Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-07-23
som Suggestions About Finance.

To he Editor Of the Dispatch
Everybody says: II don't know any,
thing about finance. but" Then
comes what is believed TO be a very hard
question. may be. concealing profound
observation.
Well. one thing is certain more people
are thinking about finance and the phi
losophy of money than ever before.
Every honest man who thinks earnestly
and unambltiously may help, more or less.
by saying what he thinks and telling
briefly his experience The propounding
of theories, the publishing OF nostrums,
aud the fighting for pet ideas by private
philosophers or the using OF popular
fallacies to get into office, the sacrificing
of the very best interests Of the country to
private profit are not only to be depre-
Gated, but promptly TO be branded with
disgrace.
At this time the finances of this country
are transitive and formative. But under
Heaven, this great country will stand its
trials, work out its problems-the pro-
blems OF the world that have been occu-
pving society from its beginning. The
very establishment of our repub-
lie was the grandest achievement
of latter days. Its principles are
eternal truth; its practical perfection
can only be reached by Gods blessing IN
time. American manhood. vigor. energy,
character, large-mindedness, and large
heartedness and perpetual youth are the
elements and Instrumentalties to ac-
| complish the empire Of wisdom, of cha
racter, and of law.
All the foregoing may be fine talk, but
we have all got to rise 10 its height and
move under its light and influence il we
are to share IN the glory OF the United
| States.
In this immediate and pressing question
| Of finance we are all acknowledging that
! the bold disregard OF the law of supply
| and demand is at the root of our compli-
| cations. entanglements. and confusions.
| Not all of the nations of the earth to-
! gether can make the weather unchange-
/ able or keep the human race from being
lmpelled and restrained from being con.
| trolled and worked by its interests and
passions. Nor can all the legislatures OF
the world fix the relative or comparative
| value of gold and silver. OF copper and
iron. of wheat and corn. or OF any two
products of the earth. Law forever
| laughs at the caamities and fears of those
WHO disregard It.
The madness OF the attempt to fix the
value of silver has made Us the laughing.
| stock of the world, aud involved us IL
! Unreasonable distress and perplexity
But we will get out Of il sadder. and wiser
/ and stronger.
The repeal of the Sherman bill will be
proclamation to the world that reason
and conscience are in control. The crazy
| popular king will acknowledge that Law
rules IN the kingdom of man. And natural
| principles and good sense and the course
Of things will work out the rest. just q:
when man stops drinking his affairs be-
gin 10 set themselves right.
We don't know what sort Of o currency
we are going to have, but We do know We
viii have q sound and . just one. Well
/ have no double standard to cultivate
! double dealing-to give one money for
contracting and another for paying; nor
confusion OF ideas that promise o time oil
pell-mell havoc and confusion.
| We are writing generabties. because the
times call for fkuziiarity with genera
laws and the suggestions OF experience
md nature. Orr government aud ouI