The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1863-11-18
THE ABOLrTI0NIsTs As POLIT.
ICAL ECONOMISTS -

COLIN is making up, his party will figure as
the most potent destructives and deyastators
that ever bore rule i'd any portion of this fair
earth. For. the. truth of this statement, let
Facts be submitted. Upon the breaking out
of this war, the determination was announced
to continue the fight until=athe-la last man and
the last dollar, was expended. Well, we
have had two and a half years of war, and
have not reached 1the last man, 1t is trus ;
but "the last dollar" passed out of existence
as a circulating medium long time ago. The
President, in his last Annual Message, COM
forts US with the sage observation that ga ma
ton may be said to consist of its territory. its
people and its-laws. The territory is the only
part which is of certain durability !" {.
We are permitted to hope, then, that "the
territory"-the real estate of the country
will be saved from the general wreck; and
notwithstanding all hat has been said about
playing out 'fthe last man." it is doubtless
true that Mr.. Shoddy and his numerous fami-
y, included in which are the tax Assessors,
Collectors, Provost Marshais, &c, &c,Nil
escape the wrath contemplated to be visited
upon everybody else. Amid all the gloom
and uncertainties which enshroud the future,
there are, therefore, only too things that are
absolutely "clear1-to wit:
LIST. The territory, which, because of de-
fault Of any engine COMPETENT TO ITS
DESTRUCTION, will survive.
I'd. That Mr.. Shoddy, his wife, and their
numerous family, will have "a gift of con.in-
%uance" extending far beyond the period fixed
for the duration of that "last man" of which
we have heard 30 much.
The matchless financial policy which has
governed this administration is very forcibly.
satisfactorily and clearly expressed to the
minds Of ats Supporters, in the following re-
mark, contained in the document from which
we have before quoted:
"Certainly, it is not so easy to pay some
thing, as it is to pay nothing; but it is easier
to pay a large sum, than it is to pay a large,
one. And it is easier to pay amy sum aoher
We are able, than it is to pay it before we are
able"
Could financial logic 60 farther than this
What could be more conclusive or irrefragablt
to the mind of a "loyal" citizen?
But Plckvickinianism aside. Things sre be
coming too serious for even Mr.. LINooLN's
'jokes"-happy as they may be.
As before remarked, under this Abolition
~Eregime, the Constitutional currency has beer
banished from the channels of circulation /; and
if the Ircsen. policy is persisted in, the las
dollar will ere many months be exported tc
those countries where the precious metals are
appreciated as a basis for banking and for cir
~culation as the common currency. The ex-
listing policy is rapidly subverting all stand
ards of values ant, prices. All the Legitimate,
and, indeed, all the Legitimate business in.
terests of the country are aloat upon a tenn
p~estuous sea of green backs and every
thoughtful man engaged in business reaffzes
that he is being tossed upon Ibis sea, sno
knowing that soon-but ho,oF soon he kIoWs
not-tLe ship is destined to go down. Pro
duction is Observation-Disclosures, dissipation,
speculation and population are f~earfully
increasing-industry languishes because the
laborer inquiries, "Who Would fardels bear,
and grunt and sweat under a weary life" fol
accumulations beyond what are necessary te
provide for the daily wants of those depend
emit upon. him for support The widow and
| ucI OlpuoHS1 II III q ~ OSHhE
comfortably supported upon a certain income
derived from the deceased husbands and faith.
er's estate, now, upon the same nominal in
come, are enduring the pangs of poverty
These evils are rapidly augmenting, and there
is no remedy so long as the present crazJ
men are in power. TIE old adage says tina
~nexpericnce is dear school, but fools will
1...z = .kIo-O /,. Gcora-n-a-tU I'll
not even learn in that school. 1t is repeating
the financial schemes which have been tried
over and over again, and as often failed a
tried, during the last three centuries, in va
rious countries ; but these examples are al
lost upon oar masters. Mr.. LINCOLN must re
produce has "history = and that history will
record that he deliberately and fendishly mad
choice of these ways Of destruction in prefer
ence to the adoption of measures which would
have continued uninterruptedly our career o
material prosperity, and preserved the peac,
and harmony of the Union.
One hundred and seventy five years ago tn,
National Debt of Great Britain was only sew
en- millions two hundred thousand dollars
Now, however, it exceeds four thousand mil
lions of dollars. Upon this debt, the accumu
%lation of nearly two centuries, that govern.
lent pays three per cent. interest.
The debt which Mr. LINCOLN has made
and which his secretary is converting as rap
idly as possible into six per cent. interest bear
ing bonds, equals at least half the enormou
debt of Great Britain and, when converted
into bonds, the annual interest will be the sam.
as the British debt. Who, except madmen
can fail to see the gulf into which we are al
ready plunged?
The public distress pervading France under
Louis XVI, produced the terrible Revolu.
tien which resulted in the overthrow of that
old and powerful monarchy. If Mr.. LINCOLN
could find a lucid interval in the midst of his