National Republican. (Washington City (D.C.)) 1872-1888, 1877-06-01

| - NEW 10rk WQHd indOfses secretary
Shorman's resumption policy, anu says:
boM soa I M no Ss say Ys IN
| order to make resumption safe; but that Is not
reason reason for longer postPoning the preparations
| sary. What has been done thus far has been done
without any disturbance to the money market
cause 70 use his powers discrcetiy as well as res6
lutcy for he Is not only the Secretary of the Treas
ury but is believed to be the father Of the law which
has begun, neither wasting tiife nor hurrylng the
carly Improvement of the legal tenders 10 par with
the whole business community will be inclined to
wish, as we do that the author OF the resumption
act had been intrstcd with It's execution two years
earlier.
The New Party Movement.
| The Pittsburg Commercial Gaseiie says:
The now party movement, so far as II can be
Judged from present appearances, simply repre-
sents the ambitious efforts Of n few political mo-
| no living issue OH which TO form a new party. II
the result OF the Presidents Southern policy shall
BIO good. i win be accepted by the Republican
with the President to break away from him on
single issue If II proves downright failure. and
malevolent bloodthirsy spirit, the President will
| shape his policy to the new order OF affairs
nc tbs S NO r9S cr ss5 G a nsM party s9
with the President IN connection with the Republi
| can as with new mongrcl party. All else aside,
/
anything that was founded on mere cSpcdcncy
This Is all this so-calcd party has at Its back
has extracted without the aid OF any party. To
/ blindly organize party to fawn on, and slObber
| over Southern Democrats Is mthcr too ridiculous
| to find a wide acceptance among the people. Yet
far yet appears this Is the only purpose of the
new organization 1t will be found, when fully
| disclosed, To he q mere nest of political bummcrs
Of no account at the present
| The Democratic Policy.
| The new York Times discusses tho question
whether the Democratic party has q policy.
1t fails to find one 1t says:
| Their studied silence upon this point Is a good
deal more suggestive than the manpuvcring which
| l. going on In behalf Of candidates for high posi-.
ton. a dgent study Of their more influential
Journals, and Of the guarded utterancSs Of their
TO this question of policy, ON a trihing personal
qucstloi,-that namely. which involves the cause
common sense The scheme Of Mr.. David Dudley
Field for making the Presidential title u pretext
Of dSnsiJeratisn Eren The WgyJ dc,ars y ~
ridiculous, and the Memphis Appeu' dsmlsses It as
too silly for discussion. Beyond this specific proof
that the fools are not In the ascendant IN the man
agcment Of the party, We discover only barrcnncss
and doubt For party that prctends 20 control
speeding the important topics now uppennost In the
public mind Is unusual II Is not a sign OF
genuine force or stacsmanship 1t looks more
ton rs II fur illustration of this peculiarly. No
one can doubt that II living question. and one
nT5 Will Try them ne Giuc q sS,h peEtss The South
| spicunus advocates Of the subsidy system and
Southern Representatives have given notice OF
their determination to make IL superior u ordinary
| considerations of party allegiance They intend,
before ull other things to make the Treasury trlb.
utary tn the material interests of the South: and
the support they receive from the Democratic press
of the south and West invests their design with not
a little Significance. What does the Northern De-
mOcraCy propose TO do about 1T Shall we turn for
| an answer to the vigorous sun. which denOunccs
the subsidy projects as 50 many attempts at robbery
Pies money than for Southern votcs2 : I.
As for the financial question, the, Demo:
sTnts are no neaTCI policy than when they tied
Cling the inflationists and the hard-money men.
In Ohio they are preparing for the fall campaign
| on the Allen grccnback basis, with Ewing u
leader. The same mischievous element prcpondc.
ra,es IN TIC ranks Of the party IN other Western
see repudlators and others Of that class from the
SOUTH 1t would seem to be decisive as to the CON
trolling forces within the party when any PROPOSE.
among the Democracy there are friends OF rcsi,mp-
ton under the existing law, they follow Mr.. Ran
dalls example and carefully conceal their inten;;
financial policy in which case they may leave
gains as suit their individual convenience.
| Our Full Treasury.
Under the above heading the 81. Louis Globe
| Democrat has some ell-timed and sensible re-
marks on the senscless manner in which the
last House Of Representatives insisted upon re.
ductions of all descriptions. II says:
| For the last few months the regular revenue re.
ceipts have been 30 much larger than usual that
the surplus in the Treasury has increased In ur.
prccedented manner, and extraordinary. invest.
ments have had to he made To dispose, for the time
of the spare funds. The unique spectacle has,
therefore for some weeks, been presented of u
Of the Goycrnment which owns the Treasury are
| running about endeavoring to pawn their effects in
order to raise money enough To tide them over un.
tfl 9th
country In the world where such sight as this
could be presented because there Is no other where
Of the various departments Is ever allowed to fii
into the hands of q small, irresponsible major
lily in one branch Of the Legislature. This is
one defect of our popular representative govern.
ment which gives party of malcOntents the
power to dcrange every function of government
may be increased at pleasure to perfect torture
Without complete and radical change In the sys,
tenn Il VIII, Of course be impossible 70 proven,
| liar emergency has never before been known In
the history fthc country argues merely that the
the possibility OF a party Of men becoming 80 LOST
to common deccncy rs 10 be willing 10 see the OPP.
erationsof government hampored or suspended In
order that partisan spite might be grntiled. Much
as 1t Is to he dcplOrcd we have however arrived at
that point ofpublic indecency. eseeeyery depart.
means. We see the officers Of the army and navy
forced TO borrow In order to live; we see the
preme judges Obliged to make the circuit terms
the minor employees Of the COURTS We see clerks
and other officials at Washington discharged hun.
drcds at time, from every bureau at the Capital
not because there Is no work for them 10 do not
because the work Is not urgent and pressing but
because the Democratic majority In the last House
| Wished rather the public service to no impaired
| than to miss chance Of making point against
the Administration, The chief argument used "
influence votes for the reduction Of the appropria-
tons was the plea Of economy. Hard times was
the cry, and plausibly enough, 1t was urged that
private individuals were rctrenching Nt
every point, cutting down expenses, dis
penslng with supcrfuties and reducing the
amounts paid out to the lowest possible figure the
| Government should do likewise. This was very
fine theory, but the facts In the case were that re
duction OF running expenses 10 II reasonable figure
had already been effected by q Republican admin.
istmtion, seconded by Republican Congress. and
that further reduction could not be effected with.
out deriment to the public service and The peoples
business But the reduction was made and the
country now beholds the consequences, while the
plea for economy no longer exists, because, by the
showing Of the Treasury Department, there is more
money In the Treasury than there Is any need for.
The whole reduction business, from beginning "a
end, has long since been proved piece OF political
claptrap ofthe lowest order and, though this Treas
ury development was hardly needed, II Is fitting
sequel TO the disgraeeful job.
REDUCTION OF ENGINEERs' WAGES
To Take Effect To-Day on Pennsylvania
MISUNDERSTANDING Known rs to the Action
| of the brotherhood.
[By Telegraph to the National Republican,