The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1878-08-03
greas ON the TeSd sastnent Issue? Not one.
Before another COMPRESSION election comes
on forcible readiusttnent and torcible READ.
iustcrs will, 1t is to be hoped. be buried In
a common grave. s7
The 4 Truth consessed.

The Wig OF yesterday says : ..-- $500.
TOO Much MONEY lit has been recently
discovered that the amount OF currency per
capita: in tho United States is as much. now.
as Il was In 1860, and this is offered as arefu-
tation Of the truth that hard times result,
not from the lack OF currency. but from
some other cause. The falIacy OF this ar.
rument consists in this: that while it
tells the truth as fur as it goes, it does
not so far enough to tell the whole truth.
The difference between the currency OF
1860 and the currency OF 1873 is this: In
1860 there were comparatively few men
worth one milton OF dollars. In 1873
miliionaires are counted by the hundreds
or thousands. In 1860 the currency was
more equally distributed among aHoi the
citizens of the country. In 1878 such nave
heen the manipulations OF the currency by
the Government that lnen OUTSIDE OF Tue
favored money rings have found their pro
perry, through no fault OF theirs, gfao9aiy
slipping through their fingers, ana nave
seen it accommodating in the hands OF LUIS
mopeved ring and instead Of there being
40 much per capita there are millions Tor
the favored few and naught for the out
siders. Luxury, undreamed OF lnxury,. IS
the lot OF the pampered favorites. Wnlie
want and starvation threaten the great Dody
OF the people.
There was in 1860 but $500 for every
man, woman, and child In the country.
There was in 1877 s14.79 for every man,
woman, and child in the country. Inc
Who "coniesses and avoids" 1t admits
the fact. but tries to explain away the fact.
But its explanation doesn't explain. II the
millionaires have all this currency in their
pockets, or on deposit in banks, they do not
draw any interest upon it; whereas, on the
other hand. il they have lentout this immense
amount OF currency, or have bought other
peoples property with it, the streams Oh
currency ought to be fructifying the COM
mercial soilof the eutire country
The truth is the'money is here. The land
is full of it. The banks at the North are
fn,l o, il. It is our want OF anything to
buv il with that makes us feel so poor.
All il we could only take darky any day
in the week and put him up at auction,
and pocket thousand or twelve hundred
dollars in gold for him. as we could 90 IN
1860, the times would soon seem to us 10 DC
better. But the darkies don't choose 10 pc
treated in that manner now. and we haven't
got ANYTHING that will buy this money
which is so plentiful in rich peoples
pockets. We staked-our property on
the issue of the war, and we lost. we are
poor. There is no disputing the fact. The
money is in the pockets of other peoples
and unless Congress can legislate 1t out OF
their pockets and into ours, we must con-
tent ourselves With being poor until we can
make ourselves rich.
Who can devise plan whereby the vast
volume of the currency OF this country
hundreds and hundreds OF millions OF dol
lars-can be taken ont OF the rich peoples
pockets and put into ours!