The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1874-05-07
THE CURRENCY BILL vHro
Opinions Of Hen ana Papers.

| WHdt tioSC iuJcICSC0 IeQulfcu OI HIM.
| Senator Morton who has been one
Of the frmest and ablest friends Of
the Administration ard who led the
advocates Of the bill refused the first
word Of censure and urges his asso-
ciates ard the country to withhold
any expression or demonstration Of
condemnation, while the expression
of public sentiment as far rs it has
been made has been decidedly favor
able instead Of condemnatory of the
message. OF New England and the
East this was expected, for both par
ties and all parties had been arrayed
in opposition to the measure from
the first. In the west and south
where it was supposed to be univer-
sally popular there has been quite an
expression Of disappointment but
nothing further. No public meet
ings to denounce the act and but lit
tie excited and vindictive talk in the
newspapers, while the Boards Of
Trade and Commercial Associations
of the principal cities of the west
have adopted resolutions endorsing
the President The Chicago news
papers talk as follows:
Post and Mail (Rep):
1.-THE positions taken by the Presi-
dent on the currency question are in
the main sound.'
Tribune independent.
slDra..la,t (srapt an<,tlal 70 L..h
commentator for his veto of the SEN
ate currency bill"
Journal (Rep.):
"We regard it as the bravest and
grandcst act of his civil life, and
nothing has occurred since the fall Of
Richmond to give the nation as
whole, such profound satisfaction"
Times lDcmocratic.):
"But il is by no means certain that
the repudiationists can get majori
ty vote in the Senate for any future
imitation measure. The false and de-
ceptive ideas, SO assiduously nursed
by the leading spirits of the repudia-
tion ring, that the sNNest' was red
hot in demanding the emission Of
more irredeemable treasury due-bills,
has been, during the last few weeks,
pretty completely exploded"
The Inter. Ocean which has ably
advocated an increase Of the curren-
cy says: I'VE have not commended
the act as passed by Congress"
The daily papers OF Iowa SO far as
we have observed comment as fol-
lows:
keokuk Gate Gty (Rep.):
"We are profoundly gratifed and
satisfied with the Presidents veto Of
the Senate Currency Bill"
Cedar Rapids Republicans
1T did not meet the wishes of eth
er party; and would have proved q
very unwise, cumbersome and retro
active law in its effect upon the bu-
siness and financial interest of the
country"
Dubuque Herald (Dem.):
ut is needless to say that this ac-
ton Of the President will receive
very general Endorsement among bu-
siness men, both East and West"
State Journal (Rep.):
"While we do not favor the pas
sage Of the bill, still we are not in
clined to veto it. 1t is our judge
mcnt that this power should only be
exercised in extraordinary cases"
Davenport Gazette (Rep.):
swell, it is not what we expected;
yet as we had not built any high hope
on the law, if passed, we shall not be
greatly Disappointed
Dubuque Times (Rep.):
'.The East and large money Gen.
ters will welcome the news with sat
isfaction and delight, while the West
and South in large majority will de-
plorc it with sincerest regret"
State Register (Rep.):
''The news of the Presidents veto
of the Currency Bill will be received
everywhere with surprise, and all
through the West and South with re-
greet"
The Muscatine Journal endorses
the President and the Burlington
Hu,ch- Eye has opposed the measure
from the first, and says that in Veto
ing the Senate currency bill Presi-
dent Grant has done the country a
great and substantial service.
The leading Republican papers of
st. Louis stand directly opposed on
the issue presented. Says the DEM
Ocrdt:
"We have felt constrained, as an
exponent Of the enlightened public
opinion of the West, to maintain
contrary policy to that expressed in
the Presidents message, and we be-
lieve that the course of the President
will be productive of great injury to
the business and agricultural interests
of the country. At the same time
we are satisfied that in coming to the
conclusions expressed in his message,
he has been governed by what he be-
lieyed to be the consideration Of the
best interests Of the whole people
The Globe is just as earnest the 9th
er way:
.sWhile heartily endorsing the con-
duet of the President in this instance,
FOR its good effect upon the nation at
large, we cannot withhold cordial
word for the effect of his action upon
the Republican party as political
organization, entrusted with the gov
ernment of the country and response
bic to the people for all national leg
islation. The veto published to-day
is faithful echo Of every Republican
platform adopted since the first issue
of paper money by the General Gov
ernment."
Thus it will be seen that the busi-
ness men and press of the cities pre-
ponderate greatly in favor Of the
President. The people generally
III ba elauor IN u,oL;nn ,,n their