, 1873-11-04
The Resumption Of Specie
Payments.
Arrival Of the German-SiIver Man---
Whats Half.a-0ollar Amongst
0ne'7
Tho Bank is but tho Guinea's Stamp,
Richardson's tho Man for
O. That.
Nitrate of Silver Currency.


From Our Opn Correspondent
WASHINGTON, Oct. 20, 1873.
"Now. don't you tono gone hoard 1t, tell
you, John Hcnry1 Now, don't you done gone
hoard dat sllvorl J1lss you tako 1t home IN
show it to your fador, au' deu lay II ont In per-
simmons; TO- tho soorumtory says yo' must put
'cu, III suckumlatlon"
So quoth tho great boes-watchman rs he gave
silver quarter to Ills boy this forenoon, on tho
steps Of tho TreaBury.
.'noard it 2" auys tho boy "wlat do yo
mean7" ....
"Don't you 1ono gono hide it. It's give yo',
boy-a, to resto' conflonce."
allow kin II"
"wly," says old Cuffy, scratching his spec
tacles with hts thumb, "wly ali, giye It
nwayl"
Tho old man went back 10 his scat In the big
Treasury pile, blowing very hard as If Ills full
duty had beon discharged. Following him in,
wo boheld sceno novel aud somewhat peculiar.
sigu was stick up to tho effect tllat tne clerks
would be paid IS odd III hundred and wore
expected to koop it moving. It was especially
givcn, as tho placard explained, to add to tue
feeling Of confidence, aud fau,illarizo tho public
with tlo novelty OF itself, II may 80 express 1t.
THE soENE.
Two small sackB, abuut of tho size OF SILT
bags, such as used to sell for 25 cents whom
,1aa III lie grocery-buRiness and tho tariff was
down, stood on The marble counter Of tho Treas
ury. Guarding these lttlo sacks were several
Btalwart policemen looking Cog and Magog at
you, nj If they wore Yeomon-Wardors Of tho
British regalia. There was d kind Of foolish
look about tho clorxs inHido tho long glass bar,
md thoy woro rocprocatol by tho crowd OF
ialers in front. Tho worry recipients Of tho
money looked ridiouloulous receiving 1t, and tho
Paving Teller was fusterod. This was the ro-
sumption Of spocio-payments which Richardson,
tho Secretary, had entered upon Immediately on
being Impressed by President Grants views,
The Secretary had announced 1t in an official
circular, md thcro had been as much stir thore"
about rs the poet mnde in announcing his bucca-
nccr character In :" "Rokeby:"
Columbia heard It through hcr States,
And opened wide her silver gates:
Rcll Mcxtco 1t had passed through.
And eackcd Tho splendors Of Peru.
Tho room iii which this perf0i nance was 60
ing Oh ia the great showroom Of the Treasury
Building, lined with polished marbles in yarie-
gated colors, and adoracd with screens aud fur
Mitnro OF rosewood Since William E. Chandler
Ind his name cut III the marble walls under
Hugh AlcCullogh'a, thore has boon no Huch con-
tcmptble bullebqno on the Public Treasury Of
great country. Richardson himself felt the
farce upon him, aud slipped away 10 hs inner
Eanctum.
a1Enn1MExT.
Last night tho bar-rooms had signs stuck up
to tlis effect: "Couiideuce Rcstorors. Try q
6hnndygaff. Five cents iu Hpocie given to every
caller ut the bur, on condition that he keeps it
moving"
It appeared by the evoning-report that fifty
persons in the United States had received IS
apiece. This is just 5o40, 100000 or 1-S00,000
Of the population. As Gen. Grant expects q
generous party to oloot him long enough TO vim
dielto his policy, he wil require. just 2o, 900
~ by tho end Of TINT period, il lo begins now
md is good student, le will have some idons
on finance. But tho public opinion Of his most
obtuao supporters was expressed in n newspaper
office yesterday, when IN old fellow who has
three SONS in office said:
"1neyer expected to own up to it, but thore's
some derned fools around tho head Of our Gov
ernment."
RICHARDSON AND BOUTWELL,.
The prosenI Secretary Of tho Treasury ia by
no noanR the sn,allest potato in the Cabinet.
although lie would ba the smallest Banl-prcsi-
dent YOU ever haw; but the mighty responsible.
tics Of his Office dwarf him lower than rotirod
A little Probate Judge, ,and not good at that, par
ticunrly, in tho Village Of Cambridge, Mass, he
had but one connection III this world with Fed
crul business. He gave bed md breakfast,
well, who rewarded him with q place in tho
Treasury. When Boutwell,. at his trade Of
politician, passed up to that eonato where
ho had delivered his Hoe.in.tho-sky ora
Office to press that Richardson DO put
in it. Tic Probate Ju1go OF small village, by
tic moro chanco Of association with q popular
politician, is thus the First Lord of tho Treasury
aud which enjoys tho confidence Of Europe to tie
extent Of tit SOC, ,000,u00 Of gold Investments.
Hns Mr.. Richardson ever written chapter on
Finance, or boen quoted among tho solid mon Of
coinage, or political economy Yet thore he
sita, onabodying High Lifo Below Stairs; and the
only piece OF dignlflad work le has done is to
suggest for one Of the official organs that his
belief ii President Grants positions recently
cuunciuted.
THIS il apparent by the story OF the mans
humble lifo md by tic clerical docility with
which 10 leaps to carry out the Presidents 5un-
lo Ia al old c!nrlt Of court, or more respectable
rahor to q bunl;iny house, sucl. Us Abraham Now
England in 17as rrd it took him thirty four
years to become Cs.,lior, which otlico ho filled
thrty-Avo yeara, ind acquired fortune Of
SG50,000 IN tie course OF sixty years feithful
service i Is related that f9r tTentyyo yeaIs
years Of Blcepin the Treasury might do Bomo-
thing for tho present Hecretnry but, as the mat
tor atanda, it would bo cheaper to pay him the
:G50,00D III advance, oil iu coin, and discharge
him, with instructions not to hoard it. Noth-
ing, however, in adapted to mako men hoard
money lkc futile and foolish farces III all Rich
ardBonB have been, from buying honda aud
Issuing Hilyor down to breaking this lnws Of Con-
grchs and setting aaile tho dcc1oea Of tic onltod
States Coults,
II he remains Iu tho place 30 long, Congress-
ought to declare that it Las no confidence in is
capacity, as soon nj it meets, and ask tho presi-
delt to communicate his roasons for appointing