Daily Iowa State Democrat. [volume] (Davenport, Iowa) 1856-1859, 1858-01-29

A CURE FOR FINANCIAL DIFFICUL
TlEs.-After continual meditation, prot, IN,
cogitation; much deliberatiou and esrn..
consideration. the Wildcat Gasetse has die
covered q sure cure for the financial troub
les OF the times. 1t 10 exceedingly simpi'
and may easily be put in operation. ltmus
be apparent to every one that the cause q
the extravagsnt rates Of exchange. the de
probation Of Florence to seventv-fve OF
eighty cents on dollar, the refusal Of the
Rail Road Company t, receive wildcat fol
back freight, the diversion Of the pork trade
ofCedar COUNTY from Davenport to Nusca-
tine. the selling Of exchange st Chicago st
l-a per cent vhilse In Dsvsnport II eas't
y Asd an=say pyess, ~ bsfs6lns u the
Bank Of Florence by the susr pension Of spe-
Gle payments. and the thousand other dis
tr sses which afflict this community. is not
the refueal Of Cook 4 Sargent o make their
wildcat good, but the shameful exposu. e. Of
the lopo State Democrat. To have news-
paper in this city which dares protest against
the impositious Of ~ildcattsrs, and t. call on
brokers to raise their "cst" to par. is out
rageous, and ought not TO be tolerated
We are glad to know that the infamous
course of the State Democrat is receiving the
execrstions Of some Of our leading citizens.
At large and enthusiastic meeting Of The
editors Of the Willcat Gazette, Alfred
Sanders, A. s. s., was chosen President, and
Addison II. Sanders was unanimously elect
ed Secretary. Mr.. Sanders, A. S. s., stated
the object of the meeting, which was to
devise some means to check the increa 80 Of
the circulation of the Io,ca State Democrat.
On motion of Mr. Addison H. Sanders, q
committee of two was appointed to draft
resolutions expressive c! the sense OF the
meeting. The Chair appointed committee
of two. consisting Of Alfred Sanders, A. s. S..
and Addison II. Sanders, alderman Cue
lich's Protege). Here the meeting was in-
terrupted by the entrance of two officers cf
the Florence militia. When order was re-
stored. the following resolutions were adop-
ted:
Rcs7lued. That the circulation Of the Ga
-et.e, iu job printing and advert; sing, have
Teen decreasing of late with larnentable ra.
pidity, and its condit on Is beginning 20 be
= tickiish. and that its employees who were
brought here by false pretences, are bout
to return in d -gust, to Chicago
Reso'ved That the Io~a S ate Democrat is
the official paper If the city, and has the
city printing. that it has also Federal pap"
in the shape Uf Government .dvertisi; 2 !;
that its subscription list. job printing, and
advertising, are increasing in q manner to
justify alarm on our part and that We will
resort to all means fair and unfair, honora-
bic and dlshonora' le, giving always prefer
ence to the latter) to injure it and check its
growth
RESOLVED, That coumitte of two, consist
ing Of Alfred Sanders. A. s. s., and Addison
II. Sanders, be ,ppOlnted 10 carry into effect
the object Of this meeting.
Resslced, That copy Vt these resolutions
be published in tue davenport Daily Ga
xette.
From the proceedings it will be seen that
some Of our most distinguished citizens are
moving in the matter, and from the fertility
Of their invention, and the elasticity of their
con-ciences, the best hopes may be enter.
t4i"ed AL. that is required to abate the
pre'.nt financial distress, and to convert the
Florence curse into blessing, is to destroy
the only fearless aud outspoFen Journal in
Davenport As evidence Of the earnestne- 8
with which the GGzette has entered on the
work. We may me tion the fact, that it
charges the Democrat with circulating ru
mors injui ious to the merchants of this city,
when it is we'll known that the Gozet.e itself
originated those rumors, and for weeks as
serted that if Florence we're raiseu to par,
Cook 4 Sargent, and all the merchants Of
Davenport would be hopeless bankruptA-
Much may be expected Of a paper which has
the effrontery to make such mendacious
charges. The Gazette has our best wishes
in its noble enterprise.