, 1874-06-08
EXECUTIVE DIOTATION,

fU3eIuHloAtt tAe3 apPo4l!teu u hupeou41AAbteef
consisting Of Senator Logan and Representative
Farwoli, to 60 and find out what kind Of n bill
tho President would like to have passed! It is
no part OF tho Presidents duty to know
anything about bills in. Congress till
they aro brought before him for approval or
disapproval. But, ns ho had boon censurod
by hls party frionda Tor withholding his views OF
tho for,nor bill till It waa officially laid before
him, lo consented to accommodate them.
What transpired at the interview bus not been
made known but it has been made known what
tho President thinks about tho currency quos-
ton In tho way Of written memorandum hand
cd to Senator Jonos, Of Nevada. Tho President
doairos that specie payments shall bo restored by
the 1ss Of July, 1876 and to this ond, that bonds
Of tho Unitod States bo sold to obtain the gold
necessary to reaumo, md that tho Logal-Tender
act shall DO repealed to futnro (not paee) con-
tracts ono yonr earlier than tho timo fixod for
resumption. Coupled with thoso monsures he
has no objection to free banking. He recommends
that at some future time small bills shall bo
Withdrawn from circulation, 80 TINT the pay-
A4GHt VI hASt6 AuA hAu dl4AlpA LAAcAGt@oA0 VI
tho people shall DO maae In specie, and 30 that
there shall DO m accumulation Of gold in the
country as guard against future panics.
No sooner ia this letter or memorandum to
Jonos given out than the very mon vho ad-
journod their Committee meeting to find out
what tho President would like to have them do
lift up Al indignans chorus at what they call
Executive dictation Was there over such i'm
portinouco7 they ask. Hero wo are In tho
lawful discharge Of Our duties, trying to
paas o bill compromising the lttlo dif-
feroncaB hetwoen those Of us who want to issue
counterfeit money and those who don't. We
have almost succeeded in our arduous endoayora
when tho President sends Arobrand into our
midst telling us what kind Of a bill VIC should
pass md what not In tho name Of all that is
decent, manly, American, wo won't stand it. We
will pasB our Own bill and lot him veto 1t II he
dares.
Very gooa, worry Uoud indoell But why didn't
you think Of this botore2 When you wero ap-
pointed, first by tho people and afterwards by
your respective Houses, to framo bill, why
Chamber in tho first placer II you got moro
than you wont for, who Ia to blamo? It
is not tho 0rst timo that poop'o WHO didn't mind
their own business woro 8nubbed for their pains.
So far aa tho charge of Executive dictation goes,
1t is sufficient answer to soy TINT these pulling
proasly to bo dictatod to. They got little moro
than they targanod for that is all. II they
havo any objection to raiso, lot them raise it
against the Presidents arguments, not against
his manner Of delivering thorn.
And whnt will they say on this scoro7 II
We woro called upon to franc d counter argyll
1nent wo should say tlat hia fault consisted in
not having delivered such d neaBage long
ago. But we arc not dealing with by-gones.
Having used cheating, lying currency nearly
ton years longer than thoro was any need of it
having allowed the rich to grow richer and tho
poor poorer through itR ceasc]ess md grinding
fluctuations Of uaiuc-havlng Hoen tho business Of
tho country jerked hithor aud thithor by reason
Of Its inaoxibility Of volume-haying experl-
encod the dangers OF allowing successive seorc-
taries OF tho Treasury to tinker with 1t according
| to their notions OF tho oountry'H neods-having
soon the tlmo when tho currency was within a
boggarly per cont Of par, and having seen thia
opportunity to put tho currency on tho only
sound basis 9iyon undor heaven among mon
for currency alp BY unimproyed-we arc pro.
pared to heartily indorao tho prostdont's recon-
mendatlonB, and not complain that they wore 40
long deferred. Do these grumbling Congresamon
Qnnationfsts and othcrs) expect euer to got
back to spccio payments Theyall aay they do,
but they will never find ttma to begin. When
anybody elao suggests time, no matter how re-
moto, they always commence ralaing difloultioa,
aud by tho very act Of postponing thoy toaoh the
ignorant mud unthlnking, aud moHt Of all the
rising generation, who hayo nover handled gold
OF silver coin except as curiositics, to belioyc
that spoolo is humbug, q deualon, a suporati-
| tion, Thiy GLASS OF lunatica arc becoming dan.
gorously humorous, and Congroas is doua
lts utmost to multiply tue brood. It Ia
tlmo 10 call halt. It Ia impossible that public
opinion should romnln stationary Us regards the
currency question. Thla has boon amply donon-
atrated by tho events Of tho past fow montha
Wo must go to apecie payments or wo nluat &C
tho other way, aud thoro il no bettor time to do
eide which way wo shall 60 thnn now.
We arc told that Congressman especially r!di.
oule the idea of abolishtng bank notes OF loaf
denomination than $40. We shall, ut future
time, ahow why no think thls IL unnecessary aut