The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1875-10-11

snip and provisions little has been salt
either in the party organs of the countr!
or by the party orators; and yet it il
upon a subject which may be said tt
have very nearly monopolized the pub
lie attention. The reticence in respec
to this law, on both sides, is remarkable
Concerning it neither party charges any
credit upon itself; and yet, if the con
tents Of that law are in conformity will
its title, it was measure of no second
airy Importance. AS briefly as possible
allow me to consider the origin and phe
nomena of this measure, in its two as
poets of Allopathic and Homeopathic
| resumption.
HOW CONGRESS WAS MOVED.
AS the last session of Congress drew
toward its close there were symptoms
of popular dissatisfaction, manitestine
themselves through the newspapers, as
we'll as through about twenty-five BUSH
els per diem OF personal correspondence.
because that body had, as the phrase
was, done nothing for the financial relief
of the country. AS it is generally sup
prosperous and everybody easy in his
circumstances, all that is required is the
passage of proper number of laws, and
as the members were conscious of the
existence OF that opinion-having en-
couraged it themselves when they were
instructing their constituents in the
mysteries of government from the
stump-it became obvious that some-
thing must be done. The next political
event after the adjournment was an
election, and one which, in consideration
OF its proximity to presidential can
vass, was looked upon as having an i'm
portant bearing upon tbe latter; and
thereupOn sense of high party respOn-
sibility pervaded and permeated the
souls of the legislators.
SOMETHING MUST BE DONE:
But what that something should be was
point upon which there were great
searchfngs of heart and divisions of
opinion. The party elements were in
state OF composure; each party having
its imitation and contraction ingredi-
ent-in respect to the magnitude of
which respectively, as well as in re-
spect to the effect of this anarchy upon
the party tenure-it was difficult to ar
rive at a satisfactory estimate. The
party oracles were bowling in discord;
the party auspices were perplexed and
ambiguous, and the party seers were
coniounded and at issue in their inter-
pretations. Each party was more fear
ful OF losing than hopeful of gaining by
any measure that could be devised;
neither could carry any thing through
Congress without the consent OF the
other; each member of each side Was
more regardful of his own standing with
his constituency than OF the interests Of
his party; and as for the general we'll
being-lt may have occurred to a few as
a matter to be incidentally considered.
The result was a compromise.
AJoINT INCUBATION,
through which hybrid monster was
begotGen, which was hustled into the
world in indecorous and suspicious
haste, and, by the perversion OF a re-
spectacle ceremony, baptized wlyp false
hood; Receiving the name of ian act 10
provide for the resumption OF specie
payments" 1t was u compromise in
whieh-as is not unusual i'll compro-
mises-right reason, common sense, The
general interest, and the SOUND maXims
of political economy were compromised
and dlsparaged, and its progenitOrs,
upon both sues compromised and dis
honored.
HOMEOPATHIC RESUMPTION.
The act proYiues, first, that "the Secre-
tary oil the Treasury cause to be coined
as rapidly as practicable, silver coins OF
ten, twenty-five and fifty cents; and to
issue them through the sub-treas uries,
post-offices, etc., in exchange for an
equal amount of fractional currency until
the whole shall be redeemed"
INFORMATION WANTED.
Has anybody-any private individual
in the course OF his ordinary business
trans actioDs-seen any thing of that sill
yer? Has it been detected entering into
the arteries Of trade, enricbing the cir
culating medium, increasing the conf
dence of the people, diminishing the
rates of discount upon the public prom
ises, or terrifying the credit of the Gov
Has IL been heard jingling in
the pockets OF the laborer, or ringing up
on the counters OF the tradesmen and
Have its stimulating in
fiuences been felt in any of the depart
ments OF industry or prOducJiony We
are permitted TO suppose that this pro
vision has, for time, been carried into |
effect from the fact that notice is now
given that its Iur rther execution has been |
but all equal volume Of gas |
emitted from any cnemical establish
nent in the United States would have |
been OF equal efficacy in bringing about |
! return to a specie basis, or in giving |
additional life to any branch OF pro-
iuctive economy.
THE FINAITY OF THE INFINITEsSIMAL, |
has arrived. The reason given
s that the dimes and quarters emitted |
10 not enter into circulation. They are |
sither hoareed or sold TO brokers TOR ex-
SO that the withdrawal Of the |
fractional paper tor which they have
been exchanged has operated to reduce |
,he current change below the measure
'equired Tor the general convenience.
Now to suppose that the leaders in Con-
yress, upon both sides, who put that bill
through the forms of legislation, and the
President OF the United states who gave |
it the sanction by which 1t became a law
Of the land, did not know that such must
be the result, is to suppose
them ignorant of the most obvious traits
Of the human character and the plainest |
principles. |
THEY WERE NOT IGNORANT.
Mr.. Sherman and Mr.. Thurman, Mr.. |
Allison, Mr.. Morrell, Mr.. Schurz, Mr.. |
Sprague, MIR. Garfield, Mr.. Lamison,
Mr.. Lawrence, Mr. sayler aad MIR. Ban.
ing, may not be wise excessively, but
they are not idiots. General Grant is no |