The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1869-03-05
vel as the return to a specie Sasis AZ soon as

we'll as the return TO specie basis al soor as
1t can be accomplished without material detri-
ment to the debtor class or 20 the country at
large, must be provided for. To protect the
national honor every dollar of Government
Indebtedness should be paid In gold, uniess
otherwise expressly stipulated In the ontract
Let 1t be understood that no repudiator OF
one fnrthing OF our public debt will be trusted
in public place, and II will 60 far TOWARDS
strengthening a credit which ought to be the
best In the world and will ultimately enable
us to replace the debt with bonds bearing less
Interest than we now pay. To this should be
strict accountability 10 the Treasury for every
dollar collected, and the greatest practicable
retrenchment In expenditures in every depart
ment of Government.
When we compare the paying capacity of
the country now, with ten States still in
poverty from the effects war, but soon to
emerge. l trust, in greater prosperity than
ever before, with its paying capacity twenty
five years ago, and calculate what 1t probably
will be twenty five years hence. who can
doubt the feasibility Of paying every dollar
then with more ease than we now pay for nse-
less Injuries? Why. it looks rs though Pro-
violence had bestowed upon US strong box
the precious metals locked up in the sterile
mountains Of the far West-which we are now
forging the key to unlock to meet the very con-
tingency that is now upon us. Ultimately it
may be necessary to increase the facilities to
reach these riches; and 1t may be necessary
also that the General Government should
give lis aid 10 secure this access, but
that should only be when n dollar of
obligation to pay secures precisely the same
sort of dollar to use now, and not before.
Whilst the question OF specie payments is in
allegiance, the prudent business man is careful
about contracting debts payable in the distant
future. The nation should follow the same
rule. A PROSTATE commerce is to be rebuilt,
and all industries encouraged. The young
men of the country-those who, from their
age, must be its rulers twenty-five years
hence-have peculiar interest in maintaining
the national honor. A moments reflection rs
10 what will be our commanding influence
| among the nations Of the earth In their day,
spire them with national pride. Alldivisions-
geographical. political, and relisious-can
join in this common sentiment. How
the public debt is TO be paid, or specie
as that plan should be adopted and
acquiesced in. A united determination to do
is worth more than divided counsels upon the
method of doing. Legislation upon this sub
ject may not be necessary now, nor even adj
visable but it will be when the civil law is
more fully restored in all parts of the country
and trade resumes its wonted channels.
1t will be my endeayor to execute all laws In
good faith, to collect all revenues assessed,
and to have them properly accounted for ana
economically disbursed. will, to the best OF
my ability, appoint to Office those only who
will carry out this design.
In regard to foreign policy, would deal
with nations as equitable law requires in.
dividua's to deal with each other and
1 would protect the aw-abiding cti
zen, whether of native or foreign birth,
wherever his rights are ieopardized or the
flag Of our country floats. would respect the
rights of all nations, demanding equal respect
for our own. If others depart from this rule
in their dealings with us, we may be compelled
to follow their precedent.
The proper treatment of the original occu-
pant of this land (the Indian) is one deserving
of careful study ! will favor any course to-
wards them which tends to their civilization,
ChristianiZation, and ultimate citizenship.
The question of suffrage is one which is
likely to agitate the public so long rs por-
ton of the citizens Of the nation are excluded
from its privileges in any State. 1t seems to
me very desirable that this question should be
settled now, and l entertain the hope and OK
press the desire that it may be by the raiiiica-
ton of the fifteenth article of amendment 10
the Constitution.
In conclusion ask patient forbearance one
towards another throughout the land, and q
determined effort on the part Of every citizen
| to do his share towards cementng happy
union. and l ask the prayers OF the nation to
Almighty God in behalf of this consummation.
The morning was rainy until II o'clock,
| when the procession, which was grand sue
cess, commenced moving.
| The city is densely crowded; and this morn
| ing the thieves attempted 10 plunder the pas
sengers in the street cars, but after 4 severe
| fight with the police were driven off, and some
Of them captured.
After the ceremonies, General Grant repair
| ed Immediately to the White House.
| President Johnson did not occupy the place
| in the procession or ceremonies assigned him,
| but remained at the White House till noon
| signing bills.
A delegation from Alabama was the only
southern organization in the procession. =
r. rotI "a 81
steps, and was considerably injured.
| On reaching the White House, General
Grant received the following telegram:
| "BERLIS, March My congratulations or
| the solemn day. BISMARCK
| The utmost good humor prevailed during
| the procession and ceremonies.