Evening star. [volume] (Washington, D.C.) 1854-1972, 1857-10-21


:, an. /, no, fell to be the case by the parties
concerned, only proves how much use may olunI
fhe .ensibilities. Many man who would sn,ihA
from making beds, like foreign ho'ei waiter,
yet spends his life In an tha there is
thing uniignifed in the practice. ..;.h
..1hs f.cs is that the employment OF men, wnicn
=. universal in London and nowhere eise, - N.
result Of bad ha eS ant little change of system
~, dvision OF labor better construction oi ti =,
.S..,s and a more kind spirit on me pa,. q,
employ,crs and customers, tn. So,t .nv destruc-
81 tuoy,sn .-uld be utilized wit. out Sry s;r nos.
ton Of their f be,h or degradation Oh .n.
tion nd his in ,,untry where fr. .ra,e ma.
ton and other causes, wo.. zen arc IN 80, vain
jority, would, we presume, ,nsS "a one n
The respectable employment of w. W and So
ciety will do well to discountenance an, "
stupid, and indecent custom which keeps the.
from what would be a most fitting occupation.
The respectable young mem who serve In dra-
pers' shops may have their own notions Of dig
nifty, but for our part we would far rather any
son of ours welding the saw or trowel, or even
than mincing and bowling and rubbing his hands
to carriage people during the best days Of an ef
Terminate life"
CREDIr.-The New York Tribune goes be.
yond the current proposition that the New
York merchants shall shorten the time for which
they grant credit to distant purchasers, now
from four to eight months; in nearly all cases
as long, if not longer, than the /" time" which
the American importer obtains on imported
goods. The Tribune advocates the plan Of cash
payments for all merchandise sold in the city of
New York to be resold out of its limits. Our
regret is that 1t is not feasible. 1t might pos
siby be well for nearly all, if credit were abol-
ished but that is an element Of civilization
which, when properly restrained, has done
much, certainly, for our country SO far; and We
are not quite certain that though its abuse has
certainly injured individuals, even that has not
been of some service in the work of pushing on
the country to its present unexampled indus
trial condition. Nevertheless, we are an advo-
cate for as close restriction of credit, every
where, as the go-ahead and over-confdent tenn.
permanent of our population in business matters
will permit
1t strikes US as being probable that the prop
ositiOn hereafter to lessen considerably the
time on which goods are sold in New York to
distant points, will be one result of the current
financial arrangement; for it has been taken
in hand by number of leading jobbing houses
in that city, which profess determination to
bring it about. Its effect elsewhere will be to
shorten credit for goods sold by retail, and thus
to influence the consuming community to live
more upon its own immediate resources-to
purchase less and produce more in other words
In that way, if carried aut, it cannot fail to in
crease the substantial wealth of the community
The FISANCIAL Policy OF THE DEMOCRACY
While our respected friends of the Ite!iigen-
Ger are attributing to the financial policy of the
Democratic party, when in power, since the
commencement Of General Jackson's contest
with the Bank of the United States, the exist
ence of the train of circumstances which have
brought about the present condition of the
monetary affairs Of the country, the opposition
journals published in commercial communities,
where men are prone to consider financial ques.
lions apart from politics, with remarkable una.
nimity, indeed, credit that policy with results
Numerically opposite to those attributed to it
by the Washington journal named above. The
truth is, the current trials Of the business men
the land, and the practical-tangible, palpa-
ble--evidence at hand proving that but for the
existence Of the Independent Treasury and the
Illustrated in the financial recommendations Of
the last National Administration in tho action Of
Congress on those recommendation, and in the
public spirit, energy and foresight manifested
by President Buchanan and Secretary Cobb in
their measures to ward of the damages other.
wise to result from the present financial oondi.
ton Of the country, satisfy business men every.
where that the disasters Of the times would have
been much worse, as deplorable as they are.
We know no better method Of setting to res {
the evident purpose Of our respected friends Of
the Intelhseneer, to revive q bank.of.t the.
United-States party, than to spread before the
world the ideas of what that paper conceives to
have been pregnant with unfortunate conse-
quences, which its political friends, where tho
shoe pinches, entertain ON the subject We
accordingly quote the New York Times Of the
day before yesterday to that end, with re.
quest that the reader will remember that it is
of the school of the opposition that never says
an approbatory thing of any democratic mea-
sure that can be avoided
THE Panic AND THE GENERAL GOVERNMENT
Let Us do Justice TO the Administration and par
ticularly the Treasury Department, in the present
emergency IL sounds fiat and Improbable to at
National Bank. IL the early restoration Of sue
power We're practicable the proofs would be
wanting that any part Of the pecunary evils I'M
der which the country labors, is TO be charged to
the working Of the independent Treasury, which,
like the tariff Of lS46, is the fixed policy Of the
Democratic rule In the General Government
w hatever may have been thought Of its wisdom
on its first establ ishnent however inconsist-
ent In theory, the hard featured principle of the
sixteenth section with an enlightened and gener-
Gus commerce may have been deemed ten or
Twelve years ago, practically At has porked for
good under Secretary Cobb and his immed late
predecessor. The late Administration saw tine
greatest specie accumulation, and after applying
ice surplus as far as practicable to the reduction
OF the public debt recommended concession in
tue customs revenue equal to One-ifth the tax
upon foreign imports,-and this adopted on
the eve OF the incoming Of Mr.. Buchanan The
modification on the scale Of the foreign trade OF
the fiscal year 1856, ending 30th June last, was to
| have reduced the annual collections for the sup
port OF the Treasury from sixty -four down to for
ty-eight millions in 1858. AT the same time Con-
gress shaped the budget of public expenditures
Tor The new year to consume only this red need
revenue, buta large share Of the surplus resulting
| fom the previous accumulation