The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-27
hold the constitutional government Of Mexico re-
sp0nsible.



Comparison with the vetoes OF jackson,
Tyler and Johnson-Thc Consequences
or President Grants Executive Action
On the InMatfon Btu-The Republican
Party Demeralixed and Disorga nizcd.
WASHINGTON, April rs, 1874.
The innationists OF the West and South, from
their recent unbounded admiration OF General
Grant, have suddenly changed their music to the
harshest denunciations. lie is they say, deiip-
crate traitor to his best iends to his own section
ana his own people; that he has been bought and
sold that he Is Tylerized. that in attempting 10
play the role OF Andrew Jackson he has allen TO
the low estate OF Andy Johnson, and that he VIII
be ground to powder as between the upper and the
ne her milestone.
But the situation In which General Grant is now
placed diners widely from that OF Jackson, result
ing from his veto OF the bill rechartering mick
Biddlesn United States Bank, and that OF Tyler
from mis- vetoes OF Henry Clay's national bank
schemes and that OF Johnson. from his vetoes OF
the reconstruction acts OF republican Congress.
Jackson. as the embodiment and
DICTATOR OF THE OLD DEMOCRATIC PARTY,
was the law to his party in Congress and through
out the country. Moreover. majority OF the peo-
pie we're heartily with him in strangnng 'Bidde's
bank monstern HIS bank veto, therefore, OF his
first term. secured his election for his second
term, and by an increased vote OF
the States and the people. Van Buren,
next as his an0inted fav0rite, was chosen his sue
cessor in 1885, but Jackson's pet state banks, I'M
der his policy OF imitation, brought about the col
lapse and revuls0n Of 1884 and the popular whir-
wind OF lS40, against Van Buren, as the demo-
cratic candidate tor q second term.
These were the results or General Jackson's
financial measures HIS veto OF the bn recaarser,
ing the old United States Bank SO far strengthened
him as to give MN great triumph for second
term, and 1t enabled him to name his successor !;
but MS State pet bank system and his policy or
making money plentiful by excessive issues OF rre
deema lie paper broke down Van Buren, and de-
stroyed the prestige Of invncibiIity which lor
twelve years had been claimed and proved by the
democratic party.
The whig party's President, Vice President and
Congress came into power on the great tidal wave
OF $780, and might, perhaps, have been IN power
alter e'S he ea became President through the aea or
Harrison. Henry Clay, In the Senate, was the
embodiment Of the whig party, and his National
were acceptable to the wing party. But Tyler
vetoed those bills, and the wing party was hope
lessy crippled thereby, although q wing Congress.
by manifesto expelled Tyler from the wing
church. The results were prCfitless to Tyler Tor
the democrats did not want him and gave nm the
goby but this detection to the wing party brought
the democrats again into power in the elections OF
1874.
were a godsend to the democratic party, and
General Grants veto OF the Senate Currency Inna
Dill IKE manner Is lAlcu Oy them as u gOu-
send to the revving democracy. But here the
parallel between Tyler and Grant ends, Tor Grant
Is not candidate Tor another term, while Tyler
was
JoHNsONS vETOEs
OF the Southern reconstruction acts or repuD
llcan Congress were not only pOweress against a
two-thIrds vote IN both Houses, but they greatly
strengthened the republican party, thus making
the first election on this test OF Grant and
ana Blair and their platform OF opposition to the
reconstruction policy OF Congress. Johnson's
veto, then, IL may be said, cleared the Way for
the first election OF General Grant, johnson him.
sell going out under heavier cloud than Tyler as
a Presidential TdScO.
GENERAL GRANTS PosITfoN
under his m0ment0us veto, differs materially rom
administration, go lar, has been the platform OF
the republican party. while Grant himself, since
his second election, has been held by his party
leaders as practically out Of the field III their
estimates for another term There are also many
reasons Tor believing that since the elections or
last autumn General Grant has entertained
no thought OF taking Inc field in
his second term, and having renqushed all
aspirations for SIN another, and having no par
ticular interest in the continued OF the
publican party having, In short, no more Iavors
to ask and no 1rOwns TO fear, General Grant can
afford to be independent, and is evidently dis
over the knucxles to some OF the "cOnscript
iatners'' who assume to themselves the right O
arranging the republican order Of succession.
but whatever his motives In this veto, IL fatally
demoraliZes and discrepancies the republican party
and opens the way for political revolution IN ls7t
and an era Of imitation such as the country has
not known since the days Of It's Old Continental