20
such a pity that we had to waste so
much time in this weary weller of talk.
We stand I'm very peculiar position,
we republicans. today. The representa-
tive OF the democratic party just chosen
president Of the United States finds him
self powerless In his first great recon-
mendation to his own party Were he
left TO their tender mercies, the country
would witness the spectacle Of the pres-
dent Of its choice Overthrown by the
party charged with this country's gov
eminent. What wonder then that he
appeals TO the patriotism OF another
party, whose patriotism has never been
appealed 10 in vain2 Never, l say, in
vain. The proudeSt part of the proud
record OF the republican party has been
its stea dfast devotion to the cause OF
sound finance. When the country was
tempted TO paw it's bonds in deprecated
money the republican party responded
with loud acclaim TO that noble senti-
ment Of Gen. Hawley that every bond
was sacred as a soldiers grave. II cost
us hard fighting and sore struggle, but
the credit OF this country has no SUI
perior in the world. When the same ar
Euments heard today were heard fifteen
years ago sounding the praises OF a de-
preciated currency and proclaiming the
glories Of fiat money the party of Abra-
ham Lincoln marched steadily toward
specie payment and prosperity What
Il In
our DAYS of defeat-champions of true
and solid finance. and when the day
comes. as IL surely viii come. for US to
lead this land back 10 the paths Of pros
perity and fame which were trodden
under republican rule for so many years.
we shall take back with us our ancient
glory. undlmmed by adversely; our an
cient honor. unsulied by defeat