Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-01-30

W utucS ttnttS-sont W tHc ViNfettoh VI
our tariff laws, some 10 the railroads, others
10 .production-st stating that owing 10
the improvements OF mechanical science
production has increased in greater pro
portion than population. aud hence the de-
cline. That highly theoretical but cele-
braied writer on political economy, Mr.
David A. Wells, has recently written a
series OF articles In the Popular Science
Monthly 10 prove that the decline in prices
has been the result OF oycr.productlon. lie
was answered In the most splendid manner
10y the editor OF the Commercial and Finan'
cial Chronicle, published In the city OF New
York. and HIS theories completely refu,ed
by facts. lt IL rsre that two writers
OF such extraordinary ability meet
In the written discussion OF so great an issue,
and the answer Of the editor OF the Chronicle
is the most complete and perfect reiutstion
that II IA possible 10 conceive. And the
editor Of the Chronicle is forced. much
against his will, TO admit that the true rea-
son OF the depreciation is the need OF more
money. 1t is true that this country has
made great strides IN the direction OF pro-
gress since the decentralization OF silver; but
II Is owing to our immense resources and
the great energy OF our Auglo-saXon popn-
htiou. and not on account OF the demone-
tizstion OF silver, bat in spite OF II. And we
made hardly any progress until the Bland
silyer-coinage actin 1873, our recovery dsting
almost from the very day OF its passage.
The name OF the author OF that celebrated
act will live in the pantheon OF history a.
beueisctor Of the human race, as viii the
name OF John Z. Jones, the Senator from
Nevsds, whose speech on the silver question
many years since in the Senate OF the United
states, ! may say without exscgerstion, cleo
trifed the entire English-speakiBg world.
Who does not rccolect the bitter aDtagonism
OF the mOneyed power TO the Bland sct,'
and the dlreiul and lugubrious prophecies
OF the untold evil Its operation would inlet
on the country Who il IL that does
not recollect these same direful and lu-
gubrious predictions that were made
by the late Daniel Manning? Also by the New
York Herald, Times, Tribune, and Evening
Post, together with numerous other pubh-
cations? Ever our illustrious President
land say il in becoming spiriQ was so I'M
pressed with the fact that the silver coinage
ought TO be stopped that he would not wait
for his Inauguration before he made 'Igor-
Ous effort 10 stop it. A somewhat bitter eXpe-
rience has doubtless taught him better. Many
Republicans ana Democrats from the Norm
mot the Vest are. regretto state, on record
against the further coinage OF silver, ana re-
gTet TO stste some Democrats from tke South.
But happily events have 80 shaped them
selves that these men now In Office who are
RatsgOnistic To this measure, seeing tue
storm that IL brewing in the minds % an in-
dignant people, are as silent ON thls subject
as the marble walls which surround them.
aud recently when the bond.purchase biil
was before Congress Il WAS suddenly with.
drawn with the tacit assent OF the leaders Ol
both parties because the money kings saw
thst the people bad learned vast deal since
1873. aud they knew that II this bill was
pressed the amendment rem0nelizng sil-
yer would surely be passed. What q splendid
opportunity WAS then offered to the repre-
seutatiyes Of the South aud Wet, But II
VAS not availed OF. Just look Tor moment
al the present iinancial condition Of the coun-
Try, with fully So. 900, 00O oi surplus money
an the Treasury, and daily increasing, and
but for the s2iG. .0O0.O00 Of silyef-cel tincates
aaoat We would to-day be suffering the worst
iHancia panic we baye ever undergone.
Aud the Governments attempting TO relieve
It by purchasing It's own bonds, not yet due,
M premium OF about 80 per cent. what a
commentary is this upon our financial sd
ministraiion. Though this article il GER
tainly written in no partisan spirit,
surely | may be psrdoned for gentle
crticism upon the conduct u southern repre-
sentatyes Of the Democracy IN both branches
II Congress. No man can impcacn my loyalty
TO Tue democratic party. ! cannot state how
many times have voted against NY brm and
well settled convictions upon economic
questions, being forced tO DO - by the hidr-
Gus mass Of black barbarian la our mlds,
which made and mdkcS II necessary Tor u'
10 stand as solid as ndamant IN order Ia
preserve the supremacy OF the white race
and to maintain our local sell government,
which are with Us paramount considerations.
10 will do no barm 10 state that
this hileous mass OF black barbarlsm
was injected into our midst 70 great extent
by the industry OF The descendants Of the
Puritans who landed from The Maytlower al
Plymouth Rock, whose zeal and sentiment
on behalf OF the so-called superior rights of
the negroes quckened into life only after
they bad parted with the bodies OF their
slaves for valuable pecuniarv consideration
and safely placed the proceeds in some IN
tcrest-beariDg investment. After this was
done, and not before, bel, zeal in behalf OF
the poor African knew no bounds. This ~
the truth OF history. Menaced as We are
continually by thls stern and eyer-prcsent
danger the people OF Virginia and the
south are Of necessity compelled 10 vote
as a unit. With this explanation | will state,
10 commenting upon the failure Of our rep
resentatiyes TO attach and carry an amend
ment to the bond-purchase oil rem0netlzing
silver. that Washington city seems from
some unknown cause 10 exert avery deDfess-
ing influence upon our southern Democratic
representatives. At home upon the bust-
ings they fairy make tue welkin ring with
promises about what they will DO II they are
clothed with the robes OF Office; aud yet.
when this IS done, II they can secure an
appropriation OF some few thousand dol
lars for custOm-hOuse OF some obscure
town, this seems completely 10 iIll the
measure OF their ambition. Deputations
pbenomenal In the country seem 10 fade
away ike mist before the morning sun un-
der the depressing influence OF tie atnos-
phere Of Congress. Far be lt from me 10 say
ANYTHING unkind OF my friends, VINO neither
lack intellect nor courage. | only wish 10
remind them in gentle terms that this Is a
living, moving age, in which the people
think for themselves and watch with jealous
vigilance the actions OF their representatives,.
And | specially except from this criticism
that splendid representative from North
inspiration Of genus moved 70 refer the
tabacco tax bin 10 the Committee on Appro-
priations. lie seems TO possess that rsrest
Of all gifts sound, practical common sense.
Let hlm follow It up by moyiog TO refer the
Senate substitute for The Mills bill to the
same committee. II by this means the to-
baceo tax csn be taken of and a compro-
mise tariff bill passed the Democratic party
may yet snatch victory from the jaws OF de-
feat. Otherwise. - he truly intimated. ac-
cordng 70 reported interview, the failure of
this Congress 10 abolish the tobacco tax il
will be "the entering wedge to break the
solid South" 10 Is refreshing 10 lnd that
there Is at least one such practical man 10
Congress.
ITO be Continued.I
CAAM PArTgsoS.
Repton Post Office. Nelson county, Va, jan
uary 81, 1889.