The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1874-11-12
CIRCULATION.
The average daily circulation Of DAILY GLOBE,
THE DEMOCRACY AND THE FG-
NANCES.


THE DEMOCRACY AND the FI-
NANCES.
The public pulse to which statesmen,
philosophers and politicians alike apply
their touch, as the indicator Of the public
wealth, is the finance of the country. The
situation and success Of ali public indus
tries are measured by the application of
this test. The credit of all nations rests
upon their resources, and the character of
their administration. Looking at the dem
ocratc platform OF several of the states.
there has been some alarm lest the ascen-
dancy of that party in the nation might
eal to system of finance that should
impair our credit abroad and most ruinous.
ly effect our national enterprise and bust
ness at home
We have had like approximations, and
have come to like conclusions in reference
To individual republicans. We think tina,
oAr senators in congress from Vermont are
essentially representative men, Of the re.
publican ideas of Vermont. 1t does no,
surprise US to find, that on most questions
"f finance there are irreconclablc diff
cnces between them, aud for example
Messrs. Morton of Indiana and Logan Of
Illinois We do no, make this comparison
for the purpose of dcnouncng the latter
gentlemen, but only to. show that there arc
as wide discrepancies Com our established
convictions among irinbiicans rs there arc
among democrats.
y" one question: he ability Of Mr.. Nor
ton. In more ways than one lie has been
looked upon rs the leader of republicans in
the United States senate. As to Gen.
Logon. no one will question the hold he has
upon the republican, ,arty of Illinois. 1t
does not, therefore seem to us fair ia con-
clude or apprcAend a natl nal calamity be-
in the lower house of congress, and some
Of the states whC, have endorsed them are
committed to what are commonly known as
measures of initiation. To the credit of
President Grant, history will record that he
stood between the people anG republican
congress, who would have committed them
to an expansion of the currency. Though
the measure finally adopted by the last ses-
not the expansive elements of the bill which
received his Veto
In looking over the political field, we
find much to give us encouragement that
the democratic Congress which shall come
into power next year, will be one in which
no wild vagaries on financial questions will
receive endorsement The position Of both
parties in the state of New York, is such as
to command the confidence of the great
commercial classes of all shades of polit-
cal opinion. They rest assured that the
ascendency of either is not to inipeiil the
interests of the metropolis of the nation.
In all probability the Hon. Horatio Sey-
mour will be chosen with great unanimity
to the United States Senate in the place of
Mr.. Fenton. He is known to entertain
such sound views on all questions of fl
nance and trade that the people are not
afraid TO trust him. Mr. Conkling is no
less true representative of the national
interests at the great commercial center.
With man like Horatio Seymour in the
commanding position of Senator, from the
state of New York, we can hardly believe
that any measure which can imperi our
credit or seriously effect through the in.
terests of trade, can receive the indorse-
ment of democratic Congress. He will
be fortified by the emphatic resolutions of
the democratic party of New York and
backed up if necessary by the reiterated
sentiments behind him.
Another consideration there is no sub
Ject that politicians can touch, so sensitive
as that of finance. This single chord has
millions of connections and ramfications
that run out to every village and hamlet in
the land. The democratic party has mere
ly captured an outpost in the late political
revolution. The great battle is vet TO be
fought in 1876, for the possession of the
government. 1t will not hazard its sue
cess hereafter, by proposing radical changes
now tina, may seriously effect the business
enterprise of the country We hope for
tie best. If the fiedged and unlledged
statesmen will give the country rest and
allow ii to so on in the line of national
policy, with which it is already familiar,
only striking down with unspairlng and
heroic hand every corruption and every
abuse, we think it will be well.
If such shall be the aim and purpose of
the democratic party, who shall say, that
we shall not have, in 1876, something of
the return of that political spirit, which,
in the days of Madison and Monroe. well
nigh buried the differences and distinc-
lions of parties and brought together, in q
common political brotherhood, the warlng
elements in national politics. We are not
of those who believe that national parties
aie dangerous or demoralzng. We hope
they may always exist. We believe them
to be an clement Of national publication.
we only refer to those days when party
lines were obiiterated to show the possible
ties of future, which we do not antici-
pate, but which may exist to the disap.
pointment of those who make not only
politics, but partnership profession.
VermOnters AT Portland.
- IL,