New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-11-25

will have a majority Of the full Senate,
vacancy having 80 far existed through the
reluctance of the majority to welcome Mr.
Pinchback.
The IS Anti Infationists whose terms expire
represent the States of California, Con-
necticut Delaware, Maine, Maryland, Mas
sachusetts, Michigan, Missouri. Nevada, New
Jersey, New. York, Ohio, Pennsylvania, Texas
and Vermont Six of these States, including
Ohio, California, Maryland, Connecticut,
Texas, and Delaware, have already electeu
their new Senators, and the 1nHationlsts nave
made no gains that we are aware OF. Inc
only State where they are likely to gam is
Missouri 1t will be q sad and shameful sIght
to see the place of Carl Schurz taken by an
Inflationist, but we suppose such catastrophe
is probable.
The 10 Infationists represent Florida, lndi-
ana, Minnesota, Mississippi Nebraska, Rhode
Island, Tennessee, Virginia, West Virginia.
and Wisconsin. Two of these States have
already elected, but we know nothing OF the
views of Mr.. Withers of Virginia or Oh ME-
Bruce of Mississippi in relation to the cur
rency. The latter, however, is pretty sure 10
he an InAationist, and the former not unlikely
to be one. The only State the lnfationiS.S
are sure to lose is Rhode Island, when ~
offset by their probable gain of Missouri. 1t
is barely pvs5iuiu tnaJ one or two OF the hve
Senators to be elected from Minnesota, Ne
braska, Tennessee, West Virginia, and Wis
consin may be opposed TO Imitation, but 1t Is
hardly probable.
There are nevertheless three or four chances
of escape from Initiation. Of these we put first
the growth of an enlightened public opinion
The people have already made great progress
in this direction, and it would not be sur
prising if one or two of the Senators, upon
whose votes tho Inaationists have hitherto
been able to depend, should in future give
the currency quacks the cold shoulder. In
the second place, we put the inherent difficulty
of the agreement of the InflatiOnis upon any
practical measure. The free banking deluslon
Will hardly be able to survive the ridiculous
failure of the bank note redemption expert
ment, and it is clear that in the next Congress
the National banks will not be as strong as
they are in the present one. ANY attempt to
increase the legal tender circulation above
$685., 100000 the President would be pretty
sure to veto. In the third place. there is the
contingency of such a recovery in the business
of the country as to put stop to the clamor
for "relief" Finally, we have the President
himself in measure committed to measures
the reverse of Initiation, though he did sign
Mr. Dawes's wretched bit of patchwork. We
confess there is by no means an impregnable
bulwark against Imitation but we trust that
the influential portion of the community who
know that Initiation will bring with it the
certain destruction of everything that is built
on credit-that is to say of everything founded
on the belief that pecuniary engagements will
be honestly kept-wlll exert the moral force
to which American citizens have never been
insensble. The stakes are the prosperity, the
happiness, and the honor of our nation for at
least a generation. They will not be sacri-
feed, if sacrificed at all, without desperate
resistance.