The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1895-11-21


Instead of Tamperiog with the Gold
Reserve. cleveland and silver.
NEW YORK, Nov. Ex-senator John
Sherman, of Ohio, talked freely to a
reporter to-day in regard to his re-
Gently published book and other mat
ters.
The Senator stated that he had met
ex-President Harrison and Warner
Miller, and had had pleasant chats
with them. lie added that Mr.. Miller
came to his (the Senator's) room last
evening and they talked over many of
the incidents of the Convention of
1888. Mr.. Miller's recollection of
events tailed with the Senator's.
"The New York delegation" added
the Senator, ''had a banquet on the
Saturday night before the nomination
of 1888, and after Senator Miller had
made a speech they all agreed to sup
port me. / received a telegram TO that
effect. Sunday intervened, and in the
meantime Elkins and other friends OF
Harrison got Platt to agree to vote for
him on the first ballot Monday. The
result is known. / have no charges to
make against ex-President Harrison,
ever bargains or promises his friends
might have made, he did not sanction
them. because he absolutely refused
to appoint Mr. Platt Secretary of the
Treasury. The acme of Mr.. Platt's
ambition seems to be to hold the
portfolio of Secretary of the Treasury"
In regard to the National Conven-
tion of 1880, when Garfield was nomi-
l1a haf ha
drift was for Garfield he telegraphed
to his friends to swing the Ohio dele
CATION for him.
Garfield was an able and brilliant
man in some respects" he continued,
but he did not have strong will-power.
He permitted men of stronger will
force to influence him. ! well remem-
ber that after he was elected President
he had selected Mr.. Blaine as Secretary
of State He came to me and said that
he would like to appoint me Secretary
of the Treasury. but Mr.. Blaine
thought it woHId be embarrassing to
the other members of Mr.. Hayes cabi-
net to select one member and not take
them all"
THE Senator laughed at the sophis-
try of Mr.. Garfield, and continued:
II informed him that / did not care
to be appointed Secretary of the Treas
ury, and announced my intention to
become candidate for the Senate
The Senator said he considered War
ner Miller strong man. He then
turned his attention to Secretary Car
isles speech. The basic error of the
speech, he maintained, was the Secre-
tary's idea that legal tenders could be
done away with entirely. 1t could not
be done. He said this, in substance:
''The great mistake was in the way the
Democratic administration had tam
pered with the gold reserve. 1t should
have issued short bonds for five years
duration, which the people here would
have taken up quickly at three per
cent, and with this paid the expenses
of the government instead of intrench-
ing on the gold reserve. These short
bonds, of course, would have been paid
for in legal tender notes. Instead of
doing this, the administration had
permitted domestic and foreign bank
ers to clear $11 100000 by selling bonds
for gold at four per cent. Carlisle's
plan, proposed last night, was imprac-
ticable. There are 5000 national
banks, and it would not do, in order to
have currency, to take the gold out of
the United States Treasury and scatter
it around in these banks to redeem
money that had been issued by these
banks
The Senator said he did mot know
when the Republicans would be able
to organize the Senate. When it came
to an issue in regard to money, he
thought the East would be against the
West, irrespective of Darty AS long AS
Cleveland was President. he said, there
would be no silver legislation, because
he favored sound money.