The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-10-18
THE DEMOCRATIC WESTERN VICTORIES.
Their Effect Upon the Present
Campaign.
THE CITY CANVASS.
The Boilers and Their Efforts to
Present United Front.
TURMOIL In THE DISTRICTS.

The elections In Ohio and Indiana are gradually
developing an influence over the contest In New
York. although 1t seems questionable as yet which
SIDE Will be practically benefited BY the result In
the former States. On nrst sight IL would appear
natural that the democracy should gather strength
rom the signal triumph OF their brethren In the
West; and. beyond question, the nrst e1ect OF the
October victories has been to draw into the lines
the disaGected democrats who were previously
half disposed to bolt the nominations OF the Or
gantzati0n. The prospect opened mp by those
prairie triumphs OF revival OF the old demo-
cratic party ana OF q probable return to power In
the national government alter sixteen years.
leave OF absence, has induced democrats to hesl-
tate before placing themselves outside the pale
OF regularity and less open talk against the
leaders is heard now than was audible
two weeks ago. On o superficial view Tide
stock appears to have advanced in the political
market through these agencies, and II Pennsyl-
vania had been still included in the October lot
terry and had turned up as democratic prize the
struggle In New York would probably have been
to-day as good as decided But there is draw.
back to set OF against the successes IN the West
which probably has not yet made itself apparent
to the elated and hopeful democracy, but which is
likely to force itself rapidly into prominence.
THE ALARM OF THE MONRYED INTERESTS.
That drawback is to 0e found in the alarm COM
municated to the great financial intere SITS Of the
country by the evident triumph In Ohio and In
diana OF the democratic doctrine OF Reputation Of
the payment OF the United States bonds in gold,
except where the contract Tor such redemp.
tion appears on the face OF the bond. The
platforms OF the democracy OF both those
Staies were outspoken on THIS issue, and the tri.
umph Of the candidates OF that party is, beyond
question, regarded by many persons as o triumph
OF that principle. The State OF New York, with its
great financial and commercial Interests looks
upon such platform as but little better tnan
open reputation. Its citizens, with their broad
and enlightened views, discern the ialacy that
underiies this western democratic war cry, and
know that, practically carried out, the redemption
OF any portion OF the national securities In green
backs would cost us more than tenfold their re-
demption In gold, In broken and furnished national
credit ana honor. At theasame time the Western
doctrine has It's attractioT among the masses OF
the people. 1t is this undeHiabe fact that renders
1t the more dangerous Men are told that during
our war, when greenbacks were worth only
forty cents the dollar, the wealthy citizens Of
our own ano OF foreign countries bought up our
bonds paying only forty dollars for hundred dol.
lar bond. On this investment they have received
for number OF years an interest OF six per cent
investment an interest OF fifteen per cent In gold
They now claim one hundred dollars In gold for
the forty dollars every one hundred dollar bond
cost them. The Western principle denies their
right, despite the resolutions or Congress- to de-
mand gold for their bonds, and declares that the
currency that was good enough for the soldier in
the war and that is good enough for the pensioner
and the laborer to-day, should be good enough for
the bondhOlder.
WILL NEW YORK HELP REPUDIATTON2
Such an argument as this is evidently calculated
to catch the popular tancy, and the fallacy that
underies it is not readily discovered by ordinary
intelects. There is no apprehension on the part
OF any well informed person that the New York
democracy favors such doctrine; nevertheless,
the argument Is efrectually used that, should the
great State OF New York at this time wheel into
line with ohio and Indiana in repudiating repub-
hcansm and resuscitating the old democratic
party, 1t would be such an aid to the principle Of
eemi-repudiatlon as would threaten danger in the
future. Should this idea be entertained by the
money interests OF the Empire State it Is probable
that giant effort would be put fortn to save the
State for Governor Dix, and that any necessary
amount OF funds would oe forthcoming to accom-
Plush that result.
THE TURN OF THE TIDE.
There are many, however, who ignore altogether
the financial issue made in the West, and regard
the result OF the October elections as unmistak-
able evidence OF the turn Of the tide against
corrupt administration and against the general
unfaithfulness OF republican 0nicials These men
look upon Ohio and Indiana as the advanced guard
OF the November contests, and believe that the
popular demand for change in our political AFFAIRS
will sweep the democracy on to victory in New
York and other States as 1t has carried the party
70 triumph In the great states OF the West They
declare mat the venality transparent at the head
ton, and running through every vein or
the government until it interaces the
the &c county that nothing can now change
the verdict OF the people. They point to Credit
Mobilier, to revenue frauds, TO brides under the
States Senators share as counsel, TO the Southern
robberes to the petty larcenes OF federal ONCE
lions OF our mongrel city government. warmed
Into fle under the wings OF republcanisp, as
oSo o. anH gone so VIII 20
New York, PenpsYlYapla and other great States
In November. This belief Is widespread, anq It's
ps as YSf s a R8 3 ssss
to hesitate before asraylnG themselves in open
hostility TO the REGULAR nominees OF their party.
T rnSsrEoF THE s,ans1,a5 ~. s,o.
properly understood, therefore, leads to the con-
clusion that the democratic victories have
gwen an impetus TO the dem0cratlc cause IN new
York which has served to still further improve
Mr. Tilden's chances OF success, which at one time
appeared hopeless while at the same time there
10 prospect that these very victories may alarm
the sensitive mOneyed interests OF the state and
may prove the salvation OF the republican state
ticket. On the question OF candidates pure and
simple there is probably as much apathy and
lndlnerence on both sides as nave ever been
manifested in State election, and this fact has
Induced the prediction, already made In the
HERALD. that an accident might at any moment
Sa tne political scale 80 decslvey one way or
TICKET no longer doubtful. The Western successes
wouid nave probably proved the sword thrown
INTO tne palance had they been entirely discon.
necteu WIN tue financial Issue. AS 1t H. II will take
some DAYS 10 develop the actual effect or the ONO
Anu lnulaua elecClons, and to show whether they
are 70 operate as stimuant O narcotic to re-
puolicanlsm IN the State of New YORK. The ratif-
cation meetings or the democracy inspirted as
they WIN be by the exhiarating results in the
West, may give an inestimable Impetus TO the
democratic state ticket, unless the republicans
speedily avail themselves OF the opportunity TO cali
the financial interests OF the Empire STATE 10 their