Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1881-09-29

luucpCUuCuCC VI CuC OHlICu SIotCo GllO ohS
hundred and sixth.
[Signed] CHESTER A. ARTHUR.
By the President
JAMES G.. BLAINE,
Secretary of State.
WILL THE NEW ADMINISTRATION BE
CONSERVATIVES!
JAY GoULD's VIEWS.
To World reporter who asked Mr. Gould
what the probable effect Of the Presidents
death on the stock markets and on business
in general would be, Mr. Gould replied {:
"The effect of the sad news on the markets
has been to steady them. The worst is over,
and business will boom. The shock of this
event has been discounted long ago. While
the President was hanging between life and
death the uncertainty Of the sick room pro-
duced uncertainty through the country and
things Oh the Stock Exchange and in bust
ness circles were subject 10 fluctuations. Of
course great many stocks were sold out in
the expectation that there would be drop
at the Presidents death and that these stocks
could be bought back cheaper. The result is
that there are large orders to buy from inves
tors and very few stocks offered"
"How do you regard General Arlhur's &C
cession to the PresidencyY
al accept it, as the country will accept it,
in good faith. There will be general con.
6dence felt in Gen. Arthur. A strong belief
is even now abroad that his policy will be a
conservative one and in harmony with the
business interests of the Nation"
"What is the present feeling in business
centres ?"
"Very buoyant."
"And the spectators ?"
"Oh, they need not be counted. They
will swim with the tide"
Mr. Gould then turned to Mr.. Sage and
asked whether his idea of the State of public
feeling at present was not correct. MIR. Sage
said he thought there would he Il general re-
sloration of business prosperity from this time
henceforth, and that President Arthur was
better qualified for the office than when the
late President was shot. Then the people
were heated with party strife and General
Arthur was not so we'll understood. Now
every doubtful feeling has been removed
DO the other large cities of the Union
share in the general confidence felt hy New
York." asked the reporter of Mr.. Gould.
"New York gives the cue" Mr.. Gould re-
replied, "and from here to San Francisco
there will be found the same buoyaucy in
business and speculative circles"
SENATOR HILL, OF GEORGIA.
To the question, by reporter, to Senator
Hill, of Georgia, who is now in Philadelphia,
"Do you anticipate any disturbance, either
business or political, from General Gar6eld's
death ? the Senator replied:
"None whatever. believe General Ar
thur to be much broader man than he has
credit for being. My association with him in
the Senate during the short time we were
there gives me reason to believe that there
may he a wise and conservative administra-
tion from him. have never shared in the
opinion that the factional bitterness within
the party during the past few years, will be
renewed or popularized by the new Admins
tration." "Will he not be influenced more
or less by ex-senator Conkling?" 81 believe
that whatever influence Mr.. Conkling exerts
upon General Arthur will be for the good Of
the country. venture the assertion that
there is no man in this land who will have
keener appreciation of the necessities Of the
immediate present and future than Mr.. Conk-
ling I do not share in the sentiment that
constantly assails him."
"Who will likely succeed General Arthur
as presiding officer Of the senate?"
"That / cannot say. I think there is q
general indispositiop to electing Southern
man, although do not see why that should
be so. My judgment is that it will be either
Mr.. Harris or Senator Bayard. The general
disposition is, however, to elect Northern
man."
II understand, then, that you look for har-
monious action at the meeting of the Senate,
and expect no radical change by General Ar
thur in the present policy" Il certainly do
not expect anything but harmonious action at
the meeting of the Senate"
SENATOR HAMPTON.
In response to note from the editor of the
Menus and Courier, Senator Hampton makes
the following reply:
In reply to your question as to the proba-
BILE effect of the Presidents death on the
South and on the Democratic party, no an.
swer except conectural one can be given.
While his death will be regarded as a
great calamity by the whole country, it need
not, in my opinion, necessarily bring about
any disastrous or revolutionary results. Mr..
Arthur, who succeeds Mr.. Garfield, will, |
think, follow conservative course, not only
from his own convictions, but because public
opinion will demand this Of him. Should he
do this, I do not see why there should be any
shock to the business interests of the country,
and have strong hopes that everything will
move on smoothly. In this event no harm
can come to the South The conduct of the
people of that section since the assassination
of the President has shown the most sincere
sympathy with the distinguished sufferer,
and l am sure that profound regret at his
untimely death will be expressed universally
by them. This of itself should disarm Sec
tional animosity, and the man or the party
who would seek to revive this for political
ends would incur and deserve the prompt
condemnation of the whole country.
AS to the effect of Mr.. Garfeld's death
upon the Democratic party, future events can
alone determine what this may be-. can:
not see that any injury can thus be inflicted
on our party, and much as desire its success,
I should feel that it was dearly bought by
this great National calamity Let US hope
for the best, and let all parties exercise mutu.
al forbearance. As member of the Senate, l
propose to treat President Arthur precisely
as I treated President Garfield, sustaining
his Administration in all measures that meet
my approval, and opposing those that do not.
But in no event shall oppose him in par,
tisau or faclious manner.