Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-11-02
The Finances Of the uuited states
Compared with France.
Prom the Philadelphia Age.J
BURLINGTON, October %, 1868.
LITTER FROM HON JAS. W. WALL.

PhiIander Reed. Committee:
GESrLENES- Your invitation to address a
mass meeting of the Democracy Of The city Of
New ork, TO be held At the Cooper Institute
on Wednesday evening next. is this moment
received. IL would give me great pleasure 20
be present hut the irriiated condition OF my
throat. the effect Of q severe cold recently con-
tracted At a public meeting. prevents me
he recest political results In Ohio and Penn
syiVania clearly prove two things: First. the
amentabie influences of the corrupting patronage
of an unnrinciplei. reckless Administration; and
second. that the cup of national suffering and
degradatinn IS not sufficiently full
An Administration exercising powers unknown
to the Constitution. having At its disp' sal all the
resources III men and muney of the North. has
organized everywhere. in imitation of the Jaco
bins OF France Curing the Reign of Terror,
Com mittees of Public S,iefy" These. by
system of Terrorism aud abandoned corruption,
are striving TO accomplish what that revolutionary
organic ,tion aimed at-"the projection of the
authors OF the revolution from the consequences
of their crimes" We incline strDmsly TO the
belief, however. that they will effect precisely
what the first did eventualy-a full exposure OF
their crimes, and their own overwhelming over
throw. l. the langu tge of these Union Leagues
different to day from their pratOlype the Com
mittee of Public Safety of 1882 Listen 20 the
q
The great body of our citizens are 80 blinded
by the rush OF events, or the glare of financial
speculation, IN Il they are made 10 cOniuund
tanaticnl policy with grand national movement
in favor of freedom They regard the violence
OF brigaudSaS the efforts of patriotic minds and
consider robbery itself indispensable for public
SAFETY You are free, they say; but unless YOU
think like rs. we will lenounce YOU a di-loyal
TO the nationality You are free, but unless YOU
hn no 4 ia To- "a, q.
liver YOU to the terrors of that nationality you
have insulted
The French Revolution did. in the words Of the
same nobie spirit, at last. like Saturn. success
lively devour all It's progeny" So eventually will
this wretch,d Abolition revolution originating la
The - me Wild ianaticism about liberty and equal
ity, and displaying in all its policy the same love
of despotism The "Latrs of Suspected Per
SOFAS. which gave ultimately surh Tremendous
powers to the Committee of Public .feiv."
will soon be proclaimed if. indeed. it dues not
already exist. Under that infamous law. no
person 10 France had any chance of safety bat in
gong the utmost length Of revolutionary fury
Those who resisted were crushed beneath its
bloody wheels
But it is not alone in the despotism Of the hour
in our civil aif,rs, that the Abolition Jacohins
have become such stsrtling imitators of the revo-
lutlOnsts OF 1893 In our financial policy v e are
An infi ,ted paper currency has bluiShel the
precious metals from our midst. and every day j.
making the rich richer and the poor poorer
During the nights OF the paper expansion m the
French Revolution, from the immense i,sue ct
as-lgnats, the tendency To gambling OF every sort
prOdgouSly increased Men who had the sword
ct DimocleS suspended over their head. sought
to profit the most by the numerous chances OF
making money which the rapid rise aud fnll of
81.
of luxury, brought into the market The Buur,e
of Paris was crowded with bnnkers. revolution
lists, ci-'levant priests. ruined mobiles. and adveu-
turerS ct every description. NJ irnihcent equip
ages. ichoSe onaers Ters rag pickers sir months
bttOre, made their n pc rance every afternoon
upon the public drives The trade in jewelry and
silks was enn' mous in IFS profits
his rapid increase ot wealth produced the
most shameless extravaganza, aud speedily un
dermined the public morals. This picture j. the
reproduced picture of to day which every hour
in our large cities is passing before the gaze of
their inhabitants Men now, "a then mistake
the fictitious for the real, and in the constant EN-
ployment OF the hour, comparatively high wages,
and temporary contentment. think that all this
apparent prosperity rests upon firm foundation.
The whltened crust, cleaning in the sunshine,
that covers the living fire IL the mouuttn AZ
Splfatara. j. not more treacherOus The stones of
~ than just before the mountain beched forth
for the first time. its silverv shower that sealed
up Her,ulaneum IN lava for centuries and Gov
ell POmpeii out OF sight in shower of hot ashes
As sure A. that God reigns, the fate financially
of revolutionary France must he ours sooner or
later, only with teniod aggravation Whit j.
that atey Blasted by rnnous system of paper
currency. aud crushed in he gra>p OF RELENTLESS.
desl otism, manufacturing industry WIS withered
IN IN al IL a.
ton went on, Notwithstanding the convention
endeavOfed 10 arrest IL by first de ariug that the
as~lgnats OF the Government should be con silerel
legal tender, and then enacting the punishment
OF SIX years in irons against those who should
exchange any quantity OF silver or gold Tor u
greater nominal value of assignats, or shout ask
a larger price for any article of merchandise. If
the price paid in pal er. than If paid ia
the precious metals.
The once opulent capitalists. ruined bv the
sale of the public securities. ceprived Of their
property 10y fictitious paper, paid hy tlcir debtors
ina nominal currency. were comp etey de>tto ell
while the miserable renters, cheated out of al
most All their incomes by the ptyment of Their
annuities in assignants. wandered about in utter
dispur. supporting miserable existence by
charity, or terminating il Toy acts of suicide The
poor received their wages merely IN paper cur
rency, 80 irighrtullv deprecated that they were
unable To purchase the n-ceSSiries OF life and 80
persisted by thousands of starvation, or took To
the Highways for n livelihood
When thtt same cup poor France drained To
the last dregs Shill he full for IL. aud our people
have tasted o the terrible bitterness that lies AT
the bottom they may possibly awaken from the
blind super that now seems % numb every lac
ultv. or from the cray delirium that causes
them to look upon the mad abolition policy now
ruling the hour the only salvation tor the
country. The pro misses OF the mad men 10 VIII" m
they hive listened 10 regard 20 the wars speedy
term nation have proved eminently and disgrice
fully th-e-the predictions of those who have
consci.utipu>lN opposed il. IN their accurate ful-
hilmeut. seem 20 have been auimited by the
spirit of prophecy. Ii wonld reilly seem ~ If
thlt heaviest Of judgments Heaven deuounces
aetinst a people. that they should toe u,a.le To-
trust ir a lie ; fallen upon this nation That
Financial ci arlatan Chase. in recent sreech In
Cincinnati. predicted once again "thc ,ree3y
crushiu. out 90 the rebellion. when he knows
TINT it j. mo- nearer ful6 lmeni than DO, paper
promises to nay are near redemption Tn. eve-
OF he people are, however, gradually beng un
sealed. They see hut family vet "0nly men a.
trees walking The time however. must come
when they shall see clearly how they htse been
enpei, and when that hour comes lex these abe
htion fanatics beware The revolution they have
rsi>ei will then. like Saturn. commence 10 de-
vOur - own progeny"
Yours very truly JAS ". WALL.
The Rebel Plans in Texas-Eheir de-