The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1874-05-07

These are the Two shreWdest politics ans
IN the country. Both of them were dem
Ocrats originally, and LETT their party in
time to mount the swelling wave Of re-
publicanism. With characteristic sagae-
iiy they have both realized the uprising
1f the toiling masses against the mUnop-
oily Of the money kings. aud viii be IN the
forefront of the movement. Butler al ne
of all the leading New England repubh-
cans favors expansion. Being reminded Of
the fact said significantly, q am the only
-member Of the New England delegation
who feels himself independent CT the cap
italists of New England, aud OF those who
would enrich themselves at the expense
of the interests Of the people, and Of the
business of the country ForneY, OF
the Philadelphia Press, was the first TO
appropriate the military popularity of
Gen. Grant, when his political status
vas still matter of conjecture, to the
uses Of the republican party. Grants
sun is setting. The shrewd journalist has
discovered that his day is well nigh spent,
and that new issues must take the places
of those which have lost their vitality.
Naturally the great Money Question,
which in times past has awakened deeper
feeling than any other topics except
those on which the war was fought, has
come to the front Instinc,ireIy Ibis sa-
gacious journalist and political leader Is
the first to feel the ground swell OF tue
new movement and to 60 along with I.
From the Philadelphia Pres
One thing is certain: all PARTIES are
surprised that President Grant should
have vetoed the Senate $500, 600, 600 bill,
though in the case of the Republicans OF
the West and South that surprise is IN
tensifed by heavy disappointment, while
among the Democrats OF New York and
New England it is strengthened by the
hope thar the Executive interpositlon
may lead to their triumph IN 1876. Con
ceding to General Grant the full exercise
of his privilege, We cannot avoid reeur-
ring to the maxim Nth lChich he stdrted has
Administration, that he aooUtd not be found
ia opposition to the public aoU at any time;
and if we accept his decision against the
Senate bill as Indicative of his deter
mnation to arrest all other attempts to
relieve the country by the increase Of the
circulating medium, ii is clear that he has
taken issue aoiHt a uery large majority Of tie
american people, including q very large
majority OF the Republican party. The
veto, therefore, leaves the suffering class
es without a present or contingent hope,
He takes care to denounce what he calls
an increase of IAN irredeemable currency,
which, we regret to say, sounds harshiy
in view Of the fact that this same currency
is everywhere accepted as the best III
any civilized country. The general, If
not the universal, judgementmust be that
the Peoples prayer for q iced policy, for set
tied legislation, remains tetaasaUered. The
paralysis Of business, which might have
been relieved or cured, must continue;
and We must not be surprised to see the
politicians who have always denounced
our present currency as un constitutional,
as unsound, and as a dangerous element
in the business of the country, accepting
General Grant as the representative 81
their ideas. As things stand, the extra
ordinary stagnation III business circles
must continue; in fact, We may look for
an exaggerated condition North and
South. No one can read the papers Of
both parties in those sections-no one
can visit Washington and study Con
gressional sentiment-without anticipat-
ing the very worst results.
1t will be impossible to make General
Grants veto message a Republican test.
ANY attempts in this direction must pro-
duce confusion worse confoHnded. With
all Difference to our good President, we
beg to remind him that, in referring to
the original pledges of the Republican
party and to his own declarations, he has
attempted to play Hamlet without the
prince President Grant has forgotten
that in September last the American
people were struck by financial catas-
trophe without parallel. Before such
calamity as that all Presidential opinions
and party platforms-all the theories Of
all the political economists -vanish into
thin air. Under that blow the nation IS
still staggering from Maine to California,
except IN those quarters lehere money has
been boarded for speculation. But the
manufacturers of PENNSYLVANIA and the
Northumberland workingmeu dependent
upon the manufacturers-the oppressed
farmers of the West and the suffering
millions of the United States VIII to-day
read the message of the President of the
United States as q declaration that the
panic shall be permanent. Let rs
hope, however, that out of the storm
which this most unexpected paper will
produce some remedy will be evolved.
It is not clear to US now. The only thing
positive is the renewal of confusion in
Congress, dependency among the masses,
and, we apprehend, that terrible bank
ruptcy which has only been stayed by the
hope that the general government aud
the servants of the people IN Washington
would suggest some remedy for sutferings
which resulted from no fault ofthe people
themselves.
The .RffOf.