The Portland daily press., 1879-09-09
NEW YORK. Sent. 6. 1!

OF the RoSulC-Ine NOMINATION. VI NIL
Cornell.
New YORK, Sept. 6, 1879.
1 feel such degree of confidence that Maine
will resume her natural position as the leader
in the column of Republican States when the
election is over that l am forced to send you
congratulating despatch in anticipation OF the
joyful event.j Isuppose the sons OF Maine, who
reside out of the State, felt more acutely the
shame that fell upon their native common
wealth last Fall than its resident citizens did
We have been accustomed so long to boast of
the superior intelligence of the people there,
to hold them up as superb examples of what
self-governing community should be, and to
point with justifiable pride to the soundness of
the political opinions which find voice there
through the ballot-box at an early period of
each recurring year, exerting salutary influ-
ence in other quarters where light is not so
prevalent, that it is very humiliating to find a
third of the voters carried away by one of the
widest decisions that ever gained temporary
sway over the minds of human beings. 1t is a
thing that cannot be accounted for. 1t is as
strange, though not fraught with such tragic
sequel, as the madness which seized upon the
sect at Cohasset, where a man and woman
were wrought up to such pitch of frenzy that
they seemed really to have thought they were
doing God service by the cold-blooded murder
of an innocent child, and great many of their
neighbors smiled approvingly upon the ghast-
ly deed
But after all, the history OF pretty much cv-
cry lapse from the standard of values which
the wisdom of the ages has shown to be the on
ly true one, is replete with examples of popu-
lar resistance to return to the right path.
Men are never ready to enter upon the practice
of self denial and discipline They are always
inclined to avail themselves of any pretext for
securing delay. Greenbackism is nothing more
than feeble protest against pressing forward
the work of regeneration, because the prosecu-
ton of it involves so many hardships. Common
sense suggests the expediency of getting along
with the renovation and having done with it,
but people are not always sensible when they
are called upon to bear present hardship for
the achievement of future good
Happily the forces of nature have been
strong enough to withstand all efforts to i'm
pede their march, and while theorists and WIS.,
ionaries have been neglecting all useful occu-
pations, and wasting all their time in endeay-
oring to demonstrate that return to the spe-
Gle basis which is the only foundation upon
which the financial system can rest securely,
was an impossibility; the thing itself has been
successfully, triumphantly accomplished. 1t
might reasonably be supposed that the false
prophets would beat a retreat after their postu-
lates and predictions had come to naught. But
they are not so easily disconnected as that
comes to, and they appear disposed to beat the
air as long as there is breath in their bodies
Of course they are laying up for themselves an
abundant and early crop of ridicule and con-
tempt. I hope they will reap enough of it this
Fall to efface their memory even from our po-
ltical system. 1t is not pleasant spectacle to
put before the worlds eye, of multitudes OF
people as crazy about so practical matter OF
currency as John Law and his followers were
more than a century and half ago. 1t is only
a question of time, at BEST when this particular
form of lunacy will fade away entirely, but for
he credit of the American name, it is to be
hoped the suspicious day Of relief is near at
hand.
1t is curious to note how completely all the'dis-
NAL forebodings of the softmoney screechers
facts They said we couldn't resume. The event
proved that resumption was a matter of per-
feet ease. They SAID there would be a gradual
drain of gold out of the Treasury that would
compel an early suspension if the experiment
of specie redemption were undertaken. We
have had eight months experience, and the re
serve has been increasing all the while. The
national Golfers are over burdened WITH goa
and it is flowing in continually from foreign
lands. At the present rate OF increase the
stock will be doubled within eighteen months
from the day when the par standard was
adopted. The balance of trade is in our favor;
great as it has been annually for the past three
years, it will during the current fiscal year
largely exceed any previous aggregate. The
excess of exports over imports must be pretty
much all paid in coin. There are only very
few of our bonds held abroad, and those that
do still remain there are not likely to be sent
back for they are the best security i'll existence.
We are absolutely free from the apprehension
of a drain from any quarter for any purpose
upon our stock of the precious metals, danger
that has hitherto been a disturbing element i'll
our monetary calculations. The country
Mt large is more prosperous than it ever
was before. Every branch OF industry
is thriving There is work for everybody to do
and there are fair wages to be got. 1t cannot
be great while, therefore, before intelligent
people will tnrn away at first with impatience
and finally with disgust from the noisy charla-
tans who are wasting valuable time in going
about and trying to persuade their fellow citi-
zens that they are hard-worked, i'll paid, and
badly abused community. When that nui-
sanoe is eliminated from our politics, the last
obstacle to grand career of success will have
been removed
Our Republican State Convention at its
meeting on the Sd inst. selected Mr.. y. b.
Cornell to head the ticket as candidate for
Governor This choice must be taken as evil
dence that our metropolitan journals are not
held in much consideration in political circles
Not newspaper in the city supported MI
Cornell; several opposed his nomination earn
estly and some vrulently. They did not
however adduce any good reasons why they
were against him; probably they had none
The chief point they made was that he was
tho machine candidate, that being the slang
term which highly elegant and strongly per-