The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1863-01-30

Il
or conceived. The goose that has been
laying the golden eggs will then be dead /;
and as compensation for all this ruin,
and consequent decentralization, reaching
the armies in the field, as well as business
communities everywhere, green-backs will
become as plenty and cheap in Wall street
as wall paper! 1 o. IL
Our Union is in peril. Foreigners win
not lend US money n Our Government
must, therefore, depend entirely upon its
own citizens, who, know that its MAIN
tenance is essential to their own individual
and collective prosperity. Influenced by
selfish considerations, upon which alone it
is safe to rely, they will do all in their
power to maintain the public credit, by the
payment of taxes and by lending money, if
the President will only do his duty But
an administration which attempts to main
tain itself by the financial, political, and
social ruin Of the people upon whom it de-
ponds for support, destroys its own founda-
ton, and must fail. .'e '.
Such plan, applied to our present stu
alton, would involve People, States, and
| Federal Government in universal contil-
sion, tumult, and bankruptcy the climax
Of which would be Reign of Terror, in
which the lowest and worst class of cti-
zens would enjoy a carnival of fierce in
diligence. A disaifected soldiery, led on
by some American Napoleon, might then
| be encouraged to enact another g Sth
B1'mneGire,'' proclaim an Empire OF
Peace" and introduce Il new financial
system, adapted to the condition Of the
people, who would then regard public tran
guilty and individual security and com
fort as vastly more desirable than any form
or theory of government
1t is not the want Of money in the coun-
try, but the want OF confidence, which en-
harnesses our national finances. The great
body of the people have lost faith in the
Administration. This they declared in the
late elections. The President -etaliated
upon the people by removing General
MCCLELLAN from military command. The
capitalists now show a like want of conf
dence in the Administration, by refusing
to lend the Government more money; and
the President retaliates upon them by pro
posing a war OF determination against
State banks and State securities. 1t is the
folly Of impotency in both eases; and as
the former has estranged the people, SC
will the latter disatfect, not merely the
capitalists, but the States themselves, I'M
der whose laws, and for the benefit OF
whose securities, the local bank system has
been established
If the President were possessed of COM
mon-sense, with independence and patriot
ism adequate to the duties and response
bilities OF his position, he would at once
OF the malignants, fanatics, conspirators,
and plundercrs. who, under his authority,
are engaged in consuming its vitals. He
would adapt his policy to the necessities of
the country; and at once restore conf
dence among the patriotic and enlightened
people of the loyal States. He could then
get all the money required to put down the
rebellion. His organ, the New York Tri-
bune, would not then have to confess, as
it now does. that
"a very large portion of our moncyed capital
lists are against us in this crisis: -
nor would that Robespierrean journal ask.
as it now does:
Why is it, thea, that the Government cari.
| not borrow money? Any body else who can
give security can borrow tit has rarely bee,
more abundant or prOcurable-stoc arc sell
! ing at lnOrdlnate prices; everything indicate;
Il plethora OF what passes for money (Which is
what the Government wants to borrow y why
are those securities which should be the best
IL the market neglected and Stunned?
'E'l2e Rebels Deceived by Abolition
Lies.
Through the representations of a radical
partizan press, pending the election fol
governor of New York, the Southerners
were induced to believe that Governor
SEYMOUR would make q very good rebel
and aid their cause materially. Doubtless
TO small degree OF comfort and encourage
ment was given to the enemy in this way;
but now they discover that they were de
ceived by q mere electioneering trick. The
Savannah Republican says:
Well, Seymour has been inauguratcd, and
what has he done? Just nothing at all lol
which the South cares farthing. Instead OF