Ashtabula telegraph. (Ashtabula, Ohio) 1874-1880, 1878-03-08

THE VEro.-The full text of the PreSi-
dents message will be found in this pa
per, which is commended to the attention
Of our readers, not only with a hearty ap-
proval of the grounds gwen as the basis Of
the Presidents action, but with much
pleasure and pride over the reasoning
of the document, and the manliness and
honor which dictate thst reasoning. That
it should pass over the veto, by so large
a vote in its favor-196 to 73 in the
House, and 46 to 10 in the Senate
seems indeed, to be heading against a
strong current, but when the current sets
against national credit and honor, its
force is lost, and the voice that questions
the propriety of the Presidents course,
becomes indisuble and respect for the
Independence of that officer is only sd-
vanced in the ratio of the numerical
strength he is willing to meet with the
convictions of an honest performance of
duty.
The course taken was the only one
consistent with the grounds of his mes
sage-the only one consistent with the
faith and integrity of the government, at
which the bill aimed its heaviest blow.
There is but slim show of regard for
justice in any scheme which requires
creditor by legal enactment to accept of
90cts. worth of silver, for one dollars
indebtedness. However well guarded for
the present, such a scheme may be
against mischief, there are too many
contingencies likely to arise, from the
fluctuations of values incident on the ac-
ton Of other governments, to warrant
careful and honest public servant from
the approval of such q bill. The Prssi-
dent has done well to Withhold the sppro-
val, and thus prove to the world that the
American people, speaking through their
chosen Chief Magistrate, are still aYerss to
any gislation which tends to violate
their contracts or tarnish their good name.
Beside this, there is reason to fear ulteri-
or designs, and more extreme measures, to
follow this first throe in the spawning of
evil. The majority Of our national legis-
lators look beyond this measure, there is
good reason to fear, to others that shall
still more effectually secure a redundan-
cy of cheap money. The next step will
probably be the repeal of the resump-
ton act for which, it is said. bills have
already been purposed, and also to in
crease the circulation of greenbacks. The
retirement of national bank notes, has
been an avowed doctrine, of the now
dominant party in Congress, and there is
no reason to suppose, that it has been
forgotten. If this shall follow in the wake
Of this silver bill-a part of the brood and
bullion certificates and greenbacks shall
be made receivable for customs, then
will have dawned upon us the consum-
nation of scheme, having for its OBJ
ject substitute for gold, and driving it
from circulation, leaving US without
standardtor the measurement of values,
such as are recognized by other nations.
The President has opposed, with what
power he has left, with Congress, the
first of the probable brood of evils, of
which we have had so many hints, but he
is powsrless to stay the tide against it, and
all there is left at present to do, is for all
good and true men to stand by him, and
give him their hearty support.