New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-06-09
THE PRESIDENT AND COY. CULLOM
THE NEW ARGENTINE CoNTEDERAcY

/ To the EdffOr or Jhc
| SIR: Your Washington dispatch in The TRIBUNE
| of the 9th instant contains an account OF remark
able interview said to have taken place between
the President and some Argentine politicians from
the West in which the President is reported as hay-
inc expressed his profound regret at Gov. Culloms
veto of the Silver bill recently passed in an access
of lunacy by the Illinois Legislature. The President
Thought the Governor should have allowed the bill
with all its mOnstrous and crazy provisions, to be-
come law Just to see how il would work!
Your correspondent judiciously states that his In
formation is derived from the silver iniatonlsts
themselves There is always reasonable presump-
ton that an inilatIonist economies the tIuth Wheh
he is talking ia relation to his hobby, but as the
President has not seen fit to deny the published re-
ports of the interview, we are forced to believe
there may be some foundation for the story. III Is
needless to say what disappointment 'hiS
is to his best friends in the West. FROM
tbe gallant fight made by Gov. Hayes two
years ago against the Allen repudatonISts
we were led to hope that his influence in his high
Office would be steadily eXcrted in favor OF financial
integrity and against all schemes of overt or vailed
dishonesty. 1t short we expected him to believe
and hold that debt of one dollar should be paid in
something worth Just one hundred cents. and any
polteriug with this sclf-eyident principle for the
sake of passing popularyis an act OF gross treason
to his former record which we cannot but regret and
deplore
But there is another point of view of this matter
which IS nor without its importance. The existence
of tho Republican party is distinctly at stake on the
elections Of the next year or two. The President
has disbanded that party in the South. Most OF us
have approved his action in this regard We have
thought, M Senator Morton said, that he was
forced to choose between yielding to the inevitable
and meeting inevitable defeat" But the fact re-
mains that the party has disappeared in the Sonth,
and if it is to survive in the North It must be as
r4Ilying point of the men who believe IA gOod
government and sound financial prlnclules. ne
inllationists and TcpudiaOrs, under whatever dl'-
0uise they may assume, are naturally az nome ID
The Democratic pary and no effort OF interruptions
Repubcans can induce them To 60 any Wn'fe t'Sr.
H. M this moment the President concludes 10 JON
hands with the III sguidcd men who are Trying 20
get the start" OF the Democrats by declaring IN
favor of am unlimited flood of SILVER he VIII simply
BE- uastcmng the dissolution OF his own party WIN
on any possible cOmpcnsailnR adNahia age - gov
CuIIon's action in vctlng the Silver bill IA ILLINOIS,
wasan act of high political COURAGE aud lntc!iig nee
Ilr faced the fury of the politicians IRON me
Wabash TIMBER, ~ well IA the nnilng abuse II the
cracl-baincd Mcdill crowd, to prevent great us
asier to the State. 1t ia an act of wanton hos,ly
to him and lis administration, rs wei n oil me
hich.. impolicy for the President to JON Win the
uiatics whom that veto has defeated, ~ trying 10
say nothing about tie taste Oi such a d'm"nstIa-
ti1n. II would b, well Tor the l1e'idthI, Ao" 'er
Ia consider than the Republican Govornur oi ILLINOIS,
WAS NOT elected aud II NOT kcpi Ia his p1re by
Executive 30 yer. and that Executive c1lIciSih Oh
his ION might as well loo withheld.
The statement that the fre-id nt thought Gov.
Cuilom should have allowed the experiment to he
tried for the beneficial results thar might have
eu,Ilrd would be udicrous, II it were rot Tor the
Seriousness of the matter at issue. The hovolnor
should have suffered tie State 20 feel the disastrous
CONSEQUENCES OF such piece of holly, 50 rs 10
add another chapter to financial history
4 ueaI-sghtcd c fIZen STOPPING down 10 cEanne
a Young bulldog Just bought by his hopeful
son suddenly found his nose caught m The GRIP 81
the brute 10 his yeils for help the boy calmly re-
Piled. "Let him hold on, Dad! II Will be- The inak-
ing 81 the pup.' The President seems 40 nave con-
tcnpIaied y ti equally hopeful serenity the pros
uect ul financial chaos in limos, which might have
fol owed ii Gov Cullom had been less irnlS c0baci
entipu>.
In short if the President is not inclined to help
the better class OF Republicans ia thcr hBhi against
tbs most recent financial Jolly, they have al east
the right to demand that no shall refrain from M
pertinent and injurious criticism IN the ce OF the
enemy. NtolthN h4fl hlA'AN
no. 2i9 Fyth-Gre, June q, loIG
[Our friend is excited. We don't believe the
President said anything of the sort; and we don't
conceive that his not having denied story con
stitutes any reason for making haste 90 believe
it.-Edl