The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-10-19
PRICE CENTS 4E ssIlzAy zss zsSs sg.ss y

puted bargain was made it was xitaout his
consent at the time"
On the eve OF another na .ional campaign
IN which ex-President Harrison was ex-
pected to figure prominently, Mr.. Sherman
does not hesitate TO state that In 1892 he
did not consider Harrison strong candi-
date. To his cold and abrupt manner. he
attributes his unpopularity at that time
WORRIES OF THE ADMINISTRATIONS.
Space is devoted by the author to an ac-
count of the important events OF each adj
ministration. In this connection Mr.. Sher-
man lays bare many of the iealousies. po-
litical pickering and clash OF ambitions
that disturbed the harmony of the party i'm
power. or Grants administration he says
it was a period Of scandal and SANDER
Perhaps the most severe criticism of Gen.
Grants craftsmanship is found in the fol-
lowing extract from Mr.. Sherman. work:
During the entire period of Grants ad-
ministration was chairman of the commit
tee on finance OF the Senate. which acted
on all questions of taxation, debt, banking
or finance, and had occasion TO talk with
the President on such measures, but he
rarely expressed any opinion or took any
interest in them.''
At the age of seventy-two years Senator
Sherman recalls the attempt 10 remove
Chester A. Arthur from the collectorship
of the port of New York with much feel
ing. The correspondence bearing on the
controversy, never before published, is CIV
en- in full, and Mr.. Shermans part as Sec
retary 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 up
on. The formers nomination Vice Presi-
dent, the Ohio statesman says, was the
whim of Conkling to annoy President
Hayes.
Throughout that part of the work relat-
ing to President Hayes Mr.. Sherman
speaks in the highest praise of the chief
executive of the Nation. The following in
teresting incident, which occurred near the
close of President Hayes's administration,
is related: When near the close of his
term, he Hayes) gave the usual dinner to.
the members of the outgoing and the in
coming cabinets 1t was purely an official
dinner, but Hayes said there were two gen.
tlemen present who were not In Office. We
looked around to who the unhappy two
were and found they were Garfield and my
self. Garfield had not yet become President
and had resigned as Secretary the day
before. This happened to be the only day
that was not in public office since March
4. 1856"
There is less of personal narrative in
the book than might be expected. Mr..
Sherman speaks modestly of his boyhood
days, of his family and Of his first ap-
pearance in public life. Many of his i'm
portant public addresses during the sla-
very agitation and during the political CAM
paigns in which he took part are embodied
in the book. His account Of the civil war
and Of his association with Abraham Lin
coin is full of interest as a narrative and
as an historical record OF the stirring
events of that period.
In writing about himself Mr.. Sherman is
candid to the point of self-criticism. For
instance, he states that at the age OF nine
teen years he got into bad company. and
on several occasions was conscious of be-
ing intoxicated. In relating the incident
which influenced his whole life In this re-
spect he says: ION one occasion, the fall Of
1889, 1 went home very sick from drink
ing. My mother received me with much
surprise and sorrow. but neither complained
nor scolded, and with the utmost kindness
put me to bed and watched over and cared
for me. 1 was not enough stupefied to be
unconscious of my degradation and her af-
fection, and then and there resolved never
to be in such condition again."
OF his wealth and the various personal
and political attacks that have been made
upon him. he makes this statement, after
giving his reply TO an accusation on that
score made years ago: II have often since
been accused of the crime of being rich,'
but as nearly all my possessions are visible
to the naked eye, and their history and
acquisition are known to so many, think
am not required to prove that have not
made them as the result of legislation or
my holding Of public trusts
ESTIMATE OF JOHNSON.
AS showing the stinging criticism of
which he is capable the following state
ment made by Mr.. Sherman at the time the
impeachment proceedings against President
Johnson were instituted is of interest He
said of Mr.. Johnson: 1.-The truth is, he is
a slave to his passions and resentments
No man can confide in him. / regard him
as a foolish and stubborn man. doing even
right things in wrong way, and in a DO
sition where the evil that he does is i'm
mensely increased by his manner Of doing
it."
The views Of Mr.. Sherman Or the finan-
cial question are so well known that it is
not necessary 10 repeat them. 1t Is suffi-
cient to say that he Is consistent All the
legislation on this subject during the last
half century is carefully recited and ana
| lyzed. The details concerning the passage
of the act of 1873 are fully recorded. In
1876 Mr.. Sherman prepared and delivered a
| speech on the repeal Of the resumption act
| of 1875, which, he says, is the best pre-
sentation he has ever been able to offer in
| support Of the financial policy Of the gov
| ernment, and especially in support Of the
| resumption of specie payments.
| These extracts from the addresses are
| quoted as indicating Mr.. Sherman's theory
of money: "All intelligent men agree that
| every great commercial nation must have
! both a metallic currency and a paper cur
rency; the one as the standard value by
| which all things are measured. which daily
measures your bonds and notes as it meas
| ures wheat. cotton and land. and also a
| paper or credit currency, which, from it's
convenience OF handling or transfer. must
be the medium OF exchanges in the great
| body of the business or life.
"I am one of those who believe that a
United States note. issued directly by the
| government and convertible on demand into
| gold coin, or a government bond equal in
fc 1,ro$