Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1866-02-21
FROM NEW YORK.
Sentiments of tIIe Press ON the Veto
Message. '-i" N.

Sentiments of tIIe Pres ON the Veto
Message. f.
New YORK, Feb. 20.-The following are
extracts from the morning press regarding
President JOhnson's veto Ofthe Freedmen's
| Bureau bill: ".7 20 .fran ,.a hr. t.H
The World says President johnson has
nobly sustained his character for steadiness
of purpose and political courage, by the
veto he sent to the Senate yesterday of the
bill for enlarging the powers of the Freed
| mems Bureau, The eOnsiderationoof most
immediate interest the likelihood OF the
veto being effective. Can the bill be passed
by two-thirds of both Houses over the veto.
and become a law in spite Of. Che President?
We think it cannot; but the question is not
so entirely free from doubt as to- set the
public anxiety at rest until the trial has
been made. ,t'-.9' 80 IN. .
The Tribunesays: We deeply regret this,
and we think he will live to regret it even
more deeply, for this veto will be under
stood by all that is brutal and, Tufiianly of
the South, as giving license to any abuse
and oppression of the, blacks that white
malignity and rancOrous hate can devise.
The Times says: That veto implies no es-
sential difference of opiiion between the
Executive and the majority in Congress on
the primary object Of the bill. In no es-
sential point is the President at variance
either with the majority in Congress or
with the country. so far as the claims of the
freedmen are concerned. .He-seeks to reach
the end aimed at in the vetoed billby other,
and what he deems less radical, agencies,
It. will therefore be for. Congress and the
country to weigh carefully the objections
offered, and at least to respect, il they can
not assent to, the reasons on which the Ex-
ecutive veto is based. s..-& u. .s-A- y =.
The Herald says: The Freedmen'sB Bureau
bill has, at the hands of. PRESIDENT johnson,
met with the fate which it deserved. His
general arguments and specifications
against the bill are consistent convincing
and conclusive y JHDWIi InQ !
rudr ,s1riv FInnnciaI.saSruids
New York, Feb. 2O,I2The' Commaercial's
money article contains the follbRinI The
market sympathizes slightly with the move-
ment in the gold markets gRhe, SubETreas-
ury on Saturday and yesterday sold about
$5,000000 Of gold at 1877, which Temporal
,rily takes nearly seven millions of cnrren-
oy into the Sub Treasury and so far dimin-
ishes the supply Of money for loans. All
the demands of the street, however, are met
at 6 per cent. The chief purchasers of the
BOlQ were Jne IOrelSn bankers, VINO naQ
sold freely during the late decline and have
replenished their stock at lower rates.-
There is o disposition among the foreign
houses to hold themselves ready for any
necessity to ship specie, and for this reason
thesales alluded to will not materially re-
lieve the market. q, 81 q, E ~ y y
The bear interest still predominates In
the stock market. The late Increase in
earnings has not established any reallyrset-
tied Improvement OF confidence. Il Is still
thought probable that there must be MAJ
terial permanent decline IN the receipts of
the roads. The feeling on the street, how
ever, Is becoming more strongly specula-
tive. Governments continue in steady de-
mand from investors. The improvement
In quotations for 520's at London, reported
BY The last steamer, has 20 effect q non quo
tations here, the decline in gold being more
than an offset against the charge.
Discounts are qulet6S The supply OF pa
per is moderate and the inquiry limited.
Prime names pass at 7@z1fpef cent igoOd
nanlesl three and four liIoiIths, are current
at 500. per cent. For lower grades the
quotations are very irregular, ~
The market for foreign exchange Is dull,
the advance in the rates having checked
buy AZ There Is, a greatEscareitgr of pro
duee bile, the prices for Whieli have cores
pondingly advanced. Theleading drawers
quote bankers 60 days sterling. at 10S56@
l0SII8S, but, cannot sell any 'trnportant
au'VUiiSs @sofsr lOo1s' sgtsn