New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-01-03
a FOREIGN VIEW or AMtRICAN POLITICS.
IMPORTANCE OF REPUBLICAN SUCCESS IN 1880 TO
THE CREDIT AND PROSPERITY OF TIE UNITED
From TIE Vienna neus freie rresse O., Deoemter14.

THE CREDIT AND PROSPERITY OF TIE UNITED
STATES.
From The Vienna Nepe Ereie Presse Of December IL;
AS after Il heavy thunderstorm the black
clouds disappear in the United states the light begins
60 shine bun industry and politcS-twO things mat
found closely together III our times, and no"here
that under The long rule the Republican party aud
the double Presidential term OF General Grant some Sc
matters. Specie payments might Lave been resumed
years sooner If half the money used for the nnr
of bonds had been devoted to that purpose The
business community might thus nave been saved from
beg so long the prey of the CONSTITUENCIES Newiork
that prOhibitive system was adopted, which,
Tor severity ana tenacity; has never haa LIS
wllIin to correct errors when convinced oi
them TO thai party be ongs the great merit of having
the specie standard at the beginning Of the
pncv il Il never heless entitled TO the credit OF placing
the welfare Of the Union above all party aud private
interests. Fortunate II indeed that during the
present Presdennal term. when The Democratic party
obtained an ascedincy in many States and also In the
National Congress. Republican Pres stood at the
head of the Government 10 nterpuse MS veto la dec-
sive moments. and thus protect the country r0m being
turned into fatal mistakes. Partisan schemes and
lntrgues much more dangerous in Congress than
in the country Besides the infiaii0nists SILVER
party, or rather silver clique played an i'm
pOrtant role III that body. Their influence and efforts
were stimulated by private interest. The soul OF this
Clique the Silver Kings of Nevada-that Is 10 say.
tho owners OF the mines which during INC past zen ear
have produced enormous amounts OF precious metal and
would make millions If the price OF SILVER could be
raised These silver spectators hucceeueu i'll gelthg
such influence In Congress that tncy came WITHIN
breadth securing the adoption Of the double
standard aud would have succeeded they had mol been
greedy 10 place the new silver dollar far below ihe
silver dollar which had been shui ou OF ciFcnlo
aud abroad, thus wrecked upon the opposi
influence OF the Silver Clique was, however, so great
thn they persuaded the President 10 invite European
failed OF reaching the result they desired.
Another and much more dangerou: movement was
that the Democratic party take the protect on OF
the suffrage a. Congressional elections out OF the hands
OF the National authorities Had this movement sue
EarV MA B.
lowed. Already the Government mas great oheuity IN
protecting me 4r e yoer wa b NOR
and tcrrOIizei by Southern fanatics and tic ma
iorfty in Congress would be more ana side
OF the Democratic State Rights party. which seeks 10
weaken the National authority. Tue President wisely
vetoed the bil and fortunately there not the two
thirds majority necessary for overthrOwlng the veto
Although the most dangerous schemes OF the Demo
cratic party were destroyed by their own absurdy, or
by the nrmuess OF the President the United states
were, nevertheless in more peIous situation during
OF the civil war. This peril from the
prospect that the Democratic party which had obtained
control OF Congress and Of majority OF the sats Gov
ernments, w0ud succeed IN carrying IN" Congressional
elections aud Presidential eecuOn III 1880 In suogap
event the United States would have been menaced WITH
countless ntanglcmcnts.
Under tncse circumstances every real friend OF Amer
lea must feel relieved OF heavy ad OF ahciy ~ the
fact that the October and November Stale elections
the majority changed 10 the SIDE OF the Rcpubicans.
eyiable that u complete revolution taken place in
public opinion II 81 plain that majority Of the Ameri-
can people nave had enough oi the mhcniuiuohs OF
parties and cques which, through their control over
lcgsatOn seek their advantage an the resulting conu
sion. In all probability the ReluDl ian nominee VII!
carry OH the victory AT the next PresdfD-
tial election. Among the candidates named IA
General Grant, whom large portion OF the - 0ple want
10 make President fol- ,e third time but who scnsiby
holds back not wishing to endanger the consideration
i'm which he Ii row htd. After him come the Federal
Finance Minister Sherman and Senate Blaine. The
first has great Influence as an able hnncier ana me
second as fine orator. The course Of American politics
will not changed If either OF these three candidates
chosen. We may feel confident mat during the next
session Congress the rights OF the creditors Of he
United States viii not be endangered and that The I'M
portaBt revival which has Just taken place VIII
inaugurate era OF Industrial development which VIII
NOT L. " LtLnlIi Lenelnial Gfacla unnu IlIlnue.