Evening star. [volume] (Washington, D.C.) 1854-1972, 1884-05-07

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The wild applause which broke out yesterday
when the result Of the tariff vote was announced
revealed the intense feeling which existed on the
subject underneath an apparent indifference.
Very few men possess the AGILITY TO make figures
interesting and Tor that reason added to the trite-
ness OF the theme, the speeches during the course
Of the three weeks debate were mostly tedious
There was nothing dull, however, in the figures
given the House by the tally clerks For once. a
rcll-can was followed from name to name with a
more absorbed attention on the floor and In the
galleries than the most logical or eloquent speech
TIE importance OF the questions involved, and the
uncertainty OF the ISSUE combined TO invest the
vote with extraordinary interest: and when at last
the suspense was happily over. the pent-up Joy OF
the vctorS burst out in IN uproar OF cheers and
screams seldom heard In a deliberatlve assembly
Those ail-wiSe people who when something has
happened, knew last week it would be so, are now
saying that they were certain the Morrison bill
would be defeated; but, as a matter OF fact the
question hung in doubt TIL the last moment. Had
Anderson and James voted on striking out the en-
actng clause as they voted on the question Of
stderation, there would have been q tie and other
changes were made which. had they not balanced.
would have turned the scale. Never has there
been more doubtful or more exciting vote in
Congress.
The effect Of the vote cannot well be estimated at
once. but 1t viii certainly be wde-reaching In its
ultimate results The immediate victory lies with
Mr. Randall. who has again exhibited with striking
force his ability as the leader OF parliamentary
iorlOrn hope But his very success Will embtter
his enemies within the party, and prove an obsta-
Gle IN his path 10 further prefermehL. The family
quarrel will now be transferred to the convention
where, as the revenue reformerS significantly saw
there will be no republicans.
Wall street furnished itself and the country
sensation yesterday as well as the House In the
morning the Marine National Bank, considered one
OK the most reliable in the city and whose stock
was quoted AZ 100, closed its DOORS and two hours
later,the private banking house OF Grant and Ward
followed suit The two failures knocked down the
price OF stocks three or four points, and for the
time being threatened to put the street in q panic
but this danger was averted and no serious trouble
Is now expected The failures were due IT appears
10 the familiar demon OF Wall street. speculation
MI. Fish, the president of the bank, and leading
member OF the firm OF Grant and Ward operated
largely and daringly in real estate ventures, and
took the bank funds 10 help himself out OF msfor-
tune This he was able 10 do Ey the interest he
and his immediate relatives had in the bank which
10 all irtelts and purposes. was family affair."
The failure OF the firm of Grant and Ward though
OF less financial moment, is matter OF more public
interest, because IL involves the fortunes of Gen.
Grant and his family, who suffer heavily The
General it IS said, smokes his cigar as imDassiyey
as ever, but he Is poorer man by cool quarter OF
million to-day than he was yesterday Ii Is
pleasant TO find that the loss In no way involves his
integrity. while It may be taken as fresh ustra-
ton of MS tnaptitude for Wall street.