The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-03-02

WhRt n Few Of the Great News.
papers Have 10 Sny ON the Pas.
age Of the silver Bill over The
Presidents Veto.
ns4aaIiI Gazette.
The Silver Bill is now law. 1t pro.
riiathl. the Secretary shall buy bullion
10 coin silver dollars, not less than two
tot more than four millions a month,
Which shall be legal tender at their
vaalI value for all debts and dues,
pablo and private, except when otherwise
expressly stipulated in the contract"
Thpi'ulI that il material in the bill. The
Utnblck dollar il now n promise TO pay
silver dollar. Its value will be meas.
vsL by that. The customs are now by
lMP,yAble in silver dollars, and will be
" piid AZ fast as the dollars can be got
bid Of, and in time the government will
ape 10 receive any revenue IN gold. 1t
hnil that dies for the new silver dollars
ilre been prepared, and thus they will
mn begin to appear. We do not antici.
H.lhat gap will Immediately open be.
lRn silver and gold, nor that it will
isatliaIely widen between gold and
rHnOacks, because they are now prom.
RIOpay only silver dollar.
Aconsderable amount Of cheaper coin
lsiswn OF token coin OF no intrinsic
'Ilas, will Cirlu ate at par with gold. In
Asgold times before 1861 the country
LLIbOut 80 millions Of silver coins Of
ball, dollar and under, worth about q
RiaHt le.s than the extinct silver dol.
lH and 8 per cent less than gold; yet
u! circulated at par with gold, because
intssity for change. A considerable
lasuntOl silver dollars will circulate at
9H Uilh gold, in u subsidiary Use. We
uau0I tell how much. but We shall find
mt When silver dollars get plenty
.oOush to become the money Of paying
ssDu' and interest on the public debt,
Asa Es shall probably see u gap open
st'sn gold and silver and greenbacks
staHulbe in silver.
resumption act takes effect the lst
dUIt January. This act Is not likely
b s repealed. The greenback dollar
'illthsn be redeemable at the Treasury
u ,ilver dollar. By that time the
ai1u may be able to coin sixteen or
treat! millions Of silver dollars to help
assumptions. When this shall have been
Pl4 4Oul the Treasury will have 10 pay
lld Bu, no gold will come back il all
@ can be got, The silver will not fall
s'sh below par until il becomes abund.
vi tuOngh for customs. Should the re.
EaPtiou act be repealed, the greenback
.saIdb made an irredeemable and repu.
tiiiet PROMISE 10 pay silver. In that case
lvf would stay in the narrow circnit
a Tie payment Of customs and interest
= mIaepnbic debt, az gold does now. II,
g'he new demand We shall create, silver
s'aId ri'e to the former price, then the
1II'' = dollar would cost more than a gold
atsp lbun,.
tie regret Of nine tenths Of those Of
" . American people from whom the
F''''tent alone can expect sympathy or
"Pp'Hin his efforts to rescue the ad.
a'aI'ttl'lon Of the government from the
S'''ol OF machine politicians and selfish
Sal'OSae', the President has under.
A1'' to a''ert his arbitrary power Of
,so 10 refpetuate, SO far as he might,
y most 'candalous act OF legislation
" ca'Sa b" ever di'graced the records OF
N'asis". lie has done this without even
nlonable pretext, and as il he took
eFSAl PERSONAL satisfaction in the wan.
,.,.' ~ Exercise Of naked power. Fortu.
I Tor the country, fortunately for
\. HSpaoiIcal party, and fortunately ior
tirilenTa own official useiu lness,
,,, = ,s'0 has been disregarded by the
,,.SH! sS.,. And by Congress as coutemptu-
y. ~ s was The command OF that other
" NJ mo ,a lotbid the rising Of the ocean
~, ~ l3e veto, 80 far a. intended 10 have
y. " Hs't effect, fell as barren and inip
SS,, A. - Old the PApAl bull against the
,,s.i sI' President, on a question OF more
N ,is.sa'sHGy, Il question Of policy, free Of
49, legations Of constitutional au.
49,, ~ =! his veto wautonly but de.
s,'y put the wishes aud the Ia.
.s",o' ~ 'Ae people at defiance, and 40
i, NM se a1d the power sought to defeat
\, W., J, a and iorcc the country to submis.
s,,.s "i9e conti'cNling demands Of the
TiS ssndsF, The promptness with
i. ~ ,, @s'To Houses Of Congress passed
a.. Of reprobation upon the Pres.
h5io, '.a,'etpoSlIion in behalf Of the gold
Ros@a'.Me Me ,P'omptnes with which they
sSSt ytIISeG u on the er,lealous olllcious.
~, we Executive in behalf Of a dis.
Pn., APaciou. and fraudulent con-
6,S,! w, " soo and plunder the country,
ala silh It a signiicance which re-
", -, .,, is'e Of other Executives who
&,,,,Sysa' 10 coerce free people by
IL nSne ,it oI arbitrary power.
I,slo,,S S,Sty y "One Of the people. Itis
laA X, 'IM W vas needed 10 remind the