The herald., 1897-10-29
A REQUEST
TO RESIGN
To Be rendered the Patent
Commissioner
DIDN'T FAVOR HANNA's CAUSE
IN LETTERS TO C1NCINNATI'S
MAYOR
The "Deadness" of the Silver Question
Brings Secretary John Sherman
to the Front

Butterworth, whom pretty nearly ev-
erybody knows as the commissioner of
patents, will be asked by President Nc
Kinley to tender his resignation. This
is learned tonight on good authority.
The reported reason for the presi-
dents determination to dismiss Butter
worth is the latter's recent letter to the
mayor of Cincinnati, in which senti-
ments were expressed which were con-
strued to be unfavorable to Senator
Hanna.
SHERMAN ALARMED
WASHINGTON, Oct. 2S,-(By Asso-
ciated Press) For the first time since
the beginning of the campaign in Ohio
Secretary Sherman has published his
views, in the shape of letter ad-
dressed to the editor of the Cincinnati
Volksblatt, advocating the election OF
the entire Republican state ticket.
Sherman writes: II lool, upon the
pending canvass in Ohio as retral OF
the issues involved in the election OF
1896. State issues, if any, do not seem
to be the subject of debate. Naturally
the first issue now Is whether the ad-
ministration of William Mckinley thus
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 requi-
site revenue for the support of the gov
l.; an a n
prompt repeal of the feeble and inde-
fensible tariff law known as the Wilson
German law has met with general ap-
proval. 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 president and Repub-
lican congress.
ut is the declared purpose of the Re-
publican party to restore and maintain
the policy embodied in the Mckinley act
and the recent tariff act known as the
Dingley tariff. 1t is unfortunate that
the beneficial provisions Of the. latter
cannot be in full operation for year or
more, owing to excessive importations
under the Wilson-Gorman act, but l
confidently believe that within year
under the present law the revenue of
the government will be ample to pay not
only current expenditures but large
sum yearly in reduction 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
without regard to it's market value or
the action Of the great commercial ma
| tions of the world.
.It is now proposed, as the cardinal
principle of scattered parties, that the
holder of any silver bullion, without
regard to it's market value, may pre-
sent it at the mints, have it coined into
dollars and made a legal tender for all
debts, public and private. At present
the silver in dollar is worth about Al
cents. 1t would seem that this bold and
transparent proposition of reputation
of over one-half of all debts, public and
private, in the United States would
shock the public sentiment of honest
people and secure it's prompt rejection.
But, strange as it may seem, it is de-
Tended by so many that we are bound
to consider their reasons before we de-
nounce it as fraud.
at is said that free coinage would
bring up the price of silver bullion to
the ratio of 16 to l. There is not the
slightest ground for this opinion. Sill
yer has gone down in price precisely as
iron, tin, copper, or, indeed, the price
of all the metals except gold. The devel-
opment in the process of mineralogy
has kept pace with the cheapening of
nearly all the productions of skill known
as manufactures. Even gold may de-
cline in relative value as the result of
recent development of mines in several
parts of the earth, but from it's supe-
rior value in the smallest. space and be-
ing less affected by corrosion than any
other money metal, it is now, and will
continue 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 redeemed at it's coinage value, or
made a legal tender for limited sums, it
will be largely absorbed for minor trans
actions; but it's free coinage for all who
demand it would at once make it the
sole coin in circulation, prevent the COIN
age of gold and place our great and pow
erful country, in financial operations,
among the minor and poorer nations of
the world. This is the issue that will
largely control the vote of Ohio next
week.
"As to the issues of the future, car
say with absolute confidence that in the
future, as in the past, the mode of levy
ing duties on imported goods and the
free coinage Of silver will be the dividing
lines of the two great parties"
The secretary of state speaks a good
word for Mark Hanna and promises to
go to Mansfield next Tuesday and vote
the entire Republican ticket.
BRYAN'S ADDRESSES
COLUMBUS, O., VIM. J. Bryan spoke
at Mount Vernon to about 10000 people.