The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-08-26
A LETTER TO A DOUBTER.

Mr. MANToN MARBLE REVIEWS THE PREsIDKN-
TIAL cANDIpArEs-rHE REPEAL CLAUSE CON-
sipERED-EEPuDLIcAN POLICY AND SPECIE
PAYMENTS
Mr. Manton Marble has written lcttcr to liberal
republican reviewing tho chief contested points OF tho
Presidential canvass Tho letter in entirety has
been published as a campaign document and the fol-
lowing extracts show its leading features:-
PRIVATE LxrrxR pouBrlNG LIBERAL
Nkw YORK, August 10, 1875.
DEAR Sm-Your letter is received - As a
hard money man, as liberal republican, your indie
csion should be ended by comparison, either
l. OF the platforms OF The two parties;
= OF the letters OF acceptance, or,
. OF tho characters and capacities OF the two Presi
dental Candidates.
rnA TWO CANDIDATES rux PRESIDENCY
And now, compare the Two In what school of
large affairs Governor Hayes been ,rainedY 70 the
handling OF what great questions vi public policy has
ne been bred He candidiy makes no prcience 10 AN
executive initiative, bul the writer has long believed
(and Tins has been tho ground OF his persistent devo-
ton To Governor fidens candIdaoyI thai, except by
executive INITIATIVE The problem VI reaching specie
ayments is insoluoie. II 80. the highest personal
competency IN the Executive IL the prime condition OF
success No man who does not know currency as a
science and large business as practice Is competen;
TINS great task Under either test Governor HAYES
fails couspicuously Tried b., either test Governor
1iideu Is Tue foremost man among HIS capacity
has long been motor ious 10 the greatest corporations
and largest interests IN the land While he yet
private citizen Nor IN his bricf career As puDiic OIL
could he Keep from bursting the swaddng clothes
OF routine as Hercules at for tho twelve iabors
NroRrAXCs lHE RRrSAL cLAusk EXAGGERATED.
Your solicuce cXaggerstes the Importance of a
Clause iostcd into the platform which, without that
addition was satisfactory to Governor rdeps friends
Tor the repeal OF the resumption day clause OF the
CT 1878 leaves, IN uncmln shed vgor, each and all
means To prepare and provide Tor resumption lunu cd
ny SECRETARY Bfisio~, whom you would now prefer 10
Governor Hsyesl winch that &C; created The repeal
OF that cause cancels the promise. be sure, but It
no, cancel any the oast Of the means therein pro-
yiaed To make that promise good. Aud II indeed
there be. Western democrats and Wes,crn rcpubi-
alike sese, any considerable Lumber OF persons
who IN mortal trepida1ion cs resumption day shall
ron toe heavens together scroll and melt the bust
world with iefyent heat even thoush that fear be
folly mover the.css. candor that
cancel the promise may bc to dsengagc real prep
araiions Tor resumption from one serious inpcdiincnt
10 their success Tue promise never snocd have been
cancelled TN something better had been put In its
place one o tne nrst steps OF any successful effort
thereto Is step watch cremation projects aud
contraction prccamslons overlook the necessity
asiep Which such sn open contfae,onisi a. Anlasa
Walker var at last driven 10 feel the necessity o-o
Wit. she Necessity, Ia u country governed through
universal suffrage, oil dssiratng The vague alsIi aud
the unfouuicd fears OF any large ciass OF people.
having votes, tnat progress toward resumption Will
cause either IN the process the bencncent
suit, additional disaster fbls prscllcal drhcuiy
which economists who are MT Statesmen aud hard
money men, who rot appreciate tho ~ssentis4 condi.
tOns OF po,eal leadership, liable underraIe but
iIrs difficulty which Governor 1ideu. IN hrs letter,
handles, both as economis, and statesman with con.
sumnate saeacil!.
ruE iScArAcIrr OF RgPrBiIcASisr
But your CORES ondent Is not la question. IL 10 q
PARTY ol po"eI III the eniss OF Tue wo pafues 'b.'
you snirm. Can you then possibly think any man
competent 10 lead his party 10 specie pay wbo ID
competent to lead them To effect great reduction
of The aggregate oi federal taxation, not to great
Improvement OF rs modess Not every party leader
could accomplish that had hts partissns an interes "a
All established abuses But beside The incompets nc
General Hayes enjoys In common with any republican
Candidate, hc has an incoIupctency all has For,
OF tue Just mentioned condition VI currency reform
no bctrays blank INCONSISTENCIES. HIS record. TOO,
n Congressman anu Governor leaves him With MS
proofs to make Not SO Governor 1iden HIS proofs
are made. Nor merely in what he has per.
sistcntiy written, but IN What lac has success
fully DONE has be demonstrated the ability 10
take that indispensable step toward resumption OF
specie payments. the reduction OF taxation, the ad
ministration of the government upon smaller scale
OF expense In two years no has reduced the state
taxation vi New York nearly ono half la the im
provenent, moreover, OF the modes OF federal taxa