The daily gazette., 1879-12-11
From the N. Y. Hesald.
Republican Opposition to the hay
o. q kesOlu0tOU.

. a RESOLUTION.
The meas from w ashington brings
hardly sleam Of hope that those re-
publicans who believe the lie; al tender
clause ought to be repealed will give any
efficient support to Senator Bayard's
resolution. President Hayes himself
shows such an absense Of zeal as makes
him appear like wooden guide post
which points out the way, but neither
walks IN II nor cares whether travellers
take the wron, road or the right one.
The President he's had another inter.
view with Representative Fort, and,
strange to relate, he admits that Mr..
Forts version OF the former in erview
was substantially correct. "The Presi-
dent as s.ured General Fort with great
cordiality that there was no essential
difference between their respective un-
derstandings Of the pu:poit Of that in
teIview ard he reiterated that although
he adhered to the financial recommend
ations OF his Message, was responsible
for them and still believes In them, he
would, nevertheless, not feel 10 the least
aggr,eved by General Forts continuing
TO press the resolution in ques ion, nor
by the republicans adopting it II the
party disagreed with him."
II is too painfully evident that the
President will be easily reconciled to the
opposition Of Congress 10 his recon-
meudations. He is like those BIZ ds that
drop their eggs in the sand and give
themselves no concern as to whether
they will ever be Matched. If they
should be broken or added ''its Of no
consequence" The President will be
as serene, happy and cordial if his ex-
cellent views rejected by his party
| as if they were edo aci. We may as
| well make up our minds TO cunt him,
for all practical purposes, among the in
different spectators. lie does not pre-
cisely ''look one way aud row another"
hut he heads his boat in the right direc-
| lion and will not row at all.
| This is not the only disconraging sign
at Washington. The advisory commit
tee of the Republican Senatorial caucus
held a consultation yesterday and de-
cided to recommend policy of inaction
On all questions affecting the currency,
whether gold, greenbacks or silver, dur
ing the present sessiou. Of the eig I
Senal ors present only one dissented, aud
is dissent related merely to the legal
tender quality Of the greenbacks. Mr.
Morrill,, as a majority Of one, desires
lrei lation on the legal tender notes
but Republican Senators will, doubt
iess, accept the decision of the almos,
unanimous caucus committee. Mr.
Blline, too, has been heard from. He
was interviewed a day or two since, and
said that he wouli be compelled 10 vot,
against Secretary Sherman's recommen
A. a I,nt 81 T.
stricken from the law. The Presldentt
want of 2 al is no doubt a cons quenc,
+ his perception Of the hopelessness o
trying to brin. the Republican party T.
D accept his recommendations.
+ Tie general plea is That the county
4 doing extremely well and that ii is un
, wise to disturb business bv iutroducin
any important chang's. But Secret al
sherman has demonstrated with peifcC
+ clea-ness that the repeal of the legs
, tendei clause would cause no disturb
. ance-not even ripple. The note
would remain in circulation becans
8 they would continue TO be just as goo
e as gold, being rcdeemable in gold at lh
y will Of the holders. The notes of
solvent government, exchangeable TO
com at pleasure, with great accuml
e lated reserve Of coin 10 make the proiI
t Use of redemption good, derive no SUI
a port or credit from legal tender fun,
tlon. They are just as safe as the gol
certificates of the government, which al
e not legal tender. Secretary Shcrma
], says that the banks would still be pc
;, mItted to pay Treasury notes, and thi
-. to emove any doubt Cong ess might pr,
IT tect them by suitable Legislation. VIII
J is the use OF making notes legal tend,
= when the government Is amply prepare
TO nav coin for all that al q offered ?