The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1878-02-09
Ratter g,in1es Near at Hand.

should do, and that 70 sife =. wv oui
best interests from injury.
$50
Better Times Near at Hand.
rhe country has suffered immensely from
two causes: one political and the other
which sometimes are blended,
and again operate separately to the disturb
ance OF confidence and the injury OF the.
general welfare. The stockholders and
gold-worshippers nave done deal OF mis-
chief by their efforts to speculate by:tricks
that affect values, and by schemes to enhance
the purchasing power OF money, ana thus t
to impair the value OF property. The poll
ticians are ever busy in their strategies for
and oftice-getting, and
occasionally employ financial projects to
further their views.
But the country is not permanently to be
depressed and distracted by these causes.
The national wealth and resources are too
vast to permit such thing. The rccupe-
ratiYe energy OF the nation will rise like
giant against the effort OF multitude OF
pigmies, and confidence and well-ordered
and well-compensated industry and enter
prise will be established.
In the present disposition OF Congress
there are unmistakable signs OF the resto-
ration of the public energy and of profta-
Bile domestic economy. The restoration
OF silver rs a legal tender Is an assured TACT.
That will give great consolation to the peo-
pie. It will widen the basis of paper cir
culation and greatly energize popular en-
terprises. This will be the case, if for no
other reason, because the people believe it
will come to pass.after the reconciliation
OF silver. nj. go
The gold worshippers have made and are
making Il great mistake. They should have
foreseen that silver would triumph, and
should have combined with the sil1er-advo-
Gates TO frame bill which would as nearly
rs possible have satisfied themselves. Thus
the measure might have been promptly ma
tured. and much injury that has been occa-
stoned by heated discussion and absurd
predictions to alarm been avoided.
The gold-men-the large capitalists-havc
waged mad war against silver, and have
so irritated their adversaries that it Is not
surprising that u flank movement for the fax
on incomes has been engendered. That
does not mend the situation for the capital
lists and gold-gamblers. This tax will in all
probability be passed and approved. 1t is
intended upon the basis OF this tax to repeal
the stamp-tax on cheeks. and also relieve
the country from some other troublesome
Clearly the line of national policy entered
upon by the controlling representation Of
the people is in sympathy with the real
people and the general interests of the ma
ton. Tt is upon the mean line-the golden
medium. OF the true statesman: 1.-THE
greatest good 80 the greatest number"
Gold is only two per cent. above green
backs at this time, although the Govern
ment requires gold in the payment OF duties.
Ii the Government would takeits ownpaper
for all dues TO it there would now be mere
nominal premium upon gold-not enough.
indeed, to pay the cost Of its Transports
ton; for nobody would want it except in
cases where it might be needed to settle
balances abroad. What, then, would be the
difficulty of resumption?
/. A powerful body Of congressman de-
manded the repeal of the resumption act
That would seem, under the circumstances,
to be useless, but il the. people through
their representatives demand it, why let
them have it. Were there no resumption
act on the statute-book there would be no
difficulty in resuming when the country is
ready to do so. But to fix day and be
looking forward to it is like the ''previous-
ness" OF taking dose OF medicine. The
"repeal" would not produce any great
trouble, and would not at all postpone an
event for which it seems the country will
be entirely ready the moment silver is re-
monetized and thus energized as powerful
medium of local and domestic trade and
enterprise. Indeed, il silver were a legal
tender resumption is already an accom-
plished fact.
Nothing now depresses the country but
the pause that precedes the definite action.
uC uuCCi Saiuty ouu thO uppAOuCAoloh thoo,
are engendered by the terrible brigade OF
gold warriors, who initiate that Chinese arm
Of the war service that is equipped with
horrors to alarm the enemy, prevent the
regular march jim the restoration Of conf
dence, and money is hiding itself from
commerce and enterprise and leaving them
to struggle under adversely. Meantime
real property is unrented, incomes.
are reduced, and there is stagnation in BUSH
ness and want Of employment every
where.
When Congress acts finally upon the line
it is steadily pursuing great change for
the better will take place, and for the first
time since the war will the country start
upon its advance in thrift attended by con-
tentment.
e The Silver Question.
I The United States Senate adjourned yes;
:erday until Monday without taking a vote
IN the silYer-bilI. differences may be drawn
rom the fact to suit the views OF those who.
lraw them; but we suppose that any de-
1uction from the failure to take the vote
lnfayorable to the bill will prove to be far
rom prophetic. Silver will be remonetized.
We have since The commencement of the
debate on the subject had hardly doubt
hat the Peesiderat WDI,Id aid with his an