The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-11-24
;,r yr;,o ;a>i. ac u National Currency

-.,s. d. values, ihcn must there he in vaults
Pc. ,,;t.~ al amount equal 10 all the paper III
.a,!ou. \ single note, going from hand
.. .,.ot. which has not the full measure OF
. PROMISE IN specie in the treasury that
..~ i. i a deception and \ lie. such for
- hi> been The language OF the govern.
aM generals. the orators and writers,
.s .,c nrA>, hI> been that they arc " hard
...o., men, such men institute cumIuli-
..... H.iWCcH our present currency and that
.Nrmsr Nlar-. which WIS supposed to
.. ..>,.ut specie safely stored away in
lis. tut Who believes that there has
.r. 81 >JH,ic hoUr since the declaration
iIIupculcnc" in which there has
.s.a suiHcicn: gold aud silver in the
';y 10 redeem even a moiety Of
~. notes IN circulation. The men who
~. ~f loudly about their hard-monev /"
-.. -, ani are 50 fierce in their denun-
.... ou. legal tender. charaCterizing il
g.. o" "Fn@ currency" We'll know that ali
.. .H.y, banks issued notes greatly in ex-
-..i -, specie IN Their vaults. All these
81. .r>. ggga.dtu& ~ The nomenclature OF the
.lHn4,y men. were circulating lic>."
reader mll>t not misunderstood us. We
g.. .. u..an> thus characterize our green
."y have performed good ser
.. / heir l>,uc tormrd Il new cTa in the
..-ry ot Tic republic. They soon became
s.-uIt,u- national pledge that all the
q. m.... ~. i,a,. and personal. Of every patriot
H.. a.. ..ua should. il necessary. lie sacrificed
muuctiH and preserve the Union. The
.;rn. through is representatives, pledged
s. . u@'g al! rc.d and personal properly for
redemption oi The currency. bul the best
.- bead, heart. and hand 10 make it
.. - - The best cGrrcucy of the most en-
ned nations OF the earth.
A .t4 the cNl:.cnCi"S OF the p1triotic
. r--.c % save the Union had well nigh
..plyd the Treasury, and, indeed, the en-
$50. rriul.ic. al al lis gold and silver, vari-
IS pans wcrc suggested 10 furnish mcl-
... q y,lCr TINT should be IN exponent ct
u.,!on'> wealth. Men Of large experi-
IN financial matters suggested the
II" ui lIc patton, credit TO European
~ k.n. in order to borrow several hundred
..au9- II gold. Tie Hon. Il. J. Walker,
,.." tn. secretary ot the Treasury. In pri
,..5lf.e"~-ioq win his personal friends and
..tHs... Wv-.i this IT, The bc.t policy for
s.. G4Nrrum,n; 10 Sustain itself and 10
.s.@- r,aca aud prosperity to the iaud
Il sit. Waikr. Subsequently rccon>idered
. - Li- uI~ ni>c>, arguments. and conclu-
IS" have been fully assured by a dis
.-'r,1yi personal trIcEG oi his 10 whom
. l4f'a.!N ccuiiru hi, NOR mature re-
iru.a..n pyirot" and pheasant uiscu sion
a H. ,r.-n! Gi NJ. Walker we expressed
..r ra.y great rc-rpt that Er. BoutWell
.r - much time and money IL selling
.;@ il Europe, when hy making then
..,,..,..,ro..- -,,h. with gry.nbucks 80 l:lr:-2 a
a I..r.,
-. in rul~ country, be remarked that the
.,.. ~. advocated had been suggested aud
,a;..iy advocated by Mr. Walker as supc-
,-to any. in hi, opinion. tIut had ever yet
.-,l U.1ac4ci.
"a furnish these facts as proofs that dur
.- t.r >ptcia! cXi%cnries Of great nation,
liz, tor unity and existence, patriotic
H..n II various shades OF political op!nion,
.. .uu yrry different >tandpOiuts, often
...o similar conclusions on vital plans
.. ".ti.u.
>n.u,..-1 fer wears tho New York ;Ierca1.-
. -..aai h4>. IN nearly every issue Of a
..... rircuiltti paper, urged the feasibility
.. s.s.r,>if, Of making greenbacks and ma.
-.... bonds INTERCHANGEABLE at a low rate of
-.....-.... yat tn. mon who ought 10 have
...., i s,a.,;tl attention have scarcely given
H.. >l,gi,c. q l,a.>iuc notice. How welded
nap An..1,na - e,,1 theoric, How few are
,,...r,, +. ,!iI an lYnt,no,yD seaS in search of
.. y wrrl8, however clear the reasoning and
:..a conclusion, that honurs and treasures
..,.it tie Successful voyarcr, But when
......,.. ..n,.,pri.;nt- Colrm5rs riycs 70 the
+..r.l .,n ocular demonstration Of the actual
,.i..t,9.... ot ,,nnrinr Fl DoraGo then in
.e.. f,,,:y,,iop even of these who threw
......,s i,,.,jble obstacle in the way of The en-.
..#4fl>r the result is no proof of careful,
.. .-g: study. rood Indictment, or uncommon