New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-07-25
CURRENT DISCUSSION
THE CURRENCY OUTLOOK.

THE TRIBUNE, which Is the cher OF tho
hardmoney Journals, is alarmed at the ACTIVITY Of tue
and admits the great strength they have
recently developed In a recent Issue y SAYS; Tho
iniliioniss, every here outside Of NewEngand, New
York. California and Texas, are actively ana earnestly
pushing things. II they are not met by superior
activity and earnestnes the other side their mai
triumph aud the disgrace OF the country are but qes-
lions OF time IL Is therefore OF tle hlghrst lp
to those who comprehend what great Things are az sdA
that they should know the true situation OF anhrs.
paper then 20 state from it, standpoint
the rapid advances ot the " lnnatoDsts' as "
terms its opponents. and unlustiy classes them
pected from The TRIBUNE. That Journal knows or 10
ought know, that considerable body OF the friends
of the present currency i IN favor OF violating the sol
emn pledge OF nation redeem It's bonds &C tho
time aud in the manner agreed upon N the original con-
tract aud that the newspapers when support te On
gressiona policy OF finance, wherever printed have
to say So Ihc more ta ProSPe 59s 9S
the Congress will be increased IA tle next BODY
which meets at Washington, aud that the legislation OF
the last session. which but temporary. wall
be supplemented by the issuing Of bonds bearing low
rate OF interest currency and made ntercOnyertlDe
with greenbacks 50 as to absorb all excess OF
when they are not In active demand, and vice versa
This much done, ana We VIII have a basis upon which
business operations proceed a. well az means OF
producing prosperity which will prepare Us Tor tho
resumption OF specie payments IN 1873
MIXED POLITICS.
From The Richmond Dispatch.
1t is remarked by The NEwYoRK TRIBUNE
that the Democrats OF Indiana seem thoroughly nave
FORGOTTEN the oldest principle OF the DEMOCRATIC
read them out of the party he mere Abiding to
adoption OF the popular ideas of the day by the Ind
ana Democratic Convention in regard To money and
cheap reights. and utilization OF the Convention
with the Grangers The TRIBUNE wonders at the pJt-
cal changes presented in its action but suggests ta as
Democrats opposed by Morton, good citizens
elsewhere Will take little interest IN the contest.
dovetaing Eastern with Western politics to which
recently called pubic attention. Tao !" good ca,
in the East. There are some LIBERAL Republicans
can't stomach Morton for his party butter
with regard To the South but IT Is 70 Norton,
"iniationlst" ideas that THE TRIBUNE alluies when
It represents the question between MIN AMI the Demo
Gratis as one In which good people elsewhere" Gn the
East will take little interest. so politics are getting
quite mixed up. This is all the better Those in power
full integrity. Their discords will further the ends Of
justice aud afford relief to the people 'Wnen rogues
erD, and there Will be very little chance for the public
good long the unprincipled WHO got into
power under the passions OF war hold their Positions
A FRANK IA, <, 4 nsS5S,;SSiI tlLli!
a frank acknowledgment OF the triumph
achieved by Philadelphia enterprise IN the successful
establishment OF an American steamship line freely
made IN the editorial columns Of TIE TRIBUNE recently
In commenting upon the far aud aOy written letter OF
ITS Phladeiphia c0rrespondent on that subject dIk
the thing could not be done without Congressional bo
serng. the sturdy Pnadelphans," quietly aud indie.
pendenty OF outside aid set ahOat Meet Of hrsclaSs
seagong passenger steamers. which, for the FIRST time
ia many years. on vessels OF that description carried
TRIBUNE deduces the moral for the instruction OF New
York that In the words OF its correspondent Tue way
to revive our commerce is revive it,"
THE MISSOURI DEMOCRACY.
frobI The 81 Louis Times
Speaking of the Democracy of Missouri, the
political itemizer OF THE NEw-YoKK TRIBUNE remarks
If they follow out their proposed policy or adherng
the principles OF 20 years aud nominate ticket
composed only OF the most extreme Democrats their
opponents will enter the field with strong hopes
cess" But not aware that the Democracy ~
Missouri propose adhering 10 the principles OF ono
particular period another; although principles that
were sound 30 years very likely to be sound
to-day they then. They do propose, however,
10 replace the shameful principles OF the Radical party,
exemplihed III its shameful practices. with suOsti-
ute that VIII prove OF saIutary and lasting dement, 70
the American people.
HARD PEOPLE To STRIKE
From Inc Eii<Ibsih HerG1
The reporters take really III high dudgeon
the efforts VI Mr. Parton magn the craft In HIpers
Magazine and, through The TRIBUNE, demand that, II
the oIeudlng cavalier caunot be made To Gis-
the right the magazine which currency 70
the article snail itself make ameude. These dilly
journalists the hardest people In the world strikes
their DIRE incessant that luDberly monthly has no
chance to strike. We shall have whole month
for the reply OF HARPER; and by that time the dis
cussion will have become Hat and Improbable that
It's revival will be hardly worth while.
C0MMENDABLE ENTERPRISE.
Prom ne Itrrs HIs.e Ga5e.is
THE NEwYoRK TRIBUNE of Wednesday
morning, IN addition to teegraphic account OF tue
Chicago fire. large OF the city, showing tue
burned district Before the fire Is withn control. IHE
TRIBUNE readers have pictorial Illustration VI tho
same. Very fair enterprise. that
-
The case of Arnam ct al. agt. The Star OF