Red Wing sentinel., 1860-12-19

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COUNTING TIE COST.
The triumph Of the North over the South
n the election of Abraham Lircoln, Presi-
lent, however gratifying to the pride Of
has prccipitated upon the
country most disastrous results. The I'M
agination Of the most fearful and apprehen-
sive man in the Union could not even
have conjectured the devastation that has SO
como upon US. Let us review the
events Of two short months and we will be
at the grave calamities we have
already suffered, and are likely to suffer-
The cost Of this political triumph will
amaze, every one. The work Of ruin has
been so rapid that We have not realized
the condition We arc actually in; we are
really bcwlldcred in counting up the costs.
The best informed journals at the east
have fixed the loss Of values in the country
since the election Of Lincoln at the alarming
sum Of $500, to 3OO.OOo,OOO. Thompson's
Bank Note Reporter, some time since said,
that even then there had been ninety dol
lars to every man, woman and child, white
and black. in the Republic. We thought
these statements exttravagant and that it
would not hold good in Minnesota, and that
we werc exempted from this great ruin
Again VIC say let US couat the costs and
sec.
We in Minnesota have, at low estimate,
|6, ,0O0,0 600 bushels Of wheat to sell. Before
the election the wheat met q ready sale at
about the average Of seventy five cents per
bushel; now it is dull At fifty cents and can
hardly be sold for forty-five cents. There
are few purchasers for cash At any price.
At twenty-five cents depreciation on 5000, :
600 bushels the loss on the one article OF
wheat is 81 100000. The number of vote.
at the late election in the State are Is 600
in round numbers; so each voter has in two
months lost the average amount Of fifty DOL
lars to ths naan'on the wheat crop alone.
The loss upon other articles, pork, corn, oats,
barley and other cereals and vegetables
cannot be less than half as much more; and
We have the aggregate loss, to this time, sew
venty.tive dollars to each man. The depre-
citation in the money in the country is at
least three dollars more to each man. We
have already ascertained the present loss to
he scventy-eight dollars to each voter. and
We have not yet enumerated one half ofthe
losses Of the people.
The consequent evils to flow from this
unfortunate election are dimly foreshadowed
but they will be most disastrous; especially
upon those who have debts to pay. The
debt will not diminish while the means to
pay are slipping from their grasp with ruin.
ous speed. We have no bonds or stocks
| 1t is true but VIC arc dependent upon the
healthy condition Of financial matters in the
Eastern States to a remarkable degree and
when the Eastern monetary affairs are de.
ranged, business necessarily suffers, and
business Of ovcry kind is either depres sed q,
destroyed. This fatal blow to prosperity
will be felt for years. 81.
While we can thus realize and appreciate
tho loss following this triumph Of fanaticis,n
lean any one point out one single good that
has resulted or is likely to result from it.
Not one solitary inch Of slave soil has been
reclaimed to freedom; not one human being
: white or black, has been benefited, unless
it IS benefit to exchange one set of oyer.fed
Icormorants for new lot Of hungry ones
who with keen appetites will fasten upon
the public crib. This relief measure tt
political mendicants is proving an expensive
luxury. Better far to have directly taxed
the people for their support than to have
thus crippled the industrial interests of tn.
country in this sectional triumph.
S~SA~1 II
section would only mind its own business
1.-THE North had attended to its own affairs
and not interfered with the South, and the
South had not snapped its fingers at the
North. Had each been controlled by thei,
mutual constitutional obligations VIC should
not have had this disastrous panic Of 1860
There was no cause for it; the country was
prosperous and rich. All now see the evils
before us and feel them and in two months
more this will bo more apparent than it i.
now even. If we safely pass tue point o.
difficulty and danger, and the presen,
cloudy sky clear away we believe these bit.
ter lessons and calamities will not soon BIZ
forgotten.
LATE NEWS.
Secretary cass has resigned because Blu.
chanan would not send more troons ia