New-York tribune., 1878-11-07
SOHE POINTS ESTABLISHED.

SOIE IUI-N 10 ENI HDi.IN14I.h.
A solid South is answered by solid North
Indiana and Oregon alone excepted. Those
who were defeated IN their attempt to destroy
the Union will not be permitted TO avenge
themselves by wrODging public creditors ana
destroying public faith. If the next Prcsi-
DENTAL election shOuld be thrown into the
House, nineteen States will vote for the Re-
publican candidate leaving eighteen for the
Democrats, and one, Indiana, divIded-the
Grecnback member holding the balance Of
power there. These are the chief results OF
the elections of Tuesday, in a National aspect
and they are especially encouraging to the
friends of public faith and honest money.
Looking to the next Presidential contest, 1t
plainly appears that no intlatomst OF repudi-
at0r can be elected. New-l Ork, New-JrIS'y
and Connecticut stand as firm as a rock agalnS
every assault upon the public faith. Illinois
Michigan, Wisconsin and Minnesota cast ont
the soft money dclusion, and return to the list
of solid and unwavcrlng Republican states.
The Solid South, with Indiana and Oregon,
cannot elect
The obvious consequence is that the Green
back hcresy dGomS the Democratic party to
another defeat. 4 sound, unHinchtng, hard
money candidate will offer that party the only
chance Of success in NewGork Ncw-Jcr>cy
and Connecticut But such candidate would
be hOpelcSsIy beaten elsewhere, If the West
crn and Southern Democrats continue to los
ter the GrtenbaCk hcTcSy, and to make COM
mon cause with TepuGiatOrs Nor does II seem
possible for that party to retreat from the
fatal position it has taken, and to undo at the
West and South, in season for the next cleo
ton. all the mischief it has done III educating
its voters TO doctrines of rCpudIntion.
Another conclusion is inevitable, and it is
one OF the utmost Importance TO the industrial
and commercial interests of the country. The
resumption of specie payments will not he
hndered 10y any action of Congress this Win
ter. At the last session. when the current in
favor of imitation seemed almost irresistible,
the Republicans were still able with a Presi-
dents veto, and with the aid of few sound
Democrats, to stop mischieyous legislation.
The campaign has taught Republicans
all over the country that their only
hone is in stcadfast defence of the
public faith. They will be more united on
that question this Winter than they have been
at any session since the Resumption Act was
passed. On tho other hand. the hard-mOney
Democrats who stood firm will be aggressive,
and Their power will be enormously increased
by the demonstrated certainty that soft
money Democracy must be defeated in 1850
Democrats who wavered or yielded will make
haste to place themselves OH the side OF
honest money. Even Mr.. Thurman will he
anxiously seeking some small hole through
yb,ch ne can crawl back to the position he
once held. Any attempted legislation hostile
to resumption, if not directly beaten 10y the
majority IN either House, Will be arrested by
veto which cannot now be overcome. For this
Winter at least, the commerce and industry
Of the country cannot be dlsOrdered by
repudiators. This result alone, if no other had
been gained il well worth the splendid efforts
which have been made i'll the recent strns-
gle.
1t Is equally ceTtain--sO grandly have the
peoplc rallied to the defense of their honor
and their welfare-that the rcpudiatOrs will be
impotent for at least two years from March
next. Though the precise strength Of each
party in the next House is not known. and the
majority of Democratic and Greenback MEM
bers combined over the Republicans may prove
about as large as the present Democratic ma
ioritv, it is very clear that the Republican
members newly chosen will be much more
united in support of Presidents veto OF any
measure asS:lilng the public credit, than those
of the present Congress. For reasons already
explained, too, the hardmOney Democrats will
I've more Iesolutc and uncompromising. Hay-
ing been 50 splendidly sustained by the people
Of the free North. the President will not be
slow to strike down with u veto any weapon
aimed at the honor prosperity OF peace OF the
country. Until March, 1881, the heather will
rage in vain.
1t was a grand days work. Millions of in
dustyious workers viii enjoy its fruits, in more
regular employment and better wages for their
toll. Millions of thrifty men, women and
children will continue TO accumulate III safety
those savings which Democratic victory
might have turned 10 ashes. The Nation will
move bravely and patiently forward in the
restoration of its business upon Il solid basis.