Daily Iowa State Democrat. [volume] (Davenport, Iowa) 1856-1859, 1858-02-04

y noo0 Wnen me meseoaoeo 81 OSvoo'
port will 6nd It necessary 70 iucrease
their stock Of Goods, aud thus prepare
for the spring trade, and tho question,
with us, il, Aow shall this be done!-
Our currency is no better o than it
was last November, and, to all appear
anccs. we are no nearer u Ii ne when
it will he put on n with I linois or
Wisconsin, thsn when The Board of
Trade held Il cir Gu iency meeting in
October. Is 1t not true, Mr.. Editor
that, at that time, every a confden-
tally expected a change for the better
before, or by this time, and that il the
difficulties we're not entirely ~Temovedyet
there would be some signs Of returning
health, or at least, r state Of GONZALES
ance! Instead Of this, We have to-day
to all appearance, a larger amount of
of domestic currency in circulrtion,
than at any former period, without any
means of retiring the. same. 1t is said
that were it not for hope the heart
would break; and ask upon, = achere
there any ground Of hope? If we
look to the Eastern markets, We find
them full of all kinds OF produce, and
at very low prices. five look abroad
VIC lind the same state Of things, and
this, too, in the winter, when our water
communications are closed. What
then, must he the state Of things when
oil these channels Of communication
are again thrown open, and filled to
repIetion, with the produce Of the
country, finding its way to u eastern
markets, there to be sold al prices, that
do not pay the manufacturer, or m
nerate the producer, and this being
the only available al by which any
change can be effected, it certainly
does not require any great presence or
stretch Of the mind to discover or de-
termine, what our prospects are in the
future, and that future extends itself
beyond the next harvest. The curren-
cy that we have, has been, for months
past, gradually increasing in amount,
and of necessity, must increase until
the opening Of navigation, in the
spring, it being the only available cur
rency under. present circumstances that
We have or a have, and there is moth.
ing in this state Of things that indicate,
or in any way promises any relief; and
under present circumstances, we have
nothing to expect but the ruinous rate
of discount established by:.onc Of the
former clerks, and particular friends of
Messrs. Cook * Sargent, which is lG
per cent. for gold. This, is like a bis
fr plaster may be endured for a
timc,if in the end we may, with any de-
gree of confidence, expect relief
But after being blistcrcd again and
again, and still no cure, it is wonderful
that We doubt the skill or ability of
our physician, and, in as much as We
prize life, and our own life more than
that OF others, is it strange if we turf
to some other source for relief. In dcs-
peroe cases desperate remedies must be
resorted to-. The times are hard this
OF itself is enough and almost more
than we can bear, but when you add
to this from IL to l6 per cent discount
en- every dollar you receive, and Won
have a state of things that must use up
every business man, and bring in its
train universal bankruptcy. In this
state OF things it appears to me that
there Is but one remedy and that is to
take Florence and Burrows & Pretty
mans bills at Just what they are worth,
and no = If you buy a horse you
pay what he is worth and 80 with
every thing else We deal in and SELL
ing We do the m But, says one,
we get more for our produce than
we should well, if this be 80, can't
You see, that this is an unhealthy state
OF things n which bars hard upon
one portion of the community and
while you are benefited in the way of
price of your staple articles, you are
suffering in the payment you have to
make for your implements, taxes, gro
cer'es' and on your money borrowed.
The better way is, to call things Jy
their right names; pay for each and
everything that we trade in its par
rolue sell what we have to sell. at
prices corresponding to the times; BRING
ing down our rents and living to the
level which through our ext ravagance
we have in a great measure BROUGHT
ourselves; and in this way, as 500 as
possible, correct the untowar6 state of
things that now exists, by substituting
realities for imaginary or fictitious
prices upon our real and personal