The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-12-02
s,,ysr.Ara,n.


Genera, GsASr has his own way Of do
Inc things and his own notions. He
thinks for himself. Most persons would
decline pcrcnptorily 10 attend horse-race
one day, and the next go to a campmeet-
Ing and at upon the platform with the
preachers. Not so General GRANT. He
docs thai very thing. lie asks nobody any
odds. lie does what he pleases, says what
he pleases, and thinks what he must. He
now resides In New York city, but he docs
not therefore hold himself bound TO adopt
all the notions Of the New York press. He
associates With capitalists, bankers, rich
mn. and monometaIlists, but he maintains
all the same that silver coins are good
money. lie likes gold, b,n be does not
dislike silver. He reads the papers, but
he draws his own conclusions from the ar
guments advanced for and against any
proposition. Knowing his habit OF think
lag for himself, we were not at all sur
prised to read In the New York World the
following paragraph:
The prospectus and call for an interna-
t,onal bimeialhc monetary association was
issued yesterday. Among those signing
the prospectus are ex-President Grant,
Mayor Edison, Hamilton Fish, A. A. Low,
President Hatch Of the Stock EXCHANGE,
ID. O. Mills, Henry Cfews, L. G. Dun. Rev.
DIR. Collyer, 5I. Victor Newcomb. James
h. Colgate, Charles j.. Tiffany. Peter Ma
RE. G. r. Adams. and John n. a. Girls
void. The objects Of the ASSOCIATION are
TO obtain the free coinage OF silver, the adj
yocacy OF an international agreement
whereby a fixed relative value between
yold and silver may be established and the
two metals NAV Jointly form the specie cur.
rency OF commercial nations, the promo
ton OF uniformity in the money OF the
world. Similar organizations have been
organized in England, Germany, aud Bel
GUM.
That strikes us as sensible movement.
So far as we know them by reputation, the
gentlemen named are, excepting General
GRANT himself, men of wealth-some OF
them, Of great wealth. The world needs
silver money. The United States produces
silver, aud needs a market for it. Why not
supply the worlds want and at the same
time aid In enriching our own country |!
This is the most prosperous country in
the world, and tins country uses silver mo-
ney, and has made it legal tender. Why
should other countries fear TO try the eX-
perimenty We do not say that they will
become rs prosperous as the United States
II they adopt bimetallic standard; but
we do say that they need not fear any evil
consequences. We do not say that but for
silver the United States would have had
a panic in 1875. but we do say that but for
the silver law panic would probably have
that year resulted from the attempt to re-
sumo specic-payments upon the stock OF
gold then in the possession. OF the Govern
ment.
Gold is now coined free in the Govern
menf minis. Anybody who brings gold to
the minis can have il coined for him with
out expense. Not so silver. The Govern
ment buys silver-a few millions each
month-and coins il; and in this way sill
yer coins are produced in sufficient album
dance. General GRANT and his associates
desire that silver shall be put on the same
footing as gold, and coined free of charge.
This will be wise measure If they can, as
they propose, induce the other commercial
nations tc.do the same.
We are glad to see such men as those
named in the paragraph above quoted en-
gagged in so important work. Not only
are they doing work that is important per
Sc, but they are so we'll known as able
finaneiers that their L" less-nformed breth-
rem will be taught good lesson merely
BY the force OF their example.