Democratic Sentinel, Volume 17, Number 34, Rensselaer, Jasper County, 8 September 1893 — SHERMAN ON SILVER. [ARTICLE+ILLUSTRATION]

SHERMAN ON SILVER.

The Ohio Senator Speaks on the Repeal Measure. Alter the routine morning business in the Senate, Thursday, the bill for the repeal of the Sherman act was

taken up and Mr. Sherman, of Ohio, proceedto address the Senate. He said that if the repeal of the purchasing clauses of the act of July, 1890, were the only reason for the extraordinary session, it would seem to him insufflcient. It was, however, justified by the existing financial

stringency. On one thing, he said, Congress and the people agreed, ana that was that both gold and silver should be continued in use as money. Monometallism pure and simple had never gained a foothold ,in the United States. If Senators i wanted cheap money and an advance ■ in price, free coinage of silver, he said, | was the wav to do it; but they should ! not call it bimetallism. Mr. Sherman then proceeded to discuss the history of the act that bears his name. He was not in favor of the free coinage oi silver, and regarded it as but another name for the monometallism of silver, and was only in favor of the purchase of silver for purposes of coining.

JOHN SHERMAN.