are listening
with feverish interest for news from the convention, Sherman calmly
rises in his place in the Senate and delivers a five hours' speech
upon the coinage and the currency, which will not only rank as
perhaps the greatest effort of his own life, but will constitute
a text-book upon the subject for half a dozen generations to come.
"Men will not read the speech this week; but the unusual circumstances
under which it was delivered and the curious spectacle of a great
mind discussing so abstract a subject amid the fervid heat and
excitement attending a national convention of his own party, will
make everybody look up the speech after the convention is over and
give it more readers, perhaps, than any speech upon the coinage
and the currency ever had since the foundation of the government."
--"Ohio State Journal," June 9, 1892.
Soon after the adjournment of Congress, on the 5th of August, I
returned to Mansfield. At this time the Boston "Herald" alleged
that I was not in harmony with my party on the tariff. This was
founded upon an erroneous construction of my reply to Carlisle.
The article was called to my attention by W. C. Harding, of Boston,
to whom, in reply, I sent the following letter on August 29:
"Your note of the 27th is received. In answer I have to say that
the Boston 'Herald' in the article you inclose, has totally
misconstrued my position on the tariff. I am decidedly in favor
of a protective tariff; one framed with a view not only to secure
ample revenue for the support of the government, but with a distinct
purpose to encourage and protect all productions which can be
readily produced in our country. I do not believe that a tariff
framed under the doctrine now announced and proclaimed by the
Democratic party in its national platform can protect and foster
our home industries.
"Mr. Tilden, and the men of his school, believed that the old
doctrines of the Democratic party, proclaimed in former national
platforms and supported by the declarations of Jefferson, Madison
and Jackson, was a wise and constitutional exercise of national
power. This doctrine has been abandoned and denounced by the
Democratic platform recently adopted by the Chicago convention.
A tariff framed in accordance with this new doctrine would be
confined simply to levying revenue duties, excluding the idea of
protection, and that is the purpose and object of the men who made
the platform, and of the men in the Democr
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