The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-07-26

TIE MONEY QUESTION IN THE SoUTH.-
from the New Orleans Della. ]-Tne Ne"
York World and those who side With It pre-
END TO he scientific, and appeal to tne nis-
torv and the traditions Of the DemocratIc
n,rty TO yindicate their tenets. Apparently
tbey OCCUPY the vantage ground ana adSo-
cate a fair measure. but they are really Us 'al'
from scientific economy as the BUCKEYES
themselves, aud both arc oat OF Inc Jachso-
man line. Democracy, before the war, never
advocated paper money in any form or III
any quantity. When the World ana US
barking put forth presumption OF 81 eo'e
payments" meaning system by wo'co pup
lie forbearauce ia to be depended upon 70 Sc
cure the circulation Of several dollarS 10 pa.
ner for the redemption of which there IS put
one in specie-wheu the World ana us oach'
ing, we say, put, this forth as De'po..a'
they utter q rank heresy 10 eoSel nh'uu',
which in the DAYS of heroic Democracy was
favored only by parties adverse " lp' OeA
ocratie party. .o,- ,,r, HIT
It has a fox hidden under It's Vestmeu'
While all the time talking Democracy II -
neither Democratic nor just. us cullehoy
theory is In the interest OF Euiopeau auo
eastern money-dealers. lis ai'h - " -
TO them more than is due TO lhelo' ahu ~ SC
cure TO the East banking sySteln "hen
shall oerpetuate its power Oh neec'nS ptouu
GERS and working people by ,bnatIons auu
contractions. lis purpose IS 10 cohpt' LUG
paynent Of debt contracted "nen soiu va,
goo with $500 currency, "hen golu Is uu'
III; and its purpose is also 10 rene" 'ne . tos
ware raised and lowered by eastern opera
tors. g., ~
II would be worthy Of great enoft, Oh
great accidental to obtain 10 instrument oi
commerce which, at all times and IN all
nlrcps. would be au absolute value. anu
1hich, under all circumstances, would ne
an equivalent of the thing for when IL
minht he exchanged. 1t would be worthy
of rrand sacrifice to come to money Tree
| from m amalyam of doubt, but It Woulu De
stunid 10 make any sacrifice involving sell,
| robbery for financial coggefs. IL Is oouot
| n tbe counlry will ever be 10 more laFols
able situation for an effort Tor soupa cur
rpncy. securing permanent order III COM
merce. lust remuneration for industry, ana
stability 10 accumulation, than II Is III pre-
sent, when private credit IS contracted 10
narrswer limits than il has been since Tue
war but perfect government does not CON
.l.t more in the possession OF sciehluc
nrincinlss tpap i, does IN the application OF
those principles, for tbs end OF authority Is
justice. , .,o.
If we adopt monetary system that re-
duces wheat to fifty cents bushel and cot
ton to ten cents pound, we NUT reGucc
corre.pondingly The debts contracted "hen
superabundint and irredeemabe currency
raised wheat and cotton to five times those
prices. 1t will not do to make people pay
! five DAYS labor for the value OF one Gay $
labor. We have had TOO much OF this rul'
pine trickery in the Democratic party since
the war. Wall street and Threadneedle
street have been fatal to us. WIN august
Belmont as chairman OF our Natlonal Coln'
mittee and Seymour as our cdnaloale, we
we're routed. With Augustus ochell Us
chairman and Greeley as our candidate. we
we're dlSgraced. Bondholders, stock'loo'
bers, and money-mongers have en,ereu Tue
partr rs q wooden horse. Pretending TO be
Democrats which, With their interests, IL Is
impossible for them to be, fuey gave US
false leaders and false principles 10 secure
the election Of Grant, whose hdellty 10 them
Ii invinclble.
The strength Of the Democratic party can
be nowhere else but in the respect aud Aztec
| tlOn OF the OOuy vi Lne pcopie III" f,'
er, the farmer, the worklng-man, ana the
honest trader. If we prepare for them an
intelIgible and just system OF monetary
economy they will be with US; ii "e 90 not
hey will be Indifferent 10 us, and anofher
disaster in 1876 awaits us. A host OF he
pubcans in tne North left US on the slavery
is.ue. They are sound upon every living
ISSUE, and if we return 10 virtuouS measures
they will return to Us. II we are to be pes
tered With the plan of the World aud its
C atju;ors; if the design IS 10 toice upon Us
the paper system, in the gul>e OF baDks oil
issue or Government issue, with tive or SIX
dollars of promises for one dollar OF snec,e-
with contraction and expansion, for puhllc
r,bbery; with avaanches of bankruptcy
every decade, then put the bounds on the
trail of the fox. II we are to be blessed
with u currency that can only be produced
by lahor, let the relations OF debtor and
creditor be put upon an equitable basis. 80
| long as we remain the instrument OF New
| olk. OF London, Of Berlin, OF Amsterdam,
and of Frank(ord, the people will he aSiiuSt
Us or will stay at home Is in 'GS and ~.