The Plymouth Republican. (Plymouth, Ind.) 1878-1901, 1879-07-31
Washington Letter.
WASHINGTON, July %, /


The merit OF Republican dnancier-
ing was never more clearly demon
strated than in :he non partisan re-
ception OF Secretary Sherman In Bos-
ton the other day, Democrats We'd
with Republicans in doing honor to
him, and the Greenbackers must have
been shamcd by the encomiums
passed upon the champion OF resump
tion by eminent political associates
OF Thurman and Hendricks. The
speech OF the Democratic Mayor OF
Boston In view OF the awkward posi-
ton OF his party on the financial
question was most significant. He
frankly gave to the Secretary credit
OF largely contributing by his wise
councils and skillful manage ment, to
the Improvement OF our various In.
dustries which is everywh re beccm
ing apparent. I'VE have great rea.
son to believe" he said, that this
prosperity Is likely to be enduring,
for we have now returned to those
sound and Just principles OF finance
which should govern and guide our
commercs in the future. basing our
hopes upon the only solid and sure
foundation upon which business can
be successfully carried on-upon that
currency which Is alone regarded by
the commercial world as sterling, a
currency which Is convertible, upon
demand, into coin" At the same re-
ception were thirty Bank Presidents,
Democratic and Republican, who had
taken active part In the work OF re-
sumption and refunding. 40 grandly
carried out by the Secretary. This
fact gives color to the report that the
Secretary will favor the American
Bankers Association with his pres
ence at their Convention In Saratoga
on the CT OF August, aud, give them
q ohCtSh Vi ito nudnciot WOih Us wei
as his views on the future policy TO
be pursued. or course his speech at
Saratoga, IL he makes one, would di'-
fer from his grand effort In Portland,
which Is pronounced one OF the best
political speeches OF the year, but IL
will be no less emphatic la its denun-
citation OF the Greenback communists.
and in vindication OF the policy which,
with the aid of the fnanciers he will
address, has revived business and
improved the public credit.
Ex-Congressman Haralsop. OF Ala,
has been here and was interviewed as
usual with everybody nowadays
He says 1t is mistake to suppose
that the whole Republican sentiment
OF the South Is for Gen. Grant for
President in 1880. Messrs. Blaine.
Window, Conkling and Sherman have
many friends, and he thinks Blaine
leads the list In Alabama. lie also
declares that the negro exodus has
hardly begun yet, and predicts that
IL will start anew this fall with a
wholesale sweep not dreamed Of. He
says that no less than 1s.00O blacks
will leave the first district OF Ala
bama alone. While they are eager
to go away. they would remain at
home could they be sure Of fair treat
ment.
The Greenback. Democrats are
frantic over the outlook. The i'm
proving condition OF commercial az
fairs gives them no hope of appealing
to the classes who are usually ready
10 join the soreheads when things are
tending backward. The news from
all quarters is discouraging to them.
Ewing comes here from Ohio to get
comfort, and has to satisfy himself
with empty Boosting about his own
hopeless cause. The better part OF
the men who went off last year, in
Maine are disappointed in the failure
OF Greenback predictions, and have
lost faith in the party which has fed
them on empty promises. The skies
are brighter for the Republicans all