The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-11-04

sa11asDA I NOVEMBER = 1910.
= shsN Grsniisn be Upheld |
rartes may desire, this - staI an
W n sessss .cannot be eyaded. only one
issue q n Tho nrnp,e condemned the Nasionsi
ye sss;sst.,ratlon in the rnnst emphatic mans !
~ ma friends have been anxtcusiy wasen- |
.na Far son,e sign Of chaDgetin popular teet
sne Tho victory or bosessy In ohios trough
, ,s due to- the Efforts and votes o. men
,shn ara as hostile as ever 10 the pesscaes ana
"z.c al the Administration, shey csasm
g proof oil Its resiving strengta. u I.a.sIan
sylvaaia rebukes the aovecatss ~ ~ ~ he.
and Reputation to-day, thai WIN asS ~ n
1 ~ sha neonle az New York adord % saa :
tss,S craas stste to the sfst Of those 10 WntSh
Hsnrhi;canism. defeated 10 ISA, plssa'Iss
rcain In 1887 Here no question q nauoDa'
Ssnnr .overshsdows all others, and 9usanes
psnnhl,can vote. viii IL not DO aailI NV
uiss ,nuch show OF reason, that i tns 80 NJ
cnh3;cc = ,narsy caa saececd ~ new Aol = =
ssairss Ds,nocrats who are tAoroNgHiy soueu.
an she. auestjon Of aBapce, as Wen ~ 20
pennsr,vsnia and Ohio agaiust tue snameless
dnearii,es ayowed Mt Erie aud Uommous, tne
frinmuh is that m the present Adutnist.s-
+;er -snd nos Of a sound currency or gehAs
sne snlris OF reform2--Neso 1sr* ay!soune. 81
what folly ills ior.these namc'on.~of.
shipping newspasers to be INDUCING dne
expression OF fears that <SAsr VIII ls Y sl''
by lie, Injuries they iDaics upon the Demo
cratic party, which, and which alone can
obstruct GsAsr's way to third eefn'
Their persistent denanciayion OF eyefyoeoy
who takes the position of honesty ana VIE
dons upon the currency-question--ot com
mon sense aud common humanity 10 sae
great body Of the peopie-tbe posi.,on
OF opposing forced contraction ano pre- !,
mature Resumption because taas. WYNN
plunge the eouBtry into srutn-"e
nest. thc;r,s tienuncssAon OF such fnen
and their opposition to the Democrats 81
Ohio and Pennsylvania haYe but heipeo 70
advance the prospects OF Gransism, Which the
Tribune 50 bitterly depeunces. These nan''
mon-worshippers who have denounoe '''..+ as
dishonest the sensible men who desire to save Re
the country from another panic worse tnan
snyswe have had are gully not only o. aohy,'
bu. falsehood. The money we have Is not
dishonest. and questions brought upconcern'
ing the time Of resumption and the Rskcy OF
contraction for the PURPOSE Of resumption 90
not involve the question OF the benesty OF
anybody. Nor does the opposition to calling
in the greenbacks impesch the homer OF any
man. II IS question Of practie iethty' ana
that alone. To abuse the men who oppose
resumption now as dishonest is both Jolly
and an outrage. II shows the inPudence
and Injustice OF the money power. .... -
In vain do the satellites OF anammon in.
Weigh against the logical result of their war
upor the Democracy because it opposes con-
traction. I'd They cannot estop that result,
and plainly that is to strengthen GRANT VINO
has gone over himself to the money power
and declared himself to b. determined to
prevent the repeal of the resumption act,
and to prevent "ipfation," which, by the
BY, nobody wants. grant is the represent
alive of, the money power, aud everything
that such papers as the New York World,
and Tribune, and HeTdld, and Times-all
advocates of mammon-may do to break
down Hhe only power in the country that
can resist GRANT but odds to GRANT pro-
spects for third term. 20: '9i'. ~" 60"
The MONEY. power is as craven as II Is sor-
did. It cares little for principle, and is rather
opposed than friendly to liberty. It will
treat with any arbitrary ruler for safety, ut.
terly regardless of popular rights. 1t would
make treaty with q RIPLEY gun or an iron
clad fos, protection; having nc concern for
the public liberty any further than 1t may De
supposed to affect Its interests. 49, ,...".
II is urquestiorably true that President
GRANT has been in the most intimate inter.
course with the money-ring and his deela-
ratlons the past summer showed that he had
fallen completely into the views of the ring,
and was determined to act upon the policy
they desired him to pursue. Last spring
the Administration organ at Washington in
effect declared That the Administration
would oppose "apy resumption through
contraction" But General GRANT has given
US q very different view of his policy. Very
probably he will assume that the return OF
much paper-money to the Government by the
national banks shows that thereis too much
paper now af1oat. This is delusion. "Con.
traction" is forced upon the country by
compulsary resumption. The country must
prepare for It. Nobody enters ..npon en-
terprises or undertakes contracts of magni-
tude sufficient to require much time to com.
plete them. The banks require such secu-
rity that 1t Is hard to give, and forithe want
of money business is curtaiied, labor ont of
employ meLt, and stagnation prevails. Is
not that contraction? The banks. thus
plainly have more money than they can
safely use, and they return tito the enstody
OF the Gosernment. 49, =, ,5 - !,
In this way property is shrinking in
value, end hssde time the aaper morey,
fronaa6 ssarcity, Is made equal to; gold, the
reduessoa win have ruined thousands.
General GsRAsT goes for bringing thugs to
4his peiDt---a point at which tbe money
power commands the situation. Bhs.eoun-
try is brought to its very footssool. The
rings fsd In GRANT their powerful friend,
by whose via the resumption law may be
repealed OF enforced. or all men he,is.tae
man most important to them, and the strate-
giles OF the press and the leaders who are ans-
tanning that power and advancing the Ines-
surcs, which are designed to enrich 1t and
ruin the people but 90 to strengthen GRksa
and make him President for third term. 4