New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-02-15
CEN GIANTS PURPOSES.


elect to make any other than formal response
to the official notification that his election is
complete; but Gen. Grant, having something
to say, took this occasion to say it. good
many curious and some interested persons had
begun to wonder why he did not announce
the names of those he had determined to call
| into his Cabinet so he improved this opportu-
nifty to state, /. That he had made up his mind
| in the premises; 2. That he had not impaired
! his choice to any one; g. That he fully pur-
posed not to inform any one-not even the
persons whom he fully intends to call around
him as Cabinet Minjsters-till within a day or
two of his Inauguration; 4. That he has n reason
for this resolve, which we will set forth in his
own words, viz:
E" After consideration, have como to tho conclusion
that there is not in the country who could be In
vited to place in the Cabinet without friends OF
other gentleman making effort to secure the position
that there would objection TO the party named
would be others whom they had set their
hearts upon having in the place. can tell that from the
great number Of requests which come 10 me- In writing
and otherwise, for this particular person that
from different sets and delegations. II announced in
advance, efforts wOnd be made to change my deormna-
tou and therefore have come to the conclusion not to
whom am gong TO invite TO seats in the Cab
met until send in their names to the Senate for confirm.
alton"
In other words having made up his mind as
to those whom he wants in his Cabinet, Gen.
Grant does not propose to aid those who may
wish to impose others upon him instead by
publishing the names Of his chosen cOunselOrs,
and thus inviting combinations of the disap-
pointed and sOre-headcd to overbear his choice
This is frank, straightforward, business-like.
If objections shall exist to any of Gen. Grants
nominees for Cabinet positions, let them be made
and considered in the Senate, where they will be
pertinent and in order. 1t is not the duty of
the President-elect to give those objections and
the directors Fictitious consequence and power
through premature publicity.
We do not know how the impression became
prevalent that it is the custom of our incoming
Presidents to announce their Cabinets month
or so in advance of their own Inauguration
but it is certainly an error. In two or three
instances it may have become generally known
! that A., b. or G. would be invited TO a scat in
the Cabinet, az it was known soon after Mr..
LincOln's election that Gov. Seward would be
his Secretary of State; yet, even i'll that case,
it was not till after Mr. L. was inauguratcd
and in full possession of the White House,
that his selections for Cabinet Ministers were
fully made known.
But the choice of persons to aid him in adj
mnistenDg the Government holds secondary
place in the mind of the President elect His
first thought is given TO the principles'and ends
which are to be his guide and theirs. He
commences his reply to the remarks of Senator
Morton as follows: ....r
al promise the Committee that II will be my en-.
deayor to call around assistants, such only
think will carry out the principles which you have said
the country desires successuleconoy rerench-
ent Grid collection Of he rere,e, and payment n The
Public Debt II should fail In my first choice, shall not
at any time hesitate to make second third
trial. with the Of the Senate, who have the
confirming power, and should just remove OF
my appontees as the appontee OF my predecessor
II would make 10 difference"
=" Payment of the Public DEBIT mind you!-
not merely faithful and prompt liquidation of
the accrung interest, but payment of the Debt
itself This is just what the People desire and
| the gold gamblers will defeat if possible. The
! Debt, which to the masses is a burden, is to
the STOCKHOLDERS a mine Of wealth, as advan-
tageous as his balancing-pOle to the rope
walker We ought to pay of principal Fifty
Millions per annum at the very least, and
thence run up to One Hundred and Fifty
Millions after few years of peaceful progress,
so as to wipe out the last vestige of the Debt
within twenty years. Were it morally certain
that this would be done, our bonds would rise
rapidly to specie par and above it, and our
Five-Twenties might very soon be funded in
non-taxable four per cent, saving from Thirty
to Forty Millions per annum that we
are now paying In excessive rates of interest
rates that deprive the poor man of any oppor-
tunity to borrow save at excessive rates, because
the capitalist can do better by investing in
Government bonds. We must change this and
/