The weekly hawk-eye. [volume] (Burlington, Iowa) 1858-1860, 1858-12-14

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Il ..!. ". s .:s... !. 49, II w.
II ~. WI ~ w. .., 1870 N1<AD~l - "A .l
m A7 Il. 1M4 4 H. .l11eeL - Nv -7 w.
4 s6ci, r.s.s
-. Al nseeslsy; = ~ -. d
- ~ nTN1 - isan 49, M..le -
4esses Dt1tes DFobAbIy IN 49, .sA Iuuv1
49, eAo Assb 1ssltts11es 80
ssess eoeG a1sn4 - ~-.a1 ~
II yeskea 49, 49, eMrSessi n l..l1sr1
ysee9 M@Mpesys IkeSp ,err1i u -
1870 ene - 4enaad. ~ - 49,
NJ eDpNs snese Seui4 ~ no des,ea1 u ~
II R0a sIteS 80 Aa8nMesnt syster . n1h~s |
sz.end'ne - ssseess 70 esssy -. tsat
Vnsoas De- sesa esou8ht e . "a u ~ (
| - oesesqoesoes nave resul,ed n
causes " 9eoy 0sAef branches " q. -
lecsefes H ssu.eyidec: tkat w.. 1n.
~ e0sy ~ pssoaess 1nvfaes-s' Nt
snsse eenncs bs sold, and ee1s.~.a - .
csase ~ ~ psO0ace0. St " stiy - |
4 Ne eevesumsnt, and espscIs1y
4 q suee Iimssed powers g a. ..N1n<n
states, could have prevented u, n. - Csitsi
| ne Wh0ie commercial world a.s-ss AIaiaa
g nave Deen rushing - this ca,ss, ~ ysan
/ .sT ruIn0us consequences would 49, n
= we OnHeo States. whether - M esw
foreign imports had Remained y ~ - -
Ger tne safin q l64e, Or had 49, 80
moces bigner standard. The tari0 " ..a ~
seaesncy 10 the result. Tha s.s.-l asHk
eA'suhK snfor1b0us the world e-rss
Dscn couvOheo ~ the iegidstios - 80 ~
ucuisf county 49,
ne periodical Tsvulsions which -.
10 ouf past history must consinss !. "A sxl'lA
.nservss 20 scn1 ~ our present u,hs-. .ssln n /
-eM % DARK credits shall prev.a - - l.
1890, P!eoaoiy bs the less sey~~, Nl
Dec1ose y - not 70 BE- expected !. n'sls
.s"y yen's 70 come, that The ecn~-. ~. 4 -
s,1ns - Europe, With whose insere,. =. - -
- 'nA'ofsAy involved, viii exna,, y - ~
20 similar calamities. Bur thia 80. isa
treated 20 much At length II -
message that shall not nov nr,,.. :A1L
Still, ! respectfully renew a. rss. ~. =
in favor Of the passage Of ! ur;s..ua .f.GA,
ns, sppncaoie 70 banking institufi,. @H Il
81 .ne o'lecs power over the Mbi1,f 80 ~
Denese, the FEDERAL goverDms,t -
oucn u" would mitigate, thcsgt Il n,i.A. IN
pfe'e". she evii. The instinct d s~N -.
non uhsns produce wholesome sessssias ~
'nsif osnkihS business, IL they knew. IN
vance, tna. 2 suspension Of specie pav,.s
"uaia 'neviaoiy produce their civil dsalh~
Dut sne enects OF the revnlsion are nov ~
oue Slowly passing away. The energy ~ E-
terprise OF our citizens, with our unbouna.s- +
sources VIII, within the period Of anoths,,..
restore state OF wholesome industry and M.
cities. The rate OF interest 10 there ve,,LF
confidence is gradually reviving. and 40 -
~ ~ discovered that this capital can BE- rv.ss
Diy employed IN commercial and manufast..
enterprises, and In the construction Of 80
ana other works Of public and private mr..
ment, prosperity will again smile throuebns. M
iand. IL Is vain, however, 70 disguise "A. ID
from ourselves, that . speculative iuA.t..I
our currency, without correspondipe 80
IN other countries whose manuisc,rr., ..-.
INTO competitor with our own, must ever n,oJ-..
DISASTROUS results 70 our domestic nsopsctD..s
NO ssnn, short Of absolute pssbibisia. -.
prevent THESE evil consequence
CONDITION. or THE TRrAsr,x
In connection with this subiec, \,
70 re'er 20 our financial condition. fhe -.
CAUSES "nich nave produced pecnniary dis,,~-
throughout the country, have 50 reduced 4
amount OF imports from foreign conn,rip, 4.
lne revenue mas proved inadequate 10 meet NJ
necessary expenses Of The government 4
supply me aenciency, Congress, BY the ,et \
'ne -ou OF december, 1857, authorized In "
sue OF sZo'ooo'OOo Of treasury notes, and, In
proving inadequate, they authorized by the ",
u June Il, 1898, loan Of $40, COO, 600 ato 4.
'pphsa - tae payment OF appropriation mad
BY law" -
20 statesman would advise that we should n H.
- y. increasing the national debt to meet The \,
lhsfy expenses OF the government n f.
"oulu oe most ruinous policy. In ca~s
var our credit must be our chief resource y
east Tor the frst year, and this would BE- erE
impaired BY having contracted . Iaree dsh
Tune OF peace. II ID our true policy ID I.
rease our revenue SO as to equal our arnenML
ures. II would be rlinous to continue "a ~.
ow, Besides, it may be proper To char. m,
he Incidental protection thus afforded -
evenue tariff would, at the preseut noms,, !.
ONE extent, increase the confidsne. Il n.
interests, and rive fr,.h ~.
ulss to our reviving business. 70 III ma,
Q one will object.
r..,v.
In regard IN tbs moda ~ ..
,ctine duties undar 60. - ~
ave long Entertained ana 80 .'seHus -
pinion. that scnnd noI;cv ,ao,;. IN. 80 Y.
{ done by specifc dn,;ss u 80. .',s 800 -
lese can be nranerlv annl;aa. ThsH
iapted to commodities rh;eb - ,,',..,-| ~ n.
' weight or m,asp,a IA 80 1I su \.
allure, are Of eouoI a. na,,,r s,a - -. -
lch, for examine "a ~ ..,;o, IS -
fferent classes ~ s,a ~, .1 y "oa
i'd spirits, Aos'sA -
In my deliberate iudsman, .o;s s..
e best, if not the oniy means ID - as. ss i.
venue against false ana fran,su -, -. v.
d such has been the nrac,ica 800, 1 800.
rpose by other commercial n.,;ons Ean.s ".
celtic duties would afford ID ,hs Ams,,..,
anutacturer the incidental ADVANTAGES 10 49,.
is fully entitled under 4 reyenua tarif IT.
esent system is sliding scale 10 bis sd,an-
&c. Under it, when prices are high AMI oas.
s. prosperous, the duties ris in amour. shsa @
Hass requires their aid. On the contrary
en- prices iail, and he il struggling ag,iuss
'efSisy, me duties are diminished in The saIs
,portion, greatly TO his injury.
sel.nsr would there .bs danger that higher
Z OF duty than that intended BY Congress
~ De iesied IN the form Of specific duties
Souia ne easy TO ascertain the average value
any imported article for series cf years;
', instead, suhjecting il 10 an I'D valosym
Y =. certain rate pen eenium, TO substitra
~ pace an equivalent specific duty.
by such an arrangement the CONSUMER Win
I'm R~.. 4. f.. 4