The New York herald., 1877-03-05

As Tho correspondent sIpr 7achsd him the
President seemed buried ditation but aroused
himself at the correspondents sausation and entered
into conversation The President said that even tho
lew moments left of his pubic lie seemed to with
laggard pace ana that he impatienty awaited the nai
moment near at hand, SO that he might enjoy once
more the pleasures and immuni,ies Of an humble
citizen OF the Republic freed from the of state
and undsturbed by tho opportunities OF men and the
yexations OF politics.
Revertng TO the eight years OF his exercise OF the
executive functions OF the he said that the
questions upon which he rested the place Of his
administration In history were well known and had
already stood the test When he entered
the Presidential office, he said, ne found
tho condition Of things unsatisfactory. Tho
public finances were in most unsatisfactory condi-
ton. The anmosites which had been engendered in
the war and under the influences attending the subse
quent administration OF the Southern States still
alive The relations between the United
States and Great Britain were OF an ex-
tremely delicate character, growing out Of
the depredalions Of British cruisers; between
Spain and the United States Of equally serious
nature on account OF the disturbed situation in Cuba
The Indian question was provoking much cissatisIac
tion, ana, indeed, in almost every brauch OF the
executive there wns moro or less TO DO dono
10 secure 10 tho government that efficiency
OF admni stra,ion and exercise OF power
which necessary to It's authority and succcss at
home and respect ana Influence abroad. Upoa these
general features hc mad ,nauRuraed the policy OF his
administration. Taking retrospect OF the
which attended his Efforts in this direction the Presi
dent said that he satisfied with the result accom-.
plished
ON the subject OF his financial policy ne said that he
had succeeded in enecng reduction OF hundreds OF
millions OF the public Indebtedness, and had at tho
same time accomplished millions OF reduct ctions ia the
apnual burden OF taxation, now, his administra-
ton about close he hal the satisfaction OF
ing the credit OF the United statcs second nation
in the world their bonds In demand and tho govern.
ment ready and able to resume specie payments
In regard TO his southern policy he said that his
wish was always 10 free OF the elec.
tive franchise every class OF citizens, and to
suppress every kind OF violence against the
rights OF every ctizsn within the southern
borders. In this he admitted that there was stlll
much 10 be done, and he felt that there
was much 10 perpetuae the state OF feeling which has
existed in tho South, but that he could
IN the near iuturc wiser counsel prevailing IN the
Southern States than had the ascendancy during his
administration THIS evidenced, he thought, In
the action Of the southern democrats of weight and
influence IN tho disposition OF the Presidential ques
ton.
States he said that his first action toward the settle
ment OF tho Alabama question suggested by hts
faith in Sir Edward Thornton who always exhibited u
desire adjust the differences existing between the
two governments, which also Secretary Fish
and tho English government heartily joined.
The result OF their efforts has become a
matter OF history. In regard to Spain there was
great pressure the recognition Of Cuban indie.
pcndcnce, but he wished to avert war, Spain was
well prepared, and II would be a struggle In which
therc would DO glory except In tho triumph Of our
arms, and he did not believe In for glory but for
principle.
In regard to the Mexican border troubles the Prcs
that he always disposed 10 the part
OF eniency with thcm as the Mexican government was
strong enough to prevent the depredations from
eide, could always justify the OF our
own people, SO far pretext for war was con-
cerned tho President said We had that at any time
In reference his Indian policy the President said
that not well sustained, but that II would ut
mately succeed and would bring about breaking up
OF the tribal relations would make the red man az
responsible as the white man.
OF the acts Of bis administration lees conspicuous
the President said tnat they matters OF record
and would bo taken as part of the general whole.
AN OUTLINE or HAYES ACKNOWLEDGEMENTS
SION CREATED by THE NEW PRESIDENT.
The inaugural message there Is reason to believe
will be frank and outspoken document, rccting the
necessities OF the country and promising the
Presidents earnest cooperation with Congress
and bis own efforts in the execution
OF important reforms. 1t will probably con-
tain notable words to and concerning the
South, showing strong desro to do Justice and re-
store harmony, but requiring at tho samc time that
equal justice peace and security to both shall
tain in the Southern States.
II is believed that the President will spcak positively
about the necessity for currency REFORM ana show
that he docs not mean TO let this subject rest.
ON the question OF the civil service hc VIII probably
give somc whsh Will rest tho fears of
many hundreds OF competent clerks aud writer's and
put a iamper the hopes OF the Office seekers.
There Is general and increasing impression that
the President is positive man, WHO has taken great
care 10 himself OF the character the men who
como TO him IN these days, and Of the details OF the
questions which will press upon him for solution lie
is good party man, but to choose
for himself within tho party, and people
who have talked with him report that though
very quiet and re.ccnt when he speaks It IS TO the
point and that II II is necessary to tagc tho bull by
tho horns anywhere he will probably do So In fact
the general impression among the best mon OF his
party is that he begins admirably, and that he means
TO begin at once II Is remarked that certificates O.
character the efforts Of delegations and the general
ten OF pushing claims'' meet with sInsnary cool
reception at his bands. The Pennsylvania delegation
in Congress, Tor instance, waited upon him to push
the claims Of Mr. Don Cameron and werc received
they report, with eminent civity, but went away as
wise as they came. Ode delegations repor. equally
bad luck and there is mprcs sion that the deIega
ion business is with tho now President
A NoLLE PEosFQUI IN THE CASES OF THE
SOUTHERN wHIsKEY DIsTILLERs
Before retiring as President orders were issued
through the Attorney Generals Office by ex.Prcsdent
Graat to enter noile prose1ui in all the Southern
Illicit distillery cases II is expected that the
government Will yet have considerable trouble
with those engaged in Tho whsscy business in
the Southern States. because they are Of class OF