Year: 1874




Senator Jones. of Nevada, to whom
the President has given fame in the fl
nancial world by reason of the declara-
tory letter which he wrote to him, on
being asked for his theory of the Presi-
dents writing to him, replied, in an
unreserved, honest and blunt way


why, the fact of the matter is, that
the President saw that both Houses of
Congress had been tinkering away at the
finances for more than six months, and
had come to no conclusion, but were
scolding away about them still. First
this one came to see him. and then that
one, andeach successive person. Just as his
ideas seem to strike him, said that the
Presidents views were first one thing and
then another, and as | suppose the
President got tired of this sort of things
and made up his mind not to be misrep-
resented any more, he went to work, and,
that there might be no mistake, he pro-
eeeded at once to write out his views
These were the views which / came
across when they were submitted to
myself and two or three other gentlemen
who had called on him for the purpose
of talking over things generally, and
mainly the finances. / heard the views,
and liked them so well that, in my own
plain, matter-of-faet way, made up my
mind that as gentlemen were talking
about the Presidents views and saying
all sorts of things about them, they
should have them, and this was the best
way to get them and the golden oppOr-
tunity to have them made public. j
asked accordingly, and think / did the
best thing possible. In fact, you may
put pin-mark there. If certain gen
tlemen are, as understand, displeased,
i cannot help it, and do not much care
about it. am not seeking any favors;
have no axes to grind; have not asked
for any official patronage, and don't
want it. Neither am / candidate for
the Presidency, and hence to whom bet
ter than NE could the President have
written his views on the finances. He
could not have written to any of the
Conference Committee, as that would
look like debating to Congress. He
could not. with propriety. have written
to an Eastern or n Southern Senator.
Now am out of the vortex of excite
ment. confusion and antagonism which
have prevailed. / am a new Senator and
a far Western representative; have never
been mixed up with any of the discus
siOns, nor ill-feeling, nor strife, which
have prevailed from time to time, and
hence it could not have happened bet
ter. and if people don't like il, all have
to say il that don't care farthing, and
do not ask any favors. Now, | think
can see that, if there was going TO be any
specie resumption, the glory of it would
be made to fall within the present term
of General Grant, and hence it was
urged so as to be effected in 1876, so that
the campaigners might not go TO the
country with their declarations, if the
year 1873 was selected, and say that the
administration has not come back to
specie payments and goes out without
effecting il; and it il left to us, under
the new government coming in. to settle
that obligation under a new administra-
ton. Thus they can have strong OBJ
lection TO the third term, and go before
the people with the warning cry of
Third term, on account of the quarrel,
select their own candidate and elect him
against General Grant on the financial
issue. But the President simply desires
that the glory of the achievement of
specie resumption shall crown his ad-
minjstration.-Wd Washington CoTTeSpORd-
ent " Y Herald