Year: 1875




Grant is well pleased with the present political outlook
"A few months ago the tide appeared to be setting
strongly against repubcanism, and especially against
the supposed personal aspirations OF the President
Corruption in Official life believed to be gradually and
surely undermining the solid foundation of republican
government Civil service reform had been virtually
abandoned under circumstances which, justly or un-
Justly LEFT on the public mind the impression that it
had never been honestly attempted. Every
where reform had been preached by the republicans,
but nowhere had il been practised The financial
tinkerng OF the Congressional majority and Of the
Treasury Department had failed TO give US sound
currency ten years after the cessation OF the war
manic had spread CONSERVATION throughout the
try; business was depressed values had depreciated
and the insanity which sought TO the disease by
aggravatng all the evils that had originally caused it
was supposed shared by sections Of both political
parties The people held the republican administration
and the republican party responsible for the existing
corruptions and for the parayzation Of The business
and commerce Of the country. They eagerly and
resolutely favor Of change and were prepared to
trust the regenerated democracy with power In the
South reconstruction policy that sought TO degrade
the white population and truckle TO the ignorance
and preudces Of the negro seemed TO have failed
the black vote to its orgnators, and the
chances appeared be that the republican party would
lose the Southern States in the next Presidential contest
with two probably three exceptions Republicansm
shattered within its organization.
Cesarism, which had been ridiculed as
sensational absurdity, began to develop itself
as threatening danger, demanding the
attention of the party. Vice President Wilson raised
his voice in warning against departure from the
teachings and example of Washington. Other repub
cans followed in his wake and State conventions re-
corded their disapproval of third term for any Pres
dent of the United States The tacturn and stubborn
soldier whose interests and ambitions affected by
these expressions moved TO abandon his policy Of
silence and, while combating the popular sentiment
against third term disavow a desire for renom
nation Instantly the rival asprants commenced nib
bling at the bait of the and trouble seemed
In store for the Republican National Conven-
ton Meanwhile the road appeared smooth
before the democracy The most important States in
the Union wheeled into line the democratic side In
New York the false pretensions OF the republican re-
formers were exposed and the banner Of true reform
passed the hands Of the democratic Governor All
the democrats had TO do to make in the nation
next year certainty to promise financial and com
mercia stability rudely shaken by republican mis-
rule; proclaim Official economy and honesty in place
OF republican extravagance and corruption, and to
pledge themselves 70 a Southern policy which would
place every State in the Union equal basis OF self
government FREQ from federal interference With
true reform, and strict honesty and economy in the
administration OF the recovered State governments it
appeared that would secure power in
the nation through the faults and errors OF repub-
ucanism.


Eow President GRANT VIEWS THE PRESENT SITUATION.


The most superficial observer that the situa-
tion is entirely changed. The dangerous expert
ment Of making the democratic party the immediate
-1F3r hia
The prospective advocate Of reputation national
dshonor has been tried in tho West and has checked
The current Of popular sentiment Had the democratic
policy passive negative the evils of repub
icanism would have induced the people seek change
Under Western control has been active and
Of the past eight years and the people
are startled and draw back from the contemplated
revolution For the past few days President Grant
has abandoned the recence for which he is usually
uarkabe and has not hesitsted to express his Of
current events freely among his friends 1t is very evi
dent that he regards his chances Of denomination
and election materially improved by the indscreet
action OF the democracy although upon this point he
retains his customary reserve The President insists
that there longer be any doubt TO the position
OF the majority Of the democratic party the
rency question. If in power In both houses OF Con-
gress and Of the Presidential Office they would repeal
the resumption law and all laws interfering with the
Limitation Of the gTeenback issue. They would
violate the pledged faith Of the nation and
propose 70 pay the government bonds in
rredecmable and worthless rag money Some OF the
Western States DO not hesitate boldly such
extreme policy. The democracy Of other States by
taking single step in the direction Of reputation in
dcate unmistakaby their willin gness to travel the
whole length of the perOus road. Suppose the New
York democracy should boldly take stand against the
party and declare in favor Of bard money and the speed
lest possible resumption; OF what use would such a
pronunciation be in national convention controlled
by the South, the West and Pennsylvania And If
New York speaks with feeble and temporizng voice.
who will longer believe that any power will be sufficient
20 hold the democratic repudationists in checkg
50 that, under any and all circumstances,
President Grant believes the people will be compelled
10 recognize the democratic party as the party of Ina
ton and reputation and the republican party the
friend Of resumption and Of the preservation Of the
national honor and credit "The issue Of next years
campaign - says the President lis already made and
has been chosen by the democracy"


PRESIDENTS PROGRAMME PoR THE CAMPAIGN.


No person who knows President Grant can believe
that he would be likely TO neglect the opportunity af
forded him by the folly Of the democracy TO advance
his political Interests. There is the very best
authority for stating that he has already decided upon
course Of action which he regards as likely
10 force the republican party 10 nominate him
for third term In his Message TO Congress,
when democratic House Of Representatives will have
the privilege OF considering his recommendations, he
Will set iortn as strongly as be possibly can, the de-
pressed and suffering condition Of the business and
commerce Of the nation and will direct attention the
necessity OF taking measures 10 establish the currency
sound basis by preparing for resumption the
existing law in 1872 to which, be will say alone can
look for restoration Of confidence and credit and re-
vival Of trade He will enlarge upon the necessity Of
increasing the national revenues as preliminary
sumption. He viii to that end recommend the resora-





which the government has lost from $40 600, 900 to
S25, 600 900 year, without any benefit TO the
consumer the taxation Of all articles OF foreign manu-
facture brought 70 the United States by passengers
whether made unmade; the general increase OF the
tariff and probably the abolition Of the entire free list
In addition this the President will probably suggest
such amendment OF the Legal Tender act as will re-
quire the payment OF all internal revenue duties In
gold, as further provision for resumption.


now CHANT WILL HEAD OPT rHE fSPLAr1oEIsTs


The President will make Il clear in his Message 10
Congress that be intends TO practically carry out the
duty imposed upon the government by the resumption
act by proceeding 10 contract the present greenbac<
issue TO the limit allowed by the law. Upon
TINS point more than any other he relies
Tor the support Of the moneyed interests OF
The country IN the Republican Presidential
convention. Between December next ard March, 1870
he cannot OF course contract very extensively but II
ne should be reelected 10 be In the Presidential
once in 1879, no person will doubt that he would
hrmly and resolutey carry out the law, which would
not be likely to be altered repealed while he pos
sessed the veto power, even with willing Senate The
President claims very wide discretionary powers
and he etvili IN