The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1893-06-29
WANTS AFRESH START.
C'ev"i-nd Wants UrTualiiied R.rru, OF
the Sherman Law.

the Shorlnan Law.
WASIIINGTON, ID. g., June 2O.-pres-
ident Cleveland has decided to exert
every influence within his province to
accomplish the repeal OF the Sherman
act, Without cOmpromlsa or substitute
OF any Kind, as soon as possible after
the extraordinary session convenes in
September. The silver men have been
so strong in numbers and 80 strenuous
in their demands in recent congresses
that few have believed that the act
could be repealed without some con
ctSSlOnS. A month ago the president
himself considered the prospect ex-
tremely doubtful. Since then, how
ever, the people have become better ac-
Quainted with the operations of the
law now in force, and the demand for
its repeal Is no longer confined to the
East, but has reached both the West
and South, and is daily growing in
those sections Of the country. The
president thinks it will continue to
grow during the summer months, and
the indications seem so strong TO his
mind that he has determined to urge
the plan Of no compromise, and all his
efforts, so far as silver is concerned,
between now and September 1st Will be
eXerted in that direction. The hopes
of the silver men. therefore, that they
would be able to utilize the monetary
depression and the popular demand for
a Grange in the silver law to their own
advantage will surely De dashed to the
ground.
This does not mean that the pre- 81
dent is relentless enemy of the white
metal or that he has reached the con-
clusiOn that it can be dispensed with
IN hfo ,t,,r E,t
ciateS the fact that there is not a Sutfi
cieut amount of gold in the world to
meet the requirements of trade, but the
whole question of silver has become
so muddled in the minds of both leg
iSlators and people since the Bland act
became operative that he considers it
absolutely necessary to brush away all
the cObwebs which now obStruct the
vision before attempting a final sOlu-
tiOn of the problem. Using homely
but pertinent expression, he thinks
that the country "has had it's head in a
basket" so far aH silver is concerned
owing to the incessant discussion of
the different phases of the subject, and
the first thing to do to obtain the adj
vantage Of intelligent action IS to re-
move the basket; in other words, to re
peal all silver Legislation and then take
sufficient time to prepar" plan for the
proper use of silver which shall b.. b 9TH
sensible and permanent.
Personally the president is not a
monometalist. TO say that he is be
| cause he believes it wise for the time
being TO return to the gold basis j.
quite as absurd as the thoroughly eX
ploded charge of his opponents that
because he believes in reduction OF
the tariff he is necessarily a free trader
The reasons which induce him &c
take his present position are exactly as
stated above. There is however, All ad-
dltiOnal factor of the greatest import
ance which he has been obliged to con-
slider and which has influenced in no
small degree his conclusion. This is
the effect which the unconditional! re-
peal of the Sherman act is sure to have
upon other nations. The session of the
international monetary conference
failed not only to produce but even to
point towards a solution Of the pro-
Dlem which would lie mutually salts.
factory. The cause of this failure to
an international agreement was appar-
ent at the time. While the United
States was willing to buy the silver
bullion Of the world and pay for it in
gold, all that the other nations could
desire was being accomplished to their
eminent satisfaction because they were
not compelled to bear any share of the
burden. The disposition which they
manifested still EXISTS and will surely
continue while the Sherman act re-
mains upon the statute books. But
the moment it is repealed the other ma.
tiOnS, especially France, whose inter
est in silver is far greater than that of
the United States, can not fail to ap
preciate the necessity for definite &C.
tiOn. The president believes that the
lirSt session OF the conference demon
strated cOncluslVely that the only way
to bring the other nations to terms is
to use their own weapons, which be-
cause of it's food products and natural
resources, this country can use to far
greater advantage and with much less
sacrifice than either England. Germany
or France. In purely selfish game,
such as the other nations showed q dis,
position to play last winter, the u nited
States can WELD the strongest club,
and the unconditional repeal of the
sherman act Will be notice TO all the
world that IT is fully awake to its op.
tunity ana means to exert the
power which it, possesses to It's own ad.
vantage.
The president believes, therefore,
that the delegates to the monetary con.
ference which is expected to re.assem
bic in November, will be in a far bet
ter position than they were last win
| ter, providing, of course, the existing
law be wiped of the statute books IN
the mean time. He is convinced that
under such conditions the other pow.
ers, instead Of reprlling all advances,
as they have done thus far. will be only
too glad TO meet this government half
Wav. If this hope should be fulfilled 1t
is easy to see the possibility of settle
ment for all time, and certainly to the
satisfaction of this country. Of the
most VeXatiOns CT existing problems.
IonOrc1.
| N NASHVILLE, Tenn. June II The
board of trustees of the Vanderbilt Tn
iVersity to-day by an almost unanimous
Vote elected DR.. j. II. Kirkland chan
cellor to succeed the venerable J.. c
Garland, who, for several years, has de
slfed TO retire. DR.. kirkland is a sin
gle man, thirty-four years old and i'm
mensely popular among his colleague!
IN the faculty and with the bows. liz
is graduate of Wofford College anC
took the degree of Ph. ID. at i,eipsic