The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-09-08

| directions. IL was III aaAk saia
abnormal condition could be perpetuated,
n IA the law Of trade that reckless expan.
siou will he followed by 4 corresponding
contraction, action and reaction being in
all things equal. For the past three yeraa
matters in these respects have been re-
suming their normal condition, but un.
der the process values have become un-
settled, and confidence greatly impaired
Money was never more abundant or more
cheap, and where confidence exists, as in
regard to United States securities, 1t can
be had in any quantity at from one and a
half to two per cent per annum.
Those who have been thoughtful obser.
yers Of the effects Of financial crises, and
who have studied the term OF their du.
ration estimate that in country OF real
resources, as Is the fact with regard to
the United States, It usually, takes not
more than four years to bring ABOUT
such restoration Of confidence in values
as will inaugurate the resumption OF busi-
ness activities. This being SO, it may be
safely said that, following the termina-
ton OF the Presidential struggle, although
the winter will close up many business
avenues, and there will be much distress,
yet that activities will be resumed in the
spring, and all depression pass away as il
by the stroke OF an enchanter's wand,
particularly II the Republican party
proves triumphant. Everything in the
country will have resumed normal and
healthy condition, and Joy and plenty will
abound in the land. The condition at
present existing is not attributable to
maladministration, as II clearly was in
the hey-day Of Democracy during the
administration of President Van Buren,.
But, as TO the financial situation, /
commend 10 your consideration the fol.
lowing remarks Of the New York Tribune
OF the Both Of August, Horace Greeley's
special organ, as the Democratic candi-
date for the Presidency in 1872:
"There Is comfort in store for the gentle
men who have been in mourning because
the campaign opened so languidly. There Is
plenty OF stir and noise, and dust and
smoke to-day; and already across the contu-
sion Cincinnati and 81, Louis look so far
away that the platforms and letters seem to
belong TO some historic canvass. Some OF
these memories lreshen up this morning, as
Mr.. Dorsheimer at Saratoga reminds US OF
Mr.. Dorsheimer at ST. Louis, where he was
so conspicuous figure. There was delly-
cred that remarkable Grafton in which he
stated that the hard money Democrats OF
the East had surrendered to the IntlationiSts
and had signed articles Of capitulation, aud
yet he proposed to make straight issue
with his eaptors-meaning, perhaps, that
he should insist upon keeping his side
arms as he marched out OF the fortress.
Then up rose Mr.. Hendricks, and in pub
lie speech declared that hard money had
surrendered, side.arms aud all, because the
repeal Of the resumption day cladse carried
with II the repeal OF the whole act, which
was Mr. Dorsheimer's straight issue and
the middle ground which did leave some
with rejoicing over hard money victory,
but when he came to vote IN Congress on
the repeal Of this famous clause, he forgot
his letter and labored against the removal
OF what Governor Tilden called 'nindrance
to resumption. Meanwhile General Ewing
was carecring through Ohio to rally the eur
rency reformers' around this questionable
ensign, and there was bewilderment all
along the line. all this happened long ago;
but now, when Mr.. Voorhees, is shouting
that so much gained this year Is u promise
OF some more next year. do the Saratoga
people think the issue is materially
Strengthened? They protest against re-
viving dead issues. Why don't they meet a
live one squarely? 1sit resumption in 70,
as Mr.. Hewitt voted, aud rs Mr.. Dorsheimer
tried to say in the platform, or resumption
when we get ready by wise finance, as
Governor Tilden says, or resumption when
It comes OF itself, us Mr.. Voorhees, says?
Is Tilden on soft money platform, as
Ewing claims, or Hendricks on hard
money platform, as Hewitt claims? Are
we fighting rebels in blue, or Federals In
gray? 1t might be well to settle some OF
these questions before the fghtinggets con.
fused"
In conclusion, there Is one fact associ-
ated with Rutherford B. Hays, unless l
greatly err, that should be received with
especial interest by all, Yirginians who
have not lost becoming respect for "the
breed Of noble bloods" among themselves.
As his name imports, he is Of Virginia
parentage, and in his veins flows the tide
that warmed the heart Of that Colonel
Rutherford, Of Richmond, who in my
youth was Mayor OF that city, meriting
and receiving for himself and all his race
the unbounded esteem OF the people OF
Virginia. Rutherford B. Hayes may
have differed in his views OF the late war
from those entertained by his kith and
kin in Virginia, and sided with the ac-
ton Of his own State, Ohio, in the con-
test. But throughout that struggle, and
in every relation in life, both private and
public, he has borne himself brayely,
Justly, humanely and. honorably, in proof
Of his ancestral origin; and, rs a man Of
honor, probity and courage, his word as
to what he will do as President contained
in his letter Of acceptance, IL an assu-
rance Of areform in the civil service"
and in regard to all Corrupt practices"
in the Government, fully as reliable in
my estimation as any formal and studied
bond Of similar import from Samuel ].
Tilden.
Being gentlman by birth, by blood,
training, education, association and con-
duct, l can readily understand hs would
scarcely be, acceptable to the tainted
stocks and the overseer, tin.peddler and
gambler cross.breeds In the planting
States of:sthe South, who glory in Drag
gartism, pistols and bowie-knives, Ku-
kiux organizations In the shape Of Demo-
cratic reform clubs, and cewardly assas-
sinations; but in Virginia, and among
virginians, where these forms Of ciyiliza-
ton do not exist, and are not counten-
anced, gentleman OF such high order
should at all times command respect and
confidence, notwithstanding the degrad.
ing ideas and habits entertained and
practiced by others among the Democrats
Of the South.
/, at least, as a Southern man and a
Virginian, thank God shall sustain his
election as Chief Magistrate, having far
more faith and trust In tho manwho was
my frank, open and manly opponent in
the recent war, either as West Point
officer, obedient to the orders Of the Gov
eminent; as In the case Of General Grant,
or as a civilian citizen OF another State,
obedient TO the call Of his State, as was
the case with Rutherford B. Hayes (even
as it was with you, and myself, and all
the rest Of US in Virginia. than l have in
the man who was false and treacherous
Democratic ally, Ia Samuel j. Tilden
and Thomas A. Hendricks.
Thus, I have, my friend, answered your