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Show THE LETTES3 07 TIlDEIT AND HENDRICKS. The letters of acceptance of the democratic candidates for tie presidency presi-dency and vice-presidency of the United 6tatea are now befora the people. They are both elaborate documents, atating clearly the opinions opin-ions of their authors, and are mainly devoted to the discussion of the financial finan-cial topics with which the St. Loui- , platform deala. There is a substan tial agreement between Tilden ani Hendricks on these questions. They both favor a return to specie payments pay-ments as speedily as it can be realized ' without injury to the country. The j both favor the repeal of the 1S79 re sumption act as an hindrance to practical resumption a shadow put forward in place of the substance. Governor Tilden's treatment of fioao- cial subjects is clear and positive. H. applies the same principles to national nation-al finances that prevail in and govern honeet and sensible business men. The country must live within its income in-come to be self-sustaining, to pay iu-obligations iu-obligations it must reduce ilt expenditures, and to lessen its :nt- re.t burden it must im prove its credit, ltieie proposition-arc proposition-arc too self-evident to need argumem to sustain them, jet in practice the have been avoided and overthrown i during the entire life of the republi-;an republi-;an party, until, 03 Governor Tilden says, the Mpenscs ot tho government now exceed the profits of industry, and the country is gradually ap preaching a nbttc of bankruptcy. Governor Hendricks does not Ui&-: Ui&-: roas the financial qucMiun so elubor ately aa Governor Tilden, but hi; statements are equally explicit "Gold and silver," ho says, "are tin real standard of values, and oui national currency will not bo a p r-feet r-feet medium until it shall bo convej-: convej-: J tiblo at the pleasure of the bolder." In this sentence Mr. Hendricks ac knowledge the potency of silver as an element of otir financial Byaton, j wnich the republican parly bat ignored at the expense of the count r ttDd as a tribute to tho holtlora of tin national bonds. II dtniss thpi specie payments can bo reabel jn harmony with tho intcrosta t.l He people by artificial moasurcs for a contraction of tho curroncy, and ho expresses tho belief that "by putn c economy, by oflicial retrcuciimcnts ' and by wise financial legislation ' snabling us to acctimulrtte precious metals, that resumption at ari carlj tly in powiblo without producing any arlilicial scarcity of currency or drs turbing the public or conirncrcia' - crIit." L'pn Uio questions of reform in tin govern rn en t, civil scrvico reform Coolie immigration, common schools and other topics of the platform, the letters are explicit and manly, and Itiuve no doubt as to their meaning; but to tho popular comprehension, tho presidential campaign may be summed up in a single word ciianuk the neccs-ity for which will influence- the minds of tho voters to a ureater extent than any arguments on finance or in regard to particular measures of government can do. The country is btiflcriog, bankruptcy is impending from some cause, and the people will atnko at the administration administra-tion and the party responsible lor it as the readiest method for bringing about a new deal. It is hardly possible, judging from tho political history of tho past, that they will suffer anything to interfere with this opportunity to give the quietus to the organization which is held responsible for tho national misgovern m en t and financial sufleringunder which society is now laboring. |