Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-12-22
machine is improved by experiment aud
by closer study of mechanical laws.
BUY GOLD AND SILVER WITH NOTES.

BUY GOLD AND SILVER WITH NOrEs
" A word or two as TO our metallic-money
basis For my own part, | am inclined to
believe that II would be better for US, so
long as we use gold and silver for money
metals, to purchase the gold and silver
bullion IN the open market, just as we
purchased silver under the operation
OF the Bland law-purchase gold and
silver bullion at the market price, not
exceeding 25.s grains OF standard gold ana
371A grains Of standard silver TO the dol
lar. How should we pay for itI why,
with Treasury notes as we are now DONG
under the late silver law. Purchase all
that il offered and il that does not give
us n sufficient increase from year 10 year
let us adopt the bankers rule and issue two
Or three more dollars IN paper for every
dollars worth of the bullion. Wenow have
SS46. 900, 900 Of United States notes IN cir
culatiou with 500. 1000 in gold coin
lying in the Treasury TO redeem II. Inc
proportion, you see, is 81 in specie TO
about $3.50 in paper Applying that rule
10 the gold and silver bullion purchased
under the plan suggested would give u.
from $3.50. 1000, 900 to 5000, ,00O,00O year OF
new money.
REFORM IN TRANSPORTATION.
Reform in transportation Is necessary.
We believe the time has come when all the
transportation interests OF the country
should be brought under one head. we
have now more than 1.2O0 different rail-
road lines, all under separate and distinct
managemeuts and with conflicting inter
ests, living off profits accruing from
charges made upon the people. IL these
roads wereaIl brought INTO one system, ope-
rated according to one plan and under one
management, charges would be equallZeu
and the cost Of service reduced % "A mini
mum. The railroad people themselves
have taught this lesson by the enormous
sayIugs they have effected by cOnsollda-
tlCns, as fer NJ they have gone,
but we find that these cOnsollia-
tiUns are breeding discomfort and strikes
among the men. and charges are
yet exOrbitant We believe that every
man corrected with the railway system
no matter IN what capacity engaged, from
the section-hand up 10 the guiding mind
shOuld be q Government agent, IN Govern
ment employ, charged with all the responsi-
UnteS Ok pubic officer, assured OF per-
manent employment, receiving good pay
and entitled TO pension, the same as
soldier. when ne has worn himself out by
long.cOntinued service IN the public inter-
est Something like this must be- brought
about because protit-maTglns on units are
being reduced rapidly IN Overy depart
ment OF industry. Inc average mecuahlc,
working alone, cannot make good living,
80 he is driven into the employ of other
men-men who are wealthy and who manu-
facture on a large scale; men who make
more, possibly, out of the labor of their en-
ployees than he does Uutof the profit upon
his product.
MAINTENANCE OF WATERWAYS.
Then we western and southern people
are all very much interested in the OPEN
ing and maintenance of water ways and IN
the supplying of water by artificial means
20 the arid regions. We believe that the
opening Of a deep-water harbor upon
the northwest coast Of the Cult OF
Mexico is a commercial necessity quite
as important a the enlargiug or New
York's harbor. and we believe that the
supplying OF water TO the ARID lands ls az
important and as much public matter as
either of the others.
These are our plans. You see We have
laid our lines out among the people, the
plain common people, as President LIN
coin used 10 put it-and by the people we
shall be judged"