Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1862-10-24

searches; the right Of the habeas corpus and the
trial by juror whether they should tamsly
submit 10 be deprived Of tho-e rights; whether
they should give up their Liberties for the sake Of
cOnlefring freedom on the blacks, anu submit 10
the gradual eBcFoachments Of an irresponsible
despotism Of fanatical Abolitionists Who. because
they have obtained a temporary ascendency over
the President and his Administration, imagine
that they can dc. rive this great nation of the
right Of habeas corpus and trial by jury. and sub
situie therefore military arrests aud trial BY
military commission.
This was the question at issue in the election
of last Tuesday. and nOb.y have the people an
sWered Il. The answer which they have given,
IN the election OF Democratic candidates, Tever-
berates in thunder tODes through the lofty apart
ments of the national building here, and those
reverberations will continue until THE US1oN IS
RESTORED For the result of this election Is the
requiem and the knell of that party whose machi-
nations have rent the Union asunder. and who
are now strainiDg every nerve To prevent lie re
construction. liz IS beyond all doubt now that
the elections which will take place in November
will result in the same way az these October cleo
tons. namely: in the triumph of the democratic
party. This result will completely change the
complexion of the parties in Congress, and will
give the democrats and conservatives a majority
Here, then, i The only CLEAN of hope that
breaks in upon the gloom that now envelopes our
once prosperous nation. The PEOPLE OF Pc IL
sylvania, of Ohio. aud of Indiana have risen in
their might, and have declared that they lciH not be
Slaves. Let the people in the States which hold
elections in November do the same, and the
country will be saved. That they will do so, no
man here now doubts
The elections of last Tuesday are the beginning
of the end. They are the commencement of a
great revolution which will never stop until it
hurls from power the present administration.
which has proved itself 80 unworthy of its great
trust, and place in It's stead real statesmen and
true patriots, of the school of Webster, Clay and
Douglas
The present deplorabe financial condition of
the country is an example of the recklessness
with which the present administration has bur
ried the nation To the brink of ruin and shows
plainly that this revolution, now commenced
could not in any event be much longer DELAYED
The FIRST financial step taken by the admnstra
ton was 10 drain the country OF the gold and
silver coin. This was easily done in the earlier
months of the war, when gold and silver only
commanded premium of one or two per cent
The agents of the Administrations therefore. un-
der the direction of the Secretary of the Treas
ury. bought up immense quantities of gold and
silver. and sent it TO Europe to buy arms and
munitions of war Much of it, was squandered in
liquidating Fremont's foolish contracts for guns
that would not 90 off, and for such tom loOeres
as Cummings straw hats boys sizes.
The next financial step of the Administration
was to issue hundreds of millions of paper money.
This of itself would have been wise measure.
No one could have or desire better currency
than bank notes thus issued on the faith of the
United States. But the third financial step of
the Administration was to descend TO the little,
petty business of issuing notes for five cents
cents, and twenty five centsl No sooner was it
known that the Administration was about to take
this step than paper money began at once to de-
cline, and il has continued to fall steadily day by
day ever since until nov a dollar in paper money,
or one dollar note, is only worth sIxty-seven
cents. Take II one dollar note 10 broker, you
: can only get sixty seven cents for it. Take So
note to a broker. you can only get 50 80 for t..
For so note you only get Sc 20, and for a
hundred dollars in bank notes you can only get
S6I. Take ene-Gollar note and 20 TO your
grocers, you can only buy with it what you could
buy with sixty seven cents two years ago. Your
grocer will tell you that for so note he can
only buy what be got for So 20 years ago.
Your wife will tell YOU that she paid ninety six
cents to day in postage currency Tor dozen
spoos of cotton, eight cents SPOOL that a
year ago she got for forty eight cents dozen, or
five cents a SPOOL and she paws twenty five cents
a yard for muslin that she used to buy for twelve
cents The aooring man who gets so in paper
money for his weeks werk receives IN reality
only So 10
Such, in plain language, is the present financial
condition of the country il affects our people
at home The foreign aspects of the case are
still gloomy. Such are the fruits OF eighteen
months of Republican rule 1t is no wonder that
the people are anxious for a return To a specie
paying, Democratic Administration.