Mr. Oawald Ottendorfer pnblishos in bis paper tho following article in reply. to tho lottor of ox-Scnator Behurz : In a lottcr pabllshod in onr paper Mr. Sclnuz protesta againat the charge that "ho had turuod back ou tho pathway wliioh lie had pursued for yoars ; tliat lus present conreo was absolutely irreooncilablo with wlmt lio liad advoeatod and laudod only a few weeks ago, and that he was now treading upon hi own couvictions." With this view ho lirst calis attention to a few symptomn of the dise&so which has attacked and underminod our ontiro body politie, and he endeavore to show that Gov. Huyes in the most efficiënt piastor with which to patch up and cover tbcso loalliHomo sores. It ia rathor Huperiluous to analyzo hia ondeavors to dweil upou extraneous matter in ho gravo a question a the approaching Presidontial election, to beat aronnd the trash with tho finosno of a third-rato lawyor, and to une evory nitiiis in ordor to ovado a thorough probiug of tho subject. But aa Mr. Schurz, in his proaent Work, acema to havo completoly forgottcn his acoustomed thorouglmesa of argument, catching at strawa in tho ab3ence of bcttci supports, it may bc worth whilo to look at the reasons whieh ho allegtH havo lod him to his conclusión. Ho considera himaelf bound to support Ooy. Hayes, ílrHt, bonuiHc the Kepublican party is "soundor" on tho linanoial questionthan the Democratie party; becanse the lattor, instoac of romoving the suspicion that resta upon it in cousequenee of tina fact, by adopting a per fectly unassailable hard-money platform, and by nominating for the Preqidency and Vico Presideuey candidatos whose principies on coming the hard-money question arO unimpeachod, has recommended in its platform the ropoal of tho act 01 1S75, promisiug reminiption, andhai cotiflrmdo thecompromifiotherüby made with the iullatiou tutu by the nomiuation for tho Vico Preaidency of a politician who has no views of his owu oi thé Onanoial quoation ; béOOOae, in cinn of tho Democratie candidato being oleeted, the "soft money'1 Democrats would probably control tho majority in tlio House of HoproRnntatives, auc bectiuso, in caneof au uufortunato accidont, tho inüueneo of tho Exeeutive might also redouni to tho benefit of the "soft-money poople.' He admils : It ia truc that tho Itepublican platform ÏB not cntirely atisfactory an to tho Ibirmciiil qnostlon, but bctwoen two ovila we must chooae tho losser - that is the llopiiblieau party, which ha noniinated two candidatos cqnaliy roliahlo on thin question, and wliioh renrtors a corrosponding mnjority in Congrosa at leaHt probable. In a subscqnent paHsago of his lotter Mr. Bchurz intimatos that ovon Mr. Tildón, in liis anuual moesiigo, had shown Hn intitnation to strike a bargain with the Western iuflationiuts in tho National Convontion, for tho purpoHO of accomplisliing hia porsonal objects. It ia by no meana onr intention to deny the asaortiou that a largo portion of the ïillationists are among tho mombers of the Democratie party. We have repc-atedly dwelt upon thia fact ; but at tho samo timo we havo ahuwn that profoHsional American politicians, whether Democrats or Kopublicans, have no principies whatovor on the nnancil queetion, but aicinflueiiccd in thfiir attitudo by their jirowpecia of political suceess. With the dextority oí a circus-ridor thoy jump from the harJ-money horse to tho soft-nioney nag, just as the public opinión of their diütricta seems to demand ; and Mr. Sclnirz, who, during his acthïty in tho 9bited fctates Sonato, has himaelf witoeseed the break-neck shifte of the pruminont leaders of the llepubliuan party, who to this very day occupy the commanding post in that camp, evinceB a great deal of modesty and self-donial if he naively protends to bcHevo now that the He publican party, assuch, deserves credit in the linancial question. Wo, too, consider tho insertion of that paragraph in Ihe St. Louis platform whieh demanda tho repeal of tho promisc of reenmption of pecio payinents on Jan. 1, 1879, a groat folly, not bccauae we regard that section of tuo llesumption act as boing of any practical value. Wo liavo rcgardcd it from tlid boginning as n piece of hypocrisy, desiguod to türow duat n the eyea of tlio 'pcople ; and Mr. Schnrz himsolf declared in the debato on that bill in the Kenate that the flxing of a timo for reanmption would be of value only inasmucli as thoso who votod for the biil would be bound iu honor to proposo and support measurcs rendering possible the fulfillmont of the proinise. During these remainiug two months of the senflion of CongreRH, in whicli the Republicana liad a majority in both Houses, not the alightest elïort was made to redcoin this solemu pledge ; nor has the pVeaout seaeiou of Congress, in which the llepublicans control the jenato at least, witnessed any attecnpt to make up for lost timo. Moro than this, tho Kepubliean National Oonvontion, meeting at Cincinnati, has rojected by a largo majority a motion to declare it tho duly of Congress to adopt mensure by which these hollow and liypocritical promiaes in the IïeHamption act might be realizad. Th 5 rejection of this motion indicated an cqually groat. if not greater, doeiro to moet tho inllationista more than half way ; greater, indoed", than tho demand in the St. Louis platform for tho repeal of tho dato of tho resumption of specie payrnontn, which Mr. Schnrz, in bis aDxious search for reasona upon which to baeo hia vindicalion, Imü confonndod, unintontionally, wo hopo, with tho domand for tho repeal of the entire Ileaumption act. Neverthelees wo conpider the said paragraph in tho 8t. Louw platforni a folly, beeauao it is of uo practical valuo, while somo indopendent friends of roform regard it as a goldenTaidgo to croas over into the Betmblican camp. Wo will state, however, at this place, that Mr. Schurz committed a gravo breaeb of truth, whicii, wo grieve to aay, wo cannot regard as uuintentional, in his assertion that the St. Louis Oonventionproposed the repeal of tho proiniuo of reoumption in the Shcrman act, as tho only specitied meaftnre for the renumption of Bpecie paymont. The value wUich attaché to the St. Louis platform as a hard-nioney platform is rathor dcrived from ita doclarations concerninR the necosaity of aecuring a surplus by moans of retronclmientm tho oxponditwes concornin;; tho fotindation of redemption funds, aiid conceruing rovonjio reform, as woll as from tu frauk recognition of tho Government ourroncy au n rodouuiablo dabt - which ia cioarly tho very reverso of tho inllationists, views of tlio character of tho currency. By ignoriug thiH, and Ci-peciully by passing ovor iu Hilence tho fact that the Democratie party has coaae out squarcly for a mero revenuo tariff, while tho liopublicans havo ideutilied thomaolvos more thau over with the proteotivo policj, Mr. Schurz belioves he can covor up ouo of the Horest ppotn of liis laieüt party alüliation. liut wo return to liis ai'gumontn. Wo huvo fraukly and opciilv criticiaod the nomination of Mr. Ilendriclis ae not bciug in liarmony with the other labore of the St. Louis convention, bocauso, likc tho majority oi American politiciaiiM, ho has no íixod principies on tho financial qnostion. lint it ís a greator exaggeration, to uao tho miidest term, to dt-üignate him a politicnlbugbojiria order toírkliton indoiendont CitÍ2on3. aiul to drivo thoni heaalong into tho Hepublicim fol 1. IIíh alloged opinión on tho flnMMbd qaeítion coincides oxaotly with tho speecli mudo by Gov. Ilayca ab Murio'i, ()., in July, 1H75. lio iu oppoded to contraction, and bolievos that tle country might "grow into tlio full-blown garb of iiTodeomablo paper curronoy." ThiH view, ridiculous aa it if, was Bharcd as lato as tho beginnini; of last yoar by uitio-tentlis of t'io Western politicians, whatever party they miglit belong to. Uut whatever muy be said or thought of the nomination of Mr. Héndrícks ; it ia by no means so " ucparallolcd " as the yokln'g together of Groeley and Oratz ürown in 1872, at which occasion Mr. Schurz acteci as spoisor wi.hout even making a wry f ac. And now a rogards tho alleged attempt of Gov. Tilden to reconcilo the Weutoru inllationit bv Iiíh anuual message. Tho 'wholc objocriou that niay be raised agáinst fio argumenta sot forth in that doenment may bo utinimcd np in tsvo points, viz. : TLut tltey do not snfücicntly emphasize the pernicions cffcctfl which an rmdeemablo papor currouoy produoes upon public nioralily, and tiiat tho nuin htrestí i.i laid up'in cconomicitl reasons, upon (juentioim of utility and expedie noy. Tliatwx-t not to our tanto, and itmay not linvo tieoú to tbe liking of Mr. Sohnrz. Uut it wa the readioet woapon with whieh to re dh our peopje, who aro inaeeeaíiblo to tho moral aspect of any pub]ic question, and tho roault has nhown Uiat Gov. Tildon's Bagaoity has roadily dotectod tlio weak sido of the Amorioau oharaoter. Bnt thoro ia ono circumfitanco which Mr. Hcliurz aeems to bavo qverloukcd eutiioly, and in tho presorco of which tlio terriNo pioture foreshudowod bjr him ín case of Gov. Tildou't death dwindlea iuto cbild'H ilay. It is tho fact that tho Democratie party of tho State of New York ha, doring tho last two years, iu relation to tho financia!. quoation aud under tho leaderehip and control of Gov. Tilden, ammod a pQMltionwhúh oven Mr. Schurz, with all Iiím itrgenuity, will not be ablo to attack. That toók placo at a timo wl.eu public opinión had by no means decidod ín favor of haul money - at a timo when tho waves of theinüation mani.a surgod high and meuaccd to overflow tho wholo conntrj'. It required a lidolity to coiiviction soldom to be íound in Americau politics to throw tho gauntlet to the DomocraU of Oliio, aud iiai'ily of Indiana aud other Western States who, in'.oxicated by the inflation swindlo, seemed to carry everytliing bef oro thenJ Inrit fíxll ; to ntom tlio tide of inflation hmanity, and toasist in tñedWoat of tho Demócrata of Oliio, as was dono in the platform of tho New York Democrats in tlio anliimn of 1875. X . 'ii wül dociro t(i bolitUo tlio services rendered by Mr. Suhurz -íuvini; tlio hi'it C!im))iu;iii iu Oiiio : but it i univormilly conceded, and the Ohio Demócrata wcrc JouQQSt imd bitterest ia Uioir comulaintH, Uiat the poLtiim of (lov. 'r.kleii, of Now Yorl;. v.ith í-oganl to tho iinanciul qnesüou then contributod more than anything olso to tlioir def'jst. It is Qwiag to liis ondeavors that tho poople oan oalmly awfcit tho result of tho rresidential eleotion. n far ñH tho llnancial quoslion ití concernod ; nnd it íb hirt wrik that tho dangere of the loftation iwindle ipáy bb uonsklcrnd ia avertod forillo presont and for tho iimnodialo future. We do not ñutan to land Mr. Tilden hm li seoond Uasniim nirthing into tho abyss to sayo lúa country ; i i ; i il was bis deep iusiglit, MQdtrad by a ni stndy of the ílnancial qnestion, wh:'.ch convinced him that the inflation frotadlo would bo of nhort duration ; that, nided by the exporienco of ecouomical and biiHÍnesfl lifr, tho (;nnil, practical eonee of the people would booii ■cawtiken ; aud it was tuis convLction that iuBpiréa him with a courago and péraèvörance vhieh, at flrntsight, may appear inexplicable in au Amorican statosmiui of our ñij ; nnd it in alfo thia conviotion, arrivod at by a t.horouiíli maBtery of tho íiuaiicial questiou, which woulil enable him, if eleetcd, to trcat and solvo thi difficult and coinplicated problem in a xoáuner whieh Mr. Schurz himeelf could not tbiuk Mr. i bu oh capablo of doing, notwithstanding bis projudico in favor of that gentleman. Akwo havo stated before, we do not regard Gov. Tilden as an ideal candidato, nor do wo approvo of all tho moasores tliat ho ha taken. Ho lias his cnvn way of accomp lishiug bis object. l!ut wlúlo wb do uot hositato, and evou deem it our duty, to expresa our disapprobation of any Btops takon by hira which may Beem to uñ uiijtiHt or ioiproper, we aro bouad to admit that he novor wiivered in hís conreo, and purBuod bis object with a raro dotorminátion. A utatenman munt oraetimcH niako coucobhíouh in Bubordiuato queHtions, in order tOHtrenutbcn bimself for the main tatjk witli tho eolutioii of ■wliich ho if! chargod. Ah to civil-sorvlce reform, tho BpecUl hobby of JIr. Bekort, to which ho 8oeran inclined to saorifioo ovory other coueidoration. oyen fuirneSH aud justice, we íuljy recoguize its valuó and hUíli importance. We admit that Unís far it ha liad moro Itopublican tlian Democratie advocates ; but we must cali attontion to tLo faot that tbOy were Hito voicoi in tho desert, that die ivway unlioard and nnnoticed. Wo boliave that our political partios, in their present organization, Republicana as well &i Úoaioeratft, will reeiist oil-Borvice roform to tho utmOBt. It threatous their very Ufo, and to support it would be to Bign thnir own death-warraut. A Ion;; nd perHOvoriiip 8trugí;lo will bo neoded to niako room for tliia roform. It betrayH areally childliko naiveto to flnd in tho civil-tíervico progtamtne preueuted by Gov. HaycB iu hi letter of acceptanco au earnest of tho moral courage requisito for ita execuüon. Tho same sort o! moral courago was ovinced by Gen. Grant and the Itopublican party in 1872. The formor expressed tho ame viéws in his meBuago and tho latler in it jilatfürua, auu yot the wiliewt amoiif; tho Itopublicau loader wore not iu tbo least disturbed by them. Gov. Hayos, aB íb noli known, owe"lii nomiiMtion to a compromie betweon Ooukling, Morton, and Hartranf t. Inunediately.after tho nomiuatiou he hatitoned to reconcilü the deíeatod followors &t líluino by an exuborant telegrapliie dispatch tp tho ttter, and if anything can incroaHe tlioglee with which JIr. HayoB' letter of aoceptauco has ü)lc-d these Republican loador aud their adherentH, it munt bo tho oxtremo nsiveto with which nomo of tho iudojroudent frieudi of roform, whoso integrity excludetj tho auHpicion of liyi)OcrÍBy, took their ansuraticeB of Mr. Hayea a acuarahty of the execution. Wo aro williug to admit that Mr. Ilayee íb as earnest and Buicero iu his promises aa Grant was on a former occasion. To rogard President Grant astlie only obstado in the way of the Bucceas of well-meauing ltepnblicans in the reform endeavors of thoir party, would bo a grci'.t over-ostimation of the lH'i. Ho was the mere tpol aud not tho gn at munter mind of tho corruption vrliich uuderniinea our public Ufe. llis rctirement will leavö the main elementsthatcontrol the llci)ublioan party entirely unchauged. If Mr. Hayes wero elocUd, ho would, no doubt, boncíit by tho ad oxperienoe of liU predeceesor, and not tolérate individuáis liko líalcock, Boda Sbepherd, and othera of that tripe about his perflon. Jiut to exoiciae a reformiug control over the enliro party requh-e au ability, euorgy, and tonacity of purpose, no traco of which can be dotected in tho paat public lifo of Mr. Hayos. Wo do not kuow whother Gov. Tilden, if elected, would succeed in oliminating the bad e!omonts of tho Democratie party, but (ho couraee and fkill which lio has didníaved in ing :io utrongest and mout ihmgeroua Ringt justily the expectation that he would be more successful in tbi work than his rival. But on tho wliolo wo may Hay that the atteinpt to baso the resnlt of tho approaclmig Presidential eloctiou upon ñome detaohod paragraphs of the party platform, npon insinnatiouB against the 0110 ind presuppoHitions regarding tho cllaracter of tho other candidato, or upou eome phraBCS in thoir lcttei'B of acceptauce, is puerile and unworthy of a man like Schurz. It rcmind us of a yomig man who for years had boon eugaged to a girl, atudjiug carefully her cbaractor, her virtuea and wr;iknc-aa, and then snddonly slandoring her on tho very day fixed for the iniptinln, becaueo - he did notliko hor nose !