The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-11-14

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able to cope with the evils Of oyer produc-
lion and to provide a remedy therefor,
than It did to meet the vicious Legislation
ola Congress which, Ikea smoking vol
cauo. was big with disaster and ready to
lelch forth destruction at any moment.
The close OF the session only partially
lifted from off the business interests oil the.
ctnntry the incubus which had weighted
n down all the wintor and far into the
summer, by reason OF the evils that lived
sher II in the form Of the issues projected
into the political campaign. Happily,
these yexed questions have been to great
extent definitely settled, and arc ,notlike-
~ in the approaching session to come
IN again with any.degrce of force or actiy-
ity, Only three months 3 be occupied
with it's proceedings, during which the
Democratic party will scarcely recover SUI
iciontly from the surprise OF its over
whelming defeat before the people to
grow any new apples Of discord, twill
rather take to heart the severe lessons oil
the campaign which has just closed in dis
aster. and maintain the position oil master
" inactivity for fear that worse may iol-
low. Tough and knotty questions which
that party now realizes that it has not the
craftsmanship to handle, will be severely
le. alone. Mr.. Woods Tariff Bill will
probably slumbcr in the quiet recesses Of
The committee room. 1t did not meet
with much favor even from its party
friends Mt the last session. The financial
question has had its mischieyous horns
broken short of, and but little danger is
to be anticipated from that source
in the near future. Resumption Is ut
hand. and the assault upon it must GER
tainly fail. The controversy over paper
money has beon reduced to the volume
now aloat. How that shall be treated
and whether it shall be gradually with
drawn, arc the narrow margin OF discus
sion. Even on these points no action Is
likely to take place the coming winter
The Treasury will observe the effect Of the
substitution Of large notes for small ones
and for certificates of deposit. Congress
even II asked will hardly consent now te
the withdrawal OF any Of the greenback'
after It's positive injunction at the last
session to keep the whole volume OF SSl6,'
100000 afoat.
Indications arc that the Secretaries Oh
the diFc,cnt departments have given tnu'
sual attention to the careful investigation
Of the possible necessities OF the coming
fiscal year, and the estimates presented tc
Congress will leave little il any room fol
reductions, and certainly diycst Congress
men OF all opportunity to derive cheap
notorictyfro long winded speeches on the
subject Of retrcnchment and economy
The appropriations asked for will proba'
bly be the smallest since 1850.
President Hayes, with his Cabinet Off
GERS, is having frequent counsel uponmat'
tiers relating to the finances, with u view O.
formulating practical suggestions upon'the
silver issues, to be recommended to the
consideration OF Congress in his forth
coming message. owiugto the action OF the
members OF the Latin. Union, which prog
nosticates some change in thesilver stand
ard and the possible change in India from
the silver to the gold standard, or some
modification Of the relations OF the two
metals as money standards, all interest
in the financial legislation Of the winter,
will probably center about the treatment
Of silver.
Tie discussion upon internal taxes Will
turn upon the reduction OF the tax on
whisky and tobacco, with a yiewofincrcas'
ing tho revenue therefrom by removing
tho inordinate temptation to defraud the
Government, and turn the tax into profit
by the distillers.
The President will probably call the at
tention Of Congress to some ugly features
in the management Of the recent elections
in the Southern States, which will no
doubt require action, and may warm up
into a heated discussion.
On the whole then, Congress cannot well
be an object of fear and consternationdur
ing the coming winter. Business can turn
from it to It's own legitimate concerns
Enterprise needs not to watch events at
Washington. Industry can build on the
foundations which are seen to DO solid.
Confidence ought to grow because 1t Is Sc
cure from assault orundermining by lesis-
lation. Every productive interest Of the
country is FREQ to 80 forward TO seek pros
perity withoutlet or hindrance from the
sources whence recently have come so
much OF mischief and OF threats for the fu-
.turc. This is rest at last.
ruE sales Of government bonds Of all