The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-02-03

last IN full view OF the present financial policy, the
only loan authorized and effected at or above par by
ths government or by any other government, during
of any considerable magnitude OF duration. No
crushing reiutatlon Of such complaints against pres
ent financial policy as in itself destructive TO credit
well be imagined, than is contained in this single fact
nor can stronger appeal to the patriotic cooperation OF
Congress in the imposition of the proposed tax, be easily
embodied in language:
he revenue necessary for peace is always inadequate
Tor the extraordinary expenditures Of war When, there
io such calamity occurs uniform experience here and
TO resort TO loans, and al the same time to augment the
If the expenditures greatly Increased and heavy
loans negotiated whilst provision IS made by augmented
revenue meet the new demands all experience at home
and abroad has failed demonstrate that the credit
Of the nation is for the time being affected nurousy, and
loans negotiated upon terms less advantageous 10 the gov
ernnent Is believed that the only loan effected
or above par by this government or so far as IS known TO
this depaTmen by any other government, authorized and
magnitude, is the loan of live millions negotiated in No
yenber last the loans during the late descending in
mened until the loans last effected, in 1914 realized in spe
Gle about sixty cents in the dollar
'ln view OF this event. and from anxious soicitude
TO maintain the credit of the government negotiate lis
loans at or above par and thereby preserve its credit
with also TO meet promptly all expenditures, and
especially those required the honor the
Try, and to pay puncuay in gold silver, It's real equi
valent soldiers, seamen, and Volunteers who at the
peril of their lives fighting the battles of teir country
this department fell bound to recommend, what, in
peace IT did not FAVOR "A tax ON tea and coffee
That the opponents of the should attempt to en-
barass the government in its prosecution by voting
against the measures necessary sustain the public cred
IT. Is not, perhaps, to be wondered at The spirit of fac
ton has heretofore in history pursued this course and
has reaped its reward in the universal condemnation of
the people. But that any Democratic members OF Con-
gress, pledged by their vote to sustain the war; and
to bring it to successful termination-hat any such
men, sent to Congress sustain the administration in
such purposeshould upon this great issue of national
credit act with the opposition party, in their speeches
and their votes, and thus abandon TO all the chances of
financial difficulty and embarrassment, an Aiminisra
ton of their choice, whom they themselves have
charged with the tremendous responsibility of war,
spectacle which the masses of the Democratic party
throughout the land, will view, we are persuaded at
once with establishment and Indignation
We invite, in this connexion the attention of our
readers TO the pul apology which Mr. Wentworth of
Illinois, made yesterday in the House of Representatives
to palae his detection at once from his party
and his duty His remarks, as published are stripped
either by his discretion by that of the reporters
of considerable portion of their vugarity and abuse
But they stand, they show the substance of what
he had to say in justification of his course Introducing
pration bill the usual provision for the compensation of
the President of the United States he proceeded to show
that several members Of the administration had opposed
tax on tea and coffee in time of peace; to make the
foolish assertion that such would make the State
of Illinois pay than it had paid under the tariff of
1912; to twadde in style of very unusual Stiffness
about taxing old women and old maids to appeal to
the narrowes and meanes forms of sectional prejudice
to lug into the discussion the river and harbor BILL and
the French spoliaon bill, and finally TO parade himself
through his hour before the House at once an apos
tate from his party, and the butt of the oppos
ton. The opinions and the denuncations of such man
upon such question, are possible of less importance
than the ridiculous pretences upon which he en-
deavored to found them His speech at least explained
point very clearly 1t showed fully the why
he has failed acquire the slightest consideration in the
| House.
We regret exceedingly 10 find democratic representa-
tive from Tennessee standing up TO oppose the tax
tea and coffee in such companionshp. The character
and ability of Mr. Johnson warranted the expectation of
wiser and better course
| AS out of many indications of the sentiment
OF the country in relation to the proposed method Of
raising the necessary prosecute the war; and
sustain the credit OF the country, we copy the following
from the leading democratic paper Of Missouri
From the st. Louis Union.]
TEA coFFEE.-We perceive that an effort is made to
produce sectional feeling with regard the proposed duty
on tea and coffee Ridiculous II may SEEM grave Con-
charge that the savehodng States desires such
duty because 1t will press more heavily free labor
The cant of such demagouues deserves n stern re-
bule. The slavehodng States have for long time
favor of strictly system of duties they
for the in question part of that system when adj
ditiona revenue is required the expenses OF
Heretofore the south and have been heav
lily toencourage manufacturers the north and attempt
to defeat important proposition by mere cant
phrases shows that arguments against cannot be found
When there Is of revenue, il is wen enough
establish free list; and in arranging regard should
be had TO the of the people. When there likely to
be defct, however, all imports be taxed for pur-
poses revenue had loans direct taxation
to both. The true issue, disguise they may
tween revenue duties all articles, and unnecessary
increase Of the national debt direct taxation In adjust
aud sugar should be placed it, well as tea and coffee
for they more essential to comfort, and gene
rally used
The wings during the continuance of their protective pol
icy, frequently urged the imposition of duties tea and
coffee and why have they changed their course at the
present time One wing paper the New York Courier and
Enquirer, uses the following Language this subjects
''We respect the hone motives of those who on pnc
pie, oppose this duty; but utterly dcspse the
principle exhibited by politicians who oppose the meas
solely from motives of rpcdeacy and with view to
cripple the administration in carrying the with
Mexico. If had always been opposed to the duty
instead of in of it, should advocate measure
measure, and demanded by patriotic consid
eratons. There can be but opinion among honest
men, IN relation to the wing presses, which year ago
aured the Secretary of the Treasury for daring
ommend the reocHne duty and now, time of war; oppose
its being levied We are of that class"
The rebuke in good time from that source. Willis
ITS political friends are shifting their position yearly, merely
for the sake of embarrassing the government the Courier
and Enquirer the