The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-09-08

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Senator Sherman.
Mr. sherman then proceeded 70 discuss the
History ~ the art that bears his name. lie was
not liz favor OF the free coinage OF silver and
regarded It as hut another name for the moao-
metallism OF silver. ana was only IN favor u
che purchase OF silver for purposes OF coilng.
The conferees of the two houses asrced upon
ltheir differences. ana in that agreement
secured the repeal OF the Bland-Allison
act. Mr. sherman reminded senators when
they criticised the law that was named after
him. they should remember that this law
on the statute books was far better than either
the house hin that passed by the senate.
The president had. Mr.. sherman said. set
forth the decline In tbs value OF silver, but
failed 10 give the causes Of the decline Had
he taken . broader view Of the causes
of that decline he could have explained il all.
II was due. Mr. sherman said. TO the fact that
VIC werc called upon to pay our debts. debts
payable In gold. England was the great cred
itor country. and we should neither he ashamed
of nor hate her; we are her children and par
take much Of the characteristics OF the parent
stock Englands losses in the Argentine Re
public had to be made good. and she
returned our securities and demanded the
gold needed to save her own institu.
lions from going down For the first time also
ia q number Of years the balance 81 trade was
against us. and we had 10 make the difference
good. After discussing other matters contrib
uting 70 the present condition. Mr. sherman
declared that an erroneous impression had
been created when IL was claimed that the Sher-
man law was the cause OF all the trouble.
and this. he said. with all due Difference 10
Mr.. Cleveland still the fact was that congress
must deal with a situation and not a measure.
file relieved in giving the devil his due. (" and
vas ready 20 stand by the law. not as q meas
ure in which he took any special pride. for he
wns compeled to yield in order to prevent
disastrous legislation without this law what
would the country have done In 1891 aud 1892
had It been called upon them 70 meet the
difficulties now staggering He was not
new convert to the repeal OF the law but year
ago he had introduced bill TO suspend the
operations Of the law. II worded almost
exactly like that OF Mr.. Voorhees, why did
not the democratic senators then see the dan
gers they now see, and come 10 the help OF the
republicans when they sought TO suspend the
Cfws Not democratic vote was had then and
democrats must answer why.
This very currency famine was not through
fear that the money Of the country was not
good. and the people should not be deceived a.
70 the reasons for the repeal Mr.. sherman
did nor believe the repeal Of the law would in
any considerable degree relieve the country
from the existing stagnation. Its repeal
would case the money market from the
dreaded fear OF the free coinage OF
silver Tho law was denounced hy
Dake>hift. II was makeshift. and good
one II tended 70 prevent the Ills growing out OF
the free coinage Of silver The democratic
party was now charged with great responsi-
bllty and Mr. sherman warned them that II
they attempted 70 alter the existing tariff laws
they would plunge the country into deeper dis
tress than now exists.
Taking II for granted that the sherman law
would be repealed what 81 the future, Mr.
sherman, while not the adviser ~ the fcmo-
critic party said he was entitled 70 give his
opinion as an American citizen First OF an
w must preserve intact the parity 81 all our
money. II might he necessary to issue our
securities 10 secure gold 10 maintain this
parity, The only way by which we can sum
marily secure gold.
Al this point 81 his speech Mr.. sherman de-
waited from the direct path OF his argument
reply 70 and clear away the charges and asper-
sions made ~ senator's and others In connection
with his socalled act demouctlxlng silver In Is73
and he confessed TO some annoyance al
the stntcmant made the other DAY ~ Mr.
Voorhees, that the action OF those who had
managed the legislation had been stealthy aud
treacherous.
MIR voorhees, declared that nothing could be
farther from his purpose and intention than 70
say an unkind or disrespectful word about the
senator from Ohio. That senator was not In
his mind when he uttered those words But as
they we're disagrccable or offensive TO him he
expressed regret az having uttered them and
de Jared himself incapable OF inficting an AZ.
roni unprovoked on any gentleman In the sen.
ate Or elsewhere.
Mr.. sherman said that certainly he did not
desire 10 say anything on the matter being
satisfied that what the senator from Indiana
had said was due to his exuberant eloquencc
fLanghterl lie intended now 10 produce the
pullic record OF the matter and make the act
OF 1873 plain and clear and 10 show that the
whole proceeding was free from corruption.
and was honorable 10 congress. and hereafter he
said. 10 angry and excited tones when any man
makes that imputaton will simply say that
Its felsehood. and brand Il so now. There
mas never been any bill freer from wrong In.
'nIrnce than the act Of is73, and 70 say that Il
waf passed surrcptiiiously Is o falschood ana
q liz by whomeyer uttered
Ar sherman devoted some time to an ex.
posure 81 the falschnod OF letter written BY
someone who avowed himself as an anarchist
aud VINO profcsSed 70 repeat statement sup.
posed 10 have been made to him ~ Mr. Ernest
Sciad a. 70 having hribcd congress 70 pass the
law OF ls-3 lie declared that Mr.. Sciad was
On extreme himetallist any man within the
sound of his voice and that the statement OF
the obscure anarchist vas lie made out Of
vwhcls cloth
Mir sherman boldly avowed his connection
with the legislation Of ls53. ana said salIuding
90 Mr.. stewart. Of nevada that he would
not plead the baby act. The senator from
Nevada representing. rs he did 5000
Intelligent, active industrious people In.
eercsted In the mining OF silver and gold
ought 70 have known Ut that time whether the
dollar OF the Daddy was dead and gone or
nos" he Qucet from . spsech made BY Mr.