Boutwell's Financiering

Ono ot the standard claims ot the adniiiistration organs is that the re-election oí' Grant s demañded hy tho busiicss interests of the country to prevent disorder in the trade, comnierce and filattce of tho country. This opinión, strange to say, áoesnot sccmto be shared v the Natdm, which speaks with gtrong disapprobation of the adimnistraticn's Bnancial management. Of Beofetary Boutwcll's aetion in Wall stroet it Baya: "On Monday morning Wall street was thrown into confusión liy the announcement that the treastiry would this weet buy ftve niillions in bonds, and theru weio, of coiu'se, the usual oharges that tho knowledgo of this was cotnmunicated to the Secretary'8 friends last week. These oharges, of ocurso, nmst bo expected to oiromate fttid Bnd i-redence as long as the 1 1 1 di8Cteditable systena of finance u maintained. Anything worso, both for the moráis and bufinr ss of tho eommunity, thiin a Bystem which enables one mal to pomo suddenlyinto agreat coraüi capital and run inoney down oné-oighi or one-half per cent., and send stocks up or ten per cent., by his mere ftai could hardly hu imagined. It is a systen worthy only of Ispahan or Constantinoplo. The present scandal is aggtavatoi by the rumor that the Secretary meas to eiercise discretionary power, which he gupposei himeelf to posseas, toiss:; (ii)o,(!()o ne greenbaots, but which m iny vcry ntelligeti taafi deny he xumi which most. people até agreed he ought not to poseesa or exerci Frufrality is founded on the principie tiiat :i!l riohea havo limite.