The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-11-30
OLIVER P. MORTON.

A Conv crsari0n with the Indiana senatOr--
What He Thinks Necessary for the secure
| Pacihcasion of the SOuth-fIis Views on the
l Great Problems Of FDance-,rhe Resumption
Of specie Payments Considered.
WASHINGTON, Now 2S 1885.
Aiming tne vigorous practical minds that the West
sends here the council halls or the nation thai OF
| Oliver p. Morton, Ex-Governor OF Indiana and
| present Senator from thu same State, certainly
| holds pre-emlIent place. His remarkable speech
in support of the reconstruction laws last session
and In reply to senator Doolitrle great break
water Of skfuly framed argument thrown boldly
out defence Of he party OF which he is so power
ful an advocate. His views the subject OF finance
have been frequently expressed at various intervals
J and In diiferept places since tho close of
the war lie was far-seeing enough to dis
/ Germ that the great, absorbing question OF
| the day, wnen the ephemeral topics that oc-
| cupied attention mad passed away FROM public con-
sheraton, would be the disposition Of the national
| debt, the resumption OF specie payments ana the
lessening OF the burden OF taxation TO the inca
necsssary 10 accomplish these ends he has cs
pecaly directed the current OF his thoughts, aud
may be prepared 10 expect very elaborate imam
cial discussion Immediately after the organization OF
Congress. what with senator Morton and his plan
for the easy resumption OF specie payments, ena-
tor sheruan with another ior the gradual funding
OF the debt senator Coroett, with MS own original
sche,ae Tor Substituting gold certificates in
place OF coin for the payment Of customs
dues, ana score ~ Senator's besides. each with
his own particular panacea for the financial ills to
which the country is subject the debates which are
sure 70 arise viii he Of the most intricate and be
| glderug character. The country VIII, however,
console iiSef vh the reflection that 10 the multi
| tule ~ ea.nscdors wisdom MAJ reside.
Anxious 70 ascertain the latest views held BY
Senator Norton on the monetary ana other issues
| Your corresponding called upon hlm tu-tay AT hts
| hoe. though III Invalid he met nus VISITOR with
ali thai cofda heartluess u manner characteristic
of Wessern men. lie was very iroe AMI candid IN
replying to mis- quesuOncr and WAS especially
anxious 10 renter his ideas on finance as clear ana
explciI as possible.
.Well. senator what do ron anticipate win be the
frs business Congress intends TO take up after or
| glnlzlugr'
| that demand Immediate attention aud which tue
necessity VI the times especially forces upon tle
| notice OF The naLiona iegtslatate.n
''lhe BnanNs, OF course. CAL for serious and i'm
mediate consideration
II "a rhe inances stlond be attended TO at once
anu u all likelihood VII be first III ORDER
"inen. senator, the rcconsrrnciion Of the South
| VIII 20 once ulorc a subject Of debatey
''ie, that can aardy be avoided. The recon
siruc;tcn laws proper, of course viii not be inter-
tered vita. bur the establishment OF governments
in tbese southern ,'ases must DC accom-
plisned thoroughly even If further legislation
- needed \ government must AFFORD pro-
esc" e i ~ pe'es % = no ., sa oani
while al the sane time u shields Us citizens nom
jhsdlt ?r ,9lqr, rng government u We southern
states have lei "a ihis respect. mol from any IN
herens defects IN the constitution Of these 20. ern-
meats, nui from the spuit OF r)tous and iactiois
disregard 81 law and order eAhei'sd ny one portion
o. rhe people and be inability ol the otner portion
10 whom ~ regal process of election the manage
ment OF AFFAIRS WAS en;rusled-to enforce the law
ami command 0bodience Until these governments
are so established lnst hotr oiica acts AM repre-
Seg,atl9. Ian .nt.ate WITHOUT QIs,f4siipl " iNn
| dalton Congress II bound 10 maAe suon PROVISIONS
stl Ual sf IA
! state government OF LOUISIANA as saNie AMI
| respected All organization rs The state govern
! CURED this purpose, aud n 80 there
/ should I've no naudin senloent " opposition ex-
pressed 20 their employment; Tor spirit exhih-
! ICED o. weak dyllyns and dilasory iempYiaIng will
| but cacy.isge ,he element oI d-sc0nteat and law
| lrssness and thus indefinitely postpone the secure
! establishment Of wpat the South 80 much needs-ei
/! fcct,ye government"
DO YOU intend senator, 80 br,ug IN auy bill hav
| ing rele1snce TO this subject"
Mo- .',ut siai giye my support 70 any cornpre-
| hegsiye measure looking towards the chocs I have
! Indicated. The financial question occupies more ~
my attention than any otner.N
ti ~ understood you are preparing Il bill ia turrn
| duce on the assembling VI Cougress.'
| eyes; have been nsrcpreseifcd Us 70 ny exact
! views, but J sual 10 happy 10 gave you corfscs
| 'Wcli, senator, what J. u you prorosesn
| 81 propose return 70 specie payments and con
template nsing time Nv law, say the lst OF Jnnu-
az ~ Juis. Ie'I, ioI neS.ins Ihs reaeiulllson Oh
FIRST To iAe uotcs to the couulrs tnas ever. ~
nav prepare Tor II, make tneir contracts and ADJUST
ther business accordingly; second, 10 give Tune for
the payment 81 Tie great bOuy OF the existing debt
! among tue people before Y arrives, thIt % give
tune 10 coiect the amount o guld necessary 80 begin
redemption by reseryng Shc surplus gold IN HE Tiea
| sury ana thAt Nllch q Ia accrue. 10 dAm. tht
| nm, f,r rc,IepptiOn Lxei value. consider viii
| ne given 10 IL, qIeenbaCK note witch VII gradually
| appreciate "a nc time approaches Tor redemption,
wnent VIII be nj par, and oul lttle gold VIII be re-
! CURED, ~ the gToenhacKs, bGen heng Of eaM
I ttlaC viii b. fai more convenient IN business than
, ncid. am opposed TO Iurther contraction until re
! uemptiou Degias then contraction Will take pace
h, Lhc ac; ~ redeinptlon Ine bus tedscnet belng
cancelled, hui tner paco VIII % nled ny gola AM
SILVER. wnica wiz taea 10 poured into me ynums q
! cease 10 excite the attention OF the people: WI
carry with public confidence aud iaSc place vita
| out crash nr CONFUSION. Fne return 10 specie
\ payments vii settle aD questions ABOUT ti'
! Inodn u paying the honuN restore cnnulencl
the countr. 10 Europc can only ba cncckeaby Great
NJ uc1and nl n a. home fof currency. y
| ever, county where = legal tender paper currenc.
haa been catahllfhcd IL has driven gold and save
fr0m Calculation, aud IN great part 0di " me coul
to. Tie only Nay 10 cal home Our god AND kcel
Tie product o. our mines y BY rcn'rodacns u a.
| part a. the currency
''Nba. o. sou hink q The plan Tor The sct'icrnen
''wel, IL seerus paislbs enough. Dut tcauEot taG,
. correct measure OF It's naCure TIL Is comes VI beOr
rs ios consideration. Ihen Il wiz receive saca
Ai.Ing - cannot fall to show wnab 1t means
! Should IL iesult IA successful seiilcmen
of the Alabama diDccisy u Will be Rrind triumph
for heyerdy Johnson. aud vii give dtncrcnt com
picxlon than VIVA, iE now wears 10 ms peculia
career since i've went 10 England; but ~ " fails !
wiz cover NJ Reverb, johnson Win good deal Q
| ridiculous onioqly.p
"who 10 you expect General Grant VIII tbep sen'
| 20 Ill his placeT
Impossible to say. General Grant viii DO careful
IL hts appointments, ard nobody will learn muCl
ttat " true about them Tor some time To come
His Cabinet advisers WIZ very likely be settled ppoI
a week or SO before inauguration day, aud lner
each one will be privately notiAed of his selection
aud afterwards consulted as to nis disposition &
act.n
| TLese arc q few o. the Senator's views on publh
( ma'tcig.
Il .-..-.
! "HAsrS 70 rBE HspDISG.'-lt is stated tiat ar