The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-11-08
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False Terrorism. yD,..,....

The great Virginia orator Of Roanoke !"
once remarked 10 speech! that = the !ear, or
God ia the beginning of wisdom. but the fear
ofsnan is the eonsum1ation Of folly" 1t IS
"a little surprising that 10 our good old State,
where talent and wisdom haye been 30 con-
.ssicuous, so; many persons May now De
found who are evidently afflicted with
dssse terrorism with reference to the re.
sumption act. This is mainly due,l how
eyer. to the upwise course Of some OF our
leaders. including editors, VINO have not
Thoroughly scomprebendeds the situation.
taur people are in trouble. Why should they
be led into further trouble '6y ignorance of
esn',dL hurts them, esd rhetcduSe? That gov
eminent in America, Stale and Federal, is
in q state of decay, and that >SiGh status IS
lonJi0t hurts, and Is the cause Of the trouble,
is evident to any onesWho will think upon
the subject: But, after all, :"'Death is only
: The people live whilst their governments
decay and pass on into directory, consular,
or some other foran, as circumstances and the
Creator of all thugs determine. 1T Is reason
able to suppose, that the white people OF the
South have seen thet rdao,st. soffar as govern
| ment is concerned, asnless our political lead
ees. by opposing the Resumption act, an eStdb'
~
oSatnst US, and oct us into farther trouble.
We acuuiesced in the reconstruction acts.
which were degrading and ofensise in their
tendency. We are now progressing under
the resumption act of the lust session of Con.
gress, which is Improving in its tendency,
and not sectional in its character, admitting
that it was passed by 80 uulriendiy and
| a wicked Congress. They were on the eve
| of giving up their power. They had dis.
graced America. prosecuted their fallen and
magnanimouS foes, and ai0ldted Chris
tianSv. which gkno Wedges no such
principle as "the absolute equality Of all
men, 1t was necessary to do something
for conscience sake. They passed the re-
SUMPTION act, and were building wiserithan
they knew for as and worse for many of
their constituencies. 1t is the only adW
passeda5y Congress sa,aceiH1esrdr calculated
10 promote the good Of the American people
as seople, and wHl necessarily develop
craftsmanship, which has been wanting Tor
been powerless) in Congress- for many years.
Suca butter Radicals as Beast Butler, General!
Jonn a. Logan, and Ex-Governor CurtiE
have gone over to tie inf hioniss-can
not stoal rechtude. ,,snd -sjtaJ zee fol
lo,o hexg2 Shalt We learn to cheat
our own people with deprecated money at
the bidding Of such philosophers las Beast
Butler and Wendell Philips, and pay ont
our substance in the shape oflheaYy golden
interest, to foreign creditors and bioated
j" shoddies at home? Oh, no; lett "sub.
NIT to the powers that be, - f6,eytHseilE,o, and
build our house upon rock. We have been
subjected to many trials, seen the times !" out
of joint" and been shared at the rate of
from sixteen to twenty cents in the. dollar on
all of our products. until it il time !te-stsp 1t,
and improuc theGr onaises to pay, which, by
their very fluctuations, "giltterh do begnile
and dazz'e to betsy." 3f.= ~
We are well aware that there Is I'D abrn-
.Gance of money inall the banks, and likely
to be up to speeiepayments. aud that nose
Of us can get moEay.Who have not something
Ito buy money With. This truth Is too 0ftaE
forgotten, and whtlsteur crops are brinajne
good prices, and ourssaaN farms doing bet
ter than they ever did before II q war, "
should we tn Virginia and the soatheMt
sSIekeS complain abaift.1 return TO specie
payments? Even our factories are prosper
ing. We are complaining in the wrong d.
rechon. We are suffering from shrinkage
of values In real estate and falling off 10
tbehaarket price Of the appointments Of ,ag-
ricnltnre. The currency aentraction has. no.
thing to. do with, it. 1t Is a,well-estabI;shed
fact that there is far mQse money now
ia circulation ia the United States than
10 either England or France. Sasuy less bust;
sssS, aud that money Is not SeeksRg incest.
meat ia.geal estate. Why e. Simply because
{save In Virginia. there is no income tax as
In EHglaDd Stocks are more proftabla in
the way af interest than 10 Europe; the per
cent. Is obtained Without labor; apd farmigg
Is dirty aud aiboSious. Real estata begun to
decline aHbsliately after Congress- removed
the tncoaae azE. The favor sh0Ma by our
Government TO the funded interest, has pro-
duced dtspasacrtioa in the profits Of eopital
ddoerse - sa9sacattgre and real estate.
Bounties 10 eastpess of accumulation has al- |
ways injured the Industries and al ways WiIl. |
The members OF the French directory we're
fully convinced Of this when they cut d0gn
1893.
The Government af Austria was forced ia |!
act to similar msnner ia 1903, and reduced |.
the Interest on The national debt to one
bali. In both cases the result wasa qrealy
increased actfUity IN real estate, agricui- |
tire prospered, and the towns feIt the favor.
abie Influence very promptly. Our TOWNS
sIa Deginnirg TO feel the effects not of q
want OF greehbaeks in their banks. but the |,
traia OF the fogeign debt. an unfair appor. +
ioGmentof the profits OF stocks and lands
y home. the rliia of large landed proDrie.
Pr and the leYeltns down pf gentlemen T