The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1878-04-15
,I,,,e, All Atser the silver Bill.

We were quite delighted with the aE n
nonnce,nent made by our washington cor
respondent in his letter Of Friday, that the
{ finance Committee OF the Senate had de-
tern,ined 10 report a bill making all dues to
tho Government payable after July LIST In
ureenhacks providing that there shall be Q
stop put 10 cnrsailnaent OF tho paper cur
rency. and that legal tenders shall be re-
ceiysble at par for four per cent. Govern
1nenta bonds. Is.
This is The bill Of all others protected
that ID most needed. 1t is onlY necessary TO
provide that greenbacks shall be receivable
for si, dues 20 the Government to put them
at par with gold, and that IS res't'np ssos.
Indeed. we scarcely perceive why resnmp-
ton is not here. Gold declined IN New
York Saturday to 1 per cent, and Is not tnat
tanta,nour,t to resumption Such bill as
that which the Finance Committee has de-
termined upon removes the last poor pre-
text for continued suspension.
we think the cautious Secretary OF the
Treasury has gone neediessly far in ar
ranging with the bankers for fortify1ng
himself against the day Of resumption. he
had clearly the whip-kand Of them, and
might have gone on without farther par'ey-
ing. Still he deserves credit for his excel
lent motive. s
Finally, he has accomplished all he wanted,
and we are out OF the woods. kesump-
ton cannot fail. and resumption once
established the commerce and domestic
economy OF the land will be at peace.
Enterprise will be set at liberty; people
NAV GO on with their arrangements, ana
society will be free to plan and to ex-
plot as it pleases, and the process OF I'M
provement and development will take new
latitude and departure.
Mr.. SHERMAN has done we'll. lie has IA
cilitated the reconciliation Of silver. 'ibat
was grand superb demonstration OF DIS
public LOYALTY. There is no telling how
much injury he might have done the coun-
try il be had given to the, silver law that
reluctant aud coustipated help which big
oted partisan OF the gold mania might have
done. He was true to law and to his pub
lie duty, aud the benefcent measure for the
reconciliation OF silver has done its real
good TO the country.
So Mr. SHERMAN in all his policy has adj
vanced the cause of resumption OF specie
payments, which silver, under his admin
istration, has helped more than any other
thing to consummate. Now. il the Con-
gress only gratifes Dir. SHERMAN by making
greenbacks receivable for all dues to the
Government after July LIST, and stops the
curtailment Of paper money just at this
very point. resumption is an accomplished
fact. There is no reason for postponing
the day. As long as it is postponed people
will be getting ready for it, and that is a
process which cripples the public energies
and postpones the freedom that must be
proclaimed the very day OF resumption.
The dawn is upon US. and the light OF the
coming day is spreading over the heavens.
If Congress but yields to the policy Of the
Secretary OF the Treasury thus far so sue
eessfully pursued we shall soon be in the
perfect sunlight Of resumption, enjoying
all the benefits of that event-its restoration
OF confidence over the land and its revival
of enterprise and industry in all its branches.