St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1884-06-05
Moral Aspects Of Recent Fi-
nancing.

|
a alu, ana harine ha.ion2i ana Net
Iop1litai, oank natures mas oeeh 80 far
9lsoiosee 1'i, that there ceases 10 De d
uouoto o' the charhc1er OF the rottenhess
oi e"eh oi liese concerns III was no
mere reckless sPecnauon' as at hrst
euPPose"' ho mere auuaclty IN taxing
anl;.; alsAs Ia s.o'Ss y. pther nuctuating
:uni'' o,'inii'eos, o'' M !. mIs cons SplracS anu
80 ns ". vs. d" un', ,i's'''A"uie !. pc, Ihe
Me',opoi'tan oanh was SIMPLY cleahed
ouS W i's Pltsluent' John u Eno' as
uil siar VINO Iiau broken INTO the
s',iio 81 nisnI Wo"iu carry OH an i's
Tu.""pie Iou'eits' in Ihe case OF the
oIuei r'iih anu urn Ine roooery was
Sc'.r'i iesS s,u9 uil9ct. men "aro Is
t'H. no" hSneu iIau y gu ever any ecu
Cracos Personaiiy OF as a member OF
HouI urn N WIN a. rhe government OF the
7 Tnluou i otS.eS ~ he answers, MOI that
AnoM VI. ne rish-GTaht letters
sto" Nei OleaiiA .haI "aro repre-
sso,.:1,I. en.eu ~ : as" .nas ne was aeaIlpg ln
So a;ii1 1 ooii an" qua. Uen
,y,;t.aJ ~ E;.G "u "a ai'o"eu W oe tr"ls-
r,iiiI;,r. 81 NJ nv T1 "'ui'' ItII ''nI' l anl
- So. ''e'.o NJ Snouiu ueriEe
""' P'o"U '.o o''n iol |"e M nl III 'n'' 'ife
-, r.. ~ 'i i"u"ohoe may
ola "lu; III "VIeI wordS,
50! 50 ooii. Tl"nt anu Ihe Whoie Uraht
.''.'liS "S 0'nOp ftot' . a'eo!5ls ~! tne en-
G ~. vi UaiH Piosiuen'S IKE james
~. + ish. aru Viliiihy Is clearly
esCao'isheu' Fish WAS moreover dere-
llo1 DIS d o"nh oiilcer III hot making
,IioTe lh0rouSh =, investigation OF Uraht
N N"'u staliuln@' khowihS' as an
average business man ought TO know,
.h'' V'le so caiieu business, even II
~ was d" cPieseiiUo'i I'd iilill, WAS "hoi
~ anomalous ana an nuuSuai FISK. All
isil Piotestatiohs OF the innocence
WIN Whicli lie was dnped should not
save MN rom the vengeance OF the
hatlonai oahk act Bank presidents
ouSh' hoC 10 DE ailo"ed 10 plead sheer
iuioC9' ...-
ne interest Whlch the fnanclal
| world leeis III the tate of Ward and
Fish Is mainly due to apprehenslons as
to the effect upon commercial morality
of condonIng such otfenses us theirs.
As persons, they are simply two out
of metropolitan population of over
,OOO,OOO, one below the average of
morals, the other for common sense.
| Gen. GrantS case Is quite different.
HIS career and character are national
belongings. His ''name and influence"
have been subjects of national pride;
his name has been joined with the
names OF Washington, of Lincoln, and
of other high minded patriots and men
OF honor. The American people will
read with arlef and indignation the
c0ld-blooded manner IN which Gen.
Grant gave thus pIck-pocket who had
won ms confidence tull Incense to
derive what p"oht he can Tor the firm
that the use OF my name and influence
may bring" Tins was carrying to the
market ana deliberately harterlnS Tor
pro1t the splendid honors OF a great
soldier, twice president OF the greatest
republic the world has ever seen.
MS unhappy dehonement VIII re-
can 10 Lhe country the extent TO which
the appearance "i the same deficiency
III Ine charaeter Oh zen: Hraht wheh
ptesiucnV cdnhere" "li ms aumlhlStra-
'loii WIN Ioooei! ana illade IL perl"d
W W n"ii''i'''oi' =" t"e AMERICAN iiiiile'
ne Is ah ho,lesI man, destitute OF hohot.
coiioc. anu Jus' nI'iSeii III ms ueisl-
| ihSS Win men ana IN oHiciai stalloh,
ne seems 10 iack Whoily All sehslblilty
as l" no" HIS mamie may DC useu D!
thoso VINO may ne assoclated WIN MN.
w o'iicl tne"i2 VI zen UiichI cnaI
80, INP'%i"S MS l'"''cS VI s.'.huinS
oS paococe ~heh "huer hrei ms ac-
cepcthce Oh Iue resignation Oh belknaP'
Ine investment oi mrs. Grant III black
| FRIDAY ana suci ietter as the one
ABOVE quoted 10 James u. flsh.
1hls unfortunate characteristic OF
Gen. Grant was IN Its effect upon the
country, not mere personal trait. 1t
not only gave Dad SAVIOR to his ad-
mllistfatioh, ont IL tainted the whole
stalwart schooi OF politicians who were
his legacy to the country. AS often
happens the disease IN Others ran
more rabld course than it did III its
author. nat was In ten. Grant
mere taclt Willingness to see his I'M
mediate associates making pelt OF their
oihclal opportunities became III Conk-
ing, arthur, Gorllam, Dorsey, Hatton
ana the whole stalwart faction IL liked
convection that organized seiflshness
was the true administrative pollcy OF
the government, that the civil service
was by right the pretorlan guard and
the helpless object of revenue for the
political party which was in power and
that 1t is the duty of the party so sit
uated to put forth the whole strength
of the government i'll every form to
save itself from being beaten i'll ma
tional contest. This conception OF the
the pOlltlcal parties, wholly ana Oasely