Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1876-08-03

kESUMPTION.-FOrt the last ten or
twelve years the Republican party says
the New York WorH, Is regularly as
convention time came round, has sol
EMMY resolved to resume Specie Pay
ments, but resumption with them has
proved mirage Of the desert. They
have been walking towards it; they
keep on saying so at least though in re-
al,ty they have only resolved that they
ought to move, but have never budged
an inch. And how much nearer is the
end: The Government, by its latest
statement, holds 500 926, 366 in "coin,"
which phrase includes $40, 125, 800 of
"coin certificates" leaving the balance
of "coin" so-called in the Treasury
$50, 800, 466. Deducting silver and
bullion from this, how much coin is
there accumulated towards the resump-
ton ofspecie Payments: And If against
this balance be arrayed the items of
bonds and interest past due and of ac-
crued interest not yet due, how many
millions of gold must We acquire to
make up the deficiency that actually
exists: Will not some Of the Republi-
can papers that are so vigorously assail-
ing what they allegc to be Democratic
financial theory" satisfy the country
how it happens that Republican fnan-
cial practice, after a dozen years of
heavy taxation, is still SO far from ac-
cumulating enough gold to meet the
daily needs of the Treasury and that to
all appearances the Treasury to-day
really shows deficit of some $17,OOO,-
900 Of real available "coin -
THE IMPEACHMENT TRrAL.-The
New York World says "there was a
good deal of talking done at the i'm
peachment trial, and Mr.. Black distin-
guished himself by piece Of rare and
audacious cynicism that will take rank
with his ironical defense Of Stanton pub
lished in the GALAXY two or three years
ago. He justified Belknap on the ground
that he was no worse than Grant and
others of the party! AS Democrat he
satisfied his personal hatred by exposing
the whole Administration to contempt:
as counsel for the accused he avenged
upon Belknap's former associates their
desertion of q comrade and their assump-
ton Of superior virtues because they had
not been caught. Verify it is a sight
for gods and men to see the counsel for
a Secretary Of War impeached for TAX
ing brides, argue that his client should
60 free because the President and the
Attorney General and the whole Ad.
ministration are fully As guilty-that in
an epidemic of official dishonesty one
man should not be selected to be made
an example Of"
An EXPLANATION ASKED FROM
GRANr.-We are among those who be-
lieve that President Grant ought to ex.
plain to this Christian nation Why he
has pardoned seven gaugers convicted
of using their oikcial powers to aid in
defrauding the revenue Of the United
States. We expressed two weeks agc
fear that the whiskey men would soon
be back in power. The pardoning Of
seven o1iceholders, convicted by juries
of defrauding the revenue, look. very
badly to US: and there are limitations
that the rest Of Mr.. Bristow's jail bird.
will be given free wings. The least
preiudiced observers will Involuntary
think Of the charge, that campaign funds
came in 1872 from the Whiskey Ring
and ask hard questions.-7xe JNttAo-
dist.
Senator Morton calls the retrench.
ment OF nearly forty millions Of dollar.
BY the Democratic House ''demagogue.
ry." The people want lots more o.
such ''demagoguery."
Senator Allen Taylor Caperton, d
West Virginia, died suddenly At hi.
residence in Washington "Wednesday
evening Of last week.
Here is the situation to q dot. One
term OF HAYES would Just make the