The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-03-30
OHIO REPUBLICANS SPEAK
The Protective Tariff Must Remain One
ofthe Great Principles of the Party.
Banquet OF McKinley's Homeat Which the Gov
ernor Spoke-Letter from Mr.. Sherman In
Which "0ur Currency" Was Discussed.


Special to the indianapolis Journal.
CANTON, o., March 29.-Representative
Republicans from many sections of Ohio
,sa-ticipated tonight In a protective tariff
banquet, with the Republican Club of
Canton as the host of the occasion, and,
in sending greetings to the Republicans of
the Nation. incidentally declared that the
protective tariff must be kept we'll in the
front IS one of the cardinal principles of
the party. The Tabernacle, in which the
event took place. was elaborately dec
grated with bunting, the national flag and
flowers Over the balcony was the senti.
ment In letters a foot high: American
Wages for American Workmen. American
Markets for American People and Protec-
tion for American Homes"
The chair was occupied by Hon. Thomas
Turner. of this city, with j. II. Fawcett as
toastmaster. while to their right and left
were seated Governor Mckinley, Hon.
Mahlon Chance, of New York; Jud ge Wick
ham. of Beaver, Pa: James Garfield, son of
the late President; Auditor Poe, Secretary
of State Tay lor, Attorney. general Richards
and several mem pers Of the State Senate
land, Cincinnati, Akron, Toledo, Columbus
and other cities. The four hundred guests
sat down at o'clock. Two hours later the
disposition of the menu had been con-
cluded. and the oratorlcal proceedings were
In order. As preface, letters were read
from several invited guests. who had been
prevented at the last moment from parJIci-
pating In the speech m aking. Among these
were ex- President Harrison. cx-Speak er
Reed and Ex-Governor Foraker W ho SIN ply
expressed their regrets In formal terms.
Senator Manderson. of Nebraska, wrote:
Do not let the occasion degenerate into any
snfng in the nature OF post mortem examina-
ton; The great principles for which the Re,
publican party has fought in the past still
exist, and every man who is true to those
principles will stand by his colors and see that
lie does his full share for the party that is
bound to come with the future.
SHERMAN ON "oUR CURRENCY"
A lengthy letter was read from Senator
upon "Our Currency" but who found It
impossible to leave Washington while the
Senate is in session. Among other things
the Senator wrote:
The currency question I regard as more i'm
portant than a mere change of administration or
who should hold public offices. 1t is proposed
that the government OF the United States should
coin all the silver that may be presented. for the
dollar, either In gold IN the note OF the United
States. The inevitable effect of this policy would
be to adopt only one standard, thus reducing the
purchasing power of the dollar one third, for
tile benefit OF the producers OF silver and at the
expense OF the people of the United States. The
pensions of our soldiers, the value OF the savings
deposits OF our people. and all existing
contracts would be reduced one third
in value. Gold would be demonetized.
exported and boarded. and tie basis OF our en-
tire financial system and of all values would be
measured by money OF less purchasing power
than now and on footing with the financial
systems OF China Japan and the South American
states. and we would be separated from the
standards of universal use in the great CONNER
cial countries of the world. This would be O
dangerous and destructive revolution in our
whole currency system, affecting the purchas-
Ing power of all forms of money and changing
oil the diversified contracts now existing hope
that this delusion has passed away and that the
good sense of our country will discard it and
stand By the financial system which has made
our country rich and powerful. Our national
debt will soon he extineuiahed and our currency
population. and on the lines now established by
law. The people may for time be misled by
plausible fallacies, but in the end their better
judgment is TO arrive at correct conclusions.
The policy OF the Republican party has been TO
diversity industries by wise protective laws.
to strengthen our national credit by laws main
tanning honest obligations and to furnish cur
repcy always at par. as cheerfully taken in what
ever form it may be. In every market OF the
world. as the gold coin issued from the minrs.
Whatever way We may view the past, we can
boast that our party has always been faithful TO
the integrity and union OF our country, to the
honor of the public faith whenever pledged. and
to good money for all classes and conditions Of
men. The real remedy OF the silver problem Is
to put into our silver dollar enough silver at
market value 10 be equal 10 q gold dollar. and 10
maintain all forms Of money, whether coin or
notes. OF equal or interchangeable value.
M'KINLEY ON REPUBLICAN PRESIDENTS.
stor were received with loud spplause. aud
the enthusiasm was redoubled when Gov.
Mckinley was presented to respond to the