The New York herald., 1877-03-03

IN ths city are n rule, inclined to accept the
lures OF Mr. Hayes Ia good iath and TO regard them
as offered in perfect sincerity; but many doubt Is
expressed as to his ablity 10 carry out such policy
against tho .nirigues OF such exotic southern polti-
Clans as William PIT Kellogg he suspense thus
commences al the south nt the very date OF It's termi
nation in the Northern states and " M be ono almost
OF agony until the policy OF the Incoming admnistra-
ton actually develops itself
BISHOP w.Mkas vEws
In tins connection hc views oi the venerable Bishop
Wilmer, Of Louisiana thorough southern man In
iecbs, AS communicated 10 the reporter o the HERALD
by gentleman who haa Just had an interview with
HIM, are Of decided interest. The aged preate lakes
rather dolorous view OF the juncture not because OF
any douot OF Tho sincerity o! Mr. Hayes. but because
he believes tnat the materials cannot found among
men OF Southern nativity TO cooperate with his policy
by accepting office under republican administration
''Inere Is not he says, IA single leading southern
statesman who would dare to look hs public IN the
lace after compoundine with the republican party in
this manner, nor who could hope po-
htical influence IN his section under such crcum-
stances. ~
He thinks that Mr. Hayes will become discouraged
when the real state OF the Southern mind Is
vcaed TO him, and will abandon his proposed policy
within the nrst six months OF his istraon and
try TO build up republican support in the southern
states IN the same manner as his predecossor-that ~
by encouraging the elimination Of native leaders from
politics and by nlng Southern Offices with e'agres
from the North. The democratic gossips arc just
deriving great consolation from the views expressed
by the venerable Bishop.
..rhe ties. is at hand" said democratic Ncsor yes
terday after repeating Tue Bishops words ac he had
received them rom his own ips land You VIII SEQ
policy OF Grant by OF obtaining an apparent sup
port In the Southern States. -
TILpEx AND OREGON
One or Mr. Tidcns confidential friends states that
the democratic candidate never took any stock in the
Oregon Case and has discouraged any
tious proracton OF the contest.
Il was with Mr.. Tilden," SAID Mr.. Parke Goodwin,
''whcn the telegram announcing that Governor Grover
had commissioned Cronin an Oregon clectOr
ceivcd. ana am certain that he knew nothing OF
Peton's negotiations. 1T good joke, said Mr. linden
to me, as compelling the republicans to abandon their
theory OF not gong behind the returns but no man
would take his seat as President OF the United States
on such title az that '" Mr. Goodwin accepts the Sit
uaion anu predicts such reaction against the rcpub-
lican party as Will not only oust 1t IRON the control OF
tho government, but bury u In 1850 boncath tida
wave oil popuinr Indignation Tho end was, he THINKS,
torcgonc from the beginning, and conspiracy has IN
his view been carried out that only forcshad
owed, put planned and dgestcd, before single ballot
was cast He describes Mr. ridcn ono oi the lew
ldcalists IN American politics. whcreas lac Is generally
regarded as IA very practical poltician
''Hs capacity ior organizaion," says Mr.. Goodwin,
''ariscs purely from The mathematical and analytic
quality OF his intellect, but IN the ordinary accepa-
tton O The term he rs The least practical OF men," 1t
Is needless 10 say that no accepts the situation with
philosophers camncss, and. with that iaalisc bent
which marks the idealist nc may bc already digcsing
the mathematics OF 1880 AT least democratic gossips
intimate that such is the
AT THE FIFTH AVENUE
As centre OF political information the Fifth Avenue
Hotel Is important, because, there being barroom
ut the Union League when the members are cated
they adjourn thithcr Tor drink and when they
depressed iary swarm through tho corridor
lounge in the barroom OF the Fifth Avenue Is consc-
qucntly IN the nature OF revelation when the political
horoscope Is undccipherabe. Most OF the
vvial hd1ituss OF the club dropped in there least
during the afternoon by twos and tnrecs, and
discussed the happy tdings OF tho morning, while tho
general patrons Ot tho house listened dropped u
urd of dissent or assent as shades Of onn,on
There was, however. no loud disputlng anywhere.
BULLS AND BEARS.
The ncws OF the election OF Rutherford Il. Hayes
was received IN Broad street with almost unanimous
approval the democratic bulls bears wero
rcoiced at tho conclusion OF the political wranglo and
began to look forward 10 moro prosperous times. 1t
has been the feeling OF tho street Tor time past
that until tho question definitely settled there
would DO comparatively lttlc capital brought on the
market for speculative and purposca Tho
bulls wero more especially Jubant during the past
two months they had Dccn considerably bulldozcd by
the bears, for the uncertain outlook of things ahead
had prevented buyers IRON touching the market.
Everybody was said to DO holding OF until tho qucs-
tion OF tho government OF tho country sett ed
and tho now President lnangurated and IN his seat
Tho elect on tho market was decidedly IN favor OF tho
bulls, AZ all the leading stocks advanced IN price.
Union Pacltic jumped TO rs without any apparent
sstancc, move that does not ausur VOL toward tn
payment OF Its immense debt to tho United States
Treasury.
DEMOCRATIC HULL.
a HERALD reporter visited u number OF prominent
br kcrs ot different political opinions, aud Tried Ia
thor regard to the business prospects
Oac gentleman, well known democrat, stated that
standing no still firmly believed Sam Tilden
be The real President OF the country point OF equity
and justice, hc WAS willing 10 swallow his opinions aud
OF tho question. There was now no reason why bus.
ness should not pick up, and he felt assured that II
President Hayes displayed common sense aud goO1
judgment the country would be ~ very prosperous
condition before another twelvemonth had passed.
The bears and wrcckcrs bad taken advantage oil tho
unsettled condition O affairs and certainly had duno
all IN their power To rum everybody that mad capital
invested IN tho railroads oI the country but, luckily,
their power was limited and the people oI this country
OF TOO cnterprsiug character to allow Investment
securities TO sink much below their actual value.
REPUBLICAN BEAR.
| Another gentleman belonging LO tho repub can
party great glee at the OF his candidate,
and sta, cd that there fear for the country
and In the course oil lew years, after Investments
had reached their actual value, there would DO steady
! upward movement. At present. with very few eAccp-
tioLs nearly all the securities on the market wcrc
quoted ngurcs Tar above their legitimate worth, and
cannot attempt TO pay interest on their bonds aud
pose. The recent example OF New Jersey Central has
brought To light the actual condition OF what was
sdcrcd ono Of tho best investment securities IN Tho
country ana there are NUMBER oil railroad securities
IN the market quoted at ridcuiousy high figures,
whose affairs in reality IN worse condition than il
is Mt this very moment. There has been a general
shrnkagc values in this country, and there be
proportonate shrlnkaac IN stocks before investors
can be induced TO invest capital
RErrBiICAS BULL.
The next visit was made to gentleman OF strong
republican synpathies ana who has also figured
years. lie said snow that the political question
is settled the commercial prosperity OF the country
tories are running full TIME and wo know what our
exports and Imports amount 10, SO II really becomes
question whether Few unprinciplcd wrcckcrs that
trying 10 dcprcciao all values viii succeed
ing everybody IN the country. There arc
1000 that have Invested their money
to develop this country, building railroads,
working mines ana IN other ways aiding
and assisting to bring out It's resources, and appears
strange 10 me II a few unprinc'picd gamblers arc TO
succeed in destroying tho value oil their property.
heard story tho other evening relcrriyg TO two New
York operators IN The street that have been wreckDg
tho Tor some time past. well known lawyer
sand that although the two were al present working
In perfect harmony, one Of them held tho other MS hc
would sugar-coatcd pill that he was prepared to
swallow whenever II suited him. There rs no reason
10 anticipate any great change IN the market ac-
count OF the election OF President Hayes, as IL
virtually keeps tho same party IN power,
and events will run along IN the same
gr that they have done during the past tour
II Mr Iidcn had been elected there ieht have been
some anxiety In the country; but now that the
party at the wheel ana all the excitement Is over
there every to look forward brighter du Us
and an increase In all branches OF industry throughout