The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-23

of this His language all through was
very severe and only just within the
verge OF courtesy. Mr.. Knox was evidently
uncomfortable. Loyan charged him directly with
misinforming the President. He was sarcastic In
his allusions to the sloAoes0oo naston poinr. ana
there were MANI. -stusions by the innationists
present TO the inaccurscy OF the statement.
GRANT AND His PARTY sszsnsp AN
II this scene and ths comments Of the crowd
quite representative one In c0Uposttion-is to be
regarded a. any evidence OF the feeling aroused,
It Is quite certain that the veto win cause
division In administrstion ranks Grant was
frequently referred to as 'Tylertzina."
KNOX CONSOLES nIMsBLS.>
Alter his controversy nc the Ebbtss House with
Logan ct al Comptroller Knox made diligent and
successful inquiries where ne might sec and read
the fateful message. He found ana read It, and
While reading passed each sliken sheet OF manifold
across the table TO the distinguished anti Butler
Representative from Connsctlcut. The Comp
troer stil heated alter his recent attack ana con-
troversy at the hands Of the great innationist
eagerly scanned the pages OF the veto, and broke
forth In ordinations OF satisfaction. Said he,
Logan said i had told the President that
] had still remaining IN my vaults S4000.O0o
Of unissued currency. and then taxed about the
Cook County Bank. never told the President
word OF the kind, but would II he had honored
me by asking about the Cook County Bank. I
tried hard for . long time after / became
Comptroller 70 save them two or three
hundred thousand, and 1t was only when
they were NO longer entitled to the issue. ana is
was assigned to another state that they wantedit
HAwLEY Likewise CoNsoLsD AND EXALTED.
General Hawlcy, during this speech from the
great cheftatn Of the national banks, Sal moodiiy
and anxtously waiting the end OF these
marks, and then spaxe these words:-"This
Is the greatest thing In this country
since Appomattox Court House. Grant is great
man. He is statesman. Every time that all parties
friends az wcil az ioes combine to ind fault with
him he does some common sense thing that aston
lshes the whole country. This message Il the best
thing since Appomattox Court House. Look 1t
this (hoding up the page containing the nrst
part Of the message). 1t Ii q complete and terse
summary Of the nrst part OF my speech on thissu
ject" Knox gazed speechess at the General and
they both passed out, meditating on their own
greatness.
SENTIMENTS OF THE PACIFIC COAST SENATORS.
The Senators from the Pacific coast. excepting
Senator Mitchell. are confident that the President
has saved the republican party from destruction.
They believe that the principles advocated by them
must necessarily win sooner or later, and there
fore that the party which continues to advocate
think that President Grant had fAaled 10 this re-
spect, the democrats would have seized the oppor-
tunity with certainty OF final success They have
been untlring In their efforts to secure the victory
which they claim In part to be theirs. Senator Sar-
gents speech at the time OF the passage OF
the bill in the senate. when he declared his inten-
ton to abandon any party which would sanction
national dishonor, has been repeatedly spoken or
aud his calmness when the result was announced
Is construed TO indicate that he did not make his
Significant speech without some intimation OF the
Presidents opinions. Senator Hayer, who is
democrat, being new member, has little to say,
but appears gratifsd on general principles. Sena-
tor Jones is absent Senator Stewart reflects only
the common ana united interest OF the Pacific
Coast, which is ana has been uncompromisingly
for o speedy return TO specie payment. These Pa
ctdc Coast Senators, however, are not yet pre-
pared to say whether they think that the veto
should De sustained strictly as . party measure.
Their opinions are based more on the peculiar
wants and desires OF local constituency than on
national grounds.
SENATOR sPRAGUE ON THE VETO AS STATE PAPER.
Senator sprague, who voted for the bill con-
siders the Presidents veto message admirable
| q State paper as ever emanated from the pen OF
| Andrew Johnson, and has more Of the element or
reconstruction in 1t than was embodied In any OF
| President Johnson's famous vetoes.
l GENERAL OPINION IN rHR H0usE
| On the democratic side OF the House the news
was received with much surprise, but with dir
| ferent views. according to locality. The Western
and Southern democrats are united In the opinion
| that the veto OF the bill viii send an almost
solid democratic delegation to the next Con.
gress. They did not all have faith
In the beneficial results of the bill to their people,
but seem to think that the continuance OF hard
times win be attributed to its Veto and that the
great body OF the people west OF the Alleghanles
and south OF the Potomac win indicate their re-
sentiment to what they consider the influence
OF Wall street at the next election. Many OF
the republican members nom the West and South
talk In similar strain. Some Of those from lndi-
ana. Illinois, Michigan and Wisconsin seem to
think they have no longer party, but that it Is
only question Of money against the people.
Already the proposition IS made to repeal the
ten per cent tax on the State banks and 1t will be
followed up they say, by further proposition to
pay The bonds in greenbacks, and thus rid the
country the enormous burden 1t bears in the in
terest OF their holders. Both democrats and re-
publicans from the West and South are
Of opinion that the representatives or the
bankers and brokers who were here to advocate
the veto were Influenced more than anything else
by the fact that the bill produced contraction In
New York, but left more money in the banks out
side They say the time has passed for New
York to rule the finances Of the country, and
that the West and South are about to assert them
selves Such Is their general talk and the next
Congress will probably show that Grant has &C.
complshed by his veto what otherwise would not
have been accomplished-a basis for combina-
tioa Of all the elements or opposition.
THE LIBERALS PLxAsKD.
General Banning, Of Cincinnati, who by common
consent represents the liberal republican element
in the House, hts admission to the republican
caucus at the beginning OF the session hav-
ing been made test question, says
that the Presidents veto viii accomplish
what the liberal republican movement failed
to do; and that is IL viii divide the orthodox
party in twain, ana give to the people such an
Issue in the next Congressional campaign as will
compel them to ignore party lines and square