Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1863-02-24

/
! Dsmoc. ats, uoioniste, Peace makers--' indeed,
! all Of whatever political creed, while prssen,
/ for their consideration n few undenable facts
the propositions based thereon. and the de
ductions drawn thersfrom
ls,. We learn that Mrss ,tsry Chase recon-.
III. nded, with bi. II tuenos. aud by argument
did advocate. the ras-sge oi the bill aa,nor'z :
! ing the issue OF Que hundred aud fifty miliions
/ legal tend-r noies,
~. That on The Irsssntation of said bill IL
met with violent opposition IN the House. ss
well as IN the senate. from Republicans Ms we'll
/ as from Democrats, tor he reuson as stat ed In
debate. that II passed without proper restric.
/ tons on bsnks and capitalists the people at
! large would be robbed Of millions
Of dollars. ms the sequel has truly proved
! However after many weeks Of debate, numer.
Gus references 10 committees, and In opposition
10 all argument, the bin MAS ps.ssd.
| BY reference to the back OF five or ten
dollar legal tender note. i.su.d by authority
Of said till We tni the following. w. This
no e is a | gal tenasr tor all debts, public and
private, except duties on imports aud interest
uu the pubhc d.bf, and is exohxngeab!s Tor u
;. Elk per cent. twenty years bonds, redeema-
b. at the pleasure Of the United state. after
five yeais."
/, 10 to the wrongs the public has. and are
daily receiving. BY the passage OF this bill, l
wsh to call attention. Before doing so. let
the say: | state distinctly. would be tie
last man 10 question the motives. whether
honest or diehonsst, that induced S.nators aud
Representative to pnss this bill, providing.
h.wever, thst the moneys wroDgfuily t.ksb
from the people by its passage. had gone TO
the support Il our war. But 10 bavs 20 large
"A sum 60 into the pockets OF Eastern capital
ISIS leaves room 10 doubt the Integrity OF lie
ate tots and .apporters. However, be this a.
It may, The following propositions are 20 self
/ ~siasnt. / presume no r.hsciing mind viii
| doubt their truth. Should some blind parti-
san demand proof, promise In some iuture
communication to furnish an abundance
lsi 5y making notes a legal tender. Con
gresr .ola,ed all public aud lrigate contracts.
tnesshy setting IN example Of bnd faith. which
the banks imne ediatsly followed by declaring
tsy would no, redeem their own issues, there
| by withholding mil ions ei dollars Of speci.
from circulation. that by law aud equity be-
| lon ed To the people
81 BY making notes legal tender Con-
gress has put into the pockets Of Eastern ma
| bohs, nearly, II no, quite. one>hait OF every
| dollar that small capitalists. merch tnts. ira
| ders, mechanics, iAfm.rs and laLorers had in
| cash. without compensation or reward.
| 81 Merchants, traders. srtisans. mechanics.
iatmsrs aud iahorers pay to-day ircm fw.nis
! to thirty per cent, mere To Eastern MAJ o,ae-
tnfers for the pecsssaries OF life passing thro
! their hsnns than was paid Tor similar articles
| b, fore the passage Of sad bill,
4th. The issu- Of legal tender notes has re-
| duced the wsgcs Of art zsDs ID echauiee ant
lsborers from twenty to thirty per ceLt.
Eth lua tt ut h
| egal tendor, has taken nj iiions. - taking mil.
| huns, and will take millions 4of ro. .ass iroEi
! the psopie h st North snd Wss'; and IL 10 60
ing into n e vaults OF those Eastern cormo
rin'p who, b. their ava iciou' scis, have
| nearly, II not quit" capped tic foundations OF
! our once gioIie | aian
| will clos. for the present, by calling atton
| tun To the manner those woIyss Ia shssps
cloi hing commsucei operations, bEst, on our
q vernment. then on our people:
The first loan askej tor TO meet the imnie-
| diate wants Of The Administration, they sup,
| oiled with nlscrity however. receiving as Sc
cur,ty therefor. bonds OF the weaithiest nation
IN mineral aud agricultural products on ih.
tscs Of this globe.
2d By s.nding their emiesar ries from l. 81 D.
| Vest from North TO South to buy up all th.
| gold and silver circulating among US. thereby
sti ! for wan, 81 circulating medium.
| The worst yet They pa us for our gold
| and eiver. win Their worse than woi itbltst
| PApEg which paper io-day they viii not re-
| deem, uu' ess at tsis OF usgry disgracsiu' Z"
a Shy lock ohtni. ed our god by the NJ Jrs'
means above stated and it Is now pted by u si'
.sa lever TO dictate u II only the tinancial. ba
toa great extent the p0iilicul policy of oai
| Government. >.
4. S-tn using the word capitalist. do not
wish TO be understood as cast ng rsh sotions OF
! huse gent ilsmsn who ebter into copartnsrship
| or ottpr~ise to do legitimate bsbtiGg o,
other business, and who ar. ready at any snd
| all times to redeem 10 si eeie their indebted
| ness.
| DO mean. however. those Esstern coDpa-
lies and corporations, both publie aud ps,.
ate who take withou, remorse two tbirds OF
our produce to bring the remaining one
| third 10 market-thoe. who monopolze 90,
| manufactures, our exports and imports. In .
word, sii those VT }. by combinations that ar.
az unboly a. they are vi jns'. use their caIite'
to imp overish our people. and dictate cobdi
tons TO our Government 5.
SETTLE Up.-Messrs. A. +. IL d. Kel.
lev have concluded TO close business in tbs.
city, and mus. have a settlement oil ell &C
counts before the close OF the present week
One Of the concern will remain here until nexl
saturday to transact business. All account.
no, settled BY shs. time will be placed in lega