New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-04-12

ting disputed questions, in case the Yves
and South insist upon having the fnan
cial policy of the nation, as shaped b,
Congress, carried out by the federal adj
ministration. The fact that the Herald i.
trying to array the President against Con
gress upon SO vital question as that O
adjusting the financial policy of the coun
try to standard that will meet it's grow
ing wants, and at the same time sustain
its credit, is scarcely less ominous thar
the fact that it is endeavoring to make il
appear that a spirit of sectionaIism has
governed Congress in this matter. All
rejecting and well-meaning men will re-
| gard any attempt to revive q sectional
feeling in this country as mischieyous, j:
| not dangerous.
The Herald not only charges that Con-
gress, in dealing with the currency cues
ton, has been governed by spirit OF sec
tionaiism inimical to the North and East
but it charges that the South and West
have banded together in support Of sec
tlonal legislation, thereby melting the
North and East to take sectional view
OF the subject, and actually predicting
that civil war will follow should the ma
tional government attempt to carry out
any financial policy not dictated exclu-
sively by the moneyed men OF the North
and East-or, perhaps it might be more
properly said, Of New York and Boston.
If the Herald thinks the great body of
workingmen in the North and Eas! can be
induced to shoulder the musket to sus-
tain the moneyed aristocrats Of their
own section against the interest of
labor throughout the nation, it is plainly
as verdant in its knowledge of human
nature as it is vain OF its power for good
or evil. The great army Of laborers in
the North and East, those who till the
soil, work at the mechanic arts, etc, have
no feeling in common with the men who
speculate in gold and fancy stocks, and
they will not support at the ballot-box the
pretensions Of q moneyed class to control
the financial policy of the country, much
less take up the musket in aid of rebel
lion against the enforcement of existing
laws. Therefore the Herald's attempt to
arouse sectional feeling and inc;te civil
war at this time, will prove as harmless as
its attempt to have the city of New York |
secede from the State Of New York when |
The State authorities determined to stand |
BY the national government in its efforts to !
put down the Southern rebellion.
The suggestion in 1861 that the city
II New York rebel against the au-
hority Of the State was scarcely less
ridiculous than the suggestion now made
o the effect that if the government at
Washington persists in carrying out the
Jews OF Congress in regard to the cur
ency question the North and East will
ebel, and civil war viii ensue; and yet
he Herald seriously maintains that this
MI be the effect Of the governments
cfuslnS to accede to It's demand, !
learly made il the interes. Of the
class, to abandon the policy OF
1creasing the presen. circulating me-
lum OF the country to an amount re-
uired for the wholesome pursuit CT bust
ess. 4 the Herald had been content to
rye its objections against such q course
18th view, if it could not succeed il ,
aving President Grant veto the new ;
nance bill, Of referring the subject back to
lie people in the election Of congressman
ext fall, its opinions would have com
anded respect, even though the county :
as not prepared to indorse them. But :;
at being too tame course for the paper !
at essays to be 8 great political power
the land as well as a prophet, it pre- +
cts civil war as a consequence Of a
lure on the part of the government to .
Try out its views. I. falsely assumes 4
at the increase CT our circulating
edium voted by Congress to meet the
mands OF business, is imitation. We are a
tisfed there has been change Of views e
| this subject since last fall. Then the T,
eatest Of New Iork's fnanciers were
king the government to extend the
Of its currency by forty mil
ms in order to relieve the banks Of that
eat city and save the business men from,
pending ruin. That movement was
lde to benefit New York, and although
proposed to have the government do
thout sanction Of lew and for the T
netlt OF few, what government
5 since determined 70 do with e
lction OF law for the benefit Of the -.
ole country, no one thought it a sp
assure OF imitation. But it is not i'm &C
'bable, after all, that the principal OBJ 1T
at the present time in denouncing the b,
ancial policy Of the government is IA
her to divide the Republican party BY ?.
aging the President against Congress. ire
falilnS II that, to accomplish the same alb
ect by creating spirit Of sectional III
among the people that will array the id
nth and East against the South and re,
ST. As the Her01d never possessed be
love for the Republican party, it is m, me
at all unlikely that in attacking to
financial policy of the administration sh'
nay be inflated with the idea Of seek no
to Pave the way for the election Of s ca,
nocratic President in 1876. no
isl
TEE NEW DEPARTURE. fra
must be observed that the people / are ar