, 1874-07-03
POLITICAL PROSPECTS. i


| WAsHnoToN, Juno Al, 1874.
The avowed purpose Of Mr. Dawos, to retire
at tho cloao of tho present Congress, may appear
to DO an anticipation on Ills bohalf of IN Oppo-
| Bltion Congress In 1876 uo Ia not alono In this
| boliot; but hiH determination will bring the
country up to tho full realization Of tho absolute
| revolution an Opposition Congress will mako,
All tho Committees changed In compoaltion, and
thoir general regimen Of legislation adopted by
the party In Congress-, Will mot fail to givo this
country tho mold Of q fow positive men who are
now ready to como forward from the minority
and tako charge Of a1fairH.
pALANc1sa TIE THIRD TERM
The President will probably oacape tho oppo-
sition Of such Congress- by docliniug to antag-
| onizo 1t; for ho seems to hare no Affection
Traditional or impulslve, for the Republican
party, except aa It moods himself md
comes to his support. Wo shall soo
il tle Democracy make much increase noxt
year, what ratio Of influence Executive patrou-
age has to Government. For tho President has
managed to get worry nearly In the exact position
ho occupied in 1865. He aooms to bo lightly
aflliatea with the Republican party, but oanyera-
ing, II not coquotting, the other way. This
summer ho will probably choose to occupy him.
self seriously with the question whothor he will
run again. On that decBion hangs good doal
of The peace md od-feeling Of tho next two
years. II tho maggot OF Third Torn has
securely deposited its eggs In that skull, We
shall sec again potential uBo Of tho patronage,
such us Buchanan welded against Douglas, md
worao than Johnson exercised in aid Of hinaelf.
1t Is my belief, from yiow Of the surround.
iugs, that tho President IL. In that state Of
suspense between caution and seduction: His
kinsmen and connections, without exception,
prefer to SEQ him continue In ofIlclal rathor
than moral dignity, and aro quietly soliciting
opinion IN tic premises from acquaintancea Of
travel and observation. His Cabinet do not dis.
course upon the question at all, and shun the
subject with too much decision not to leave tho
impression tint they fear to affect the issuo by
any imprudent advocacy Of Third Term. Ex-
dSops among g,a the heads Of ntean and loweT
sorbinB question of the dny. T. -
THE 0uRAENoy-TANio.
Clyllians, generally, AFRO indifferent about the
political state OF tho country. Tho lobby, which
is not uutiBaed whether 1t eau do better with
change Of personnel or without It. Tho Demo-
cratic rink md file Is concerned, above all tho
rost to know I arant'a Intentions IN order to be
thia torn, and play faat and looa9 to tho rost,
The rich maus elemout, whioh supported
Grant almost soiidly in 1872, ia by no means do
oided to support tho protensions OF his ftionds
obueryar ti,at lin nyernra h,rtor ia n consorv..
tive creature, Wall street. in ite deeo channel
aud strong uutorcur1ont. has always been DDn1
oorato. and ID no 1t this dny. 10 Tho soienoo nf
banking. in its breadth and international undoi-
stauilinR. tha Hepublionn nartv'a ooncoDkionn of
flnnnoo have niwaya hor11a a volatile relntinn .
and tho Dnukors wio aot oxamplo to the,r ca]l.
iug-men like brown I}rothara. Ioriro
Brutherg. Drexcl Drothnra: ato.-hnyo
hoid flat Tia Troasnry y VIVA Al lts
best in tho day Of Robert j, Walker. md
hnB since hoen politioal onnendaoa:, ami II
tLoso mon hive supported st timeg the Ten3ub.
lican candfdatos. it waa beoauso the attit,,do of
the OnDosition was uncertain on Tia vital nuea--
tion Of reepootiur tho bonds and tho honded
interest OF lie War-Henurltina.
The Currency Hills tlsnnaaaa dnrIno &1,a ,rcs.
ent soesfon hayo sntt1ei Tia nucstione NJ Ann.
cial resDousihility in noiItcs Az fnr aa hmnIrcla
Of such consoryatiye hnnIsra aro ooncorncd'
Thoy lave aeon iii the Northorn nomnnrata IN
tue 8onato voting for q aound and ataiia our.
reuoy. while mnny of the Nnrthern Rennhlicana
-tho majority. indaed--hnva uuitefl with tho
lats Kebol senatora In an offort to mo]t o',r
bonds down to ahlnplastorr. mud giyo volume 10
paper 81 a ,peanB Of cheanoninr II infloed.
ruE pArKEns orr.
There vcro Morton and Logan. Ferry and
Cameron, gpraeuo and Pratt. Wriuht and RAM
sey, Howe and Harvey Carpenter and Ingalls,,
voting with Gordon. Mersimop, 4olltAwaito.