The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-10-08
The Cause.

aSQi.. ItEptn. fic WIS Iti1tNt 't h'e"J
and wide Of the mark in others.
Senator TnugMAN ran into the old rot gene
rally followed by elderly people i'll comment
ING mon financial crseS-viz., that eStf"'a-
ranrc is at the bottom Of financia! prcssufe'
tina, ucor!c are living too fa>:, and eating up
their substance by fine dressing, luxurious
eating, ans, fast horses. Such spccnauons
are gratifying to men of plain habits, oio-
fashioned notions. and ,ray'r0rd co"Sts'"-
,;oaul scrupics. Dear old fellows. Thev are
mos; excellent people; hut they hurry 10
conclusions guided by prcjudIres more than
hv cn!iyhtcued Judgment.
senator THURMAN says we have been
borrowing money from Europe to pay our
debts. That was simply receiving money
Upon our estate. and we have been living
"upon that borrowed money, and living
=. as men do who never thought that there
would DC day when payment must
come"
Tni, is a great mistake. This borrowed
money did ~. 20 10 the purposes OF lI''nG
except through labor-thc wages paid 10y cor
roratious borrowin" it for labor upon great
urhlic works. / is not chargcablc, then, TO
.,..-,.,,,,>, ,;,;,o. l,,, If +, any rxtraya-
,,l .,.,,.,o,o,, r,;,rood-buildin". II
thee ha, been cX,raya@lncc III that respect
:, j. m ,y,rayarancc that will perhaps Go
..,,,.,,,,. t.,. ,,,r., ,h,n rx,raya~,oc, in
,,,,.u,,m- t,rn, r,. we have. thc railroads
,,..,,, 80 ,..,,,,,. L,rrou.,I and ,;,cy
,.,.r.n ,.,. NANNY ,x,cad.l pnor
u,.....:.,. ,.>.,,~.,.,u,r,r nav hn excessive,
..,.... .,,,,I,,,.c. e, ,,c,, urc>,,,rc,
80, ,.,,,a,. '.,.,,-, ,,,,., =. onI ,,h, ar
.'[... ,.,r..,...l ,to,,, :, ,lo;.,,,,. # n,.,.
,t,,.., .,,,, ,.-r,.;.,.,t -, ,hcir ,,rourr,y in
..,.,,;r,in- .,,,r..,.o..!E. ;i>ir~ and desires.
.,.. ,D,,r.o :. .r,,, r,,n and e others !rv
,,r,, ,,,,.,,, rr, III, ,iry are also soon
,,.,,,l,r :, ,Lrs,. ,.,,,.,.. ,,uuo; account
.....,,, financial ,,r,s-,,r, ~ ~. uutio,.
~. 10 .,o..,,,,,, f,. ;,>i,i,,r,, .nir--,
,.rd,,;,, ,.,,;..,, ,,,n,y. n,t rrrh4t check pt.t
,,.,, the ,>,rlyaYu,;.c OF the individual.
~. !, prevents il IRON, affecting ~oc,c,y.
,.,,,..., a., r,;,.,d ,,or.,, ,,,,-
,,.:. :. .,,.,.,,,,..,,1 ,,,t-
49,. ,.n., am. fac. ,ir ,im,. historians.
Thcv rcc;,e ,yi,st used tn he, and what no IS
j.. an. draw their contrasts ALWAYS tayorahy
- Tin. DAYS and pcopie of their ynu,h--a
ino,t cxc,,saale conpiac ncy, characteristic Of
every age and every lind. But such dis
courses hay" no elect. lhcE c''I,e no
changes. and make no imprcS>lor save that
-: Kind telling for age and charity for p'Ju-
dice. The girls go on d>pia, ing their lnery
and practising their arts ut charming. ana
tn" boys diSror' Themselves IN gay actioh>
and free expenditures rs did Their ancestors
before them. The SAME Sprlt under dlflef-
cnt forms Is shown i'll every aSe-each ac'
commodities Itself 10 circumstances. Youth
j Away the SAME. Old age, too, Is consist
tNt i'll r"provlHg The excuses ana loliic> OIL
youth, Which, from experience, 1t has found
l" be. after all. but vanity ans FeNatloh VI
spirit. Society must nave them poih-Doth
tE' ~ Indispensable lis thty are 'he'l'apie'
oid az" hands Inc relh> 10 so"'n Win a'ec'
lure thai never 'il'> 70 mitigate tue u'>ae'ei
"h''h "'" "'N'''S J. S"'' ~ "i''e
But what i the cause OF the pane II me
old mans account oil II he rejected: IL i
extravaganza III public ehtcrprl>cs-tile 100
:apid absorption OF money III railroads ana
pubic works generally.
This va. stimulated uadulv bv the Gov
..r,,rrn, AZ MIR. TBrHsAy Justly SAYS. Large
..,;,,,,. ~ ,,,,,,i. lands and direct aid of
h. Government voted 10 party lnvol.cS and
,.,.,,,,,,, rim. npcp,d the WAY 10 the
aims. n,,s of n,iIIiuns lv individuals. These
,..,r,,,,, ..i,t. q, pub,jc prcpcrty were voted
,,. ,,,.;,,,. the y.,r and Immediately there
,l,;,,. ,;,a .r,,c .nuthrrr statesman WAS
.,,..,,,t ,,,,,, rho u,,;,ua, co,ncil.. But tllc
;,I;r;lu,r thrift, tl,o, flowed from tin. med
.,,,... 81, - .,,r,r,, r,urrc,, ,rrurd the
,,,,,. -, .,..ul,,nr> and .un,udc,ed y Sys-
,, ,.,,,ro,d t,,rc;.r;no which WAS thc
,..,I .,,,,.,, os .,o ro,ent ,lca1.lock IN the
,.,.,, .r1 ,,,o :. ,.,rrc,cr famine "
,,,> ;,,o,,,,;a,,s;,. .,r,.d
...,r.,,
h'ohe'> '.,"''', ''">'' "s,,'~'a>,,'1
Ieil4'>'hS IAN ',," >''i'i "''',
them ho' oll'H INC 'pp'''''''' ~, q ,, WV
'b'e S"n2e' 'o' 1't "o'''''''n7 '''' NEW
II treat u"'lhc's' Enoi ii''o> HUI .'' Wv"
loans secured ps coi'''eia'> 'cn'P''0 ''i.n ~
ending Ialse "'''o''"'' VI ''1"''' '.','
2i''' p''H 81 ''o.'' -,