New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-07-31
DEMOCRATIC PEACEMAKING.
HENDRICKS YIELDS TO TILDEN.

between the st. Louis nominees has ended, and
the result is complete triumph for Gov. Tilden.
He arrived here yesterday afternoon, and in "a
hours convinced Gov. Hendricks that he was and
had always been a hard-money man, and that the
ST. Louis platform has not even a smell of imitation
about it, Gov. Tiden returned TO Albany tonight,
aud left behind him the pretty distinct impression
that his letter of acceptance will appear on Wednes-
day As for the harmonious relations" be-
tween him and Gov. Hendricks, they are
simply beautiful The Democrats here as
sure every that there is not the shadow
of discord on the currency any other subject,
that the two letters will fit together like the proven
bal ducks foot and the mud. and that henceforth
the united battle cry of the Democratic forces will
be " Resumption and Reform So complete has
been the conversion of Gov Hendricks that he is
quite indignant that any one should have suspected
that he ever had a weakness for soft money. Ho
expects to show by his published speeches that he
has never said word against honest finance. He
is probably safe in this calculation, for the worst
speeches he delivered in Ohio last year were made
late IN the campaign and in districts where they
were not reported. Nearly all of his published
speeches are nOn-cOmmittal on each side OF tho
question. 1t is announced here that Mr.. Manton
Marble has examined the record and gives it as his
opinion that the Indiana Governor will be entirely
safe n declaring himself hard-money man.
There are all of reports here concerning what
Gov. Tlden's letter will contain, and while OF
course, the greater part of them based on mere
conjecture, some of them come in so direct manner
that they worth giving. According to these re-
ports tho letter Will be quite long and viii be de-
voted in the main to the financial question and to
reforms of al kinds On the question of resump-
ton the Governor is expected TO make his strongest
point lie hopes to get the start of Gov. Hayes by
announcing specific plan. He will meet the ques-
ton fairly and will show quarter to the ntlation
lists. He viii urge, it is said, that resumption viii
follow naturally in tho wake Of the reforms
established by change of Administration.
by establishing public confidence in the
banks and in tho Government, he thinks re-
sumption could be begun with S150,0OO,OOO
! of gold, and he hopes to establish this con-
fdence by his policy. and secure the surplus OF
gold required by the general reduction of expendl-
tGgcs in all departments of the Governments 10 do
this he would abolish useless Offices stop the
ton of new pOst-ofices and other public buildings
till more prosperous times reduce the annual appro-
prationS for harbor Notifications, and economic
rigidly in all directions He will denounce the bad
faith of the Republican party in trying to mako
party capital by fixing date for resumption and
taking no steps 70 make the keeping Of the pledge
possible lie Will hold that there can be no forced
resumption at a specified time, but that the desired
result can be brought about naturally by revival
of industry and commerce, and vigorous
economy in the administration of affairs.
He viii favor civil service reform, viii urge the ne
cessity for just and magnapimous policy toward
the South and toward the Indians, and
will follow M Gov. Hayes lead on the
one-term question by declaring in favor Of a
constitutional amendment against a second term
These are the main points which the most trust
| tI,rr IN letter.
they are given for what they worth
There is 4 good deal of talk here among politicians
about the agreement arrived az, and how il was
brought about All agree that Gov. 1ilien has won
a complete victory. Gov. Rice of Massachusetts,
thinks that Mr.. Hendricks must have made largo
concession, aud if he is to assume the position that
he has always been an advocate of hard money the
country will scarcely receive the statement without
. grain of allowance and the thought that the Dem
ocrltc candidates have been obliged to adopt this
dodge as tho most available means of attaining
their political ends.
Aiurat Halstead of Cincinnati remarked that Gov
Hendricks had yielded TO Gov. Tildeas wishes in
the Interpretation of the financial plank of the
platform. He thought Gov. Tilden's original plan
was tomake The fight IN the hard-noney States, DIS
REGARDING the clamOr of the Western soft-Inoncy
Democrats, and relying on the blind adherence Of
tine South and the Degringer element in its politics
TO secure every State below Mason and DNons line.
He thought Gov. Hendricks had objected 10 this
plan in his belief in the tradition that the October
States decide the Presidential contest, and that he
ought TO be allowed TO carry Indiana. This probably
was prominent point Of difference between Gov.
Tildcn and Gov. Hendricks. Mr. Nalstead believes
that the Democrats have l1s ,.,r hold on Indiana,
that concession on Gov. I.ldcn's part to Gov.
Hendricks would not have sayed the State,
and that tie latters profession of hard
money doctrines will make matters worse
Gov Hendricks had always been extremely careful
about his uttcrauccs on finance, and il might be
difficult TO lind anything in his Published speeches
which proved him an advocate of soft money. Still
no later than last Fall Gov. Hendricks had worked
for the election of Allen in Ohio He too deeply
involved in tho soft-lnoney record of Ohio and In
diana to play the hard-money reformcr at home.
The character OF the man and the constructions he
placed on the resolutions of the nominating conven-
ton were the true platform. Gov. Hayes had
greatly strengthened the Republican platform by
his Interpretation Of 1t, which written in a
spirit of candor honesty. and genuine conviction.
W. H. Lee of the Union League Club, and one Of
tho Fifth Avenue Conference delegates, arrived at
the United States last evening He says that he IS
DESTROYS of seeing such man rs Mr.. Eyarts sought
after by the Republican Convention. He believes
Mr. Evarts would make the professional sacrifice
and accept. Tic does not think the Convention will
venture 10 nominate Mr., Cornell after lat has been
said against him. He suppOses that Mr.. Corners
name VIII be dropped after the first bal;
lot Dir. Lee thought Carl SchurZ had
taken a common sense view of the Fifth
Avenue Conference and had expressed II very
ably in his recent letter to Mr. OttendOrtcr Almost
all of the Eltt.I-ayc. retormers had accepted hayes
and Wheeler, with the exception OF few New -isn-
gaad impracticableS. whose action he could noe
clearly understand. lie knew that people were
Itsry fnrg oh IN 70