New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-08-02

done in times past, there would have been
fewer marriages., fewer children, and by con-
sequence now, fewer unemployed lab0rers !;
hence. no reduction of wages and no strike
The argument is quite as strong as that OF
the free-traders, or of those who oppose
specie payments.
An excellent measure is under consideration
by our Fire Underwriters. IL Is proposed 10
limit the risk which each company may take
in a given district to the amount OF that com
panys net assets. With this view the cities
and towns of this State will be- 1t Is expected,
mapped out in suitable fire districts. What
is known as the "dry goods district
of this city is cause of constant fear
to the fire insurance companies and TO 1t the
new rule will doubtless be strictly applied.
There is little apparent opposition to the pro-
posed measure, and indeed it only amounts to
formulating by rule and law a mode of limiting
risks which has long been the practice of our
best-managed companies.
People who have feared that if the South
was left to itself in politics the Democratic
party would always present united front,
may within q week have occasion to revise
their Judgment, at least so far as Virginia Is
concerned. There is IA prospect that the Demo
cratic Convention in that State will ex-
biDit party split squarely in two
upon question of vital interest-whether Viz
ginia shall or shall not repudiate her deot.
The only thing likely to check this process Of
splitting the party Is the circumstance that
even the men who now declare Themselves OPP
posed to reputation are not prepared to advo-
cate the taxes that would prevent It,
The Ohio Convention has done worse than it
should and better than we hoped. 1t has not
demanded the repeal of the Resumption Act,
has not been luke-waIm i'll its support either
of the Southern Policy or the Civil Service
Reform of the President and has not
gone utterly daft on the Silver ones
ton. All this is better than the many-volced
prophets of evil have for weeks been Loudly
predicting But the Convention docs 90 far
enough about silver to make some trouble.
It's proposal for reconciliation, however, Is
coupled with tho clause that the COIN
age must be so regulated as not to place
us at disadvantage with other ma
tons and this is about all that saves
it. The labor plank. which is understood to be
Mr. Stanley Matthew'S contribution, viii DE
regarded with suspicion. National bureaus
have not heretofore been eminently successful
in managing anything, and the plan for
giving them power to NEEDLE with all
the railroads of the country viii bear
considerable delay and study before adoption.
Gen. Garfield received conspicuous honor, and
nothing better was said at the Convention
than the ringing speech which he closed
with the aspiration that his party
might continue true to its traditions OF
honest government, honest men and honest
money The candidate for Governor Is an
able lawyer who has been Attorney General of
the State and has long been more or
less prominent in its politics. He was
for many years recognized as the special
personal opponent of Lieut.-Gov. Ben
Stanton, one of the ablest men in the State.
Mr. West has not been so prominent OF
late years as Judge Taft, and 1t remains
to be seen whether his nomination viii
prove as acceptable to the doubtful vote Of
Hamilton County, which politicians believe
will determine the State.