Evening star. [volume] (Washington, D.C.) 1854-1972, 1874-04-23
The Press on the Veto

The Press on the Veto.
Aveto message by President Grant is such an
exceptional thing that the appearance of one
would naturally draw attention, though on a
much less important matter than is the subject
Of that sent to Congress yesterday. The com
ment OF the press and of the public, as received
by telegraph thus far, is quite unanimous in
support Of the veto; but this unanimlty is ex-
planned by the fact that the places heard from
are commercial and business points, where the
public sentiment is altogether in favor of a
sound, weli-bsscd currency. The d" wilde g."
"red- dog" regions will, doubtless, send up a
loud protest against the veto. The unanimity
OF applause OF the course Of the President in the
commercial cities is indicated, for Instance, by
the comments Of the press OF Baltimore Of al.
politics. Thus the Sun says:
"The Presidents veto of the finance bill
making the maximum of United States legal
tenders 500 eco 600, and authorizing an
additional national bank note circulation OF
200, so as TO make an aggregate OF
SooOOOO,OoO OF paper currency-wiIl give sstis-
faction 10 the business men OF the country and TO
all who are interested in strengthening national
credit The President will be sus-
tanned in his veto by all who hold IN esteem
public probity and credit, and a redsemable
paper currency"
The American says:
president Grant yesterday surprised AMI de-
lighted the friends of a sound financial policy,
and coDfounded and defeated those who hoped
to throw the country back into the renewed
dangers of currency imitation aud Of bottomless
speculation, by returning to the Senate without
his approval the currency DILL. The veto mes
sage Is very frank, direct aid strong, and shows
that, though the bill was held under considera-
uon Tor several days, there could at no time
have been serious doubt in the Presidents
mind as 70 bis duty to veto it. The
message has An air of evident sincerity about il
tnat Will commend il to the respectful stten-
tivn even of those bitten with the ind alton
mania, whilst to the friends of a sound, redeem
abe currency Its sharp array OF facts and
strongly pointed argument will be specially
welcome The only criticism IL will meet from
that quarter will be on it. holding TO the forty
Tour millions retired under the act of 1854, as
reserve to be used IN cases Of emergency, and
perhaps little regret that with the recon-
menrstlOn Tor the Increase OF the revenue there
wa. net coupled an equally definite expression
of the Necessity for a decrease OF the expsnd.-
lures OF the government"
The Gazette, though habItually chary OF good
words Tor the administration, SAYS now:
The message, too, covering the veto and
ylndicating II, Is most re IN srkable doc ument,
And deserves unquAlin ed praise for tue sound
ness OF the principles il enunciates. It Is Iaud-
able, moreover, for another and a very differ
ent reason. IL Reputation Of the earlier
doctrine held by General Grant. that the best
way to secure the reversal of bad Law is to
accept 10 and execute il vigorously. 1t is also
an assurance that, 80 far as II lies within bis
creditor and return to specie payments pro-
noted"
Signs OF Unrest and upheayal are noticeable
in various quarters. Bald Mountain again
threatens to vomit. Private Dalzeil announces
fell purpose TO lecture; and Weston, the Pc
destrian, Is about TO resume his walks. The
famous newspaper qusdrilateral that under
took to organize liberal victory in 1872, to wit,
Mr.. Horace White, of the Chicago Tribaas, Mr.
Murat Hslstead, of the Cincinnati Commercial,
Mr.. Henry Watterson, of the Louisville Courier
Journal, and Mr.. whiteisw Reid, OF the New
York TrI6Ene, are on their way to Boston, con-
cealiDg their MscchiaveIlian pur poses under
the thin mask Of pleasure a. il any body ever
sought pleasure in Boston in April. Moreover
there u civil war in Arkansas. What do these
signs portend?
Beacon street has been properly disgusted be-
cause President Grant did not promise. off,
hand, 70 accept the instructions on fiuance san.
on from Bosom for his guidance. aft is apn.r-
emf" says the Post, plaintively, "thst he entsr
tains rooted hatred for Boston and AL hsr in
terests, J" and that paper IL further convinced
that che would even sign . measure axains, nj.
convictions rather than allow himself to drav
any Of those convictions from this quarter" I,
10 to be hoped that the Bostonians will breath
freer on getting the news OF the veto. Despite
their immense complacency 1t may occur to
them that the President does not shape hi,
whole financial policy to spite Boston.
EcHons IRON THE COMMERCIAL METROPOLIS
All honor TO the President for his veto
the financial bill. IL is q relief, and comes at q
TINE when something different was expected.
The President has wisely kept his own coun-
sells, and will mako even friends in Boston
where he has been % much denounced.-N. T..
kxpress.
See, also, In kilograms the opinions OF the
New York papers Of to-day.
IT seems 70 be generally conceded about the
capitol to-day that much better currency bin
than that vetoed can be devised, and there vii,
be little disposition to attempt to resurrec, the
defunct measure.