Rensselaer Republican, Volume 25, Number 47, Rensselaer, Jasper County, 20 July 1893 — SHERMAN AND HIS BILL [ARTICLE]

SHERMAN AND HIS BILL

•hto'a Distinguished Senator Tells About Its Passage. Senator John Sherman has written a lengthy letter to Congressman Walker, of Massachusetts, which has been made public. He says the Sherman silver bill was the result of a compromise, and was the only expedient available at the time to defeat free coinage. To defeat a policy so pregnant with evil the Senator was willing to buy the entire product of America ) silver mines at its gold value. He says he has never regretted his action, but now favors the repeal of the bill and the adoption of a different po'icy. With reserves of both gold and silver in proper proportions, he thinks we can maintain the entire body of our currency of all kinds at par. He proposes to fight the revival of State bank issues, which can not be made • legal tender. -