The daily union. [volume] (Washington [D.C.]) 1845-1857, 1854-04-30


rs teds 70 drEs his capital out q productive trade and
keep il in ane4raing sloth
THIS inaIdl-ssis Acx on The Insurance companies thai
lge ca RISKS ei fAsh when The risks become very nafer
ADa very great and their capital bccors crippled ana
no loAger able 10 earn dollar or pay Dividend Ald hAe
the capital Of the merchant reses froA trade and as
nesA
The capital Of the country then instantly becomes diAn-
iEhed IN value manifest from thishAf II draFen
from all business matter q course IL would become
nearly valueiess driven hon hall o. The business N
which IL ~as employed, u hoses habits value
TO arrive capital taeTaofe spA uAat is 70 eesifes or
all practical purposes capital and IN the proportion in
which Il WITHDRAWN 10 depete the national strength for
tbe wealth Of the ellzrn u ihe wealth Of the State
II then this raInhed injury attends the seizure de-
srneou % private property engaged IN commerce in what
respect does differ from The capture destruction Of
hOaa propertgt
II feet captures man-ofwaT, is place VIII be sup
piled with another on whom does ie cost OF the subsii-
uie ship ilif On The citizen no by The eonfiranee Of
tax Is maae 70 pay for II
How the soskholaer Of an Insurance. company better
of when be TAXED SHILLING 10 pay his share d this loss
instead q shilling 70 pay has proportion Of the loss Of
captured merchantmen Indeed u seems impossible TO de-
better scheme 10 make the losses necessarily incident
fall with al equal pressure ON the whole people
where il is t the pressure should bthan that Of captar
ing the private property Of heiiigerent the
sneh property throagh The citizens the government dis
tngushed from the people snstns very particular loss
in It's eIchequer.
IN many instances property duplicates IN vsine as II
touches the cussoznhouse in many it atAins even much
gretar value This multiplied value the Tariff il pays 10
the government 80 that the capture oonscaes not only the
then actual Falue ~ the cargo, but its value enhanced by
the duties 70 be paid when il would haFe reached the port
Of destination, which enhanced Talreone hundred pr
cent or exclusively the loss Of The govern
msaf and but ter the capture would haVs constituted
part Of the available means q the enemy to continue ths
war
There is, then mixture OF public and private property
In which the Interest Of the owner 4 u almost sa nhn
aa proportion TO the Interest d the pu6hei and usage
which should ior me sake o. LAe private spare ae poie
property enc better adapted 70 HenniA era than 10
the ninetath century, when desotr E 70 be checked In
the Old World and inieraeadg ey Europe Ia fbe Aiars
q America s % be rressed BY suitable ehAssenen or
other wholesome correction
This s NOT the season by modifying nsages OF war and
The laws OF nations In respect 90 much 10 our advantage
70 hold out premium io Intermediates In our concerns to
prosecute taeir perserss purposes ana every attempt al
home or abroad TO abrica'e popaAar opnion IN eea
Of such change or to strengthen at II exists should
dlscoansenanced as tending IN he event o. war 10
weaken me arm !" iaAs government
The foreign commerce OF naiaonAll engaged IN It al
bone and abroad no matter how isr removed rom seem
ing cdLE WIFI i'irum INN VINO s1Ahus nearest 70 lhe
foreign grower Cd the raw material 70 hlin Who rells lis
smallest frgeni after ~ has ass if lis hnai ios1n Id tns
hands Of Inc last eonsnluie bu e great
rivers and streams hy Shlen wealth = eAerea rom one
country ana loAen 70 ana dispersed through DINERS ana
var On 4 enly closes ihs gsa Ar'iheaai highway and
hockades ihf country o. TIE enemy
shuy viewed u = ihe mos h1nAAne way io cohdaet
Wsr- tasG IN us uAcA neaiher "onhos hof Graves ;
neifhes WIDOWS nor orphans IL u "&f On P'efe7s IN
stead OF on hfe anu letter peco'ss c'lIed age ana
commercial countries than battles with az ther Ponp q
banners and noAse Of Martial MUSIC ana dislAy o. hsf
barlc Circumstance
II Is quite FaradoxcAi to decain against the inhainan
q war on Fry ana YET preserve silence on the subject
O NE suhshgs ana nisefhes 81 oARes on Son or and "
rllt ths sentiment Don 80 Hean1Aas 1'sfs' Mas rs
pAfen Asr = me fssAs !" DafhAf'sn ano 'ne age q
e@'A.'y lAa 20 nheu ~ VIC Nonus nchfl anu MOI -
Aao' fA1iOoa - ~ a. ~ 40 h1inAA a"i
F1S
4N olahoh Iensi oeSA@Se tnsle hAs uesa ~ os~sao1
"sAAil.s =. ''1n AA1 -A'a FssNe ~Dtn 'he' arg
on'AsseA Inc 'afa = NAV u ~rOg n pae.e Val %
$50 lnai'iehM e,l1fhi, = ~ !" nAae 'ne 01faen -
ortunes faA Win greatly 1ore weight on soEoe than on
- bul n.Is - oe 30 ~ ~ hheh ~ s'As arg MOI
NtAfs 1hAfis.'a' AAa ~ SnloA '1ai''aAA-s arg hoi
.A'0s 1pe me s'AAens - an ~ zee - gen
en'eioe y 20 ''e-A = ''H'iu 49, A1'u
= 1''- - = -
'sSo - ~ au4 " hilahs7 4'D4s AiuNoas '''AH .iAa
SAe iAs7 tne ueSus 'ne 'e'e,Ah sene'A. 10 ir'ills
~ Asf1s re "a YOU aha ue nh'~ .n"i nc h&s heai me
lAHAT9 sau-i1h, ~ having az n'Ahs khoeAed oui "
cannon ball and has Eane spell wrong In the gazette;
And last Of all The poor soldier rho h grave bT the