The New York herald., 1874-11-07

party II wide awake enough 20 retain that c0nn-
dence.
the HERALD reporter took leave Of Mr.. Bowen
and proceeded TO Central Wharf, where he
dropped into the once Of
HENRY A. RICHMOND,
son OF the well known late Dean Richmond, who
at one time figured so conspicuousy in the politi-
cal AFFAIRS OF this State. After requesting the re-
porter to be seated Mr.. Richmond inquired the
object OF the visit, and, upon being informed
thereof, expressed his Willingness to tell the
HERALD readers what he knew concerning the
matter.
kEPoRTER-Mr. Richmond, win you please give
me your views IN relation to the probable result
OF the late elections?
Mr.. RICHMoND-To what do you refer, to the
cause which produced the results or to the future
eject OF thems
REPoRTER-I would like TO know to what you
attribute such an overwhelming democratic ma
jority throughout the landf
Mr.. RICHMoND-l should attribute 1t to general
causes. There can be no doubt that the present
depressed financial condition OF the country told
heavily against the republican party this year. as
in fact "hard times'' always tells agains; the
party in power. Secondly, / believe the
people have lost confidence in the repub-
ltcan party. As long as the party had
positive issue they held their own, but since 1874
they have not only had no positive issue, but they
lowed US to make issues against them. Take for
instance the action OF Congress in regard to
worse for the BUSINESS interests of the country
than had they adopted the most radical measure.
WITH the 20. administration , rat ana both orancses OF
ance so that the business men OF this country we're
afraid to move. Another reason, and one which
many republicans cOncede to be q correct one, was
THE THIRD TERN QUESTION.
There can be no doubt, also. that the terrible
mlsgoverpment IN Louisiana and other Southern
States supported by Grant, contributed great
deal to reconcile the people to the change. l
the NEW YORK HERALD against the .third term',
aspirations OF General Grant, while II did not
ness which tended III no slight degree toward
producing the democratic victories.
REPoRrER-What Will be the results Of these
Mr.. RICHMOND-That depends very much on how
the democratic party use the victory. l am not
are simply an Endorsement OF she democratic
party; on the contrary, think 1t shows disgust
mnstratlon, and That tney are willing to give the
dem0cratlc party chance TO see what 1t will DO
oe ,ae as Pane ~ 81 iae o i saca
Hewitt, OF New York, and other men, whose Judg-
ment Is known to be good. Is followed by the
party. not alone in financial, but in general legs-
lation or the country. predict the happiest re-
suits.
REPoRTER-what do you think about repudia-
Mr.. RICHMoND-Utrer bosh. No party could stand
believe tnat such resolution Will be even offered
by democratic Congressman.
REPoRTER-The assn umptlon OF the Southern
debt BY the democratic party has been used for
the purpose OF making political capital by the re-
publican party. Now what do you lnlnk OF 1t
THE SOUTHERN DEBT
Mr.. RICHMOND-It Is as absurd as reputation, and
the South do not desire 1t. Their bonds were
.ne We a e
result. have never yet met Southern man but
who, when the subject OF paying the Southern
debt was introduced, secuted the idea and won
dered that there were people silly enough to be-
heve that tho poverty-strlcken South would vote
to double the national Indebtedness, o portion OF
winch they would have to hear for the purpose OF
enricning few London stockholders, who bought
can thus see that the question on the very face of
1t Is absurd.
REpoRrER-what bearing viii the democratic
victories have upon the subject OF limitation?
MIR. RICHMOND-None. do not think there Will
be any imitation Of anything. think the anti-in-
hatiOnists have gained In tnis last election, II
in numbers ce rsainly in point OF AGILITY.
REPORTER-Wel, then. to sum 1t all up. sup
action OF the democratic party for the next SIX
months as TO whether or not they shall have COM
Mi. RICnMoND-Not. perhaps, everything but il
the democratic Congress manage judlciOusly, as
have before stated, there Is nothing In my judg.
ment to prevent the assumption OF iul power in
IL Leaving % Mr.. Richmond, the ONCE OF
JUDGE HAIGHT
was sought, and alter stating the object Of his
mission the reporter proceeded to business.
cen ctorys Was Il caused o. nv the
Judge HAiGHr-I think not; nor do believe 1t
was caused by any dissatisfaction with any egts-
lation Of Congress- The salary grab law doubtless
caused the republican party great injury through
present Congress satisfied the people IN that re.
spect.
REroRTER-what, then, in your opinion, caused
Judge HAIGHT-Well, the hard times and the de-
OF business Snroqsn0St o the states Thou
the republican party was held responsible, and
hence The success OF its political opponents on
REPoRTER-Then what caused this depression
and stagnaton oi business II the republican party
Judge HAIGHT-It is one of the results OF the
panic OF last year. The lack OF confidence In bust
ness men which is always created thereby and the
effort OF Congress and the administration to con-
tract the currency and bring about the resumption
OF specie payments are. think, the main reasons.
the welfare OF the government. In view OF the
extensive business which has been generally done
manufactures and even cities. and mostly on
borrowed capital. at time, too, when our cur
rency was depreciated' the attempt 20 return 70 .
unpopular with all who were operating and work.
ing on borrowed capital and made them dissatis-
fied with the administration. The stopping OF
railroad building and manufacturing have thrown
the laboring men out OF employment, cOnse-
quently making them dissatisfied also. Hence the
result on Tuesday The lack OF confidence and the
want of standard may be, on the whole, the true
cause.
REpoarER-Are there no other reasons for this
terrible defeat Of the republican partvy
Judge HAIGHT-Yes; there are local dissensions
among the leaders OF the party which have, doubt
less, had their effect and produced ukewarmness
among the masses. But the lesson OF Tuesday will
doubtless have q tendency to settle and har
moniZe this; so that year hence republicans
may be expected to stand by republicans, and VIC
tory Will again be theirs.
The interview was here cut short by an inter-
ruption OF lawyers and law messenger. and the
HERALD representative went away in search or
other prominent men. He called on o gentleman
whose Judgment Is regarded as sound upon sub
jects Of political nature, ana whose mOdesty and
retiring disposition are alike noted Upon condl
tion that his name be not used he consented to
what he termed the .'trying Ordeal' or an inter-
view. 1t Will be seen that this gentleman takes
DIFFERENT VIEW
from the rest, and touches upon points which
they, in their haste, have entirely overlooked.
REPORTER-What Is your opinion as to the result
OF the Tuesday elections generally and locally
ANswER-Locally and generally very important.
No n upODlp DOlitlcallV has