The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1869-04-19
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OAoGIS DalAI NEWSPAPERS OF TH1
OITY.
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Views s'of"senator sprague.
: From a long account Of an interview lev > wit
Senator sprague, of Rhode Island, whic
appears in the New York Herald, we max
the following extract: gZ,LEGT s.sgE0
- People Say, Governor, that they do nc
comprehend exactly, what you are drivin
at. Some insinuate that. you are biddin
for the Presidency others that. you wan
10 cut loose from your party, and still NOR
crazy" uhk H>ha IisIGT
Hold ,onl'' exclaimed the Governor
"let me answer the last charge. Yes
am crazy--crazy, as every, refofmer ba
been since the beginning of the world. Re
cause / refuse to follow in t,ne rnts Of tba
set calling itself the Sepzte of the United
States the cry is rsj1ed ut once, sOb
Sprague is crazy / will: let them kno,
before long exactlJ how crazy I am q i sn
not bidding for che Presidency, either. I
1t were offered to me TOMORROW q shoult
only take it on conditions Of being q
liberty "a kick out Of the White Hous,
every ofhce-seeker that dare come into it
NOT man should be, appointed undei
me to Office because he was this man.
friend or that mans supporter. T would
have an incorruptible board of. examiner
for every Office under the Government, anc
no mon should be appointed unless hs
shove the proper capacity to fill it.
would disregard party altogether, and pu
o'1ly the best men in the nation in places
OF trust ;sbut as know such condition Of
things can never be attained, the Presi
dency is not my ambition. Neither am
about to'cut loose from my party and at.
tach myself to the Democratic. Both, as
parties, are rotten but I intend, to, build
up new party, in which politics will have
little to do. My party will have for its one
grand principle the reform of our finances
the rendering Of money cheap, the reduc-
ton o. taxation, the elevation of the work
ine classes, the protection Of labor, the i'm
provement of our cotton, agricultural, COM
mercial, and manufacturing interests in
short, the making of this country really
great, strong, and prosperous. All your
talk about the niger, nigger suffrage,
State rights, women's rights, rebels, &c.,
is only fit for these old grsnnies in Con-
gress.s Where is our shipping at this mo-
ment? Who Of those men pestering our
ears all the time about reconstruction
rebels, niggers, &c., has ever lifted his
voice in favor of the broken down commerce
that was once our pride and glory? I
tell you, sir, these men would drive this
country headlong to the devil in their greed
for power. This country to-day is intrin-
sically weaker than any on the face of the
globe, not excepting Mexico. Now, let me
explain; but first let me enlighten you
upon the purpose Of the speech, the OPEN
ing one Of the late series / made in the
Senate. 1t was necessary l should draw
tie attention of the people to Congress to
invite greater attention to the speech I
made upon the finances and the bill offered
in connection Herewith. I began by
skirmishing, my objective point being the
great national curse. My
scheme was no hurriedly considered affair.
For three years I have devoted my mind
exclusively to this subject, and you will
find, if l am mad, there was some method
in my madness, after all. You saw how
that first speech awakened thrill of inte-
rest throughout the nation. There is some
Of the evidence (pointing to bundle of
letters). Now, if had made my proposition
alone, without any preparation Of the public
mind, it might have gone the way of all
like propositions. Ihold that the Treasury
is the root Of our present evils. Forty mil
lions of dollars, we will say, are received
there this month. This money comes out of
he pockets of the people. One man whose
.axes are large has perhaps to borrow the
money at high rate of interest to pay his
to the Government. That
money gets into the Treasury, and lies
here boarded up for a month or six weeks
without producing e particle of benefit to
he Government or the people. Twenty
nillions of that amount, we will say, are
oaid out by the Government, and twenty
Millions remain. The market in New York,
where the capital Of the country is CEN
rallied, is declared scarce. When money
8 scarce those who have the least put their
tocks on the market at a lowirateto induce
purchasers and procure capital to carry on
heir business. There is always in New
York class Of spectators who buy up oil
uch stocks and wait for the favorable
imc-next month, We will say-when
he Treasury, in place Of $4,000, 900,
,ays out $50, 100000. Then money becomes
abundant, and these stocks are rushed III
,pon the market, and the gamblers make
heir harvest. You see there'is no equii
,rium here. Our money market is ell the
ime fuctuating, influenced by that vast,
corporation, the National Trea!
ury. Then, again, all kinds of stocks are
,fscted in this way. Lean 9go into the
market in New York any day in my busi-
less, and by the process that obtains there
mash, bymy superior force Of capital, the
mall dealers that venture competition with
ne. The whole country is affected by this,
doneys is entirely too dearsgThe cotton
,lanters at the South pay almost. st.twenty-
i've per cent. for the capital to work their
England is the chief market
or cotton, but she is every year extending
Ter purchases in India and Egypt, and
inally, by manipulating the markets, she
Fill damage our cotton interests at
he South irretrievsbly. Agricultural
interests suffer in the same manner
rom this dearness of money. England
sill, after while, buy less of our agricul-
ural staples. Capital is too dear, the cost
( transportation too high, the taxes too
many and too crushing, for, our farmers.
anne way; With the manufacturing inte-
ests. Twenty years ago our firm in Rhode |
sland was one among twenty little ones |
low we have the whole field to ourselves.
'ut then we crushed out the others, and
re now engaged fighting the big fellows,
nsil finally New England will have nothing
ut;s small aggregation Of enormous mo-
opelies, welding q power dangerous to the
tate and to the liberties and happiness Of
aa. nennle. But think of all that money