New-York daily tribune., 1854-07-17

men who fiji our Legislative halls could by this time
have arrived at the conclusion that system tending
to enrich the money lending class at the expense OF
all others could not be beneficial to the farmers and
planters. and that it might be well to retrace our
steps. and adopt policy that would keep the gold
and reduce the rate of interest as it is now being re-
duced in France and other protected countries of
continental Europe Far otherwise, however is the
the tendency Of things To enable the gold TO 60 out
even more rapidly than it does. to render money
more scarce to raise still higher the rate Of interest
TO increase the difficulty of making roads and to re-
duce as far Us possible the price Of land it proposed
to reduce tie duties cloth and iron generally. to
abolish all duties railroad rOn and to offer the
people Of Canada bountes on the settlement Of their
lands in order that they may obtain more gold from
u.s. to be used for the purchase of British cloth and
British iron. Already we have granted to that coun-
try advantages that have enabled it TO increase rapidly
in population and wealth, and that should have pur-
chased the freedom of the fisheries and Of the st.
Lawrence but it is proposed to give to 1t all tue
advantages of being in the Union while remaining out
of it, And erery step in that direction opens ne" oA',
let for gold, tending TO produce decline Of Pr'eeS anu
adranee in the rate Of interest The Government is' a'
we have said administeredin the interest OF the mone!
lending class and all its measures tend to the ouiiu
ing up of that class at the expense of oil others-anu
this is the Sham Democracy of our day
We are told that the so-called reciprocity Hea! ID
noxv to he confirmed Should it be so, we certainly
shall not be at all surprised-nor perhaps, shall we
be greatly grieved 1t will to be sure somewhat
bas.n the crisis that is approaching but its effects
will we think be sauary, for it cannot but produce
tba Of
tba, if the provinces are to enjoy all the advantages
Of beipp in the Union they shall participate in the
performance of duties imposed rpon its States-and
that they shall either renqush the one OF assume INC
other If the treaty become the law of the land tmust
apparently be by help of southern voks' oul wh''
advantage southern men can likely teresultrom
the adoption of measures tending to render money
scarcer and to increase its prce-to Increase the dlf
fculty of making roads-and to hasten the day OF
annexation, we quite at loss to conceive.
TIE people they represent are generally IN
debt and it should be desirable to reduce the rate
of Interestingly have lands and it is their interest to
have roads-they have cotton to sell, and the more
roads are made, the cloth must be requred-they
have wheat and coal to sell, and the more readily
capital can be obtained for the making of roads the
higher will be their prices and yet all their move
ments tend towards an increased expulsion of gold
an increased rate of interest, and q diminished
value of lands So, too, with the Western men.
They need roads and yet all ideas look towards
apprecating to the highest possible degree the value
of the commodity, they require to borrow for the
| making OF roads They are dependent on the money
lender and they seek to increase his power by sup
porting measures advocated by journals that are sold
body and soul, to the money lending interest. SO
long as they look in that direction for advice they
will find constantly increasing difficulty, but when
ever they shall support measures leading to the
retention of gold and the dminuton of the price of
money, roads will be cheaply made, and every part OF
the country will be enabled to participate in the
advantages resulting from their construction