Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1858-12-22

Gee le 10 u ara 81 ~. with fall ppverS AMI ii-
SirIctinn> to s:trlr ia - d.ff-ren:ss in an
anc I1le an p tcefIl nam r, this be prac-
tic Iol-. His exPerien;: i III disereti N lusti
iy tre n 'Ps thr IA; nav p.Dse successful in
e. ,vInci 4, The PI-4sIysI gIvernm,nt that
it 4, i 4, b,ih u hlI,: AMI I,tice lhls they
81 IIII vol IntarIly AMI p-1np ly make a,oIe-
IN .st TOR he w'JIS' wlich th.y have cDn-
IN TIE A E; last the Unite SGtteI. al in In
,fy q Ir injured cItiZs Is waJn IN ~ have fJr:
10y deSp JI.I Of tn -Ir p'Op -rty.
ShIil or cIn ni>slJasr prbya unSIcceSs-
fIl, after SINGER anI e4rne ,t elf Irt To- acc IN
pli IA tn. .,tj ct OF his mission then n alter
nItvs will renLIu bIt lhs e:n2l0y .n.n5 of
fI:c. u ~ -In ''Ju't si-i,f sc-iOI 'rIh Par
aSIy. la view u tai' cIIJIa,.a:y. the
) .c:e, nv u; IN. Nay, uil-: ny direcLiJl.
nI' i1telolE al d'-?Ic1ei i nlydl f1rca.
% real -zEoI,n: 6Ins,, Ayres. which. it
Is believed. will prove ,uai tens fJ' IN: %;
ca,IJn. IL i, my earnest desire. ho yegef,
that it may II D. fond ncce ,sIry 10 resort
10 tn ~ al'erH uiye
Wl.n Ca sf-,, m.5i in D.c.nh,r list, the
ia ines, oi ia: 60 Int'y hIl jI,5 b.:I crash
ei y u ~ Ul IL ',e p;fIJ lc / lreyIi,iIt, wnJci
r.. "a. InevIL tSls 60 l,e -Ics Jf or ,oIn
.ln / .x.rLytstIs syst: ii hIIi cre IiJs and
al ltl irfeIcy. " Ith all tn. elt n ~, "f
"a iJI,i y Arr Ia 1bIIItH:i. nu: mIIlfI:-
.ur.., We = II, rel IL /. 1lf u,ef Al publIc a1l
DrIv tle .-nsrrpri,.S weri arrested, aIl thou
>tI /, IT l.lbhefS We're i .priVc,l of employ
ru-n. ani rrIu;ed 10 wat. Un Iver<sI dis
Lres~ prevailed ann the commercial m mn
flc u in An mocha neal CLASSES This revul-
sIbi Wa, felt the IA re Ne'errly in The nited
) at. ga I>s II nil ar clISei hal proluceI
the lise de, 'rtbl' ef;ctS thro ghp1J the
cDn-n -rciIl u, i,l> 1T 3Irpp. Al were ex
y n Inla: -sr> -v-r WI 70. slff RI. -eyer.
iy. N; b.cIi,.. d the r-cenl re I:fiI1 il the
tt''f ii 1 Itrrs ~ ilnpprts. bIt b.clIse there
NiS n drmIrl 4, " pic. f,- their pr'Iie-
tIpiS. OtP.,plr we-e nbli,-,l e. r--tri'.'
riis'u''ls'.' IN h-ir pIrehIs'. - articles nf
1rtn n Z iEr IA the gard p-pstrrIII
ut hI>II'>S III. iron M anu T ur.~s in th-
t'fsr.n- StTp> p-rh Ibly sIif.r.l m ~. III IN
Al, - her clISS and much desiiru'ipn was
N iueVitabi-- cbI -eq1ruc. am,ns tn g's4-
iu1 - hf " ,rls II ~ whb h al ban e AZ ~
il tl - fIl branch of or mi I.try TIA -.
crIll D. ~ supply whe1. III -. was - q.
Ind Ia p-eSent an PSInYi-. thsr,iclIll
b nD lie u mi for r1ilroI iron after ~ mts-
niic system of rail-OilS. ext-n lin. it,
bsIri Ia every ppriiIn Of tn. UniTi. h1i
be III OIshs q l leuI pIrsn Ia. san-
'n~-q ienc-S have r-Suii.d f-nm sitnil u
cais'.S IA any n;h n hr ~ .h.'ns n .,f,il m,uI
f,:turerS tits self eyI .nt thu WI - IA ~,
'Snr ~ liiytI Fn chI.e mrIrfIctirel Ar
icles rhe-e cln-iI, h. ~ | AL ,nsa Ieat.
ly mt cease u b. prolucel
No : ~ rrm-n'. anl c>peciI lily q gIvarn-
~ mt nf ~I,h ii,niJe Dlye-S a th,g If Th'
U ii ID ST lteS. c1Ill have p -eve Ite III late
resiI-inI tn. whIl. cpmn .~ct would
Sem Il f,r yaarS tO hIv, b .eH rI>I'nG t'tniS
catast r'phs rhe -am .rIiIIISc,I>sqI 'li'|
SrIiI hrv. fIInvel ia tn Unis.l Sa-a'.
W lie her tn i All - upII fr:i - inpt'-s hil
rn.,i - th..v w.r, ~ ler tn. r1riif q I Is.
ar Al b..l4-lis' 10 a M I;h hi n r -;i1I r..
Shstt ifnfI16 hal as.n:v in the r.:SIiG
TIE y-n raj cII.e; * ,sIhs hr1Igl mi tn.
wi I. c mi NJ hIg.. b -.n ,pI.rJll:l by tn.
leg | uiri 1T If Lny PItIeI,E cbIlcry-
th- . srIJIIc4i revolutions which have
.xiS -d in our pas, history. must continue
10 return at intervals: 50 long aS our
pr s..n' ulhnu 1 II system Gf bank cred
~ shall prevail Tnev will. however
prob lb,y ~. the less severe IN future
- cius- IL j. not In he expected. at Least
f,r n,tny years tn ,nl-. that the com
n rci,I nations "f Europe. wi who's
rn.rr->iS our oSn are 81 m1trIi,llv in
v,'v-. wiil -x) ,<e Them selves 10 sppilar
-iIumii.> b. this snbjrc, was 'Iearei
- ,nu n at large IN my last annual mes
Re rha' [ Sh AZ not now pursue u iurth
~ 5 -. resp -c'fullv renew rhe rec
oun i,linl. in f4vur of the pas sage {
I UNIFORM b,ukiup, law. applicable t."
haak.as ms i,ut,nn: This is all the
. w r. Over the subj ct which. believe.
l., 4, Il. 4 rnt,f.,t N , S4.as 9 ,rh
, law would mirihr. though it nigh,
not prevent th.. evil the inSlin t OF self |
pr---rv ri IN mi sht prIiu;. r WHOLESOME
r 81, sinl upon their mixing business. il
n knew in advance. tna; su-p-nsiOn
u $ .cie p4vmen's would inevitably pro
iu.-. their civil dra.h.
Bt he IF cts Of the revu'sion are now
slowly ba, surely passing away. the
sn-rsy and el.erpri>e of our cilizens.
with our unbonndsi resources. will.
wi hin the per;ul nf another year, re-
,tor,. u s'ate of wholesome in luStry and /
irale CIpi Il has again accumulated
n our large cities. The rate of interest
is there vrry low. Confidence il grad
4ally revivins. and So soon as IT is dis
covered that this 'pi.al can he profit
ali! .mnloveI 10 commercial and man.
4 recurring enterprises. AMI N the Goa
,truc i'm of rtlfo ads and other works of
,u5i: and private improve rent prosper
" will gain smile lhrou yhou, the land
[, i, vain. however. TO Disguise the fact
rum ours Ives. that Speculative inflI-
i,n oi Snr cHrrency. without cores
, p1iin inf l.iOn in othe: Countries whose
N .nuf,c u'es come into competition with
'Ir own. must ever produce disastrous :
''~u't; II nur domestic ma1ufIc ures.-I
tariff. short of absolute Prohibition. !
an prevent these evil eonseq lances.
Ia connection with this subj .ci. II ia
Ia refer to our financial cnndi'ion. ,
me SANE causes which have produced j
.cunisrv distress throughout the coun c
rv. have SD reduced the am )unt Of i'm
Drt' from fIr-i m countries, that the rev n
nue. has proved inadequlte to meet the i,
ac-sstry exJences Of The governm N =
- supply tn. deficiency, Congress. hv =
ne AZ, vt the 23 of Dec-mhar. lH55. !
the issns Of so O00 900 Of 1,
-ersury nn.es; and. this provins made j
nat. they sT;horiz d, by the act of 1
me l4h. 1853. AN Of So Oo0 900 a
to be applied to the peyment OF aPpro e
rie'i,ls made by law j
NJ s.a,-smln woull advise. tha. We {,
loull 90 on increasing the national debt :.
meet the or linary ex) aces OF the e
This would be a most ru 3
ious pulley. in cas-, OF war. our credit s.
Iust De our chief resourc, at least foi e
he Fl rst year. and this would be greatly n
nptired by having contracted larg. il
ebt in time of peace. IL is our true p
oIicy, I, increase our revenue so as TO o
Iual our expenditures. 1t woald be [;
liuous to continue to borrow. Besides, %