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The Questions Of The Future

The Questions Of The Future image
Parent Issue
Day
18
Month
June
Year
1875
Copyright
Public Domain
OCR Text

From the New ork Post. The defeat of the Force bill in Congress, the adjustment of the Louisiana question by the Wheeler compromiso, and the President' disavowal of the purpo6e or dosire of a renomination, have cleared a great deal of rubbish out of the path ot the Republioan party. The road looks smooth again, but whither does it lead '( To what goals are the politioal engineers proposiug to direct it p One goal to which it ought to lead shines in the distance with all tho brilliaucy of an old-fashioued 8Üver dollar. The currenoy question is again the urgent question of the day. The long collapse of trade filis a million homes with anxiety for the future. The people yearn for confidimce, which is the uecessary precursor of prosperity. Thoy cannot fuund confidence upou a fluutuating currency ; and uo political prediction is safer thau that the party which shall give them Hard Money for a foundation to rebuild upon will earn a worthy title to their favor. Intimately related to the same subject are the myriad questious of Revenue Reform. For the first time since the begiuning of the civil war we catch a glimpse ot the green fiülds and fair pastures of Free Trade beyond the wilderness of the Morrill Tariff. For the nrbt time in fourteen long years a realizing sense of the weight of the millstoue which we have hung upon our uecks in our tariff legislation is beginuing to opprees us. The protectionists are quick to catch the alarm. Their first response is the forcing of protective tariff reaolutions upon the Republican State Convention in Pennsylvania last Wednesday. The polioy will be suicidal to the party if it prevails, for business oonfidenoe oanuot be founded upon a protective tarift any more than on a paper currency. Next to the resuuiptiou of specie payiuents, a reveuue tariff will do more thau anything else can to revive industry and commerce froni stagnation. The third object to which the Republican party should apply itself is to raise the drooping standard of Civil Service Reform. The political organization of Congre88 next winter will favor the attempt - -an attempt to which the party is bound by the soleinn resoluiions of its natioDal convention, the proclamation of its President, and the piedges of almost every one of its leaders who survived the political delupe last November. There will be few Republican inembers of Cougress next winter to interiore with an earnest effort of the President to redeem his promÍ8e to make honesty and efficiency, and not. political activity, the test of appointments ; and his disavowal of the purpose or desire of a renomination 8fvves him from a dangerous temptatiou. Hure, then, are the means for a continuance of political supremacy, within the reach of the Republicana. Have they the intelligence to grasp them 'i or are they bereft of comnion sense 'i TnE Government has purchased at Carson City a large amount of silver bullion at the cheapest rates ever known - $1.07 per ounce. It is calculated that by fall the goveanment will have purchased and coined so niuch as to adniit of the substitution of silver in place of fractional currency. The Philadelphia Presi, after a oareful reading of the signs of the times, expresses the belief that an important revival in all kinds of business is close upon U8, and Seuator Shernian, in a renent address before the Cincinnati Exchange, cougratulates its membera upou the certainty of a speedy business activity.

Article

Subjects
Old News
Michigan Argus