New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-07-04
ported had che prices abroad been governed by the
ordinary conditions Of demand and supply.

Tho Treasury owes $fO1 100000 less than IL did
| year ago. aud yet this past year has been ono Of
extraordinary embarrassment in many branches OF
business and of general and severe fall In prices.
| What would have boon tho result, In such time
had Democratic statesmen and Democratic Ideas Of
finance governed tho country This Is not IN ldlo
question, Just now. Solid capitalists. careful In
vostors and grave bankers. who are Joining tho Out
cry against Mr.. Blame. will DO compelled TO
slider before long whether thoy want u Democratic
President and a Democratic Congress. They must
inevitably decide that they do not.
Mr.. Iolman's idea OF economy was we'll illus-
tratcd during tho debate on tho Fortfcatlons bill
on Monday in the House. He argued that 10 was
useless to put tho sea-coast in state OF defence
because there no danger of a foreign war or,
as might be thought from his language, no posi-
bility of il. At the same time he In favor Of
spending. 100000 in patching up useless fOrti6ca
tions. "Millons for tribute, and not cent for de-
fence" seems to be Mr.. Holman's motto. He will
cheerfully throw away 5000. 600 but he is sternly
hostile to any expenditure which may produce prac-
teal and useful results OF course HolmaD's asser-
ton that no Power would dare to attack defence
less country is absurd on its face. II are to
be safe we must make ourselves so, and the surest
way to invite attack is to refuse to make any pre-
parations for defence. But it perfectly apparent
by this time that Holman's much-pufed economy is
nothing but blind and stupid parsmony, and. IN
no way incompatible with an equally blind and
stupid extravaganza.
The Utica Observer thinks that Sullivan has
"runed his chances for Congress" o, no. If Mr.
Sullivan's attitude toward sumptuary legislation
may be inferred from tho sumptuary record he
made the other evening in this city. he ought to
run with gIeat vigor in any representative Dep
ocratic district.
We notice faintness the Democratic Conven-
ton draws rear, in those cries for revenue only"
which used to fill the air. whole week has passed,
and Mr.. Morrison has not denounced Mr.. Ran
dali as "a traitor" nor has Mr.. Watterson
nOunced that tho devil is loose" When Mr.. Car
Isle elected, it was announced that the South
ern Confederacy was in the saddle again." as it
was. But it has been thought best apparently, to
dismount, and crawl in the grass a while.
The Boston Post proudly calls attention to the
fact that there are five Union soldiers on the
Indiana Democratic State ticket We advise The
Post to keep quiet about this circumstance. If it
does not some Democratic brother will be accusing
it of waving the bloody shirt.
"Walkng along the Rue de Scvres" writes n lady
from Paris, 81 saw the following delightful
nouncement, Madame ZenObic c., third story,
lets out Itecth for evening parties and balls" IF
this Madame Zcnobic has m stock trustworthy as
sormcnt of brains that she would be willing to let
out to political conventions. then our Democratic
friends who are to meet In Chicago next week ought
to patronizo her. When last heard from they had
not discovered u delegate who was up to writing
litst-rato tartf plank.
The statesmen who arc going from this city to
Chicago noXt wock, If they fondly fancy they arc
going 90 make President. are much deceived.
That IN not tho function of the Now-lOrk Dcmoc-
raoy. Thoy are going to make u candidate, per
haps But the Socialists OF Chicago wh1 will par
AIDE for General utlor. and the mob collected thcfo
to yell Tor "Old Saddobngs," will have moro
weight in the convention than regiment of now
hats from NowSYork.