The democrat. [volume] (Weston, W. Va.) 1868-1874, 1872-10-21
Philadelphia, OCT. s, 1872.


Mr.. Alexander T. Stewart, tho mer-
chant prince Of New York, has Just had
o conversation upon politics with re-
porter OF the Herald. In the course OF
this conversation Mr.. Stewart expressed
views Of great weight and cogency upon
the financial consequences Of Horace
Greeley's election. These views are not
only sound and judicious in themselves,
but are stated with such admirable clear
ness Of language that we give them TO
our readers exactly as they are reported: {:
sReporter-NGr. Stewart, you arc
probably aware OF the existence OF an
impression in the public mind, and which
is sought to be strengthened to aid the
Administration interest in the coming
election, that the elevation OF Mr.. Greeley
TO the Presidency would lead to results
adverse to the financial interests OF the
mercantile community and Of the conn
try generally. have been directed by
the Herald to call'upon you, sir, to learn
whether 1t is agreeable to you to make
public your views upon the subject.
"NTr. stewatt-What Is it you want to
know
"Reporter-well, we want to know
whether you look forward to Mr.. Gree
ley's election as likely to produce uneas
iness and financial difficulty in the fnan.
cial worldP
"ATr. stewart-I do not, Why should
it lead to difficulty?
"Reporter-well, it Is said that Mr..
Greeley's peculiar financial views would
be the reverse OF those entertained by
Mr.. Boutwell,.
Mr.. Stewart-Can you tell mo what
are the views Of Mr.. Boutwell,? I never
could learn that he had any,special views
or policy. suppose his course was con.
trolled by his judgement Of existing
circumstances. SO far rs bis policy
consists in purchasing at a large premium
Government bonds not yet due, / think
the sooner that is terminated the better
for the country; and the sooner it is un-
derstood that the Government intends
entering upon policy which at some
future time, no matter how remote, will
lead to resumption Of specie payments,
the better 1t will be for everybody. Con.
tinning the course that has been pursued
the last four years will never lead us to
specie payments, but leaves every mer.
chant at the mercy OF gold gamblers.
"Reporter-Then you have no fear that
the election Of Mr.. Greeley will produce
any financial diflcnlty7
ENIr. Stewart-None whatever.
dReporter-WhaL do you think Of his
present views on the tariff question: 4
Would they not, IL carried out by q change
Of the tariff, lead to some confusion with
the merchants7
.sAIr. Stewart-Not at all, On the con.
trary, 1 think Mr.. Greeley leaves that
question where 1t always should be lett
with the people, through their members
Of Congress, uncontrolled by party dicta.
ton. / have always contended that the
tariff laws, to which our country looks for
It's revenue, should be dictated wholly by
rules Of equality and justice, anl so as to
bear equally in their application upon al.
interests and all classes. Take of tue
party whip, allow tue members Ui Con.
gtess to consult the general interests Of
their respective constituents in framing
tho taiIfaws, and believe We could find
every interest much better sevcd and pro.
tectcd than II now is.'
Long essays have been written upon
financial questions, and upon the matter
in which Mr.. Boutwell, has administered
his oficoi and many speeches have been