New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-02-24
THE ACTION ON FINANCE.

BOLT OF GREENBACR MEN PROBABLE.
iPRox A STAFF CORRESPONDENT THE rRtBUsEl
NEwtAvES, Feb. 23.-The leaders of the Con-
necticut Democracy are cOngratulating themselves
tonight upon having steered clear Of the dangers
which beset their State Convention. and which
| threatened yesterday to divide seriously weaken
| them. The prevailing feeling among the delegates
last night was one of timdity and distrust. Tho
capture of the New-Haven delegation by the soft
Money IA ton had given tho leaders some alarm,
which had been increased by the Outspoken and
aggressive character Of the grecnback demonstra-
ton Tuesday. How far the Convention
infected with the deluslon or how many delegates
could be counted that side, could not be ascer-
tained but it was feared that consider
able number Of soft-money advocates would
be in the Convention and would make tr0u-
BILE. There was something of panic among
the wheel-horses on Tuesday night. The talk
of the delegates among themselves was of a cropping,
tender-footed sort. of men who doubted or did
not understand each other. The Trad sign about 10
was that no one talked out boldly and openly and
avowed opinions positively, except the s0ft-money
advocates, WHO, though not numerous, were loud.
The whole drift was if not toward soft money, al
least toward soft words. The greenbaekers had ths
Convention fairly cowed before it had organized.
No proposed any course that did not look u
concil ating that faction by sort Of concession
compromise. The Republicans were hoping that
the Convention would be frightened into full COM
pliance with the demands Of the greenback men, and
80 weaken the position of the party before tho
people; the greenback men themselves were conf
dent that some distinct and definite concession
would be made, and the Democratic managers only
dared hope for agreement upon some kind OF .
compromise in the platform which should not be too
shameful back down from last years position and
at the same time cOncede so much to the restless
currency reformers" as to keep them in the ranks
and dlspel the danger of bolt and an indepcnd-
ent ticket.
No one supposed last night that the Convention
would have the courage TO refuse To pass fesou-
ton at least which should explicitly and in terms
demand the repeal of the Resumption act. Tho
gIeenback men asserted this to be tho position Of
the Democratic party in Congress, and urged thatit
was not unreasonable to ask this State Convention
to approve it. The only serious objection to 10 was
that it in direct contradiction of the language
Of Gov. IngeNolls message last year, and that IL
would be carrying it little too far to nominate
| Gov. IngersOll platform so Numerically op-
| posed to his own previously expressed opinions.
Notwithstanding this the general impression last
| night was that the resolution specifically and in
terms demanding the repeal would be adopted.
Some time between midnight of Tuesday and tho
| hour for the Convention to assemble, there came
able stiIiening of backbone This may have been
| attributable to consultation with Gov. ngersoD,
and his informing the persons having the resolutions
In charge that he was unwilling to stand upon Q
platform which should be in contradiction to bis
own expressed views; il may have come from
| their having discovered at length how weak in
fact was the greenback element in the Convention
The change made in the programme was not .
mighty one; not so deep as well, nor so vide as
church door, but enough. II simply lifted the Con-
venton out of its feeling of abject timidity before
the greenback faction, and saved Gov. Inger-
soil his consistency. Three words erased
that was all-from the seventh resOiu-
ton; so that, instead Of asking Con-
eress to repeal the Resumption act, there
was request for substitute for the whole act "0f
well-lelncd and practical legislation &C. When
to this was added Gov. lngesors neat and well-cOn
sdered little speech avowing the same sentiments
that he had expressed his official messages, and
asserting that his views had undergone no change,
il was felt that the Convention had successfully
brdged over the apprehended difficulty and asserted
its independence of, and something like defiance for,
the greenback clique that had been noisy and de-
monstrative Last night the disposition was gen.
eral to smooth over matters by sort of ccnces
sion to conciliate the softmOney faction and pre-
vent bolt. After tie nominations were made and
the platform adopted there was gyeater feeling VI
in .epen,ence which was expressed in the remark,
| well let them go ahead and nominate their third
ticket If they want TO: We can get along without
them and they will only show their Weakness
The resolutions were drawn BY Mr.. Alfred T.. Burr
OF The Hartford Times to whose shrewd cement
the success Of the Convention and its harmonious
action are mainly due. The Onion, the soft money
organ in this city. has been making for several weeks
pretty direct personal issue with Mr. Burr upon the
question whether he should dictate the policy Of the
party. He met il to-day in person, and was so sue
cessiul that but person the floor Of the Con-
vention made any demonstration Of opposition, and
| that very feeble II remains to be seen what
will be the action of the men who call themselves
currency reforrlers. After the bold challenge they
gave ont on Tuesday and the threats Of what they
should do if their demands were not complied with,
they can hardly do less than resort to independent
| ACTON The Democrats were frightened by them at
| trst but in the end treated them with positive
| contempt.
| The Convention was very quickly organized to-
day under the new rules adopted last year. and there
was no hitch or delay in the proceedings. II was
called TO order about 1890 and accomplished all it's
business including the appointment of ~ delegates
to the National Convention, as to adjourn befure
o'clock. The Union last night called loudly upon
its followers to rally In force and ill the galleries
to-day to back up their representatives tho door.
Either in response to the call, OF from motives Of
ordinary curiosity the galleries were filed, and .
very bad-lookng lot they we're. As but one OF their
representatives made any demonstration ON tho door,
and that brief and feeble one they were not called
ON to do much backing mp. The applause, whom
reference was made In the speeches to the currency
ousstion was very light both sides, the reason