Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-12-14

,,rsviouslv announced, secre'"''
c.~,,s,a ,cr promised to visit Ricnmohu
ny, month and address our peopie vi
.,,h,ao, of finance. The Secretary
,.,o,o.sed his reputation by his siiVer
..,rosress' through Kentucky pehni"s
,he recent elections. He is arn'eu
At all points. Whilst there may be some
,,,,,s Inconsistency between the doctrines
,s teaches now and those ne 'auHh'
yrben he was in Congress, he never
..o,s IN make a personal explanation
on the subject.
There are questions 10 be discusseu ny
"A, Carlisle which ought to render MS
Richmond speech highly interesting, az
III 20 the free-silyerites as TO
oddities. The former should near
hi,n IN order 10 be instructed.
ne ~ they need no instruction,
in order to he prepared TO refute ms ar
xuments when they are presented by
other persons II the experts IN the
Chamber Of Commerce desire to hear Mr..
Carlisle "for his cause surely the rest
of ms may lend him an attentive ear. Let
ma mention a few Of the subjects he may
discuss.
The New York Evening Post says mat
the effect of a law compelling the pay
mont of customs duties in gold would
rrohably be to force that coin to a pre-
MUM. and so clash with the duty OF the
government 10 maintain parity between
gold and silver. The Journal OF COM
merce replies in substance that this re-
su,, would not follow ii such payment
of duties were undertaken voluntarily
But we are by no means sure that the
Journal is right. However. the latter pa
per argues that there would be no BAD
results IL an understanding were estap-
lished between the Treasury and the
hanks biz which the banks undertook,
as a ,nle. to pay out gold from their
own stocks for duties and for export.
willie the Treasury engaged TO return TO
It's usage up to 1884, of settling It's bal
ances at the New York clearinghouse
In the same kind of money.
Another subject upon which Mr.. Car
lisIo might instruct our people. or those
Of them who wish to hear him. Is en-
Treasury, for any reason. borrow another
nfty millions Of dollars? And If even one
more loan Is effected in Europe, will
not the result be injurious 10 the credit
OF the government. To some people II
A. surprising how that credit has beer
maintained under the circumstances OF
the case.
ID Another highly interesting subject upor
wflch Mr.. Carlisle could throw light II
the proposition TO establish system o.
state banks and do away with the pres
enr national banking system. This pro
pcsition was, in substance. voted dowr
In the last House OF Representative
when that body refused to abolish tn
io-yer-cent. tax upon the issues OF STAT
hanks Nevertheless. there are thousand
of advocates Of the State-bank system
:. not only in the Southern States, bat IL
the great financial centres OF the coun
ny. IL IL a plausible scheme, ana MI
Carlisle can tell us all why 1t shoul'
or should not be adopted
Another proposition which the 'Secre
tary might touch upon is the President
recommendation 10 retire the greenbacks
Let MIR Carlisle explain bow that meas
IRE would operate. We have no ide
that Congress will carry out the Presi
don't recommendations In this behalf
hut We should like to learn how Mr.. Car
Isle thinks the proposed law would oper
ate. We desire TO see the details present