The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1878-11-07
WASHINGTON LETTER.

w ASHlNtIoN, ~, u, NDN, q, 1910
Washington led off in the failures of
1873. No one has forgotten the Jay Cooke
& Co, affair and the numberless bankrupt
cies which followed it. That was the be-
ginning of hard times Now we have an
other broken bank--the German National
which closed its doors on Thursday As
resumption is coming, and nearly every
body anticipates more and better business
in the near future, we may hope that this Of
the German National is the last effect of
what the Jay Cooke failure precipitated A
revival of business six months ago, and
consequent appreciation Of real estate in
value, would have saved the bank which
has just gone to pieces.
A democrat can hardly think with pa
thence of the complications in New
York politics, Longer ago than mem.
DRY of man runs, the democrats
of that State were divided ON real or
imaginary questions, There is now a fool.
ish bolt from the regular candidates of the
party in and around New York city. The
city is better and and more economically
governed than ever before. Her Demo
cratic representatives in congress are men
of ability and honesty and influence. Yet
quarrel is got up, and its effects will as
its starters intended, reach through the
state and greatly aid in sending Roscoe
Conkling to the senate, and perhaps in
losing to the Democracy one or more mem
bers Of the House.
There are two states in which the issues
Of the approaching election are more per-
sonal than political. The one Is Massschu-
sets, in which Butler is attempting to elect
himself governor against the influence Of
two centuries of aristocracy, and the other
is Wisconsin, where Carpenter fights for an
election to the United States senate
against the party to which he has be-
longed shall have no tears to shed if
Butler is elected. II is idle to say, during
this contest, that he is "beast," that he is
dishonest, that he is this or that, The
truth is, and it is known to every one who
reads, that those against whom Buffers
fight IS made have always controlled the
state, and that to-day the ownership Of
property by poor men in that state is almost
an impossibility. Taxes are increased
Debts accumulate. But the honest ordina.
ry citizen, if affairs 90 on as now for a few
years, will have no rights in Massachusetts
which his rulers are bound to respect. But
Ter may not improve the matter He can
not make them worse. If his campaign be
unsuccessful in making him Governor il
may yet have the good effect Of informing
the voter Of his wrongs and of his remedy
In Wisconsin the Democrats will of course
elect Democrat to the Senate if they can
But if they cannotif to them is given only
the power Of debating the result as between
Howe, who inhexibly represents everything
narrow and sectional in our politics, anc
Carpenter who is admitted to be able anC
liberal and who is not past the age Of learn
ing,--then they should certainly elect thu
latter He is now in Wisconsin, and If
majority Of the Legislature is, as | suspect
It will be, made up of opponents Of the rad
ical party, but not composed entirely O.
Democrats, commend to the majority Mr.
Carpenter as the best possible man for Tho
Senate
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BAReAINs in every department at the i've
L. = 4. Al. d