Saturday press. [volume] (Honolulu, H.I.) 1880-1885, 1884-08-30

OF New York merchants IN coming forward VI
support of the transportation fund OF the
Batthodi statue committee is not the least OF
these sensations though the recen, stock col
lapses, including the Grant Il Waid failure and
the opening Of the presidential campaign, have
each in its turn aroused public curiosity and
popular excitement almost to fever heat.
The Grant & Ward failure is certainly one
OF the most remarkable on record. When II
failed the firm had nominal assets OF S17,I3o,
ooS. 80. Its liabilities were $i6,7os,6
From that comfortable showing the firm ought
to have made nice little cleanup OF some ten
millions after literally feeling receivers and
bankruptcy commissioners. But 10, and be.
hold when Mr.. Receiver Davies focused his
expert binocular upon the accounts Of this
phenomenal firm he found the rottenest little
financial Denmark tina, it had ever been his
privilege to explore. Instead OF the nominal
assets Of over twenty millions he found
actual assets Of just $67I74. go All what
shrinkage was there, my countymcn
The various political pots are boiling merry
in every city of this broad land, and the
biggest pot of all is boiling ir New York
Blaine, Cleveland, Butler, St. John Repub
cun. Democrat, Labor Reformer, Prohibi.
zionist. Every vote for Butler is vote from
Cleveland every vote for st. John is vote
that ought TO belong to Blaine And both the
wall.ryed iurn.eoat from Massachusetts and
the sincere but impmctcable abs,aner from
Kansas claim 10 he able to poll enough votes
to prevent plurality for either the Republican
OF Democratic candidate, and thus throw the
election into the house Of representatives OF
course that would mean the election OF Cleve.
land. Blane's letter OF acceptance has won
golden opinions. 1t is the letter OF man who
knows whereof he writes Of a reserved yet
candid, careful yet determined man ; Of
thoroughly practical man Of affairs in brief,
Of statesman in its broad sense. OF course
the ultra Free Traders don't like Blaines pro-
lection and some OF his critics snecr at what
they term the tameness OF his attitude towards
foreign powers. And yet should like to
know how any thing could be more admirable
than this
"Our foreign relations favor our domestic
development. We are a, peace with the
world--at peace upon sound basis with no
unsettled questions Of sufficient magnitude to
cmbarrass or distract us. Happily removed
by our geographical position from participation
OF interest in those questions of dynasty or
boundary which so frequently disturb the
peace Of Europe, we are left 10 cultivate
friendly relations with all, and are free from
possible entanglemen,s in the quarrels of any.
| The United States has no cause and no desire
to engage in conflict with any power on earth,
and we may rest in assured confidence that no
power desires to attack the United States"
Personally like the letter in detail and in
toto. In regard to the important topic OF
tenure in the civil service, II is rs clear as q
bell and as sound as a nut. The concluding
paragraph Of this topic is as follows
"My observation in the department OF state
confirmed the conclusions of my legislative ex-
perence, and impressed me with the convic.
tion that the rule of impartial appointment
might with advantage be carried beyond any
|
should be applied to appointments in the con
sular service. Consus should be commercial
sentinels encircling the globe with watchful-
ness for their country's interests. Their in
telligence and competency become, therefore,
matters Of great public concern. No man
should be appointed to an American consulate
who is not well instructed in the history and
resources OF his own country, and in the re-
quirements and language OF commerce in the
country to which he is sent. The same rule
should be applied even more rigidly to secrc-
,aries Of legation in our diplomatic service.
The people have the right to the most efficient
agent in the discharge Of public business. and
the appointing power should regard this as the
prior and ul,erior consideration"
One might indeed wish that the neNt Presi.
dent of the United States had more fully
elaborated his ideas upon American currency
but think no iar-seeing man can fail to recog
nise the justness OF the little he does say:
"The people of the United States, though
often urged and tempted, have never seriously
contemplated the recognition Of any othel
money than gold and silvcr--and currency
directly convertible into them. They have
not done so, they will not do SO. under any
necessity less pressing than tina, Of desperate
war. The one special requisite for the com.
pleiion Of our monetary system Is the fixing OF
the relative values Of silver and gold. The
large use Of silver as the money Of accoun,
among Asiatic nations, taken in connection
with the increasing commerce Of the world,
gives the weightest reasons for an international
agreement in the premises. Our government
should not cease to urge this measure until .
cstablishcd---a standard tha, shall enable the
United States to use the silver from its mines
as an auxiliary to gold in settling the balances
of commercial exchange"
| Al this writing, Governor Grover Cleveland
is chewing the end Of sweet and bitter fancies
in his bachelor quarters at Albany
.'wishng that women had colder been.
And sighiag ,ha, men had hearts Of clay"
for the sins Of the private citizen have been visited
upon the official candidate. So far. the story
is practically unanswered and, nasty John
Kelly says. sis unanswerable; which is the
best thing in Cieyeands favor -as the man At
whom Boss Kelly throws mud is apt to be
sufficiently cleanly to Justify attack from that
disrepulable source.
1t is, Of course, Emery war among the
newspapers. The gallant old Tribune IS fight
ing for Blaine almost single handed-the little.
influential Commercial Advertiser being il,
principal ally. Besides all the regular Demo.
cratic dailies, the Pos, and the Times have
nailed the flag ol Cleveland TO their traitorous
sanc,ums and are pitching into Blaine just a
vindie,ively as the Tribune went for Gran, In
1870. Harper's Weekly is bitterly and mos,
inconsislently anti Blaine; and tina, yellow hor
net Of the cartoonisis, Puck, stabs weekly with