Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-11-18


acquaintance with the facts and laws OF business
and finance Mr. Beecher simply disclosed his
Ignorance Nr. Seward leaves us IN doubt
whether hs shsllo ness IL fhat OF the professional
philauthropist or OF the political defnagogue. Mr.
Beecbsr dlsclaims Rith so much RGicefe all
knowledge Of The subjec, upon which he under
took TO instruct Englishmen. "beesuse he vas
not 6nancef. bat = clergyman aud patriot
ONLY I" and was really ia earnest TO put our
national Gaze ~ith iis best foot lore most that he
can be pardoned biz astounding plumbers If he
will only hereafter remember that before man
can discourse Ia ediEcatou on the course OF trade
and the state Of the currency he must really pos
ses. some little knowedne Of the grand princi
piles OF political economy.
To discourse wisely about our spiritual con.
dtion in this life anu eternal welfare ia the
next, may not 0yeftax the resources OF "a
clergyman aud patriot only" but TO preach OF
what Columbus. ia his letter announcing the re-
suits Of his first VOYAGE TO America. en- lei "the
incremen, OF our personal possessions,' and oar
welfare IN the life which now u, requires more
than natriotsnI and NOR . than piety. II requires
know edge OF the subject Mr.. Beecher. though
be has talked hundred times much A. any
body else on the continent about our great 20
litcal problem, nov admits that he knows moth
ing OF the matter NJ bottom Tie Processes only
To deal with great moral /. cas- But Mr. SEw
ard has been politician for great many years
In the opinion OF his admirers he IA a sta,esman
He has, at least held ali but the highest Office IN
the State, aud should be statesman II he Is
not he onght "a be able correctly o.
pound the laws and state the facts OF ma
tonal industry and prosperity. II states
manship is worth anything, one would say,
IL should be competent TO that. Mr. Beech
er disclaims such competency. Mr. Seward
asserts IL by bis position. and in 30 many words
But Mr. Seward. too. has thriven exclusively ON
his treatment of great moral IDEAS, aud make
"a bad a mess 81 IL n the preacher when he talks
about business and currency One ot these days
the Northern people will lind, ~ All excellent
preacher. Andrew Fuller. said once, that Coon
science H. not sufficient guide for the complex
civil liie--thcre needs Science AS we'll" When
that time comes. professional philanthropy will be
at discount in the guidance OF the nation. and
practical. bu~iness-like statesmanship. like that
of orr fathers, will come into fashion.
Mr.. Seward said. Ia his Auburn speech, The
whole of the suffering which the VAR has produced
has fallen nDon the insurgents. and the loyal
part Of rhe United States Is exempt" There are
hundreds OF thousands Of homes In the loyal part
of the United States each with It's vacant chair
The sou, the brother 0r the father has gone and
will not return. Surely. though his own son
was convalescent when he spoke. Mr. Seward
cannot have come to such reckless disre-
gard Of human suffering as his words imply
man may be Tito or Nero and
vet have soft affections Let "a suppose that
Mr.. Seward does bcmoan our gallant dead and
sympathize with the stricken families of the M
ton. By the suffering from which he SAYS we are
exempt. he perhaps means pecuplary aud com
mercial suffering lie says: ''ln the insurgen'
States. there Is not one citizen who Is not the
poorer and more unhappy Tor the war la the
loyal regions. there is not State which IL not
stronger for the same cause Let pass Tho
fact that the geographical position Of sope loya
States has subjected them 10 mercess deyasIa
tiou aud that 80 one half the statement Is prover
| false: let pass the fact that hundreds and thou
sands OF loyal men along the border, or down tb'
Mississippi. have Lost al their possessions by th'
mere circumstance OF residence or the chances o
| war and the abolition policy of the AdminIstra
/ ton which has ruined all the Union men of the
Southern States within our army lines Let Thu
pass, though IL proves the other half OF the state
/ ment false, aud consider it purely matter o
political economy Mr. Seward fumbled amonl
words till he reached this statement: "The 10
crease OF wealth which arises from the new ma
tiOnal discipline of industry which the war ha
obliged Us to adopt. has enabled us 10 pay all in
creased debts and taxes "a easily ~ we paid tn
debts and taxes when the war began
i This phrase is obscure and oracular But i
/ all its possible meanings il is false. Whatcve
! significance IL has as whole or IN part is
Our increased taxes we are not yet full
paying, nor have we fully measured them. Gu
increased debt two three thousand millions
4 this generation will never paid. and. except
becomes the object of the next abolition" mama
will burden endless generations.
2. The ease with which debts existing whe
the war began have been paid. is simply th
measure Of the robbery to which Mr. Chuses cur
renew schemes have subjected every creditor I
The land ls''robbery'' "a hard word? Robber
is the word used by John Stuart Mill. the high
est living authority on political economy, the pee
nt least of Adam Smith and Say. Debtors agree
10 paw the value of many dollars Chase an
Congress made inconvertible pieces OF paper
legel tender. worth to-day less than seventy cent
each. though called dollar, aad robbed
J every creditor. who must accept them for debt
formerly due. OF thirty cents each dollar. NOR
. cor less
3. "0ur taxes and debts are no. paid Wit
ease" Mr. Stewards assertion is untrue IN ever
respect Besides the taxes which We pay 10 th
assessors this depreciation of the currency j. al
other tax. and let the suferngs OF POOR th
universal strikes OF our laboring classes. answe
il this tax is paid with ease. Does Mr. Sewar
deny that il is n taxi Mr.. Chase will thank hil
for propping the iallacy II is a tax John Str
art Mill saws: :" A tax i virtually levied on tbeI
Fall holders of CURRENCY or his the issuer's'
benefit All holders of such currency ou'
'lo,e by the depreciation of It's value the cxaC
, equivalent OF what the sSuer gains
, Let Mr. Seward read our columns. daily teeu
ing with reports OF the suiierings ct mechanic
and workngmen and women Of every class: !,
him look at the prices OF the necessaries of late
compared with those OF former years. wages be
ing about the same then; let him enter al
house of the poor man. and see how the littl
Injuries of life were long since abandoned. All
how the scrimping OF is necessaries has beguT
while his labor has not abatei in time or fstigu
one whit Let Mr. Seward see these things, an
then blush for shame ~ his smooth and deceitfI
talk about the new national discipline OF indu.
try" and the Increase OF wealth
We DO not say that restored Union - M
worth all this toll this debt, this suffering. IL
abolition Journals like the Tribune aud Post AL
Times To which our readers must 90 for arg'
} ments that the Union is worth less than doll;
a head to every Northern citizen But We
denource the political charlatsnism OF the ma
who dares call our national fever the flush
health who, when our wealth md our means
wealth. our treasure and our lives. are beiu
squandered by thousands and millions dsres a
from, heaven aud his fellow men with the asse
ton of tour increase OF wealth
4 There is no mystery Of political ecouom
surrounding this matter We trust We have q
reader whose common sense i not robust cnoug
To perceive, and prove, and denounce the chari'