National Republican., 1873-06-03
A PRER-TRApE PARTY,

The Chicago Tribune and the New York
World are bending their efforts at the present.
time to the formation Of free trade party
the difference between the two being that the
New York journal aims at the perpetuaton OF
the Democratic formation, while the Tri-
5une would like to sink the entire concern
and construct an entirely new organization.
The two journals, however. stand upon the
common platform OF free trade as the dIstinc-
tive issue to be presented to the country.
There can he no doubt that leading POLL
ticlans In the Democratic party are endeavor-
Ing 10 carry out some such Idea as this, In
the hope Of being able to sweep the country
In 1876. Il will lie remembered that when
Mr.. Hendricks came to this city last winter
the REPUBLICAN printed the statement that
the purpose of his visit was mainly to consult
with the prominent men In the Democratic
party, with a view Of rcorganlzing upon a
new basis and taking In the Liberal Republl-
can element. This statement, which was
then printed exclusively In our columns, was
denied shortly afterwards by Mr.. Hendricks
and his friends, but subsequent events only
showed that Ii was -Irue In every essential
particular Mr.. Hendricks, we have reason
to believe, Is the main inspiration Of the pres
cnt movement, and we are Inclined to think
that his sympathies 20 out to the policy Of
tho Tribune rather than to that Of the World.
But, however that may be, and II Is Of no
great consequence, the special aim Of the
gentlemen who are endeayoring TO mold
public sentiment In this direction and effect
a combination of different personal schemes,
ambitions and interests would seem to he 10
unite the entire South on their side. That
this programme Is now being carried out Is
evident from an editorial In the last number
Of the New Orleans Piedytne, which I'VE have
received, and which Ia only one Of number
Of similar articles that have appeared In
other journals not quite 40 prominent, but
not the lcss close to the party leaders. The
Piedgrine, at the end Of 10 long diatribe against
New England, Pennsylvania, the protection
Interests and the Republican party, says; "The
Government OF tho United States must bo re-
formed. II must be restored to free gov
ernment, with the filthy streams Of personal
aud political pollution which now food the
country damned out by restrictions on power
and indignation Of the people. The
West, like the South, was overwhelmingly
agricultural, and should have stood by the
South; but Congressional jobbeies pushed
her over to the East. The people
Of the South, plundered and oppressed, II not
debased by poverty or cowcd by power, may
constitute their surcst way Of rcdccming
themselves. They have felt little OF
the temptations Of power, and may on this
account BE- frnsr and iTHFr dlliss."
This whole movement Is as transparent q
fraud and humbug rs the Cincinnati move
ment Of the last campaign. 1t embraces a.
most exactly the same class Of soured and
disappointed politicians who year ago
raised the cry Of anything to beat
Grant" Now, the cry Is, "any.
thing to beat the Republican party
Their success win be about the same, Free
trade Is delusion and a snare. Its triumph
wOuld he the severest blow that could be dealt
at the prosperity of the county and at the
best interests Of the worklngmen. II mcani
low wages the closing Of our factories, the
depression of every mechanical interest. II
means the submission Of America to England
OF tho New World to the Old.
The PUBLIC DEBT STATEMENT for the
month Of May, Issued from the Treasury De.
partment yesterday, shows a decrease OF the
debt for that month Of ss,525, 2s2.5O, which,
taken 10 connection with the light receipts
from customs, and the heavy payments made
by the Department on account OF public