The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1880-10-24

The following correspondence will ex-
plain itself:
HARRISBURG, October 16.-CoLonet Henry
Mccormack Knowing you TO be largely
| interested in the iron business, and at the
same time to favor the election OF General
| Hancock TO the presidency, infer that you
do not apprehend that any bad effects upon
the business interests OF the country will
result from the success OF the Democratic
arty. II so, would you be kind enough TO
state your reasons for your belief? BY so
doing you would oblige yours. respectfully,
B. F. MEYERS.
HARRISBURG, October Is, 1SS0.-B. +
IMevers, Esq. Dear Sir,-Yours OF 10Th
instant 10 received. You are right in your
inference that do not think business Inter-
ests will be in any way imperlled by the
election OF General Hancock. The efforts
to create panic in business circles are
mainly based upon alleged danger to indus
trial interests dependent more or less upon
the tariff.
Now, IL the presidential election has any
bearing at all upon the question, infinitely
prefer Hancock, born and bred in the valley
of the Schuylkil. amid mines and furnaces
IN a community where all parties are unit
on the tariff Question-and whose only pub
| lished utterances on the subject should be
entirely satisfactory to PennsylvanianS, to
Garfield--a member OF that famous free
trade club, "The Cobden," whose tariff
record was so odious to Pennsylvania
Republican members OF Congress that
thew bolted his nomination I'm caucus for
Speaker OF the House, and who is sup
| ported as a champion OF revenue reform
| BY the great iree-trade organs OF New York
and Chicago. But we are referred to party
pa,forms-they are only traps "set to catch
gudgeoDs they are only framed TO be
misunderstood. When has the dominant
party regarded them in legislation! For
example, may here refer to highly
polished plank that has served in more than
one Republican national platform-l mean
that OF Civil.Seryice Reform" so much
preached and so little practiced by the par
| ty. But the real power OF regulating the
tariff devolyes upon Congress. The present
Congress il Democratic in both branches,
and wby has not the threatened ruin already
paralyzed our industries II the country
can survive and thrive under a Democratic
Congress two years, why not longer? A
| presidential veto has no power to prevent
the passage OF any measure through Con-
gress, and we have Il right TO suppose that
| il the Democratic party as such united upon
any modification OF the tariff they would
have adopted one. But the fact IL, 1t Is
generally onceded-except for campaign
Durposes--that the tariff is no longer a
party question, and it is almost sure during
The present Congress TO be submitted
TO the hands OF commission OF experts
for the preparation Of measure that
will be Just TO all interests. This VIII be
done by common consent Of men OF all par
ties-after election. For the above reasons
have 10 fear that Democratic success in
November need disturb the equanimlty OF
the most ardent protectionist. Again, the
Republican party pretend to claim credit
for the present general prosperity OF the
country. Is not the legislative branch OF
the Government DemocraticI Surely 1t is
more powerful for good or i'll to the public
credit and welfare than the executive de-
partment, and it is in great measure re-
sponslbe for improved credit aud enforced
economy.
The Republican Administration deserve;
no credit for resumption OF specie-pay-
ments. 1t was merely done in obedience to
q law passed years before, and against the
protest OF the NEST powerful wing OF the
party. A happy conjunction Of accidents
lover which party would scarcely claim
control rendered resumption success, and
has thus far enabled us to continue them.
Foreign war wasting the grain-felds OF
Europe, our bountiful crops and improve
ments in transportation have brought gold
here in abundance, and made ii easy FOR US
TO pay in specie.
Knowing we'll the conservative character
and tendencies OF General Hancock, feel
confident that the interests OF labor, CAPT.
tai, and the whole ret1nited States would be
subserved by his election to the presidency.
Yours, respectfully,
HENRY MCCORMICK.