Democrat and sentinel. [volume] (Ebensburg, Pa.) 1853-1866, 1863-12-02

VACANT outlay and consumption that these
beggars, put on horseback, have been in
dulging in, involving frightful exhaustion
and waste of real values. Add to this
the increasing crowds of MANNED and dis
eased, and of helpless widows and orphans.
Who is to pay-who IS no,c payng-for
all this?
They tell US that the war is self-sup-
porting, because they are incurring no
foreign debt The funds are advanced at
home, and so, they assure us. the money
raised is ''only changing hands" An
imbecile, who thinks he owns nearly two
millions of dollars worth of property, said
that in the street the other day. The
immense outlays in artillery, small arms,
powder, forage, and quartermaster's stores
are only changing hands!'' Well, they
do change hands very often. Lee cap
lures Meade's trains, now and then, and
Bragg made a swoop on Rosecrans' sup
plies 1t is all in the family, however;
but ,cho pays?
Barring what is stolen by contractors
and their official accomplices, the muni-
tions of ,0ar are expended, consumed, made
an end of. The powder, when fired, is
mostly expended in smoke, or in propell-
ing round shot to batter ck-and-mortar
Fort Sumter, or to plough up more
to kill somebody, lately a citizen of the
United States. Is this provident way
of values '' changing hands?" WHO payss
Why, the accumulated capital of the
country is paying for it, and is becoming
rapidly exhausted in doing it. Look at
what the banks have done, and are now
doing. The banks are institutions into
which capitalists put part of their wealth,
which means gold-the universal measure
of value s'The Government" as Lin
| coin, Seward, and Shin-Plaster Chase cal
themselves, have induced and pressed the
banks of New York to loan to them more
| than these banks can lose, without ruin
They are now pressing the Banks to loar
them all the rest of their capital-once th'
equivalent of go'd-and take paper prom
Ses to pay, instead of real values given
The alternative Of the banks is, forthwith
to break and wind up in debt to their de
positors and creditors, or to protract tn
agony and lose everything at date slight.
more distant. AS they are cowardl.,
affairs, they will probably put off the evi
day. and shut their eyes to the utter ruiz
before them.
Values are simply "changing hands,
are they? The farmer parts with hi
wheat and Indian corn-with his bullock
and his sheep, and his swine-with hi
butter, his vegetables, &C., &c, and take
home-what7 Promises to pay! Prom
ises made by whom? BY the agents of
certain artificial and delegated form c
Government called GO Umon," for def
mite and limited purposes, of States, eac
one of whom claims for itself, accordin
to the constitutional law, ultimate sovel
eighty HoU do those agents come
have any authority? By the Constitution
Is the power they are now executing COZ
stitutionals Do they pretend that it is
The farmer, then, takes home, in n
turn for his hard-earned values, the prom
ises of agents that have, confessedly, e.
ceeded their powers. give an age
power to collect floating debts. Son
one is foolish enough to give him title
real estate in my name. Careat ue',dito
! says the law The seller runs his ov
risk. / never authorized my agent
meddle in real estate.
, AS the farmer for his produce, so t
5 owner of other values, takes these prom
E ses to pay. The merchant takes them
y his wares. He paid gold for his good
' or he once owned gold, or its equivaleI
t and now he parts with these for an O
= scure promise to pay, or rather an
acknowledgement Of debtor they no long
!, even promise to pay-of agents that ha
4 trampled on the Constitution by viii
: alone they have any authority! L
r owner of real-estate congratulates hims
: that "prices are sustained" and ne pa
: with lands and houses, taking as his pr