The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1870-01-18
whole sSsa. Ssm'er'} NO. 45.

wild excitement few months ago, felt
| the power of the President and his FL
nancial Secretary at timely moment,
so that it has not since shown signs of
life or action.
The Debt.-Month by month the peo-
pie have witnessed with intense satisfac-
tion the steady reduction of the Nation
al Debt. The monthly bulletins of the
Treasury Dept. have been successive
campaign documents in favor of the
Administration and, when the year ex-
pires, over one-twentieth of the bond
debt will be paid
Gold.-Steai lily with The exception al
ready alluded to, the premium on gold
has declined not by any extraordinary
attempt by theAdministration to force or
hasten the re sumption of specie paw
ment, but by the improved credit of the
nation reacting upon it. Already the
narrow margin between the premium on
gold and the selling price Of our bonds
points Enthusiastically to the nearness of
timewhen the debt can be funded at at
much lower rate of interest, enabling
the country, in connection with other
savings, to dispense with scores of mil
lions of ollars of taxation.
Pardons ns,-Instead Of the daily release
of convicted offenders against the laws,
the exercise of Executive clemency las
been confined within proper and healthy
restrictions; alike just to the Grimm al
and the country he has wronged.
Public Oficers.-Whatever discon-
tents there may have been, as to this or
t..at appointment no fair man can DENY
that, as whole the nation has never had
better array of officers. If the Presi.
dent could possibly have been guided
by unerring inspiration, all would not
have been satisfied with his choice; for.
even If dozen applicants were thoro'ly
qualified, but one could be selected, and
eleven with their friends dissatisfied,-
And, as no Congressman will deny that
he has sometimes made mistakes in Sc
lections in his own district, where he
knows personally SO many of his con-
stituents. how could any President be
lnfallible when he must depend for
knowledge as to very large numb Der Of
applicants on the recommendations of
others !?
Reconstruction the prompt and
Judicious action of the President, under
the large authority given to him last
April, in the closing hours of first ses-
slon of the Forty first Congress,the work
close, and before he resurrection of
spring gladdens our hearts, we NAV
hope to sec every States iu ,he Union
fully represented in the National Coun-
cils.
The Indians Under the Pre~ident's
firm but human policy, there have been
fewer Indian outrages AMI outbreaks
between the Mississippi and the Sierras
than during any year sincel663 Peace to
the frontier settlements is boon whose
blessings and joy few can adequately
realize.
Caste.-In nothing has the Admins
tration been more positive and out.
spoken than in the advocacy of Fifteenth
Amendment, from the day that it was
recommended in the Inaugural to the
present hour, when its final ratification
seems so near at hand. And before its
formal adoption, the President has illus
trated his belief in its justice by ap-
pointing to office of both higher and
lower degree, many whose race and COL
or, irrespective of their intellectual quail
hcatlons, had previously placed them
under the ban of official ostracism.
The following terse and emphatic re-
mark of the President to Attorney Gen
eral Hoar, and quoted by the latter at
the recent New England dinner in New
York, is worthy to be printed in letters
of gold:
81 hope to see the time vi hen every man in this
country may have the power to express his
opinion, to follow whom he pleases, to vote as he
likes, and to have his vote counted, without moes-
tation, or hndrance, insult. If we only unite
ID maintaining publ: faith and credit, our political
difiersnces will not be much account"
The Alabama Claims.-The brief but
pointed illusions in the Presidents mes
sage to s'the only grave question which
the United States have with any foreign
nation must be fresh in the memory 0:
all. And also this emphatic sentence:
"a sensitive people, conscious Of their power are
moro at ease under great wrong, wholly unatonei
then under the restraint of asetement which salts
hes neither their deas of justice grave sense of
the grievance
If any application Of the ground on
which the nation stands On this question
W. popio6 tho =, cfor1~y op1