The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1877-06-12
PROSPECT OF POLITICAL
PARTIES,
Increased Importance OF the FL
nanciAI Issues. "

Increased Importance OF the FL
nanClaI Issues.
From tho Warrington Republican.
Referring to the attempted organization
Of new parties, 1t occurs to US to suggest
that while politicians fail in the effort
the people will not, and that the advent
Of new parties, or a reorganization Of the
old ones, ia just as inevitable as the con.
ditiOn Of the country is unsatisfactory to
the public. There Is not so much inter
estie any longer in the questions grow.
ing out Of the reconstruction Of the
States and their readmission into the
Union as there Ia In reconstruction Of
the finances, and the readjustment Of val
ues dependent upon that event; not be-
cause there Is no further apprehension
in regard to the former subject, but be-
cause, having received the first attention
Of the Government under President
Hayes, II is considered now q fair condi,
ton oil promise, and may be safely put
aside for application to the subject OF the
more pressing wants Of the country In
respect to It's Industrial and commercial
interests.
There ia not household in the United
States that does not feel the heavy hand
Of hardship in one form or another, i'm
mediate or remote, on account OF the
general depression that prevails. There
is not business interest anywhere thai
does not complain, and there Is hardly an
establishment in the country operating
its full force Of employees. Even the gov,
eminent itself succumbs TO the timeS, and
casts about TO sec where it can procure
its work done cheaper than 1t can EN-
ploy labor 10 do it. All this results in
the constant contraction OF the field Of
employment and consequent distress OIL
the laboring classes in great numbers
who, without money, without friends and
without food, are continually turned
away from the privilege Of toll, going,
they know not whittier, in search Of they
know not what, for employment they
know TO be impossible, and friends they
knew the homeless do not have.
This is u state Of things that cannot
long exist without the close scrutiny Of
the people Of public affairs, and some de-
termination on their part Of the remedy
to be adopted. They have long been nc
customed 10 think that the cause OF all
their troubles was the unsettled condition
Cfthc South, and to hope that when this
source Of arrangement was healed there
would DO immediate relief and early
prosperity. But the restoration Of loCa
selt-government 10 those States does moi
seem to effect the change they anticipated
in the character Of the times, and, diSap-
pointed and morose, they ponder further
They are satisfied that the Southern ques
ton was not the sole cause Of the stagna
ton linking them 10 death and despoil-
ing them Of the comforts OF life, and aoor
their eyes will be opened to another, and
in our judgment, the chief cause OF the
public disorder. They will not be Ions
in finding out, now that desperation
pushes the inquiry, that the supreme
cause OF their distreaS is that they are
needlessly paying the public debt with
the money that should purchase food
and clothing for them and their
famIlIes, stock for their shops OF
implements for their industries
And that it is this fact that has caused
the government and private employers tc
throw upon their hands the whole poor
Of the country, to be fed and clothed BY
them when they have not the where
withal TO provide for themselves. And
when the full meaning Of tho situation i,
mastered, and they reflect upon the ear.
lier privatlons and horrors they have suf
iered in the same cause which entailed the
debt, they will vigorously protest against
any further payments on that account IN
til they have had opportunity to get
something ahead. The result will be the
reformation Of parties upon the issue oil
the payment or non.payment Of the prin'
cipal Of that debt until it can DO done
without public or private distress. This
isto be the issue Of the future, and when
its merits are considered there can be no
doubt Of the character. Of the decision that
will be rendered.