The New York herald., 1876-10-16

paper circulation for the country He believed that
the holders OF The nvcwcnty bonds had no legal rgns
demand gold for principal and interest on those
bonds as ON the face OF Them expressly declared
that the interest should be paid IN coin ana tnc prnc
pal IN '.iawful money OF the United states, wncn' ~
asserted was treasury notes or grecnbackS Ihe az
monetizng OF silver he pronounced grave missakes
inasmuch 1t took away from The volume Of corn ono.
half It's and proportonately appreciated Inc vaiue
OF gola Hc believed the act providing for resumpuos
In 1879 unwse one, especially IN thc iace
oil the fact that the silver being withdrawn ~ :
legal tender there would not DO and could not
be gathered together sufficient quantity oil goia q
make resumption practicable as the lime desenaseo
Without wishing be considered an innatonist no
would have the circulation fixed at 600 ooo ooo 10
greenbacks not to be lessened or Increased oy con-
stitutional enactment THIS, he thought, would
render the circulation stable and enable b1sinehs men
calculate with some degree OF certainty upon tDch
transactions He thought the practice OF allowing tns
government TO contract or expand tho circulating
medium at pleasure pernicous and mischievous, cal
cuatcd to destroy confidence and cripple evcry orancn
Of industry.
CoKnxsroxpKSr-wha do you think, Commodore. Of
the Presidential outlook? .
COMMODORE (promptly)-That Samuel D. Tiden VIZ
undoubtedly be elected
CoRREsPoSpEST-But his financial views don's
exactly agree with yoursg
CoMMoDoRE--No; Tiden 10 a hard money man, ous
aud out. | do approve OF his hard money meas
ures, bat shall vote for him, nevertheless
CoKRKsPoxDENT-YIu may have seen by this morn.
ng's HERALD that iu explanation and excupat:on OF
Mr.. Tden mado IN regard 70 that income business
CoMMoDoRE-Tbere never was anything to IT why
the very time sr Tiden is accused OF withhodinga
true statement oil his income he gave his cneck Tor
lists Is it at all likely that a lawyer OF Tilden's
asutencss would bo guilty OF the weakness Of making
a false return of his income al The very moment ne
assisting in tho work OF breaking up the rwosd
Ringg
ConREsroxpExr-wna viii they do with Tweed on
his returny
CoMmoDogE-Let him 90. suppose. What 10 the
use OF bringing HIM back AZ ay They can make him
dsgorge anything, Tor he has nothing 10 give up In
Tor the government to send for Hugh McCui-
loch wuo % when ne sho,c was secretary o. soroSr 1e
bankers 10 interpret the Fvetwenty act to moan that
both principal and interest should 10 paid IN gold,
thus stealing out Of tho public treasury millions In
gold which should have been paid simply in the
''lawiu currency OF the United Staos," which Thad
Stevens tho floor OF Congress. declared TO mean
greenbacks and nothing else. Who're and how did
McCuoch get suddenly rich to be ablc TO 90 70
Europe and start banking business on par WIN
could got hold of McCuloch and make him dsgorge
few millions 1t would be doing far better thing than
TO bc sending for pour old man like Tweed, with
whom the they could do is 10 send to prison.
The Commodore characterized the attempt a. Sara.
toga 10
FORCE SEYMOUR on THE TICKET
against his will as shameful effort 10 XII on Potter
ties Of the state. He thought Robinson very good
man. and would make very good Governor There
was little feeling against HIM among democrats IN
this county the fact that they wanted straight
ont democrat But that will die out before election,
and he will, he thought. poll tho united vote OF the
party. -
60, Commodore?
COMMODORE-GOy IL Will give sweeping majority
for TIlden. / set II down at 200 at least Why,
l can name seventy republicans right about hero
who Will vote Tor Tilden The unparalleled distress
among the echancs and laborers and the demand Tor
o change has produced this Jesuit Not day passes
but am called upon by good, honest mechanics Tor
job OF work some pecuniary relief Only this morn
ing a tine specimen oil the American mechanic, a very
worthy citizen, with wife and two children. came TO
me, asked some work, and told me, with tcars IN
his eyes, that he had spent his last dollar and did
not know what in the world no should do
get the next loaf OF bread tear very dangerous
tnff hia utn Ia nj oHatY
Such men will sit down idly and their families
and do seriously apprchend dire II not violent rcsua
For the com.u winter have proposed that fund be
raised for procuring . supply OF provisions Tor the
most needy That may on the for the time
But do really believe that the election OF Nc Tilden
will tend to confidence and impar impetus
TO business which tho election OF Mr.. Hayes will Ut
terly fnii 10 do.
STORY ABOUT Ex GOVERNOR JOHN A. DIX.
In the course OF your correspondents conversation
with Commodore Voorhis tins morning he was told by
the Commodore that he had that morning been shown
by Mr.. John g. T. Schhit Of this place, letter writ.
ten by Governor John A. DIX IN the darkest hour OF
our country's tribuation during the rebellion IN
which the Governor suggested consultation umone
certain leading men Tor tho purpose oil urging upoS
the government the necessity Of entering into soml
compromise with the rebels IL is hardly credible that
the author Of the republican rayng cry, 'Shoo him
on the ypot!'' could have made such propositUn
at any time during the for tho Union. II may
be OF tho hctions or the canvass but such ~ the
report is your cores pon dent gives II to you