The New York herald., 1874-08-01
President Grants Detection In
dignantly Denied.
CHEAP TRANSPORTATION
The Currency, Civil Rights and Tariff
Questions Discussed.

revenue tarif so formed as TO afford protection to
American industry. He also made reference to
the position OF the democratic party on the tenn
perance question, claiming their tendency was
against temperance reform.
or the, republican party, he said that nearly all
that is known OF corruption in that party has been
shown by Its own diligent determination and
the prompt exposure Of every Offlcial delinquent
who has been discovered The detection and ex-
pOsure Of the Credit MObler, SanbOrn and District
OF Columbia transactions were the voluntary and
earnest work Of the republican party. and
while it may show here and there diseased men,
ber, yet it clearly reveals the healthy tone, vgor
and sound condition OF the mass He said for
years to come the contest will be between the
publican and democratic parties, and between
them there is
NO ROOM FOR A THIRD PARTY,
and every one that Is organized will be feeble and
ephemeral. These parties represent different
ideas, tendencies and modes OF thought, which are
| in rrepressibe conflict
| Referring to the bill passed by Congress fixing
the amount OF legal TENDERS at $685. OOO,Oo he
said tr extinguished the threat Of contrac.
tion aud Is an explicit declaration against that
policy. He reviewed the debate in Congress
| during the consideration OF the Finance bill, and
| quoted from his speech made during the first de-
bate as defining his position, which lie had MAIN
tanned throughout, and believed it was the position
substantially occupied by those in the senate with
whom ne acted and to which ali others have prac-
| THE NATIONAL BANKS,
he said afford currency that is perfectly secured
In which everybody has entire confidence, and
United STATES; tnat is not easily counter
feited anu is unqpestionabIy the safest
try has ever had. The proposition to
destroy this banking system involves radical
change In the finances and business Of the
countryside collection and Withdrawal of more
than $500, 100000 of loans which these banks have
to the Rs vsS wcn s
event must produce upon the business of the
country, and years of doubt and experiment be.
lore another system can be established IN It's
place. He reviewed the contradictory resolutions
IN the democratic platform, ealing for the
| asking TOR y return to specie payment and
claimed that the former would under the latter be
impossible lie passed Used, to dtrs the snojec'o OF
and claimed that the C constitution OF Indiana was
even more explicit than the Clyil Rights bill, and
quoted from the Court of Decisions In the state,
be excluded from the public schools:
aeA the President t sympatSizes with the southern
viii dlrer with Northern republicans upon that
question, and this impression emboldens the
in the South day by day. For this impression
know Of no foundation. No word or
his December message he expressly recommends
the enactment Of a law to better secure the civil
rights which freedom should secure put has not
enectualy secured to the eniranchised slave, and
repel with indignation the suggestion that the
| President will prove ialse to the
| PRINCIPLES OF THE REPUBLICAN PARTY.
In regard to corruptions and disorders existing
in South Carolina he said there was too much
truth In them but, he said they were not po-
tlcpated in them. He spoke Of the Rect
teentionn tenn to the fact tnat after the former
treaty had been in operation eight years Canada
posoa Of the EMPIRE and he
favored treating Canada as foreign country as
long as II remained 50; He opposed free trade,
favored direct vote OF the people for President,
TRAFFIC By RAILROADS
| as well as other routes by the general govern
ment. AS to what regulations would be neces.
sary, he said it should be lett to the discretion OF
fhsss c ea5e III The s01
formIty of the reguiatiOns-that ls, no
s,e or n be sna
dealing with the people OF all the states are i'm
pressed upon all the powers given BY Congress, so
more than another. Cheapness and uniformity of
operation, speed. convenience, promptness
through these
length should be governed by uniform methods
and laws. The railroad interest Is 80 vast and SO
fort OF every community. that it Is OF the utmost
Importance not only to the people, but TO the
eral laws. and, SO lar as possible, blended into
harmonious whole.
The supervision and control OF interstate rail.
roads by Congress would give rise to a number Of
regularity reg Of trans. uniformity o opera lou Con.
nectiOns, inspection OF tracks, bridges, locOmO-
tives and cars &C.. and IN many other particulars
Opment OF the railroad system and the interests
and convenience OF the people. That 1t Is not pos
sible for Congress to enact general laws establish
ing Uniform rates for freight and passengers upon
ali interstate railroads, is too clear for argument.
These rates must necessarily vary on different
roads and in different parts Of the country The
cost OF construction ana OF operating some roads
is much greater than others. Upon some roads
exceeds that on others. and there ore 80 many
circumstances which would make a change OF
rates proper and necessary that we may
assume at once that uniform rates for
Ireights and passengers cannot be established.
OF Congress and to be practicable to establish
Boards OF Railroad Commissioners, to be vested
regulations, WITHIN which they shah u have the m
power to supervise and regulate the rates ior
lreignt ana passengers upon lntersate rairoads
different localities OF classes OF persons, to prevent
COMBINATIONS BETWEEN RAILROAD CORPORATIONS
and other persons to put up the prices Of freight
or passenger iares; to prevent railroad corpora
tons taxing advantage Of the obstruction OF lakes
freight and iares beyond what would be reason
able, lair aud honest profit, and, in Short TO pre-
people eop Of the country by railroad COMPANIES,
nSweTer T attempted saIra. to be practIsed. Iney
try, on the one hand, and the railroad companies
on the other, that the railroad companies shall
nave the full enjoyment and projection of their
property. and be allowed to receive such
rates of compensation as will make 1t fair
and reasonable for the capital, Skill ana labor
aud responsibility employed. the results to be
arrived at under such rules as may be provided by
law or adopted by the Board Of Railroad Commls-
soners for their guidance. The interests and
rights OF all parties should be protected with equal
care and vigilance, the railroad companies to be
left in the control OF their property, as lar may
be consistent with public interests and not
to be lnteriered with by those Boards OF
Railroad commissioners except In clear
cases. Upon the question OF the limit
OF power or States to control railroads he SAID,
each state may regulate anu control the commerce
which Il purely internal to ITSELF and all the rail-
roads transporting sucn commerce. without inter
ference BY Congress-, and may doubtless, IN the
absence OF Congressional legislation, make regu
| or over any mart OF lia ferrIforY nro.