The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1857-09-01


That = The cry now. Even those men and
1esaals Who have bssn loud In prsdictinrit
nd excessively busy in endsavorisk to bring
y absst, FOR tas Lass eight months, now join
y tAs ssy. Nis agreed, now, that there is
- Danger Of panic, and We think, when
~ NE land is tssning With prodscs, and
nesths on months Of labor have failed to
prcdsos panic, that il has become pretty
evident that paste y impossible. There
never vas reasonable ground to predic. one,
and had it not been for the persistent effort,
ct those who are constisniionally timid or
Who wsre interested in producing panic
sAs|ptock-gamblers and tho Tribulation Tre-
pids, I'VE should not have even that degree
q pressure which has been caused by the
tsar that there might have been great
fnsneial crisis.
We are sorry to class the New York Trib.
ssae among the journals that have been pre-
disting and proving the approach Of ruin for
the last several months. It is filter business
for the Herald than for the Tribune 10 be
depreeisting rather than encouraging our
public securities and the business and nro..
pects Of the nation. Yet the Tribune has
contributed as much towards that end A the
Herald, and it really looks rather cool to see
in its columns An article like the followinv.
after months Of studied and statistical effort
70 show what crisis We were approaching.
We copy from the financial article Of that
paper Of the Goth:
"a considerable amount of purchases were
made ~ the bears, who evince no DISPOSE
SION 30 press the market further. So large
fail places them In nearly ~ bad predic-
amens - the bulls, ~ their stocks NAV not
80 out. This has been the case to some ex-
tent to-day, in cases which were not publicly
announced. Il has been found necessary to
grant some indulgence. Ii 10 very certainly
now the true policy Of tho bears, a. we'll a.
OF every one else, to assist in checking the
progress Of the present crisis, and Ia restor-
Ink, - much - possible, public confidence
IN the general soundness Of the COUNTRY
Without this confidence, and without the 81.
tension OF prudent degree OF aid 70 the mar
Ties who are or may be in embarrassment. a
panic nay be established, from which NO
branch OF business or department OF indus
sry shall BE- exempt. 1t l. absolutely nsces.
eary that men and institutions which have
neans and influence should exert themselves
IN calming the public mind. The country At
large u rich and prosperous, the crop of
breadstuds 10 the largest ever known, while
orr cotton crop will sell Ut very high prices !;
and with cheap bread and dear cotton there
should BE- no reason to fear any serious COM
AGcial disaster in this country, provided
econony and retrenchmeut are prscticed, and
our overgrown importations Of foreign mer-
chaA1iss thus reduced"
Yss, and il seems to 10 very plain that il
was the sssrus policy. to have helped restore,
e rather sustain, public confidence, eli the
season, instead Of doing 80 much to impair
4, and render panic possible, for il has
bssa vssy apparent, II least ever since the
fsyasss Of the July interest, the taking o.
fsst of He new tariff regulations, and the a.
sassd abasdancs Of crops all over the land,
th1A ! panic was MOI possible without pow
Gssl ard systsnatse effort to produce one.
Thsir sAaaslessness.
We copy the following from the N useatine
losrnal. The reference which it makes to
Tho votes which Judge Lowe has received in
this community. on two separate occasions,
b just and pertinent:
"CoxrxnrTrHLE.--For want Of any thing
else 70 say sgainst the Republican nominee
Tor Governor Of this State, some Of the Lo-
eoloco papers are charging him with being
s<spiritualist" Of the Fox and judge Eds
ncnds stripe. Among the papers whose ed
itors are % interruptions Us to make this
charge are the Davenport democrat. Iowa
City Crescent, ard Burlington Gazette. Sc
n from it being true, Judge Lowe 10 lead
ing nember OF the Presbyterian Church At
ksokuk. We presume that certain transact
fions some years ago, which the latter paner
AllGdes TO rs "hunmering,n have given rise
70 the charge, bu. it ought TO be d sufficient
rafntation against any evil imputations On
that account, for Us to know that the com.
nunity most familiar with these transactions
has seen al twice since their occurrence TO
elevate him to the responsible osfce Of
Jo4ge, and that too, in an INTENSELY demo.
Npe&ie district. That mind must be t3ebased
tndeed which could acknowledgements such
: ehae9e as this against Judge Lowe
RvA3 sensitive, high.minded man will be
disenstsd q such an attempt at personal de-
1aSo1ion."
" hsve some pretty mean Locofocos in
Keckak, who are not apt to hesitate At
tribes, or to treat with much delicacy Of
feeling the character and standing Of poli.-
ipal opponents. But nevertheless, here wherc
Jydgs Lowe iivss, has long lived, and every
body knows him, no one has yet exhibited
knsSaf - mean - TO attack his private
sAasastsr. Or 70 dispute his fitness for the
ellss eoe which b. has been dssignased mot
-! o. H. csntrsry, " Say II to their
ass = ssll = his, they speak Of him 10
49, AZ snfverssi respect, and place the
I1n;ss: 1p.a ro..i.ca. po:l.. sli.ls,.,. Il
y ls4t Ter those u distance, who. know
49, abont him, TO commit this iuexcasable
1655r Coos. Private gossip ~ il is
n kssly sallsd, ssandal, = Il i more
Dpseiy dessninstsd, --is one Of the most
oenpsibls pssts II society. A gentlemen
y 61hnIa, Who's ws infer has sussrsd there
Iru1x, psbiishss in the Esbula Tritnm< the
ef1loSiag
Nenes.-Ths good people cf Ssbuls. Who
lo1lA - isteTeet Ii my private Affairs,
49, 4eaieht II alaodss and gosaip. az
teiaell asoasd, - think / -
eems ~ itens. Dea,t Is hask- 1
na1s. J. Z. Hrpsoss
y