The weekly north Iowa times. [volume] (McGregor, Iowa) 1857-1867, 1864-01-27

In addition to the loss OF life, there ma
been diversion Of labor from peacefu
productive occupations to war, WAich dcs
troys the accumulated wealth Of the coun
try.
The Secretary of the Treasuary state
the national debt will be sixteen hundre,
millions in July next. This does not in
clude unascertaincd demands. In Cur for
mer wars the latent claims have nearly
doubled the liabilities supposed to exis
during their progress. If the war shoult
cease to-day, the national Indebtedness
could not fall short of two hundred millions
Of dollars To this must be added tn,
aggregate of State, county and town obi
cations. The cost Of carrying on the wal
hereafter will be increased by larger pay t.
our soldiers, by interest accounts, by en-
hanced prices Of provisions, transportation
ard material, growing out Of deprecated
currency. The proposed issue Of three
hundred millions of paper money unde,
the national banking scheme, in addition to
the vast sum now put out by government
will add to the initiation Of prices.
Conflicting views are held as to the
amount of Indebtedness which would cause
national bankruptcy, and with regard to the
length Of time the war can 60 on without
causing national ruin. All agree in this
that there is an amount of Indebtedness
which would overwhelm us with bankrupt
cy that there is duration of war which
would bring upon Us actual ruin. The
problem with which we have to grapple is
How can we bring this to conclusion be
fore such disasters overwhelm US? Those
perils must be confronted.
Two antagonistic theories are now before
the American people for bringing to an end
the destructive contest in which we are
engaged. The first is that contained in the
resolution adopted by Congress and ap
proved by the President at an early day,
and upon the faith of which the people OF
this country, without distinction of party
have furnished more than one million o
men to our armies, and vast contributions
to the treasure of our country.
This resolution consecrated the energies
Of war and the rolicy o, the government
to the restoration Of the Union, the sup
port Of osr constitution. 1t was a solemn
appeal to the civilized world that the OBJ
jjects thus clearly set forth justify wal
which not only concerned tie American
merce and industry Of all nations.
The opposite theory prevents the return
Of the revolted States upon the condition
Of laying down their arms it denies then
| q political existence which enables them t
come back upon any terms it holds tina
States in the revolted section Of the coun
try must be "re-established :" that tn
States hereafter made may or may not hcl,
the names or boundaries Of the States thu
destroyed, although "it is suggested as no
improper" that these names and bounda
ries, &c., shall be maintained.
The war, therefore, is not to be brough
to an end by the submission Of these State
to the constitution and their return to tn
Union, but it must be prolonged until tn
South is subjugated to the acceptance, no
of its duties under the constitution, but o
sn"h tArnao "..y b. aiotated. Uoti
os..'.o ti,,.s ',v-o,ta1ii,,,va'' 4, I. 10 t,oi,
that there are no political organization
which can bring back the people to thei
allegiance; that if the nine States spoken G
lay down their arms, and should return t
the performance of their duties, they woul
not be recognized nor received. This the
ory designs sweeping revolution in tn
|
and the creation Of new political system
by virtue of executive DEGREES.
Is this calculated to stop the waste G
| blood and treasure If the South is revolu
tionized, it's property devastated, its indus
try broken up and destroyed, will this ben
eft the North?
Those who urge the restoration of tn
Union and the preservation Of our consti
| tuition contend that, in addition to uphold
| ing our armies and our navies, every meas
ure of wise craftsmanship and conciliator,
policy shall be adopted to bring this wa
to successful close.
Only the ends for which this war wa
begun should be sought because they ar
the most easily attained, most beneficial
when gained, and in their support the mos
varied, the most enlarged, and the mos
patriotic influences can be exerte1.
On the other hand, it is insisted that tn
war shall be prolonged by waging it 70
purposes beyond those avowed at the out
set, and by making demands which vii
excite desperate resistance. A deman
is made that the people Of the South sha
swear to abide by a proclamation put fort
with reluctance, and which is objected t
| by large share of northern people as un
wise and unjust, as it makes no distinction
between the guilty and the innocent. The
are to take the oath to which no reputabl
citizen Of the North of any party will sub
scribe ; that they will uphold any futur
procamations relating to slavery. The
are to submit themselves to uttered an
unuttered opinions and DEGREES. No long
er regarding the war as directed agains
armed rebellion, it is to be waged agains
people, property and local institutions
is held that the whole population within
tbe limits of certain States are stripped G
all political rights until they are purged b.
Presidential clemency.
The disorganization and destruction {
the South are not to save us from the cos
of war. The plan for the future govern
ment Of the seeded States demands tn
maintenance of armies and o continue,
drain upon the persons and property of ou
people. Whenever one-tenth of the voter
Of either OF those States shall submit them
selves to the condition imposed, they ma
form new governments with new or oil
names and boundaries. This inconsidera
ble minority is to be supported in the ex
ercise Of power by the arms and treasur
of the North. There will be no motives OF
their part to draw the remaining popula
ton into the support Of the government
just created. There will be every induce
ment of power, Of gain, and Of ambition
to perpetuate the condition Of affairs s
favorable to individual purposes. 1t vii
also be for the interest of the national ad
ministration to continue this system o
government, so utterly at variance with
representative policy. Is not this the sam
mistaken theory upon which other nation
have tried to govern their dependencies
Has complete subjugation for centuris
produced by the quiet, the obedience t
law, the order, the security to life and pro
nertv the kindly feelings or tha nlutua