New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-10-07
CURRENT DISCUSSION.
THE GREAT QUESTION ABOUT A THIRD TERM.
from The Dubuque Tsle9rdph -, =,

THE GREAT QUESTION ABOUT Third Tenn
THE NEw-YORK TRIBUNE regards the third
term question above all others in Importance TO the
Of unsettlng tho foundations Of the Government II
the foundations OF the Government were not areaay
and indeed displaced by others OF dHeren
Character The TRIBUNE would he right But the fsun-
daons being already unsettled and displaced as we have
said the question Of third term does not so much con-
iict with the new foundations IL would with the old
ones II IS not the election OF person TO the rres
dency third term that has In 1t so much to alarm
the people Of this country who are. or who are sup
posed to bo the masters OF theirown will and judgement
which the Government Is administered by the Presden
well in bis first as in hs second term nat Sasna 10
that may Dc President or how long it may be tbat ne
in o hSS ns s
whether he makes Government Went TO ,ne de
Of the governed aud for his own ends. -
TAXATION SYSTEM OF NETWORK. ...
Prom 7N Troy PrcsI
The city of New-York is the commercial
center Of country and there within It's limits the
offices OF OF the largest Railroads, and companies o.
s s sn an Is csed to the city Il
paid by people all over the country. IL Is doubtful
w anqy
people OF NewYork CITY put their own valuation upon
or the personal tax wo never yet heard that reached
within thousand per cent OF its real value Leg any
are proclaimed to be worth more than the entire a.,
sesscd valuation OF the county OF Albany such men
count against very large body OF people ana make the
consideration OF taxation upon basis OF population
ridiculous THE TRIBUNE prints table OF the increase
The fact that while the assessed valui'on IN six
counties has Increased in ten Yeas nearly
81 600 the remaining 81 counties the increase
has been than SIS 900 Is subject worthy OF con-
deraion That ia iaa o COUNTY n
creased 1000. while III the same Time tne county .,
Monroe added 1900 Te ~ 10 no Of
Albany County was raised more than sl8OOO,oW or
OF 1e oboye fable Now We d do believe
that County OF New York or OF Albany mas DSen
Counties are very greatly underyaued. or course the
injustice just great but II arises from oinerent
new system by which all property shall be brought to
help bear the burdens OF government
SUSPENSION OF GREENBAcK PAYMENTS.
THE TRIBUNE of New York thinks that the
temporary stOppage OF redemption, or as that journal
scheme to work. greatly strengthens the argument for
the suppression OF small notes after resumption. And
80 1t does, demonstrates the impracticaDy OF
asserting at central office great mass OF notes large
aud small nOminallv issued by 1000 banks with sum
cent rapdity to meet any unusual demand lor re1ep
ton But after ALL the stoppage merely strengthens the
argument too cogent to need strengthening that It Is
impossible keep enough coin In the country 10 make
redemption more than sham II all the channels or cir
culaticn fully occupied by notes The Temporary
suspension Strengthens the argument Tor the suppress
SION OF all bank issues for circulation FAR more
than it STRENGTHENS the argument for the suppress
OF the notes of more than 1000 banks ana Inc con-
ant one OF % @ miles, Of territory
can never he made work satisfactorily The redemption
counters of banks issuing them can never amount 10
anything because such notes can never DE auo 10 stay
within redeemlng distance OF home
CONSTITUTIONAL ELECTION OR MOB RULE.
From The Springfield tIL) Journal
The NEW YORK TRIBUNE, from whose ante
least fairness and honesty Ia harmony
with the law abiding sentiment Of the nation was To be
expected in the discussion OF the Louisiana question,
SAYS: Mr. Kellogg has now been reinstated at New
Orleans by MajorGen Emory, after remaining IN seeu-
SION at the Custom house just long enough TO convince
the world that party whatever In Louisiana sus
tanned his pretensi0ns to the GOvernofshlp" NOtwn
stand ng THE TRIBUNES argument. scarcely more than
a week ago, that the General Government could uo
nothing than sustain Kellogg the above amounts to
an inatIon, If not direct assertion that the dicta
ton OF New Orleans mOb-than which nothing can DE
conceived unreasoning and NEUTRALITY-SUSPICIOUS.,
all have been accepted as nal On the principle
adopted by The TRIBUSE-aud we are sorry 10 say IN
dorsed large majority OF the partisan Democratic
OF the North well as OF the SOUTH faction OF
throw off the rule OF constitutOnaly ana legally chosen
Governor and substitute i'll his place the choice OF
mob. But THE TRIBUNE will shelter Itself behind the
argument that Gov. Kellogg was not legally elected
Governor louisiana What conclusive proof has II 10
present of that fact Does 1t refer TO Senator Carpen
ment is from maintaining that McEnery was elected
That report charged frauds on both Sides Kellogg was
sustained by u State Court in decision which the SUI
prepe Court OF the United States refused TO set aside
and the McEuery party failed to bring the matter before
the courts form IN which IL could be recognized,
well knowing that their frauds must then undergo IN
yestigato They preferred to rely upon popular com
motion and the assassinatons which The lRIBuNE, WIN
jeerng ana heartess sneers AZ the suffering OF
the white and cOlOred Republicans OF the south. now
virtually justies in spite or its pretended conuenna
ton few days ago.