Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1878-04-22

4
early resumption of specie payment, has sue
cessfully placed the l-2 per cent bonds upon the
market to the amount Of $50, 900 600 with the
banks alone. At the end of this month, the gold
IN the vaults Of the Treasury will very nearly APP
proVimste $1,000 600 which, with the $50 000,-
600 to draw on at any time from the sub Treasur-
les will in his opinion be fully sufficient to war
rant resumption at the time specified bv the Re-
sumption act. This action on the part of the Sc
Rotary has taken the abti-iesumptonists cons ider-
ably by surprise, and makes their attempts at re-
pealing the act absurd if not ludicrous. For
where Is the use of applying supposed remedy
TO person who is already cured And besides
it would appear by any such attempted action
that the animus was a mere act of spite, or else
attempt to disturb tue financial marGet VIII ch,
certainly, has been Sufficiently disturbed in the
past. Thus the ant-Resumpuonists are in a
quandary, and really in a ludlcrous position IN
view OF their heretofore loud protests. fattering
promises and threatened acjon. Another excel
lent result of Shermsns prompt action is, that 1t
tends naturally to prevent the influx of our bonds
from Europe, which heretofore, mas caused a
siderable Drain of specie nom the sub.rea,ury
vaults those OF the banks in Wall street ami
elsewhere
PREPARING FOR THE BATTLE.
The reorganization of the Republican Congress
sions committee, and with harmonious action con-
nected herewith, has caused the warehouses OF
the untoited, III Congress. to follow suit and hold
democratic caucus in the Senate chamber.
These Congressional committees will !naugur-
ate the coming Congressional campaign by each
addressing their constituencies and bringing out
the plan OF action. The democratic committee
will evidently reiterate the fraud bugbear, tue
Reform question, prAte about republican eAtrava-
gance aud attempt To lay the financial and labor
distress upon the backs of their Opponents.
This is all very fine; but with two years OF leg
,lalion IN their hands, have they bettered any of
these troubles Have the fual cial and CONNER
cIsl communities any reason to thank them for
any direct acuon towards the Improvement OF
these interests; Have The abotins classes eNpe-
uenced any beneficial results from their leA isla-
tiOn-on the contrary have not tue laboring III
teresI, been contracted aud injured by their
row minded policies Have ali the eNuAvagunt
appropriations ior useless investigations gone
towards eurIchng he pOori Has evil service
form, 50 long preached by them, been improved
uniet their management oi Offices in the House
OIL representatives Let tue people jpdse and
swer at the November elections.
NEWSPAPER FAILURE.
The ~ 4tioual Uuon," supposed TO be started
BY John Is nch oi our STATE, lot tue pu.po.e OF
supporting tue po,igy Of tue flesdelt, ha, lailed
10 get sufficient sulPoltlof Useh anu Consequent
ly merged Itself iu,e the Post, tAe democratic
organ.
Thus ha. been proved the Old ada &c that he who
attempts to ride between Two horses Is likely to
get a t,rliole fall. The democrats failed to sup
port the paper because they had one of Their own
anu the larger-Iu fact nearly atl-of the repub
hcaus Ghost 10 support tue National Republ-
can, which, though no ADLER than the
Union, is an outspoktn republican sheet.
The PRESIDENT AND THE ELECTIONS.
1t is now autnontativey stated that the Presi-
dent will act in entire harmony with the repubh
eau party in it, efforts to carry jorty oil the
representative districts in the fall and that, while
he does not feel 1t incumbent upon himself to
send the order rel tive to OH :iais taking active
interest in elections, he will in no wise interfere
in any Efforts measures they may use which
will not Interfere with their official dates or com
promise their re lations 10 the Government or the
dignity Of their position. Ii | understand MN
Alright, there viii be restrictions other than up
on direct local OF magiselIal interference.
Executive COMMITTEE.
While there Is a WIDE difference of opinion rel
alive to the merits Of the Presidents policy, there
be but one opinion regarding the personal in
tegrity and kindliness Of the Executive. Who
ever approaches the Executive Mansion is sure to
be received in q cordial aud friendly manner.
spent on hour 50 OF evening last week
with his private secretary, Hon. W. X. Rogers
and found him OF the most genial, courteous
and obliging gentlemen ever had the opportu
nifty to meet. lie has unassumng but very
intellectual lady for wife, and very charming
little daughter not yet sixteen, but capable Of m
tertaiping persons tar older years. MIR. Rogers
was for many years the law partner Of Mr.. Hayes,
aud the two families bear the closest relations the
one towards the other. l am happy to be able to
give evidence OF this kIndllness aud cordially al
the White House. T.. D. Is.