Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1872-09-27

particular corner, but preventing corners IN
future, rendering them impossible, or, at all
events disastrous, to their cOntrlVcrs. NOW
am supposed to be n man of isms or, what is the
word " a man of hobbies. On this subject some
men imagine that l am a very furious deman-
der OF immediate resumption of specie pay
ment, NV OPINION was, years ago, and have
seen no reason to change it, that when we nave
S125, 700 OCO in the Treasury, mainly gold, and
when we have arevenue exceeding the necessary
OUTLAWS of the Treasury by more than 800, 0O0-
900 per annum we were then in con-
dition to resume specie payments that if
the government had chosen t. say we will
resume, taxi Onr greenbacks, and we
receive them as gold, that there would have
been no difficulty in making that resumption
under that state of things. l have seen the
Bank OF England resume, have known Banks
of our country to resume, upon very much
smaller proportion of available assets to habll-
tiles than the treasury of the United States had
at that time, that it seems to me to be a per
fectly feasible thing. But we did not resume
mainly because people, mean the business
| people; did not want to resume, and that In my
| iudgment is the reason that will operate just as
| well next wear, two years, five years hence, as
| it operated then. 1t is my judgment that we
| are not likely to resume L don't know when,
but in any near period OF time, then L essay, II
| we want to resume, we need all the revenues we
had then, and we ought to have husbanded
| them carefully, but if we were not, as you ana
| know. we were not to resume for a long time to
| come. then it seems to me the business policy
was required of the government, that is, to pay
out all its gold all its treasure beyond fair work
| ing balance, reduce its debt by so much, stop
the interest and leave the gold and currency in
the hands Of the business men instead
of boarding it up in the treasury to
make one of this periodical (the conclusion of
this sentence was drowned by applause but
[ am not a dog1natist, and do not pretend to
nresent this as a matured and settled cOnciu-
sion to what i do here ask. What ask THIS
chamber to originate is an enquiry and inyesti-
cation bv men of business and capital as to
where the proper remedy for these disorders OF
which l speak is to be found. Let us be calm
about it let take time let US investigate
slowly, carefully, and let the business men OF
the country come to a conclusion as 10 the
| proper remedy-not for particular disorder
! ofto-day but something which shall he pro-
lection against periodical re-occurrence OF
these disorders this is what 1 would have the
business men of this country O'CLOCK at the
matter as a disease, not at one particular SYM
| TOM and determine just what and where is the
remedy venture to say if men who compose
that remedy is they have behind then
the press of the country, with scarcely
an exception, and aud the public sen
timent of the country. And whatever shall
seem tos them, after mature deliberations
, after careful diScussion-the true cure for OH
financial disorders and danger will be accept
, ed by the general judgment of the country an(
carried into effect. This is all, gentle men, an'
with these few remarks [ thank you for you
| patient attention. [Great applause.l
After the conclusion OF Mr.. Greeleys speech
: he was escorted to the vestipUle Of the hall
5 where he took large number by the hand a
they filed out. lie thereafter proceeded {
the hotel, whence at half past one O'Clock h
was escorted by the officials, Mayor Baker, &
CovingtCn and others, with band of music, t
, CovngtOn and Newport, where he was pub
licly received prior to his departure for Louis
! Vile. The streets we're thrOngcd with peopis
and he was received with cheers in many place
along the line OF march. During his stay b
received many friends and citizens at the Bul
= | nett House.