The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-10-13
PRESS OPINIONS.

A freedom and dignity pervaded the
proceedings of the body, which were the
first fruits of the changed condition of al |
fairs, In the manner of transacting its
business, the convention was model one.
The majority had definite purpose aud
carried 1t out, fully disestablishing the |
"machine" wherever it could be reached. !
The machinery of tho republican organiza-
ton oithe Empire state is now in the hands
of the SO in whom the masses have full con |
fidcnce, with, perhaps, the bare exception of
New York city, and there reorganization is
to take place. This is an enormous gain,
as it removes all obstacles to n free express
sion of the best republican sentiment. What
that is under the stress of recent events, |
may be inferred from the speech of Hon G.
NJ. Depew, the president of the convention.
A large part of his address was devoted to
civil REFORM Boston Transcript
The truth is that the recent events have
tended in no small degree TO impress upon
the minds ofrcpublicans realizing sense of
the necessity that a spirit Of unity shall
prevail in their counscls, regardless of per
Sonal preferences and prejudiCcs, This
view of the matter had evidently taken fast
hold upon the intelligence Of majority Of
those to whom was assigned the general
direction Of affairs and it was carried out
with admirable spirit 1t was felt, also,
that respect for the memory of the dead
and due regard TO the welfare of the living
required u setting aside ofpctty considcra-
tons upon which Discussions might be
based. Had President Garfield lived he
would have been well pleased with thc re-
suit. President Arthur has reason for graft
llcalOn III the prospect that his admins
'tration will not be embarrassed by exhaust
ing fractional disputes among those to
whom he has right to look for efficient
support; and to his moderation and sound
advice may be attributed in great degree
the happy issue rcachcd,-[Troy Times.
There was evidently some strong infu-
encc brought to bear upon the
delegates at the last moment in the in
terests of cancellation and unity, and il is
not surprising that the source of this pres
sure is very generally ascribcd to President
Arthur. 1t is the Judgment of those who
have been most intimately acquainted with
the new president that, since Lincoln, there
has been no occupant of the executive chair
endowed in 80 high degree with the iu-
valuable faculty of managing men--using
that phrase in its higher sense Of alaying
individual animositicS and neutraliEing hos
tile personalities, of this art of managing
men Lincoln was admittedly Il master. His
cabinet realized the "happy family idea of
politics in which the intense riyalrios of
Chase and Seward were both blended in the
common service of the country -fBoston
Traveller.
II is not difficult to trace the influence of
President Arthur in the proceedings ycstcr-
day in the New York republican conven.
hon' The opponents of Mr.. Conkling had
q majority large enough to enable them TO
do as they pleased, but they used their
power discrectly. Mr.. Conkling was not
present and his adherents wisely refraned
IRON doing anything to inCite the majority
To break their resolution to preserve har.
mony, The anti-Conkling men presented
and nominated good candidates and the
convention, in the resolutions gave
strong endorsement to President Arthur.
The general movement was toward re.
moval Of the bitterness which has existed
among the factions and toward reunion
under the one banner OF rcpublicanism. 1t
~ well known that this is what the presi-
dent desired, The result showed that his
wishes received respectful attention from
both sides, and we may now hope that the
work of reconciliation will be completed so
that the party can present u solid front to
us democratic opponent.-lPhiladelphia
Bulletin.
Senator, Malone in addressing the
Union League, of New York, ON
Tuesday evening, was actually
so bold and uscrupulous as to en-.
deayor to make his hearers believe that the
$1,000, 900 which his plan for rcndiustinr
the Virginia debt ignores in the total OF
$WOWOOl Is the one-third allotted TO
West Virginia, whereas that third was al
ready deducted from the original debt of
hoWu,Vh, before tho conference was held
WIN the creditors, which, resulted in fixing
the principal in the neighborhood of $40.
WoOoO, Such a subtorfugc is eminently
worthy OF the champion repudiationist Of
the period. Truth MS well as debt, can be
repud,ated where necessary. -TNorth
American, Philadelphia
There Is in the record of tho
business failures of the last nine
months g suggestion Of the financial crash
which will be duo in 1884, ten years from
the great panic of 1873, but which may
come many months sooner. There were
i,llomore fixtures In the United States dur.
ing the first Ainc months of 1891 than dur.
ing the same months Of 1880, the whole
number this year being 1857 The aggregate
assets OF, the falling firms are 81 10000
greater than last year, being 80, 500. 5l3.
Undoubtedly the increase of failures Is the
result OF Increased recklessncss in spccula.
ton, The country Is exceedingly prosper.
Gus, but many venturosomc business men
have gone beyond their depth and found II
impossible to regain their footing Tho
heads OF nearly 1900 more business men
VIII probably descend beneath the surface
ofthc financial sea before the end of the
year 1881, and failures will be likely TO In.
crease until some great financial movement
disturhs the equilibrium of multitude of
firms which have departed from the strict
methods of legitimate trade to engage In
speculation, and then a panic will come and
the oorpses of the deiunct will he strcwn
over the country like the snowllnkos of the
hrst storm OF winter, Wise men can dc.
tect IN thousand ways the approach Of
financial gale, and there is vet time for the
prudent to prepare forit,--tNew York Mail
New York sun; Senator I,apham ns.
sumes to he very angry ut the report that
no Is 70 resign his scat and accept from
President Arthur judgcshipor foreign
mission, or even cabinet place, in order
that the governor may appoint Conklinp
rs senator In his place. But very many
persons here believe the story, chiefly for
inc reason that President Arthur has NOT
upon the iioor of the senate a single orator
VINO rs competent TO make fight In open
orexecutive session. while there are se,.
t4tru H..