The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-04-01

Senatorial Managers.
senator WALLACE Of Pennsylvania is re-
gardcd al Washington as the most skilful
Of the managers WHO are now working in
the interest Of GOULD and HuNTlNoroN 10
carry the bill reported from the Railroad
Committee for their benefit. lie * anadroit
politician and n shrewd wircpullcr, with
great fertility of resources and plausible
speech to enforce the cause which he sup
ports. Ili- experience with the Treasury
Ring in Pennsylvania. and his well-known
connection with the CAMERON clan, qualify
him particularly for the service in which he
f. now engaged.
Mr.. WALLACE is the standing Chairman Of
the Democratic caucus in the Senate. In
that capacity, he appoints the political COM
mittcoS. and exercises a good deal Of power
over the party organization and machinery.
He knows how to utilize all the opportuni-
ties which sucn Il position confcrs, and will
not fail to make them suhscrvicnt to the
railroad Ring, Of which ne may be fairly
considered the principal prop on the Demo
cratic side.
With Mr.. HARNUM at the head Of the Ma
tionul Committee and Mr.. WALLACE n
not precisely in the best position to preach
reform loudly. Thcy both belong to the very
school Of politic, which their party most
Processes to condemn, and they both practise
the corrupt methods OF their adNcrsarics.
which the Democratic platforms habitually
dcuouncc with the most vehement adjcctiVcs.
The spectacle of WALLACE and BAHSUM,
as managers for GoULp and fIUNnNGroN,
in Oh" larg'-t job which has been pressed
before Congress ia "a decade, il not cdifying
i'm tho-c days Of reform. iut it is entirely
consistent with their character and train
ing. These corporations can well afford 10
pay several millions down 10 pass tine MAT
ruIw- hill. and, Judging from their past ca-
rcor. thev Will not allow any want Of money
to prevent complete success. his is we'll
understood inside and outside OF Congress,
ard patriots WHO do the legislation will
guido themselves accordingly.
senator McDoSALD condci -cd the sub
stancroi tine -chcmc propo~"dby MATTHEWS
for the Ring In short exposition. which the
public will easily understand lie said
"ItIowtd y,usioun. secured b, bond aud nort'a.e.
amt -lNull sav tsyou The security yun have b, uNt
r"od, 1t wlA not Nc worth tnr m"n.y when At becomes
dur 1000 dcr,lus IAlse nicotine, f.nal tAe muri-n-t
lrDtriy lHt shat want to keep Ivan ~ .Igr Nnu
Thousand dollars. mud you keen il and charge yourself
WITH compound int, e.t oii II uil t amounts to $1,000
and u.en you would have your payment
mother words those corporations will have
to pay the principal and accumulated inter
est in 1919, or twenty-five years hence. They
propose 10 pay one million year each in
scmi-annual instalncnts, and to compound
the interest ON those payments at six per
cent, so that in 1890 they would have credit
OF si7H7,35s in interest, on $4,000 actually
paid in. This is certainly yam expeditions way
of distinguishing debts at small cost, and it is
worthy of the genius Of the Railroad Ring,
and of the support Of Ring senators.
REUBEN f. FENToN for Collector of New
York Well. it would be easy for HAYES to
nominate him. but about his confirmation some
doubts might arise.
This is April first, and we present to JAY
GouLD's young editor the compliments OF the
season.
OLEARY has another challenge on his
hands alrcady-a poor man OF this city. lccllng
confident that he can beat the champions time.
and having inspired like confidence in "A
hacker, whose money is ready whenever
O'LEARa's is.
San Francisco letter furnishes the cX-
PLANTATION OF Mr.. SnARoN's protracted absence
from the Senate Chamber. He has more press
ing business ON hand Just now than saving the
Republican party. namely. the engineering
through the California Legislature of n job that
has fifteen millions in it. Mr., SHARON is n bust
ness man first, and patriot aiterward.
These are trying days for the young
Duchess of EDINBURGH. Her mother-in-law is
getting ready to 20 To war with her papa. and it
is quite within the chances that her husbands
ship may presently be blown up by one of
papas torpedoes. As the Duchess is an ardent
Russian. and fairly idolizos the Car, her posi-
ton lust now IL anything but an envable one.
Tennessee should look well before sho
leaps into the black gulf of reputation. Tho
most ruinourly costly investment State can
make is an investment in dishonor
If the Democratic members Of the House
| Of Representatives desire to celebrate the day
appropriately, let them whitewash their Demo-
cratic Doorkecper, the guileless Mr.. POLK.
That would he about ms successful piece OF
! April-loolishnoss as the circumstances permit,
So Brother Il. $. GRANT, eX-trustoc Of the
| metropolitan Methodist Church, Washington,
has called at the Vatican and paid his respects
| to LEO KILL pont. Max. As the new Pope is
| winning in his manners, ii is probable that
J Brother GRANT enjoyed the call especially as