Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-06-16
iiElIPHIS APPEAL
: CNDAY, JUNE 16, 1873.
THE MExIcANIzING BUSINESS.

This falsehood, started by the Radicals, re-
Deated by Key and the pap-sucking patriots,
has been nailed to the counter. The vote In
The house of representatives on Friday will
ut ouietus upon the "Mexicanizing" bust
ness. None but willful, deliberate falsifers
will hereafter repeat this stale and silly SLAM
der upon the Democratic party. Even the
New York Herald, paper hostile to the
Potter investigation, is forced to say that
nobody any longer pretends that the Demo-
Gratis intend TO attack the Presidential title,
or that the Potter investigation looks in that
direction. That bugbear which the awk-
W.. dless of the Democrats gave the Repub-
i,..lns to raise has been laid" If anybody
sill remains of different opinion, it is
simply out Of pride or vanity, not to speak OF
obstinate pure cussedness. The tremendous
Isolation of such an individual Is painful to
L.hold because of enforced conspicuousness.
Never was a proceeding more swiftly
Justified and never did party profit more by
IT than the Democracy, despite the shrill cry
,i revolution" from the Erring Brother and
n Few timid statesmen of the old school. 1t
IL true that the people, in a vague way, I'M
, Is, but they did not know, in official and au-
tuorltative form, the length and breadth and
depth of the abomination. The Herald says,
in speaking of Hayes: "The forgery of elect
oral certificates and the other dirty and dis
gushing crimes Of reckless carpetbaggers do
not seriously affect the good name of the
country. They are the acts of adventures.
y ae party which sustained them IN power and
,,ndoned their otfenses may be held respon-
slble for its bluuder, but the purjurers and
I, rgers are only excrescences in the body po-
,itc. But when men intimately associated
with the authors of these crimes, their part
uei5 and allies, are persistently rewarded by
ne President, the people have a
right to be offended and indignant"
Ii.is will be the Judgment of the Ameri-
can people. We agree with the Augusta
(,ia.) ConstitiaionaIiSt and Chronicle that if
the Herald be a weathercock, 1t would seem
that Mr.. Hayes has lost ground in the favor
OF the people, not because he did grand work
at the south for Cancellation, but because he
did not make his appointments from such
sources that the country would feel proud of,
and not disgraced. We regret that this
should be the verdict upon the President, who
started out so CALAMITY and admirably. He
will, if alive, keep his Office without fail till
March 4, 1881; but we apprehend that his
departure from the White House will be a
different affair from his entrance into it. 1t
may be that he could not endure the pressure |
put upon him finally. But he must now |
perceive, or he will presently do so, that his |
oh IS haua n uyaa
or a melancholy error. Charles A. Dana, |
no doubt, will insist that it is Nemesis. Be
it what it may, the Potter committee has per-
formed prodigies for the Democratic party,
and can well afford to let the Presidential
title alone in its excellent law and doubtful
Try. The Mexicanizlng business was
started for the purpose Of diverting the pub
li> mind from the disgraceful disclosures that
TIE Radicals knew were coming. Key
sgueaked Mexicanizing," and the little or
eans howled revolution" and the whole
Radical party vociferated that the Democrats
were about to p:ecpitate the country into
anarchy. The great business interests of the
country we're to be Frustrated, but, ac-
cording to the Baltimore Gazette, while |
the Republicans, who are writhing under the
electoral fraud investigation, are prophesying
n general collapse of'"business interests" all
the markets are more or less buoyant. IN
fact, business interests are thriving so upon
investigation, that 1t would be well for con-
gress to sit all along during the
summer, and start several more
committees at work. The stock market,
that sure indication of more active trade, is
strong and confident. Stocks that few
weeks ago were in the nineties are now in
the neighborhood of one hundred and ten to
sixteen. Gold is down below one hundred
and one, and the money market is easy.
Anybody that has colaterals can get money
on easy terms. The grain market Is strong
anl upward, both for corn and wheat. Cot
ten is frmer; the pork and bacon market has
advanced notably. In addition to these hope |
ful signs, it must not be forgotten, the fifty |
million loan has made resumption certainty; |
the placing of the four per cent. loan has |
reached twenty millions since the first of |
May, and still the price of gold keeps down. |
Taking these and many other similar encour-
aging facts into consideration, 1t Is quite clear
that investigation Is a healthy stlmulant to
"business interests" revolution cannot be
gotten up at any puce. Therefore let US have
some more Investigations; and while we are
on the subject, forget not that deficit Of two |
hundred millions Of dollars which Senator |
Davis says John Sherman keeps concealed by !
forced balances and false entries on the books |
Of the treasury.
ss@-...--e--.-