Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-10-19

iNh N'eHNiNNtt. 10 ms cold, nhrupt
manner, he attributes his unpopularity
at that time.
space is devoted by the author to an
account of the important events OF
each administration
IN this connection Mr.. Sherman laws
bare many of the Jealousies, political
chickering's and clash of ambitions thar
disturb the harmony OF the party in
power. or Grants administration OF
the scandalous and Blandering criticism
or General Grants statesmanship, he
says; During the entire period OF
Grants administration / was the chair
man or the committee on finance of the
senate and had action on all questions
or taxation, debt, banking or finances
ana had occasion to talk with the
president upon such matters but he
rarely expressed any opinion or took
any interest In them"
Al the age OF " years Senator Sher-
man recalls the AFFAIR over the attempt
TO remove Chester A. Arthur from the
colectorship OF the port OF New York
with much feeling. The correspond
ence bearing on the controversy never
before published, ~ given in full, and
Shermons part as secretary of the
treasury is stated in detail. Arthur Is
SHOWN up In an unenviable light, and
the attitude of Roscoe Conkling toward
the president is caustically commented
upon.
The formers nomination as vice pres
ident, the opinion states, was the whim
OF Conkling to annoy President Hayes
throughout that part of the book re-
latlng to President Hayes Mr.. Sher-
man speaks in the highest praise Of
the chief executive. The following in
teresting Incident which occurred near
the close of President Hayes admins
tration is related:
When near the close OF his term he
CHayes) gave the usual dinner to mem
bers of the outgoing and Incoming
cabinets II was purely an official
dinner, but Hayes said there were two
gentlemen present who were not in
office. We looked around TO see who
the two were, and found they were
Garfield and myself. Garfield had not
yet become president, and | had re-
signed as secretary the day before. This
happened to be the only day that /
was not in public office since March
4, 1853.
There is less of a personal character
than might be expected. Mr.. Sher-
man speaks OF his boyhoOd days, of his
family and of his first appearance In
public life. Many of his important pub
lie addresses during the silver aglta-
tion and during the political campaigns
| in which he took part are embodied In
! the book.
His account of the civil war and his
association with Abraham Lincoln Is
! gull of interest as narrative and as
! n historical record OF the Stirring
! events Of that period
In writing about himself Mr.. Sher-
man Is candid to the point OF self crit
! icism. For instance, he states that at
| the age OF ~ years he got into pad
| company, and was on several occa-
| sions conscious of being drunk. or his
| wealth and the various personal ana
| ptt TINT have hNpn nHlh
| upon him, he makes this statement,
| after giving his reply to an accusation
| on that score made years ago
| Il have often since been accused OF
the crime of being rich, but as nearly
| ali my possessions are visible 10 the
naked eye and their history and aG-
| duisltion are known to so many, thlnk
| that 1 am not required tc prove mat
| I have not made them from legislation
| or holding OF public trusts,
As showing the singing criticism OF
which he ~ capable, the following
statement made by MT sherman AZ
the time the impeachment proceedings
against President Johnson We're m
| stituted IS OF interest He said OF
Mr.. Johnson; so.
"The truth Is he is a slave to his
passions and resentments. NO man
can confde in him. ] regard MN aa
| a foolish and stubborn man, DONG
| even right things In a wrong way ana
I'm a position where the evil he does
is immensely increased by his manner
| Of doing it,
The views Of Mr.. Sherman on tho
| financial question are so wel-knoWn
| that II is not necessary to repeat them.
II il sufficient TO say that he is con-
slstent All of the legislation on TINS
| subject during the last half century Is
carefully recited and analysed,
The details concerning the passage
Of the act Of 1873 are fully recolued'
In 1886 MI Sherman prepared and de-
| lVered a speech on the repeal OF tue
! resumption act Of 1910 which ne says
IL the best presentation which he has
! ever been able TO offer in support Of the
! financial policy of the government ana
| especially in support of the resumption
of specie payment.
These extracts from the addresses
are quoted as indicating Mr. Sherman's
theory of money.
AN intelligent men agree that every
! treat commercial nation must nave
| both a metallic currency and rapar
| currency; the one as the stanuaru OF
value by which all things are meas
| ured which daily measures our bonds
| aud notes as II measures wheat, corn,
| lands, and also paper or credit cur
| rency which from Its convenience or
| handling or transfer must be the
medium OF exchanges In the great body
of the business of life.
81 am one of those who believe that g
| limited States note issued directly by
the govefnment and convertible on e.
mand into gold coin or q government
bond equal in value to gold is the best
currency we can adopt; that II is to be
the currency of the future, not only In
the United States, but in Great Britain
as WE'LL and that such currency
might properly continue to be a legal
tender except when coin Is specifically
stipulated for
An extract from the utterances Of
the author defines in a word his posi-
ton on the silver question. After re-
latlng his aSioms Of sound finance he
concluded;
go that for all practical pnrp 'ses
we may regard gold as the only true
standard, the true money Of the world.
by which the value OF all property. OF
all productions, OF all credits and OF
every medium of exchange, especially
OF ali PAPER money, is tested
Rich in ripe conclusions, full or inter
est as a personal narrative, instructive
MS a political record and complete as q
financial history Of the country. the
work adds to recent books OF American
history one of general interest and OF
value to students OF politics and Il
nance,