Evening star. [volume] (Washington, D.C.) 1854-1972, 1878-10-15
What Senator Mcdonald Saws.

HIS VIEWS on THE FALL ELECTIONS THE FINAN-
CIAL ISSUE, THE PRESIDENTIAL CAMPAIGN, THE
CYFHEH DISPATCHES. ETC.
Senator Mcdonald, of Indiana lay on a sofa
at his headquarters on 1lth street yesterday
afternoon when STAR reporter called on him.
He has cut of the little fringe OF whiSkerS that
used to run around under his chin. 81 knew
very little," he said to the reporter, "abOut the
canvass In Ohio preceding the late election,
therefore cannot state with positiveneSs what
the result means. l do not, however think that
1t indicates any particular loss to the demo-
cratic party.
Star:-HOw about Indiana?
HcD.:-The election demonstrated clearly
what we had claimed previously, that India ma
is democratic state, and can be safely reck-
oned so In all political calculations. The large
from the republican than from the democratic
party.
Stor:-Do you think the result of the elections
finance?
NcD.:-I do not regard the elections as killing
that idea exactly. 1t will die out as the times
improve and finally pass away.
THE COMING CONTESTS.
Star:-Are the prospects of your party in the
remaining fall elections good?
about that. There is not the slightest founda-
tiOn for republican to hope that his party Will
control the next House.
Star:-WIllyou elect the next President?
Nc. Dive have every prospect of doing so.
We are now in better position than we held at
the last Presidential election. and then we
elected our candidate. The democratic will be
the dominant party in 1Ss1 In the executive as
well as the legislative branch OF the govern
ernment.
THE FINANCIAL ISSUE.
Stdr:-D0 you think the financial question will
enter into the Presidential campaign?
UcD:-No, do not. That issle viii gradually
drop out of politics. Before the Presidential
campaign is fairly opened the financial question
EFF
StGr:-What do you mean by virtually settled
Itself, Senator?
web Now that the silver dollar has been re-
stored TO its former place in our currency. the
resumption Oh specie payments will not cause
the shock that many supposed it would. We
may look FOR next spring TO open fair degree
OF Improvement ill the commerce and business
CT the country.
Sta,:-There will, then, be no attempt at the
next session TO repeal the resumption act?
HcD.:-There may be an attempt made to re-
peal it. l have no idea, however, that it will bo
repealed The House should pass the bill passed
by the Senate TO provide for receiving legal
tender notes for four per cent. bonds. The bill
making legal tender notes receivable for Gus
toms duties should also pass Then, with silver
coin as well as gold coin to redeem in, there
cant be any great run on the Treasury. Legal
tender notes will be OF equal value with gold.
and there will be little inclination to present
them for redemption. Again, law passed at
the last session prevents the retirement of the
greenback currency. These causes will give
our currency reasonable degree of stability,
and the resumption of specie payments will not
be followed 10y the evils which many think it
will.
THE CYPHER DISPATCHES
StdF:-Iaye You paid much attention to the
cypher telegramS published by the Tribuaee
HcD.:-No, have not. / have simply glanced
over them.
HaT:-What do you think of them?
HcD.:-I do not think they will have any eff
feet on the fortunes OF the democratic party
They may hurt Mr.. Tilden unless he explains
them satisfactorily. The question, however is
not who tried to buy the Presidency but for
which party were the majority of the votes cast
in the Presidential election. There are no two
minds i'll this country on that point, that the
democrats carried that election
haI:-Wtll the nationals -greenback element
hold the balance OF power in the next House!
HrD.:-They will not. The democrats are 90
ing to hold that body by a good working ma
]Orty.