Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1874-05-01
VOL. 80.
THE VETO AND ITS CuNSs:-
0gENCES.

|
QCENCES.
When President Grant took upon
himself the duties of Chief NJ, eistrate e
of the United States he declared that
while upon all subjects he would "have
a policy to recommend" he yet would
have ''none to enforce against the will
of the people," But the times have
changed and Grant has changed with
them.
The will of the people, or at least of
a very great majority Of them, was
quite recently, and very plainly ex-
pressed in regard to the increase of the
currency, but President Grant has
! seen fit to disregard it. In word,
contrary to his declara ion, at his in
iuguration, he not only has policy
to recommend, but he has one to en-
force against the will of the people.
President Grants policy is the policy
of contraction; the will of the people
is that there shall be an expansion of
the currency
This veto power has overrjdden the
people and for the time hushed their
voice; but not for ali time The wolds
OF the veto message had scarce be, n
heard for the first time ere the men of the
West were loud in condemnations of it
We are told that
Members gathered in little
knots, and in several eases dele
lt.Nt, FrxN, L. !
NAL consultations. Indiana, Iowa.
Michigan and Wisconsin were pretty
thoroughly united and ready for al
most any declaration against the stand
taken by the President. On the Sen
ate side Mr. Carpenter expressed the
opinion that this veto would simply
remand the question to the Congl es-
sional districts, and throughout the
most Of the West the verdict would be
heavily against the President, and in
sure the return Of q House Overwhelm-
lngly pledged to initiation. Mr.. Came
ron expressed the opinion that as aparty
measure he regarded it as the greatest
mistake President had made since he
was in Congress. Two prominent
members of the House and strong Ad-
mlnlstratlon men said that they could
see nc way to answer the argument
which would be sure to be made by
the opposition, namely: That when the
panic came New York capitalists be-
sought the President to issue the
forty-four millions, and he did as they
desired. Now the same men had come
when Congress had provided for It's
issue to the West and asked the Presi-
dent to veto it, and he ha I complied.
Senator Morton thinks it very doubt
ful whether any measure can now be
passed Quite number of House
members declare there shall he no ad- |
iournment for the summer till the |
President does sign liberal bill.
These various statements indicate |
pretty clearly the character of talk !
about the hotels to night, and excite
ment rather increases rs the evening |
wears or.
That is 4 strong point and well put,
about President Grants subserviency |
to the dictates of the New York
Bankers, and will strike very forcibly
the minds of the Western people.
So completely indeed is the Presi-
dent under the sway of the money |
changers of the East, that it is said |
in official circles in Washington that |
the argument which finally decided !
him not to sign the bill was that if
executed it would Immediately with !
draw so large an amount Of currency |
from New York as to create a serious
and widespread panic.
That the PEOPLE Of the West viii su D |
NIT to st:ch treatment, when they have
it in their power to prevent it we 60 |
not believe.
We are ROW beginning to make his
tory that will be remembered. PreSi- |
dent Grant has united himself with
IL eastern wing of his party, thereby
forcing an open ruptur" with the wet
ern wing.
! discussion VII be bad i'll tic Sen
ate before the vote is taken upon pass
lag the ban over the veto, aud It prom
i-cs to h.' an interesting and an event
fui one s}ci.atnrS Morton, Carpenter,
Logan, West, Harvey, Ingalls,, Prars,
Ferry, OF Michigan, and Og!esby, all
western men, have declared heir pur-
pose to maintain and defend their for
mer positions upon the brll, if not a
Willingness to come to an open issue
with the President on the question.
Verify, the future begins to look
bright for the natural allies Of the
SOuth and West