The proper time for the resumption is the time when wise preparation shall have ripened into perfect ability to accomplish the object with a certainty and ease that will inspire confidence and encourage the reviving of business. The earliest time in which such a result can be brought about is best. Even when preparations shall have been matured, the exact date would have to be chosen with reference to the then existing state of trade and credit operations in our own country, and the course of foreign commerce and condition of exchanges with other nations. The specific measure and actual date are matters of details, having reference to ever-changing conditions. They belong to the domain of practical, administrative statesmanship. The captain of a steamer, about starting from New York to Liverpool, does not assemble a council over his ocean craft, and fix an angle by which to lash the rudder for the whole voyage. A human intelligence must be at the helm to discern the shifting forces of water and winds. A human mind must be at the helm to feel the elements day by day, and guide to a mastery over them. Such preparations are everything. Without them a legislative command fixing a day--an official promise fixing a day, are shams. They are worse. They are a snare and a delusion to all who trust them. They destroy all confidence among thoughtful men whose judgment will at last sway public opinion. An attempt to act on such a command, or such a promise without preparation, would end in a new suspension. It would be a fresh calamity, prolific of confusion, distrust, and distress. That is to say, Congress has not sufficient intelligence to fix the date of resumption. They cannot fix the proper time. But a Democratic convention has human intelligence enough to know that the first day of January, 1879, is not the proper date. That convention knew what the state of trade and credit in our country and the course of foreign commerce and the condition of exchanges with other nations would be on the first day of January, 1879. Of course they did, or else they never would have had the impudence to declare that resumption would be impossible at that date. The next extract is more luminous still: The Government of the United States, in my opinion, can advance to a resumption of specie payments on its legal tender notes by gradual and safe processes tending to relieve the present business distress. If charged by the people with the administration of the executive office, I should deem it a duty so to exercise the powers with which it has or may be invested by Congress, as the best and soonest to conduct the country to that beneficent result.