The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-02-11
THE SILVER BILL.
THE ACTION THAT PRESIDENT HAYES
. WILL TAKE UPON IT.
sN1aeilinatI0ns-Hfs Appeals and
Threats to win Hayes over to the Side
Of the Syndicate and tine BsnahDia~

Of the Syndicate and the R0nHh8id~
ers.
Ispseial Correspondence OF the Deneerat %
RIaes HOUSE.
Washington. d. e.. February T. 1878. ]
THE SILVER BILL,
appreaehss O vote In the Senate the anxiety MS
TO what the President will do with it When IL Ia
presented for his signature increases. So many
conflicting accounts OF
THE PRESIDENTS ATTITUDE AND INTENTIONS
have been published that II is Impossible to
gather anything like on accurate Impression
from public sources; and the entire reticsnee
which he maintains on the subject when ap-
preached by authorized representatives Of tho
press leaves nothing but surmise md eonjee-
ture upon which to base IN opinion. The con-
Hicting statements that have been published
have oil been based upon reputsd Conversations
between the President and statesmen Of oil par-
tips and all views on this subject who have
called upon him, and each individual seems TO
| have received the impression that the President
would do about what each individual would like
| to have done. However. BY taking into account
the whole mass Of considerations involved, and
sitting oil the utterauces which bsar tho stamp
Of authenticity, something like definite prob
ability may be evolved.
/ 10 begin with. Mr.. Hayes has about ns many
| intimate frlGn0S anu G0HnusHt'Hl btSisets oh
one side OF this question as on the other, and
he talks with equal freedom. and ut the Same
time with equal reserve, to all. He has repeat
edly gone over the whole ground Of the subject
| in conversation, pro aud CON- and has from
time to time to time indicated one view and
i then another according TO the drift OF the con-
versation ut the time. but he has never specific
allv said II will vetos or II will approve tho
i Bland bill The nearest he has approached TO q
definite ststersnn Mt was In conversation with ex-
!, Gov. Tom Young. OF Ohio to whom he sud he
would certainly sign bill creating
A SILVER DOLLAR THEORETICALLY WORTH A HUN"
Il DRIED CENTS
according to prevailing standard prices OF sill
yer bullion in the markets of the world. But hs
!. did not say he Wou d veto the Bland bill because
Of the fact that the dollar it creates is worth
!. only nipety-three cents in gold according TO
prevailing quotations though he seems to have
, left that impression upon the mind OF Mr.
j Young. have my own theory upon this cub
/ iect. based partly upon my knowedge OF Mr.
Hayes character partly upon the peculiar logic
of the situation and partly upon On estimate oil
: the weight OF certain external circumstances
which though not directly connected with the
i, financial question, have bearing upon Mr.
Hayes action respecting IL by reason OF his own
situation and the temper Of those who support
= the bill.
al RI Mr. Hayes were secure in his seat. and IL
). ne were not oppressed by haunting fear OF
:, the two-thirds majority which has thus far ia
vored the general principle oil reconciliation.
there Ia no doubt that no would cast in his lot
/. with the money sharks and follow John sher-
70 mans financial advice to the letter. But he
n knows that the response Of tho House TO his
veto would probably be not only an instant re-
passage of the bill over 1t. but also the passage
Of daclarafory resolution affecting his title'
u He knows. moreover, that
,e HIS STRENGTH AND suPpoRT AMONG DEMOCRATS
% In both branches of Congress is rapidly ON the
s. wane and this 10 really his chief source Of dis
auietude. The Democrats bitterly resent ! The
,se Desmarais came here the other day with Wells
y utimaturn, the story. got out that Hayes. had
v weakened and was going 20 wr1te o letter at
B. sHERMAN's DICTATfoN,
n upbraiding Nichols for so-calIed violation Of
spirit Of the ndsrstpndng a ST ta andeT Hb bs h
:, sent t to tGelr papers did not credit # how
and feeling the ya fdn IT Rg er Of n efp fbs
b. DEMocRAT. sought information e1 catheara
result was telegraPhed to y1d i p sngane ;f,
Bradsg Ba as YEA Easily % ~ that
Hayes was great torn ,bnaaa In Z s Jabn no shsr
It. sns and Wels had airegsd him though be pre-
tended to perfect no As Ior Ionp a
,ge there ' il nothing between him and psrdItlon
he except the thin screen Of such silence as Wells
d IN the nnf'f de ty and aud effeeIvshess With which
Gse bendhods1 as BE e Il 70 on
play into The tricks Of the other by dragging tn
President an alianes with ths money M powe,
MT anenees which are likely TO ensue upon conyc
- ,h1 tion Of or confession by the Returning Board
AA0'' VACCINATIONS OF SHERMAN
ho have been carefully watched by, the silver me
'ie In the Senate and House. and the result is
,ts Ing disposifion 70 make him share the odium |
~. Lts which John Sherman ID held. and whic
s9aps e as feroG i y 4 Be- H4yss nysspy yge g
sumed On al hands that he has yielded to tn
nd dctation Of sherman and after that Mill o con
pumber Of men q both paftthles nthey ,aa aa
Ar hss fnew e a h for
'N- baseness and despise him for his marrow, SO
greed bis n og oqnbbfg be mn beea s
81 Anderson should be crqcilied r., hat John = she
Vation st NM may Be quite agreeable to John she
o. % man, but it il uncomfortabEe for his mserab
% % tools who are being subjected to vicarious sa
81 "A Ali these facts and contingencies opera
powerfully upon ths mind of NJ ~ h5ages a5
q, my theory Is that when the silver bill fs pr
90 90 scented to him Mr.. Hayes will GO right on with =
= 81 incertitude which has distinguished him tn
"a far listening to all the arguments Of each sid
: 54 and after ali. quietly allow, the constitution
48 ten days to pass without action. he would ye
: AZ the 4124 grain dollar II he thought .Congre
would either pass It over his veto OH. or seyatd asa Il
.oz9 the present valuation Of silver. But his appr
een tensions that veto might provoke reprisal
,eek anotper ana iar more I shsaee or ~ liz Head
tne Z, gether with the certain prospect that suen
ol' prisal would be successful, will BE- very like
ing to produce the course OF action that have nc
Gated. NV impression is that the silver bill W
become law without the signature Of the Prt
ident, and that John Sherman will not Ilong
main in the Cabinet thereafter. a. Z. q
yard -e %
ion, r,.a u.su,, of r,temnernuce.
I in Ats O'Clock Sunday evening man nam
feit- Frank residing at the corner OF IRENE