New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-10-15
that INTERVIEW.

| HiaAs va tAe AAaUe1ai I'aLiC s-hi LIS
views on the subject as printed III the
papers Of this city have been freely and
unhesitatingly accepted as genuine by
them. and commented upon in style
peculiar to each. The REPrgL.caN. ne:
being gifted with disposition favorable
20 the too common practice OF "inte.-
views. and knowing how necessary i: is
to receive. with many grains OF allow
:nce, Geographic reports, particularly Of
| this kind, has no. been hasty in express
| ing an opinion either in regard to the
commences OF the interview in question
or Of the views j: is reported 70 have
elected from the President. And even
| though We are not now prepared 20 be-
!ieve that the Presiden: has allowed him
self TO BE interviewed by a common Eo-
hemiar. and laid "be:ore him. as his
policy. grave matters Of State. which
should be consulted on and matured in
the Cabinet, whom the laws have provided
him" the language quoted is from the
PicGyuas>, We will take i. 60. granted :ha.
the President. '!p an interview" held some
where-possibly in Cabine: meeting
has expressed bis views in regard to mat
:ers Of grea. public interest. For tie
benefit OF those Of our contemporaries who
have given hype-critica! reviews Of '':ha.
interview" We will accep. the teieg.aphic
report % correct. and with their own
weapons words prove the weakness Of
their assaults upon the President.
After commenting on the improperly
Of President OF the United States allow
ing himself to be interviewed by tie re-
porter o; q newspaper, the Picaylule makes
the following remark in regard to tie re-
ported views Of the President:
We therefore suppose tia. mi. p,onun.
cismien,o of his opinions is pu. forth 10 sup
por: the waning popularity @: President
Grant. and 70 arres: the wide spread dis
co2ten: with lis party.
This is the same story he I.:oy,.1..
told last year. only under diaeren: cir
cuEs:ances. Then it was trying 70 con-
vince the people Of the waning popularity
Of President Grant and of the wide spread
hsconten. peyyading his party in order
70 accomplish his defeat in the presiden-
tia! election which took place LAS. fall.
How signally it failed in that the alnlos.
unanimous reelection Of Mr.. Grant has
very clearly demonstrated. Its ohjec: is
now the same though it has 20 wait much
longer for al opportunity TO show tina: i:
is correct in wha: j: says in regard to the
waning popularity Of the Psesiden: and
the Republican party.
The P;c,yatns then very generously gives
the President the credit Of being made $50
repeat good dea! Of the good sense
now floating through the press. This mus:
be regarded as q very important admitted
poin: IN favor OF the President; for 20 be
able TO sift the good sense from the bad
that is now floating through the press ar-
CUES well for him tina: can 10 il. The
T:.say.ne then enters into long and
decisive argumeu.-:he same tia: IS
used hy al the opponents Of orr
presen. currency and financial and
banking system TO prove that the present
panic is the :aui: o: the government. re-
suiting from paper currency. Nothing
can be further from the truth than this.
and we are astonished tina: the 1icG.pm.
is still unable 20 see the true cause O: The
present limited financial troubles in this
country. Il is forced to admit tina.
''gseenbacks rose to four. six and eight
per cent" above their value. as compared
with gold. when the panic commenced in
New York. and strives 70 show tina. the
appreciation Of our Eationa! currency 70
gold, il 4 francia! crisis. was caused bv
the boarding Of the same. This PROPOSE
ton is bes: answered by askin: who are
boarding currency: The banks nre evil
IDENTIFY doing the mos: Of the boarding by
suspending the payment Of depositors.
Heretofore the suspension Of banks
IN times O: panic were confined 70
the Ee:usa! 70 pay out gold and silver,
and the consequence was g,ea, aeprec:a-
ton i'll the value Q: bank note. all over |
The country. This materially affected all !
classes o. the people. ana unde, that state /!
Of things, when gold and silver we've made |
the ruling currency, panics became gen
eral. and destroyed for time tie pros
perity of the whole country. The Fi2a-
yasns's ideas about gold are way behind |