The Republican. [volume] (Oakland, Md.) 1877-current, 1877-09-22
The Approaching Congress.

A4-N Ooo'
1t has been suggested that the
fresiebnt rescind his proclamation
eenyeFing Congress in extra session
pn the fifteenth of October. The
reasons assigned are that such busi-
ness as was originally to be brought
before the Senate and House Of Rep
resentatives can be as well transacted
ntthe regular session so closely fol-
lowing, and that, in view of the i'm.
prOvenent in business over the
it is best to let legislative
events flow in their accustomed
channels. There can be no doubt
put that we are on the eve of a sub
stantial business revival. Nature
.aas been lavish in her gifts ofcereals
InhrQpghont the Nest glowing ac-
counts come of unusual crops Of
wheat and corn, while in the South,
the yield Of cotton has been ali that
planters could wish. So far, no acci-
dent has befalIen the tobacco crop,
and without going into particulars,
it may be said that the present year
will be one of abundance. Independ-
ent Of our home demand, the East
ern war, as it grows more extensive
and devastating, must relieve us Of
much of our surplus productions,
and new source of revenue is OPEN
ing up in the depletion of the Brit
ish graneries by the starving mill
lions of India. 1t is not expected
that the financial stringency which
has perpleXed business men and pol
itlcians will Immediately pass away,
but the dawn is near at hand, the sun
IS rising over the waste of waters,
and its cheering influences are being
felt in the centres of trade. Nothing
should be done tOarrest, in the slight
est degree, this upward business ten
dency. Every one expects some eX-
element at the Fall elect ions in the
several States, but the fiTOre will be
local and temporary. The whole
aspect is changed when Congress
speaks and acts, for both have a ma
tlonal importance for good or evil.
Hence the argument that an extra
session presuppOscs an emergency, a
national crisis, and the bald idea, at
this time, has its power over weak
and capricious people, who manutac-
ture mountains SOfmOlehillS. Further,
il is feared that aspiring and incon-
slderate politicians may seize an OPP
portunity in the extra session to 90
behind the business for which it is
called, and inaugurate an unnecps-
sary political excitement which will
have depressing influence on trade.
For our part, we do not share in
these approximations, yet it might be
good policy to merge the two ses-
sions into one, and go on in our ac-
customed way.
Thus far the President has made
no sign Of countermanding his proc
lamation, but as the army and navy
have got along without an appropri-
alton, it may be considered advisable
to postpone the matter of money
until its kindred question. the aug
mentatiOn of both branches of pub
lie defence, can come up before Con-
gress. In addition to an increase Of
the army, it is proposed in executive
councils to build ten ironclads for the
protection of Government property
on water sites in our harbOrs. Both
measures will lead to debate, per,
haps of somewhat exciting nature,
when Congress regularly meets.
Then there is the troublesome cur
rency question, involving a projected
attempt to repeal the Resumption
Act. We shall have on this subject,
we fear, display Of anything but
true craftsmanship. The United
States can boast of no Samuel Jones
Lloyd, whose financial ability was
such that Sir Robert Peel called upon
him to devise plan whereby the
Bank of England might be saved,
and the finances of the United King
dom regulated. His plans succeeded,
and for his services he IS known to-day
in the peerage as Lord Overstone and
Fotheringay, of the County of North.
ampton. 1t will always be creditable
to Peel that he availed himself of the
talents, sagacity and experience of a
banker on that memorable occasion
in British parliamentary history.
No doubt we have private citizens
among US who could do some such
good work as Lord Overstone if the
politicians in Congress, on both the
Republican and Democratic sides,
would consent to listen to their ma
ture financial advice. But, uniOrtu
nately, nearly every prominent Sen
ator and Representative has aper-
sonal and political ak to grind, and
so there will, in all probability, be
lnsl nnn,ub ,,, tho tinonaiol