The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-08-16
AS TOLD BY SHERMAN
The Famous Politician Makes an
Eloquent Plea for Gold.
PAST AND PRESENT
He Gives the History OF tho Metals
Ups and Downs In Congress, and
How It's Price Fiuctuates on the
Market-Chio Campaign.

Columbus, Ohio. Aug. 15.-The rcpub-
llcan campaign in Ohio was formally
opened to-day by two monster meet
ings In this city. The orators were
Senator Sherman. Senator-elect j. b.
Foraker Of Ohio. and Hon. Stewart L.
Woodford OF Brooklyn. n. Y. The
meetings We're held in an immense tent
on East Broad street, the city having
no auditorium large enough TO accom-
modate the crowds. At the afternoon
meeting fully 10000 people were
crowded into the tent. The large at
tendance was a great surprise, as II
was feared the extreme warm weather
would interfere.
Governor Bushnell presided at the
afternoon meeting. The governor made
a brief speech. He said the people from
all parts Of the state were present to
open a campaign that will elevate to
the highest office In the gift OF the peo-
pie OF the United States a distinguish
ed son of Ohio. That man was Will
lam Mckinley. When Governor Bush
nell introduced Senator Sherman, the
venerable statesman advanced to the
front Of the stage amid loud applause.
and a band struck up THE Star Span
kltu MI. SiltIT1ldn tlVuu
calmly surveying the crowd until the
band ceased playing. Mr.. Sherman
prefaced his speech by saying that In
asmuch as he wished TO discuss ques-
tions OF vital Importance to every citi
zen In the United States. as well as
Ohio, he would read his speech in order
TO be exact in his statements. Contin-
uing he said:
Mr.. Chairman and Fellow Citizens
A citizen of Ohio has been selected by
the republican national convention as
their candidate for president of the
United States, and We are here to rat
ify and support. his nomination. We
take pride In William Mckinley not
only for the honor conferred upon Ohio
by the convention, but because We
know him to be fitted for that great
Office. We know that since his boy
hood his life has been pure and stain
less; that as a soldier In the union
army he was brave and loyal: that as
a member Of congress for many years
he exhibited the highest mental traits
and rendered great services to his
country. and that, as governor of Ohio.
he proved his capacity to perform diff
/ ficult executive duties. And he has a
: -kfSh claim upon US. During all OF his
life. he has been faithful and able
republican. thoroughly In sympathy
with the principles Of the republican
party. That party does not rest Its
claims to your confidence merely upon
the merits Of Its candidates but upon
the soundness OF It's public policy, us
measures ana its aims:
1T Is the distinguishing feaaure OF
our republican government that every
question anecting tne united states
must ultimately be determined py
them at the ballot box. II so happens
at the coming presidential election
that there Will be submitted TO your
judgment TWO sucn questlons-one OF
which Is whether any holder OF silver
bullion may deposit 1t at the mints ana
have II coined for his benefit, and WITH
out cost to him, into silver dollars. each
OF the weight OF 4l2ls grains OF stand
ard silver, nine-tenths fine, and may
tender them for any debt. public or
private. The other question Is whether
In levytng duties or taxes on imported
goods we shall only consider the reve-
nue. required. or whether while rais-
Ing the needed revenue. we snail seek
also TO protect ana encourage domestic
Industries; the one Is called revenue
tariff and the other protective tarin.
Both the silver and tarih are vital
questions OF domestic policy or equal
importance. but ! propose on this oc-
oasion to confine my remarks mainly
to what is known as the free coinage
OF silver at the ratio OF 10 parts silver
to one OF gold. This issue is thrust
upon US by the democratic party. OF
rather by the populist branch OF the
democratic party.
Gold and silver. coined, are recog-
nized by all commercial nations OF the
world as the best standard OF value
There two metals not only measure all
things, but they measure each
other. Their relative value constantly
changes. Twenty-three years ago II
ounces OF silver were worth more thar
one ounce OF gold. Now 81 ounces oi
silver can be bought by an ounce ol
gold. This fiuctuation In value cannot
be prevented by law. 1t Is beyond tht
reach OF legislation. Ii Is caused by
changing demands for, and the In
creasing supply OF these metals from
mines. Both are necessary as money
silver to supply the daily wants OF life
and gold to measure the larger trans
actions Of business, especially In ex
changes with foreign nations. How u
maintain parity OF the two metals at 9
fixed ratio has been. Is and always will
be a difficult problem. not only In th'
United States bat In the civilized
world II was one OF the first ques
tions to occupy the attention OF Amer