The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-11-20
Rictmond 1ispatrl.
THURSDAY. .....NONEMBEk ~ 1910
The National Water-Lines.

The Now York Times. which has been en-
,eedingiy liberal and arprcclatl'e 'o'i'e' :"
ing the proposed central water-i'hc 'hi'o% ="
yiro;ni, 10 the Ohio river, has now sign'h
,.,,t article upon the tscct of the prospect
.;,c ,cnori of the United States Senate e"'if-
mttrc 90 Transportation. II inc'ln'S 10 ''''
orinion tha. the report will urge upon '"o
;tyor 81 Congress three lines oil Watc'''i''H
sortaticn-vix., the Erie canal. the .c'l''''
M,1cr.hue through Virginia, and the snort
>,nal connecting .Ic Mississippi river anu '''
Gulf Of ,iexico across the narro" neck u
,,,a II 81 philip. This has been frequently
.,o,.d IN hc .hc conclusion so when the COM
,,;ttc,. h4f> arrircd,. and has not been con-
iradc.cG.
RI. TmrS does not o..Nci TO this ultima
,nn Of The lookcdfov report but II seems
- have been staggered by an econoaitai M.
and winds up its reflections on The 'Hl'-
cy, with All economical lecture. ii CON-
,nn1s that the works in question may DC
,,,s,.,n,d for a while. that the present
trauciaI cnbarra>> ment> should warn lhe
Government against undertaking projects
,,.,, ;nyn|yr an immense expenditure.
Y. rcret that the TnneS is suddenly
a,,l;ctcd with such lit OF economy, ana 'hc
more especially rs it hts been rcS'r"eo IL
t,,, >,mi.othyiaI organ of The ADMINISTERS
ron.
We do not ste the necessity Of This newly
,,r,;;trs,cd caution. The pressure OF the day
.-,"uof in Tie nature of things long cnourc.
mi. country i too great in every sense. ana
IL, proI!c TOO energetic and cnterprlslng, to
hr nE- obstruc,cd by a money pressure ana
especially 10y such Il one II wc now nave
which i The result of Il currency iimiheaid
di>srli,. amongst the drpo>tor. i'll saving,
ac6 ot,rr banks. II is the lnerc>t temporary
affair. and will he altogether forgotten III
trW months.
Ell; WHIT il the true policy OF Govern
rlant ~ :, time Of di>trust from transient
,.,i;,,,: 10 prove il own faith III the coll'-
,.., auu lC,titudc of the people and the I'M
..<ymp',I national resources Of the country
~ puiS,,in" lis plans for the general Wei
y,,r and national ay-randizcmcnt rs Though
mabip. hat; happened. That Is the way Ia
died apprehension and INSPIRE conndshc'.
GuyyYnmcnt which. on the contrary.
hru,!. before Il temporary storm ana lof'i!l,>
i,,rf ~ il to resist siege OF ten Years uu-
ration increases the apprehension, winch Is
In. main ,ausc Of the scarcity uf money. and
binds TIGHTER the bands which ltticr enter
,u:-t. This would he the act OF Il tln!d ana
,ucaIahlr Government. Ii wcu!o spread
ai,tlu>t instead of di>ptling It. and heap np
weight upon that pressure. which boldncs'
and faith in this land and the people. as we'll
~ il OVID ruiicv. would lit up and throw
OF entirely.
We dcplorc y inlidiiy in the matter OF On
1nvmi,ts lorlhc "rnrlul welfare and the pro-
motion Of HE power "t the nation Ill lhe
rni, WY in which il can he promolcd,-hy
The iilrr,1>" OF the productive wealth oi Inc
,ta!nirr--,,hil" in measures for the c"n>ilni-
nation If party purposes and for the graft
,,s;ian 81 sectional anliptthlts there Is a!Wals
= hu,d.,>> III expenditure which dt spi>", AL
considerations Of economy. There was
crouch money devoted To the Freedmen :
EurcaU---a SipcreiogatoGy ln>lltltion-lo
liryc built more than one OF the three I'M
rroycmcii;. that meet the favor of the Times ;
and the money swallowed up III the mca'
~urts of reconstruction, which were al III
iurv 10 the nation rather than Il benefit.
noGhl possibly have built them AL.
Bat thr>c matters aside. Let Us have Il
lwid and wise administration OF the Go
Nrrnlu.ut, which shall renew the puhli,
faith and hope. aud harmon!Zc the sections
and unite the people in devotion to an III
patlial and tclc1icent government, Wlici
in -,;ch view OF lis usefulness would be in
deed aI:u!ni> tered for tie COCA OF mankind
s@ain The policy of the nation Will
r,ralri 10 the currency and banking has de
reconstructed TO Us all that the best system
tl.at could POSSIBLY be devised Cor supplying
the country with circulating medium il
that which bases that medium upon the pub
liz c.cdi;. Ii the Government in M eco
nom.cll. grtd.rind spirit gor> TO work 10
pay OF the national debt we shall have NJ
d d, to basc The paper currency upon. Then,
IT,, tie Debt stand, and let the Government
devote lis resources 10 the improvement q
"a. means Of transportation d"d lie lron'o-
TO" Of tie gro,rH', Io'rcr. G~R Prosperity Of
he ri,otc naij,m.