Omaha daily bee., 1898-11-16
FREE COINAGE LAID OUT.
Hon. John Sherman's Analysis of the
Election Returns.

Hon. John sherman's Analysis of the
Election Returns.
Free coinage Of silver Is dead. 1t win
not again in the lifetime OF the present
generation be seriously considered. This,
to my mind, Is the meaning Of the verdict
OF the people at the elections OF last Tues
day."
The above prediction was made by Hon
John Sherman, the great republican
authority on financial questions. to the
Washington correspondent Of the New York
World.
II do not like to be interviewed" said he,
"and cannot see OF what possible interest
my opinions can be. am now out Of
politics, and 1t Is neither my purpose nor
my desire to stand, in the least respect, as
the mouthpiece Of the republican party.
There are others, now in power. who ought
to speak for the party. 1t Is my opinion,
however, that the election Just won by the
republicans In 80 signal fashion efectually
disposes OF the financial question for many
years to come. Free coinage has been
the shibboleth Of the western country, but
nowhere as In the west have the people
appeared to repudiate that doctrine. The
vote shows that the men Of that great por.
tion OF our country, the producers. have
abandoned the fallacies they have been
lOlIOWlUS Guu are Teduy " TtluTu u Tue
party Of sound money. Good times and
prosperity are unanswerable arguments.
1t Is difficult to preach the doctrines OF FREQ
silver when the farmer is getting the highest
price in years for his wheat and capital
everywhere Is seeking labor and paying it
remune rative wages. The people in the past
have gone of after strange gods, but they
have invariably returned to sound principles.
These things seem to run In waves and
free coinage In the last presidential cam
paign reached its highest stage. 1t is now
on the ebb, and firmly believe 1t will not
again be heard Of seriously as a campaign
ISSUE
"Thc country is most certainly to be con-
graduated upon the result, 50 far as the
senate Is concerned. In some Of the west
ern states where a few months ago 1t was
| hardly hoped the republicans could win.
republican legislatures have been elected,
thus insuring the election of sound money
senators to the United States senate, where
for several years we have been lacking In
votes Of this character. 1t will be no longer
possible for the senate to threaten the busi-
ness interests Of the country by the passage
Of bills that attack the value OF our cur.
rency and seek to precipitate US to silver
! standard. Whatever accidents may hap
pen, the senate is secure, and the people,
realizing the condition of affairs that have
! threatened them. have made 1t SO. No. 1t
will be useless now to agitate the question
OF free coinage. It ie dead and was buried
by the ballots OF last Tuesday.
with the return Of the country to the
principles Of sound money the populst party
will have no hold upon the voters, and In
the ordinary course Of events 1t will go out
Of existence. The vote cast In the states
where the popuhsts have been strongest in
dicates that that party is rapidly disin-
tegrating. 1t Is following in the footsteps
Of every other party that has existed solely
for the purpose OF advocating visionary
tions.'