The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1873-11-13
specie resumption and the End Of me
world.

Some anxiety has been manifested lest
''the end Of the world, which is sci down
Tor early IN November about the fifth
by the Second Adventists who are en-
camped in various parts Of New England,
getting ready for It, may interfere with the
great plan Of Secretary Richardson FOR re-
Stunning specie payments on silver basis.
There ned be no trouble on that score. No
little thing like that will be allowed 10 IN
terrupt IT, When the great Minister Of FL
nance took hold Of this subject he put his
whole intellect into il. He meant business
So did the great Silent Man. The two
came 70 New York together at the begin
ming Of the panic and spent several hours
in conversation with men who were long of
stocks and consequently thoroughly vcrsed
IN finance, and went back with a perfect
understanding Of the whole financial situa-
ton. That the President comprchended it
fully was disclosed by a remark be made to
the effect that with gold at 1913 3, silver
coin would at once naturally and easily flow
into the circulation. The remark showed
an observant mind aud keen insight into
human nature, az well as profound acquain-
lance with political economy and finance
We are forty millions of people, and ought
to be able to raise dollar apiece in silver.
The President looked to see US do it, and
expressed his surprise that We did not But
having bent his heroic mind TO resumption
on silver basis, he would not be disap-
pointed So between the great Minister Of
Finance and the great Silent Man the great
MISUNDERSTANDING plan was invented.
That plan viii be CARR d out It is barely
possible that the end of the world will inter,
venc, but II it comes it will find the ten
bags Of silver, containing not less than a
pint apiece, on the Treasury counters, and
creditors of the Government receiving five
dollars each with steadincss, precision and
regularity that gets rid Of from seeenty-fye
to "A hundred dollars every day. Mr. Rich
ardson's original plan, which was to put
$3.50, 600 in silver half dollars, suddenly
and without warning, into the pockets OF
an unsuspecting people, making everybody
happy, was more brittle and fail. The
besOtted ignorance and beastly stupidity OF
a newspaper correspondent exposed and
ruined It. The gradual tive-dollars-in silver
plan arose on its ruins, and that no news
paper. correspondent or any camp meeting,
bringing IN the end of everything, can inter
rupt. 1t goes right on, like mule on a
great commercial artery, somewhat slow, but
as sure as death or taxes.
We do not know that the financial situa-
ton enters at all into the calculations of the
good people who have assembled on an is
land in the Connecticut river below Spring
field to await the breaking up. They base
their predictions upon a sort of reckoning
which makes a prophetic day to consist OF
seventy-tive years, and by adding an .'hour''
to the date of the battle Of Sedan, brings
the end of all things on the fifth of No
vember, 1873 How much there may he in
the mathematics of their prophecy we shall
not know till after the fifth. But it strikes
US they have stronger and much simpler
basis of prophecy, and would make much
more reasonable presentation of it, by just
announcing, without any confusion of dates
and figures, that the world will surely come
to an end before the policy of the present
administration brings us to specie payments.
Everybody would accept that And al
though everybody appreciates the wisdom
of the iye-dolIars-in-siIve policy, and sees
how gradually and surely it is bringing spe-
Gle payments, we have not the slightest idea
that the rush of converts to Terry Island
would overwhelm the camp or crowd the
island.-N 7. Tribune