The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-12-31
The Resumption Law.

r. has leaked out thet the democratic
party iu Congress Will at an early day repeal
the law liking the day for resumption. we
do not suppose that the Senate and General
GRANT will give way and allow the consum'
nation of the repeal but it will neVerthe-
less DO an earnest Of the policy OF the Demo.
Gratis that win meet the approval OF the
great body Of the people Of the nation.
The repeal OF the law ,xing day Tor re-
sumption would be the greatest blessing that
the Government could bestow upon the
country. Il would give immediate relief by
checking the attempt to resume by a contrac.
tion that is killing the energies and sufocating
the enterprises of the land. Confidence
would recover, plans be renewed, works
begun be continued, new ones that are ne.
cesssry be put 10 the course of construction,
trade be Inspired with renewed activity.
and every branch OF industry be called into
profitable employment, and all branches OF
manufacture and production be brought into
reauisition to supply the general demand
that would spring into existence.
Such would be the blessing that would
come OF stopping the rapid contraction pre-
psrasory TO resumption, which is now dis-
tressing the country and bringing ruin upon
thousands.
Resumption would come earlier from
prosperity and restored confidence than IL
would from contraction. In one case we
should have cheerfuiness, increasing Vlgor'
and bounding hope. LII the DINER
we should have poverty, weakness,
dull trade, depression, idle mills, and IDLE
laborers. Which would be best to give us
the strength and faith that is necessary iof
RESUMPTION? 1t is our firm faith that re-
sumption can be accomplished sooner by re-
healing the law and without initiating the
currency, leaving the people, through theiF
own energies and experience in their pur'
suits, to redeem their own fortunes, ana tnus
the fortunes of the republic.
If, with this repeal, the legal-tenders could
be made receivable for oil dues to the Govern.
ment, We think it quite probable that re-
SUMPTION could be safely effected before she
day fixed by the resumption law. That
measure adopted, the currency OF the coun'
try would in short time be ''leveied up.
wards" to an equality with gold What
would that be if not resumption! 1t would
look very much like it.
And why can't this be done! Why
can't these great blessings be secured TO the
people: We know not, unlesS it be through
o conspiracy between partisans and the
money.shayers, who hope TO multiply their
gains by 'cornering the people" and grow
Ing rich by their losses through "shrinkage."
The matter is too great, too generally vital
to the nation, to be the subject of party ma
puuvring. 1t is q great crime against the
nation that the people should be put at the
IN Grey of the sordid fnancierS.
Under the impression ofthe correctness OF
these views we have on several occasions ex.
y pressed the desire to see the question lifted
out of tie party arena by leaving it to the
people OF the Congressional districts, dis
missing it altogether from the party patlonai
pa a,mS, just as under GREELEY's advice
tn tariff question was disposed Of ia the last
Presidential canvass. .
Eappears that this will not be permitted
t,r fhc political leaders. We hope that the
y ,uoc1a;c party will express It's own policy
wi!elher it passes Congress and Il approVec
h, 'ue Executive or not. Let the people see
" "a they arc who will detain them in their
,rc:er: miserable financial business condition.