, 1876-06-07

tho Taxpayers Of Chicago in the capacity o
Alderman, aro given proper weight in tho fix
ing Of bis punishment, there is encourage
nent to expect TINT H1LpRE7u's banishnon
from his fayorite sphere of usefulness vii
not exceed ten years. Under less extenuot
ing circumstances it might be for life.
MR. BLAINE'8 MAGNIFICENT AUDACITY
Whateycr else may be said against JAstEs
G. BLAINE, ho cannot be charged with COW.
artlice or timidity after his bold aud brilliant
confronting Of his accusors on Monday. ue
seoms to have adopted DAs7oN's famous mot
to for his policy: "De + antiaee, encore ii
{ autlace, toujours de + 1ulace." lie haG
been advised by two Of the Bbarpest lawyer,
III Washington, JEaE BLACK and MATT Can
rESTEn, not to mako tho A1u111nAH letter.
public, and, in defiance OF their adyice, ht
riskcd tho consequences of that publicity on
the floor Of the House i'll tho very face Of his
enemies. Ho know that those letters must
show him to have been engaged in all sorts
Of wildcat stock operations, holding options
for himself and others, accepting and giving
back stocks, involved in the Credit-Nobilier
NtSA"t"@AA0 "a o0FEAnA 4AAkUd4 EQup4ulEAs
mixed up in rifle contracts, and in general
aabbling and dickering in a variety OF
dubious Bpecu1ations which might not
be improper for speculative private indi-
vidual, but do not look vol in statesman
aud Speaker Of tho House aud candidate for
tho Presidency. lie knew that tho exposure
must be aAnaging to himself and snort;fying
}fo I;o frfnnf1o t,r,fk knr ~,
may view the undeniable parts of those
lotterH 1t is impossible not 10 admire tho
briuiancy, boldncss, Vlgor, power, and talent
he displayed in opening those lotters and
uncovoring himself to tho enemy, knowing
TINT they would be at once searchincIy
criticised by his opponents and in the public
press. ln some respects he rosembled
STEPHEN A. DOUGLAS, nlthough S1r. DOUGLAS
never found himself whcro he had to mako
desperate dcfense Of his personal transac-
tions, or whore he wna forced to ro-
veal his privnte correspondence to tho
public. Nevertheless, BLAINE displayed
much of TINT samo gr7t and power that
characterized tho "Iitto Giant" and ho
Possesses much Of that samo personal mag
notis,n which rallied people about DOUGLAS
when be went to his Waterloo tlofcat. There
arc thousands Of men now, dazzled by tho
boldneAs and audacity Of BLAINE, who will
rally about him md wngo strong battlo in
Lis behalf, following him to magnificent
defeat.
We're tho election to be hold this week,
Mr. BLA1aE's brilliant strategy md highly
melodranatio action might come pretty near
winning. Its first dazzling effect might not
pass Away in time for tho atl1niring specta-
tors to recover their cooler Judgments and
look behind the SCENES Tho despair Of tho
situation, however, both for 3lr. D1A1Ax aud
his friends il, that there aro yet .dre long
months before election. In politics NJ in
diplomacy. weeks and mouths bring about
great changes. Five months is long enough
time for tho popular enthusiasm to cool down
md abate, and for tho popular Judgment to
grow e1acting III that time these letters,
aud otl1ors that may como to light, will bc
discussed and criticised. They present many
vulnerable points which will DO exposctl by
Democratic papers mud stulnpcrs, and there
will he no DIAlsEa to roply with an
overwhelming md nomsntnry DISPLAY of
nerve and auslacity. This dramatic business
of Monday, brilliant and pyrotechnio ~ 1t
WE, will soon pass away, aud then comea tho
serious business Of theso lesters and tho
stock k-jobbing charges agaiuss 3tr blaine.
In this liea tho danger Of tho situation. TIE
CHICAGO TRIBUNE admired bIr. NLi1sa aa
sincerely as any one Of lis friends, but when
these tlolicato chapters In his record leaked
Dut, and when tLesa gavo riso to tho Bus-
picion TINT there might bc still moro In TO-
soryo equally damaging, it had to look be-
yond tho magnetic personality OF the man to
tho consequences Of his actions, and tho In
luence they would exort upon tho campaign
md tho prospects OF the party III caso Mr..
BLAINE should DO Its Atandard-bearcr,
Other men besides BLAINE hayo boen bold,
brilliant, and audacious. CtAY pad DoEo.Ag
sveso certainly his equals Ia this respect; but |
Ehoy found their Watrrloos, although they
had 10 private business letters to :eau to tho
public, no explanations to mike touching their
personal honesty.
At tho present time, when the public mind |
|s eo sensitive in tho mattor Of speculatiouB,
stock k.jobboriss, Credit b1obi1iers, rings, aud
swindlps Of all descriptions, when tho bal
snce OF power is hold in tho Aan.is OF the in.
dependent voters, and the independent
Foters arc abroad in tle land and will not be
hctated to by the machine politicians, It is
'he part OF prudence to look facts squarely
II tho face. to lot the brilliant and dazzling
lraMatio spectacle 70 for amusement, and
!ako peep behind the Aoeuos md tn .ok