The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-10-29
SHERMAN'S PLEA FOR G. o. P.
HE WRITES A LETTER TO THE
REPUBLICANS OF OHIO.

Same as Those of 1S96-A Hope
That the south and West Will BE
Converted to PrOtectiOnism-Re-
Turn OF Prosperity Due to the
President and Republican Party,
But Delayed by the Excessive Inn
portatiOns Under the Wilson Law.
A Word For Mark Hnnnn.
Washington, Oct. 2S. Secretary of State
Sherman has written a letter to the ed
itor of the Cincinnati Volksblat, about the
Importance of the political contest now
raging in Ohio, in the course of which he
says:
my chief regret is that I cannot person.
ally participate in the campaign, as by
usage carefully observed from the days of
Jefferson to this time, the Secretary of
State is precluded from actively sharing
in political discussion other than on for
eign affairs.
Il look upon the pending election in Ohio
as a retrial of the issues involved in the
election of 1896. State issues, if any. do
not seem to be the subject of debate. Nat
urally the first issue now is whether the
far is approved by the people of Ohio.
Upon this question there ought not to be
any difference of opinion. His prompt
calling together Of the congress of the
United States to provide requisite revenue
for the support of the government and
his recommendations of the prompt repeal
of the feeble and indefensible tariff law
met with general approval.
THE revival of all Industries and the
commencement of prosperity, in all parts
of the United States was the natural and
necessary result of the action of the Pres
ident and a republican congress. 1t is un-
fortunate that the beneficial provisions of
the Dingley act cannot be in full opera
ton for year or more, owing to exces-
sive importatons under the Wilson-Gor-
man act, but 1 confidently believe that
within a year, under the present
law, the revenue of the government
will be ample to pay. not only current ex-
penditures, but large sum yearly in re-
duction of the public debt. To secure this
| desirable result the republican party must
be sustained not only in Ohio, but in the
! United States.
Another question of public policy of
| equal Importance to the tariff is what is
! known as the free coinage of silver, with
| out regard to its market value or the ac-
| ton of the great commercial nations of
the world. Silver and gold have since the
| framing of the constitution been the stand
| ard coins of our country, but the relative
market value of each has changed from
time to time. The coinage ratio of the
dollar is one ounce of gold, as the equiva-
lent of sixteen ounces of silver Within
| the past twenty years the market price
of silver bullion has been reduced more
than one half, so that one ounce of gold is
now equal in value to 80 ounces of silver
Notwithstanding this wide diversity Of
| the market value of the two money metals
the United States and all the leading com
tanned their silver coins without any
| change
This was done, and could only be done
| by limiting the use of the cheaper metal
and by coming only on government ac-
count.
1T is now pronounced as the cardinal
principle of scattered parties that the
holder of any silver bullion, without re-
| gard to its market value, may present it
to the mint and have it coined into dol
lars and made legal tender for ell debts
public and private. At present the silver
in a dollar is worth about Al cents. 1t
would seem that this bold and transparent
| proposition and reputation of more than
one-half of all debts, public and private,
in the United States would shock the pub
| lie sentiment of honest people and secure
| It's prompt rejection. But, strange as it
may seem, 1t is defended by so many that
we are bound to consider their reasons
before we denounce it as fraud.
ut is said that free coinage would bring
/ Of hull
! of 16 to l. There is not the slightest
| ground for this opinion. Silver has gone
| down In price precisely as iron, tin, copper
| or indeed, the price of all the metals ex-
| cept gold. The development in the process
Of mineralogy has kept pace with the
cheapening of nearly all the productions Of
| skill known to manufacturers. Even gold
may decline in relative value as the result
| of the recent development of mines in sew
| eral parts of the earth, but from its su-
| perior value in the smallest space and
! being less affected by corrosion than any
| other money metal it is now and will con-
| tinue to be the standard of value in the
chief nations of the world. Silver will be
! largely used in all countries for minor
coins-and if limited in amount and re-
| deemed at it's coinage value, or made a
| legal tender for limited sums 1t will be
| largely absorbed for minor transactions
| but free coinage for all who demand it
| tWOQld at once make IL bne SOlS coin IN
| circulation, prevent the coinage of gold
| and place our great and powerful country
in financial operations among the minor
and poorer nations Of the world.
This is the issue that will largely con-
| troll the vote Of. Ohio next week.
aside from this important measure.
| the people of Ohio should bear in mind
| that one of the most eminent citizens Of
the state is now President of the United
| States. He is especially entitled to your
kind and considerate favor, and deserves
praise for the careful selection and ap-
| pointment of officers of the United States.
| There has been no abrupt haste In maxi
| ing changes, and while. from the nature
| of things, he could not appoint all who
| applied for offices, yet the changes he did
| make met with and deserved the approval
of the republican party. II is impossible
| for any executive officer, charged with the
| duty of appointment, to meet the wishes
| of all.
MANY must be disappointed but they
| will all concede that they have had a fair
| hearing for no President could have given
| applicants more kindly and patient at
| tention, nor could any President have felt
more keeny his inability to comply with
| the wishes Of his friends.
I aN... N..A.