The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-10-23
cNATIONAL CAPITAL.
w -Ff J{ l'tiF H.Hl
JUDGE FoLoER's POSITION DEFINED
hs VIII sot .RsalEa uslsM Elected uovsruor Q
New foti-rhs Effect OF n.notratlc Succ. Is \
& IL 0hls on tie New York Campaign aad
x nuilntss--A Shrihkavs In Values, q y

WASHINGTON, October 2l.-Thc name Of
MIR. New Is no longer mentioned In con.
nection with tho secrelaryshlp Of the
Treasury, md speculation in regard to
Judge Folger's resignation las ceased. For
these results there arc excellent reasons.
II Judge Folger WIS assured Of lis election
as Governor Of New Yors, he would not re.
sign until the necessity for his transfer from
one station responsibility to the other.
As TO the sinking Of News name, tho OK.
PLANTATION is lound in the simple fact ,hat
the sagacious people OF the country who
arc anxious ior the continued success Of
our iinunclal system, are ayerse to !beley.
ing that tho Assistant Secretary will be
promoted to Judge Folgers place. The re.
port succeeding the latters nomination for
Governor Of New York, Of his Immediate
appointment, was II Journalistic cn,erprsc
designed 10 please Mr.. New, who controls
the appointment patronage Of the Treasury
Department, and whose favor Is coveted
in Acertain quarter. '|
There seems to be gin OF malicious.
meas in the reports that originate in Wash.
ington, In regard 10 the alleged savings
and doines Of Secretary 'Folger, aud they
are no. only anwise but unkind, Judpe
folger never asserted that he would hold
his office until the end OF President Ar.
thurs term, and then retire with him to
private lille. His ability and adaptability
to the Office he now holds, and his scrupti.
lous care In transacting the important bu.
siness which demands his personal attcn.
tion, have won the confidence Of men
deeply interested in. the construction OF
law, and in official decisions which must
seriously affect for good or evil the nam.
moth industries and labor interests OF the
country, and they would be better pleased
il he should hold permanent possession OF
his Office, il that result did not involve dis.
aster to the Republican party in New York.
1t is further exaggerution to say public
sentiment at the Capitol comedies the de.
feat Of Judge Folgcr for Governor OF New
York. Therelis not the slightest iustitica.
ton for attributing such nm opinion 10 the
Republicans in Washington Of any grade.
The nominees of the two parties are In the
field, and the success Of the Democratic
ticket can only be achieved BY, Republican
votes. II the yourg man nominated BY
the Democrats will make better Governor
tlan Judge Folger, his election is certainly
to be desired but aside from the individual
qualifications OF the candidates, it seems to
be- established THAT the success OF the
Democrats would be unhealthy. In his
letter 10 Hon. A. s. Draper, Chairman OF
the Albany Republican County Commit.
tee, Judge Folger demonstrates this
clearly: ,"The Ohio election took
place on Tuesday, the 10Th OF. this
month. 1t resulted in gain 10 the
Democratic party Of several Congressman
for the next Congress. At once there arose
a jubilant claim IRON the organs OF TINT
party that the next House Of Representa-
tives would be3Democratic. Low did bust
ness and capital regard that claim, and the
consequence Of it il true? 1t is estimated
from well founded data that on ,Wednes-
day, the i1th OF October, tho day following.
there was shrinkage OF values in the great
properties Of the country OF over $l0,OOO,-
600. That shrinkage has been going on
SINCE" fs. $ 81 Eya
(, The defeat Of Judge Folger is greatly de-.
sired by the Democrats, and if5a, su ilicient
number Of Republicans assert their HOSTILE
" 10 him, It will be accomplished. There
is no disatTection, however. 1t is not the
place for the prevalence of prejudice
against nominec.-If the fraternal fight
in New York assumes ioi midable diinen-
sions, there will bc no alternative but 10
accept Democratic rule and more shrink.
age, G. q +,